Media release under regulation 30 of SEBI LODR titled -CMS Info Systems wins 5-year ATM Managed Services mandate from HDFC Bank order valued at Rs. 400 Crores across 6000 ATMs
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CMS Info Systems has secured a 5-year ATM managed services outsourcing contract from HDFC Bank, India's largest private sector bank. The order is valued at Rs. 400 Crores and covers 6,000 ATMs. Under the contract, CMS will provide managed services including currency forecasting, logistics, and its Vision AI solution called HAWKAI. This follows CMS's expanded partnership with ICICI Bank in FY26. The company highlighted that its private bank revenue mix has grown from 22% in FY25 to 25% and is targeting 30% by FY27. CMS also mentioned a recent Rs. 1,000 Crore mandate from SBI. The contract start date was May 10, 2026.
This is a significant contract win that strengthens CMS Info Systems' position in the ATM management solutions space. Winning HDFC Bank, India's largest private bank, adds major credibility and provides revenue visibility for 5 years. The growing private bank revenue mix to 25% signals business diversification away from government banks.