CMS Info Systems Limited has informed the Exchange regarding a press release dated May 10, 2026, titled "CMS Info Systems wins 5-year ATM Managed Services mandate from HDFC Bank - Order valued at ₹400 Cr across 6,000 ATMs"".
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CMS Info Systems has secured a 5-year ATM managed services contract from HDFC Bank, India's largest private sector bank. The order is valued at ₹400 crore covering 6,000 ATMs. Under this mandate, CMS will provide managed services including currency forecasting, logistics, and its Vision AI solution called HAWKAI. This win strengthens CMS's position in the private banking segment, with private bank revenue mix growing from 22% in FY25 to 25%. CMS also recently won a ₹1,000 crore mandate from SBI, marking landmark wins at three of India's largest banks.
This contract provides revenue visibility for 5 years and signals CMS's growing traction with major private sector banks. The expanding private bank revenue mix could positively impact CMS's margins and stock valuation.