Computer Age Management Services Limited — Q2FY27 earnings call summary

Filed 03 November 2026 · Official transcript

New platform rollout 30% done; expected incremental costs offset by productivity gains
Direct MF plans have no impact on pricing; pricing uniform across plans
No material yield renegotiations expected in H2 FY27; renewals next year uncertain
Q2 FY27 revenue grew 10% y-y to INR415 Cr; EBITDA up 13.5% to INR191 Cr; PAT rose 14.5%
Margin expansion of 100-200 bps expected in normal years from operating leverage
MF AUM grew 12.5% with equity AUM up 15.5%, ahead of industry; SIP collections grew 16.5%
EBITDA margin expanded 140 bps to 46% despite employee increments and INR4 Cr platform costs
Non-MF margins near 19%, expected to rise to 25%+ over 3 years; CAMSPay margins ~20%