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Buy CMS Info Systems Ltd For Target Rs. 465 - JM Financial Institutional Securities Ltd CMS Info Systems’ (CMS) 1QFY24 performance was a modest miss on revenue front, though strong margin performance led to beat on PAT (4% above JMFe). Revenue grew 13% YoY (+2% QoQ, 3% below JMFe), driven by steady growth in the cash management (CM) business (+12%YoY/flat QoQ, 2% below JMFe) and managed services revenue (12% YoY/7% QoQ, 2% below JMFe). EBITDA margin improved 150bps YoY/ 10bps QoQ (50bps above JMFe) on the back of efficiency gains and operating leverage. On the operational ...
Buy CMS Info Systems Ltd For Target Rs. 465 - JM Financial Institutional Securities Ltd
Buy CMS Info Systems Ltd For Target Rs. 465 - JM Financial Institutional Securities Ltd
Source: JM Financial Institutional Securities Ltd
28/07/2023 3:52:18 PM
CMS Info Systems gains on reporting 22% rise in Q1 consolidated net profit CMS Info Systems is currently trading at Rs. 381.35, up by 0.85 points or 0.22% from its previous closing of Rs. 380.50 on the BSE. The scrip opened at Rs. 385.05 and has touched a high and low of Rs. 392.20 and Rs. 381.00 respectively. So far 30812 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 401.05 on 17-Jul-2023 and a 52 week low of Rs. 246.65 on 25-Jul-2022. Last one week high and low of the scrip stood ...
CMS Info Systems gains on reporting 22% rise in Q1 consolidated net profit
CMS Info Systems gains on reporting 22% rise in Q1 consolidated net profit
Source: IANS
24/07/2023 12:00:16 PM
CMS completes execution of Managed Services mandate of 5200+ ATMs for Punjab National Bank  CMS Info Systems Limited (CMS), India’s leading business services company offering banking logistics and technology services, has completed the execution of ATM Managed Services of 5,200+ ATMs for Punjab National Bank (PNB) across 526 cities and towns in 26 states. The completion of this mandate makes CMS the largest ATM Managed Services provider to PNB.   The mandate includes end-to-end management of their designated ATM network through a singl...
CMS completes execution of Managed Services mandate of 5200+ ATMs for Punjab National Bank
CMS completes execution of Managed Services mandate of 5200+ ATMs for Punjab National Bank
Source: PR Agency
21/06/2023 3:19:47 PM
CMS Info Systems jumps on completing execution of Managed Services mandate of over 5200 ATMs for PNB CMS Info Systems is currently trading at Rs. 355.05, up by 7.35 points or 2.11% from its previous closing of Rs. 347.70 on the BSE. The scrip opened at Rs. 349.05 and has touched a high and low of Rs. 357.50 and Rs. 348.55 respectively. So far 74728 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 361.00 on 21-Jun-2023 and a 52 week low of Rs. 212.80 on 27-Jun-2022. Last one week high and low of the scrip stood ...
CMS Info Systems jumps on completing execution of Managed Services mandate of over 5200 ATMs for PNB
CMS Info Systems jumps on completing execution of Managed Services mandate of over 5200 ATMs for PNB
Source: Accord Fintech
21/06/2023 1:54:54 PM
India`s first cash usage report highlights cash megatrendsof FY 2023 Mumbai: CMS Info Systems Limited (CMS), India’s leading business services companyoffering banking logistics and technology services, today released the ‘CMS India Cash Vibrancy Report 2023’. The first extensive industry report on cash usage by consumers, underpinned by the company’s proprietary CMS Cash Index™ (CCI), highlights the megatrends through the period FY 2023 in comparison to FY ...
India`s first cash usage report highlights cash megatrendsof FY 2023
India`s first cash usage report highlights cash megatrendsof FY 2023
Source: PR Agency
25/05/2023 4:51:53 PM
CMS Info Systems Limited reports a 33% YoY growth in net profit in FY23 CMS Info Systems Limited, India’s leading business services company offering banking logistics and technology services, announces its annual and fourth quarter FY23 financial results today. FY23 Highlights: The company achieved revenue of INR 1,915 crore, 20% growth YoY, while the operating profit (EBITDA) grew 36% from INR 408 crore to INR 552 crore in FY23. Q4 FY23 Highlights: The company achieved revenue of INR 501 crore, 13% growth over the same quarter last year, wh...
