CMS Info Systems Limited (CMSINFO) Earnings Call Transcripts

CMS Info Systems Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, CMS Info Systems Limited reported total revenue of INR 633 crores, reflecting a 2.4% year-on-year growth, while services revenue grew 6% to INR 609 crores. The company faced significant headwinds throughout the fiscal year, leading to a total revenue growth of only 3% for FY '26. Management has set ambitious revenue targets for FY '27, aiming for total revenue between INR 2,800 crores and INR 2,900 crores, indicating a growth of 13% to 17%. They also reported a margin recovery, with EBITDA margins improving to 25% in the upcoming fiscal year, despite ongoing inflationary pressures.

Reported metrics

Guidance from management

Management has set a revenue target for FY '27 of INR 2,800 crores to INR 2,900 crores, indicating a growth of 13% to 17%. They aim to achieve an EBITDA margin of 25% despite potential inflationary pressures.

What management said

I think the industry gets together at these moments to discuss with the key clients. Again, it's really [ relationship ] from the value of drive. So some of it is some of -- I don't think it's directly linked to headline inflation. I think either is linked to our contractual terms or negotiations which are logically based and where the ground reality is. The private sector engagements, it is far different than it wil...

So during the year, we have done around INR 350 crores of the CapEx. And as well as the Securens, we have already added. So related to that, the depreciation has increased from INR 54 crores to INR 59 crores.

What analysts pressed on

Analysts expressed concerns regarding the ambitious revenue guidance for FY '27, particularly in light of the previous year's challenges. They questioned the sustainability of margin improvements and the impact of inflation on operational costs.

Main topics on the call

• Revenue Impact from External Factors — Management highlighted that FY '26 was adversely affected by multiple external factors, including a prolonged adverse climate cycle and geopolitical issues, which collectively impacted revenue by INR 150 crores. CEO Raji...
• Margin Recovery — CMS reported a significant margin recovery in Q4, with EBITDA margins increasing by 280 bps to 19%. Management aims to achieve a 25% EBITDA margin in FY '27, despite potential inflationary pressures. "We will look to mai...
• Acquisitions and Market Positioning — The company successfully completed two acquisitions in FY '26, enhancing its capabilities in the Vision AI segment and Managed Services. The acquisition of FSS is expected to be accretive in FY '27, allowing CMS to conso...
• Future Revenue Guidance — Management has set a revenue target of INR 2,800 crores to INR 2,900 crores for FY '27, representing a growth of 13% to 17%. This guidance reflects confidence in new contracts and a recovery in the ATM market, with Kaul ...

Read the full CMS Info Systems Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 17 CMS Info Systems Limited earnings call transcripts on record, spanning February 7, 2022 to August 11, 2026. Based on this history, CMS Info Systems Limited reports quarterly. The most recent call on file is dated August 11, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CMSINFO

Exchange

NSEI

Country

IN

Sector

Industrials

Industry

Commercial Services and Supplies

Calls on record

17

First call

February 7, 2022

Most recent

August 11, 2026

Reporting cadence

quarterly