CMS Info Systems Ltd

- There is no explicit mention of any current or planned fundraising through debt or equity in the provided transcript. - The focus is on bidding for RFPs and growing the business organically with capex guidance of around INR 300 crores for FY'25. - The company mentioned incremental growth and acquisitions as possibilities but will disclose any material developments when close to them. - No firm plans or timelines for equity or debt fundraising were shared in the Q&A. - The company reiterated commitment to steady growth and execution of new business wins rather than financial restructuring or capital raise.

- The company has guided a capex of approximately INR 300 crores for the current year (FY'25), up from INR 100 crores in FY'24. - This capex is largely growth-oriented, primarily targeted at executing new business wins, including technology wins and infrastructure expansions. - The significant infrastructure revamp had been front-loaded over the last three years, so future capex will be more linked to new contracts rather than maintenance. - A smaller portion of the capex will be allocated to maintenance and technology investments. - No exact detailed split is provided between infrastructure such as vans, ATM side, incubation businesses, or R&D. - The company is incubating new businesses like retail loan collection services and bullion logistics, possibly indicating strategic investments in these areas. - Management will update about new business wins and associated investments at the end of the fiscal year.

- CMS Info System targets FY'25 revenue of INR 2,600-2,700 crores, implying 15%-19% growth; Q1 growth at 17% aligns well. - Company aims for steady double-digit growth; historically averaged around 17%-18% revenue growth from FY'21 to FY'25. - New business lines, including AIoT and retail loan collection services, expected to contribute to growth. - Growth in Managed Services and Technology Solutions outpaces Cash Logistics, contributing around 40% of revenue. - Order book of ~INR 2,000 crores will start reflecting in revenue predominantly in H2 FY'25. - Business expects incremental addition of 1,000-2,000 ATMs in BLA segment, capped at 15% of overall revenue. - New retail cash management points increased by 3,000 in Q1; total points ~140,000, reflecting strong expansion potential. - Growth is organic; no acquisition factored into near-term projections.

- CMS Info Systems targets a revenue growth of 15%-19% for FY'25, with Q1 already achieving 17% growth. - The company guided a steady double-digit growth rate of around 17%-18% from FY'21 to FY'25. - No explicit PAT margin guidance has been given, but PAT margins are currently world-class (around 16.4% in Q1 FY'25). - EBIT for Managed Services and Technology Solutions businesses grew 20% year-on-year in Q1 FY'25. - Growth is expected to come mainly from Managed Services, Technology Solutions, and new business wins including AIoT and retail cash management. - Capex of INR 300 crores planned mainly for executing new wins and technology investments to drive growth. - CMS maintains a cautious outlook on sustained high growth, aiming for steady organic growth and selective acquisitive opportunities. - Future earnings guidance for FY'27 will be provided by end of FY'25, contingent on market conditions and project executions.

- The current order book, including Q1 FY'25 orders, is roughly INR 2,000 crores. - These orders, primarily technology-oriented projects, are in various stages of testing, approval, piloting, and implementation. - Majority of the order book won in FY'24 is expected to go live in the next two quarters of FY'25. - Revenue growth is anticipated as these projects get executed, with significant improvements expected after the successful go-live of these orders. - New RFPs, especially in ATM outsourcing (around 20,000 ATMs), are expected to launch and conclude within the year, with CMS Info planning to bid for relevant opportunities. - The company will provide updates on RFP outcomes by the end of the year.