CMS Info Systems declares Q4FY22 result:
- CMS Info systems records highest ever quarterly revenue, EBITDA and PAT in Q4-FY22
- Revenue
- FY22: INR 15,897 Mn YoY Growth: +22%
- Q4 FY22: INR 4,441 Mn YoY Growth: +8%
- EBITDA
- FY22: INR 4,017 Mn YoY Growth: +33%
- Q4 FY22: INR 1,171 Mn YoY Growth: +21%
- EBITDA Margin
- FY22: 25.3% YoY Growth: +210 Bps
- Q4 FY22: 26.4% YoY Growth: +280 Bps
- PAT
- FY22: INR 2,240 Mn YoY Growth: +33%
- Q4 FY22: INR 640 Mn YoY Growth: +14%
- Total currency handled in the year at INR 11.2 trillion, 22% growth YoY indicating robustness of cash usage
- Operating margin expansion by 280 bps YoY to 26.4% in Q4 delivering highest ever quarterly EBITDA and PAT
- Cash management network grew 10% YoY to 113,00+ points as of Mar’22
- ATM network under Managed Services crossed 12,000 as of Mar’22; 20% growth YoY
- Rapid ramp-up in AI-based remote monitoring vertical; 10,000+ sites installed as of Mar’22
Commenting on the performance of the Company, Mr. Rajiv Kaul – Executive Vice Chairman, Whole Time Director and CEO said, “Our company has delivered strong performance, growing revenue by 22% and PAT by 33% in FY22. This is a result of volume growth, market share gains, improvements activity levels and benefits of operating leverage due to route density and automation. Our new business segments are growing very robustly. We are focused on continuing our growth trajectory and executing our order book to meet our FY25 goal of doubling revenue to INR 2,500-2,700 Crore by FY25 over FY21."