CMS Info Systems Limited — Investor Presentation 2023

Jul 24, 2023

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CMSINFO/2307/008

July 24, 2023

To BSE Limited Listing Department, 1st Floor, PJ Towers, Dalal Street, Fort, Mumbai – 400 001

National Stock Exchange of India Limited Exchange Plaza, C-1, Block-G, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051

Symbol: CMSINFO

Scrip Code: 543441

Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)

Dear Sir/Madam,

Pursuant to Regulation 30 of Listing Regulations, please find attached Investor Presentation on Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2023.

You are requested to kindly take the same on your record.

Thanking You,

Yours faithfully,

For CMS Info Systems Limited

PRAVEEN Digitally signed by PRAVEEN SONI SONI Date: 2023.07.24 13:16:35 +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: contact@cms.com

Earnings Presentation Q1-FY24

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COMPANY OVERVIEW

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Leading Business Services Company Catering To BFSI & Retail Sector

Logistics Services Product Solutions Tech Outsourcing Services ATM Cash Retail Cash Cash in Bank Automation ATM Managed Card Mgmt. Software Remote Management Management Transit (CIT) Solutions Services Solutions Solutions Monitoring Only Integrated Banking Largest Cash PAN India Footprint; Servicing leading Highly qualified and Solutions provider Management 16K+ Pin codes banks like SBI, HDFC, experienced management with end-to-end offerings company in India covered ICICI & Axis supported by diverse board INR 12.70 Tn 28.8% 24.21% Cash handled in FY23 FY23 Adj. EBITDA Margin FY23 ROCE Zero Debt 150,000+ 28% Company for 4 years with AA Servicing Business Points FY20-23 PAT CAGR credit rating 4000+ INR 4,500 Mn 76% Cash Vans March’2023 Cash[(1)] FY23 OCF / EBITDA

(1) Cash & Investments is inclusive of Cash & Cash Equivalents, Bank balance & Investments

3

Offering End-to-End One Stop Solutions

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Key Business Verticals Financial Highlights
(INR Mn)
Cash Management
• End-to-end ATM replenishment – inclusive of cash withdrawal, ATM replenishment, cash
19,147
evacuation and deposition for BNA/recyclers, day-end reporting, reconciliation and 15,897 28.85%
settlement 28.08%
13,832
13,061 25.14%
22.48%
•
Cash pick up and delivery from retail outlets and enabling settlement with retailers’ banks
18.36%
5,116
• Currency movement inter/intra city for Banks 3,997 5,377
2,539 2,936 1,476
Managed Services
FY20 FY21 FY22 FY23 Q1-FY24
• Operational Revenue EBITDA
Sales, deployment, and maintenance of ATMs Financial Highlights
•
Brown label ATM Deployment
• Managed Services for bank owned ATM networks Business Mix Q1-FY24
•
Management and personalization of cards
Cash
Tech Solutions Management,
64%
• Software solutions Managed
Servcies [(1)]
• AI based Remote Monitoring 36%
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(1) Managed services revenue comprises of Managed services, Cards (other business) and Tech solutions revenues

CMS’ Presence Across The Cash Value Chain CMS’ Presence Across The Cash Embedded into the clients' systems and process while offering a wide range of services at different stages of the cash cycle

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1
ATM
Value Chain 2 3
Branch Cash-in-transit services to the banks that run currency
11
chests
1
ATM cash management services to banks (on behalf of
2
MSPs)
7 Bank chest 6 4 ATM deployment and maintenance services, Brown Label
33 ATM services, multi-vendor software solutions and remote
General Store monitoring services
Retail cash management services to retailers and other
44
4 corporates, as well as deployment of retail cash vaults
Reconciliation of ATM and retail cash balances and end-
5
of-day reporting
Coffee shop 4
5
4
Branch 66 Credit and debit card personalization services to banks
7 Currency chest automation
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5

Our Journey: Transforming into a Business Services Platform 600 CMS Ti ~~melin~~ e EBITDA* (Crs) Revenue: ₹ 1,915 Cr Adj. PAT Margin : 15.9% 500 9x Revenue 400 growth 300 11x EBITDA growth 200 Revenue: ₹ 216 Cr Adj. PAT Margin: 10.5% 100 Restructure Growth Resilience Accelerated expansion 0 2008-09 2011-12 2015-16 2019-20 2022-2023 *from continuing Established a strong core in Grew TAM by expanding into High growth business Cash Logistics Managed Services Launched AIoT business • • • in Pvt. bank outsourcing Demonetization in PSU bank outsourcing • • • 4x ATM market growth NPA crisis; PSU bank mergers COVID pandemic • • • Market players doubled RBI standards Industry consolidation

