Date: 29th October 2026

Financial Performance Summary

Quarterly Performance (Consolidated)

  • Revenue from operations: ₹414.47 crore, up 10.0% YoY from ₹376.74 crore and up 4.9% QoQ from ₹395.03 crore
  • Profit Before Tax (PBT) after eliminating non-controlling interest: ₹175.09 crore, up 13.4% YoY from ₹154.37 crore and up 0.6% QoQ from ₹173.97 crore
  • Profit After Tax (PAT): ₹130.66 crore, up 14.7% YoY from ₹113.94 crore and up 2.8% QoQ from ₹127.10 crore
  • Non-controlling interest: (₹0.83) crore vs (₹1.01) crore YoY and (₹0.92) crore QoQ
  • Profit attributable to Owners: ₹131.49 crore, up 14.4% YoY from ₹114.94 crore and up 2.7% QoQ from ₹128.02 crore
  • PAT Margins: 30.7% vs 29.6% YoY and 31.1% QoQ
  • Basic EPS for Q2 FY27: ₹5.30 (not annualized)

Half-Yearly Performance (Consolidated)

  • Revenue: ₹809.50 crore, up 10.8% YoY
  • PBT: ₹349.05 crore, up 16.4% YoY
  • PAT: ₹259.51 crore, up 15.8% YoY
  • PAT margins: 30.9%
  • Basic EPS for H1 FY27: ₹10.46 (not annualized)

Key Metrics

  • Operating revenue grew 10.0% YoY to ₹414.47 crore
  • EBITDA increased 13.5% YoY to ₹190.86 crore
  • EBITDA margin expanded by 140 basis points YoY to 46.0%
  • PAT grew 14.4% YoY to ₹131.49 crore with PAT margin of 30.7%
  • Non-mutual fund businesses grew 21.7% YoY
  • Non-mutual fund revenue contribution increased to 15.9%, up 150 basis points YoY
  • CAMSPay crossed the 6% revenue contribution milestone for the first time

Mutual Funds Business Performance

Market Position and Growth

  • CAMS MF AuM grew 12.1% YoY to record ₹58.4 lakh crore in Q2 FY27
  • Maintains leadership position with 67% market share
  • Equity MF AuM increased 15.5% YoY to record ₹33.2 lakh crore, outperforming industry growth of 15.2%
  • Captured 70% of industry's equity net sales over last 12 months

SIP Performance

  • SIP collections grew 16.5% YoY to ₹61,369 crore in Q2 FY27, outperforming industry growth of 12.4%
  • Live SIP accounts reached 6.96 crore, up 12.9% YoY
  • Market share strengthened to 63.9% from 63.4% a year ago

Investor Base and Client Expansion

  • Unique investor base expanded 15.1% YoY to over 4.98 crore investors, surpassing industry growth of 11.1%
  • InCred Money AMC appointed CAMS as its MFRTA, expanding client roster to 32 out of 64 licensed AMCs
  • ASK Investments and Carnelian AMC successfully launched maiden funds during the quarter
  • Oaklane AMC and Neo AMC expected to go live over coming quarter

Specialized Funds

  • Specialized Investment Funds (SIFs): 12 SIFs launched with cumulative AuM exceeding ₹20,000 crore
  • Participation broadened to over 10,200 distributors and 85,000 investors
  • GIFT City retail funds: 5 funds live with AuM crossing ₹1,500 crore, two more funds planned for launch in coming quarter

Beyond Mutual Funds Business Performance

CAMSPay

  • Revenue grew 52.2% YoY and 13.1% QoQ
  • Added 21 new clients during Q2 FY27

CAMS Alternatives

  • Reported 22% YoY revenue growth
  • AuM exceeding ₹3.3 lakh crore
  • Secured 54 new mandates including 15 marquee client relationships

CAMS KRA

  • Delivered 51% Q-o-Q revenue growth
  • 5 of top 10 brokerage houses in country actively doing business

CAMSRep

  • Crossed 15 million demat policies
  • Achieved 9% Y-o-Y revenue growth in Q2 FY27
  • Commenced business with two insurance brokers through Bima Central

Account Aggregator

  • Grew 19% Y-o-Y
  • Seeing significant uplift in analytics use cases
  • New AA pricing model benefits expected from Q4 onwards

ConsenPro

  • DPDP implementation platform seeing strong adoption in BFSI segment
  • Under implementation with 20 clients

Technology and Transformation Initiatives

Platform Modernization

  • FundsNet 2.0 successfully went live
  • Complete migration of transaction origination from legacy platform targeted by Q4 FY27

AI-led Transformation

  • Six of eight extraction use cases already deployed
  • Fuelling significant employee productivity

CAMS Lens

  • Selected by NISM as AI-powered training partner for Compliance and RegTech initiatives

Data and Reporting

  • Enterprise-wide data and reporting modernization progressing as planned
  • Expected to unlock meaningful operational efficiencies beginning Q4 FY27

New Launches

  • Launched DIY portal for GIFT City retail investors enabling end-to-end onboarding, transactions and payments
  • KYCHUB, new-generation e-KYC platform launched successfully, enabling seamless customer onboarding across capital markets ecosystem

Dividend Declaration

  • Board recommended interim dividend of ₹3.25 per share

Management Commentary

Mr. Anuj Kumar, Managing Director, commented: \"Q2 FY'27 underscores the strength of CAMS's platform-led business model and the growing benefits of our diversification strategy. We delivered double-digit revenue growth, expanded EBITDA margins to 46% and achieved healthy profit growth despite a volatile operating environment.\"

He further added: \"Our core Mutual Fund franchise continues to demonstrate industry-leading scale and resilience. Equally importantly, our non-mutual fund businesses have emerged as meaningful growth engines. Our technology modernization and AI-led transformation programs are now delivering sustained benefits. We remain confident in our ability to deepen market leadership, accelerate innovation and create long-term value.\"