CMS Info Systems Ltd. (CMSINFO) AI Stock Analysis

• Market Cap: ₹57.50B
• Dividend Yield: 2.71%
• Average Volume (3M): 109.73K
• Price to Earnings (P/E): 16.1
• Beta (1Y): 1.34
• Revenue Growth: 0.13%
• EPS Growth: -3.14%
• Country: IN
• Employees: 8,041
• Sector: Services
• Sector Strength: N/A
• Industry: Specialty Business Services
• EPS (TTM): 4.40
• Shares Outstanding: 164,472,530
• 10 Day Avg. Volume: 198,734
• 30 Day Avg. Volume: 109,728
• PEG Ratio: 8.41
• Price to Book (P/B): 3.54
• Price to Sales (P/S): 3.31
• P/FCF Ratio: 24.48
• 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: ₹445.00
• Price Target Upside: 27.65% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: ₹435.00 ▲(24.78% Upside)

CMS Info Systems Ltd. receives a solid overall stock score of 74, driven primarily by its strong financial performance and reasonable valuation. The company's robust profitability, stable balance sheet, and effective cash flow management underpin its financial health. While technical analysis presents some bearish signals, the stock's valuation remains attractive, supported by a fair P/E ratio and a decent dividend yield.

Positive Factors

Strong Financial Performance

The company's robust profitability and stable balance sheet indicate a strong financial foundation, supporting long-term growth and investment capacity.

Cash Generation Ability

Strong cash generation supports operational and investment needs internally, reducing reliance on external financing and enhancing financial flexibility.

Revenue Growth

Steady revenue growth indicates a solid market position and effective business model, contributing to long-term sustainability and competitive advantage.

Negative Factors

High Beta

A high beta indicates higher volatility compared to the market, which could lead to increased risk and potential instability in uncertain market conditions.

Asset Growth Monitoring

Monitoring asset growth is crucial to ensure liabilities do not outpace assets, which could affect financial stability and long-term viability.

Fluctuations in Capital Expenditures

Fluctuating capital expenditures can impact free cash flow consistency, potentially affecting investment planning and financial predictability.

CMS Info Systems Ltd. Business Overview & Revenue Model

Company Description

CMS Info Systems Limited operates as a cash management company. It engages in installing, maintaining, and managing assets and technology solutions on end-to-end outsourced basis for banks under long term contracts. The company provides cash management services, including end-to-end ATM replenishment services; cash pick-up and delivery; network cash management and verification services; and cash-in-transit services for banks. It also offers managed services, such as banking automation product sales, deployment, and associated annual maintenance; end-to-end brown label deployment and managed services for banks; common control systems and software solutions, including multi-vendor software solutions and other security and automation software solutions; and remote monitoring services for ATMs. In addition, the company provides end-to-end financial cards issuance and management for banks; and card personalization services. CMS Info Systems Limited was incorporated in 2008 and is based in Mumbai, India.

How the Company Makes Money

CMS Info Systems generates revenue through multiple streams. Its primary revenue sources include cash management services, which encompass cash-in-transit, cash processing, and ATM replenishment services. The company also earns income from its technology solutions, such as software for cash management and payment processing systems. Additionally, CMSINFO has established partnerships with banks and financial institutions, allowing it to provide integrated cash management solutions. These collaborations enhance its market presence and contribute significantly to its overall earnings. The company may also benefit from transaction fees associated with its digital payment services, further diversifying its revenue model.

CMS Info Systems Ltd. Financial Statement Overview

Summary

CMS Info Systems Ltd. demonstrates strong financial performance with robust profitability, stable balance sheet, and effective cash flow management. The company shows consistent revenue and profit growth, underpinned by effective cost management and operational efficiency. Its conservative leverage and strong equity position contribute to financial stability, while healthy cash flows provide flexibility for future investments.

