Cloud Rahkaran software revenue, first three months, company onlyThree months to 21 June 2026Company disclosed
2,017,078 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, three months to 21 June 2026 (unaudited) · retrieved 2026-10-08Revenue from the cloud version of the company's ERP, Hamkaran System alone; unaudited.
Software sales revenue, first three months, company onlyThree months to 21 June 2026Company disclosed
3,697,800 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, three months to 21 June 2026 (unaudited) · retrieved 2026-10-08Hamkaran System alone, unaudited.
Share capital represented at the annual general meetingAt the annual general meeting of 9 June 2026Company disclosed
78.63 per cent (7,863,078,020 shares)
System Group (Hamkaran System) decisions of the annual general meeting of 9 June 2026, filed on Codal · retrieved 2026-10-08
Distributable profit, companyYear to 20 March 2026Company disclosed
34,913,691 million rial
System Group (Hamkaran System) decisions of the annual general meeting of 9 June 2026, filed on Codal · retrieved 2026-10-08The cash dividend approved, 34,000,000 million rial, is larger than the company's net profit for the year, 33,064,411 million rial; the difference comes from earlier retained earnings.
Dividend approved at the previous annual general meeting, totalYear to 20 March 2025Company disclosed
19,624,425 million rial
System Group (Hamkaran System) decisions of the annual general meeting of 9 June 2026, filed on Codal · retrieved 2026-10-08Approved at the previous year's meeting and deducted from retained earnings in the year to 20 March 2026.
Board remuneration approvedYear to 20 March 2026Company disclosed
110,000 million rial, gross, the same as the year before
System Group (Hamkaran System) decisions of the annual general meeting of 9 June 2026, filed on Codal · retrieved 2026-10-08
Total equity (consolidated)At 20 March 2026Company disclosed
55,929,897 million rial, of which 49,793,668 million rial attributable to owners of the parent
System Group (Hamkaran System) consolidated and company financial information filed on Codal, year to 20 March 2026 (unaudited) · retrieved 2026-10-08Unaudited, as the filing marks the year's column.
Total liabilities (consolidated)At 20 March 2026Company disclosed
34,580,247 million rial
System Group (Hamkaran System) consolidated and company financial information filed on Codal, year to 20 March 2026 (unaudited) · retrieved 2026-10-08The statement shows no bank borrowing, short or long term. Unaudited, as the filing marks the year's column.
Advances received from customers (consolidated)At 20 March 2026Company disclosed
18,497,633 million rial, up 51 per cent on a year earlier
System Group (Hamkaran System) consolidated and company financial information filed on Codal, year to 20 March 2026 (unaudited) · retrieved 2026-10-08Money customers paid before the service was delivered; the largest single liability on the group's balance sheet. Unaudited, as the filing marks the year's column.
Net cash from operating activities (consolidated)Year to 20 March 2026Company disclosed
42,513,897 million rial, up 52 per cent
System Group (Hamkaran System) consolidated and company financial information filed on Codal, year to 20 March 2026 (unaudited) · retrieved 2026-10-08After income tax paid. Unaudited, as the filing marks the year's column.
Revenue recognised in the month, company onlyMonth from 21 April to 21 May 2026Company disclosed
3,395,134 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, two months to 21 May 2026 (unaudited) · retrieved 2026-10-08Hamkaran System on its own, unaudited. The company attributes a rise of more than 30 per cent in quality-control and internal training revenue over the first month to more quality-control contracts signed for the year and more training courses held.
Related-party agreement disclosed under Article 129 of the Commercial Code, counterpartyAt 22 April 2026Company disclosed
Sepidar System Asia, a subsidiary
System Group related-party transaction disclosure under Article 129 of the Commercial Code, filed on Codal, April 2026 · retrieved 2026-10-08Disclosed as a transaction with a related party under Article 129 of the Commercial Code.
Scope of the agreement with Sepidar System AsiaAt 22 April 2026Company disclosed
Joint development, production and sale of cloud software for Sepidar's market, with the product jointly owned and neither party free to transfer or use it independently outside the agreement
System Group related-party transaction disclosure under Article 129 of the Commercial Code, filed on Codal, April 2026 · retrieved 2026-10-08The filing also describes the contract as producing and offering cloud software for the small market.