CMS Info Systems Limited reports a 33% YoY growth in net profit in FY23
CMS Info Systems Limited reports a 33% YoY growth in net profit in FY23
Source: PR Agency
24/05/2023 5:55:55 PM
ICRA upgrades CMS Info Systems Ltd. ICRA upgrades the long-term credit rating of CMS Info Systems Limited’s (CMS) from AA to AA+. This rating upgrade factors strengthening of CMS’s credit profile, as marked by steady revenue growth, improvement in profit margins, comfortable capital structure and strong liquidity position.   Commenting on the rating revision, Mr. Rajiv Kaul – Exec VC & CEO, CMS Info Systems said “The rating upgrade is a reflection of our strong business which has...
ICRA upgrades CMS Info Systems Ltd.
ICRA upgrades CMS Info Systems Ltd.
Source: PR Agency
23/03/2023 12:26:56 PM
Buy CMS Info Systems Ltd For Target Rs.350 - JM Financial Services ‘Best in Class’ at attractive valuation CMS Info Systems (CMS), India’s largest cash management player and one of the biggest managed services providers, will be a major beneficiary of emerging industry tailwinds such as a) increase in number of ATMs (replacement/new), b) ongoing industry consolidation (top 2 players enjoy c.72% market share vs c.60%% in FY18), and c) increasing compliance requirement and, hence, better pricing scenario (price hike ~30-40%). On top of ...
Buy CMS Info Systems Ltd For Target Rs.350 - JM Financial Services
Buy CMS Info Systems Ltd For Target Rs.350 - JM Financial Services
Source: JM Financial Services Ltd
28/04/2022 12:23:06 PM
Pre Listing view on CMS Info Systems IPO By Mr. Aayush Agrawal, Swastika Investmart Ltd Below is the Pre Listing view on CMS Info Systems IPO By Mr. Aayush Agrawal, Sr. Analyst, Swastika Investmart Ltd Despite consistent growth in revenues, stable financial performance, and increasing margins, we saw a decline in FY21 which can be attributed to COVID-19.  Also as the government focuses on digital payments, a further decrease in the use and availability of cash can have an adverse effect on business activities. The risk of market volatility also needs to be...
Pre Listing view on CMS Info Systems IPO By Mr. Aayush Agrawal, Swastika Investmart Ltd
Pre Listing view on CMS Info Systems IPO By Mr. Aayush Agrawal, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
30/12/2021 4:54:46 PM
IPO Note - CMS Info System Limited By Angel One CMS Info System is India’s largest cash management company based on number of ATM points and number of retail pick-up points as of March 31, 2021. Its’ business includes installing, maintaining and managing assets and technology solutions on end-to-end outsourced basis for banks under long-term contracts. Company caters to broad set of outsourcing requirements for banks, financial institutions, and organized retail and e-commerce companies in India.   Positives: (a) Lea...
IPO Note - CMS Info System Limited By Angel One
IPO Note - CMS Info System Limited By Angel One
Source: Angel One Ltd
20/12/2021 3:25:59 PM
IPO Note - CMS Info Systems Ltd By Choice Broking Salient features of the IPO: * Backed by Baring Private Equity Asia, cash management company CMS Info Systems Ltd. (CMS), is coming up with an IPO to raise Rs. 1,100cr, which opens on 21st Dec. and closes on 23rd Dec. 2021. The price band is Rs. 205 - 216 per share. * The issue only has OFS portion, thus the company will not receive any proceeds from the IPO issue.   Key competitive strengths: * Leading player in a consolidating market with strong fundamentals ...
IPO Note - CMS Info Systems Ltd By Choice Broking
IPO Note - CMS Info Systems Ltd By Choice Broking
Source: Choice Broking
20/12/2021 12:21:56 PM
IPO Note - CMS Info Systems Ltd By Religare Broking Ltd CMS Info Systems Ltd About the Company CMS Info Systems Ltd. is India’s largest cash management company based on the number of ATM points and retail pick-up points as of March 31, 2021. They cater to a broad set of outsourcing requirements for banks, financial institutions, organized retail and e-commerce companies in India. They have a pan-India fleet of 3,965 cash vans and a network of 238 branches and offices in India as of August 31, 2021. CMS Info operates business in three s...
IPO Note - CMS Info Systems Ltd By Religare Broking Ltd
IPO Note - CMS Info Systems Ltd By Religare Broking Ltd
Source: Religare Broking Ltd
20/12/2021 11:11:34 AM