{"id":143499,"date":"2023-03-31T07:01:23","date_gmt":"2023-03-31T11:01:23","guid":{"rendered":"https:\/\/44.250.171.167\/?p=143499"},"modified":"2023-03-31T07:01:24","modified_gmt":"2023-03-31T11:01:24","slug":"cms-info-systems-ltd-q3-fy23-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/cms-info-systems-ltd-q3-fy23-earnings-conference-call-insights\/","title":{"rendered":"Cms Info Systems Ltd Q3 FY23 Earnings Conference Call Insights"},"content":{"rendered":"<p><strong>Key highlights from Cms Info Systems Ltd (CMSINFO) Q3 FY23 Earnings Concall<\/strong><\/p>\n<p><strong>Management Update:<\/strong><\/p>\n<ul>\n<li>[00:04:30] CMSINFO said it experienced its highest-ever quarterly throughput of currency through its network in the company&#8217;s history, which was 11% higher than last year.<\/li>\n<\/ul>\n<ul>\n<li>[00:08:50] CMSINFO is seeing good results in the banking sector and has won contracts of INR800 crores across multiple business lines. The company is also expanding its AIoT business and expects to hit a revenue run rate of INR100 crores by the end of March &#8217;23.<\/li>\n<\/ul>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>[00:10:31] Balaji from India Infoline asked about the potential risks from Central Bank Digital Currency (CBDC) in the long term. Anush Raghavan President said the company is interested in the development of CBDC, and it can see how it could supplement UPI payments on the retail side. CMSINFO believes its real impact will be in the wholesale markets by facilitating cross-border payments and remittances and helping with interbank transactions.<\/li>\n<\/ul>\n<ul>\n<li>[00:10:46] Balaji with India Infoline enquired about the prospects for AIoT-based remote monitoring business and future outlook once CMSINFO delivers 25,000 ATMs by March 2023. Manjunath Rao President said the company&#8217;s remote monitoring and IoT\/software businesses are performing well, with the installed base for remote monitoring crossing 20,000 sites and a new win for the Algo software and IT.<\/li>\n<\/ul>\n<ul>\n<li>[00:11:22] Balaji at India Infoline queried if the increase in other expenses been driven by inflation or by factors such as bad debt provisions or risk-related costs. Pankaj Khandelwal CFO answered that the other expenses increased because of the new business initiatives that were taken, such as remote monitoring. These expenses were booked in the other expenses category, along with adequate provisions for bad debts and ECL provisioning.<\/li>\n<\/ul>\n<ul>\n<li>[00:17:38] Achal Lohade from JM Financial asked about the ATM pipeline and its breakdown between the replaced and newly added ATMs out of the total 40,000 ATMs. Rajiv Kaul CEO answered that the estimate is that 65% of the pipeline will be replacements and two-thirds of the pipeline will be expansions, with one-third being replacements.<\/li>\n<\/ul>\n<ul>\n<li>[00:22:27] Vishal at Motilal Oswal asked if the company is seeing any different trends in ATM, RCM and CIT segments. Rajiv Kaul CEO answered that the company has seen secular growth across its business segments, with cash usage in semi-urban and rural areas even going 8-10% above pre-COVID levels. Metros have seen a particularly sharp increase over the last nine months, with a 16% increase year-on-year compared to pre-COVID rates.<\/li>\n<\/ul>\n<ul>\n<li>[00:26:44] Aasim Bharde from DAM Capital enquired about the BLA business, if the large orders including the bonus ones are implemented and live. Manjunath Rao President replied that 98% of it has been executed.<\/li>\n<\/ul>\n<ul>\n<li>[00:28:35] Aasim Bharde from DAM Capital asked about the estimated amount of capex for FY23 and a rough estimate for FY24. Rajiv Kaul CEO answered that CMSINFO will stick to its guidance of around INR225 crore for FY23. The company has not given guidance for FY24 yet, but it should be lesser than the FY22-23 track record.<\/li>\n<\/ul>\n<ul>\n<li>[00:35:34] Dhiral of PhillipCapital asked about the drivers of good improvement in the EBIT margin in Managed Services and its outlook. Pankaj Khandelwal CFO said that the EBIT margin improvement is due to the addition of a new line of business, consisting of IoT based remote monitoring and software services. Additionally, the 40,000 more ATMs being added in the pipeline are expected to lead to increased revenue and margin expansion.<\/li>\n<\/ul>\n<ul>\n<li>[00:37:01] Dhiral of PhillipCapital enquired about the reason for a sharp rise in other income on a consolidated basis. Pankaj Khandelwal CFO said the amount was not significant and it was related to investments sold, such as short-term mutual funds.<\/li>\n<\/ul>\n<ul>\n<li>[00:40:36] Sahil Shah asked about a breakup of the contribution from private and public banks in CMSINFO\u2019s overall business. Pankaj Khandelwal CFO clarified that the company does not track on a quarterly basis. Currently it is about 50-50 is the private and public sector banks.<\/li>\n<\/ul>\n<ul>\n<li>[00:41:22] Aasim Bharde from DAM Capital asked about the plans for RCM business. Rajiv Kaul CEO replied that RCM is experiencing strong growth due to the increasing formalization of the Indian sector, with more bank branches and physical stores being added. Q3 saw more business additions than 1H, driven by growth in organized retail, e-commerce, and financial services.<\/li>\n<\/ul>\n<ul>\n<li>[00:43:24] Franklin Moraes of Equentis Wealth asked about the gross and net order book in Managed Services business. Rajiv Kaul CEO said its order book was roughly INR2,000 crores when going public, and it has now grown to INR3,000 crores, with an additional INR800 crores added this year.