Revenue split under the cloud-software agreement with Sepidar System AsiaAt 22 April 2026Company disclosed
20 per cent to System Group, 80 per cent to Sepidar System Asia
System Group related-party transaction disclosure under Article 129 of the Commercial Code, filed on Codal, April 2026 · retrieved 2026-10-08The split applies to the products made under this agreement and to the licence revenue they earn over their life, not to either company's total revenue.
Transaction amount stated for the Sepidar System Asia agreementAt 22 April 2026Company disclosed
0 million rial
System Group related-party transaction disclosure under Article 129 of the Commercial Code, filed on Codal, April 2026 · retrieved 2026-10-08The filing states the transaction amount, and the market and book value of the assets involved, as 0 million rial.
Dividends paid to owners of the parent (consolidated)Year to 20 March 2026Company disclosed
19,615,252 million rial
System Group (Hamkaran System) consolidated and company financial information filed on Codal, year to 20 March 2026 (unaudited) · retrieved 2026-10-08Cash paid to the parent's shareholders during the year. Unaudited, as the filing marks the year's column.
Revenue recognised in the first month of the financial year, company onlyMonth from 21 March to 20 April 2026Company disclosed
2,665,866 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, two months to 21 May 2026 (unaudited) · retrieved 2026-10-08Hamkaran System on its own, unaudited.
Pricing basis for the Sepidar System Asia agreementAt 22 April 2026Company disclosed
Official expert licensed by the judiciary, in computing and information technology
System Group related-party transaction disclosure under Article 129 of the Commercial Code, filed on Codal, April 2026 · retrieved 2026-10-08
Operating revenue, company onlyYear to 20 March 2026Company disclosed
40,467,752 million rial, up 45 per cent
System Group (Hamkaran System) consolidated and company financial information filed on Codal, year to 20 March 2026 (unaudited) · retrieved 2026-10-08Hamkaran System on its own, without its subsidiaries. The group figure for the same year is 60,533,444 million rial. Unaudited, as the filing marks the year's column.
Revenue recognised in the first two months of the financial year, company onlyTwo months to 21 May 2026Company disclosed
6,061,000 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, two months to 21 May 2026 (unaudited) · retrieved 2026-10-08Hamkaran System on its own, unaudited.
Operating revenue forecast, company onlyForecast for the year to 20 March 2027Company disclosed
85,982,956 million rial
System Group (Hamkaran System) consolidated and company financial information filed on Codal, year to 20 March 2026 (unaudited) · retrieved 2026-10-08A forecast by the company, for the company alone; it is not a result.
Staff, company onlyAt 20 March 2026Company disclosed
126 operating staff and 176 non-operating staff
System Group (Hamkaran System) consolidated and company financial information filed on Codal, year to 20 March 2026 (unaudited) · retrieved 2026-10-08Hamkaran System on its own; staff of its subsidiaries are not counted here. The company expects 164 operating staff a year later.
Employees, group (consolidated)Year to 20 March 2026Company disclosed
1,433, up 7 per cent
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09Staff of Hamkaran System and its consolidated subsidiaries. The same table gives 1,339 for the year before, which matches the audited average monthly headcount, so this is best read as an average for the year rather than a year-end count.
Rahkaran ERP (current generation): modules and customersAt the report date, report for the year to 20 March 2026Company disclosed
More than 70 specialised modules, covering more than 10,000 customers
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09The Rahkaran enterprise software line only. The group reports more than 161,000 customers across all its products.
Market value of shares, end of financial yearAt 20 March 2026Company disclosed
291,300,000 million rial, at a share price of 29,130 rial
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09Down from 342,400,000 million rial a year earlier. The share price is the board's year-end figure, not a current quote.
Consolidated net profit, share of the year's target achievedYear to 20 March 2026Company disclosed
77 per cent
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09Measured against the board's own budget for the year, not against the year before. Consolidated net profit still rose 31 per cent on the prior year.
Staff training deliveredYear to 20 March 2026Company disclosed
About 5,000 person-courses
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09Counts course places, so one employee on three courses counts three times.
Free-float shareAt 20 March 2026Company disclosed
25.12 per cent
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09Down from 30.16 per cent two years earlier.
