COMPUTERAGEMANAGEMENT / Q4-FY26 / claim-ledger

Audit the questions that mattered.

Computer Age Management · Analyst questions, management answers, and the quality of the response where the ledger is available.

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PositiveQ4-FY26 · 2026-04-28Back to quarter ↗

Questions audited

12

Answered directly

71%

Numeric claims

1

Consistency

contradicted

Question ledger

What was answered, and how?

Abhishit Takar · KC Securities

direct

Cost sustainability and yield impact from passive mix

this is not a one-off... structural and automation... sustainable long-term kind of an impact... from a yield perspective... the rates that we have for ETFs are extremely low... as the passive increase there will be some impact on the mix but it'll be very muted

P Jan · Motil Financial Service

partial

Impact of AMC renegotiations on RTA fees and yield decline guidance

so far nothing is there... we are comfortable with the price value equation... historically we've been very conservative... 3 to three and a half percentage... our aim will always be to bring it much lesser than that

P Jan · Motil Financial Service

direct

Sustainability of margin improvement to 46%

we were about 47% margin about five quarters back... we've climbed back to 46... the command center for this number is sitting somewhere else... we will continue investing in new things... margins expand by a percent a year So be it

P Jan · Motil Financial Service

direct

Impact of KYC changes from April 1 on profitability

No. No, it should not... we are expecting to hold K revenue in FY27 after all the puts and takes... we will have flat k revenue. We do not expect that there is any profit challenge there.

Di Shagarwal · Capital

evasive

Retrospective impact of new TRAI regulation on margins

we did not say that there are some discussions happening with any AMC's on EAT... nothing substantial is happening... even if it happens it's going to be extremely muted... premature to speculate

Di Shagarwal · Capital

partial

OPEX growth and EBITDA margin target for FY27

we will look at a sub 5% and overall definitely sub 9% kind of a growth in expenses... we don't want to guide for a specific EBITA margin... our aim is to at least retain what we are in Q4 right in terms of the IBITA margins for next year

Di Shagarwal · Capital

direct

New lines of business for non-MF revenue growth

consent therefore the DPDP compliance product is the only product that we are putting out... we do not believe that we are angling for too many new things... we have absolute confidence in growing at least 20% on that side

Suba · Jeff

direct

Update on RTA cloud transition and employee count

on the rearchitecture side... we have opted for a feature by feature module by module build out... headcount as of year end... 8324 in FY25 and exited FY26 with 8,420... aim next year is to have an reduction in headcount

Suba · Jeff

direct

Non-MF growth drivers given flat KYC revenue

payments will be about 20 cr out of that... EF about 7 to 8 cr and rep about 7 to 8 cr... everything else the balance 15 is a sum of the account aggregators the TSP pension all of that put together

Deepan go · city group

partial

Factors behind MF yield decline expectations

the three three and a half% comes from historical numbers... we see a period of yield stability... our aim is to keep it down to the scale based pricing plus some minor adjustments... it'll be much less than 3%

Madugar · JP Morgan

direct

KYC pricing decline and new consent pro opportunity

starting 1st April uniformly the K industry has taken a 20% price down... we are projecting a flat revenue on a base of about 42 43 cr... consent pro... we built this product called consentra... it's a commercial offering

Sankit Ga · Evidence Park

evasive

Impact of one KYC on KYC business model

we have to watch it... does a CKYC record is it eligible completely to create a KKYC? Not yet... the K architecture has been significantly ahead of market... we believe we are in good shape