Yield compression from passive mix shift
Increasing share of passive AUM could compress blended yields, though management expects impact to be muted.
medium · analyst_questionComputer Age Management Services Ltd — Q4 FY26
CAMS delivered a solid Q4 FY26 with 11% YoY revenue growth and EBITDA margin of 46.5%, expanding 150bps YoY.
bullish
high
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Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Potential AMC renegotiations on RTA fees
AMCs facing 3-5 bps impact from new regulations may seek to pass on costs to RTAs, though management sees limited risk.
medium · analyst_questionKYC price down impact on revenue
A 20% industry-wide KYC price cut effective April 1 could reduce K revenue by ~8 Cr, partially offset by growth.
medium · management_commentaryOne KYC regulation could disrupt K business
If CKYC subsumes KYC, the K business model may face structural changes, though management sees it as a gradual process.
low · analyst_question