Consolidated operating profit, share of the year's target achievedYear to 20 March 2026Company disclosed
75 per cent
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09Measured against the board's own budget for the year. Consolidated operating profit rose 27 per cent on the prior year.
Holding in Sepidar System Asia (listed subsidiary)At the report date, report for the year to 20 March 2026Company disclosed
76.2 per cent
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09Sepidar System Asia makes accounting software for small businesses and is listed in its own right.
Consolidated operating margin, change over five yearsFive years to 20 March 2026Company disclosed
Up from 54 per cent to 58 per cent
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09The board's own statement for the group. It attributes the rise to changes in the group's financial structure and to cost management through building an agile commercial network.
Consolidated operating revenue and operating profit, growth over five yearsFive years to 20 March 2026Company disclosed
Operating revenue about 11 times, operating profit about 12 times
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09Multiples of nominal rial figures over five years, with no adjustment for inflation.
Holding in Hamkaran System Panah Tehran (support centre subsidiary)At the report date, report for the year to 20 March 2026Company disclosed
99.8 per cent
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09
Software sales, share of group operating revenueYear to 20 March 2026Company disclosed
36 per cent
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09Licence sales of software. Support and cloud services are counted separately as recurring revenue.
Holding in Hamkaran System Sales Network DevelopmentAt the report date, report for the year to 20 March 2026Company disclosed
99.8 per cent
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09
Universities the training institute works withNine months to 21 December 2025Company disclosed
34
System Group (Hamkaran System) management interpretive report for the nine months to 21 December 2025, amended version filed on Codal, 6 May 2026 · retrieved 2026-10-09Activity of Hamkaran System Research and Training Institute, the group's training arm, in which the company holds 48 per cent.
Net cash receipts from operations before income tax paid, company onlyNine months to 21 December 2025Company disclosed
15,301,045 million rial
System Group (Hamkaran System) management interpretive report for the nine months to 21 December 2025, amended version filed on Codal, 6 May 2026 · retrieved 2026-10-09Income tax paid is shown separately in the same table, so this is not the statements' net cash from operating activities.
Recurring revenue (support and cloud software), share of group operating revenueYear to 20 March 2026Company disclosed
53 per cent
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09Support contracts and cloud software together. The same report's chart puts the share at about 42 per cent the year before.
Holding in Hamkaran System Research and Training InstituteAt the report date, report for the year to 20 March 2026Company disclosed
48 per cent
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09The board report lists the institute among the group's subsidiaries although the holding is under half.
Holding in Abramad Technology Infrastructure Development (cloud infrastructure subsidiary)At the report date, report for the year to 20 March 2026Company disclosed
100 per cent
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09Abramad supplies the cloud infrastructure on which the group's cloud software runs.
Customers whose software deployment projects were implemented and put into operationNine months to 21 December 2025Company disclosed
2,260
System Group (Hamkaran System) management interpretive report for the nine months to 21 December 2025, amended version filed on Codal, 6 May 2026 · retrieved 2026-10-09Counts customers whose deployment projects were completed, through the group's network of more than 60 independent companies; the annual reports count projects instead, so the figures are not directly comparable.
Holding in Hamkaran System Management Information (MIS), the group's product developerAt 21 December 2025Company disclosed
99.60 per cent
System Group (Hamkaran System) management interpretive report for the nine months to 21 December 2025, amended version filed on Codal, 6 May 2026 · retrieved 2026-10-09The report describes this subsidiary as the company that produces the group's products.
Software sales revenue, financial year, company onlyYear to 20 March 2025Company disclosed
11,181,681 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, twelve months to 20 March 2026 (unaudited) · retrieved 2026-10-09Hamkaran System alone, unaudited.
Shares traded in the yearYear to 20 March 2026Company disclosed
746,991,832 shares, worth 24,120,742 million rial
System Group (Hamkaran System) board of directors' report to the annual general meeting, year to 20 March 2026, filed on Codal · retrieved 2026-10-09
CustomersAt the report date, report for the nine months to 21 December 2025Company disclosed
About 158,000
System Group (Hamkaran System) management interpretive report for the nine months to 21 December 2025, amended version filed on Codal, 6 May 2026 · retrieved 2026-10-09A cumulative customer count as the company states it in its nine-month report. The company's annual report for the year to 20 March 2026 gives more than 161,000.
