According to latest reports from CNBC TV18 and Business Standard, CMS Info Systems reported a 10.6% year-on-year decline in Q1 FY27 profit to ₹83.7 crore compared with ₹93.6 crore in the year-ago period. Despite the profit decline, consolidated revenue increased 1.2% year-on-year to ₹634.7 crore from ₹627.4 crore in Q1 FY26. EBITDA rose 6.9% to ₹168.8 crore from ₹157.9 crore, with EBITDA margin improving to 26.6% in Q1 FY27 from 25.2% in the corresponding quarter last year. The company secured new orders worth around ₹500 crore during the quarter, led by an integrated managed services mandate from HDFC Bank.
According to reports from Mint, CMS Info Systems is positioning technology and payment solutions as its next major growth driver, with executive vice chairman and chief executive Rajiv Kaul targeting over 20% revenue share by FY30. The technology vertical has demonstrated strong performance with a 25-30% compound annual growth rate (CAGR) over the past five years and 15% growth in FY26. Kaul projects the segment can achieve 20% CAGR over the next 4-5 years, potentially doubling its current contribution of around ₹370 crore from its current 16% of total revenue in FY26. In the latest quarter, Managed Services & Technology Solutions revenue stood at ₹305 crore, up 18% year-on-year and 4% sequentially, though segment EBIT was impacted by lower BLA transaction revenue and higher depreciation charges.
As reported by Mint, CMS Info Systems has expanded its technology solutions beyond banking, financial services and insurance (BFSI) to include quick-service restaurants (QSR), quick commerce companies, and EV charging infrastructure providers. The company now offers AI surveillance and remote monitoring for retail outlets, warehouses, and ATMs, along with inventory and workforce management tools that help clients reconcile warehouse stock with sales receipts in real time. Under its in-house AI platform HAWKAI, the company serves more than 50,000 sites across eight sectors and 63,000 ATMs, maintaining a 36% market share in the BFSI segment. The company also secured two large public sector bank wins in its Technology & Payment Solutions business for the HAWKAI Enterprise and ALGO MVS solutions during Q1.
According to CNBC TV18, Cash Logistics revenue stood at ₹403 crore, down 3% year-on-year and up 1% sequentially in Q1 FY27. Segment EBIT stood at ₹81 crore, down 18% year-on-year and up 3% sequentially. Kaul noted that Q1 tested the industry with the sharpest currency-supply disruption in a decade, impacting ATM transaction volumes. However, the company delivered its highest-ever services revenue, up 9% with EBITDA growing 8.9% YoY and margins expanding 170 basis points sequentially, while absorbing significant cost inflation from steep minimum-wage increases in large states and higher fuel costs. The company maintains a dominant position in physical cash logistics with a 42-45% market share and management of 57-60% of all ATMs nationwide.
As reported by Mint, Kaul identified the total addressable market for the technology and payments division at ₹800-1,000 crore, leaving substantial growth potential given the unit's current revenue of around ₹200 crore. The company is expanding into retail cash management as digital-first platforms and major QSR chains make aggressive pushes into brick-and-mortar stores. Kaul emphasized that physical distribution remains the company's single biggest moat, noting that banks approach CMS first when facing challenges, giving the company a strong position to protect and defend its market position. The company's shares ended at ₹279.95, up by ₹7.00, or 2.56% on the BSE following the quarterly results announcement.
