System Group
Entity IDIR-CO-2144
SectorEnterprise SW
Founded1992
HQTehran
VerificationReported
Last reviewed2026-07-10
Largest private-sector software company in Iran; ERP / cloud solutions
Decision snapshot
Net profit
33,062,411M rial ≈ 3,306B toman
FY1404 (to 2026-03-20)Official record
Codal — AGM decisions filing, FY ending 1404/12/29 ↗ · retrieved 2026-07-10
Market cap
443,500B rial ≈ 44,350B toman (≈ $245M) · P/E 13.4
2026-07-08Official record
TSETMC / databourse ↗ · retrieved 2026-07-10
Dividend
3,400 rial per share approved (34,000,000M rial total; ~7.7% yield at the close)
FY1404 AGM (2026-06-09)Official record
Codal — AGM decisions filing ↗ · retrieved 2026-07-10
Controlling shareholder
Ayandeh Negar Dana Investment Management 61.92% · Central Insurance of Iran 5.01% · Pasargad Economy Management Group 4.6% (AGM attendance record)
2026-06 (AGM)Official record
Codal — AGM decisions filing ↗ · retrieved 2026-07-10
Scale
1,700+ staff · 100+ subsidiary and partner companies
CurrentCompany disclosed
systemgroup.net shareholder affairs ↗ · retrieved 2026-07-10
Every field carries an explicit evidence state and its source. Self-reported figures are labelled as such; nothing is presented with more certainty than its source supports.
Operating metrics — period-stamped
Per-share resultsFY1404Official record
EPS 3,306 rial · DPS 3,400 rial
ListingCurrentOfficial record
TSE ticker SYSTM (Market 2) · close 44,350 rial (2026-07-08) · quote refreshes weekly on the dashboard
FY1404 consolidated income statementFY1404 (to 2026-03-20)Official record
Revenue 60,533,444M rial ≈ 6,053B toman (+39% YoY) · gross profit 41,670,731M rial (69% margin) · operating profit 34,948,719M rial (58% margin) · net profit 35,592,290M rial ≈ 3,559B toman (+31%, 59% net margin)
FY1403 consolidated comparativeFY1403 (2024–25)Official record
Revenue 43,681,034M rial ≈ 4,368B toman · net profit 27,132,468M rial ≈ 2,713B toman (audited, restated)
Metric series — change over time
Consolidated net profit · consolidated
FY140327,132,468M rial ≈ 2,713B toman
FY140435,592,290M rial ≈ 3,559B toman
Consolidated revenue · consolidated
FY140343,681,034M rial ≈ 4,368B toman
FY140460,533,444M rial ≈ 6,053B toman
Series are basis-consistent: values are only charted against comparable prior periods. Approximation qualifiers from the source are preserved. Rial figures follow the filing convention (million rial); toman conversions are ours and labelled.
Business model & group
Product coreActiveCompany disclosed
Rahkaran integrated ERP (finance, HR, sales, manufacturing, procurement) plus Rahkaran Cloud
ModelDurableCompany disclosed
Enterprise licences with implementation and support delivered through a 100+ company partner/subsidiary network
Leadership
CEOCurrentOfficial record
Mohammad Azirollahi (romanization ours, from the Persian filing)
ChairmanCurrentOfficial record
Farid Fooladi (representative of Ayandeh Negar Dana)
Board2026-06 (AGM)Official record
Five corporate seats: Ayandeh Negar Dana (chair) · Hamkaran System Panah Tehran · Hamkaran System Research & Training · Hamkaran Sales Network Development (vice-chair) · Farsad Future Management Development
Top financial officerCurrentOfficial record
Maryam Shah-Ghasemi (per filing)
Ownership & capital
Statutory auditorFY1405Official record
Hadaf Novin Negar (alternate: Behrad Moshar), appointed for FY1405
Competitive set
Competitive setCurrentTI derived
Arian System and other tracked enterprise-software vendors; System Group is the category's only listed pure-play at this scale
Evidence timeline — how this record was built
Primary sources catalogued in the Evidence Library; extracted claims appear above as period-stamped facts, never as current news.
What we don't know
Segment revenueOfficial record
Founding yearCoverage pending
Stated gaps are part of the record: in an opaque market, knowing what is NOT publicly established is as decision-relevant as what is.