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Highly Qualified Management With A Diverse Board And Strong Governance

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Experienced
Directors
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Strong
Managemen
t With Deep
Industry
Know-How
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Tapan Ray
MD & Group CEO of Gift City
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Ms. Manju Agarwal Krzysztof Jamroz
Executive Chairman at Roadrunner
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Shyamala Gopinath Ex-Deputy Governor of RBI

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Jimmy Mahtani Managing Director at BPEA

Sayali Karanjkar Non-Executive Independent Director, Co-founder of Paysense

Ashish Agrawal Managing Director at BPEA

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Rajiv Kaul

Pankaj Khandelwal President & CFO

Anush Raghavan

Executive Vice Chairman, Whole Time Director & CEO 24+ years of industry experience

President – Cash Management Business

27+ years of industry experience

14+ years of industry experience

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Sanjay Singh Chief Human Resources Officer (CHRO)

Rohit Kilam

Manjunath Rao

CTO

President – Managed Services Business

20+ years of industry experience

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34+ years of industry experience

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Leader In Cash Logistics Services In India

ATM Cash Retail Cash Management Cash-in-Transit (CIT) and Management (RCM) Emerging Businesses #1 Player #1 Player #1 Player

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36% market share [(1)] 26% market share [(1)]
Cash Logistics Revenue Cash Logistics EBIT & EBIT Margin
(INR Mn) 13,263 (INR Mn)
11,108 3,363
9,776 9,094 2,654
2,040 22.4% 25.4% 26.8%
1,666 23.9%
940
17.0%
3,510
FY20 FY21 FY22 FY23 Q1-FY24
FY20 FY21 FY22 FY23 Q1-FY24 EBIT EBIT Margin
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(1) As per company estimates

Route Based Logistics With Extensive Distribution Across India

Deep entrenchment to India’s hinterland, Logistical planning and Route productivity are fundamental to CMS’ successful track record

Cash Management Operations Cycle Cash Management Operations Cycle

97% coverage pan-India including remote areas(3)

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3 16K+
Cash
1 2 withdrawal Pincodes Jammu & Kashmir, Ladakh
CMS Van from banks 6
Branch office Branch Crew 2 allocated Bank covered [(1)]
Office assigned Himachal Pradesh
4,000+ fleet [(1)] Punjab 1
CMS 12 Uttarakhand
4
Haryana
3 8 Delhi
Cash 10 Bihar Assam
replenishment Rajasthan Uttar Pradesh
of different 13 8 3
5 14
Overnight vaulting bank ATMsCash Management Operations CycleCMS Gujarat Madhya Pradesh
of retail collections
Jharkhand
and 14 West Bengal
daily reporting and 13 10
2
reconciliations Chhattisgarh
Retail
Retail Maharashtra 12 Odisha Mix of ATM cash management
CMS 24 14 points FY23
CMS
4 Metro &
Retail
Outlets cash Goa Andhra Pradesh Semi-Metro
deposited Retai 13 and Telangana 36%
l Retail 3
1
Cash pick-up
at different Karnataka
CMS retail 22
outlets
Kerala Tamil Nadu SURU(2)
3 5 8 12 64%
FLM at
Branches
ATM
For FY23 (2) As of 31st March, 2023, on the basis of total number of ATM points (3) For FY23, on the basis of districts covered
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• (1) For FY23 (2) As of 31st March, 2023, on the basis of total number of ATM points (3) For FY23, on the basis of districts covered

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Our Cash Logistics Network World class scale, quality and risk management

• Revenue model linked to # of visits per ATM (<2% variance)

• ATM • Annuity revenue model, >90% fixed

• • 72,000+ ATMs, Replenished every alternate day, Avg. ₹ 1.4 Cr / ATM per month

• • Partner with Transaction banking to offer treasury solutions for corporates & retail (Cash-X)

• RETAIL • Annuity revenue model linked to volume & points; >70% fixed

• • 52,000+ business commerce points, Avg. ₹ 37 L collection & processing per month

