CMS Info Systems Limited

NSEI:CMSINFO Stock Report

Market Cap: ₹50.4b

CMS Info Systems Future Growth

Future criteria checks 3/6

CMS Info Systems is forecast to grow earnings and revenue by 16.5% and 11.3% per annum respectively. EPS is expected to grow by 17.4% per annum. Return on equity is forecast to be 16.9% in 3 years.

Key information

16.5%

Earnings growth rate

17.43%

EPS growth rate

Commercial Services earnings growth13.4%
Revenue growth rate11.3%
Future return on equity16.90%
Analyst coverage

Low

Last updated18 May 2026

Recent future growth updates

Analysis Article May 19

CMS Info Systems Limited (NSE:CMSINFO) Just Reported, And Analysts Assigned A ₹363 Price Target

It's been a good week for CMS Info Systems Limited ( NSE:CMSINFO ) shareholders, because the company has just released...
Analysis Article Feb 17

Analysts Have Been Trimming Their CMS Info Systems Limited (NSE:CMSINFO) Price Target After Its Latest Report

Last week saw the newest quarterly earnings release from CMS Info Systems Limited ( NSE:CMSINFO ), an important...
Analysis Article May 22

CMS Info Systems Limited (NSE:CMSINFO) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

As you might know, CMS Info Systems Limited ( NSE:CMSINFO ) recently reported its yearly numbers. It looks like the...
Analysis Article Oct 29

CMS Info Systems Limited (NSE:CMSINFO) Analysts Are Pretty Bullish On The Stock After Recent Results

It's been a sad week for CMS Info Systems Limited ( NSE:CMSINFO ), who've watched their investment drop 14% to ₹500 in...

Recent updates

Analysis Article May 19

CMS Info Systems Limited (NSE:CMSINFO) Just Reported, And Analysts Assigned A ₹363 Price Target

It's been a good week for CMS Info Systems Limited ( NSE:CMSINFO ) shareholders, because the company has just released...
Narrative Update Apr 26

CMSINFO: Dividend And Independent Director Appointment Will Support Future Upside

The analyst price target for CMS Info Systems is now ₹389, with analysts keeping key assumptions such as revenue growth, profit margin and future P/E essentially unchanged. This reflects a steady view on the company’s valuation drivers.
Narrative Update Apr 11

CMSINFO: Board Actions And Dividend Will Support Future Upside

Analysts have kept their price target on CMS Info Systems steady at ₹389, reflecting unchanged assumptions on fair value, discount rate, revenue growth, profit margin and future P/E, with no new Street research driving a different view. What's in the News A board meeting will be held on February 12, 2026 to review the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, and to consider an interim dividend and a postal ballot notice for an independent director appointment (Key Developments).
Narrative Update Mar 27

CMSINFO: Long-Term SBI ATM Mandate Will Support Future Upside

Analysts have kept their fair value estimate for CMS Info Systems steady at ₹389, reflecting unchanged assumptions on the discount rate, revenue growth, profit margins and future P/E for now. What's in the News A board meeting is scheduled for February 12, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, consider an interim dividend for FY 2025-26, and approve a postal ballot notice for an independent director appointment (company filing).
Narrative Update Mar 11

CMSINFO: SBI ATM Outsourcing Mandate Will Support Long-Term Upside

The analyst price target for CMS Info Systems has been revised from ₹432.20 to ₹389.00, with analysts citing a lower assumed future P/E multiple, while keeping long term growth and margin assumptions broadly unchanged. What's in the News CMS Info Systems received a ₹10,000m, 10 year contract from State Bank of India to manage 5,000 bank owned ATMs across India, covering managed services and cash efficiency initiatives starting January 2026 (Key Developments).
Narrative Update Feb 25

CMSINFO: Long-Term SBI ATM Contract Will Support Future Upside

Analysts have revised their price target on CMS Info Systems from ₹466 to ₹432.20, reflecting updated assumptions around fair value, a slightly different discount rate, modestly adjusted revenue growth expectations, and a lower future P/E multiple, partly offset by a marginally higher profit margin outlook. What's in the News CMS Info Systems has been awarded a ₹10,000 million, 10-year contract from State Bank of India to manage 5,000 bank-owned ATMs across India, covering cash management, managed services and higher ATM uptime, with the contract going live in January 2026.
Analysis Article Feb 17

Analysts Have Been Trimming Their CMS Info Systems Limited (NSE:CMSINFO) Price Target After Its Latest Report

Last week saw the newest quarterly earnings release from CMS Info Systems Limited ( NSE:CMSINFO ), an important...
Analysis Article Feb 16

CMS Info Systems' (NSE:CMSINFO) Dividend Will Be Reduced To ₹2.75

CMS Info Systems Limited ( NSE:CMSINFO ) has announced that on 14th of March, it will be paying a dividend of₹2.75...
Narrative Update Feb 09

CMSINFO: Long-Term SBI ATM Deal And Tech Expansion Will Drive Upside

Analysts have maintained their fair value estimate for CMS Info Systems at ₹466.0 per share. The latest price target update mainly reflects slightly lower assumed discount rates and a marginally adjusted future P/E, while revenue growth and profit margin expectations remain unchanged.
Narrative Update Jan 26

CMSINFO: SBI Cash Outsourcing Deal Will Support Long-Term Upside Potential

Analysts have kept their fair value estimate for CMS Info Systems steady at ₹466.0, with only marginal tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions guiding the unchanged price target. What's in the News CMS Info Systems won an INR 10,000 million, 10 year cash outsourcing contract from State Bank of India, covering 5,000 bank owned ATMs across India, with services starting in January 2026 (Key Developments).
Narrative Update Jan 11

CMSINFO: Large SBI Cash Contract Will Support Future Upside Potential

Analysts have modestly adjusted their outlook on CMS Info Systems, with the latest price target now set at ₹466.00 per share. This reflects small tweaks to assumptions around discount rate, profit margin and forward P/E rather than any major shift in the underlying story.
Narrative Update Dec 15

CMSINFO: Upcoming Acquisitions And Investor Day Will Drive Renewed Optimism

Analysts have nudged their price target on CMS Info Systems slightly higher to reflect a fair value of ₹466.0, supported by marginally lower discount rate assumptions and steady expectations for revenue growth, profit margins, and future valuation multiples. What's in the News Management signalled plans to pursue acquisitions across business segments, with a particular focus on payments and technology assets to strengthen the HawkAI machine-learning platform (company commentary).
Narrative Update Nov 29

CMSINFO: Upcoming Board Meeting Will Drive Renewed Optimism This Quarter

Analysts have slightly adjusted the price target for CMS Info Systems, maintaining it at ₹466.00. This reflects steady financial projections and a marginal improvement in the company’s future price-to-earnings outlook.
Narrative Update Nov 14

CMSINFO: Upcoming Board Meeting Will Boost Market Momentum Ahead

Narrative Update on CMS Info Systems Analysts have revised their fair value estimate for CMS Info Systems downward from ₹506.25 to ₹466.00. This change reflects adjusted assumptions around revenue growth, margins, and market conditions.
Narrative Update Oct 31

CMSINFO: Revenue Stability And Upcoming Event Set To Drive Momentum Forward

Narrative Update: Analyst Price Target for CMS Info Systems Analysts have maintained their fair value estimate for CMS Info Systems at ₹506.25 per share. They attribute this unchanged target to stable revenue growth and profit margin projections, along with marginal improvements in the discount rate and future price-to-earnings ratio.
Narrative Update Oct 17

Expanding Logistics Footprint And Digital Services Will Build Long-Term Resilience

Analysts have maintained their price target for CMS Info Systems at ₹506.25 per share, with stable forecasts for revenue growth and profit margins cited as reasons for their unchanged outlook. What's in the News CMS Info Systems Limited recently hosted an Analyst/Investor Day, bringing together investors and analysts for key company updates (Key Developments).
Narrative Update Oct 03

Expanding Logistics Footprint And Digital Services Will Build Long-Term Resilience

Analysts have revised their price target for CMS Info Systems downward from ₹577.67 to ₹506.25. They cite a more cautious outlook on revenue growth and slight pressures on profit margins as reasons for the adjustment.
Analysis Article Sep 25

Is CMS Info Systems (NSE:CMSINFO) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jul 02

CMS Info Systems' (NSE:CMSINFO) Returns Have Hit A Wall

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article May 22

CMS Info Systems Limited (NSE:CMSINFO) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

As you might know, CMS Info Systems Limited ( NSE:CMSINFO ) recently reported its yearly numbers. It looks like the...
Analysis Article Mar 22

Is CMS Info Systems (NSE:CMSINFO) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Feb 28

Earnings Working Against CMS Info Systems Limited's (NSE:CMSINFO) Share Price

CMS Info Systems Limited's ( NSE:CMSINFO ) price-to-earnings (or "P/E") ratio of 19.1x might make it look like a buy...
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New Narrative Feb 19

