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Computer Age Management Services Limited — Interim / Quarterly Report 2021
May 25, 2021
61773_rns_2021-05-25_ee0549fd-a39a-407a-9364-71e54546fb3c.pdf
Interim / Quarterly Report
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25[th] May 2021
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BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th floor, Plot No. C/1, Dalal Street G Block, Bandra Kurla Complex, Bandra Mumbai 400 001 (East), Mumbai 400 051
Scrip Code: 543232 Trading Symbol : CAMS
Dear Sirs / Madam,
Sub: Presentation of the Standalone and Consolidated Financial Data for the quarter and financial year ended 31[st] March 2021
Please find enclosed presentation of the Standalone and Consolidated Financial Data for the quarter and financial year ended 31st March 2021.
The Company has scheduled an Earnings call on May 26, 2021 at 1100 hours IST. During this call, the Management will discuss the company’s financial performance for the quarter and financial year ended 31st March 2021. The details of the said earnings conference call have been filed with the Exchange and is also available on the website of the Company.
The attached presentation will be used in the earnings call and in the subsequent discussions with the investors.
We request you to kindly take the same on record.
Thanking you,
Yours faithfully, For Computer Age Management Services Limited
Digitally signed by G MANIKANDAN G DN: cn=G MANIKANDAN c=IN o=PersonalReason: I am the author of this document MANIKANDAN Location: Date: 2021-05-25 19:52+05:30 G Manikandan Company Secretary and Compliance Officer
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COMPUTER AGE MANAGEMENT SERVICES LIMITED FY21: Q4 Earnings Presentation
SAFE HARBOUR STATEMENT
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This Presentation, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and similar expressions or variations of these expressions or negatives of these terms indicating future performance or results, financial or otherwise, which are forward looking statements.
These forward-looking statements are based on certain expectations, assumptions, anticipated developments and other factors like risk and uncertainties regarding market growth, competition, ability to maintain and manage key customer relationship and those factors which may affect our ability to implement business strategies successfully.
The Company, therefore, cannot guarantee that the forward-looking statements made herein shall be realized. The Company does not undertake any obligation to update forward looking statements that may be made from time to time by or on behalf of the Company to reflect the events or circumstances after the date hereof.
Earnings Presentation
PRESENTERS
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Ram Charan SesharamanRam Charan Sesharaman
Anuj Kumar
CFO - DesignateCFO Designate
Whole time Director & Chief
Executive Officer
Somasundaram M.
Chief Financial Officer
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Earnings Presentation
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3
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Presentation Flow
Business Overview
Business Highlights Page No:06
AAuM Q4 – MF industry & CAMS Page No:07
Operational Metrics Q4 Page No:08
AAuM 12M – MF industry & CAMS Page No:09
Operational Metrics 12M Page No: 10
Financials
Financials Highlights Page No:12 - 17
Consolidated Statements Page No:18 - 24
Standalone statements Page No:25 - 27
About CAMS
Business at a Glance Page No:28 - 29 Mutual Fund Services Business Page No:30 - 33
Non Mutual Fund Services Business Page No:34 - 37
Governance/ Management Team Page No: 38 - 40
Appendix
Corporate Structure Page No:42
History / Milestones Page No:43
Awards &Accolades Page No:44 Shareholding Page No:45
Glossary Page No:46
Earnings Presentation
BUSINESS OVERVIEW
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BUSINESS HIGHLIGHTS
Q4 FY21 Transaction volume touched historic high of 17.2 Mn* investor & distributor-initiated transactions OTP based Aadhaar eKYC launched to facilitate digital onboarding of MF investors. edge360 Mobile App launched to enable distributors serve investors on the go
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myCAMS touched 4 million registered user milestone
Letter of intent signed up with 15 entities for CAMSFinserv Account Aggregator business
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Certificate of Registration obtained for CRA business. Platform development commenced
CAMSPay Payment aggregator Services strengthened – integrated with more banks for direct credit banks
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Investor Satisfaction Survey[**] indicated 95% of investors being very satisfied or satisfied with services offered by CAMS
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Innovation Sandbox for Fin Techs launched
Indeevar Krishna – Chief Platform Officer and Neeraj Lal – Chief Risk Officer inducted into the Senior Management team
- Transactions not including SIP trigger ; **Investor Satisfaction Survey carried out in March 2021. Earnings Presentation
MUTUAL FUND INDUSTRY & CAMS AAUM – Q4
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Growth Equity Asset
18.9% 21.0%
Industry AAuM
Over PY Q4 Over PY Q4
Rs.32.1 trillion
8.1% 1 0.8.%
Over Q3 of CY Over Q3 of CY
Growth Equity Asset
19.2% 1 8.5%
AAuM Serviced by CAMS
over PY Q4 Over PY Q4
Rs. 22.3 trillion
7.3% 12.1%
over Q3 of CY Over Q3 of CY
Market Share (based on Quarterly AAuM)
69.5%
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o Net flows into equity assets turn positive in March 21
o Inflows through SIP remain steady
o Growth in total AAuM largely driven by equity and debt assets
Earnings Presentation
OPERATIONAL METRICS – Q4
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Transaction
Volume (Total)
85.9 mn
2% YoY
5% QoQ
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SIP Unique
Transactions Investors
Processed Serviced
61.5 mn 16.6 mn
4% YoY 5% YoY
Live Investor
5% QoQ 2% QoQ
Folios
40.4 mn (as on
31 [st] March 2021)
3% YoY
1% QoQ
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Earnings Presentation
MUTUAL FUND INDUSTRY & CAMS AAUM – 12 MONTHS
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8.6% 10.1% 1.3%
CAMS Serviced
Industry AAuM AAuM Market Share
28.5 trillion
20.0 trillion 70.1%
Industry CAMS
Equity AAuM Equity AAuM
4.0% 1.3%
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Earnings Presentation
9
OPERATIONAL METRICS – 12 MONTHS
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323.4 mn 237.1 mn 16.6 mn
Transaction SIP Unique
Volume Transactions Investors
Serviced
21.5 mn 40.4 mn
SIP Book Live Investor
Folios [1]
1.5% 6.8% YoY 0.2% 2.7% 4.8%
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Note: 1. Live Investor Folios as of 31[st] March 2021
Earnings Presentation
10
FINANCIALS
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11
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REVENUE HIGHLIGHTS – Q4
14.3% YoY
Revenue ₹1,998 mn
7.4% QoQ
Asset Non-Asset Non-MF
18.5% YoY 20.9% YoY 15.9% YoY
Based Based Revenue
Revenue 7.4% QoQ Revenue 2.2% QoQ 16.4% QoQ
Asset Mix Equity component : remain same @ 35 % YoY and up 1% QoQ
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Earnings Presentation
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12
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FINANCIALS Q4
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PAT
Return on
601 million
Net-Worth
39.6% YoY
46.6%
6.6% QoQ
PBT
Operating
809 million
EBITDA
19.8% YoY
41.8%
7.0% QoQ
Margin expansion partly due to reduced revenue from low margin businesses
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- Return on Net-worth – PAT/Period end Net-worth ** Includes Bank balances, Fixed deposit & Investment in MF / Excludes money held in trust (ECS, NPS & Stamp duty collection a/c & Money in unpaid dividend a/c.)
