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Prices as of 8 Oct 2026 close · Not investment advice

CMS Info Systems Limited

NSE: CMSINFODiversified Commercial Services

Share price

₹213.85

-0.23% close of 9 Oct 2026

Market cap ₹3,436 CrP/E 11.8 (as of 8 Oct 2026)

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

67

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹3,436 Cr

P/E ratio

11.8

P/B ratio

1.4

ROCE

17.9%

ROE

12.7%

Dividend yield

2.4%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹388.4052-week low ₹213.85

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 1.7% over the past year, and 12.3% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 26.2% to 24.3% over the last four years.

Whether it grew faster than its sector

It grew 12.3% a year against a sector median of 9.8% — 2.5 percentage points faster.

Room to re-rate, or risk of de-rating

At 11.8× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 21.6×, across 5 companies. It is against its own five-year median of 19.4×, the 0th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
CMS Info Systems Limited — this one0%/yr11.8×—
International Gemmological Institute (India) Limited43%/yr21.6×₹0.50
WeWork India Management Limited36%/yr100.7×₹2.8
Indiabulls Limited50%/yr16.1×₹0.32
Nesco Limited11%/yr17.3×₹1.6
Leap India Limited81%/yr117.6×₹1.5

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Diversified Commercial Services), it ranks 10 of 40 on returns, 22 of 36 on growth, 22 of 40 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 17.9% on capital, ahead of 75% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1977 crore of cash from the business, spent ₹1140 crore on plant and equipment, and returned ₹487 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 9 years, about 130 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being waiting 59 days for its cash to waiting 75 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Services revenue missed the May run-rate plan after a cash-supply squeeze, while profit margin rose above the earlier guide.

Announced 10 Aug 2026 · Consolidated · Unaudited

Revenue

₹635 Cr

Revenue vs last year

+1.2%

Revenue vs last quarter

+0.3%

Net profit

₹84 Cr

Profit vs last year

-11.0%

Profit vs last quarter

+5.9%

Net margin

13.2%

EPS

₹5.10

Earnings call transcript · 11 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹3,436 Cr
Prev close
₹213.85
52w High
₹393
52w Low
₹214
Enterprise value
₹3,281 Cr
Beta
0.6
Price CAGR 1y
-43.0%
Price CAGR 3y
-16.0%
Price CAGR 5y
—
Price CAGR 10y
—

Ratios

Return on assets
9.4%
PEG ratio
5.9
P/E ratio
11.8
P/B ratio
1.4
EV / EBITDA
5.8
Industry P/E
16.8
ROCE
17.9%
ROCE 5y average
25.4%
ROE
12.7%
Debt / Equity
0.0
Interest coverage
22.3
Dividend yield
2.4%
ROE 3y average
16.0%
ROE last year
13.0%

Annual P&L

Annual revenue
₹2,487 Cr
Annual profit
₹303 Cr
Operating margin
24.0%
Net profit margin
12.2%
EBITDA margin
24.0%
Sales growth 3y
9.1%
Sales growth 5y
13.7%
Profit growth 3y
0.0%
Profit growth 5y
12.0%
EPS
₹18.4
Sales growth TTM
2.0%
Profit growth TTM
-20.0%
Dividend payout
28.0%

Quarter P&L

Sales latest quarter
₹635 Cr
Profit latest quarter
₹84 Cr
YoY quarterly sales growth
1.2%
YoY quarterly profit growth
-10.6%
OPM latest quarter
26.6%

Balance Sheet

Book Value
₹147
Face Value
₹10.0
Total debt
₹0 Cr
Total cash
₹155 Cr
Borrowings
₹0 Cr
Reserves / Equity
13.7

Cash Flow

Operating cash flow
₹390 Cr
Free cash flow
-₹16 Cr
FCF yield
-1.0%
Net cash flow
-₹119 Cr