New customers won in the mid-size and large-company marketNine months to 21 December 2025Company disclosed
Nearly 615
System Group (Hamkaran System) management interpretive report for the nine months to 21 December 2025, amended version filed on Codal, 6 May 2026 · retrieved 2026-10-09
Payments to the government, group (income tax, VAT, employer insurance, state levies, energy and communications)Nine months to 21 December 2025Company disclosed
8,309,497 million rial, up 41 per cent on the same nine months a year earlier (5,877,249 million rial)
System Group (Hamkaran System) management interpretive report for the nine months to 21 December 2025, amended version filed on Codal, 6 May 2026 · retrieved 2026-10-09
Share of those new customers who bought cloud productsNine months to 21 December 2025Company disclosed
63 per cent
System Group (Hamkaran System) management interpretive report for the nine months to 21 December 2025, amended version filed on Codal, 6 May 2026 · retrieved 2026-10-09A share of the new customers won in the mid-size and large-company market in the period, not of the whole customer base.
Holding in Payvand New Technologies EngineeringAt 21 December 2025Company disclosed
99.83 per cent
System Group (Hamkaran System) management interpretive report for the nine months to 21 December 2025, amended version filed on Codal, 6 May 2026 · retrieved 2026-10-09
Completed deployment projects implemented on cloudNine months to 21 December 2025Company disclosed
Nearly 787
System Group (Hamkaran System) management interpretive report for the nine months to 21 December 2025, amended version filed on Codal, 6 May 2026 · retrieved 2026-10-09
Holding in Hamkaran System Business IntelligenceAt 21 December 2025Company disclosed
87.00 per cent
System Group (Hamkaran System) management interpretive report for the nine months to 21 December 2025, amended version filed on Codal, 6 May 2026 · retrieved 2026-10-09
Revenue recognised in the month, company onlyMonth to 20 March 2026Company disclosed
2,645,807 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, twelve months to 20 March 2026 (unaudited) · retrieved 2026-10-09Hamkaran System on its own, from its unaudited monthly activity report; the last month of the financial year.
Training places delivered by the Hamkaran System Research and Training Institute on Rahkaran, Sepidar, business intelligence and data analysisNine months to 21 December 2025Company disclosed
About 3,600 person-courses
System Group (Hamkaran System) management interpretive report for the nine months to 21 December 2025, amended version filed on Codal, 6 May 2026 · retrieved 2026-10-09Counted in person-courses: one person attending two courses counts twice.
Dividends paid, company onlyNine months to 21 December 2025Company disclosed
19,719,498 million rial
System Group (Hamkaran System) management interpretive report for the nine months to 21 December 2025, amended version filed on Codal, 6 May 2026 · retrieved 2026-10-09
Webinars and specialist conferences held by the Hamkaran System Research and Training InstituteNine months to 21 December 2025Company disclosed
29 webinars and 14 specialist conferences, with about 9,500 person-courses
System Group (Hamkaran System) management interpretive report for the nine months to 21 December 2025, amended version filed on Codal, 6 May 2026 · retrieved 2026-10-09
Revenue from production quality control, financial year, company onlyYear to 20 March 2026Company disclosed
13,076,231 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, twelve months to 20 March 2026 (unaudited) · retrieved 2026-10-09The largest of the company's revenue lines in its monthly reporting; Hamkaran System alone, unaudited.
Cloud Rahkaran software revenue, financial year, company onlyYear to 20 March 2026Company disclosed
4,906,614 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, twelve months to 20 March 2026 (unaudited) · retrieved 2026-10-09Revenue from the cloud version of the company's ERP, Hamkaran System alone; unaudited.
Internal training revenue, financial year, company onlyYear to 20 March 2026Company disclosed
37,986 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, twelve months to 20 March 2026 (unaudited) · retrieved 2026-10-09Hamkaran System alone, unaudited. The company attributes the rise in the final month to more training courses being held.
Cloud Rahkaran software revenue, financial year, company onlyYear to 20 March 2025Company disclosed
2,708,022 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, twelve months to 20 March 2026 (unaudited) · retrieved 2026-10-09Revenue from the cloud version of the company's ERP, Hamkaran System alone; unaudited.
