SYS: Growth, Global Expansion & What’s Next

Systems Limited (SYS), one of Pakistan’s leading IT companies, recently shared its financial performance and outlook for the first half of 2025. Let’s break it down in simple words.

Strong growth numbers

SYS reported revenues of PKR 36.7 billion, representing a 17.8% year-over-year increase. But the real highlight was profitability, which jumped nearly 59% YoY, showing the company is not just selling more, but also earning better margins. In dollar terms, SYS revenue hit $140 million.

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Global footprint expands

The Middle East & Africa remained SYS’s biggest market, contributing 57% of total revenue. Other regions followed: North America (20%), Pakistan (15%), Europe (5%), and Asia Pacific (3%). This shows how diversified SYS has become, with a strong international presence.

BAT acquisition

While details are confidential, SYS’s management called the BAT acquisition a “game changer.” They believe it will open new doors for growth and strengthen SYS’s global position.

Positive tailwinds for the IT sector

• Pakistan’s global IT reputation is improving, a big plus for SYS.
• If trade duties on IT services from India rise, Pakistan (with a smaller base) could attract more business.
• SYS’s top 20 clients made up 51% of revenues, higher than last year’s 48%, showing deepening client relationships.

Future outlook

• Management is optimistic about the continuation of the current tax regime for IT exports.
• SYS is actively preparing for rising AI competition, training its workforce on new skills to stay relevant.
• The company will keep exploring M&A opportunities that align with its long-term strategy.

SYS is showing steady growth, strong profits, and global reach. With a big acquisition in the pipeline, growing demand for IT exports, and a strong client base, the company looks well-positioned for the future.

Source: Insight Securities

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⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →