Computer Age Management Services Limited (CAMS)

About

CAMS operates India's core depository, clearing, and capital-markets intermediation services—specialized but systemically important infrastructure. At ₹18,919 Cr market cap with 39.03% ROE and 45.1% operating margin, it is a small, highly profitable capital-light business. Zero debt and consistent dividend payouts reflect capital efficiency, though 1-year returns of −0.2% suggest valuation may already reflect these strengths.

Face value: ₹2

Market cap

₹16,809 Cr

P/E

34.0×

P/B

12.7×

Dividend yield

3.5%

ROE

39%

ROCE

47.1%

Debt / equity

0

OPM

45.1%

EPS (TTM)

₹20.0

Book value

₹53.3

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Valuation risk: PE of 38.23 paired with flat 1-year return (−0.2%) leaves little buffer for disappointment and signals execution is not outpacing market expectations.
Revenue stasis: Quarterly revenue hovering in ₹350–395 Cr range with no growth signal; verify whether business is cyclical, mature, or losing share.
FII concentration: 44.88% foreign institutional holding creates exposure to capital-flow reversals and foreign regulatory shifts; domestic retail minority.
Margin pressure: Verify resilience of 42–48% OPM if capital-markets fees face regulatory compression or if competitive pressure emerges.

Generated analysis · source review pending

Growth drivers

Strong cash generation (39.03% ROE, four recent dividend payouts) signals capital available; verify if reinvested or whether capex or M&A plans deploy it.
Margin resilience (42%+ OPM floor across quarters) suggests pricing or cost-control strength; verify if expansion opportunity exists or structural ceiling is near.
Incumbent in regulated depositories and clearing; verify if licensing barriers protect against fintech or new-entrant disruption.
Capital-markets transaction volumes in India; verify whether CAMS' revenue scales with activity volumes or is contracted and stable.

Generated analysis · source review pending

1,478 historical price candles were omitted because the exchange source has not been verified.

₹677.3+1.7%1Y

Quick read

rule-based

Pros

+Strong return on equity of 42.3% (3-yr avg)
+High return on capital employed of 48.8%
+Healthy operating margin of 45.1%
+Profit CAGR of 18.6% over the last 3 years
+Revenue CAGR of 16% over the last 3 years
+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 91.2×
+Dividend yield of 3.5%

Cons

−Trading at 12.7× book value

Research score

Structured signal from quality, growth, valuation and momentum.

63/100

Business quality: 100
Growth

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY SMALLCAP 50 NIFTY SMALLCAP 100 NIFTY SMALLCAP 250 NIFTY MIDSMALLCAP 400 NIFTY 500

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
National Stock Exchange of India LtdNSENSE	₹4,30,972 Cr	₹4,35,023 Cr	₹16,601 Cr	—	—	₹10,302 Cr	62.1%	3.3%	33%	—
ICICI Prudential Asset Management Company LimitedICICIAMCICICIAMC	₹1,52,462 Cr	₹1,52,462 Cr	₹5,765 Cr	₹4,294 Cr	74.5%	₹3,298 Cr	57.2%	—	85.8%	—
Billionbrains Garage Ventures LimitedGROWWGROWW	₹1,12,994 Cr	₹1,13,218 Cr	₹5,242 Cr	₹3,234 Cr	59.1%	₹2,440 Cr	44.9%	29.4%	21.6%	-1,528
Sbi Funds Management LimitedSBIFUNDSSBIFUNDS	₹1,01,911 Cr	—	₹4,389 Cr	₹3,472 Cr	79.1%	₹3,067 Cr	69.9%	—	43%	—
Multi Commodity Exchange Of India LimitedMCXMCX	₹81,702 Cr	₹81,702 Cr	₹2,302 Cr	₹1,643 Cr	71.3%	₹1,332 Cr	57.8%	46.7%	56.3%	-321
Nippon Life India Asset Management LimitedNAM-INDIANAM-INDIA	₹66,871 Cr	₹66,871 Cr	₹2,869 Cr	₹1,915 Cr	66.3%	₹1,637 Cr	56.5%	—	34.5%	—
Motilal Oswal Financial Services LimitedMOTILALOFSMOTILALOFS	₹59,602 Cr	₹80,857 Cr	₹10,063 Cr	₹4,120 Cr	41.3%	₹1,980 Cr	20%	—	15.6%	—
360 One Wam Limited360ONE360ONE	₹42,297 Cr	₹57,749 Cr	₹4,638 Cr	₹2,875 Cr	62.1%	₹1,262 Cr	27.9%	—	14.4%	—
Nuvama Wealth Management LimitedNUVAMANUVAMA	₹31,051 Cr	₹42,594 Cr	₹4,884 Cr	₹2,554 Cr	52.7%	₹1,083 Cr	22.5%	—	27.4%	—
Aditya Birla Sun Life Amc LimitedABSLAMCABSLAMC	₹28,680 Cr	₹28,680 Cr	₹1,861 Cr	₹1,096 Cr	59.9%	₹1,007 Cr	52.9%	—	25.1%	—
Angel One LimitedANGELONEANGELONE	₹25,280 Cr	₹33,159 Cr	₹5,426 Cr	₹2,028 Cr	35.4%	₹1,032 Cr	17.8%	—	15.6%	—
Anand Rathi Wealth LimitedANANDRATHIANANDRATHI	₹17,575 Cr	₹17,592 Cr	₹1,197 Cr	₹462 Cr	41.9%	₹465 Cr	34.6%	59.1%	47.4%	14

