Computer Age Management Services (CAMS) Q1 2025 earnings summary

Executive summary

• Revenue grew 27% year-over-year, with consolidated revenue at ₹33,140 lakh in Q1 FY25 and PAT up 41.8% YoY to ₹10,821 lakh.

• Achieved INR 40 trillion in assets under management (AUM), a 35% increase year-over-year, with equity assets up 56% and market share in equity assets at 66%.

• Non-MF revenue expanded 31% YoY, now contributing 13.3% of total revenue, with a target to reach 20% in three years.

• Strategic partnership with Google Cloud announced to rebuild the RTA platform for greater efficiency and scalability.

• Board approved ESOP Scheme 2024, appointment of a new independent director, and increase in authorized share capital.

Financial highlights

• Revenue: INR 242 crore (₹33,140 lakh), up 27% YoY and 7.7% QoQ; EBITDA grew 36.6% YoY to ₹15,061 lakh, margin at 45.4%.

• PAT up 42% YoY, margin at 32%; EPS (basic) at ₹22.01 for Q1 FY25.

• Return on net worth at 44.4%; cash and cash equivalents at INR 718 crore as of June 30, 2024.

• Interim dividend of INR 11 per share declared, with record and payment dates specified.

Outlook and guidance

• Non-MF revenue expected to grow by 2% annually as a share of total revenue, aiming for 20% by FY 2027.

• Continued investments in technology, ESG, and digital transformation to support scalable growth.

• Account aggregator revenue targeted to reach INR 11–12 crore in FY 2026, with break-even expected.

• On track to reach 100,000 NPS subscribers in FY25; focus on expanding fintech and digital payment solutions.