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CMS Info Systems Completes 100% Acquisition of Securens Systems
CMS Info Systems has successfully completed the acquisition of the remaining stake in Securens Systems Private Limited, making it a 100% wholly-owned subsidiary. The final transaction involved acquiring 25,639 CCPS at a price of ₹158.41 per share via an all-cash consideration. Securens, an AIoT-based remote monitoring specialist, reported a turnover of ₹765.5 million for FY25. This strategic move is expected to double the scale of CMS's Vision AI business (HAWKAI) compared to its nearest competitor, enhancing its market leadership in the BFSI and retail sectors.
Key Highlights
Acquired 100% shareholding in Securens Systems on a fully diluted basis
Final tranche of 25,639 CCPS acquired at ₹158.41 per share
Securens reported FY25 revenue of ₹765.5 million with deep expertise in intelligent surveillance
Acquisition doubles the scale of CMS's 'HAWKAI' Vision AI business versus its closest competitor
The transaction was an all-cash deal and executed on an arm's length basis
💼 Action for Investors
Investors should view this as a positive step in CMS's diversification into high-margin technology services. Monitor the integration progress and its impact on the company's non-ATM service revenue growth in future quarters.
CMS Info Q3 FY26: Strong Order Book of ₹1,600Cr+ and FY27 Revenue Guidance of ₹2,800-2,900Cr
CMS Info reported Q3 FY26 revenue of ₹618 crore, showing a 1.6% sequential growth with Managed Services & Tech growing 18% QoQ. The company has secured a massive ₹1,000 crore SBI contract and total order wins exceeding ₹1,600 crore in FY26 YTD. Management has provided a robust FY27 revenue guidance of ₹2,800-2,900 crore with expected EBITDA margins improving to the 25-26% range. Additionally, inorganic growth is on track with a pending ₹100-125 crore acquisition of an ATM management business expected to close by March 2026.
Key Highlights
Total order wins of ₹1,600 Cr+ in FY26 YTD, including a ₹1,000 Cr 10-year SBI contract (₹500 Cr incremental).
FY27 revenue guidance set at ₹2,800-2,900 Cr with target EBITDA margins of 25-26%.
Managed Services & Tech revenue grew 18% QoQ to ₹254 Cr; Hawkai business on track to double to ₹200 Cr.
Signed term sheet for an ATM management business acquisition valued at ₹100-125 Cr to drive consolidation.
Q3 PAT of ₹54.4 Cr was impacted by a ₹11.1 Cr one-time provision for the new labor code.
💼 Action for Investors
Investors should focus on the strong execution of the ₹1,600 crore order book and the shift towards higher-margin tech services which underpins the positive FY27 outlook. The stock remains a play on the recovery of retail consumption and consolidation in the ATM management space.
CMS Info Q3 FY26: Revenue Up 6% YoY to ₹618 Cr; Signs ₹1,000 Cr SBI Contract
CMS Info Systems reported a 6% YoY revenue growth to ₹618 Cr in Q3 FY26, supported by a 41% YoY surge in Managed Services & Tech Solutions. Despite revenue growth, PBT before exceptional items declined 30% YoY to ₹88 Cr, and PAT margins contracted to 9.3% from 16% a year ago. The company secured a massive ₹1,000 Cr 10-year contract with SBI and is in the process of acquiring an ATM/Managed Services business for ₹100-125 Cr. Management has set an ambitious FY30 revenue target of ₹4,500-4,750 Cr, aiming for a 'Rule of 35' (Revenue Growth + EBITDA Margin).
Key Highlights
Revenue grew 6% YoY to ₹618 Cr, with Services revenue reaching ₹577 Cr (up 4% QoQ).
Signed a landmark ₹1,000 Cr 10-year contract with SBI; incremental revenue of ₹500 Cr to start in Q4.
Managed Services & Tech Solutions revenue jumped 41% YoY, while Cash Logistics revenue dipped 5% YoY.
Signed Term Sheet for a business transfer acquisition valued at ₹100-125 Cr, targeting closure by March 2026.
Business EBITDA margin improved 160 bps QoQ to 25.5%, though overall PAT fell 38% YoY to ₹57.4 Cr.
💼 Action for Investors
Investors should weigh the strong order book and aggressive FY30 growth targets against the current pressure on net margins and YoY profit decline. Monitor the execution of the SBI contract and the integration of the new acquisition as key catalysts for margin recovery.
CMS Info Q3 FY26: Revenue at ₹618 Cr, Wins ₹1,000 Cr SBI Order & Declares ₹2.75 Dividend
CMS Info Systems reported a consolidated revenue of ₹618 Cr for Q3 FY26, showing a 2% QoQ growth despite macro headwinds. The company secured a massive ₹1,000 Cr contract from SBI for 10 years and signed a term sheet for a ₹100-125 Cr business transfer. While PBT fell 8% QoQ to ₹88 Cr due to a ₹11 Cr wage code impact and high base effect, Managed Services revenue grew strongly by 9%. Management remains confident in reaching a ₹2,800 Cr revenue target by FY27, backed by a robust order book.