Datacenter services revenue, first month of the financial year, company onlyMonth to 20 April 2026Company disclosed
43,410 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, month to 20 April 2026 (unaudited) · retrieved 2026-10-09Hamkaran System alone, unaudited. The company attributes the rise over the previous month to a change in how this revenue is calculated in the new financial year.
Revenue from production quality control, financial year, company onlyYear to 20 March 2025Company disclosed
8,084,710 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, twelve months to 20 March 2026 (unaudited) · retrieved 2026-10-09Hamkaran System alone, unaudited. Second to software sales that year.
Software sales revenue, financial year, company onlyYear to 20 March 2026Company disclosed
11,211,198 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, twelve months to 20 March 2026 (unaudited) · retrieved 2026-10-09Hamkaran System alone, unaudited.
Datacenter services revenue, financial year, company onlyYear to 20 March 2026Company disclosed
231,474 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, twelve months to 20 March 2026 (unaudited) · retrieved 2026-10-09A small line next to the company's software and quality-control revenue; Hamkaran System alone, unaudited.
Revenue from production quality control, first month of the financial year, company onlyMonth to 20 April 2026Company disclosed
1,053,977 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, month to 20 April 2026 (unaudited) · retrieved 2026-10-09The largest of the company's revenue lines in the month; Hamkaran System alone, unaudited.
Software sales revenue, first month of the financial year, company onlyMonth to 20 April 2026Company disclosed
941,224 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, month to 20 April 2026 (unaudited) · retrieved 2026-10-09Hamkaran System alone, unaudited.
Cloud Rahkaran software revenue, first month of the financial year, company onlyMonth to 20 April 2026Company disclosed
627,255 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, month to 20 April 2026 (unaudited) · retrieved 2026-10-09Revenue from the cloud version of the company's ERP, Hamkaran System alone; unaudited.
Office property bought from subsidiary Sepidar System Asia, purchase priceAt 15 April 2026Company disclosed
2,515,000 million rial, for an undivided one-sixth share of a land plot with its building and the whole of four office units in Vanak, Tehran
System Group fixed-asset transfer disclosure, filed on Codal, April 2026 · retrieved 2026-10-09Priced at the valuation of a three-member panel of official court experts in roads and building. The company gives its need for more office space as the reason; most of the building already belonged to it.
Internal training revenue, first month of the financial year, company onlyMonth to 20 April 2026Company disclosed
0 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, month to 20 April 2026 (unaudited) · retrieved 2026-10-09Hamkaran System alone, unaudited. The company says no training courses were held in the month, given conditions at the time.
Dividend for the year, payment statusAt 16 June 2026Company disclosed
Deposited with the Central Securities Depository on the due date of 15 June 2026, but not yet paid into shareholders' accounts because of problems at some banks
System Group notice on payment of the dividend for the year to 20 March 2026, filed on Codal, June 2026 · retrieved 2026-10-09Applies to the dividend for the year to 20 March 2026 payable through the Sajam system to all shareholders except holders of more than 450 million shares. The company said payment would follow once the restrictions were lifted.
Board's assessment of internal control over financial reporting, subsidiariesAt 20 March 2026Company disclosed
Effective
System Group report on internal control over financial reporting at 20 March 2026, issued 23 May 2026 · retrieved 2026-10-06The board's own assessment covering the subsidiaries as a group; the report does not name them or assess any one separately.
Material disagreement between the audit committee and the board on internal control over financial reportingAs stated on 23 May 2026Company disclosed
None
System Group report on internal control over financial reporting at 20 March 2026, issued 23 May 2026 · retrieved 2026-10-06Stated by the board in the same report; the report was issued 23 May 2026.
Cash dividend payment scheduleDividend for the year to 20 March 2026Company disclosed
Scheduled by board resolution of 24 May 2026 for payment in full through the Sajam system on 15 June 2026 to all shareholders except holders of more than 450,000,000 shares, who are payable from 29 June 2026 on presenting a formal letter
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
Board's assessment of internal control over financial reporting, companyAt 20 March 2026Company disclosed
Effective
System Group report on internal control over financial reporting at 20 March 2026, issued 23 May 2026 · retrieved 2026-10-06This is the board's own assessment against the Securities and Exchange Organization's criteria, not an auditor's opinion.
