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CMS Info Systems Limited — Earnings Release 2023
Jan 27, 2023
62583_rns_2023-01-27_2e00ca08-87b3-4756-b471-d097f025f857.pdf
Earnings Release
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January 27, 2023
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CMSINFO/2301/007
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 Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2022.
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: 2023.01.27 N SONI 18:23:58 +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 strong third quarter
Mumbai, 27 January 2023: CMS Info Systems Limited, India’s leading business services company offering banking logistics and technology services, announces its results for Q3 FY 2023. The company achieved revenues of INR 493 Crores, 21.7% growth over the previous year, while the operating profit (EBITDA) grew 28.9% from INR 105 Crores to INR 135 Crores in the quarter.
| Revenue | EBITDA | EBITDA Margin | PAT | |
|---|---|---|---|---|
| INR | 493 Crore | INR 135 Crore | 27.7% | INR 76 Crore |
| YoY | Growth: 21.7% | YoY Growth: 28.9% | YoY Growth: +171 BPS | YoY Growth: 25.8% |
Q3- FY23 Operational Highlights:
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Business points for cash management at 120,000, up 9% YoY
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Highest ever quarterly currency throughput at INR 3.3 trillion, up 10.7% YoY
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Robust orderbook build up: 9M FY23 (YTD) additions at INR 800 crore
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Won a large contract from a leading bank for our propriety ATM security software solution
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AIoT Remote Monitoring business crosses 20,000 live sites milestone
Commenting on the performance of the Company, Mr. Rajiv Kaul – Executive Vice Chairman, Whole Time Director and CEO said, “Despite macro challenges, we have delivered a strong Q3 with industry-leading growth and earnings, which are up 26% YoY. This clearly is a reflection of our strong client engagement, robust business model and our employees' unwavering dedication. We continue to prioritize facilitation of seamless commerce through our integrated business services platform to BFSI and Retail sector. Our technology led solutions will enable growth as we focus to expand our market share. Looking ahead, and beyond, our longer-term business forecast continues to be strong."
With the banking sector reporting robust growth in credit and healthy margins, banks are refocusing on expanding and capturing a wider deposit share and deepening geographical presence. Banks are on a branch addition spree as they look to follow a ‘physical plus online’ approach as we have seen leading banks invest in adding new branches, particularly in under-penetrated tier-4, tier-5 and tier-6 centres according to RBI data.
CIN: L45200MH2008PLC180479 | Email: [email protected] | Tel: +91 22 4889 7400 | Web: www.cms.com | LinkedIn
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Results for the quarter ended and nine months ended December 31, 2022, prepared under Ind AS, along with segment results, are available in the Investor Relations section of our website www.cms.com.
Quarterly Conference Call:
The earnings conference call will be held on Monday, January 30, 2023 at 04:00 PM (IST) to discuss the Financial Results and performance of the Company for the quarter ended and nine months ended December 31, 2022.
The earnings conference call will be accessible from all networks and countries through universal access dial-ins +91 22 6280 1145 or +91 22 7115 8046 also accessible at: http://shorturl.at/bEQT1.
Further, the analyst(s)/institutional investor(s) presentation will be submitted to Stock Exchanges and shall also be hosted on the Company's website at 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
Pankaj Rawat Puneet Kokru [email protected] [email protected] +91-9987261199 +91-22-6918-4015 Pushkar Gupta Anuj Sonpal [email protected] [email protected] +91-9323090909 +91-22-4903-9500
Company Secretary & Compliance Officer
Praveen Soni [email protected] +91-22-4889-7400
CIN: L45200MH2008PLC180479 | Email: [email protected] | Tel: +91 22 4889 7400 | Web: www.cms.com | LinkedIn