Earnings Presentation
13
REVENUE HIGHLIGHTS 12 MONTHS
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8.4%
24.7%
Asset Based Fee
Non-MF Fee
₹7,055 mn
Revenue from 12.6% 90.3%
Operations Non-asset MF Share of
~ 1% Based Fee Operating
Revenue
Asset based fee impacted by unfavorable asset mix – equity component @ 34% against 37% in PY; offset by higher debt
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Earnings Presentation
FINANCIALS: FY 12 MONTHS
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2,745 mn 38.7%
Operating
EBITDA
11.2%
PBT
Return on
19.4%
Net-worth
PAT
2,053 mn 39.8%
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Cash & Cash Equivalent as on 31[st] Mar’21 : Rs. 331 Crores
Earnings Presentation
DIVIDEND PER SHARE
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₹25.60
₹7.90 Special ₹7.60
1 [st] Interim 2 ₹3.25 [nd] Interim Dividend –3 [rd] Interim 4 ₹6.75 [th] Interim 5 [th] Interim ₹11.84
Final
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Earnings Presentation
Consolidated Financial Hi hli hts – Yearl g g y
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In INR Mn In INR Mn
Total Revenue
OP.EBITDA & OP. EBITDA Margin
750073007100 1.3% 2.0% 20.0%10.0% 28002700 37.4% 38.7% 40.0%39.0%38.0%
6900 7.6% 0.0% 2600 36.6% 37.0%
6700 2500 36.0%
6500 -10.0% 2400 35.0%
6300 2300 34.0%
-20.0%
6100 33.0%
5900 -30.0% 2200 31.4% 32.0%
5700 6614 7117 7209 7353 2100 2350 2179 2615 2727 31.0%
5500 -40.0% 2000 30.0%
FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21
OP.EBITDA OP.EBIDA Margin (%)
Total Revenue Revenue Growth(%)
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In INR Mn In INR Mn
28002700 PBT & PBT Margin 37.3% 39.0% 2100 PAT & PAT Margin 27.9% 29.0%
37.0% 2000
2600 35.1% 27.0%
2500 34.2% 35.0% 1900
2400 1800 23.8% 25.0%
33.0%
2300 1700 22.6% 23.0%
2200 29.1% 31.0% 1600
21002000 29.0% 15001400 19.0% 21.0%
27.0% 19.0%
1900 2319 2073 2468 2745 1300 1497 1352 1719 2053
1800 25.0% 1200 17.0%
FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21
PBT PBT Margin (%) PAT PAT Margin (%)
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Earnings Presentation
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FY21 Q4 CONSOLIDATED P&L
| Computer Age Management Services Ltd Statement of Consolidated Financial Results For theQuarter & Year Ended 31st March 2021 (Particulars (Rs in lakhs) Quarter ended Financial Year ended 31 March 2021 31 Dec 2020 31 March 2020 31 March 2021 31 March 2020 I Revenue from operations 19,977.27 18,595.34 17,476.53 70,549.58 69,962.99 II Other income 416.27 639.10 367.08 2,975.87 2,124.25 III Total revenue 20,393.54 19,234.44 17,843.61 73,525.45 72,087.24 IV Expenses Employee benefits expense 7,107.85 6,432.89 6,397.36 26,236.20 25,802.25 Finance costs 174.63 185.78 243.08 790.40 972.39 Depreciation and amortisation expense 1,059.75 1,075.83 1,317.63 4,341.32 5,125.08 Operatingexpenses 1,990.44 2,303.23 1,507.04 7,679.08 8,670.20 Other expenses 1,974.30 1,677.40 1,630.77 7,032.94 6,833.50 Total expenses 12,306.97 11,675.13 11,095.88 46,079.94 47,403.42 V Profit before tax 8,086.58 7,559.31 6,747.73 27,445.51 24,683.82 VI Tax expense: Current tax 2,584.39 1,661.66 1,786.55 7,439.68 6,542.10 MAT credit written off - - - 342.64 Current tax expense of earlieryears 4.22 (33.43) - (29.20) - Deferred tax (514.72) 289.27 654.46 (494.10) 609.86 Net tax expense 2,073.90 1,917.50 2,441.01 6,916.37 7,494.60 VII Profit /(Loss) for theperiod 6,012.68 5,641.81 4,306.72 20,529.13 17,189.22 VIII Other Comprehensive Income Items that will not be reclassified to Profit or Loss - Remeasurements of the defined benefit liabilities / asset (26.03) (14.14) (106.24) 61.00 (132.39) Income tax relatingto items that will not be reclassified toprofit or loss 4.94 5.17 26.76 (15.35) 33.32 - Exchange differences in translatingthe financial statements of foreign operations (6.50) 4.85 4.03 (3.65) (2.09) Total Other Comprehensive Income /(Loss) (27.59) (4.12) (75.45) 42.00 (101.16) IX Total Comprehensive Income 5,985.09 5,637.70 4,231.27 20,571.13 17,088.06 |
Computer Age Management Services Ltd Statement of Consolidated Financial Results For theQuarter & Year Ended 31st March 2021 (Particulars (Rs in lakhs) Quarter ended Financial Year ended 31 March 2021 31 Dec 2020 31 March 2020 31 March 2021 31 March 2020 I Revenue from operations 19,977.27 18,595.34 17,476.53 70,549.58 69,962.99 II Other income 416.27 639.10 367.08 2,975.87 2,124.25 III Total revenue 20,393.54 19,234.44 17,843.61 73,525.45 72,087.24 IV Expenses Employee benefits expense 7,107.85 6,432.89 6,397.36 26,236.20 25,802.25 Finance costs 174.63 185.78 243.08 790.40 972.39 Depreciation and amortisation expense 1,059.75 1,075.83 1,317.63 4,341.32 5,125.08 Operatingexpenses 1,990.44 2,303.23 1,507.04 7,679.08 8,670.20 Other expenses 1,974.30 1,677.40 1,630.77 7,032.94 6,833.50 Total expenses 12,306.97 11,675.13 11,095.88 46,079.94 47,403.42 V Profit before tax 8,086.58 7,559.31 6,747.73 27,445.51 24,683.82 VI Tax expense: Current tax 2,584.39 1,661.66 1,786.55 7,439.68 6,542.10 MAT credit written off - - - 342.64 Current tax expense of earlieryears 4.22 (33.43) - (29.20) - Deferred tax (514.72) 289.27 654.46 (494.10) 609.86 Net tax expense 2,073.90 1,917.50 2,441.01 6,916.37 7,494.60 VII Profit /(Loss) for theperiod 6,012.68 5,641.81 4,306.72 20,529.13 17,189.22 VIII Other Comprehensive Income Items that will not be reclassified to Profit or Loss - Remeasurements of the defined benefit liabilities / asset (26.03) (14.14) (106.24) 61.00 (132.39) Income tax relatingto items that will not be reclassified toprofit or loss 4.94 5.17 26.76 (15.35) 33.32 - Exchange differences in translatingthe financial statements of foreign operations (6.50) 4.85 4.03 (3.65) (2.09) Total Other Comprehensive Income /(Loss) (27.59) (4.12) (75.45) 42.00 (101.16) IX Total Comprehensive Income 5,985.09 5,637.70 4,231.27 20,571.13 17,088.06 |