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Cms Info Systems Ltd (CMSINFO) Q3 FY23 Earnings Concall Management Update: [00:04:30] CMSINFO said it experienced its highest-ever quarterly throughput of currency through its network in the company&#8217;s history, which was 11% higher than last year. [00:08:50] CMSINFO is seeing good results in the banking sector and has won contracts of INR800 [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,8],"tags":[10169,8536],"class_list":["post-143499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-technology-stocks","tag-earnings","tag-software"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":147214,"url":"https:\/\/alphastreet.com\/india\/earnings-cms-info-systems-limited-nse-cmsinfo-q4fy23-results-out-total-income-rises-13-yoy\/","url_meta":{"origin":143499,"position":0},"title":"Earnings | CMS Info Systems Limited (NSE: CMSINFO): Q4FY23 Results Out; Total Income rises 13% YoY.","author":"Divyansh_Kasana","date":"May 24, 2023","format":false,"excerpt":"CMS Info Systems Limited holds the distinction of being India's largest cash management company, with a notable presence in the ATM points and retail pick-up points domains as of March 31, 2021. The company specializes in providing comprehensive services related to the installation, maintenance, and management of assets and technology\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-1-6.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-1-6.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-1-6.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-1-6.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-1-6.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-1-6.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":140162,"url":"https:\/\/alphastreet.com\/india\/cms-info-systemsltd-nse-cmsinfoq3-fy23-results-outtotal-income-rises-22-yoy\/","url_meta":{"origin":143499,"position":1},"title":"CMS Info SystemsLtd.(NSE: CMSINFO)|Q3 FY23 Results Out|Total Income rises 22% yoy","author":"Divyansh_Kasana","date":"February 6, 2023","format":false,"excerpt":"CMS Info Systems Limited (NSE: CMSINFO) is an Indian IT services company that provides end-to-end technology solutions and services to clients across various industries. Their services include IT infrastructure management, digital transformation, cloud computing, cybersecurity, and IT consulting. CMS Info Systems serves clients in multiple industries, including retail, financial services,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/3a1d2f04-2a71-4d08-ba0b-e1b8c5cd6706-1-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/3a1d2f04-2a71-4d08-ba0b-e1b8c5cd6706-1-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/3a1d2f04-2a71-4d08-ba0b-e1b8c5cd6706-1-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/3a1d2f04-2a71-4d08-ba0b-e1b8c5cd6706-1-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/3a1d2f04-2a71-4d08-ba0b-e1b8c5cd6706-1-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/3a1d2f04-2a71-4d08-ba0b-e1b8c5cd6706-1-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171056,"url":"https:\/\/alphastreet.com\/india\/cms-info-q1-fy26-earnings-results\/","url_meta":{"origin":143499,"position":2},"title":"CMS Info Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"September 9, 2025","format":false,"excerpt":"CMS Info Systems Limited is India's largest cash management company by number of ATM and retail pick-up points. The company specializes in installing, maintaining, and managing assets and technology solutions on a turnkey outsourced basis for banks, financial institutions, organized retail, and e-commerce firms. Presenting below its Q1 FY26 Earnings\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"CMSINFO Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CMS.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CMS.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CMS.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CMS.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CMS.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/CMS.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":143898,"url":"https:\/\/alphastreet.com\/india\/cms-infosystems-revolutionizing-business-operations-with-innovative-solutions\/","url_meta":{"origin":143499,"position":3},"title":"CMS Infosystems: Revolutionizing Business Operations with Innovative Solutions.","author":"Divyansh_Kasana","date":"April 20, 2023","format":false,"excerpt":"CMSINFO is seeing good results in the banking sector and has won contracts of INR800 crores across multiple business lines. The company is also expanding its AIoT business and expects to hit a revenue run rate of INR100 crores by the end of March \u201923 - Rajiv Kaul\u00a0\u2014\u00a0Executive Vice Chairman,\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"SHARDAMOTR Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":129446,"url":"https:\/\/alphastreet.com\/india\/neuland-laboratories-limited-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":143499,"position":4},"title":"Neuland Laboratories Limited Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"May 11, 2022","format":false,"excerpt":"https:\/\/youtu.be\/SoKfArytP_s Key highlights from Neuland Laboratories Limited (NEULANDLAB) Q4 FY22 Earnings Concall Management Update: NEULANDLAB said its capex plan is on track and expects CMS segment to perform well and also help the company to improve its future realizations. Q&A Highlights: Ankush Mahajan asked about the reason for low growth\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":140100,"url":"https:\/\/alphastreet.com\/india\/firstsource-solutions-ltd-fsl-q3-fy23-earnings-concall-transcript\/","url_meta":{"origin":143499,"position":5},"title":"Firstsource Solutions Ltd (FSL) Q3 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"February 5, 2023","format":false,"excerpt":"","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/143499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=143499"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/143499\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=143499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=143499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=143499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}