CMS Info Systems Ltd
CMS Info Systems Q4 FY26: Revenue ₹2700 Cr
Q4 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
CMS Info Systems aims to accelerate services revenue growth to a 13-14% CAGR over the next four years, aligning with historical growth of 15% CAGR. CMS Info Systems aims to revert EBITDA margins to 25%+ for FY2027 and the longer term, indicating margin expansion expectations.
From CMS Info Systems Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- CMS Info Systems aims to accelerate services revenue growth to a 13-14% CAGR over the next four years, aligning with historical growth of 15% CAGR.
- FY2027 revenue target is Rs.2800 Crores to Rs.2900 Crores, representing 13-17% growth over FY2026.
- Services revenue goal for FY2027 is Rs.2700 Crores to Rs.2800 Crores, a 17-21% growth on FY2026.
- The company expects strong revenue momentum from large fixed fee contracts signed with top banks (SBI, ICICI, HDFC), covering 85% of FY2027 targets.
- Banks are expected to return to ATM refresh cycles in FY2027 after pausing in FY2026.
- Pipeline of RFPs for 6000 to 8000 ATMs mostly shifting from transaction fee to fixed fee pricing model.
2 more points management made on revenue & sales performance
Profitability & Margins
See what CMS Info Systems Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- FY2026 capex increased significantly to Rs.350 Crores to drive higher growth in coming years.
- Prior years capex averaged Rs.200 Crores in FY2022 and FY2023, dropped to Rs.100 Crores in FY2024 and FY2025 due to low transaction price contracts.
- The company invests capital only when clear on investment opportunity and return potential.
- Strategic investments include technology businesses expected to yield returns over 5-8 years.
- Depreciation increase linked to recent capex and acquisitions like Securens.
- CMS is shifting towards longer-term growth with more recurring revenue streams.
- Post Rs.168 Crores buyback, CMS retains sufficient liquidity for foreseeable growth and investments.
2 more points management made on capital expenditure plans
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
- CMS Info Systems Limited had an order book of approximately Rs. 2,000 Crores in FY2026.
- Around 75% of this order book has been executed, with about 25% (Rs. 400-500 Crores) pending execution.
- The execution of these orders is expected to be intense in H1 FY2027, especially due to integration of the FSS acquisition.
- New contracts, including a significant one with HDFC Bank, are going live in Q1 FY2027.
- The company anticipates delivering Rs. 650 Crores quarterly revenue run rate in Q1 FY2027, leading to a projected Rs. 2,600 Crores revenue run rate.
2 more points management made on order book & pipeline
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.
Full financials →Continue your research
What CMS Info Systems's management said in earlier quarters
Others in Commercial Services & Supplies this season
- Qualitek Labs Ltd (Q4 FY26)
Quarter (H2 FY26) Revenue:** ₹70.3 Cr, up 56% YoY from ₹45.2 Cr in H2 FY25. Key concall takeaways from Qualitek Labs Ltd's Q4 FY26 earnings call — and how it…
- IIRM Holdings India Ltd (Q4 FY26)
Q4 FY26 Revenue from Operations: ₹651.32 million, up 15.37% YoY from ₹564.6 million in Q4 FY25 (Page 8, 28). Key concall takeaways from IIRM Holdings India…
- Kapston Services Ltd (Q4 FY26)
Q4 FY26 Revenue: ₹216.47 Crores . Key concall takeaways from Kapston Services Ltd's Q4 FY26 earnings call — and how it ranks against sector peers.
- NDR INVIT Trust (Q4 FY26)
Year-on-year (YoY) revenue growth for Q4 FY26: 30% (noted on page 4) . Key concall takeaways from NDR INVIT Trust's Q4 FY26 earnings call — and how it ranks…
Frequently Asked Questions
What were CMS Info Systems Ltd Q4 FY26 results?
CMS Info Systems aims to accelerate services revenue growth to a 13-14% CAGR over the next four years, aligning with historical growth of 15% CAGR. CMS Info Systems aims to revert EBITDA margins to 25%+ for FY2027 and the longer term, indicating margin expansion expectations.
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?
FY2026 capex increased significantly to Rs.350 Crores to drive higher growth in coming years.
Keep CMS Info Systems Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.