||||||||
|---|---|---|---|---|---|---|---|---|---|
| Computer Age Management Services Ltd | |||||||||
| Statement of Consolidated Financial Results For theQuarter & Year Ended 31st March 2021 | |||||||||
| (Particulars (Rs in lakhs) | Quarter ended | Financial Year ended | |||||||
| 31 March 2021 | 31 Dec 2020 | 31 March 2020 | 31 March 2021 | 31 March 2020 | |||||
| I | Revenue from operations | 19,977.27 | 18,595.34 | 17,476.53 | 70,549.58 | 69,962.99 | |||
| II | Other income | 416.27 | 639.10 |
367.08 |
2,975.87 |
2,124.25 |
|||
| III | Total revenue | 20,393.54 | 19,234.44 |
17,843.61 |
73,525.45 |
72,087.24 |
|||
| IV | Expenses | ||||||||
| Employee benefits expense | 7,107.85 | 6,432.89 |
6,397.36 |
26,236.20 |
25,802.25 | ||||
| Finance costs | 174.63 | 185.78 |
243.08 |
790.40 |
972.39 |
||||
| Depreciation and amortisation expense | 1,059.75 | 1,075.83 |
1,317.63 |
4,341.32 |
5,125.08 | ||||
| Operatingexpenses | 1,990.44 | 2,303.23 |
1,507.04 |
7,679.08 |
8,670.20 | ||||
| Other expenses | 1,974.30 | 1,677.40 |
1,630.77 |
7,032.94 |
6,833.50 | ||||
| Total expenses | 12,306.97 | 11,675.13 |
11,095.88 |
46,079.94 |
47,403.42 | ||||
| V | Profit before tax | 8,086.58 | 7,559.31 |
6,747.73 |
27,445.51 |
24,683.82 | |||
| VI | Tax expense: | ||||||||
| Current tax | 2,584.39 | 1,661.66 |
1,786.55 |
7,439.68 |
6,542.10 | ||||
| MAT credit written off | - | - | - | 342.64 | |||||
| Current tax expense of earlieryears | 4.22 | (33.43) |
- | (29.20) | - | ||||
| Deferred tax | (514.72) | 289.27 | 654.46 |
(494.10) |
609.86 | ||||
| Net tax expense | 2,073.90 | 1,917.50 |
2,441.01 |
6,916.37 |
7,494.60 | ||||
| VII | Profit /(Loss) for theperiod | 6,012.68 | 5,641.81 |
4,306.72 |
20,529.13 |
17,189.22 | |||
| VIII | Other Comprehensive Income | ||||||||
| Items that will not be reclassified to Profit or Loss | |||||||||
| - Remeasurements of the defined benefit liabilities / asset | (26.03) | (14.14) | (106.24) | 61.00 | (132.39) |
||||
| Income tax relatingto items that will not be reclassified toprofit or loss | 4.94 | 5.17 |
26.76 |
(15.35) |
33.32 | ||||
| - Exchange differences in translatingthe financial statements of foreign operations | (6.50) | 4.85 | 4.03 |
(3.65) |
(2.09) | ||||
| Total Other Comprehensive Income /(Loss) | (27.59) | (4.12) | (75.45) | 42.00 | (101.16) |
||||
| IX | Total Comprehensive Income | 5,985.09 | 5,637.70 |
4,231.27 |
20,571.13 |
17,088.06 |
Earnings Presentation
CONSOLIDATED BALANCE SHEET (1/2)
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| Consolidated Balance sheet as at 31st March 2021 | Consolidated Balance sheet as at 31st March 2021 | Consolidated Balance sheet as at 31st March 2021 | Consolidated Balance sheet as at 31st March 2021 |
|---|---|---|---|
| Particulars (Rs in Lakhs) | As at 31st March 2021 | As at 31st March 2020 | |
| A | Assets | ||
| 1 | Non-current assets | ||
| Property, plant and equipment | 6,524.12 | 6,525.21 |
|
| Right of use assets | 7,373.59 | 9,906.30 |
|
| Goodwill | 13,359.83 | 13,359.83 |
|
| Intangible assets | 1,144.02 | 1,107.99 |
|
| Financial Assets | |||
| - Investments | 53.07 | 53.30 |
|
| - Loans & Advances | 1,098.99 | 1,280.92 |
|
| - Other financial assets | 20 | ||
| Deferred tax assets(net) | 1,016.86 | 752.88 |
|
| Other non-current assets | 296.98 | 28.93 |
|
| Total Non-Current Assets | 30,867.46 | 33,035.36 | |
| 2 | Current assets | ||
| Financial Assets | |||
| - Investments | 23,553.66 | 30,560.50 |
|
| - Trade Receivables | 2,899.04 | 3,203.07 |
|
| - Cash and Cash Equivalents | 1,742.85 | 2,322.14 |
|
| - Bank Balances other than Cash and Cash Equivalents | 16,282.65 | 2,723.77 |
|
| - Loans & Advances | 451.03 | 64.65 |
|
| - Other Financial Assets | 126.13 | 571.15 |
|
| Current Tax Assets(Net) | 751.50 | 1,504.23 |
|
| Other Current Assets | 7,518.74 | 6,324.78 |
|
| Total Current Assets | 53,325.60 | 47,274.29 | |
| Total Assets | 84,193.05 | 80,309.65 |
Earnings Presentation
CONSOLIDATED BALANCE SHEET (2/2)
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| Consolidated Balance sheet as at 31st March 2021 | Consolidated Balance sheet as at 31st March 2021 | Consolidated Balance sheet as at 31st March 2021 | |
|---|---|---|---|
| Particulars(in Rs. Lakhs) | As at 31st March 2021 | As at 31st March 2020 | |
| B | Equity and Liabilities | ||
| 1 | Equity | ||
| Share Capital | 4,879.10 | 4,876.00 | |
| Other Equity | 46,708.07 | 50,009.64 | |
| Share application money pendingallotment | |||
| Equity attributable to owners of the Company | 51,587.17 | 54,885.64 | |
| Non-Controlling Interests | - | ||
| Total Equity | 51,587.17 | 54,885.64 | |
| 2 | Non-current liabilities | ||
| Financial Liabilities | |||
| - Other Financial Liabilities | 6,453.66 | 7,598.84 | |
| Provisions | 7,483.12 | 7,319.95 | |
| Deferred Tax Liabilities | 4.51 | 234.63 | |
| Total Non-Current Liabilities | 13,941.29 | 15,153.42 | |
