Computer Age Management Services (CAMS) AGM 2024 summary

Opening remarks and agenda

• The 36th AGM was convened with a quorum, welcoming shareholders and panel members, and outlining participation protocols for the virtual meeting.

• Four resolutions were presented: three ordinary and one special business, with electronic voting facilitated for all shareholders.

Board and executive committee updates

• Directors and key executives introduced themselves, highlighting committee memberships and recent board expansion with a new additional director.

• Statutory and secretarial auditors participated, and registers required by law were made available electronically.

Financial performance review

• Revenue crossed INR 1,000 crore, with INR 1,136 crore total revenue, INR 470 crore profit before tax, and INR 350 crore profit after tax.

• Operating EBITDA exceeded INR 500 crore, and return on net worth was over 41%.

• Dividend of INR 46.5 per share (465% of face value) was declared for the year, pending shareholder approval.

• Assets under management grew at a 16% CAGR over five years, with profit after tax up 21% in the same period.