Data Processing Services company Computer Age Management Services announced Q3FY25 results Revenue at Rs 369.74 crore, 27.6% on YoY basis. PBT at Rs 167.57 crore, 40.2% on YoY basis. PAT at Rs 125.49 crore, 40.5% on YoY basis, PAT margins @ 32.6%. Basic EPS for Q3 FY25 stands at Rs 25.45 (not annualized). Anuj Kumar, Managing Director said: It is heartening for us to share the company’s excellent performance, both on the financial results front and around operational excellence. Strong revenue growth at 27.6% Y-on-Y, exemplary PAT growth at 40.5 % YoY and a high EBITDA growth of 34% YoY are resounding indicators of our robust performance. The quarter saw an unprecedented trend with us winning all 3 new Mutual fund mandates in the market and the first international MF engagement. Adding the transition of another MF from competition, CAMS’s leadership position with 68% share of AuM has been further cemented with serving largest number of Mutual funds at 26 fund houses - of the 50 - in the industry. Despite headwinds, Mutual Funds’ growth trajectory continued to scale new highs across all key dimensions. Our overall AuM crossed Rs 46 Lakh Crore backed by strong growth in equity assets which crossed the Rs.25 lakh crore mark, posting a robust 51% growth Y-on-Y. The quarter saw a flurry of NFOs and CAMS serviced Funds secured 70% of NFO sales. Retail investor participation remained active with new SIP registrations seeing a healthy 50% increase on Y-on-Y basis. CAMS’s share in Net registrations increased by 4% to 64%, from the previous quarter. We had strong momentum in our non-MF business during the quarter in terms of client wins, strengthening our foundation across businesses. Our platform for Alternatives continues to be the preferred platform (and digital enabler) winning over 50 new mandates, which includes logo share gain from competitors. We added 7 new logos for our GIFT city operations, taking our base to 25 clients and solidifying our position as the leading fund administrator at GIFT city. CAMSPay’s revenue grew by 53% Y-on-Y and the business deepened and expanded its engagement across segments to add 24 new clients. It was a milestone quarter for CAMSrep Insurance repository, scaling past the one crore e-policy mark and winning industry recognition for Bima Central app. CAMS KRA’s resounding success with 10-minute KYC registration is now complemented with launch of WhatsApp based KYC. The business continued to expand its growth in the larger capital markets with signing one of the top 5 brokerages in the country. We are also delighted with the country’s largest public sector bank choosing Think360’s PFM (Personal Finance Management) solution for their participation in the Account Aggregator arena. Result PDF
Conference Call with Computer Age Management Services Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.