| 3 | Current liabilities | ||
| Financial Liabilities | |||
| - Trade Payables | |||
| a. Total outstandingdues to micro enterprises and small enterprises | 39.28 | 68.78 |
|
| b. dues lo Others | 5,249.90 | 3,539.45 |
|
| - Other Financial Liabilities | 8,184.35 | 2,591.28 |
|
| Other Current Liabilities | 3,703.67 | 2,973.67 |
|
| Provisions | 1,462.33 | 1,097.42 |
|
| Current Tax Liabilities | 25.06 | - |
|
| Total Current Liabilities | 18,664.59 | 10,270.59 | |
| Total Liabilities | 32,605.88 | 25,424.01 | |
Total Equity and Liabilities |
84,193.06 | 80,309.65 | |
| ~~Earnings Presentation~~ ~~20~~ |
CONSOLIDATED STATEMENT OF PROFIT AND LOSS
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| Particulars (₹ mn) | Year ended | Year ended | Year ended | Year ended |
| 31-Mar-18 | 31-Mar-19 | 31-Mar-20 | 31-Mar-21 | |
| Income | ||||
| Revenue From Operations | 6,415.36 | 6,936.44 | 6,996.30 | 7,054.96 |
| Other Income | 198.34 | 180.63 | 212.43 | 297.59 |
| Total Income | 6,613.70 | 7,117.07 | 7,208.72 | 7,352.54 |
| Expenses | - | |||
| Employee benefits expense | 2,263.28 | 2,746.17 | 2,580.23 | 2,623.62 |
| Finance costs | 2.81 | 2.78 | 97.24 | 79.04 |
| Depreciation and amortization expense | 226.66 | 284.37 | 512.51 | 434.13 |
| Operatingexpenses | 940.83 | 1,058.18 | 867.02 | 767.91 |
| Other expenses | 860.84 | 952.98 | 683.35 | 703.29 |
| Total Expenses | 4,294.42 | 5,044.48 | 4,740.34 | 4,607.99 |
| - | ||||
| Profit/(loss) before exceptional items and tax | 2,319.28 | 2,072.59 | 2,468.38 | 2,744.55 |
| Exceptional Items | - | - | - | |
| Profit/(loss) before tax | 2,319.28 | 2,072.59 | 2,468.38 | 2,744.55 |
| Current Tax | 851.47 | 764.34 | 654.21 | 743.97 |
| Deferred tax(includingMAT credit entitlement) | (29.35) | (43.53) | 95.25 | (52.33) |
| Net Tax expense /(benefit) | 822.12 | 720.81 | 749.46 | 691.64 |
| Profit/(loss) for theyear | 1,497.16 | 1,351.78 | 1,718.92 | 2,052.91 |
| Earnings per share(In ₹): | ||||
| Basic | 30.7 | 27.61 | 35.24 | 42.08 |
| Diluted | 30.7 | 27.61 | 35.21 | 41.93 |
Note: Ind AS 116 became effective from 1[st] April 2019; FY 19-20 and FY 20-21 are with AS 116 impact. Earnings Presentation
21
CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES
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| Particulars (₹ mn) | As at March 31, 2018 | As at March 31, 2019 | As at March 31, 2020 | As at March 31, 2021 |
|---|---|---|---|---|
| Non-Current Assets | ||||
| Property, Plant and Equipment | 700.37 | 710.28 | 652.52 | 652.41 |
| Right To Use Asset | 990.63 | 737.36 |
||
| Intangible Assets | 1465.76 | 1518.32 | 1,446.78 | 1,450.38 |
| Financial Assets | ||||
| - Investments | 20.33 | 20.41 | 5.33 | 5.31 |
| - Loans | 134.75 | 125.75 | 128.09 | 109.90 |
| - Others | - | - | 2.00 | - |
| Deferred Tax Assets(Net) | 103.55 | 147.08 | 75.29 | 101.69 |
| Other Non-Current Assets | 123.67 | 44.45 | 2.89 | 29.70 |
| Total Non-Current Assets | 2,548.43 | 2,566.29 | 3,303.54 | 3,086.75 |
| Current Assets | ||||
| Financial Asset | ||||
| - Investments | 2,161.31 | 2,304.98 | 3,056.05 | 2,355.37 |
| - Trade Receivables | 225.06 | 269.70 | 320.31 | 289.90 |
| - Cash and Cash Equivalents | 73.95 | 48.61 | 232.21 | 174.29 |
| - Bank Balances other than Cash and Cash Equivalents | 202.61 | 386.42 | 272.38 | 1,628.26 |
| - Loans | 4.22 | 6.69 | 6.46 | 45.10 |
| - Other Financial Assets | 1.58 | 3.70 | 57.12 | 12.61 |
| Current Tax Assets(Net) | - | - | 150.42 | 75.15 |
| Other Current Assets | 712.51 | 805.65 | 632.48 | 751.87 |
| Total Current Assets | 3,381.24 | 3,825.75 | 4,727.43 | 5,332.56 |
| Total Assets | 5,929.67 | 6,392.04 | 8,030.97 | 8,419.31 |
Note: Ind AS 116 became effective from 1[st] April 2019; FY 19-20 and FY 20-21 are with AS 116 impact.
Earnings Presentation
22
CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES (CONT’D.)
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| Particulars (₹ mn)7 | As at March 31, 2018 | As at March 31, 2019 | As at March 31, 2020 | As at March 31, 2021 |
|---|---|---|---|---|
| Equity | ||||
| Share Capital | 487.6 | 487.6 | 487.60 | 487.91 |
| Other Equity | 4,010.22 | 4,029.88 | 5,000.96 | 4,670.81 |
| Share application moneypendingallotment | ||||
| Non ControllingInterest | 77.51 | 82.95 | - | |
| Total Equity | 4,575.33 | 4,600.43 | 5,488.56 | 5,158.72 |
| Non Current Liabilities | ||||
| Financial liabilities | ||||
| Other Financial Liabilities | - | - | 759.88 | 645.37 |
| Provisions | 567.08 | 712.54 |
732.00 |
748.31 |
| Deferred Tax Liabilities | - | - | 23.46 | 0.45 |
| Total Non Current Liabilities | 567.08 | 712.54 |
1,515.34 |
1,394.13 |
| Current Liabilities | ||||
| Financial liabilities | ||||
| Trade Payables | ||||
| a. Total outstanding dues to micro enterprises and small enterprises | 1.77 | 3.45 | 6.88 | 3.93 |
| b. dues to Others | 346.79 | 355.92 | 353.95 | 524.99 |
| Other financial liabilities | - | - | 259.13 | 818.43 |
| Provisions | 79.46 | 170.87 | 109.74 | 146.23 |
| Current Tax Liabilities(Net) | 11.31 | 19.08 | - | 2.51 |
| Other Current Liabilities | 347.93 | 529.76 | 297.37 | 370.37 |
| Total Current Liabilities | 787.26 | 1079.08 | 1,027.06 | 1,866.46 |
| Total Liabilities | 1,354.34 | 1,791.62 | 2,542.40 | 3,260.59 |
| Total Equity and Liabilities | 5,929.67 | 6,392.05 | 8,030.97 | 8,419.31 |
Note: Ind AS 116 became effective from 1[st] April 2019; FY 19-20 and FY 20-21 are with AS 116 impact.
