Computer Age Management Services Ltd (CAMS) AI Stock Analysis

• Market Cap: ₹161.31B
• Dividend Yield: 1.32%
• Average Volume (3M): 18.16K
• Price to Earnings (P/E): 36.5
• Beta (1Y): 1.42
• Revenue Growth: 12.35%
• EPS Growth: 8.91%
• Country: IN
• Employees: 7,137
• Sector: Services
• Sector Strength: N/A
• Industry: Information Technology Services
• EPS (TTM): 5.00
• Shares Outstanding: 247,888,290
• 10 Day Avg. Volume: 27,477
• 30 Day Avg. Volume: 18,158
• PEG Ratio: 0.24
• Price to Book (P/B): 3.25
• Price to Sales (P/S): 2.55
• P/FCF Ratio: 10.12
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 19.57
• Revenue Forecast (FY): ₹15.25B

• Rating: 74 Outperform
• Price Target: ₹706.00 ▼(-6.67% Downside)
• Action: Reiterated Date: 10/31/25
• Date: Action: Reiterated 10/31/25

The overall stock score is driven primarily by strong financial performance, indicating robust growth and profitability. Technical analysis suggests a neutral to slightly bullish trend, while valuation metrics indicate potential overvaluation. The absence of earnings call and corporate events data limits additional insights.

Positive Factors

High margins & recent strong revenue

Sustained high gross, EBIT and EBITDA margins with a 25.1% year growth indicate durable operating leverage and pricing power. These margins create a large earnings buffer vs competitors, supporting reinvestment, sustained profitability and cash generation over the next several quarters.

Conservative capital structure

Very low leverage and a strong equity ratio provide financial flexibility to fund growth or weather downturns without stressing liquidity. High ROE shows efficient capital use, enabling durable shareholder returns and lower refinancing risk across a 2–6 month horizon.

Healthy cash generation

Operating cash flow roughly equals reported profits and free cash flow is substantial, supporting investment, dividends or buybacks. Reliable cash conversion underpins sustainable operations and capital allocation flexibility over coming quarters despite isolated headwinds.

Negative Factors

Slightly negative FCF growth

A marginally negative free cash flow growth rate signals rising capex or working capital absorption relative to prior periods. If this trend persists it could constrain discretionary spending and returns or require higher internal focus on cash conversion improvements in the medium term.

Mixed revenue-growth signals

A modest 7.3% revenue growth metric contrasts with a stronger single-year print, suggesting growth volatility or slower underlying top-line expansion. Inconsistent growth complicates planning and may limit durable revenue momentum unless management sustains the higher growth drivers.

Above-market volatility

A beta above 1.4 implies elevated sensitivity to macro and market swings. Even with strong fundamentals, higher volatility can amplify downside in stressed markets, raise perceived risk and cost of capital, and pressure execution of long-term strategies during turbulent periods.

Computer Age Management Services Ltd Business Overview & Revenue Model

Company Description

Computer Age Management Services Limited, a mutual fund transfer agency, provides services to private equity funds, and banks and non-banking finance companies in India. The company offers myCAMS, a B2C mobile application for retail mutual fund transactions; CAMServ, a self-service chatbot to help investors navigate through mutual fund services and investing options; GoCORP, a mutual fund corporate investment portal; edge360, a platform for mutual fund distributors and advisors; and CAMS WealthServ, a digital onboarding solution for AIF and PMS customers. It also provides mutual fund data explorer, a data bureau service for sales and business intelligence; CAMSsmart that assists with reporting, predictive and prescriptive analytics, data mining, measuring business performance, and benchmarking; mfCRM, a solution for mutual fund relationship and sales managers to manage investor relationships and distributor performance; mf360, an investor service application, which allows mutual funds to track transactions, investor enquiries, and account statement requests; mfCompass, an application for reporting of physical applications received through mutual fund branches with limited data encoding requirements; and Recon DynamiX, a solution for automating reconciliation process. In addition, the company offers CAMS and KFintech, a digital solution to enhance customer service in the mutual fund industry; Distributor Mailback Service, a web-based reports that help registered distributors; digiInvest/ digiNFO, which enables transactions through SMS link; and camsonline.com, a website for mutual fund related services for investors and intermediaries. Further, it provides Account Aggregator, a platform to aggregate and share financial information; and loans against mutual fund, as well as solutions for payments, insurance companies, eKYC, AMFI services, and CAMSPay eMandate. Computer Age Management Services Limited was incorporated in 1988 and is based in Chennai, India.

How the Company Makes Money

CAMS generates revenue primarily through its fee-based model, charging mutual fund and asset management companies for transaction processing, record-keeping, and related services. Key revenue streams include service fees from mutual fund transactions, maintenance fees for investor accounts, and commissions from third-party products and services. The company also earns from providing technology solutions and data analytics services to its clients. Significant partnerships with various financial institutions and asset management firms enhance CAMS' market presence and contribute to its earnings through increased transaction volumes and customer acquisition.

