Financial Performance Summary
Consolidated Financial Results (Q1 FY27)
| Metric | Q1 FY27 | YoY Change | QoQ Change |
| Total Revenue | ₹635 Cr | +1.2% | +0.3% |
| Services Revenue | ₹625 Cr | +9.3% | +2.6% |
| EBITDA | ₹173 Cr | +8.9% | +6.8% |
| EBITDA Margin | 27.2% | +190 bps | +170 bps |
| PAT | ₹84 Cr | -10.6% | +5.8% |
Key Performance Highlights
- Highest-ever quarterly services revenue of ₹625 Cr, representing 9% YoY growth and 3% sequential growth
- EBITDA margin expansion of 170 basis points quarter-on-quarter to 27.2%
- New order wins of approximately ₹500 Cr during the quarter
Business Development & Order Wins
- Secured HDFC Bank integrated managed services mandate
- Won two product mandates for approximately 1,000 currency recyclers with PSU banks
- Two large PSU bank wins in Technology & Payment Solutions business for HAWKAI Enterprise and ALGO MVS solution
Management Commentary
Mr. Rajiv Kaul – Executive VC & CEO commented on the quarter's performance:
- Q1 tested the industry with the sharpest currency-supply disruption in a decade, impacting ATM transaction volumes
- Performance delivered in a seasonally weak quarter despite significant challenges
- Company absorbed significant cost inflation from steep minimum-wage increases in large states and higher fuel costs
- Current performance results from two years of investment in higher technology spends
- Achieved through pricing discipline, growth in business from private-sector banks, and a more flexible workforce model
Additional Information
- Results for quarter ending June 30, 2026 prepared under Ind AS
- Segment results available in Investor Relations section of company website www.cms.com
- Analyst conference call scheduled for Tuesday, August 11, 2026 at 2:00 pm IST
- Conference call accessible through universal access dial-in numbers: +91 22 6280 1366 | +91 22 7115 8267
Company Background
CMS Info Systems Limited is India's leading business services company operating across three business segments:
- ATM Management Solutions
- Retail Solutions & Currency Logistics
- Technology & Payment Solutions
Company serves banks, financial institutions, organized retail, and e-commerce companies across India with pan-India network spanning 97% of districts.
Technology capabilities include HAWKAI Vision AI solution and ALGO MVS ATM software.