CMS Info Systems Limited announced the results of its Board meeting held on February 12, 2026. The board approved the Unaudited Financial Results for Q3 FY26 (ending December 31, 2025). Key highlights include a 4% QoQ growth in Services Revenue and the win of a major ₹1,000 Cr contract with SBI. Furthermore, the board declared an interim dividend of ₹2.75 per share, setting the record date for February 18, 2026.
Q3 FY26 Financial Performance Snapshot (Consolidated)
CMS Info Systems Limited today released its financial results for the third quarter of the fiscal year ending December 31, 2025. The company reported strong operational highlights, underscored by services revenue achieving 4% Quarter-over-Quarter (QoQ) growth. Financially, on a consolidated basis:
- Revenue: ₹618 Cr (2% QoQ Growth).
- Business EBITDA*: ₹158 Cr (9% QoQ Growth).
- PBT before exceptional items: ₹88 Cr (which reflects an 8% QoQ decline, impacted by a one-off benefit in the previous quarter).
*Business EBITDA = Reported EBITDA + Corporate Costs.
Segmental Analysis Highlights
The performance across segments showed mixed but strong growth in key areas:
- Cash Logistics: Revenue was reported at ₹384 Cr (a slight 3% QoQ decrease), while EBIT grew by 7% QoQ to ₹63 Cr.
- Managed Services & Technology Solutions##: This segment demonstrated robust growth, with Revenue at ₹295 Cr (9% QoQ Growth) and EBIT increasing by 4% QoQ to ₹39 Cr.
The CEO, Mr. Rajiv Kaul, noted that despite volatility from wage inflation and macro events affecting margins in the last two quarters, the company has bottomed out with Q3 and is well-positioned to achieve its FY27 revenue goal of ₹2,800 Cr.
Significant Business Wins and Operational Updates
The company highlighted several material wins that underpin future growth:
- Secured a major contract with SBI worth ₹1,000 Cr over 10 years, providing ₹500 Cr in incremental revenue.
- The order book for ICICI Bank and India Post deals is now 75% live.
- The Enterprise HAWKAI solution is now live at a leading PSU bank, deploying 16 advanced AI use cases.
- A term sheet was signed for the business transfer with a Managed Services Provider, with an estimated deal value between ₹100-125 Cr.
Interim Dividend Declaration
In item 2 of the board resolution, the Directors approved the declaration of an interim dividend of ₹2.75/- per equity share (face value of ₹10, representing 27.50%). This dividend will be paid on or before March 14, 2026. Consequently, the Board fixed Wednesday, February 18, 2026, as the official “Record Date”.
Regulatory Approvals and Governance
The Board also approved seeking shareholder approval via Postal Ballot for the appointment of Ms. Vidya Krishnan (DIN: 09669166) as an Independent Director of the Company. The Board meeting commenced at 07:00 PM (IST) and concluded at 8:55 P.M. (IST).
Notes on Financial Items
A significant accounting impact noted in the financial statements relates to the implementation of new Labour Codes by the Government of India, effective from November 21, 2025. This resulted in the recognition of incremental employee benefit expenses of INR 111.07 Million, which the Company has presented as “Exceptional items” due to its non-recurring, regulatory-driven nature.
The report also confirms that Securens Systems Private Limited (SSPL), acquired for ₹441.07 Million, is now consolidated, with results included from September 11, 2025.
Source: BSE