Shareholding

Promoter holding
0.0%
FII holding
22.7%
DII holding
36.0%
Public holding
41.3%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
International Gemological Instit317.0522.513,7020.80165.731.0370.823.269.3
Wework India673.15108.09,3480.00-4.668.7680.227.420.6
Indiabulls32.4915.77,5770.00141.035647.5359.5292.316.2
NESCO1,028.9017.47,2500.68100.04.0211.89.618.5
NDR INVIT Trust153.0070.47,0081.7236.0-5.4124.022.15.1
Leap India148.03111.86,5210.0024.730.2203.419.18.3
Inox Green135.8746.55,7010.0040.884.843.3-23.08.1
CMS Info Systems218.3711.73,4952.4083.7-10.6634.71.217.9
Median162.8016.74290.008.438.283.815.714.8

Competes with: Aarvi Encon Limited, Ace Integrated Solutions Limited, Alankit Limited, Awfis Space Solutions Limited, Bluspring Enterprises Limited, Coral India Finance & Housing Limited, Dev Accelerator Limited, EFC (I) Limited, Future Market Networks Limited, Hemisphere Properties India Limited, Indiabulls Limited, Indiqube Spaces Limited, Inox Green Energy Services Limited, International Gemmological Institute (India) Limited, Krystal Integrated Services Limited, Leap India Limited, Majestic Auto Limited, Mercantile Ventures Limited, Nesco Limited, Nirlon Limited, PTL Enterprises Limited, Quess Corp Limited, Radiant Cash Management Services Limited, Ruchi Infrastructure Limited, Sanghvi Movers Limited, Smartworks Coworking Spaces Limited, South West Pinnacle Exploration Limited, Tara Chand InfraLogistic Solutions Limited, Teamlease Services Limited, Texmaco Infrastructure & Holdings Limited, The Motor & General Finance Limited, Updater Services Limited, WeWork India Management Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales512544582627599625581619627609618633635
Expenses364398432472447472422457470471479472466
Material Cost000000
Change in Inventories-7.21101114-4.06-23
Purchases of Stock-in-Trade674639415143
Employee Cost85938210097101
Other Expenses312320340324327346
Operating Profit148146151155152153159162158137140161169
OPM %29272625252427262523232527
Other Income78811121412141611-21215
Exceptional items (within Other Income)000-111.860
Interest4444455545466
Depreciation36363840393941434548565973
Profit before tax1141141171231211231251291269677107105
Tax %26262626252626242523252620
Net Profit84848791919193989473577984
EPS in Rs5.465.395.565.625.585.575.675.945.694.463.494.805.23
Diluted EPS in Rs5.815.604.403.454.765.10

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9781,1461,3831,3061,5901,9152,2652,4252,4872,494
Expenses8309481,1291,0121,1901,3771,6651,7981,8911,887
Material Cost00
Change in Inventories4431
Purchases of Stock-in-Trade195176
Employee Cost345372
Other Expenses1,2141,311
Operating Profit147198254294400538599627596607
OPM %15171822252826262424
Other Income81351681534513635
Exceptional items (within Other Income)0-9.24
Interest1778142016181922
Depreciation3254576392132150161208236
Profit before tax122150195238301401467498405385
Tax %343631292626262525
Net Profit8096135169224297347372303293
EPS in Rs5.426.509.1011151921231818
Diluted EPS in Rs2218
Dividend Payout %02520131725274228

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
14%
3 years
9%
TTM
2%

Compounded profit growth

10 years
—
5 years
12%
3 years
0%
TTM
-20%

Stock price CAGR

10 years
—
5 years
—
3 years
-16%
1 year
-43%

Return on equity

10 years
—
5 years
17%
3 years
16%
Last year
13%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital148148148148153154163164165
Reserves5265987028361,1031,4081,7842,1022,268
Borrowings000000000
Other Liabilities228347482627600539712853806
Minority Interest00
Total Liabilities9021,0931,3331,6121,8562,1012,6593,1203,238
Fixed Assets2643814265337508698368571,150
CWIP13423442018164118
Investments921257112124279485616374
Other Assets5456978469439389321,3191,4821,596
Total Assets9021,0931,3331,6121,8562,1012,6593,1203,238

