Provides cash management, ATM managed services, and card services to India's banking sector. Cash Management services, the largest segment at Rs. 1,596.518 crore of FY26 revenue, handles physical cash logistics for banks. Managed Services, the second segment at Rs. 1,035.594 crore, offers end-to-end ATM management — the operator moved from #5 to #3 in this market and gained 200 basis points in cash logistics share. Card Services contributed Rs. 81.47 crore. A separate technology and payments arm, including the Hawkai Vision AI platform, reached Rs. 200 crore with 50,000 monitored sites live. Costs are dominated by other operating expenses at 52.7% of revenue, with employees at 15% and depreciation at 8.3%; capex is 16.5% of revenue. An Rs. 2,000 crore order book covers 85% of the FY27 revenue target, secured through marquee wins at SBI, ICICI, and HDFC. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Cash Management services, Managed Services, Card Services. Asset-heavy services business with capex at 16.5% of revenue; exposure to bank outsourcing cycles
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,590 | 1,915 | 2,265 | 2,425 | 2,487 |
| EBITDA (ex other income) | 400 | 538 | 599 | 627 | 587 |
| margin % | 25.1 | 28.1 | 26.5 | 25.9 | 23.6 |
| Owners' profit | 0 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 15.07 | 19.31 | 22.22 | 22.79 | 18.45 |
| ROE % · ROCE % | 17.8 · 22.2 | 19.0 · 24.2 | 17.8 · 22.9 | 16.4 · 21.2 | 12.5 · 16.2 |
| Debt / equity (x) | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 |
| Cash from operations | 257 | 407 | 440 | 483 | 390 |
| Capex | (284) | (193) | (108) | (154) | (409) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 625 | 581 | 619 | 627 | 609 | 618 | 633 | 635 |
| Profit before tax | 123 | 125 | 129 | 126 | 96 | 77 | 107 | 105 |
| Net profit | 91 | 93 | 98 | 94 | 73 | 57 | 79 | 84 |
| EPS (₹) | 5.58 | 5.68 | 5.94 | 5.69 | 4.46 | 3.49 | 4.81 | 5.10 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Cash Management services | 817 | 30.1 |
| Managed Services | 539 | 19.9 |
| Card Services | 49 | 1.8 |
| Cash Management Services | 384 | 14.2 |
| CASH MANAGEMENT SERVICES | 395 | 14.5 |
| MANAGED SERVICES | 252 | 9.3 |
| CARD SERVICES | 18 | 0.7 |
| Managed services | 244 | 9.0 |
| Card services | 14 | 0.5 |
| Total, before eliminations | 2,714 | 100.0 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 29 Aug 2026 · Newspaper ad confirming dispatch of 19th AGM notice and Annual Report | compliance | minimal | — | — |
| 27 Aug 2026 · CMS Info Systems files BRSR for FY 2025-26 with no fines or breaches | compliance | low | — | — |
| 27 Aug 2026 · AGM on Sep 21; final dividend Rs 2.50, cut-off Sep 14 | corporate actions | high | — | — |
| 27 Aug 2026 · CMS Info Systems files FY26 Annual Report; AGM on Sep 21, 2026 | compliance | low | — | — |
| 27 Aug 2026 · CMS Info Systems 19th AGM notice for September 21, 2026 | board shareholder meetings | low | — | — |
| 27 Aug 2026 · 19th AGM notice on Sept 21, 2026; final dividend of Rs 2.50 per share | board shareholder meetings | low | — | — |
| 26 Aug 2026 · CMS Info Systems to participate in Elara India Dialogue 2026 investor conference | board shareholder meetings | low | — | — |
| 25 Aug 2026 · Newspaper publication of 19th AGM notice with dividend details | compliance | minimal | — | — |
| 13 Aug 2026 · CMS Info Systems Q1 FY27: revenue miss on cash squeeze, margins raised | investor communications | medium | — | — |
| 13 Aug 2026 · CMS Info Q1 FY27: Margin up to 27.2%, revenue hit by cash supply squeeze | investor communications | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| INTL GEMOLOGICAL INST LTD | 13,611 | 22.3 | 9.15 | 13.1 | 47.8 | 58.1 | — | 64.6 |
| WEWORK INDIA MANAGEMENT L | 9,297 | 106.7 | 31.07 | 5.9 | 25.0 | 1.0 | — | 66.5 |
| NESCO LTD. | 7,728 | 18.6 | 2.58 | 13.1 | 13.8 | 14.8 | 26.2 | 68.9 |
| INOX GREEN ENERGY SER LTD | 7,175 | 57.5 | 4.18 | 42.6 | 6.0 | 9.0 | — | 131.6 |
| SMARTWORKS COWORKING SP L | 6,079 | 218.0 | 11.45 | 5.1 | 2.0 | 0.3 | — | 65.8 |
| NIRLON LTD | 5,526 | 16.0 | 11.79 | — | 73.8 | 18.1 | — | 79.4 |
| QUESS CORP LIMITED | 5,174 | 20.4 | 4.43 | 15.6 | 19.0 | 14.4 | 7.1 | 2.6 |
| INDIQUBE SPACES LIMITED | 4,272 | — | 8.30 | — | (20.7) | (2.5) | — | 67.3 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 12.6 | 14.3 | 41 of 89 | 55% |
| P/B | 1.5 | 1.5 | 45 of 92 | 52% |
| ROCE | 15.4 | 3.2 | 16 of 105 | 86% |
| ROE | 12.5 | 3.1 | 30 of 116 | 75% |
| Debt / Equity | 0.0 | 0.0 | 3 of 116 | 60% |
| EBITDA margin | 29.0 | 25.4 | 43 of 92 | 54% |
| Revenue growth | 1.2 | 16.2 | 63 of 91 | 31% |
| Profit growth | (10.6) | 5.2 | 67 of 110 | 39% |
| Market cap | 3600 | 56 | 10 of 104 | 91% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