Earnings Presentation
23
CONSOLIDATED CASH FLOW SUMMARY
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| Particulars (Rs. in lakhs) | For the year ended | For the year ended |
|---|---|---|
| 31st Mar 2020 | 31st Mar 2021 | |
| Net cash flow from/(used in) operating activities (A) | 19,885.89 | 26,158.32 |
| Net cash flow from/(used in) investing activities (B) | (8,383.14) | 459.93 |
| Net cash flow from/(used in) financing activities (C) | (9,666.72) | -27,197.54 |
| Net increase/(decrease) in cash and cash equivalents (A+B+C) | 1,836.03 | -579.29 |
| Cash and cash equivalents at the beginning of the period | 486.11 | 2,322.14 |
| Cash and cash equivalents at the end of the period | 2,322.14 | 1,742.85 |
Earnings Presentation
24
FY21 Q4 STANDALONE P&L
| Earnings Presentation 25 Computer Age Management Services Ltd Statement of Standalone Financial Results For the Quarter & Year ended 31st March 2021 Particulars (Rs in lakhs) Quarter ended Year ended 31 March 2021 31 Dec 2020 31 March 2020 31 March 2021 31 March 2020 I Revenue from operations 18,918.76 17,957.33 16,448.79 67,375.26 66,145.81 II Other income 329.65 3,017.92 118.12 5,860.40 1,950.79 III Total revenue 19,248.41 20,975.25 16,566.91 73,235.66 68,096.60 IV Expenses Employee benefits expense 5,933.56 5,335.33 5,198.61 21,706.04 20,972.00 Finance costs 160.56 170.26 203.89 706.39 804.94 Depreciation and amortisation expense 965.51 981.46 1,184.18 3,938.86 4,594.10 Operatingexpenses 3,254.17 3,761.69 2,670.23 12,578.30 13,080.49 Other expenses 1,793.94 1,664.86 1,484.24 6,305.51 6,118.16 Total expenses 12,107.74 11,913.60 10,741.15 45,235.11 45,569.69 V Profit/(loss) before tax 7,140.67 9,061.64 5,825.76 28,000.55 22,526.91 VI Tax expense /(benefit): Current tax 2,030.80 1,417.94 1,508.85 6,309.62 5,825.88 Deferred tax (209.08) 213.49 293.96 (206.35) 293.71 Net tax expense /(benefit) 1,821.72 1,631.44 1,802.81 6,103.27 6,119.59 VII Profit /(Loss) for the period 5,318.95 7,430.21 4,022.95 21,897.28 16,407.32 VIII Other Comprehensive Income Items that will not be reclassified to Profit or Loss - Remeasurements of the defined benefit liabilities / asset (26.81) (16.08) (95.81) 46.37 (82.13) Income tax relating to items that will not be reclassified to profit or loss 6.75 4.05 24.11 (11.67) 20.67 Total Other Comprehensive Income /(Loss) (20.06) (12.03) (71.70) 34.70 (61.46) IX Total Comprehensive Income 5,298.89 7,418.18 3,951.25 21,931.98 16,345.86 * *Includes Dividend Income from Subsidiaries 2,598.25 3,852.71 701.31 |
Earnings Presentation 25 Computer Age Management Services Ltd Statement of Standalone Financial Results For the Quarter & Year ended 31st March 2021 Particulars (Rs in lakhs) Quarter ended Year ended 31 March 2021 31 Dec 2020 31 March 2020 31 March 2021 31 March 2020 I Revenue from operations 18,918.76 17,957.33 16,448.79 67,375.26 66,145.81 II Other income 329.65 3,017.92 118.12 5,860.40 1,950.79 III Total revenue 19,248.41 20,975.25 16,566.91 73,235.66 68,096.60 IV Expenses Employee benefits expense 5,933.56 5,335.33 5,198.61 21,706.04 20,972.00 Finance costs 160.56 170.26 203.89 706.39 804.94 Depreciation and amortisation expense 965.51 981.46 1,184.18 3,938.86 4,594.10 Operatingexpenses 3,254.17 3,761.69 2,670.23 12,578.30 13,080.49 Other expenses 1,793.94 1,664.86 1,484.24 6,305.51 6,118.16 Total expenses 12,107.74 11,913.60 10,741.15 45,235.11 45,569.69 V Profit/(loss) before tax 7,140.67 9,061.64 5,825.76 28,000.55 22,526.91 VI Tax expense /(benefit): Current tax 2,030.80 1,417.94 1,508.85 6,309.62 5,825.88 Deferred tax (209.08) 213.49 293.96 (206.35) 293.71 Net tax expense /(benefit) 1,821.72 1,631.44 1,802.81 6,103.27 6,119.59 VII Profit /(Loss) for the period 5,318.95 7,430.21 4,022.95 21,897.28 16,407.32 VIII Other Comprehensive Income Items that will not be reclassified to Profit or Loss - Remeasurements of the defined benefit liabilities / asset (26.81) (16.08) (95.81) 46.37 (82.13) Income tax relating to items that will not be reclassified to profit or loss 6.75 4.05 24.11 (11.67) 20.67 Total Other Comprehensive Income /(Loss) (20.06) (12.03) (71.70) 34.70 (61.46) IX Total Comprehensive Income 5,298.89 7,418.18 3,951.25 21,931.98 16,345.86 * *Includes Dividend Income from Subsidiaries 2,598.25 3,852.71 701.31 |
Earnings Presentation 25 Computer Age Management Services Ltd Statement of Standalone Financial Results For the Quarter & Year ended 31st March 2021 Particulars (Rs in lakhs) Quarter ended Year ended 31 March 2021 31 Dec 2020 31 March 2020 31 March 2021 31 March 2020 I Revenue from operations 18,918.76 17,957.33 16,448.79 67,375.26 66,145.81 II Other income 329.65 3,017.92 118.12 5,860.40 1,950.79 III Total revenue 19,248.41 20,975.25 16,566.91 73,235.66 68,096.60 IV Expenses Employee benefits expense 5,933.56 5,335.33 5,198.61 21,706.04 20,972.00 Finance costs 160.56 170.26 203.89 706.39 804.94 Depreciation and amortisation expense 965.51 981.46 1,184.18 3,938.86 4,594.10 Operatingexpenses 3,254.17 3,761.69 2,670.23 12,578.30 13,080.49 Other expenses 1,793.94 1,664.86 1,484.24 6,305.51 6,118.16 Total expenses 12,107.74 11,913.60 10,741.15 45,235.11 45,569.69 V Profit/(loss) before tax 7,140.67 9,061.64 5,825.76 28,000.55 22,526.91 VI Tax expense /(benefit): Current tax 2,030.80 1,417.94 1,508.85 6,309.62 5,825.88 Deferred tax (209.08) 213.49 293.96 (206.35) 293.71 Net tax expense /(benefit) 1,821.72 1,631.44 1,802.81 6,103.27 6,119.59 VII Profit /(Loss) for the period 5,318.95 7,430.21 4,022.95 21,897.28 16,407.32 VIII Other Comprehensive Income Items that will not be reclassified to Profit or Loss - Remeasurements of the defined benefit liabilities / asset (26.81) (16.08) (95.81) 46.37 (82.13) Income tax relating to items that will not be reclassified to profit or loss 6.75 4.05 24.11 (11.67) 20.67 Total Other Comprehensive Income /(Loss) (20.06) (12.03) (71.70) 34.70 (61.46) IX Total Comprehensive Income 5,298.89 7,418.18 3,951.25 21,931.98 16,345.86 * *Includes Dividend Income from Subsidiaries 2,598.25 3,852.71 701.31 |
|||||||
|---|---|---|---|---|---|---|---|---|---|
| Computer Age Management Services Ltd | |||||||||
| Statement of Standalone Financial Results For the Quarter & Year ended 31st March 2021 | |||||||||
| Particulars (Rs in lakhs) | Quarter ended | Year ended | |||||||
| 31 March 2021 | 31 Dec 2020 | 31 March 2020 | 31 March 2021 | 31 March 2020 | |||||
| I | R | evenue from operations | 18,918.76 | 17,957.33 | 16,448.79 | 67,375.26 | 66,145.81 | ||
| II | O | ther income * | 329.65 | 3,017.92 | 118.12 | 5,860.40 | 1,950.79 | ||
| III | T | otal revenue | 19,248.41 | 20,975.25 | 16,566.91 | 73,235.66 | 68,096.60 | ||
| IV | Expenses | ||||||||
| Employee benefits expense | 5,933.56 | 5,335.33 |
5,198.61 |
21,706.04 |
20,972.00 |
||||
| Finance costs | 160.56 | 170.26 |
203.89 |
706.39 |
804.94 |
||||
| Depreciation and amortisation expense | 965.51 | 981.46 |
1,184.18 |
3,938.86 |
4,594.10 |
||||
| Operatingexpenses | 3,254.17 | 3,761.69 |
2,670.23 |
12,578.30 |
13,080.49 |
||||
| Other expenses | 1,793.94 | 1,664.86 |
1,484.24 |
6,305.51 |
6,118.16 |
||||
| Total expenses | 12,107.74 | 11,913.60 | 10,741.15 | 45,235.11 | 45,569.69 | ||||
| V | Profit/(loss) before tax | 7,140.67 | 9,061.64 | 5,825.76 | 28,000.55 | 22,526.91 | |||
| VI | Tax expense /(benefit): | ||||||||
| Current tax | 2,030.80 | 1,417.94 |
1,508.85 |
6,309.62 |
5,825.88 |
||||
| Deferred tax | (209.08) | 213.49 | 293.96 |
(206.35) |
293.71 | ||||
| Net tax expense /(benefit) | 1,821.72 | 1,631.44 | 1,802.81 | 6,103.27 | 6,119.59 | ||||
| VII | Profit /(Loss) for the period | 5,318.95 | 7,430.21 | 4,022.95 | 21,897.28 | 16,407.32 | |||
| VIII | Other Comprehensive Income | ||||||||
| Items that will not be reclassified to Profit or Loss | |||||||||
| - Remeasurements of the defined benefit liabilities / asset | (26.81) | (16.08) | (95.81) | 46.37 | (82.13) |
||||
| Income tax relating to items that will not be reclassified to profit or loss | 6.75 | 4.05 |
24.11 |
(11.67) |
20.67 | ||||
| Total Other Comprehensive Income /(Loss) | (20.06) | (12.03) | (71.70) | 34.70 | (61.46) |
||||
| IX | Total Comprehensive Income | 5,298.89 | 7,418.18 | 3,951.25 | 21,931.98 | 16,345.86 | |||
| * | Includes Dividend Income from Subsidiaries | 2,598.25 | 3,852.71 | 701.31 |
STANDALONE BALANCE SHEET (1/2)
