CMS Info Systems Reports ₹599 Crore Revenue for Q1 FY25

CMS Info Systems Limited, India’s leading business services company specialising in banking logistics and technology services, has announced its financial results for Q1 FY25.

In Q1 FY 2025, the company reported a revenue of ₹599 crore, reflecting a 17% year-over-year growth. Adjusted EBITDA stood at ₹164 crore, marking an 8% year-over-year growth, while adjusted PAT reached ₹99 crore, showing a 13% year-over-year increase and achieving a margin of 16.4%. These adjustments account for ESOP expenses.

In the cash logistics segment, CMS Info Systems witnessed an 11% year-over-year growth, with business points reaching 1,40,000. The company’s Managed Services & Technology Solutions business secured new orders worth ₹200 crore, underscoring its expanding market presence.

A significant highlight for the quarter is the major win in the ALGO AIoT Remote Monitoring Solution business. CMS Info Systems secured a large unified ‘Build & Operate’ mandate for a bank branch surveillance transformation project across 2,000 locations. This project will deliver an integrated solution featuring a 24×7 centralised on-premises command and control centre, converging the bank’s tech stack with over 10 new AI and ML modules.

These strong financial and operational results reflect CMS Info Systems’ commitment to innovation and its strategic efforts to expand its service offerings and market reach, positioning the company for continued growth and success in the banking logistics and technology sectors.

Commenting on the financial performance for the quarter, the Executive Vice Chairman, Whole Time Director and CEO of CMS Info Systems, Mr Rajiv Kaul, said, “In a seasonally weak quarter, we continue to deliver strong revenue growth and maintain a high-quality margin profile. Our Managed Services & Technology Solutions business has grown 30%+ and is on track to cross ₹1000 crore revenue in FY25. Overall, we are reasonably confident of revenue growth being in the 15%-19% range to achieve our guidance of ₹2,600-2700 crore revenue for FY25.”

About CMS Info Systems Limited 

CMS Info Systems Limited (CMSINFO) is a top business services provider in India, offering logistics and technology solutions to banks, financial institutions, organised retail, and e-commerce sectors. The company operates in Cash Logistics, Managed Services, and Technology Solutions, covering areas such as ATM and Retail Cash Management, Banking Automation, ATM-as-a-Service, AIoT Remote Monitoring, Software Solutions, and Card Issuance, Management, and Personalisation.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.