Income Statement

CMS Info Systems Ltd. demonstrates strong profitability with a consistent increase in gross profit and net profit margins over the years. The company’s gross profit margin improved to 90.2%, and net profit margin reached 15.4%. Revenue growth is steady, increasing by approximately 7.1% annually. EBIT and EBITDA margins show solid operational efficiency, standing at 56.1% and 23.9% respectively. The consistent growth in revenue and profitability highlights a robust business model with effective cost management.

Balance Sheet

The balance sheet of CMS Info Systems Ltd. indicates financial stability with a healthy equity ratio of 72.6%, suggesting a strong asset base supported by equity. The debt-to-equity ratio is low at 8.4%, reflecting conservative leverage practices. The return on equity is commendable at 16.4%, indicating effective utilization of equity. While the company maintains a solid equity position, continual monitoring of asset growth relative to liabilities is advisable to sustain financial stability.

Cash Flow

The cash flow statement for CMS Info Systems Ltd. reflects strong cash generation capabilities. Operating cash flow has increased steadily, supporting a high operating cash flow to net income ratio of 1.30, indicative of effective earnings conversion. Free cash flow growth is robust despite some fluctuations in capital expenditures, underscored by a free cash flow to net income ratio of 0.88. The company’s cash flow management highlights its capacity to fund operations and investments internally, reducing reliance on external financing.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	24.53B	24.25B	22.65B	19.15B	15.90B	13.06B
Gross Profit	19.78B	21.86B	14.99B	13.56B	10.85B	8.61B
EBITDA	6.60B	5.80B	6.33B	5.52B	4.08B	3.09B
Net Income	3.75B	3.72B	3.47B	2.97B	2.24B	1.69B
Balance Sheet
Total Assets	0.00	31.20B	26.59B	21.01B	18.56B	16.12B
Cash, Cash Equivalents and Short-Term Investments	7.86B	7.86B	6.25B	4.05B	2.85B	3.07B
Total Debt	0.00	1.90B	1.81B	2.03B	1.93B	1.27B
Total Liabilities	-22.67B	8.53B	7.12B	5.39B	6.00B	6.27B
Stockholders Equity	22.67B	22.67B	19.47B	15.62B	12.56B	9.84B
Cash Flow
Free Cash Flow	0.00	3.28B	3.32B	2.13B	-274.55M	1.30B
Operating Cash Flow	0.00	4.83B	4.40B	4.07B	2.57B	1.85B
Investing Cash Flow	0.00	-2.66B	-3.25B	-3.23B	-3.26B	-1.49B
Financing Cash Flow	0.00	-1.44B	-521.17M	-521.73M	5.69M	-617.19M

CMS Info Systems Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 348.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CMSINFO, the sentiment is Negative. The current price of 348.6 is below the 20-day moving average (MA) of 351.17, below the 50-day MA of 359.13, and below the 200-day MA of 431.95, indicating a bearish trend. The MACD of -2.96 indicates Negative momentum. The RSI at 46.41 is Neutral, neither overbought nor oversold. The STOCH value of 72.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CMSINFO.

CMS Info Systems Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CMSINFO	74 Outperform	₹57.50B	16.12	―	2.71%	0.13%	-3.14%
ONEPOINT	73 Outperform	₹14.69B	38.71	―	―	25.17%	9.55%
RADIANTCMS	73 Outperform	₹5.66B	14.31	―	4.81%	4.57%	-10.62%
PDSL	66 Neutral	₹53.30B	48.70	―	0.91%	11.49%	-32.79%
UDS	63 Neutral	₹12.45B	10.96	―	―	8.98%	13.54%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
HGS	49 Neutral	₹20.84B	-2,324.16	―	1.51%	-2.43%	-100.43%

CMS Info Systems Ltd. Corporate Events

CMS Info Systems Expands Stake in Securens Systems

CMS Info Systems Ltd. has increased its stake in Securens Systems Private Limited to 75.78% by acquiring additional shares through a Rights Issue. This acquisition is part of CMS’s strategy to reduce finance costs, enhance profitability, and strengthen its AIOT-based remote monitoring capabilities, which is expected to drive growth in an emerging business line.