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| Particulars (Rs in Lakhs) | Particulars (Rs in Lakhs) | As at 31st March 2021 | As at 31st March 2020 |
|---|---|---|---|
| A | Assets | ||
| 1 | Non-current assets | ||
| Property, plant and equipment | 6,421.17 | 6,398.16 |
|
| Right to use assets | 6,809.36 | 8,308.05 |
|
| Intangible assets | 1,122.47 | 1,074.72 |
|
| Financial Assets | |||
| - Investments | 22,641.42 | 19,941.65 |
|
| - Loans & Advances | 898.82 | 1,008.33 |
|
| - Other financial assets | 20.00 | ||
| Deferred tax assets (net) | 954.15 | 747.80 |
|
| Other non-current assets | 296.98 | 28.93 |
|
| Total Non-Current Assets | 39,144.36 | 37,527.64 | |
| 2 | Current assets | ||
| Financial Assets | |||
| - Investments | 13,582.68 | 19,754.63 |
|
| - Trade Receivables | 2,414.49 | 2,624.02 |
|
| - Cash and Cash Equivalents | 1,408.03 | 2,050.31 |
|
| - Bank Balances other than Cash and Cash Equivalents | 12,801.72 | 1,893.77 |
|
| - Loans and Advances | 401.15 | 57.02 |
|
| - Other Financial Assets | 233.51 | 564.22 |
|
| Current Tax Assets (Net) | 616.21 | 1,086.38 |
|
| Other Current Assets | 7,160.24 | 5,981.90 |
|
| Total Current Assets | 38,618.03 | 34,012.25 | |
| Total Assets | 77,762.39 | 71,539.89 |
Earnings Presentation
26
STANDALONE BALANCE SHEET (2/2)
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| Particulars(Rs In Lakhs) | Particulars(Rs In Lakhs) | As at 31st March 2021 | As at 31st March 2020 |
|---|---|---|---|
| B | Equityand Liabilities | ||
| 1 | Equity | ||
| Share Capital | 4,879.10 | 4,876.00 | |
| Other Equity | 42,091.89 | 44,032.62 | |
| Share Application money pending allotment | |||
| Total Equity | 46,970.99 | 48,908.62 | |
| 2 | Non-current liabilities | ||
| Financial Liabilities | |||
| - Other Financial Liabilities | 6,135.16 | 6,427.30 | |
| Provisions | 7,063.78 | 6,908.20 | |
| Total Non-Current Liabilities | 13,198.94 | 13,335.50 | |
| 3 | Current liabilities | ||
| Financial Liabilities | |||
| - Trade Payables | |||
| - Dues to MSME | 28.16 | 67.93 |
|
| - Dues to Others | 5,173.78 | 3,590.45 |
|
| - Other Financial Liabilities | 7,889.35 | 2,130.86 |
|
| Other Current Liabilities | 3,267.57 | 2,619.76 |
|
| Provisions | 1,233.59 | 886.77 |
|
| Total Current Liabilities | 17,592.46 | 9,295.78 | |
| Total Liabilities | 30,791.40 | 22,631.27 | |
| Total Equity and Liabilities | 77,762.39 | 71,539.89 |
Earnings Presentation
27
ABOUT CAMS
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CAMS – BUSINESS AT A GLANCE
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Technology-driven India’s largest registrar Services all top 5 MFs Leveraged domain financial infrastructure and transfer agent (“RTA”) and 9 of the 15 largest expertise, processes and services provider to of mutual funds (“MFs”) with MFs[1] ; 19 years average and infrastructure to mutual funds and other an aggregate market share relationship with cater to MFs, AIFs and financial institutions of 70[2] % 10 largest MF clients insurance companies Pan-India physical Established track record Marquee shareholders, Experienced network comprising 272 of delivering robust including Great Terrain management team with service centers spread financial results; Fastest (an affiliate of average work experience over 25 states and growing MF RTA with Warburg Pincus), HDFC of over 27 years in a 5 union territories high RoE and EBITDA and HDFC Bank variety of financial margins services sectors
Note: “c.” stands for approximately. 1. Based on mutual fund average assets under management managed by clients and serviced by CAMS as per AMFI. 2. Market share basis FY21 - 12 Month Average
Earnings Presentation
KEY HIGHLIGHTS
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==> picture [716 x 209] intentionally omitted <==
----- Start of picture text -----
Large and Growing Scalable
1 4
Mutual Funds Market Technology Enabled Ecosystem
Our Mission… Your Growth
Integrated Business Model
Strong Focus on
and Longstanding Client 2 5
Process and Risk Management
Relationships in MF Services
Business
Largest Infrastructure and Services Experienced Management
Provider in the Indian MF RTA 3 6 and Board and Marquee
space Shareholders
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Source / Disclaimer / Annotations Earnings Presentation
30
CAMS – MUTUAL FUND SERVICES BUSINESS
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Provides a range of technology-enabled infrastructure to mutual funds –
Involved through the life cycle of an account from account creation to processing transactions and redemption of the amount invested
Service Products Leveraged by AMCs Develop Triggered Products Business-Continuity Mechanisms
Aggregator
Manage High Volume Infrastructural Support Timely Operational
Business Enabler
of Data / Transactions Stability Launches of NFOs Integration
Extensive Data on Actionable High Capability of Innovative Product
Knowledge Partner
Investor Preferences Insights Processing Expertise Development
Mail back / Service Requests
Call Centre Front Office Transaction
Customer Care & Investor Services SMS and Account
Services Services Processing
Services Information
Recording of Recording of
Brokerage Distributor
Distributor Services Empanelled Brokerage
Computation Queries
Distributors Structures
Transaction Investor Risk
Transfer Agency Services Operations Compliance
Origination Services Management
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Earnings Presentation
31
CAMS – PROPRIETARY TECHNOLOGY PLATFORMS AND MOBILE APPLICATIONS FOR THE MUTUAL FUND BUSINESS
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CAMS has developed and implemented various technology platforms and its technology driven infrastructure and services are integral to the operations of its clients
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INVESTRAK
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Earnings Presentation
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32
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MUTUAL FUND SERVICES PROVIDED BY CAMS
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CAMS is involved through the life cycle of an account – from account creation to processing to redemption; Also provides statutory statements, transaction origination, operations, investor and distributor services, risk management services and compliance services
1 Transaction Origination and Processing Accept transaction Reconcile bank accounts; Send transaction requests from investors Initial verification of Management of KYC Transaction processing and Compute and pay confirmation to investors (both paper-based and transaction request requirements of investors payment services brokerage fees; Report and distributors electronic) effect on unit capital Front Office Back Office
2 Services to Asset Management Companies 3 Services to MF Investors 4 Services to Distributors Record keeping and management Anti-money laundering services Periodic statements and alerts Distributor help desk Reporting to govt. authorities Suspicious transaction reporting Assist with Queries / Service Requests Recording of distributors empanelled Recording & maintenance of brokerage Compliance with KYC regulations Compliance with scheme document Mail management, mail back services structures Compliance with SEBI regulations Management information reporting SMS / Online customer service Computation of various brokerage Setting up of accounts Fee computation and administration Call center to address queries Claw-back of brokerages On-boarding of intermediaries Push and pull services Addressing distributor queries
Source / Disclaimer / Annotations
Earnings Presentation
CAMS – OVERVIEW OF OTHER SERVICES
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Over the years, CAMS has leveraged its domain expertise, processes and infrastructure to diversify its service offering to cater to a variety of other financial services sectors
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o
o
Alternative
1 Investment o
Fund Services
o
Electronic
2
Payment
Collection
o
o
3
Insurance
Services
o
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Note: ACH – Automated Clearing House. ECS – Electronic Clearance Services. 1. According to CRISIL Report. 2. As of March 31, 2021. 3. Company Estimate. No industry data available 3. April 2020. Earnings Presentation
34
CAMS – OVERVIEW OF OTHER SERVICES (CONT’D.)