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity149102214185257407440483390
Cash from Investing Activity-896-119-149-326-323-325-266-268
Cash from Financing Activity-8-52-58-621-52-52-144-240
Net Cash Flow515637-26-69326372-119
Free Cash Flow12971131135-27215334331-16

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days738088140115100116123131
Inventory Days17082182151233238122122
Days Payable310327622584708755535549
Cash Conversion Cycle73-60-156-300-318-374-401-291-296
Working Capital Days666246455960605075
ROCE %2225272830272418

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters27270000000000
FIIs242436404038383733282523
DIIs242329282727262729333536
Public262635313335363638394041
No. of Shareholders1,43,3651,54,5471,68,9421,60,7641,77,1421,74,8471,72,4321,77,5821,66,4931,60,2631,57,0831,56,082

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -43.0% (₹375.50 → ₹213.85)Brick size ₹7.02 (fixed)Bricks 43
₹250₹300₹350₹214Nov '25Feb '26May '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹213.85 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

25,71,606inr

2026-03-31

News

News and filings about CMS Info Systems Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • ATM modules
  • Banking automation components from certified suppliers

Depends on the price of

  • diesel

Sells to

  • Axis Bank · cash management / ATM managed services
  • Citi Bank India · cash management services
  • Financial Software and Systems (FSS) · ATM managed services (acquired ATM MSP business)
  • HDFC Bank · cash management / ATM managed services
  • Hitachi Payment Services · ATM managed services / brown-label ATM support
  • ICICI Bank · ALGO multi-vendor ATM software / ATM network solutions
  • India Post · managed services / banking automation
  • State Bank of India · integrated cash management / ATM managed services (10-yr ~Rs 1,000 cr order)

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Services
Industry
Diversified Commercial Services
Classification
Services › Diversified Commercial Services
ISIN
INE925R01014

Business segments

  • Cash Management services · 59%
  • Managed Services · 38%
  • Card Services · 3%

Plants

  • CMS Banking Automation Products production plant
  • CMS Card Personalisation Bureau

News impact

Big market events that reach CMS Info Systems Limited, and how the effect spreads.

Who it hits first

  • Elitecon International, a tobacco supplier, signed up to $60 million of supply orders for South Africa, adding a new country to its export network.
  • The work should raise production and hiring at its Nashik plant in Maharashtra.
  • Its shares slid on the news, showing investors doubt the price, timing, or profit on the deal.

Who may gain

  • Elitecon International gains future sales from a large $60 million export lane.
  • Workers and job seekers around the Nashik plant may gain shifts and new posts.
  • South African buyers gain a new source of tobacco supply.

Along the supply chain

Downstream

Downstream, South African distributors and shops receive the new supply, while Indian rivals like Godfrey Phillips India see no direct loss since this is export volume, not domestic shelf share.

Upstream

Upstream, the pack names no supplier to Elitecon, so no tobacco-leaf grower or packer is confirmed; in plain terms, any extra leaf, paper, and boxes for the $60 million would come from unnamed farm and packaging sources.

Where demand moves

Business

Business demand flows from South African tobacco buyers to Elitecon's Nashik plant, which must make, pack, and ship up to $60 million of product, pulling in more shifts and output.

Capital

Capital flow is cautious: despite the order, Elitecon shares slid as holders sold, likely on thin margins, debt load, and mid-stage ASM watch, with no fresh buying shown in the pack's flows.

How it spreads across sectors

Fast Moving Consumer Goods

Mildly positive for tobacco exporters as a $60 million order shows foreign demand, but limited to Elitecon with rivals neutral.