Computer Age Management Services Ltd Financial Statement Overview

Summary

Computer Age Management Services Ltd exhibits strong financial performance with robust revenue growth, high profitability, and stable financial health. The balance sheet is solid with low leverage and efficient equity usage. Cash flow generation is healthy with minor areas for improvement.

Income Statement

The company has shown a strong revenue growth trend with a 25.1% increase in the latest year. Gross profit margins remain robust at 67.1%, indicating efficient cost management. Net profit margin improved to 33%, reflecting strong profitability. The EBIT margin is high at 67.1%, and EBITDA margin stands at 45.8%, both showing healthy operational efficiency. Overall, the income statement reflects strong growth and profitability.

Balance Sheet

The company maintains a solid balance sheet with a low debt-to-equity ratio of 0.08, indicating conservative leverage. Return on equity is impressive at 42%, showcasing effective use of shareholder funds. The equity ratio is strong at 70%, highlighting a solid capital structure. Overall, the balance sheet indicates financial stability and efficient capital management.

Cash Flow

Operating cash flow and free cash flow have shown consistent growth trends. The operating cash flow to net income ratio is 1.01, indicating healthy cash generation relative to profits. The free cash flow to net income ratio is 0.76, reflecting substantial cash available after investments. The free cash flow growth rate is slightly negative, suggesting potential areas for improvement in cash generation. Overall, cash flow metrics are strong, with room for enhancement.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	14.45B	14.22B	11.37B	9.72B	9.10B	7.05B
Gross Profit	9.46B	9.33B	7.22B	5.99B	5.76B	4.30B
EBITDA	6.24B	6.23B	4.78B	3.86B	3.94B	2.68B
Net Income	4.71B	4.70B	3.54B	2.85B	2.87B	2.05B
Balance Sheet
Total Assets	0.00	15.97B	14.14B	10.98B	9.57B	8.42B
Cash, Cash Equivalents and Short-Term Investments	6.79B	6.81B	6.16B	4.81B	3.79B	3.08B
Total Debt	0.00	885.19M	1.06B	932.49M	819.35M	894.86M
Total Liabilities	-11.19B	4.79B	4.99B	3.15B	3.09B	3.26B
Stockholders Equity	11.19B	11.19B	9.15B	7.82B	6.48B	5.16B
Cash Flow
Free Cash Flow	0.00	3.59B	3.63B	2.75B	2.59B	2.37B
Operating Cash Flow	0.00	4.77B	4.01B	3.19B	3.21B	2.62B
Investing Cash Flow	0.00	-1.32B	-1.88B	-1.02B	-1.31B	45.99M
Financing Cash Flow	0.00	-3.38B	-2.24B	-2.05B	-2.03B	-2.72B

Computer Age Management Services Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 756.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CAMS, the sentiment is Negative. The current price of 756.45 is above the 20-day moving average (MA) of 721.19, above the 50-day MA of 723.91, and below the 200-day MA of 766.73, indicating a bearish trend. The MACD of -10.58 indicates Positive momentum. The RSI at 27.71 is Positive, neither overbought nor oversold. The STOCH value of 12.90 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CAMS.

Computer Age Management Services Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
REDINGTON	76 Outperform	₹205.45B	12.21	―	2.48%	17.44%	43.45%
CAMS	74 Outperform	₹161.31B	36.53	―	1.32%	12.35%	8.91%
TATATECH	70 Outperform	₹232.12B	982.29	―	1.26%	0.29%	7.17%
ECLERX	69 Neutral	₹146.36B	28.61	―	0.02%	17.83%	20.34%
FSL	62 Neutral	₹147.07B	48.02	―	1.13%	25.92%	24.58%
ZENSARTECH	62 Neutral	₹126.05B	19.99	―	1.75%	9.16%	7.77%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

Computer Age Management Services Ltd Corporate Events

CAMS Board Clears Five-Year Extension for Managing Director Anuj Kumar

Computer Age Management Services Limited has announced that its Board of Directors has approved the re-appointment of Mr. Anuj Kumar as Managing Director for a further five-year term from August 1, 2026 to July 31, 2031, based on the recommendation of its Nomination and Remuneration Committee and subject to shareholder approval via postal ballot. The decision to extend Kumar’s tenure, backed by his more than 34 years of professional experience and nearly a decade of close engagement with capital market stakeholders, underscores the company’s focus on leadership continuity and regulatory alignment, and is likely to provide stability in its strategic direction and relationships across India’s asset management and distribution landscape.

CAMS Board Approves Five-Year Re-Appointment of Managing Director Anuj Kumar

Computer Age Management Services Limited has announced that its board, acting on the recommendation of the Nomination and Remuneration Committee, has approved the re-appointment of Anuj Kumar as Managing Director for a further five-year term from August 1, 2026 to July 31, 2031, with the decision subject to shareholder approval via postal ballot. The move underscores the company’s emphasis on leadership continuity, given Kumar’s more than three decades of experience across prominent corporates and his nine-year association with the capital markets ecosystem, which is expected to support CAMS’s ongoing engagement with regulators, asset management companies and distributors and provide operational stability for stakeholders.