Net sales (including other operating income) of CMS Info Systems eased 0.14% to Rs 581.49 crore. Sales of Cash management services segment has gone up 7.84% to Rs 404.38 crore (accounting for 65.82% of total sales). Sales of Managed services segment has declined 10.38% to Rs 190.53 crore (accounting for 31.01% of total sales). Sales of Cards segment fell 2.66% to Rs 19.44 crore (accounting for 3.16% of total sales). Inter-segment sales rose from Rs 25.25 crore to Rs 32.85 crore. Profit before interest, tax and other unallocable items (PBIT) has jumped 1.69% to Rs 140.98 crore. PBIT of Cash management services segment rose 5.99% to Rs 103.42 crore (accounting for 73.36% of total PBIT). PBIT of Managed services segment fell 16.68% to Rs 31.32 crore (accounting for 22.22% of total PBIT). PBIT of Cards segment rose 79.73% to Rs 6.24 crore (accounting for 4.43% of total PBIT). PBIT margin of Cash management services segment fell from 26.02% to 25.57%. PBIT margin of Managed services segment fell from 17.68% to 16.44%. PBIT margin of Cards segment rose from 17.39% to 32.11%. Overall PBIT margin rose from 22.82% to 22.95%. Operating profit margin has jumped from 25.90% to 27.42%, leading to 5.75% rise in operating profit to Rs 159.47 crore. Purchase of finished goods cost fell from 11.79% to 4.48%. Employee cost increased from 14.33% to 15.12%. Other expenses rose from 48.79% to 52.74%. Selling and administration expenses rose from 20.08% to 20.34%. Other income rose 49.55% to Rs 11.71 crore. PBIDT rose 7.91% to Rs 171.18 crore. Provision for interest rose 20.41% to Rs 4.72 crore. PBDT rose 7.59% to Rs 166.46 crore. Provision for depreciation rose 8.77% to Rs 41.04 crore. Profit before tax grew 7.21% to Rs 125.42 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 32.23 crore, compared to Rs 29.9 crore. Effective tax rate was 25.70% compared to 25.56%. Minority interest was nil in both the periods. Net profit attributable to owners of the company increased 7.02% to Rs 93.19 crore. Commenting on the performance of the company, Rajiv Kaul ' Exec. Vice Chairman, WTD and CEO said, 'FY25 is a consolidation year on the back of strong 20%+ revenue CAGR between FY21-FY24. In the first nine months of this year, we achieved 10.3% revenue growth and 7.5% PAT growth. We are gaining market share, maintaining world-class margins and increasing share of recurring revenue streams. We are also making the right long-term investments with an increase in our Tech spends from 1% to 1.5% of revenues. As we gain momentum from order win execution, market share growth, and the expansion of our AIoT platform, we are positioned well for strong growth in FY26.'
Financial performance 9MFY25
Net sales (including other operating income) of CMS Info Systems has increased 10.25% to Rs 1805.46 crore. Sales of Cash management services segment has gone up 8.76% to Rs 1,181.35 crore (accounting for 62.36% of total sales). Sales of Managed services segment has gone up 17.88% to Rs 658.82 crore (accounting for 34.78% of total sales). Sales of Cards segment fell 12.56% to Rs 54.26 crore (accounting for 2.86% of total sales). Inter-segment sales rose Rs 69.59 crore to Rs 88.96 crore. Profit before interest, tax and other unallocable items (PBIT) has jumped 4.21% to