| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 632.93 | 2.4% | 2.2% |
| Total Income | 642.70 | 2.5% | 1.6% |
| Expenditure | 537.38 | 0.3% | 6.6% |
| PBT | 107.18 | 39.1% | 16.7% |
| Net Profit | 79.06 | 37.7% | 19.0% |
| OPM | 25.76% | 4.97pp | 0.42pp |
| NPM | 12.30% | 3.14pp | 3.12pp |
| EPS | 4.81 | 37.8% | 19.0% |
CMS Info Systems Q4 Services Revenue Crosses ₹600 Cr
14 May 2026 · 14 May, 10:01 pm
Summary
CMS Info Systems Limited announced a strong sequential recovery in Q4 FY26, with services revenue crossing ₹600 Cr for the first time at ₹609 Cr, up 5.5% QoQ. Q4 EBITDA margin expanded significantly by 280 bps to 25.6%, and PAT margin grew to 12.5%. For the full financial year 2026, total revenue stood at ₹2,487 Cr, a 2.6% increase year-over-year, despite a challenging first half, though EBITDA and PAT saw declines. The Board approved a ₹168 Cr share buyback and a final dividend of ₹2.50 per share, with management reaffirming an optimistic FY27 revenue guidance of ₹2,800–2,900 Cr and an intact FY30 growth trajectory.
Key Highlights
- 1
CMS Info Systems reported Q4 FY26 services revenue at ₹609 Cr, marking a 6% sequential growth and the strongest in eight quarters.
- 2
The company's Q4 EBITDA margin expanded by 280 bps to 25.6%, while PAT margin increased by 320 bps QoQ to 12.5%.
- 3
For the full financial year 2026, total revenue reached ₹2,487 Cr, representing a 2.6% year-over-year increase, with services revenue growing by 5.8% YoY to ₹2,312 Cr.
- 4
The Board approved a share buyback of 3% of outstanding shares at ₹340 per share, totaling ₹168 Cr.
- 5
CMS Info Systems reaffirmed its FY27 revenue guidance of ₹2,800–2,900 Cr, projecting 13-17% growth.
- 6
The company made two strategic acquisitions in FY26, Securens and FSS Managed Services, with a total value of ₹190 Cr.
- 7
A final dividend of ₹2.50 per share was approved, bringing the total FY26 dividend to ₹5.25 per share.
Management Comments
Rajiv Kaul
FY26 was a tough year, and we said so early. We protected revenue, grew market share in every segment, and made the structural decisions that will pay back in FY27. Q4 was the inflection; services revenue crossed ₹600 Cr for the first time, after eight quarters in the ₹535–575 Cr range, and EBITDA margin recovered 280 basis points to 25.6%. We reaffirm our FY27 guidance: total revenue of ₹2,800–2,900 Cr (13-17% growth), and services revenue of ₹2,700–2,800 Cr (17-21% growth). Our FY30 trajectory communicated at our Sept’25 analyst day remains intact, with the mix shift toward Technology & Payment Solutions platform running ahead of our model.
Informational and educational content only. Not investment advice.