Source ledger — every field, its evidence
| Field | Value | Period | Evidence | Source | Retrieved |
|---|---|---|---|---|---|
| Net profit | 33,062,411M rial ≈ 3,306B toman | FY1404 (to 2026-03-20) | Official record | Codal — AGM decisions filing, FY ending 1404/12/29 ↗ | 2026-07-10 |
| Market cap | 443,500B rial ≈ 44,350B toman (≈ $245M) · P/E 13.4 | 2026-07-08 | Official record | TSETMC / databourse ↗ | 2026-07-10 |
| Dividend | 3,400 rial per share approved (34,000,000M rial total; ~7.7% yield at the close) | FY1404 AGM (2026-06-09) | Official record | Codal — AGM decisions filing ↗ | 2026-07-10 |
| Controlling shareholder | Ayandeh Negar Dana Investment Management 61.92% · Central Insurance of Iran 5.01% · Pasargad Economy Management Group 4.6% (AGM attendance record) | 2026-06 (AGM) | Official record | Codal — AGM decisions filing ↗ | 2026-07-10 |
| Scale | 1,700+ staff · 100+ subsidiary and partner companies | Current | Company disclosed | systemgroup.net shareholder affairs ↗ | 2026-07-10 |
| Per-share results | EPS 3,306 rial · DPS 3,400 rial | FY1404 | Official record | Codal — AGM decisions filing ↗ | 2026-07-10 |
| Listing | TSE ticker SYSTM (Market 2) · close 44,350 rial (2026-07-08) · quote refreshes weekly on the dashboard | Current | Official record | TSETMC ↗ | 2026-07-10 |
| FY1404 consolidated income statement | Revenue 60,533,444M rial ≈ 6,053B toman (+39% YoY) · gross profit 41,670,731M rial (69% margin) · operating profit 34,948,719M rial (58% margin) · net profit 35,592,290M rial ≈ 3,559B toman (+31%, 59% net margin) | FY1404 (to 2026-03-20) | Official record | Codal — consolidated financial statements, 12 months to 1404/12/29 (unaudited consolidated; PDF reviewed) ↗ | 2026-07-10 |
| FY1403 consolidated comparative | Revenue 43,681,034M rial ≈ 4,368B toman · net profit 27,132,468M rial ≈ 2,713B toman (audited, restated) | FY1403 (2024–25) | Official record | Codal — consolidated statements (comparative column) ↗ | 2026-07-10 |
| Product core | Rahkaran integrated ERP (finance, HR, sales, manufacturing, procurement) plus Rahkaran Cloud | Active | Company disclosed | systemgroup.net product pages ↗ | 2026-07-10 |
| Model | Enterprise licences with implementation and support delivered through a 100+ company partner/subsidiary network | Durable | Company disclosed | systemgroup.net ↗ | 2026-07-10 |
| CEO | Mohammad Azirollahi (romanization ours, from the Persian filing) | Current | Official record | Codal — AGM decisions filing ↗ | 2026-07-10 |
| Chairman | Farid Fooladi (representative of Ayandeh Negar Dana) | Current | Official record | Codal — AGM decisions filing ↗ | 2026-07-10 |
| Board | Five corporate seats: Ayandeh Negar Dana (chair) · Hamkaran System Panah Tehran · Hamkaran System Research & Training · Hamkaran Sales Network Development (vice-chair) · Farsad Future Management Development | 2026-06 (AGM) | Official record | Codal — AGM decisions filing ↗ | 2026-07-10 |
| Top financial officer | Maryam Shah-Ghasemi (per filing) | Current | Official record | Codal — AGM decisions filing ↗ | 2026-07-10 |
| Statutory auditor | Hadaf Novin Negar (alternate: Behrad Moshar), appointed for FY1405 | FY1405 | Official record | Codal — AGM decisions filing ↗ | 2026-07-10 |
| Competitive set | Arian System and other tracked enterprise-software vendors; System Group is the category's only listed pure-play at this scale | Current | TI derived | Tehran Index registry mapping | 2026-07-10 |
Last full review: 2026-07-10 · Tehran Index research desk · corrections: desk@tehranindex.com
Work with this record
Alerts, company comparisons, and full-history exports are joining the partner workspace. Request access →
Registered entity
Legal entityHamkaran System
Entity typeoperating
StatusActive · public JSC, TSE-listed
Evidence & verification
Verification tierReported — single public source
Primary evidencewww.systemgroup.net
Registry identifiersWithheld for compliance
Fields on this profile derive from linked public sources or the official company registry; unknown values stay blank rather than guessed, and estimates are always labelled. How we verify →
Founding partner access
This dossier is the public proof. Partners get exports, comparisons, analyst briefings, and two research requests a year.
Request Access