Systems (KAR:SYS) Research & Development: ₨126 Mil (TTM As of Mar. 2026)


KAR:SYS Systems Ltd KAR:SYS
100 GF Score
Price ₨149.93
GF Value ₨155.81
Valuation Fairly Valued
! 3 Warning Signs
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What is Systems Research & Development?

Systems KAR:SYS 100 Research & Development is ₨126 Mil as of Mar. 2026. GuruFocus rates KAR:SYS with a GF Score™ of 100/100 and a GF Value™ of ₨155.81 (Fairly Valued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Systems's Research & Development for the three months ended in Mar. 2026 was ₨61 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₨126 Mil.

Systems  (KAR:SYS) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Systems Research & Development Related Terms

Systems Research & Development Historical Data

* Premium members only.

The historical data trend for Systems's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Systems Research & Development Chart

Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 109.92 92.27 82.32

Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.65 7.22 72.43 -14.98 61.34
KAR:SYS
100GF Score
Systems Ltd KAR:SYS
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Systems Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨126 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ₨126 Mil mean?
Systems (KAR:SYS) has a Research & Development of ₨126 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Systems and its competitors.
Is Systems' Research & Development too high?
Systems' current Research & Development is ₨126 Mil. Overall, Systems has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Systems' Research & Development compare to UBER and SHOP?
Systems' Research & Development of ₨126 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Systems and its competitors. Systems's current Research & Development is ₨126 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Systems stock overvalued right now?
Based on GuruFocus' analysis, Systems (KAR:SYS) is currently considered Fairly Valued. The stock's GF Value™ is ₨155.81, compared to a current price of ₨149.93 — trading 3.8% below its estimated fair value. The current Research & Development is ₨126 Mil. Systems' overall GF Score™ is 100/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Systems (KAR:SYS), the current Research & Development is ₨126 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Systems (KAR:SYS) Overvalued in 2026?

Based on GuruFocus' analysis, Systems stock appears to be undervalued. The current stock price of ₨149.93 is trading 3.8% below its estimated GF Value™ of ₨155.81. GuruFocus considers Systems to be Fairly Valued.

Key valuation signals for KAR:SYS:

  • Research & Development: ₨126 Mil
  • GF Value™: ₨155.81 vs. price of ₨149.93 (3.8% below fair value)
  • GF Score™: 100/100 with 3 warning signs

No single metric tells the full story. See the KAR:SYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Systems Business Description

Address Sehjpal Near DHA Phase -VIII, E-1, Ex.-Air Avenue), Lahore Cantontment, Lahore, PB, PAK
Systems Ltd is principally engaged in the business of software development, trading of software, hardware and business process outsourcing services. Its four primary segments are Banking Financial Services & Insurance includes activities related to banking, financial services, and insurance; Retail & CPG (Consumer Packaged Goods) covers retail operations and consumer goods; Telco (Telecommunications) involves telecommunications services and technologies; Technology includes technology-related solutions , products and services and; Others: It catch-all category may not include any remaining segments above of which majority of revenue comes from BFSI. It has presence in North America, Europe, Middle East & Africa, APAC, Pakistan of which majority of revenue comes from Middle East & Africa.
100GF Score

Get the complete analysis for KAR:SYS

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨149.93
Price
₨155.81
GF Value