Key Highlights
Secured a major ₹1,000 Cr contract from SBI over 10 years, adding ₹500 Cr in incremental revenue.
Managed Services & Technology Solutions revenue grew 9% QoQ to ₹295 Cr, offsetting a 3% dip in Cash Logistics.
Declared an interim dividend of ₹2.75 per share for the quarter.
Signed a term sheet for a business transfer with a Managed Services Provider valued at ₹100-125 Cr.
Business EBITDA grew 9% QoQ to ₹158 Cr, despite a one-time wage code impact of ₹11 Cr.
💼 Action for Investors
Investors should focus on the company's successful pivot toward Managed Services and its strong order book, which provides high revenue visibility. The massive SBI win and the FY27 revenue guidance of ₹2,800 Cr suggest that the current margin pressures are temporary and the long-term growth trajectory remains intact.
CMS Info Q3 Revenue Up 2% QoQ; Declares ₹2.75 Interim Dividend & Wins ₹1,000 Cr SBI Order
CMS Info Systems reported a consolidated revenue of ₹618 Cr for Q3 FY26, representing a 2% QoQ growth. The company declared an interim dividend of ₹2.75 per share, with the record date set for February 18, 2026. A major highlight is the ₹1,000 Cr order win from SBI, which is expected to provide ₹500 Cr in incremental revenue over the next decade. Despite an 8% QoQ dip in PBT due to wage code impacts and one-time investments, management maintains a strong outlook with a revenue target of ₹2,800 Cr by FY27.
Key Highlights
Declared interim dividend of ₹2.75 per equity share (27.5% of face value) with Record Date of Feb 18, 2026.
Secured a massive ₹1,000 Cr contract from SBI for 10 years, expected to add ₹500 Cr in incremental revenue.
Consolidated Revenue for Q3 FY26 stood at ₹618 Cr, while Business EBITDA grew 9% QoQ to ₹158 Cr.
Managed Services & Technology Solutions segment revenue grew 9% QoQ to ₹295 Cr.
Signed a term sheet for a business transfer with a Managed Services Provider for an estimated ₹100-125 Cr.
💼 Action for Investors
Investors should focus on the significant SBI order win and the company's expansion into Managed Services as long-term growth drivers. The interim dividend provides immediate yield, while the FY27 revenue guidance of ₹2,800 Cr suggests management's confidence in overcoming current margin pressures.
CMS Info Declares ‣2.75 Interim Dividend; Wins ‣1,000 Cr SBI Contract
CMS Info Systems has declared an interim dividend of ‣2.75 per share with a record date of February 18, 2026. The company reported Q3 FY26 revenue of ‣618 crore, up 2% QoQ, while Business EBITDA grew 9% to ‣158 crore. A major highlight is the ‣1,000 crore 10-year contract win from SBI, providing significant long-term revenue visibility. Despite a one-time ‣11 crore wage code impact, management maintains a confident FY27 revenue target of ‣2,800 crore.
Key Highlights
Interim dividend of ‣2.75 per equity share (27.5%) declared with payment by March 14, 2026.
Secured a massive 10-year contract with SBI worth ‣1,000 crore, contributing ‣500 crore in incremental revenue.
Q3 FY26 Business EBITDA rose 9% QoQ to ‣158 crore, despite a volatile macro environment.
Signed a term sheet for a business transfer with a Managed Services Provider for ‣100-125 crore.
PBT of ‣88 crore was impacted by a one-time wage code adjustment of ‣11 crore.
💼 Action for Investors
Investors should focus on the substantial SBI order win and the company's expansion into managed services, which provide strong revenue visibility through FY27. The dividend payout offers an immediate yield benefit while the company navigates short-term wage inflation pressures.
CMS Info Q3 Revenue at ₹618 Cr; Declares ₹2.75 Dividend & Wins ₹1,000 Cr SBI Order
CMS Info Systems reported a steady Q3 FY26 with consolidated revenue of ₹618 crore, reflecting a 2% sequential growth. The company declared an interim dividend of ₹2.75 per share and secured a massive ₹1,000 crore contract from SBI spanning 10 years. While PBT saw a sequential decline of 8% due to a one-time wage code impact of ₹11 crore and high base effects from Q2, the Managed Services segment showed robust growth of 9% QoQ. Management remains optimistic about hitting a ₹2,800 crore revenue target by FY27, suggesting the business has bottomed out.
Key Highlights
Consolidated Revenue grew 2% QoQ to ₹618 crore, while Business EBITDA rose 9% to ₹158 crore.
Declared an interim dividend of ₹2.75 per share with a record date of February 18, 2026.
Secured a major ₹1,000 crore contract from SBI for 10 years, expected to add ₹500 crore in incremental revenue.
Signed a term sheet for a business transfer with a Managed Services Provider for an estimated ₹100-125 crore.
Managed Services & Technology Solutions segment revenue grew 9% QoQ to ₹295 crore.
💼 Action for Investors
Investors should focus on the significant SBI order win and the recovery in the Managed Services segment as long-term growth drivers. The company's clear FY27 revenue guidance of ₹2,800 crore and consistent dividend payouts make it a strong watch for value-oriented portfolios.
