Q1 FY27 Earnings Conference Call

Computer Age Management Services Limited

  • Event Type: Q1 FY27 earnings conference call held on August 04, 2026.
  • Management Participants: Mr. Anuj Kumar (MD and CEO), Mr. Ram Charan (CFO), Mr. Anish Sawlani (Head, Investor Relations). Moderated by Mr. Nikunj Seth from MUFG Intime.
  • Financial Performance:
  • EBITDA grew 18% YoY to INR183 crores (highest ever)
  • PAT grew 17% YoY
  • Operating revenue grew 11.5% YoY to INR395 crores
  • EBITDA margin expanded 270 basis points to 46.4% from 43.7% YoY
  • Business Segment Performance:
  • MF revenue grew under 10% YoY
  • Asset-based revenue grew about 11% YoY
  • Non-MF businesses grew collectively over 28% YoY
  • Pay business grew nearly 70% YoY (driven by cards)
  • Alternatives grew mid-20s YoY with AUM crossing INR3.2 lakh crores
  • KRA revenue declined due to 29-30% rate revision effective April 1
  • AUM and Market Position:
  • MF AUM grew under 15% YoY to about INR56 lakh crores
  • Market share stayed at 67.2%
  • Equity AUM grew 16% YoY (ahead of industry)
  • Equity net sales grew ahead of industry
  • Live SIP counts grew ahead of industry
  • Growth Initiatives:
  • 6 AMCs taken live last year, 1 live this year (AlphaGrep)
  • 3 large installations expected by December (Carnelian, ASK, Neo, Oaklane)
  • GIFT City: In-principle approval for KRA operation, applying for payment service provider license
  • SIF segment: 11 unique SIFs launched, accumulated ~INR12,000 crores, ~50,000 investors
  • ConsentPro: First signed contracts shortly, working with 7-8 clients
  • Automation & AI:
  • 10% of gross payload converted to AI-based acceptance
  • Target to scale to 100% acceptance at maker level in next 12 months
  • Enterprise headcount down 200 QoQ, 85 YoY to ~8,300
  • Expected 4-5% headcount reduction in FY27
  • FY27 Guidance:
  • 13% overall revenue growth
  • 16% EBITDA growth
  • Non-MF revenue growth expected at 20%+ (could reach 22-23%)
  • MF revenue growth expected at least 12%
  • Employee cost growth target of ~5% YoY
  • Overall cost increase target of less than 10% YoY
  • Capital Management:
  • Cash balance of INR980 crores
  • Board declared INR2.5 interim dividend for Q1
  • Platform Development:
  • Re-architecture project total cost: INR500 crores (INR123 crores spent so far)
  • INR290 crores expected to be capitalized
  • Transaction acceptance part expected to be complete by end of FY27

Additional Notes Section

  • The conference call contained forward-looking statements with appropriate disclaimers as published in the investor presentation.
  • The call included detailed financial highlights and strategic updates as part of the earnings discussion.