Key Metrics of Cms Info Systems Limited
About Cms Info Systems Limited
Company details
- Registered office
- T-151, 5th Floor, Tower No. 10, Sector-11, Railway Station Complex, Cbd Belapur, Thane,, Navi Mumbai, In-mh, 400614
- Listed
- NSE: CMSINFO · ₹209.60
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 31 Mar 2026 | ICRA | Reaffirmed | AA+ | A1+ | Stable | ₹1,060 Cr | View |
Credit strengths (ICRA, Mar 2026)
+ Long-term relationships with key clients
The company’s clientele comprises reputed and well-established players like State Bank of India, HDFC Bank, Axis Bank, ICICI Bank, Hitachi Payment Services Private Limited, Punjab National Bank etc.
Credit challenges
− Business vulnerable to cash loss risk
Given the large volumes of cash it handles, CMS is exposed to various operational risks/reconciliation gaps arising out of cash loss related to armed robbery, end-customer or third-party fraud, theft or embezzlement by personnel provided by third -party service providers, etc.
Could lead to an upgrade
A rating upgrade for CMS is less likely in the medium term, given the scale of operations and concentration of its cash management business. However, the long -term rating could be upgraded if the company demonstrates a significant increase in its market share and revenue along with diversity of its business profile, while maintaining its operating margins, debt protection metrics and strong
Could lead to a downgrade
Pressure on CMS’ rating could arise if there is any material decline in its revenue and profitability. Any sizeable debt-funded capex/acquisitions or dividend payout that may adversely impact the credit profile and
Agency-reported financials (ICRA, 31 Mar 2026)
| Metric | FY2024 | FY2025 | 9M FY2026 |
|---|---|---|---|
| Operating income | ₹2,265 Cr | ₹2,425 Cr | ₹1,854 Cr |
| PAT | ₹347 Cr | ₹373 Cr | ₹224 Cr |
| OPBDIT/OI | 26.5% | 25.9% | 23.5% |
| PAT/OI | 15.3% | 15.4% | 12.1% |
| Total outside liabilities/Tangible net worth (times) | 0.30× | 0.40× | — |
| Total debt/OPBDIT (times) | 0.30× | 0.30× | — |
| Interest coverage (times) | 37.00× | 34.40× | 33.00× |
| Revenue growth (YoY) | — | 7.1% | — |
| EBITDA (margin × income) | ₹600 Cr | ₹628 Cr | ₹436 Cr |
| Implied total debt (debt/EBITDA × EBITDA) | ₹180 Cr | ₹188 Cr | — |
| Implied interest cost (EBITDA ÷ coverage) | ₹16.22 Cr | ₹18.25 Cr | ₹13.20 Cr |
Borrowings & rated debt
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| Long-term/Short-term, Fund-based – CC/WCDL | Working capital & bank lines | ₹111 Cr | ₹201 Cr | 81.1% | AA+ / A1+ (Stable) | Reaffirmed | ICRA |
| Long-term/Short-term, Non-fund Based Limits | Non-fund based limits | ₹719 Cr | ₹859 Cr | 19.5% | AA+ / A1+ (Stable) | Reaffirmed | ICRA |
Credit assessment · Manufacturing
Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Information on file | 56% · missing: Capex / investment plans, Lender details, Auditor details, Recent rating review (last 15 months) |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 83% chance the next rating action is stable or better
- Current rating AA+ (investment grade)
- Interest coverage 33×
Rated limits by facility
Timeline
From the report
Long-term/Short-term, Non-fund Based Limits 719.00 859.00 reaffirmed and assigned for enhanced amount Total 830.00 1060.00 *Instrument details are provided in Annexure I Rationale The ratings are based on the consolidated view of the rated entity, CMS Info Systems Limited (CMS), and its wholly-owned subsidiary, Securitrans India Private Limited (SIPL) because of the close operational, management and financial linkages between them.
From the report
Liquidity position: Strong The company’s liquidity position is strong, aided by healthy cash flow generation, cash and cash equivalents of around Rs. 565 crore (including encumbered balance) with further cushion available in the form of unutilised fund-based working capital limits of Rs. 126.0 crore as on January 31, 2026, which will increase to Rs. 216 crore from March 2026.
From the report
Moreover, the company continues to remain debt free (excluding lease liabilities) that supports its financial flexibility.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.