CMS Report: India's Cash Usage Resilient with ₹1.21 Cr Avg ATM Dispense in CY'25
CMS Info Systems' CY'25 Consumption Report highlights the structural resilience of cash in India, with average ATM withdrawals rising 4.5% to ₹5,835. Semi-urban and rural (SURU) areas are driving growth, recording higher average ATM cash withdrawals (₹1.30 Cr) than metros (₹1.18 Cr). The report notes a 32% growth in Insurance and 22% in Organised Retail spending, while E-commerce cash spends dropped 20%. This data reinforces the stability of CMSINFO's core cash logistics business despite the rise of digital payments.
Key Highlights
Average cash dispensed per ATM reached ₹1.21 Cr in CY'25, with a festive peak of ₹1.30 Cr in November.
ATM withdrawal ticket size grew 4.5% YoY to ₹5,835; SURU regions outperformed metros in cash demand.
Insurance sector spending grew by 32%, while Organised Retail Chains saw a 22% increase.
E-commerce and Media & Entertainment cash-based spending declined by 20% and 15% respectively.
💼 Action for Investors
The resilience of cash usage in rural India and growth in organized retail support the long-term outlook for CMSINFO's cash logistics and managed services. Investors should monitor the company's ability to capture the broadening consumption demand beyond metros.
CMS Info Systems Wins ₹1,000 Cr 10-Year SBI Contract for 5,000 ATMs
CMS Info Systems has secured a landmark ₹1,000 crore contract from State Bank of India (SBI) for integrated cash solutions over a 10-year period. The contract involves managing approximately 5,000 bank-owned ATMs and is expected to contribute ₹500 crore in incremental revenue growth. This deal represents the first major direct cash outsourcing contract from a PSU bank, reinforcing CMS's market leadership. The project utilizes CMS's proprietary technology, including ALGO MVS™ and HAWKAI™ AI solutions, to improve ATM uptime and cash efficiency.
Key Highlights
₹1,000 crore contract win from State Bank of India for a 10-year duration
Covers integrated cash solutions and managed services for approximately 5,000 ATMs
Expected to generate incremental revenue growth of ₹500 crore
First direct large-scale PSU bank cash outsourcing contract of its kind
Leverages proprietary ALGO MVS™ and HAWKAI™ AI technology solutions
💼 Action for Investors
This contract provides significant long-term revenue visibility and strengthens CMS's competitive moat in the banking services sector. Investors should maintain a positive outlook given the scale of the win and the shift towards integrated outsourcing models.
CMS Info Systems Appoints Former SBI DMD Vidya Krishnan as Independent Director
CMS Info Systems has appointed Ms. Vidya Krishnan as an Independent Director for a three-year term effective January 2, 2026. Ms. Krishnan brings nearly 40 years of experience from the State Bank of India (SBI) Group, where she most recently served as Deputy Managing Director (Information Technology). Her expertise in leading large-scale digital transformations, including SBI's YONO platform and UPI ecosystem, is expected to bolster CMS's technology-driven service offerings. The appointment is subject to shareholder approval and follows a No-Objection Certificate from her previous employer.
Key Highlights
Ms. Vidya Krishnan appointed as Independent Director for a 3-year term starting January 2, 2026
Brings nearly 40 years of experience from SBI Group, including leadership of the Global IT Centre
Played a pivotal role in developing SBI's YONO digital platform and UPI ecosystem
Expertise includes enterprise technology, AI in financial services, and operational resilience
Appointment is subject to shareholder approval within the stipulated period
💼 Action for Investors
Investors should view this as a positive governance and strategic move that adds significant banking technology expertise to the board. No immediate action is required, but this strengthens the company's long-term digital strategy.
CMS Info Systems Appoints Former SBI DMD Vidya Krishnan as Independent Director Designate
CMS Info Systems has announced the retirement of Ms. Sayali Karanjkar as an Independent Director effective December 31, 2025, following the completion of her second term. To fill the vacancy, the board has approved the appointment of Ms. Vidya Krishnan as an Independent Director Designate. Ms. Krishnan brings nearly 40 years of experience from the State Bank of India (SBI), where she most recently served as Deputy Managing Director of Information Technology. Her deep expertise in digital transformation and large-scale banking platforms like YONO is expected to bolster the company's technology-driven growth strategy.
Key Highlights
Ms. Sayali Karanjkar retires on December 31, 2025, after completing two full terms as Independent Director.
Ms. Vidya Krishnan, former Deputy MD (IT) of SBI, approved as Independent Director Designate.
Ms. Krishnan brings nearly 40 years of experience in enterprise technology and mission-critical IT systems.
The appointment is contingent upon receiving a No Objection Certificate (NOC) from the State Bank of India.
Ms. Krishnan previously led SBI's Global IT Centre and the development of the YONO digital banking platform.
💼 Action for Investors
Investors should view this as a positive governance move that adds significant banking technology expertise to the board. No immediate action is required as this is a routine yet strategic board refreshment.