Services

No ripple — South West Pinnacle and its Services peers were pulled in by a South Africa name match and have no tobacco link.

When it plays out

Immediate

1-7 days: Elitecon shares stay choppy under ASM watch while traders weigh the $60 million headline against the slide.

Medium term

1-6 months: Nashik output and hiring show whether the South Africa lane converts into steady sales.

Short term

1-4 weeks: focus shifts to order terms, shipment start, and any margin or payment detail from the company.

Who it hits first

  • Paytm gains a new fee stream analysts size up to Rs 1,160 crore in FY28: 0.4% on shop UPI payments above Rs 2,000 from October 15, capped at Rs 300 per payment.
  • Pine Labs, serving shops directly through payment machines and checkout products, may see the fastest profit jump from the same fee on its smaller earnings base.
  • CMS Info Systems jumped ~7% to Rs 239 as investors bet some large shop payments shift back to cash, meaning more cash trips, ATM refills and cash-van runs.
  • The RBI (India's central bank) publicly backed the fee, so the policy looks durable; shop payments below Rs 2,000 and all person-to-person transfers stay free, so most UPI volume still earns nothing.

Who may gain

  • Paytm: biggest absolute fee opportunity (up to Rs 1,160 crore FY28 revenue by analyst math) across its large shop network.
  • Pine Labs: fee lands directly on its merchant business; smaller profit base means each rupee of fee moves earnings more.
  • Mobikwik: same UPI fee benefit as Paytm on its wallet and app, though losses mean the fee aids survival more than growth.
  • CMS Info Systems: indirect winner if merchants steer high-value sales to cash; plus sentiment relief after a 45% one-year share fall.

Along the supply chain

Downstream

Large-ticket shops such as jewellers and electronics sellers either absorb the 0.4% or pass it to buyers; the cost is too small to dent sales, though some may steer buyers to cash, which is exactly the CMS Info bet.

Upstream

Payments-tech suppliers (internet links, text-message alerts, identity-check and server vendors) see no order change: splitting a new fee inside the payments chain creates no new equipment or software demand.

Where demand moves

Business

A new revenue stream flows from large-ticket shops to payment apps, machine providers and banks: 0.4% of each big UPI sale. Separately, if shops nudge buyers toward cash to avoid the fee, demand for cash pickup, ATM refills and van services rises, flowing to CMS Info and small cash-handling peers.

Capital

The UPI-earns-money-at-last story pulls sentiment money into Paytm, Pine Labs and Mobikwik and sparks a relief bounce in beaten-down CMS Info (down 45% in a year). Banks barely move since their fee share is tiny next to their size.

How it spreads across sectors

Financial Services

Payments corner clearly positive (first-ever UPI fee income); large banks mildly positive via a small fee share; insurers, brokers and lenders untouched.

Services

Cash-logistics corner positive on the possible cash-comeback trade, led by CMS Info; staffing, office-space and other services names unaffected.

When it plays out

Immediate

Within 1-7 days, sentiment buying in Paytm, Pine Labs and Mobikwik as analysts publish fee-math notes; CMS Info extends or trims its 7% pop on follow-through volume.

Medium term

Over 1-6 months, actual fee collections appear in quarterly results versus the Rs 1,160 crore-type hopes; cash-in-circulation data shows whether the cash comeback is real; policy risk is extension or rollback if merchants protest.

Short term

Over 1-4 weeks, watch the October 15 go-live: merchant reaction, any buyer ticket-splitting below Rs 2,000, and early cash-volume hints that confirm or kill the CMS trade.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

11 Sep 2026unspecified₹2.5
18 Feb 2026interim₹2.75
23 May 2025unspecified₹3.25
23 May 2025special₹3
11 Feb 2025interim₹3.25
28 May 2024unspecified₹3.25
6 Feb 2024interim₹2.5
30 Aug 2023unspecified₹4.75

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 2, delete 1, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.