CMS Info Systems Q2 PAT grows 10% YoY to Rs 81 crore

CMS Info Systems reported a 10.28% increase in consolidated net profit to Rs 80.89 crore on a 6.74% rise in revenue from operations to Rs 649.62 crore in Q2 FY27 over Q2 FY26.

On a quarter-on-quarter (QoQ) basis, the company reported a 3.34% decline in consolidated net profit to Rs 80.89 crore, while revenue from operations increased 2.35% to Rs 649.62 crore in Q2 FY27 over Q1 FY27.

Profit before tax in Q2 FY27 stood at Rs 103.40 crore, registering a growth of 8.16% from Rs 95.60 crore reported in the corresponding quarter last year.

Total expenses rose 6.31% year on year (YoY) to Rs 557.00 crore in Q2 FY27. Employee benefit expenses stood at Rs 97.88 crore (up 19.48% YoY), and finance costs were at Rs 6.12 crore (up 34.79% YoY) during the period under review.

EBITDA grew 24.8% YoY to Rs 173 crore. EBITDA margin improved to 26.7% in Q2 FY27 as against 22.8% in Q2 FY26, expanding 390 basis points.

On the segmental front, cash management services revenue stood at Rs 403.63 crore (up 2.24% YoY), while revenue from managed services business was Rs 297.60 crore (up 17.89% YoY) and card services revenue was at Rs 23.77 crore (up 30.45% YoY) during the quarter under review.

The company reported fourth consecutive quarter of record services revenue at Rs 644 crore in Q2 FY27, registering a growth of 16.2% YoY.

Rajiv Kaul, Executive Vice Chairman and CEO of CMS Info Systems, said, ?This is our fourth straight quarter of record services revenue, and the business mix is shifting. Four years ago, Technology & Payment Solutions did Rs 120 crore of revenue in a full year. In Q2, it achieved Rs 127 crore in revenue. This business segment has grown 4X since FY22 at a 33%+ CAGR. We won two large bank mandates in branch surveillance and ATM software, which will deliver revenue growth and returns on our investments in the HAWKAI platform. With the order book in place and deliveries scheduled on orders already won, most of our H2 revenue is contracted.?

Meanwhile, Technology & Payment Solutions contributed 20% of services revenue, trending towards an annualised run rate of Rs 500 crore based on Q2 performance. The company also highlighted that its EBITDA margin improved on the back of business mix and productivity gains.

CMS Info Systems is India's largest cash management company in terms of the number of ATM points and retail pickup points as of March 31, 2021. The company is engaged in installing, maintaining, and managing assets and technology solutions on an end-to-end outsourced basis for banks, financial institutions, and organized retail and e-commerce companies in India.

Shares of CMS Info Systems shed 0.28% to settle at Rs 214.85 on Friday, 13 November 2026.

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