Independent companies in the sales and deployment networkAt the report date, report for the year to 20 March 2026Company disclosed
More than 60
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
Software deployment projects completedYear to 20 March 2026Company disclosed
More than 2,800 projects, covering nearly 13,000 software modules
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
Support requests answered by artificial intelligenceYear to 20 March 2026Company disclosed
20 per cent
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
Payments to the government, group (income tax, VAT, employer insurance, state levies, energy and communications)Year to 20 March 2026Company disclosed
12,335,443 million rial, up 79 per cent
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
Reason the board gives for missing its revenue expectationYear to 20 March 2026Company disclosed
War in the last month of the financial year hit customer buying, in the month when a large part of annual sales is normally made
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
Rahkaran Ayand (fourth-generation ERP) products releasedAt the report date, report for the year to 20 March 2026Company disclosed
6 products released; 11 expected to be ready by the end of the year to 20 March 2027
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
Share of those new customers who bought cloud RahkaranYear to 20 March 2026Company disclosed
65 per cent
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
Deployment projects implemented on cloudYear to 20 March 2026Company disclosed
Nearly 1,000 projects with more than 4,000 modules
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
Consolidated operating revenue targetBudget for the year to 20 March 2027Company disclosed
118,009,472 million rial (95 per cent above the prior year's actual)
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
CustomersAt the report date, report for the year to 20 March 2026Company disclosed
About 161,000
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
Consolidated operating revenue, share of the year's target achievedYear to 20 March 2026Company disclosed
80 per cent of the target of 75,758,649 million rial
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
Registration dateAt 29 August 1989Company disclosed
29 August 1989, as a private joint-stock company with capital of 1.2 million rial
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
Consolidated net profit targetBudget for the year to 20 March 2027Company disclosed
82,540,650 million rial (132 per cent above the prior year's actual)
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
New customers won in the mid-size and large-company marketYear to 20 March 2026Company disclosed
More than 800
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
Major brand-name customers won in key industriesYear to 20 March 2026Company disclosed
142
System Group (Hamkaran System) board interpretive report, year to 20 March 2026 · retrieved 2026-10-06
Deployment projects implemented on cloudYear to 20 March 2025Company disclosed
965 projects with 3,833 modules
System Group (Hamkaran System) board interpretive report, year to 20 March 2025 · retrieved 2026-10-06A subset of the 2,998 deployment projects completed in the year.
Recurring revenue, share of consolidated operating revenueYear to 20 March 2025Company disclosed
42 per cent
System Group (Hamkaran System) board interpretive report, year to 20 March 2025 · retrieved 2026-10-06The company's own classification of which revenue recurs; the report does not define it line by line.
CustomersAt the report date, report for the year to 20 March 2025Company disclosed
About 149,000
System Group (Hamkaran System) board interpretive report, year to 20 March 2025 · retrieved 2026-10-06As the company describes its customer base; the next year's report gives about 161,000.
Consolidated operating revenue, share of the year's target achievedYear to 20 March 2025Company disclosed
90 per cent of the target of 48,375,420 million rial
System Group (Hamkaran System) board interpretive report, year to 20 March 2025 · retrieved 2026-10-06The company's own budget for the year against what it reported.
Share of those new customers who bought cloud or fourth-generation productsYear to 20 March 2025Company disclosed
55 per cent
System Group (Hamkaran System) board interpretive report, year to 20 March 2025 · retrieved 2026-10-06A share of the new mid-size and large customers won in the year, not of the whole customer base.
Consolidated net profit targetBudget for the year to 20 March 2026Company disclosed
45,991,885 million rial (70 per cent above the prior year's actual)
System Group (Hamkaran System) board interpretive report, year to 20 March 2025 · retrieved 2026-10-06A budget, not a result; published in this report about three months into that year. The group reported 35,592,290 million rial for that year.
