CAMS is a mutual fund transfer agency. It provides technology-driven financial infrastructure & services to MFs and other financial institutions.
CAMS reported a mixed performance.
Financial Performance:
Q2FY24:
1. Consolidated Revenue increases by 13.5% YoY to Rs 275.08 crore.
2. Profit Before Tax (PBT) before Non-controlling interest grows by 16.8% YoY to Rs 113.28 crore.
3. Profit After Tax (PAT) witnesses a growth of 17.1% YoY, amounting to Rs 84.51 crore.
4. PAT Margins for Q2FY24 stand at 29.7%.
5. Basic EPS for Q2FY24 is Rs 17.24 (not annualized).
H1FY24:
1. Half-yearly consolidated revenue reaches Rs 536.38 crore, indicating a YoY growth of 12.0%.
2. PBT for H1FY24 stands at Rs 215.19 crore, with a YoY growth of 16.9%.
3. PAT for H1FY24 registers a growth of 17.5% YoY, amounting to Rs 160.85 crore.
4. PAT Margins for H1 FY24 are at 28.9%.
5. Basic EPS for H1FY24 is Rs 32.81 (not annualized).
Key Business Highlights:
1. CAMS MF AUM records a 20% YoY growth, standing at Rs 32.2 trillion.
2. CAMS Equity AUM witnesses a growth of 28% YoY, reaching Rs 15.2 trillion.
3. CAMS Equity market share grows by 120 basis points YoY, touching 65.5%.
4. Equity Net Sales market share in Q2FY24 amounts to 80%.
5. Non-MF revenue grows by 47% YoY, constituting approximately 13% of overall revenue.
6. Assets under service in CAMS alternatives exceed the Rs 2 trillion milestone.
7. CAMS KRA broadens its offerings in the Capital market, resulting in a 125% revenue growth YoY.
8. CAMSPay UPI autopay expands beyond MF, leading to a 2X growth in volumes.
9. Bima Central, an Insuretech initiative from CAMSRep, witnesses a 40% YoY growth in elA policy addition.
10. Think360.ai pilots its first Generative Al client project, paving the way for further implementation.
Commenting on the performance, Anuj Kumar, Managing Director, said, “It is heartening to share the company’s strong performance, both on the financial results front and around operational excellence. We have posted an impressive PAT of Rs 84.5 Crore, a 17% YoY growth, on the back of robust annual revenue growth of 13.5%.
The second quarter was marked by historic highs and key milestones across multiple operating dimensions, for Mutual Funds serviced by CAMS. Our overall assets under service touched a lifetime high of Rs.32.6 lakh crore and our market share remained steady at 68.5%. Equity assets recorded a 28 % Y-on-Y growth on the back of a rising share in equity sales alongside steady market movement. Individual investors’ participation remained vigorous and we added a record 16 lakh investors to our base to touch 2.83 Crore unique investors.
Revenue from businesses beyond Mutual Funds posted a noteworthy growth of 7.4% in sequential quarters and 47% on a YoY basis. CAMS KRA’s market outreach with the wider capital market began to see deal closures and sustained usage. Alternatives services scaled to Rs 2 lakh crore worth of assets under service and won over 15 new logos in the quarter. We are excited to announce the beta launch of Bima Central, an Insuretech initiative from our Insurance repository (CAMSRep) which aims to bring a new paradigm in the realm of policyholder services. Account Aggregator business CAMSfinserv’s momentum continued with 40 new signups and a market share of 9.5% (in linked accounts) during the quarter.
