CMS Info Systems Ltd
CMS Info Systems Ltd Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
FY 2027 overall revenue target is INR 2,800 to 2,900 crores. FY 2027 revenue target: INR 2,800 to 2,900 crores overall, with services revenue of INR 2,700 to 2,800 crores.
From CMS Info Systems Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- FY 2027 overall revenue target is INR 2,800 to 2,900 crores.
- Services revenue targeted at INR 2,700 to 2,800 crores for FY 2027.
- Q4 and FY 2027 expected to be strong after two quarters of underperformance.
- Retail and currency logistics business expected to grow around 12% next year.
- Technology and payments business (including Hawkai and cards) projected to grow about 20%.
- Managed services & technology revenue grew 18% quarter-on-quarter in Q3.
- ATM cash management contracts expected to ramp up aggressively, targeting 74,000 to 75,000 ATMs by March or April.
- Order book execution for FY 2027 is strong, with around INR 1,600 crore high-quality orders.
- Growth capex linked to revenue visibility in FY 2027.
- Hawkai business growing rapidly, projected to double from INR 100 crores to INR 200 crores between FY 2024 and FY 2026.
Profitability & Margins
See what CMS Info Systems Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- FY 2026 capex guidance is INR 300-325 crores; YTD capex of INR 275 crores spent, primarily growth capex linked to execution of ~INR 1,600 crores order book.
- Capex is growth-oriented, not maintenance, driving revenue visibility for FY 2027.
- Recently completed accretive acquisition of Securens for INR 70 crores.
- Signed term sheet to acquire an ATM management solutions business valued at INR 100-125 crores, expected to close by March end; this will drive market consolidation and add value.
- Active M&A pipeline with focus on accretive deals and synergistic expansion, particularly in retail and payment tech infrastructure sectors.
- Capital allocation priority: fund organic growth first, then pursue accretive M&A, finally return surplus capital to shareholders.
- Board evaluating buybacks in light of capital needs and regulatory changes; any decision expected by year-end.
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Fundraising & Capital Structure
See what CMS Info Systems Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- CMS Info Systems has won an order book worth INR 1,600 crores in FY 2026.
- The order book is a mix of integrated contracts in Managed Services and Hawkai technology, especially for large complex branch RFP rollouts.
- SBI outsourcing involves about 10,000 ATMs; CMS was awarded around 5,000 ATMs as L1 participant after a revised RFP process.
- The total contracted value opportunity from the ATM RFP pipeline in FY 2027 is around INR 2,000 crores.
- Current pipeline includes approximately 6,000 to 8,000 ATM units in various stages of procurement.
- Growth capex linked to execution of the INR 1,600 crores order book.
- Order wins in Managed Services and technology solutions contribute to revenue visibility for FY 2027.
CMS Info Systems Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹633 Cr, net profit ₹79 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What CMS Info Systems's management said in earlier quarters
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Frequently Asked Questions
What were CMS Info Systems Ltd Q3 FY26 results?
FY 2027 overall revenue target is INR 2,800 to 2,900 crores. FY 2027 revenue target: INR 2,800 to 2,900 crores overall, with services revenue of INR 2,700 to 2,800 crores.
What is CMS Info Systems Ltd share price analysis?
CMS Info Systems Ltd currently shows a neutral. The stock trades at a P/E of 14.6 with a market cap of ₹4,519 Cr. Investors should review the full earnings analysis for detailed insights.
Is CMS Info Systems Ltd planning capital expenditure?
FY 2026 capex guidance is INR 300-325 crores; YTD capex of INR 275 crores spent, primarily growth capex linked to execution of ~INR 1,600 crores order book.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.