Major brand-name customers won in key industriesYear to 20 March 2025Company disclosed
135
System Group (Hamkaran System) board interpretive report, year to 20 March 2025 · retrieved 2026-10-06
Company-only net profit, share of the year's target achievedYear to 20 March 2025Company disclosed
82 per cent of the target of 24,920,165 million rial
System Group (Hamkaran System) board interpretive report, year to 20 March 2025 · retrieved 2026-10-06The board attributes the gap mainly to Sepidar System Asia, in which the company holds shares, paying out 25 per cent of its profit instead of the 75 per cent budgeted, to allow a capital increase.
Young specialists hired in software development and infrastructureYear to 20 March 2025Company disclosed
More than 150
System Group (Hamkaran System) board interpretive report, year to 20 March 2025 · retrieved 2026-10-06Hires in the year, not the change in total staff.
Payments to the government, group (income tax, VAT, employer insurance, state levies, energy and communications)Year to 20 March 2025Company disclosed
6,896,575 million rial, up 83 per cent
System Group (Hamkaran System) board interpretive report, year to 20 March 2025 · retrieved 2026-10-06Income tax 2,171,981, VAT 3,315,729, employer social insurance 1,285,155, state levies 38,596 and energy and communications 85,114, all in million rial.
New customers won in the mid-size and large-company marketYear to 20 March 2025Company disclosed
More than 1,000
System Group (Hamkaran System) board interpretive report, year to 20 March 2025 · retrieved 2026-10-06The next year's report gives more than 800 for the year to 20 March 2026.
Consolidated net profit, share of the year's target achievedYear to 20 March 2025Company disclosed
95 per cent of the target of 28,424,690 million rial
System Group (Hamkaran System) board interpretive report, year to 20 March 2025 · retrieved 2026-10-06
Software deployment projects completedYear to 20 March 2025Company disclosed
2,998 projects, covering 14,000 software modules in total
System Group (Hamkaran System) board interpretive report, year to 20 March 2025 · retrieved 2026-10-06
Cash dividend per share proposed by the boardYear to 20 March 2025Company disclosed
2,000 rial
System Group (Hamkaran System) board interpretive report, year to 20 March 2025 · retrieved 2026-10-06The board's proposal to the annual general meeting; the amount the meeting approved is not in this report.
Operating profit (consolidated, audited)Year to 20 March 2025Company disclosed
27,594,156 million rial
System Group (Hamkaran System) audited consolidated and separate financial statements, year to 20 March 2025 · retrieved 2026-10-06
Dividends paid to owners of the parent (consolidated, audited)Year to 20 March 2025Company disclosed
17,677,102 million rial
System Group (Hamkaran System) audited consolidated and separate financial statements, year to 20 March 2025 · retrieved 2026-10-06Cash actually paid out in the year, which is not the same as the dividend declared for the year.
Admitted to the Tehran Stock ExchangeAt 29 October 2016Company disclosed
29 October 2016, second market of the Tehran Stock Exchange
System Group (Hamkaran System) audited consolidated and separate financial statements, year to 20 March 2025 · retrieved 2026-10-06Before that it was admitted to Farabourse, on 28 June 2011 to its base market and on 13 September 2011 to its first market.
Basic earnings per share (company only, audited)Year to 20 March 2025Company disclosed
2,085 rial
System Group (Hamkaran System) audited consolidated and separate financial statements, year to 20 March 2025 · retrieved 2026-10-06
Average monthly headcount, group (permanent and contract staff)Year to 20 March 2025Company disclosed
1,339 people
System Group (Hamkaran System) audited consolidated and separate financial statements, year to 20 March 2025 · retrieved 2026-10-06An average over the year, not a year-end count, of permanent and contract staff across the group. Outsourced service staff are counted separately.
Auditor's opinion on the financial statementsYear to 20 March 2025Company disclosed
Qualified, by Hadaf Novin Negar audit firm, covering the consolidated and separate statements
System Group (Hamkaran System) audited consolidated and separate financial statements, year to 20 March 2025 · retrieved 2026-10-06The one qualification concerns the carrying value of land last revalued in 2021; the auditor states it does not affect the income statement.
Short-term investments (consolidated)At 20 March 2026Company disclosed
56,203,305 million rial, up 87 per cent on a year earlier
System Group (Hamkaran System) consolidated and company financial information filed on Codal, year to 20 March 2026 (unaudited) · retrieved 2026-10-08About 62 per cent of the group's total assets on the same date. Unaudited, as the filing marks the year's column.