• • Bulk currency transit across the banking network

• CIT • Revenue model: 80% fixed; 3-5 year contracts

• • 12,000+ bank branches served every day

One Of The Few Integrated Players In India With A Strong Technology Edge

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Banking Automation
Solutions
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ATM As-a-Service
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Software Solutions AI based Remote Monitoring
#1 in ATM #1 in ATM
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Managed Services Revenue
(INR Mn)
6,111
4,896
3,641
3,622
1,642
FY20 FY21 FY22 FY23 Q1-FY24
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Managed Services EBIT & EBIT Margin
(INR Mn)
1,211
19.8% 18.7%
17.5% 810 16.5%
547
635
15.0%
340
FY20 FY21 FY22 FY23 Q1-FY24
EBIT EBIT Margin
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India is the worlds 3[rd] largest ATM market

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	• MVS – Unified & dynamic interface and management • ATM access security software • SaaS-like business model • License sale + 7-10 yr maintenance rev.
• 60% bank owned, 3-5 yrs fixed revenue • 40% BLA; 7-10 yrs, txn-based revenue • CMS: 20-25% revenue fixed rate; ~30% of BLA at bank branches (high predictability) • MVS – Unified & dynamic interface and management • ATM access security software • SaaS-like business model • License sale + 7-10 yr maintenance rev. • <40% ATMs and <30% branches secured today • 100% fixed recurring • ATMs, Currency recyclers, Self- service kiosks • 1:2 branch to ATM ratio • Product sale + 7-10 yr maintenance revenue AIoT Remote Monitoring Banking Automation ATM-as-a- Service ALGO Software	• MVS – Unified & dynamic interface and management • ATM access security software • SaaS-like business model • License sale + 7-10 yr maintenance rev.
	• <40% ATMs and <30% branches secured today • 100% fixed recurring

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The CMS Edge

The CMS Edge An integrated, tech-led pan India business platform serving India's cash eco-system Leadership position across most segments, backed by operation excellence and robust financials Longstanding customer relationships leading to increased business opportunities Multi-year recurring predictable revenue streams Pan-India footprint with deep penetration in growing markets Strong track record of value accretive acquisitions Experienced and qualified management team

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Favourable macro-economic and industry trends

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Fastest growing large economy: 6.1% avg. growth forecast next 5 years

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Growth in domestic consumption: drives 2/3[rd] of GDP

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Banks at the center of growing economy: in expansion mode

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Retail growth to fuel consumption

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Cash based payments have a large share in loans, insurance, retail, ecommerce

Source: Bain & Co, BCG, WEF , World Economics' QIES & CLSA

Mid-term growth drivers

• Cash 100,000 ATMs yet to be outsourced for Cash Mgmt. •

• Logistics Growth in organised retail; Direct2Retail and Cash-X solutions

• Growth in organised retail; Direct2Retail and Cash-X solutions

ATM Managed Services

• PSU banking refresh cycle: 80,000+ ATM refresh cycle

• Pvt. Sector branch expansion: 20,000+ new ATMs

• Total outsourcing deals: ~100,000 ATMs will shift from bank capex to BLA

• 60% of ATMs & bank branches

AIoT Remote Monitoring

• Expansion to NBFC, Insurance, Retail

• • Legacy base refresh cycle

• Track record of programmatic M&A: Rs. 250 Cr in 6 acquisitions with <3 year payback

Inorganic

• Industry consolidation

• M&A areas: Business Services, Fintech

Market Growth: Higher outsourcing create a large TAM Opportunity

INR Crore

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2.6x ₹ 22,000 Cr CAGR
BFSI Remote
3,000 25%
Monitoring
ATM-as-a-
11,620
17%
Service
₹ 8,500 Cr Banking
4,600 19%
6,200-6,500 Automation
4,570
Cash
1,800-2,000
1,650 7,900 19%
Logistics
3,500-3,700
2,730
FY21 FY27
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Total TAM is lower than gross sum because of some overlap between Cash Management and BLA

**CAGR between FY21 and FY27

Our Playbook: Accelerating growth & market expansion

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Lowest unit economics Establish right-to-
Scale & productivity win Integrated
offerings
Strengthen Expand
Drive innovation Strong cashflow Large & complex projects
Talent & Tech Core generation TAM Customer engagement
World class Invest in
Quality benchmarks Adjacencies & Tech
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Q1-FY24 FINANCIAL OVERVIEW

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Quarterly Financial Highlights

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Revenue Adjusted EBITDA Adjusted PAT
(INR Mn) (INR Mn) (INR Mn)
13% 5,116
181
4,533
95 40% 19% 1,515
1,642 22%
1,271 868
1,462
709
28.0% 29.6%
3,292 17.0%
2,976 15.6%
Q1-FY23 Q1-FY24 Q1-FY23 Q1-FY24 Q1-FY23 Q1-FY24
EBITDA
Cash Mgmt. Managed Card PAT PAT Margin (%)
Services Services Services
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EBITDA and PAT adjusted for ESOP/Share based payment to employees

