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CMS Info Systems Limited — Earnings Release 2023
May 23, 2023
62583_rns_2023-05-23_08ddbd11-971d-4d84-bc0e-c3ceeae66cbf.pdf
Earnings Release
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May 23, 2023
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CMSINFO/2305/005
To,
BSE Limited
National Stock Exchange of India Limited
Listing Department, Listing Department, 1[st] Floor, PJ Towers, Exchange Plaza, C-1, Block-G, Dalal Street, Bandra Kurla Complex, Bandra(East), Fort, Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 543441
Symbol: CMSINFO
Dear Sir/Madam,
Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)
Pursuant to Regulation 30 of Listing Regulations, please find enclosed herewith Press Release issued by the Company in connection with the Audited Financial Results (Standalone and Consolidated) for the year ended March 31, 2023.
The press release is also being uploaded on the Company’s website at www.cms.com.
You are requested to kindly take the same on your record.
Thanking You,
For CMS Info Systems Limited
PRAVEE Digitally signed by PRAVEEN SONI Date: 2023.05.23 N SONI 18:05:05 +05'30'
CS Praveen Soni
Company Secretary & Compliance Officer (Membership No. FCS 6495)
Encl: a/a
CMS Info Systems Limited |CIN: L45200MH2008PLC180479 | www.cms.com | E: [email protected]
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Media Release
CMS Info Systems Limited reports a 33% YoY growth in net profit in FY23 Clocks revenue growth of 20% in FY23 and EBITDA growth of 36% YoY
Mumbai, 23 May 2023: CMS Info Systems Limited, India’s leading business services company offering banking logistics and technology services, announces its annual and fourth quarter FY23 financial results today.
FY23 Highlights:
The company achieved revenue of INR 1,915 crore, 20% growth YoY, while the operating profit (EBITDA) grew 36% from INR 408 crore to INR 552 crore in FY23.
| Revenue INR 1,915 crore YoY Growth: 20% |
EBITDA INR 552 crore YoY Growth: 36% |
EBITDA Margin 28.6% YoY Growth: 310 BPS |
PAT INR 297 crore YoY Growth: 33% |
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|---|---|---|---|---|
Q4 FY23 Highlights:
The company achieved revenue of INR 501 crore, 13% growth over the same quarter last year, while the operating profit (EBITDA) grew 25% from INR 140 crore to INR 149 crore in the quarter.
| Revenue INR 501 crore YoY Growth: 13% |
EBITDA INR 149 crore YoY Growth: 25% |
EBITDA Margin 29.7% YoY Growth: 100 BPS |
PAT INR 80 crore YoY Growth: 25% |
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|---|---|---|---|---|
Cash Logistics Business Highlights:
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Highest ever currency throughput at INR 12.7 Lakh Crore in FY23, 16% growth YoY
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11% YoY growth in total business commerce points for ATM and Retail (124,000 as of Mar’23)
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16% YoY growth in critical service activities in FY23
Managed Services & Technology Business Highlights:
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Managed Services business orderbook expands by INR 950 Crore in FY23
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ATMs under Managed Services grown to 17,500 in Mar’23, 50% growth YoY
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Achieved #1 market position in AIoT Remote Monitoring in banking with 21,000+ live sites
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Technology Solutions ALGO MVS & ALGO OTC, today cover 25% and 30% ATMs respectively in India
Commenting on the performance of the Company, Mr. Rajiv Kaul – Executive Vice Chairman, Whole Time Director and CEO, CMS Info Systems said, “We con�nue to deliver high growth and earnings. Our FY23 PAT has grown by 33% and we have also crossed a milestone with revenues of Rs. 500 Cr in the last quarter. With robust growth in credit, banks are now inves�ng in expanding and capturing a wider deposit share by deepening their geographical presence. In addi�on, the formaliza�on of the economy and consump�on increase in both metro and rural areas, along with our strong order book, posi�ons us well for con�nuing to deliver to our target of doubling revenues from FY21 to FY25.”
CIN: L45200MH2008PLC180479
Email: [email protected] | Tel: +91 2248897400 | Web: cms.com | LinkedIn: CMS Info Systems | Twitter: @systems_cms
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Results for the quarter ended March 31, 2023 and of full year 2023 are prepared under Ind AS, along with segment results, are available in the Investor Relations section of our website www.cms.com.
About CMS Info Systems Limited:
CMS Info Systems Limited (BSE: CMSINFO | 543441, NSE: CMSINFO) is a leading business services company providing logistics and technology solutions to banks, financial institutions, organized retail and e-commerce companies in India with presence across Cash Logistics, ATM Managed Services and Technology Solutions.
CMS businesses include ATM and Retail Cash Management, Currency Chest Automation, Bullion Logistics, Banking Automation Solutions, Brown Label ATM and Managed Services, Multi-vendor Software Solution, ATM Security Software, AI-based Remote Monitoring Services and Card Issuance, Management and Personalization.
CMS is India’s largest cash management company based on number of ATM points and number of retail pick-up points as well as one of the largest ATM cash management companies worldwide.
Contact Information:
Media Relations Representative
Investor Relations Representative
Company Secretary & Compliance Officer
Pankaj Rawat [email protected] +91-9987261199
Smita Sengupta [email protected] +91-9769550799 Pushkar Gupta [email protected] +91-9323090909
Puneet Kokru [email protected] +91-22-6918-4015
Anuj Sonpal [email protected] +91-22-4903-9500
Praveen Soni [email protected] +91-22-4889-7400
CIN: L45200MH2008PLC180479
Email: [email protected] | Tel: +91 2248897400 | Web: cms.com | LinkedIn: CMS Info Systems | Twitter: @systems_cms