Rs 417.57 crore. PBIT of Cash management services segment rose 4.42% to Rs 299.36 crore (accounting for 71.69% of total PBIT). PBIT of Managed services segment fell 3.89% to Rs 102.37 crore (accounting for 24.52% of total PBIT). PBIT of Cards segment rose 111.17% to Rs 15.84 crore (accounting for 3.79% of total PBIT). PBIT margin of Cash management services segment fell from 26.39% to 25.34%. PBIT margin of Managed services segment fell from 19.06% to 15.54%. PBIT margin of Cards segment rose from 12.09% to 29.19%. Overall PBIT margin fell from 23.47% to 22.04%. Operating profit margin has declined from 27.12% to 25.74%, leading to 4.66% rise in operating profit to Rs 464.73 crore. Purchase of finished goods cost fell from 7.43% to 7.30%. Employee cost decreased from 14.83% to 14.82%. Other expenses rose from 50.79% to 51.40%. Selling and administration expenses rose from 20.06% to 20.33%. Other income rose 61.36% to Rs 36.87 crore. PBIDT rose 7.43% to Rs 501.6 crore. Provision for interest rose 11.72% to Rs 13.63 crore. PBDT rose 7.32% to Rs 487.97 crore. Provision for depreciation rose 7.48% to Rs 118.75 crore. Profit before tax grew 7.27% to Rs 369.22 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 94.32 crore, compared to Rs 88.48 crore. Effective tax rate was 25.55% compared to 25.71%. Minority interest was nil in both the periods. Net profit attributable to owners of the company increased 7.50% to Rs 274.90 crore.| CMS Info Systems : Consolidated Results | |||||||||
| Particulars | 2412 (3) | 2312 (3) | Var % | 2412 (9) | 2312 (9) | Var % | 2403 (12) | 2303 (12) | Var % |
| Net Sales (including other operating income) | 581.49 | 582.30 | 0 | 1805.46 | 1637.60 | 10 | 2264.68 | 1914.73 | 18 |
| OPM (%) | 27.42 | 25.89 | ' | 25.74 | 27.12 | ' | 26.47 | 28.08 | ' |
| OP | 159.47 | 150.79 | 6 | 464.73 | 444.04 | 5 | 599.47 | 537.74 | 11 |
| Other Inc. | 11.71 | 7.83 | 50 | 36.87 | 22.85 | 61 | 34.02 | 14.72 | 131 |
| PBIDT | 171.18 | 158.62 | 8 | 501.60 | 466.89 | 7 | 633.49 | 552.46 | 15 |
| Interest | 4.72 | 3.92 | 20 | 13.63 | 12.20 | 12 | 16.21 | 19.62 | -17 |
| PBDT | 166.46 | 154.70 | 8 | 487.97 | 454.69 | 7 | 617.28 | 532.84 | 16 |
| Depreciation | 41.04 | 37.73 | 9 | 118.75 | 110.49 | 7 | 150.22 | 131.82 | 14 |
| PBT | 125.42 | 116.97 | 7 | 369.22 | 344.20 | 7 | 467.06 | 401.02 | 16 |
| Share of Profit/(Loss) from Associates | 0.00 | 0.00 | - | 0.00 | 0.00 | - | 0 | 0 | - |
| PBT before EO | 125.42 | 116.97 | 7 | 369.22 | 344.20 | 7 | 467.06 | 401.02 | 16 |
| EO Income | 0.00 | 0.00 | - | 0.00 | 0.00 | - | 0 | 0 | - |
| PBT after EO | 125.42 | 116.97 | 7 | 369.22 | 344.20 | 7 | 467.06 | 401.02 | 16 |
| Taxation | 32.23 | 29.90 | 8 | 94.32 | 88.48 | 7 | 119.92 | 103.78 | 16 |
| PAT | 93.19 | 87.08 | 7 | 274.90 | 255.72 | 8 | 347.14 | 297.24 | 17 |
| Minority Interest (MI) | 0.00 | 0.00 | - | 0.00 | 0.00 | - | 0 | 0 | - |
| Net profit | 93.19 | 87.08 | 7 | 274.90 | 255.72 | 8 | 347.14 | 297.24 | 17 |
| EPS (Rs)* | 22.8 | 21.3 | ' | 22.5 | 20.9 | ' | 21.3 | 18.2 | ' |
| * EPS is on current equity of Rs 163.18 crore, Face value of Rs 10, Excluding extraordinary items. | |||||||||
| EO : Extraordinary items | |||||||||
| Figures in Rs crore | |||||||||
| Source: Capitaline Corporate Database | |||||||||