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Quarterly Operational Highlights: Cash Logistics Business

Cash Logistics: Operational Highlights

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Revenue EBIT
INR Mn INR Mn
12%
3,510
3,131 22%
940
770
26.8%
24.6%
Q1-FY23 Q1-FY24 Q1-FY23 Q1-FY24
EBIT EBIT %
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• Highest ever quarterly currency throughput at INR 3.3 Lakh Crore in Q1-FY24, up 6% YoY

• 10% YoY growth in total business commerce points for ATM + Retail cash management to 126,000 as of June’23

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Quarterly Operational Highlights: Managed Services + Card Services Business

Managed Services + Card Services : Operational Highlights

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Revenue EBIT
INR Mn INR Mn
17%
1,820
15%
1,557
341
297
20.2%
18.7%
Q1-FY23 Q1-FY24 Q1-FY23 Q1-FY24
EBIT EBIT %
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• Managed Services new orderbook wins of INR 150 Crore in the quarter

• Successful implementation of Managed Services mandate of 5,200+ ATMs for a large PSU bank, becoming the largest Managed Services provider for the bank

• ATMs under Managed Services at 18,000 as of June'23

• 1 market position in AIoT Remote Monitoring in banking with 21,000+ live sites

• Technology Solutions ALGO MVS & ALGO OTC, today cover 25% and 30% ATMs respectively in India

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QuarterlyConsolidated Financial Performance	QuarterlyConsolidated Financial Performance	QuarterlyConsolidated Financial Performance	QuarterlyConsolidated Financial Performance	QuarterlyConsolidated Financial Performance	QuarterlyConsolidated Financial Performance
Particulars (All figures in INR Mn)	Q1-FY24	Q4-FY23	Q-o-Q	Q1-FY23	Y-o-Y
Operating Income	5,116	5,014	2.0%	4,533	12.9%
Expenses	3,640	3,572	1.9%	3,294	10.5%
Operating EBITDA	1,476	1,442	2.4%	1,239	19.1%
Adj. EBITDA	1,515	1,451	4.4%	1,271	19.2%
EBITDA Margins (%)	28.85%	28.76%	9 Bps	27.33%	152 Bps
Adj. EBITDA Margins (%)	29.62%	28.93%	69 Bps	28.03%	159 Bps
Finance costs	42	56	(25)%	45	(6.7)%
Depreciation and amortisation expense	364	355	2.5%	297	22.6%
Other Income	67	47	42.6%	24	NA
Profit before tax	1,137	1,078	5.5%	921	23.5%
Tax	294	279	5.4%	231	27.3%
Profit After Tax	843	799	5.5%	690	22.2%
Adj. Profit After Tax	868	806	7.7%	709	22.4%
PAT Margins (%)	16.48%	15.94%	54 Bps	15.22%	126 Bps
Adj. PAT Margins (%)	16.97%	16.08%	89 Bps	15.64%	133 Bps
Other Comprehensive income for the year	(1)	2	NA	0	NA
Total Comprehensive Income for the year	842	801	5.1%	690	22.0%
Earning per equity share (nominal value of share Rs 10) – Diluted	5.24	5.01	4.6%	4.37	19.9%

EBITDA and PAT adjusted for ESOP/Share based payment to employees and non-operating IPO related expenses written off in FY20

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HISTORICAL FINANCIAL OVERVIEW

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Historical Consolidated Income Statement

Particulars (All figures in INR Mn)	FY19	FY20	FY21	FY22	FY23
Operating Income	11,462	13,832	13,061	15,897	19,147
Expenses	9,482	11,293	10,125	11,900	13,770
Operating EBITDA	1,980	2,539	2,936	3,997	5,377
Adj. EBITDA	1,870	2,640	3,040	4,080	5,510
EBITDA Margins (%)	17.27%	18.36%	22.48%	25.14%	28.08%
Adj. EBITDA Margins (%)	16.31%	19.09%	23.27%	25.66%	28.78%
Finance costs	74	73	82	144	196
Depreciation and amortisation expense	537	566	635	918	1,318
Other Income	131	50	158	79	147
Profit before tax	1,499	1,951	2,378	3,014	4,010
Tax	538	604	692	774	1,038
Profit After Tax	961	1,347	1,685	2,240	2,972
Adj. Profit After Tax	1,010	1,440	1,700	2,290	3,040
PAT Margins (%)	8.38%	8.21%	12.89%	14.09%	15.52%
Adj. PAT Margins (%)	8.81%	10.41%	13.02%	14.41%	15.88%
Other Comprehensive income for the year	(1)	(11)	(1)	4	4
Total Comprehensive Income for the year	960	1,336	1,684	2,244	2,976
Earning per equity share (nominal value of share Rs 10) – Diluted	6.33	8.87	11.09	14.33	18.67

