CMSINFOSYSTEMS / Q3-FY26 / claim-ledger

Audit the questions that mattered.

Cms Info Systems · Analyst questions, management answers, and the quality of the response where the ledger is available.

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WatchQ3-FY26 · 2026-02-14Back to quarter ↗

Questions audited

Answered directly

77%

Numeric claims

Consistency

contradicted

Question ledger

What was answered, and how?

Pravin Kumar · Equitas Capital Advisers

partial

Breakdown of FI27 revenue bridge: contracted vs. assumed improvements.

the 650 sort of a number I think we have almost 95% certainty on this number. ... the 650 into 4 that 2600 is fairly certain the bridge from 26 to 27 2800 that's something we have to earn

Pravin Kumar · Equitas Capital Advisers

direct

Is retail cash management pruning a course correction?

I think the way I would phrase is in the last two to three years we've been fairly aggressive on this market ... we wanted to step back and look at how much of this customer will be profitable

Pravin Kumar · Equitas Capital Advisers

partial

Revenue hit from tightening receivable norms and future stress.

Q3 we took a slightly different approach ... we had to take certain calls in terms of our revenue exposure ... the effect of that is visible in the Q3 revenues

Abhishek Jawan · Iklavia Capital

direct

Services revenue growth Q3 vs Q2 and reason for employee cost spike.

4%. ... there is a one-off item of around 12 cr rupees wherein we have reversed the provisioning for the ESO as well as the performance link incentive provisioning.

Rashid Parik · Bugle Rock PMS

direct

Retail strategy going forward and new areas for Hawkeye/RMS.

our aggression continues ... we think this is an important part of our future growth ... within Hawkeye itself ... the goal for us is in the longer term to think about productizing this

Rashid Parik · Bugle Rock PMS

direct

SBI order: 10,000 ATMs but announcement for 5,000; rest coming?

the total order is 10,000 ... we were the L1 participants. So we got about 5,000 of those volumes whereas going to other industry participants.

Nihar Mata · Bay Capital

direct

Outlook for RFP rollout from banks and cash logistics.

for most of FY26 the RFP pipeline has been fairly subdued ... in FY27, we see meaningful activity coming back ... about 6 to 8,000 ATM units ... total contracted value opportunity of about 2,000 crores.

Nihar Mata · Bay Capital

direct

Amount of cash on books as of December.

It's about 600 crores.

Prakhar Agarwal · Dexter Capital Advisor

partial

Order book composition: managed services vs. banking automation.

it's mostly a mix of both ... integrated contracts on the manage server side and Hawkeye especially when you look at the large complex branch RFP rollout.

Akshhata · Multiac PMS

direct

Outlook for cash management segment and SBI order impact.

SBI ... about 500 crores of incremental opportunity over 10 year period ... about 50 crores per year ... we anticipate this to get improve in the coming quarter

Suraj Singha · Ratnata Capital

direct

Capex estimate for FY26 and Secur business revenue/EBITDA.

capex will be around 300 to 325 cr rupees ... Secur ... incremental revenue of around 12 cr rupees in Q3 and Secur will have actually a negative PBT

Shivam Parik · Value Wise Wealth Management

evasive

Possibility of buyback given cash position and low valuations.

we will evaluate this closer to the end of this year as we look at our overall capital needs in terms of growth capital M&A.