Operating profit, company onlyYear to 20 March 2026Company disclosed
28,848,448 million rial, up 41 per cent
System Group (Hamkaran System) consolidated and company financial information filed on Codal, year to 20 March 2026 (unaudited) · retrieved 2026-10-08Hamkaran System on its own, without its subsidiaries. Unaudited, as the filing marks the year's column.
Paragraphs of the independent auditor's report referred to the board for actionAudit of the year to 20 March 2026Company disclosed
Paragraphs 2, 8 and 11
System Group (Hamkaran System) decisions of the annual general meeting of 9 June 2026, filed on Codal · retrieved 2026-10-08The meeting's own decision. The filing does not say what the three paragraphs contain or whether the audit opinion is qualified.
Other non-operating income and expenses, net (consolidated)Year to 20 March 2026Company disclosed
7,962,649 million rial, up 98 per cent
System Group (Hamkaran System) consolidated and company financial information filed on Codal, year to 20 March 2026 (unaudited) · retrieved 2026-10-08Income and expenses outside the group's software business, net, for the whole group. Unaudited, as the filing marks the year's column.
Net profit attributable to owners of the parent (consolidated)Year to 20 March 2026Company disclosed
33,554,229 million rial, up 33 per cent
System Group (Hamkaran System) consolidated and company financial information filed on Codal, year to 20 March 2026 (unaudited) · retrieved 2026-10-08The group's net profit of 35,592,290 million rial less the 2,038,061 million rial that belongs to minority shareholders in subsidiaries. Unaudited, as the filing marks the year's column.
Cash (consolidated)At 20 March 2026Company disclosed
2,443,347 million rial
System Group (Hamkaran System) consolidated and company financial information filed on Codal, year to 20 March 2026 (unaudited) · retrieved 2026-10-08Cash only; short-term investments are a separate and much larger line. Unaudited, as the filing marks the year's column.
Basic earnings per share (consolidated)Year to 20 March 2026Company disclosed
3,423 rial, up 33 per cent
System Group (Hamkaran System) consolidated and company financial information filed on Codal, year to 20 March 2026 (unaudited) · retrieved 2026-10-08Group profit attributable to the parent per share. The company-only basic earnings per share for the same year is 3,374 rial. Unaudited, as the filing marks the year's column.
Total assets (consolidated)At 20 March 2026Company disclosed
90,510,144 million rial, up 47 per cent on a year earlier
System Group (Hamkaran System) consolidated and company financial information filed on Codal, year to 20 March 2026 (unaudited) · retrieved 2026-10-08Unaudited, as the filing marks the year's column.
Revenue recognised in the month, company onlyMonth from 22 May to 21 June 2026Company disclosed
4,581,598 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, three months to 21 June 2026 (unaudited) · retrieved 2026-10-08Hamkaran System on its own, from its monthly sales report, which is unaudited. The company says sales are planned around the last month of each quarter, when most revenue is recognised.
Revenue recognised in the first three months of the financial year, company onlyThree months to 21 June 2026Company disclosed
10,642,598 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, three months to 21 June 2026 (unaudited) · retrieved 2026-10-08Hamkaran System on its own; unaudited monthly reporting, not the group.
Revenue from production quality control, first three months, company onlyThree months to 21 June 2026Company disclosed
4,718,386 million rial
System Group (Hamkaran System) monthly activity report filed on Codal, three months to 21 June 2026 (unaudited) · retrieved 2026-10-08The largest of the company's revenue lines in the period; Hamkaran System alone, unaudited.
Per-share resultsFY2025-26Official record
EPS 3,306 rial · DPS 3,400 rial
ListingAs at 27 September 2026Official record
Tehran Stock Exchange, symbol سيستم, main board of the first market · close 52,820 rial (27 September 2026)
FY2025-26 consolidated income statementto 20 March 2026Official 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)
FY2024-25 consolidated comparativeFY2024-25Official record
Revenue 43,681,034M rial ≈ 4,368B toman · net profit 27,132,468M rial ≈ 2,713B toman (audited: the audited statements for the year to 20 March 2025 print these figures, and those for the year to 20 March 2026 repeat them as their comparative, not marked restated)