EBITDA and PAT adjusted for ESOP/Share based payment to employees and non-operating IPO related expenses written off in FY20

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Historical Consolidated Balance Sheet ~~Historical Consolidated Balance~~

(All figures in INR Mn)	FY21	FY22	FY23	(All figures in INR Mn)	FY21	FY22	FY23
~~Sheet~~ Assets Non-current assets Property, plant and equipment Capitalwork-in-progress	1,897 227	3,470 436	4,697 203	Equityshare capital Other equity Total equity attributable to equity holders	1,480 8,365 9,845	1,531 11,030 12,561	1,544 14,081 15,625
Right-of-use assets	1,211	1,800	1,826	Liabilities
Goodwill	2,034	2,061	2,061	Non-current liabilities
Other Intangible assets	190	173	109	Financial liabilities
Intangible assets under development	5	1	0	Lease liabilities Provisions	945 191	1,468 201	1,528 211
Financial assets				Other Liabilities	-	9	6
Investments Other financialassets	0 259	0 331	338 319	Total of Non-current liabilities	1,136	1,678	1,745
Deferred tax assets(net)	248	304	369	Current liabilities
Income tax assets(net)	99	226	196	Financial liabilities
Other non-current assets	146	210	112	Lease liabilities	321	461	505
Total of Non-current assets	6,315	9,012	10,230	Trade Payables
Current assets Inventories	895	635	742	Dues of micro enterprises and smallenterprises Dues of creditors other than	45	80	52
Financial assets Investments	1,123	1,235	2,455	micro enterprises and small enterprises	3,016	2,379	2,200
Trade receivables	5,007	4,993	5,260	Other financial liabilities	1,410	1,066	597
Cash and cash equivalents	1,335	643	963	Provisions	29	36	32
Bank balances other than above	610	774	599	Other current liabilities	315	296	256
Other financial assets	41	276	30	Income tax liabilities (net)	-
Other current assets	792	989	733	Total of Current liabilities	5,137	4,318	3,642
Total of Current assets Total Assets	9,803 16,118	9,545 18,557	10,782 21,012	Total Liabilities Total Equity& Liabilities	6,273 16,118	5,996 18,557	5,387 21,012

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	~~Historical Consolidated Cash Flow~~ (All figures in INR Mn) FY21 FY22 FY23 (All figures in INR Mn) FY21 Historical Consolidated Cash Flow Statement						FY22	FY23
	~~Statement~~ Cash flow from operating activities: Profitbeforetax Adjustments to reconcile profit before tax to net cash flow: Depreciation and amortisation on Property, plant and equipment and Intangible asset Depreciation on Right-of-use assets Unrealised foreign exchange (gain) / loss Lease rent concession Impairment allowance for bad and doubtful receivables and deposits	2,378 413 221 (3) (20) 206	3,014 581 338 (1) (2) 595	4,010 899 419 (1) (3) 848	Cash flow from investingactivities Proceeds from sale of property, plant and equipment Purchase of property, plant and equipment, Intangible assets (including CWIP and capital advances) Purchase consideration paid on acquisition of business Investment in mutual funds	49 (551) - (3,356)	7 (2,840) - (8,304)	20 (1,933) - (11,578)
	Advances writtenoff	-	-	-	Proceeds from redemption of mutual funds	2,812	8,217	10,400
	Bad debts written off	223	204	137	Loangiven to Others	-	(144)	-
	Debit balance written off	1	21	-	Investment in deposits with banks	(2,522)	(844)	(1,072)
	(Profit) on disposal of property, plant and equipment (net) Sundry balances written back	(1) (53)	(5) (8)	(11) (20)	Proceeds from maturity of deposits with banks (including interest)	2,075	646	937
	Impairment for doubtful claims receivables Bad debts written back	- -	8 -	4 -	Net cash flow (used in) / from investing activities	(1,493)	(3,262)	(3,226)
	Insurance claims receivables written off	1	14	12
	Finance income Profit on sale of current investments Net change in fair value of current investments measured at FVTPL	(53) (8) (4)	(33) (20) (4)	(70) (30) (12)	Cash flows from financingactivities Proceeds from Issue of EquityShares Dividendpaid	- (363)	637 (226)	157 (154)
	Employee stock option compensation cost	19	61	93	Finance costs	(9)	(0)	-
	Finance costs	82	144	196	Finance costs on lease liability	(73)	(144)	(184)
	Operating profit beforeworking capitalchanges Movement in working capital	3,402	4,907	6,471	Payment of principal portion of lease liabilities	(172)	(262)	(341)
	Increase / (Decrease) in trade payables and other liabilities	282	(421)	(824)	Net cash flow(used in)financingactivities	(617)	5	(522)
	Increase / (Decrease) in provisions	1	21	12
	(Increase) in inventories (Increase) in trade receivables	(464) (950)	265 (724)	(107) (1,252)	Net (decrease) / increase in cash and cash equivalents	(256)	(692)	320
	(Increase) / Decrease in other assets and prepayments Cash flowgeneratedfromoperations	152 2,423	(507) 3,541	853 5,153	Cash and cash equivalents at the beginning of the year	1,591	1,335	643
	Direct taxes paid (net of refunds) Net cash flow from operatingactivities	(569) 1,854	(976) 2,565	(1,085) 4,068	Cash and cash equivalents at the end of the year	1,335	643	963
								26

