CMS Info Systems has announced its financial results for the first quarter of FY27, ending June 30, 2026. The company reported its highest-ever quarterly services revenue at ₹625 crore, marking a 9% increase YoY and a 3% increase QoQ. EBITDA margin also saw significant expansion, reaching 27.2%, up 170 basis points sequentially. The company also secured new order wins valued at approximately ₹500 crore.
CMS Info Systems Reports Strong Q1 FY27 Results
CMS Info Systems Limited has declared its financial results for the quarter ended June 30, 2026. The company achieved a record quarterly services revenue of ₹625 crore, reflecting a substantial 9% year-on-year growth and a 3% sequential increase. This performance highlights the company’s continued expansion in its core service offerings.
Improved Profitability and Margins
The company demonstrated improved profitability, with EBITDA growing by 8.9% year-on-year. Notably, the EBITDA margin expanded by 170 basis points sequentially to 27.2%. This enhanced margin reflects strong operational efficiency and effective cost management amidst market challenges.
New Business Wins
CMS Info Systems also announced significant new order wins totaling approximately ₹500 crore. These wins include a prominent integrated managed services mandate from HDFC Bank and two product mandates for currency recyclers with Public Sector Undertaking (PSU) banks. Additionally, the company secured two large wins in Technology & Payment Solutions from PSU banks for its HAWKAI Enterprise and ALGO MVS solutions.
Executive Commentary
Mr. Rajiv Kaul, Executive Vice Chairman & CEO, commented on the results, 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.”
Standalone and Consolidated Financials
The unaudited standalone financial results show a profit after tax of ₹1,170.32 crore for the quarter ended June 30, 2026. The consolidated financial results also reflect robust performance, with profit after tax attributable to equity shareholders standing at ₹836.85 crore for the same period.
Source: BSE