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Over the years, CAMS has leveraged its domain expertise, processes and infrastructure to diversify its service offering to cater to a variety of other financial services sectors
KYC Registration Agency (“KRA”) 5 Software Solutions
Note: 1. As of December 31, 2020. Earnings Presentation
35
CAMS – OVERVIEW OF OTHER SERVICES (CONT’D.)
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Over the years, CAMS has leveraged its domain expertise, processes and infrastructure to diversify its service offering to cater to a variety of other financial services sectors
Account Aggregator 7 National Pension Scheme
Note: 1. As of December 31, 2020. Earnings Presentation
36
CAMS – COMPLIANCE AND RISK MANAGEMENT ARCHITECTURE
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Relentless focus on systems and processes has allowed CAMS to become a trusted provider of services to its clients and other stakeholders
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Cyber
Compliance Security
Risk Regulatory
Assists MF clients with Management Oversight ISO 27001:2013 certification for
compliance with scheme information security systems
documentation, KYC, SEBI
regulations, etc . Provides risk management Several regulatory entities have
services to assist MF clients in oversight over different parts of
Cyber Security and Cyber
conducting diligence of their the business
Resilience Policy Implemented
Reporting to Government investors
Agencies and Regulators
Anti-Money Laundering Services Regulated by Several Authorities
(SEBI, IRDAI, RBI, MCA, etc.)
Technology Committee of
Eminent Specialists to Review
Timely Fulfilment of Regulatory Processes & Systems
Requirements without Error Suspicious Transaction Periodic Inspections and Audits by
Reporting
Various Regulatory Authorities
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Source / Disclaimer / Annotations:
Earnings Presentation
37
EXPERIENCED BOARD AND MARQUEE SHAREHOLDERS
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Marquee shareholders including Great Terrain (an affiliate of Warburg Pincus), HDFC and HDFC Bank
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Marquee Shareholders Board of Directors
Great Terrain – Dinesh Kumar
an affiliate of Mehrotra Natarajan Srinivasan
Warburg Chairman & Independent Director
Pincus Independent Director
31% stake
Vedanthachari Vijayalakshmi
Srinivasa Rangan Rajaram Iyer
Our Mission… Your
Growth Non-Executive Director Independent Director
HDFC
HDFC Narendra Ostawal Zubin Soli Dubash
Bank
Non-Executive Director Non-Executive Director
5.99% stake 3.33% stake
✔ CAMS continues to benefit from the strong capital sponsorship and professional Anuj Kumar
expertise of its shareholders Whole time Director &
CEO
✔ [[The shareholders have assisted CAMS in implementing strong corporate governance ]]
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- ✔[[The shareholders have assisted CAMS in implementing strong corporate governance ]] standards
Earnings Presentation
EXPERIENCED SENIOR MANAGEMENT TEAM
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Experienced management team, with an average work experience of 27 years and a demonstrated ability to grow and diversify the business and innovate services
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Anuj Kumar Srikanth Tanikella
M. Somasundaram S.R. Ram Charan
Whole time Director & Chief Executive Chief Operations Officer
Chief Financial Officer Chief Financial Officer - Designate
Officer (currently servicing notice period)
o Joined the company in March 2016 o Joined the company in July 2009 o Joined the company in March 2020 o Joined the company in December 2014
o Previously associated with Godrej & o Previously associated with SRF, o Previously associated with Photon o Previously associated with Accenture
Boyce, Escorts Finance, IBM India Henkel SPIC India, Pond’s India, Interactive and Reliance Jio India, Infosys BPO, Infosys
Hindustan Lever. Infocomm
Technologies
Ravi Kethana Indeevar Krishna Neeraj Lal N. Ravi Kiran
Chief Platform Officer Chief Process Officer Chief Risk Officer Head – New Businesses
o Joined the company in December 2019 o Joined the company in April 2021 o Joined the company in May 2021 o Joined the company in April 2017
o Previously associated with Tata o Previously associated with Citibank o Previously associated with Axis o Previously associated with Dharma
Consultancy Services and Wipro India, Bharti Airtel, Max Life Insurance Bank, ICICI Bank, HDFC Standard Software Solutions., Reliance Systems.
