Computer Age Management Services (CAMS) reported all-time high quarterly revenue in Q3 FY’26, driven by strong performance across both MF and non-MF businesses. Enterprise revenue increased by 5.5% Y-o-Y, while non-MF revenue surged by 24.3% Y-o-Y. EBITDA margins were robust at 46%. CAMS AuM crossed ₹55 lakh Crore, retaining market leadership with approximately 68% market share.
Financial Performance
CAMS achieved its highest-ever quarterly revenue in Q3 FY’26, fueled by strong performance in both the mutual fund (MF) and non-MF sectors.
- Enterprise revenue grew by 5.5% Y-o-Y (up 3.6% Q-o-Q).
- Non-MF revenue surged by 24.3% Y-o-Y (up 4.8% Q-o-Q).
- EBITDA margins stood at a robust 46%, with absolute EBITDA of ₹179 Crore.
Mutual Fund Business Highlights
The Mutual Fund business saw significant growth and milestones:
- CAMS AuM crossed ₹55 lakh Crore in December 2025, retaining market leadership with approximately 68% market share and delivering 18% Y-o-Y growth.
- Equity assets reached an all-time high of ₹30.4 lakh Crore, with market share rising to a record 66.4%, up 70 bps Y-o-Y.
- Equity net sales reached approximately ₹84,000 Crore, driving market share to 71%, a 930 bps increase Y-o-Y.
- New SIP registrations were at a healthy 1.16 crore in Q3 FY26, growing 18% Y-o-Y.
- SIP collections of CAMS-serviced funds scaled strongly, growing 20% Y-o-Y to ₹55,964 crore.
- Live SIPs expanded 8% Y-o-Y, improving market share to 65.2%.
- The unique investor base crossed 4.4 Crore during the quarter, growing 14% YoY.
- CAMS secured a new mandate from Carnelian Asset Management, taking the MF RTA client count to 29 AMCs.
- Tata Mutual Fund launched its maiden Titanium SIF NFO during the quarter, and overall SIF AuM of CAMS-serviced funds crossed ₹2,400 crore in December 2025.
Non-Mutual Fund Business
Non-MF revenue contribution increased to 14.5% in Q3 FY’26, underscoring sustained revenue diversification.
- The KRA business of NSE (NSEDAL) was successfully transferred to CAMS KRA, reinforcing its position as India’s second-largest KRA with a 2.15 Crore+ unique user base.
- CAMSPay posted strong momentum with 59% Y-o-Y revenue growth.
- CAMS Alternatives reported its highest-ever quarterly revenue, registering a robust 16% Y-o-Y growth, with AuM exceeding ₹3 Lakh Crore.
- CAMS Rep revenue grew 15% Y-o-Y.
Source: BSE
