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CMS Info Systems Reports Record Services Revenue of ₹625 Crore in Q1 FY27; Secures ₹500 Crore in New Orders

Posted On : 2026-08-10 22:47:43( TIMEZONE : IST )

CMS Info Systems Limited (CMS), India's leading business services platform catering to the BFSI and retail sectors, announced its financial results for the first quarter ended June 30, 2026. The company posted its highest-ever quarterly services revenue alongside sequential margin expansion and major order wins across its core verticals.

Financial Performance Highlights

For Q1 FY27, CMS Info Systems recorded total consolidated revenue of ₹635 crore, representing a modest growth of 1.2% year-on-year (YoY) and 0.3% quarter-on-quarter (QoQ). Core services revenue reached a record peak of ₹625 crore, expanding by 9.3% YoY and 2.6% QoQ.

Operating profitability delivered notable sequential gains:

EBITDA: Reached ₹173 crore, reflecting an 8.9% YoY increase and a 6.8% QoQ expansion.

EBITDA Margin: Stood at 27.2%, expanding by 190 basis points YoY and 170 basis points QoQ.

Profit After Tax (PAT): Rebounded sequentially by 5.8% QoQ to ₹84 crore, though down 10.6% compared to the corresponding period last year.

Segmental Breakdown

The company's two main business divisions posted mixed performance during the quarter:

Cash Logistics: Delivered revenue of ₹403 crore (down 3% YoY, up 1% QoQ) with a segment EBIT of ₹81 crore (down 18% YoY, up 3% QoQ).

Managed Services & Technology Solutions (including Card Services): Reported strong top-line growth with revenue of ₹305 crore, rising 18% YoY and 4% QoQ. Segment EBIT stood at ₹32 crore (down 13% YoY and 24% QoQ), impacted by lower BLA transaction revenue flow-through and elevated depreciation charges.

Business Execution & Key Order Wins

CMS secured new order wins totaling approximately ₹500 crore during Q1 FY27. Key commercial highlights include:

An integrated managed services mandate awarded by HDFC Bank.

Product mandates for approximately 1,000 currency recyclers with public sector banks.

Two major PSU bank contracts within the Technology & Payment Solutions business for its proprietary HAWKAI Enterprise and ALGO MVS solutions.

Mr. Rajiv Kaul - Exec. VC & CEO commented, "Q1 tested our industry with the sharpest currency-supply disruption in a decade, impacting ATM transaction volumes. Against that, and in a seasonally weak quarter, our teams delivered our highest-ever services revenue, up 9%, with EBITDA growing 8.9% YoY and margins expanding 170 basis points sequentially; while absorbing significant cost inflation from steep minimum-wage increases in large states and higher fuel costs. This performance is the result of two years of investment in higher technology spends, pricing discipline, growth in business from privatesector banks, and a more flexible workforce model."

Shares of CMS Info Systems Limited was last trading in BSE at Rs. 279.95 as compared to the previous close of Rs. 272.95. The total number of shares traded during the day was 40115 in over 1126 trades.

The stock hit an intraday high of Rs. 287.35 and intraday low of 270.45. The net turnover during the day was Rs. 11231450.00.