Life Insurance
Abhishek Mishra Manikandan Gopalakrishnan
Vasanth Jeyapaul Emmanuel
CEO – Insurance of CAMS Insurance Company Secretary & Compliance
Senior Vice President
Repository Services Limited Officer
o Joined the company in October 2017 o Joined the company in December 2014 o Joined the company in June 2011
o Previously associated with Indian
o Previously associated with Bennett, Railway Service of Mechanical o Previously associated with BPL,
Coleman & Co, Agenda Netmarketing Engineers, A.F. Ferguson & Co., Precot Meridian, SJK Steel Plant
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Earnings Presentation
APPENDIX
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CORPORATE STRUCTURE
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Computer Age Management Services Limited Mutual Funds Services, Alternate Investment Funds Services, Payment Services and Banking and Non-Banking Service Businesses
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100% 100% 99.99% 100%
CAMS Insurance Repository CAMS Investor Services Private CAMS Financial Information Sterling Software Private Limited
Services Limited (CIRSL) Limited (CISPL) Services Private Limited (CFISPL) (SSPL)
100%
100%
CAMS Payment Services Private
Sterling Software Deutschland
Limited
GmbH (SSDG)
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Note: 1. Currently in the process of winding down the operations of Sterling Software (Deutschland) GmbH. 2. Currently in the process of closing banking and non-banking services business. Earnings Presentation
HISTORY/MILESTONES
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• The certificate of registration was issued to our • Our Company • Our Company Company was was converted was upgraded and a • CISPL was into a public incorporated as fresh certificate • Our Company incorporated on limited Company Computer Age of registration as was issued a February 13, and received a Management Registrar to an certificate of 2012; and fresh certificate Services Private Issue and Share registration • CISPL was issued of incorporation Limited and Transfer Agent dated January a certificate of from the RoC on • Certification received a under category 31, 2007 by SEBI registration September 27, of certificate of I, dated July 22, to act as a dated June 29, • CFISPL was 2019; and Great Registration incorporation 1995, was issued depository 2012 to carry on incorporated on Terrain acquired for CRA from the RoC on by SEBI to our participant for the business as a September 26, 6.03% stake in Services May 25, 1988 Company CDSL KRA 2016 our Company
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CIRSL was issued a • Great Terrain • Listed in BSE on certificate of acquired 37.50% October 1[st] , registration dated stake in our 2020 July 31, 2013 by Company • RBI registration IRDAI to carry on for account the business as an aggregator insurance Services repository; and • Incorporation of
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Our Company • Our Company • CIRSL was CIRSL was issued a was issued a was issued a incorporated on certificate of certificate of certificate of May 12, 2011; and registration dated registration as a registration • CIRSL had received July 31, 2013 by Registrar to an dated June 1, in-principle IRDAI to carry on Issue under 2006 by SEBI to approval of IRDAI the business as an category II, act as a to carry on insurance dated December depository business as an repository; and 24, 1993 by SEBI participant for insurance • Our Company NSDL repository acquired 100% stake in SSPL, which provides technology support to our Company
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Incorporation of CAMSPay (payment aggregator services)
Earnings Presentation
AWARDS AND ACCOLADES
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o Our Company was awarded ‘Best App’ for ‘myCAMS’ app under finance category at the Global Mobile App Summit and Awards
2015 o CIRSL was awarded ‘Best Newcomer Award’ at Asia Insurance Technology Awards
o CIRSL was awarded ‘Best Service Provider’ award in ‘Feet on Street Collections’ category by ICICI Prudential Life Insurance Company Limited at
Tatva Annual Meet
2016 o Our Company was awarded SME Business Excellence Awards in mid-corporate IT and IT-enabled services category by Dun and Bradstreet and RBL
Bank Limited
o Our Company was awarded ‘Best App’ for ‘myCAMS’ app under finance category at the Global Mobile App Summit and Awards
o Our Company was awarded ‘Best use of digital media/platform’ in the mutual fund category for ‘myCAMS’ app at the Drivers of Digital Awards
2017 o Our Company was awarded ‘Best App’ for ‘myCAMS’ app under finance category at the Global Mobile App Summit and Awards
o CIRSL was awarded ‘Best Newcomer Award’ at Asia Insurance Technology Awards
o CIRSL received the Celent Award for CIRSL’s iCare services
o 20 most promising capital market solution provider
o Our Company was awarded ‘Special Mention for Use of Digital Media in the Mutual Fund Category’ for ‘GoCorp’ app at the Drivers of Digital Awards
2018 2018
o Our Company was awarded ‘Best Application of Technology’ for ‘myCAMS’ app at 4th edition of CX Strategy Summit and Awards
o CIRSL was awarded ‘Best Service Provider’ award
o CIRSL was awarded ‘OSCAR’ by TATA AIA for outstanding support in DJFM 2019
2019 o CIRSL was awarded ‘Best Service Provider’ award in ‘Mandate Registration and Insurance Repository’ category by ICICI Prudential Life Insurance
Company Limited at Tatva Annual Meet
o SSPL was awarded “20 Most Promising Capital Market Solution Providers – 2019” by CIO Review India
o Our Company was awarded “Highly Commended – Harnessing the Power of Technology” at the Adam Smith Awards Asia 2019
o SSPL was awarded for “Digital and Fintech Solutions” at the SME Business Excellence Awards 2019 by Dun & Bradstreet and RBL Bank Limited
2020
o Recognized as the Star of FinTech in Tamil Nadu (highest category recognition) by Tamil Nadu Government
2021 o CAMSPay won the prestigious FINNOVITI 2021 Award
Earnings Presentation 43
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SHAREHOLDERS’ INFORMATION
Stock Data as on 31st March 2021
Market Capitalisation Shares Outstanding 9,036 Crores 4,87,91,038
Free Float Scrip Symbol / Code 3,704.79 Crores CAMS/543232
Top Institutional Holders
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Aditya Birla Sun Life Mutual Funds
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Faering Capital India Evolving Fund
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Fidelity Investment Trust Fidelity Emerging Asia Fund
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Goldman Sachs Funds
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HDFC Bank Ltd
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HDFC Mutual Fund
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Housing Development Finance Corporation Limited
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ICICI Prudential Mutual Fund
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Shareholding Pattern (%)
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30.98%
21.00%
48.02%
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IIFL India Private Equity Fund
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SBI Life Insurance Co. Ltd
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Promoter Institutions Others
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SBI Mutual fund
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Smallcap World Fund, Inc
Earnings Presentation
GLOSSARY
| Term | Description |
|---|---|
| AAUM | Average Assets under Management |
| ACH | Automated ClearingHouse |
| Aditya Birla Capital | Aditya Birla Capital Limited |
| AIF | Alternative Investment Fund |
| AMC | Asset Management Company |
| AUM | Assets under Management |
| B2C | Business-to-Customer |
| c. | Approximately |
| CEO | Chief Executive Officer |
| DDT | Dividend Distribution Tax |
| DNS | Domain Name System |
| DSP Investment Managers | DSP Investment Managers Private Limited |
| EBITDA | Earnings before Interest, Tax, Depreciation and Amortization |
| ECS | Electronic Clearance Services |
| FI | Financial Institutions |
| FII | Foreign Institutional Investors |
| GDP | Gross Domestic Product |
| Great Terrain | Great Terrain Investment Ltd |
| HDFC | HousingDevelopment Finance Corporation |
| HDFC AMC | HDFC Asset Management CompanyLimited |
| HDFC Bank | HDFC Bank Limited |
| HNI | High Net worth Individual |
| ICICI Prudential AMC | ICICI Prudential Asset Management CompanyLimited |
| ICICI Securities | ICICI Securities Limited |
| IIT | Indian Institute of Technology |
| IRDAI | Insurance Regulatoryand Development Authorityof India |
| IT | Information Technology |
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| Term | Description |
|---|---|
| Kotak | Kotak Mahindra Capital CompanyLimited |
| Kotak Mahindra AMC | Kotak Mahindra Asset Management CompanyLimited |
| KRA | KYC Registration Agency |
| KYC | Knowyour Customer |
| MCA | Ministryof Corporate Affairs |
| MF | Mutual Fund |
| MIS | Management Information Systems |
| NACH | National Automated ClearingHouse |
| NBFC | Non BankingFinancial Company |
| NSE Investments | NSE Investments Limited |
| Nomura | Nomura Financial Advisoryand Securities(India)Private Limited |
| PAN | Permanent Account N umber |
| PAT | Profit after Tax |
| RBI | Reserve Bank of India |
| RFI | Regulated Financial Institutions |
| RM | RelationshipManager |
| RoE | Return on Equity |
| RTA | Registrar and Transfer Agent |
| SBI Fund Management | SBI Fund Management Private Limited |
| SEBI | Securities and Exchange Board of India |
| SIP | Systematic Investment Plan |
| SM | Sales Manager |
| SMS | Short Message Service |
| SSPL | SterlingSoftware Private Limited |
| TB | Terabyte |
| TER | Total Expense Ratio |
| UT | Union Territory |
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45
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Earnings Presentation
Thank You
Computer Age Management Services Limited NO.178/10 Kodambakkam High Road Ground floor, Opp. Hotel Palmgrove, Nungambakkam, Chennai - 600 034
For any queries, please write to us: [email protected]