CMS Info Systems Ltd
NSE:CMSINFO
CMS Info Systems Ltd
CMS Info Systems Ltd. engages in the provision of cash management services. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2021-12-31. The firm caters broad set of outsourcing requirements for banks, financial institutions, organized retail and e-commerce companies in India. The firm operates in three segments: Cash management services, Managed services and Others. Its Cash management services include end-to-end automated teller machine (ATM) replenishment services; cash pick-up and delivery; network cash management and verification services; and cash-in-transit services for banks. Its Managed services include banking automation product sales, deployment and associated annual maintenance; brown label deployment and managed services for banks; common control systems and software solutions. Its software solutions include multi-vendor software solutions and other security and automation software solutions, as well as remote monitoring for ATMs. Its Others include financial cards issuance and management for banks and card personalization services.
CMS Info Systems Ltd. engages in the provision of cash management services. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2021-12-31. The firm caters broad set of outsourcing requirements for banks, financial institutions, organized retail and e-commerce companies in India. The firm operates in three segments: Cash management services, Managed services and Others. Its Cash management services include end-to-end automated teller machine (ATM) replenishment services; cash pick-up and delivery; network cash management and verification services; and cash-in-transit services for banks. Its Managed services include banking automation product sales, deployment and associated annual maintenance; brown label deployment and managed services for banks; common control systems and software solutions. Its software solutions include multi-vendor software solutions and other security and automation software solutions, as well as remote monitoring for ATMs. Its Others include financial cards issuance and management for banks and card personalization services.
Revenue Decline: Consolidated revenue fell by about 3% quarter-on-quarter to INR 609 crores, mainly due to a dip in ATM cash logistics volumes.
Profit Drop: PAT dropped 20% QoQ to INR 73 crores, with margin contraction blamed on lower revenue, temporary pricing issues, and higher costs.
Temporary Headwinds: H1 impacted by subdued consumption, extended rains affecting rural income, and ATM network churn after consolidation in the sector.
Order Wins & Pipeline: New order wins of INR 500 crores this quarter, with a robust pipeline including a major PSU bank contract expected to add INR 500 crores in revenue over 10 years.
Positive H2 Outlook: Management expects sequential improvement in revenue and margins in Q3 and Q4, targeting a return to normal margin profiles by year-end.
Strong Tech Growth: HAWKAI tech platform on track for rapid expansion, aiming to reach 50,000+ sites this year and 80,000 by FY '30.
Cost Controls: One-off employee cost reductions in Q2, with ongoing productivity initiatives expected to drive further cost optimization.
Services Revenue Guidance: H2 services revenue expected at INR 1,225 crores (up 9% over H1), supporting FY '26 services revenue growth of 8%.
