CMS Info Systems Limited announced its financial results for the first quarter of FY27, reporting its highest-ever quarterly services revenue of ₹625 crore, marking a 9% year-on-year increase. The company also secured new order wins totaling approximately ₹500 crore. Profit After Tax (PAT) saw a 5.8% quarter-on-quarter growth, and the EBITDA margin expanded by 170 basis points to 27.2%.
CMS Info Systems Reports Strong Q1 FY27 Performance
CMS Info Systems Limited, a leading business services platform, has announced robust financial results for the first quarter of the financial year 2027 (Q1 FY27), ending June 30, 2026. The company achieved its highest-ever quarterly services revenue, reaching ₹625 crore, which represents a significant 9% increase year-on-year and a 3% rise quarter-on-quarter.
Key Financial Highlights
The consolidated financial performance for the quarter showcases strong operational efficiency and growth. Total revenue stood at ₹635 crore, up 0.3% compared to the previous quarter. EBITDA saw an 8.9% year-on-year growth to ₹173 crore, with the EBITDA margin expanding to 27.2%, a 170 basis points improvement sequentially.
Profit After Tax (PAT) for the quarter was reported at ₹84 crore, reflecting a 5.8% increase from the previous quarter, despite a 10.6% year-on-year decline. The company’s financial results were prepared under Indian Accounting Standards (Ind AS) and reviewed by statutory auditors.
Significant New Order Wins
CMS Info Systems also highlighted substantial new business wins, securing orders worth approximately ₹500 crore. These wins include a significant integrated managed services mandate from HDFC Bank and two product mandates for currency recyclers from public sector banks. Additionally, the company secured two large wins in Technology & Payment Solutions from PSU banks for its HAWKAI Enterprise and ALGO MVS solutions.
Segmental Performance
The segmental analysis reveals varied performance across business verticals. Cash Logistics revenue was ₹403 crore, with a 1% quarter-on-quarter increase, while EBIT stood at ₹81 crore. Managed Services & Technology Solutions revenue reached ₹305 crore, showing an 18% year-on-year growth, with EBIT at ₹32 crore.
CEO Commentary
Mr. Rajiv Kaul, Executive Vice Chairman & CEO, commented on the performance, stating, “Q1 tested our industry with the sharpest currency-supply disruption in a decade, impacting ATM transaction volumes. Against that, and in a seasonally weak quarter, our teams delivered our highest-ever services revenue, up 9%, with EBITDA growing 8.9% YoY and margins expanding 170 basis points sequentially; while absorbing significant cost inflation from steep minimum-wage increases in large states and higher fuel costs. This performance is the result of two years of investment in higher technology spends, pricing discipline, growth in business from private-sector banks, and a more flexible workforce model.”
Future Outlook
The company has also announced an analyst conference call scheduled for Tuesday, August 11, 2026, at 2:00 PM IST to discuss the Q1 FY27 financial results and company performance in detail. The financial results, along with segment results, are available on the company’s website.
Source: BSE
