Computer Age Management Services Limited — Q1FY27 Earnings Call Summary

CAMS · Q1FY27 · Filed 07 Aug 2026

Key Takeaways

• Capex: INR75 Cr on-prem expected in FY27; INR290 Cr total re-arch project capex with 10-year amortization
• Yield compression largely in base; residual impact minimal; expect 2.5-3% annual yield decline
• Q1 FY27 EBITDA grew 18% y-y to INR183 Cr; PAT up 17%; EBITDA margin expanded 270 bps to 46.4%
• Non-MF margin at 13% in Q1; expected to reach ~17% by FY27 end
• Employee headcount down 2-3% Q-o-Q; 4-5% reduction targeted for FY27, aiding margin expansion
• PAT margin expected around 30-31% for FY27
• AUM grew ~15% y-y to INR56 lakh Cr; July better, nearing INR60 lakh Cr; market share steady at 67.2%
• Payment business grew ~70% y-y, driven by credit cards; low-margin but strategic growth area
• Non-MF businesses like account aggregator, pension, CAMS Repository still EBITDA negative but improving
• Management confident of 1-1.5% annual margin expansion from productivity and automation gains

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.