AIoT And Managed Services Will Drive Future Opportunities

CMS Info Systems aims to boost future revenue and margins through strategic service expansion, technology integration, and large-scale operational efficiencies.
Analysis Article Feb 08

CMS Info Systems' (NSE:CMSINFO) Dividend Will Be ₹3.25

CMS Info Systems Limited ( NSE:CMSINFO ) will pay a dividend of ₹3.25 on the 7th of March. This takes the dividend...
Analysis Article Feb 05

An Intrinsic Calculation For CMS Info Systems Limited (NSE:CMSINFO) Suggests It's 37% Undervalued

Key Insights The projected fair value for CMS Info Systems is ₹741 based on 2 Stage Free Cash Flow to Equity CMS Info...
Analysis Article Dec 23

CMS Info Systems (NSE:CMSINFO) Might Become A Compounding Machine

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article Nov 16

With EPS Growth And More, CMS Info Systems (NSE:CMSINFO) Makes An Interesting Case

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Oct 29

CMS Info Systems Limited (NSE:CMSINFO) Analysts Are Pretty Bullish On The Stock After Recent Results

It's been a sad week for CMS Info Systems Limited ( NSE:CMSINFO ), who've watched their investment drop 14% to ₹500 in...
Analysis Article Sep 27

Is CMS Info Systems (NSE:CMSINFO) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jul 02

CMS Info Systems Limited's (NSE:CMSINFO) Earnings Are Not Doing Enough For Some Investors

CMS Info Systems Limited's ( NSE:CMSINFO ) price-to-earnings (or "P/E") ratio of 23.9x might make it look like a buy...
Analysis Article Jun 12

Here's Why We Think CMS Info Systems (NSE:CMSINFO) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Apr 30

A Look At The Intrinsic Value Of CMS Info Systems Limited (NSE:CMSINFO)

Key Insights CMS Info Systems' estimated fair value is ₹384 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Jan 27

CMS Info Systems Limited Just Missed Earnings - But Analysts Have Updated Their Models

Investors in CMS Info Systems Limited ( NSE:CMSINFO ) had a good week, as its shares rose 2.6% to close at ₹390...
Analysis Article Aug 17

Investors Should Be Encouraged By CMS Info Systems' (NSE:CMSINFO) Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Analysis Article May 26

CMS Info Systems Limited (NSE:CMSINFO) Just Released Its Full-Year Earnings: Here's What Analysts Think

CMS Info Systems Limited ( NSE:CMSINFO ) came out with its yearly results last week, and we wanted to see how the...

Earnings and Revenue Growth Forecasts

NSEI:CMSINFO - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202935,0225,0874,3196,9583
3/31/202831,3284,2703,3955,9914
3/31/202727,9693,7211,8525,2314
3/31/202624,8723,034-1973,896N/A
12/31/202524,7333,219N/AN/AN/A
9/30/202524,3663,5779243,550N/A
6/30/202524,5253,753N/AN/AN/A
3/31/202524,2453,7253,2824,825N/A
12/31/202424,3253,663N/AN/AN/A
9/30/202424,3343,6022,0783,407N/A
6/30/202423,5253,536N/AN/AN/A
3/31/202422,6473,4713,3154,399N/A
12/31/202321,3903,356N/AN/AN/A
9/30/202320,4513,2432,9473,966N/A
6/30/202319,7303,125N/AN/AN/A
3/31/202319,1472,9722,1344,068N/A
12/31/202218,5742,813N/AN/AN/A
9/30/202217,7272,6586513,693N/A
6/30/202216,7312,460N/AN/AN/A
3/31/202215,8972,240-2752,565N/A
12/31/202115,5592,162N/AN/AN/A
3/31/202113,0611,6851,3041,854N/A
3/31/202013,8321,3471,3062,142N/A
3/31/201911,462961N/A1,018N/A
3/31/201710,074787N/A1,360N/A
3/31/201611,401549N/A875N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CMSINFO's forecast earnings growth (16.5% per year) is above the savings rate (6.9%).

Earnings vs Market: CMSINFO's earnings (16.5% per year) are forecast to grow faster than the Indian market (16.2% per year).

High Growth Earnings: CMSINFO's earnings are forecast to grow, but not significantly.

Revenue vs Market: CMSINFO's revenue (11.3% per year) is forecast to grow faster than the Indian market (10.7% per year).

High Growth Revenue: CMSINFO's revenue (11.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CMSINFO's Return on Equity is forecast to be low in 3 years time (16.9%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/24 23:54
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CMS Info Systems Limited is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
Balaji SubramanianIIFL Research
Siddharth ZabakIIFL Research