CMS Info Systems Ltd
CMS Info Systems Ltd Q4 FY25 Results & Concall Highlights: Revenue, Margins & Order Book
Q4 FY25 earnings call: what management guided on revenue, margins and order book.
The short version
CMS Info Systems aims for robust growth aligned with historical rates through FY ‘25 to FY ‘27. - Services revenue is expected to grow at a CAGR of 14% to 17% over the next two years. - Cash-related businesses are projected to grow at a 10% to 13% CAGR. - Managed Services and Technology Business Units target a strong growth rate of 25% to 30%. - Software business, currently 7% of revenue, is forecasted to exceed 10% by FY ‘27. - Growth drivers include expansion in retail cash logistics, remote monitoring (Vision AI), and integration of new technology solutions. - The company is gaining market share due to sector consolidation and aims to increase recurring revenue with longer-term contracts growing at over 20% CAGR. - Order book execution is picking up, with a healthy pipeline of Rs. CMS Info Systems targets robust growth from FY ’25 to FY ’27, aiming to continue its historical growth rate.
From CMS Info Systems Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- CMS Info Systems aims for robust growth aligned with historical rates through FY ‘25 to FY ‘27.
- Services revenue is expected to grow at a CAGR of 14% to 17% over the next two years.
- Cash-related businesses are projected to grow at a 10% to 13% CAGR.
- Managed Services and Technology Business Units target a strong growth rate of 25% to 30%.
- Software business, currently 7% of revenue, is forecasted to exceed 10% by FY ‘27.
- Growth drivers include expansion in retail cash logistics, remote monitoring (Vision AI), and integration of new technology solutions.
- The company is gaining market share due to sector consolidation and aims to increase recurring revenue with longer-term contracts growing at over 20% CAGR.
- Order book execution is picking up, with a healthy pipeline of Rs. 1,400 crore orders for the year.
- Retail segment expected to be a key growth driver through cash automation and secure logistics.
Profitability & Margins
See what CMS Info Systems Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- FY ‘25 CAPEX was approximately Rs. 130 crore, significantly lower than the earlier guidance of Rs. 300 crore.
- For FY ‘26, CAPEX is guided to be in the range of Rs. 300 crore to Rs. 325 crore.
- This includes around Rs. 163 crore lying in Capital Work In Progress (CWIP) as of FY ‘25.
- The company continues to ramp up tech and automation investments aligned with long-term strategy and changing business mix.
- CMS has focused on building a strong M&A pipeline, having screened hundreds of companies and shortlisted 65, aiming to scale especially through acquisitions in payments, software, valuable logistics, and banking services.
- Bullion business, currently contributing about 1% of revenues, is internally incubated and expected to scale rapidly mainly via M&A.
- Future growth will be supported by executing a robust new order book and ongoing investments in technology, automation, and consolidation efforts.
Top-ranked in Commercial Services & Supplies
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what CMS Info Systems Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Order wins in FY ‘24 amounted to approximately Rs. 1,950 crore, largely from public sector banks.
- Execution of the order book was slow initially (~15% in H1 FY ‘25) but improved to 52% by March 2025.
- Expectation to complete full execution of this order book by September 2025.
- New order wins during FY ‘25 were around Rs. 1,200 crore, with 60% from private banks.
- Order win momentum improved significantly in H2 FY ‘25 with Rs. 800 crore of wins; Q4 had Rs. 500 crore of order wins.
- Pending order book and recent Q4 wins aggregate to a healthy Rs. 1,400 crore to be executed in FY ‘26.
- The market is consolidating, favoring leading companies like CMS for market share gains moving forward.
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 Q4 FY25 results?
CMS Info Systems aims for robust growth aligned with historical rates through FY ‘25 to FY ‘27. - Services revenue is expected to grow at a CAGR of 14% to 17% over the next two years. - Cash-related businesses are projected to grow at a 10% to 13% CAGR. - Managed Services and Technology Business Units target a strong growth rate of 25% to 30%. - Software business, currently 7% of revenue, is forecasted to exceed 10% by FY ‘27. - Growth drivers include expansion in retail cash logistics, remote monitoring (Vision AI), and integration of new technology solutions. - The company is gaining market share due to sector consolidation and aims to increase recurring revenue with longer-term contracts growing at over 20% CAGR. - Order book execution is picking up, with a healthy pipeline of Rs. CMS Info Systems targets robust growth from FY ’25 to FY ’27, aiming to continue its historical growth rate.
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 ‘25 CAPEX was approximately Rs.
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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.