Ramco Systems has announced a significant contract win with United Aerospace Maintenance Company (UAMCO) Ltd, a leading provider of aircraft engine maintenance, repair, and overhaul services. UAMCO has selected Ramco's Aviation Software to streamline its operations and materials management, marking a notable advancement in the aviation maintenance sector.

Contract Details

UAMCO, founded in 2022, will implement Ramco's comprehensive software solution to enhance operational efficiency and support LEAP engines, including CFM International SA LEAP-1A and LEAP-1B. The software package includes modules for:

• Engineering & CAMO
• Maintenance
• Supply Chain
• MRO & Part Sales
• Employee Management
• Safety
• Quality
• Compliance
• Finance & Accounting

Strategic Partnership

Ramco's business partner, AiAppsData, played a crucial role in securing this engagement, leveraging their expertise in aviation IT solutions. This collaboration underscores the growing trend of digital transformation in the aviation maintenance industry.

Executive Insights

John Savvides, CEO of UAMCO, emphasized the decision to choose Ramco's solution, stating, "In selecting Ramco Systems as our technology partner, we were guided by a clear vision: to enable smarter operations and faster decision-making through the right solution. Ramco Aviation Software emerged as the clear choice, thanks to its comprehensive maintenance and materials management capabilities and strong alignment with our initiative to provide quick turn workscopes for CFM LEAP engines."

Manoj Kumar Singh, Chief Customer Officer – Aviation, Aerospace & Defense at Ramco Systems, commented on the partnership: "This partnership is a testament to the growing trust that leading MRO service providers are placing in Ramco Aviation Software to transform their engine maintenance operations. Our Aviation Software's best-in-class functionality, coupled with our unwavering focus on customer success, makes us uniquely positioned to deliver both innovation and an enhanced competitive edge for UAMCO."

Ramco's Market Position

Ramco Aviation Software has established a strong presence in the aviation industry:

• Trusted by 24,000+ users
• Managing 4,000+ aircraft globally
• Adopted by 90+ aviation organizations

The software is available on cloud and offers 'Anywhere Apps', which significantly enhance organizational efficiency and agility. Ramco continues to innovate with AI-based solutions, intelligent voice-enabled user experiences, and advanced features such as digital task cards and offline maintenance capabilities.

This latest contract with UAMCO further solidifies Ramco Systems' position as a leading provider of aviation software solutions, demonstrating its ability to meet the complex needs of the aircraft maintenance industry while driving digital transformation in the sector.

Ramco Systems , a leading enterprise software provider, has reported a significant turnaround in its financial performance for the first quarter, marking a substantial improvement from the previous year.

Profit Surge

The company posted a net profit of ₹9.4 crore, a remarkable recovery from a loss of ₹19.7 crore in the same period last year. This impressive shift from red to black underscores the effectiveness of Ramco Systems' strategic initiatives and operational improvements.

Revenue Growth

Ramco Systems demonstrated solid top-line growth, with revenue increasing to ₹161.00 crore from ₹136.00 crore year-over-year. This 18.38% rise in revenue reflects the company's expanding market presence and the growing demand for its software solutions.

EBITDA Performance

One of the most striking aspects of Ramco Systems' quarterly results was the substantial improvement in its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). The company's EBITDA surged to ₹29.00 crore, a significant jump from ₹3.44 crore in the previous year.

Margin Expansion

The EBITDA margin witnessed a remarkable expansion, reaching 18.01% compared to 2.51% in the same quarter of the previous year. This substantial margin improvement of 15.50 percentage points indicates enhanced operational efficiency and cost management.

Financial Highlights

Ramco Systems' strong performance across key financial metrics demonstrates the company's resilience and ability to navigate challenges effectively. The significant improvements in profitability and operational efficiency position the company well for sustained growth in the coming quarters.