NSE: CMSINFO · BSE: 543441 · ISIN INE925R01014
CMS Info Systems Limited stock analysis
CMS Info Systems Limited ranks #1936 in the TickerSutra evidence-ranked universe with a score of 50/100 and 93% data confidence. The latest captured fundamentals show ROCE of 17.9%, quarterly sales growth of 1.2% and quarterly profit growth of -10.6%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Promoter holding is below 25%
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹1,590cr | ₹400cr | ₹224cr | 25.0% |
| 2023 | ₹1,915cr | ₹538cr | ₹297cr | 28.0% |
| 2024 | ₹2,265cr | ₹599cr | ₹347cr | 26.0% |
| 2025 | ₹2,425cr | ₹627cr | ₹372cr | 26.0% |
| 2026 | ₹2,487cr | ₹596cr | ₹303cr | 24.0% |
| TTM | ₹2,494cr | ₹607cr | ₹293cr | 24.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Intimation of Appointment of Mr. William Poole VIII (DIN: 03533109) as an Independent Director of the Company as approved by the members of the Company at their 19th Annual General Meeting.
RoutineShareholders meetingNSE · 22 Sept 2026Please find enclosed herewith the Voting Results along with consolidated Scrutinizer Report for 19th Annual General Meeting of the Company held today i.e. Monday, September 21, 2026, at 3:30 P.M. (IST)
RoutineCMS Info Systems Ltd - 543441 - Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportBSE · 22 Sept 2026Please find enclosed herewith the Voting Results along with consolidated Scrutinizer Report for 19th Annual General Meeting of the Company held today i.e. Monday, September 21, 2026, at ....
RoutineShareholders meetingNSE · 22 Sept 2026Please find enclosed herewith proceedings of 19th Annual General Meeting of the Company held today i.e. Monday, September 21, 2026, at 3:30 P.M. (IST)
RoutineCMS Info Systems Ltd - 543441 - Shareholder Meeting / Postal Ballot-Outcome of AGMBSE · 22 Sept 2026Please find enclosed herewith proceedings of 19th Annual General Meeting of the Company held today i.e. Monday, September 21, 2026, at 3:30 P.M. (IST)
MANAGEMENT COMMENTARY
Signals from filed documents
The total revenue, including product revenue, is estimated accordingly at INR2,750 crores to INR2,850 crores. Against this, we are raising our EBITDA margin guidance to about 27% from the 25% to 26% we had guided in May. So in summary, we have trimmed the revenue number affected by an external supply issue, but we have raised the guidance on a metric which reflects the quality of the business.
Macro variables such as fuel, wage inflation, geopolitical volatility could shift the trajectory. On profitability, the mix shift toward fixed‑fee contracts and T&PS revenue, combined with operating leverage on a larger revenue base, will continue to rebuild profitability through FY27. The buyback we are pursuing will reduce share count and put balance‑ sheet cash currently earning interest income to work.
Cities saw demand stay strong as incomes rose and online shopping grew. Villages, which had weak demand through most of FY25, began recovering with help from a good monsoon season, government welfare programs, and better farm prices. Government spending on infrastructure stayed high through programs like PM Gati.
On the cost side, this year has seen very steep increases in state-level minimum wages, ranging from 6% to as much as 60% in certain key large states. Now this will all necessitate a larger price increase than average. With private sector banks and our retail customers, the discussions are progressing well.
In the past, we've looked at companies which have licenses, including a PA license, but it's not somet hing which has attracted our focus and attention right now. I think the market leadership there is clearly established and not a space we think competitively makes sense. Moderator: We have our next question from the line of Khush Shah from Vivro Financial Services.
We see significant potential in quick commerce, EV charging infrastructure, organized retail and other high‑growth sectors, where remote monitoring can deliver both security and business intelligence. Vision AI Solution - HAWKAI™ LIVE sites 50,000 ATM Software - ALGO ATMs powered 68,000 Payment Cards Cards processed annually 10+ Mn Drivers ~2000 Cr TAM in BFSI (bank branch automation opportunity) Non‑BFSI segment acc
It has gone up from 70% closer to 80%, 85% now. In conversation with multiple industry stakeholders, banking association and what our association has also engaged with the regulator, and we'll also be able to see this in the public data of what they show as currency in circulation, you'll be seeing that those levels are improving, which means there is fresh infusion of currency coming in. I think this is just a situa
Vishnu Jerome (DIN: 05325285) and Mrs. Vidya Krishnan (DIN: 09669166), were appointed as Independent Directors of the Company for a term of three (3) years from April 4, 2025 and January 2, 2026 respectively, which were subsequently approved by the Shareholders of the Company by passing Special Resolutions through Postal Ballot. Sayali Karanjkar (DIN:07312305) retired from their position as Independent Directors of t
The business was profitable, growing and deeply embedded in India’s banking infrastructure. But we recognized early that cash logistics alone, while essential, would eventually face pricing pressure and margin compression as the industry matured. The next phase, from FY16 to FY21, was about expanding into adjacencies.
One, the automation and the technology investment for route and process automation -- which has structurally lowered our unit costs, pricing focus and yield management, and increasing share of the higher -margin Tech and Payments revenue growth in this space. We are maintaining our increased spend on tech at 1.5% of revenue, so this margin expansion comes after fully carrying that investment. At an EBIT level, Manage
And also, if we were to look at capex since historically, we've talked about capex as a block of 2 to 3 years. So what's the capex plan for, let's say, the FY27 to '29 block? And how much of this is estimated to be, say, towards growth?
So I think there's a world of opportunity for that. We just need to pick and choose where we are the best positioned, where we have the video libraries, which have been created, which have a high degree of accuracy and where we are confident on backing ourselves. What was the currency handle this quarter and the corresponding quarter of the June last year?
MANAGEMENT PROMISE LEDGER
Quantified statements on the clock
“The total revenue, including product revenue, is estimated accordingly at INR2,750 crores to INR2,850 crores. Against this, we are raising our EBITDA margin guidance to about 27% from the 25% to 26% we had guided in May. So in summary, we have trimmed the revenue number affected by an external supply issue, but we have raised the guidance on a metric which reflects the quality of the business.”
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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