CMS Info Systems Limited — Earnings Release 2024

May 15, 2024

May 15, 2024

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CMSINFO/2405/006

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

Subject: Media Release: CMS Info Systems Limited reports 25% revenue growth in Q4’FY24.

Dear Sir/Madam,

Pursuant to Regulation 30 of Listing Regulations, please find enclosed Media Release titled “ CMS Info Systems Limited reports 25% revenue growth in Q4’FY24 ” being issued by the Company in connection with the Audited Financial Results ( Standalone and Consolidated) for the quarter and year ended March 31, 2024 at Annexure I .

The Media 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

Debashis Digitally signed by Debashis Dey Date: 2024.05.15 Dey 20:27:34 +05'30' Debashis Dey Company Secretary & Compliance Officer

Encl: a/a

CMS Info Systems Limited |CIN: L45200MH2008PLC180479 | www.cms.com | E: contact@cms.com

Annexure I

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Media Release

CMS Info Systems Limited reports 25% revenue growth in Q4’FY24 Clocks FY24 revenue growth of 18% and net profit growth of 23% with highest-ever new order wins of INR 1,850 Cr

Mumbai, 15 May 2024: CMS Info Systems Limited, India’s leading business services company offering banking logistics and technology solutions, announces its financial results for the quarter and year ended March 31, 2024, today.

Key highlights:

• Strong Q4’FY24 growth of 56% in Managed Services & Technology Solutions business segment.

• Our technology solutions are helping us deepen enterprise relationships in BFSI, leading to INR 1,850 Cr new-order wins in FY24.

• 11% revenue growth in Cash Logistics business segment, adding 13,000 business points. Retail segment has on-boarded 40+ new retail clients in FY24.

• Recommended final dividend of INR 3.25/- per equity share of face value of INR 10/- each fully paid up, total dividend for FY24 would be INR 5.75/-.

	Q4’FY24 Consolidated Financial PerformanceRevenue at INR 627 Cr, +25.1% YoYAdj. EBITDA* at INR 168.6 Cr, +16.2% YoYAdj. PAT* at INR 99.4 Cr, +23.3% YoYAdj PAT Margin* at +15.9%	FY24 Consolidated Financial PerformanceRevenue at INR 2,265 Cr, +18.3% YoYAdj. EBITDA* at INR 641 Cr, +16.4% YoYAdj. PAT* at INR 374.5 Cr, +23.1% YoYAdj PAT Margin* at +16.5%

*Adjusted for ESOP expenses.

Commenting on the performance of the Company, Mr. Rajiv Kaul – Executive Vice Chairman, Whole Time Director and CEO, CMS Info Systems said, “This is our eighth consecutive quarter with 20%+ YoY earnings growth. Our Managed Services & Technology Solutions business segment now contributes 39% of our overall revenues. We are seeing strong growth in our Retail, AIoT Remote Monitoring Solution and Managed Services segments. We are reasonably confident of meeting the upper end of our FY25 revenue guidance of INR 25002700 Cr.”

Segmental Financial Performance:

	Cash Logistics Business	Cash Logistics Business	Managed Services & Technology Solutions Business**#**	Managed Services & Technology Solutions Business**#**
	Revenue	EBIT	Revenue	EBIT
Q4’FY24	INR 388.2 CrYoY Growth: 11%	INR 98.4 CrYoY Growth: 5%	INR 264.7 CrYoY Growth: 56%	INR 43.4 CrYoY Growth: 42%
FY24	INR 1,474 CrYoY Growth: 11.2%	INR 385.8 CrYoY Growth: 15%	INR 885.6 CrYoY Growth: 34.6%	INR 157.4 CrYoY Growth: 27%

# Including Cards Services

Results for the quarter ended March 31, 2024, and of full fiscal year 2024 are prepared under Ind AS, along with segment results, are available in the Investor Relations section of our website www.cms.com.

CIN: L45200MH2008PLC180479 | Email: contact@cms.com | Tel: +91 22 4889 7400 | Web: www.cms.com | LinkedIn

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Analyst Conference Call:

The earnings conference call will be held on Friday, May 17, 2024 at 12:00 pm (IST) to discuss the Financial Results and performance of the Company for Q4’FY24 and FY24. The earnings conference call will be accessible from all networks and countries through universal access dial-ins +91 22 6280 1366 / +91 22 7115 8267 and can be accessed here. Further, the analyst(s)/institutional investor(s) presentation will be submitted to Stock Exchanges and hosted on the Company's website at www.cms.com.

*Adjusted for ESOP expenses. Calculation of Adj. PAT below.

INR Cr.	Q4’FY24	Q3’FY24	Q4’FY23	FY24	FY23
Reported PAT	91.4	87.1	79.9	347.1	297.2
Add : Non-cash ESOP Expenses(Net of Tax)	8	8.9	0.7	27.4	6.9
Adj. PAT	99.4	96.0	80.6	374.5	304.2

About CMS Info Systems Limited (CMSINFO):

CMS Info Systems Limited (BSE: CMSINFO | 543441, NSE: CMSINFO) is India’s leading business services company providing logistics and technology solutions to banks, financial institutions, organized retail, and e-commerce companies with a presence across Cash Logistics, Managed Services, and Technology Solutions.

CMSINFO businesses include ATM and Retail Cash Management, Banking Automation, ATM-as-a-service, AIoT Remote Monitoring, Software Solutions and Card Issuance, Management & Personalization.

CMSINFO is committed to enable financial inclusion by providing access to formal banking services and driving seamless physical payments in India.

Contact Information:

Media Relations Investor Relations Company Secretary & Representative Representative Compliance Officer Smita Sengupta Puneet Kokru Debashis Dey smita.sengupta@cms.com puneet.kokru@cms.com company.secretary@cms.com +91-9769550799 +91-22-6918-4015 +91-22-4889-7400 Sandeep Sarkar Anuj Sonpal sandeep@thegoodedge.com cms@valoremadvisors.com +91-9967104139 +91-22-4903-9500

CIN: L45200MH2008PLC180479 | Email: contact@cms.com | Tel: +91 22 4889 7400 | Web: www.cms.com | LinkedIn