We are enthused by Think360.ai being selected as the only Indian company in the Top 100 AI Fintech companies globally. The company signed on 10 new clients and piloted its first Generative AI client project during the quarter. Fintuple is set to roll out a large transformational project with a leading private sector bank bolstering its technology stack offering for the BFSI segment
Equity Capital: 729.29 Cr FV: 10.00
| Period | MF Net Purchase / (sold) | FII Net |
|---|---|---|
| LAST 1M | 12,449.94 | 4,687.48 |
| LAST 3M | 52,876.87 | -16,992.42 |
| LAST 6M | 89,585.49 | 64,268.08 |
| LAST 12M | 157,003.14 | 111,777.92 |
| Date | Action Type | Ratio |
|---|---|---|
| Nov 17, 2023 | Dividend | 100 |
| Aug 14, 2023 | Dividend | 80 |
| Aug 14, 2023 | Dividend | 120 |
Computer Age Management Services Ltd. is an Indian mutual funds transfer agency operating in the financial services sector. It was incorporated in 1988 and is headquartered in Chennai. The company reported a consolidated total income of Rs. 247.43 crore in March 2022. The income growth from the previous quarter was 2.32%. The company has a market capitalisation worth Rs. 10,731 crore as of 23 May 2022.
The company is listed on the Bombay Stock Exchange with the code 543232 and on the National Stock Exchange with the code CAMS.
Computer Age Management Services Ltd. became a public listed company in October 2020. It provides technology-enabled solutions to investors, distributors, and businesses. The company is approved by the Securities and Exchange Board of India (SEBI) to serve as registrar and transfer agents to asset management companies. Its activities include services to mutual funds, private insurance companies, account aggregators, banks and NBFCs, along with payment services, KYC services, and Central Recordkeeping Agency for National Pension Scheme (NPS).
The current management at Computer Age Management Services Ltd. comprises Mr Anuj Kumar as the managing director, Mr Ravi Kethana as the chief platform officer, Mr Syed Hassan as the chief operating officer, and Mr Ram Charan Sesharaman as the chief financial officer. The company’s payment platform, CAMSPay, was bestowed with the Finnoviti Award 2021 for its solution and innovation.
When checking Computer Age Management share price, investors must look at its peers, which include Aditya Birla Capital Ltd., Piramal Enterprises Ltd., Motilal Oswal Financial Services Ltd., L&T Finance Holdings, etc.
As of 23 May 2022, the CAMS share price in NSE is trending at Rs. 2,193.20. The CAMS share price in BSE is Rs. 2198.70. The 52-week high for Computer Age Management Services share price was Rs. 4,064, and the 52-week low for Computer Age Management Services Ltd share price was Rs. 2103.30. CAMS share price on 23 May 2022 is down by 2.58% in NSE and 2.53% in BSE.
The company has invested in four mutual funds. These investments include 1.85% in Union Small Cap Fund Direct Growth, 1.39% in Canara Robeco Small Cap Fund Direct Growth, 1.35% in HDFC Retirement Savings Fund Equity Plan Direct Growth, and 1.22% in PGIM India Flexi Cap Fund Direct Growth.
Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.
New No 10 Old No 178, M G R Salai Nungambakkam, Chennai, Tamil Nadu, 600034
| Tel | : | 91-044-28432770 |
| : | secretarial:camsonline.com | |
| Website | : | http://www.camsonline.com |
Link Intime India Pvt Ltd
| AGM Date (Month) | : | Aug |
| Face Value Equity Shares | : | 10 |
| Market Lot Equity Shares | : | 1 |
| BSE Code | : | 543232 |
| NSE Code | : | CAMS |
| Book Closure Date (Month) | : | |
| BSE Group | : | A |
| ISIN | : | INE596I01012 |
FAQ’s on Computer Age Management Services Ltd SharesYou can buy Computer Age Management Services Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Computer Age Management Services Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Nov 29, 2023 03:59 PM the closing price of Computer Age Management Services Ltd was ₹ 2,784.05.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Nov 29, 2023 03:59 PM, the market cap of Computer Age Management Services Ltd stood at ₹ 13,675.81.
The latest PE ratio of Computer Age Management Services Ltd as of Nov 29, 2023 03:59 PM is 44.2
The latest PB ratio of Computer Age Management Services Ltd as of Nov 29, 2023 03:59 PM is 0.06
The 52-week high of Computer Age Management Services Ltd is ₹ 2,935.00 while the 52-week low is ₹ 2,010.00
According to analyst recommendations, Computer Age Management Services Ltd has a “Buy” rating for the long term.
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