Strong Growth Track Record And Resilience During Covid-19 Period

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Revenue Adj. EBITDA Adj. PAT [(1)]
(INR Mn) (INR Mn) (INR Mn)
19,147 3,040
469 5,510
15,897
13,832 413 6,111 2,290
434 13,061459 4,896 4,080
3,622 1,700 17.01%
3,641 3,040 1,440 15.88%
2,640 14.41%
28.78% 29.60% 13.02%
9,776 8,961 10,588 12,567 5,1161,642 181 19.09% 23.27% 25.66% 1,515 10.41% 868
3,292
FY20 FY21 FY22 FY23 Q1-FY24 FY20 FY21 FY22 FY23 Q1-FY24
FY20 FY21 FY22 FY23 Q1-FY24
Cash Mgmt. Services Managed Services Cards Serv.
Net Cash Flow From Operating [(2)] Net Worth Return On Equity
(INR Mn) (INR Mn)
15,625
4,068 12,561 20.0% 21.1%
18.4%
16.9%
9,845
8,504
2,565
2,142
1,854
FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23
11% CAGR (FY20-23)
24% CAGR (FY20-23)
23% CAGR (FY20-23)
28% CAGR (FY20-23) 28% CAGR (FY20-23)
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EBITDA and PAT adjusted for ESOP/Share based payment to employees and non-operating IPO related expenses written off in FY20

(1) PAT margin has been calculated as PAT / Total income (Revenue from operations + Other income) (2) Higher inventory of ATM equipment (due to more orders in hand & Covid-19 induced delay in installations) resulted in lower cash flow in FY21

27

Capital Market Information (BSE - CMSINFO | 543441, NSE – CMSINFO)

Share Price Movement (Up to 30[th] June, 2023)

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45.00%
35.00%
25.00%
15.00%
5.00%
-5.00%
-15.00%
-25.00%
Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
CMS BSE Sensex BSE Small Cap
Share Price Data Shareholding Pattern (30 [th] June, 2023)
(As on 30 [th] June, 2023) Mutual Funds
19.0%
Face value (INR) 10.0
AIF 2.0%
Market Price (INR) 369.00
FII 15.3%
52 Week H/L (INR) 375.00/225.45 Promoters
46.5%
Market Cap (INR Mn) 56,973.6 (Barings Private
Equity Asia)
Equity Shares Outstanding (Mn) 154.40 Others 17.3%
Avg. trading volume (‘000) 540.09
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Disclaimer

CMS Info Systems Limited Disclaimer:

No representation or warranty, express or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management of CMS Info Systems Limited (CMS), which are expressed in good faith and in their opinion reasonable, including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment.

Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements, including future changes or developments in the Company’s business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forwardlooking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments.

This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered or sold in the United States, without registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from registration there from.

This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner.

Valorem Advisors Disclaimer:

Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review.

For further details, please feel free to contact our Investor Relations Representatives:

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Mr. Anuj Sonpal Valorem Advisors Tel: +91-22-4903-9500 Email: cms@valoremadvisors.com

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THANK YOU

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