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	910	972	1,137	1,422	1,516
	486	551	632	770	833
	424	421	505	652	683
OPM %	46.6%	43.4%	44.4%	45.9%	45.1%
Depreciation	52	60	70	78	99
Interest	7	8	8	8	7
	17	27	41	53	51
Profit before tax	383	380	467	619	629
Tax	96	96	116	154	157
Tax %	25%	25.1%	24.8%	24.9%	24.9%
	287	285	351	465	472
PAT margin %	31.5%	29.3%	30.9%	32.7%	31.1%
EPS (₹)	58.7	58.3	72.1	95.4	19.2
EPS adjusted (₹)	—	11.7	14.4	19	19.2
	66%	64.8%	79.1%	65%	169%
Annual report	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	49	49	49	50
Reserves	733	865	1,069	1,271
Minority interest	1	1	0	—
	0	0	1	0
	315	499	478	489
Total equity & liabilities	1,098	1,414	1,597	1,810
	333	376	406	405
CWIP	9	2	5	1
Investments	330	407	425	446
	426	630	762	959
Total assets	1,098	1,414	1,597	1,810

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	264	321	319	401	477	584
	2	-131	-102	-188	-132	-270
	-272	-204	-205	-224	-338	-316
Net cash flow	-6	-13	12	-10	7	-2
Free cash flow	—	259	275	363	359	444
CFO / Operating profit %	—	75.8%	75.8%	79.5%	73.2%	85.4%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	—
EBITDA margin %	46.6%	43.4%	44.4%	45.9%	45.1%
EBIT margin %	41%	37.1%	38.2%	40.4%	38.6%
PAT margin %	31.5%	29.3%	30.9%	32.7%	31.1%
Working capital
Receivable days	—	12	21	28	14
Inventory days	—	0	0	0	0
Payable days	—	31	37	38	40
NWC days	—	-19	-17	-10	-26
Leverage
Current ratio	—	4.34	3.25	3.36	3.43
Debt to EBITDA	—	0	0	0	0
Debt to equity	—	0	0	0	0
Interest coverage	54.7	51	57.9	74	91.2
Asset turnover	—	0.89	0.8	0.89	0.84
Return ratios
Return on assets %	—	25.9%	24.8%	29.1%	26.1%
Return on capital employed %	—	41.7%	46.6%	52.8%	47.1%
Return on equity %	—	36.4%	38.4%	41.5%	35.7%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoter	19.87%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	38.6%	47.68%	53.77%	56.51%	56.53%	57.63%	55%	52%	46.9%	44.66%	44.44%	44.88%
	16.05%	23.08%	19.92%	19.43%	18.65%	17.35%	16.71%	17.31%	20.76%	22%	22.06%	23.54%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0.01%	0.01%
	25.48%	29.24%	26.31%	24.06%	24.82%	25.02%	28.29%	30.69%	32.34%	33.34%	33.49%	31.57%
No. of shareholders	—	—	—	—	—	—	—	—	4,81,883	5,14,502	5,42,124	5,26,029

Promoter holding down 19.87 percentage points since Sep 2023.

159 deals · 1 Oct 2021 – 10 Sept 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
10 Sept 2026	FMRC FIDELITY EMERGING MARKETS FUND	Bulk	BSE	Sell	48,00,982	₹681.80	₹327.33 Cr
10 Sept 2026	SOCIETE GENERALE ODI	Bulk	BSE	Buy	37,11,869	₹681.75	₹253.06 Cr
10 Sept 2026	GOLDMAN SACHS INVESTMENTS MAURITIUS I LIMITED	Bulk	BSE	Buy	35,96,108	₹681.75	₹245.16 Cr
10 Sept 2026	FIDELITY RUTLAND SQUARE TRUST II STRATEGIC ADVISERS FIDEMG MARKETS FUND	Bulk	BSE	Sell	18,96,622	₹681.80	₹129.31 Cr
5 May 2026	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	15,82,409	₹781.62	₹123.68 Cr
5 May 2026	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	15,82,409	₹781.04	₹123.59 Cr
25 Jan 2024	SOCIETE GENERALE	Block	NSE	Sell	83,459	₹2,732.90	₹22.81 Cr
25 Jan 2024	BNP PARIBAS ARBITRAGE	Block	BSE	Sell	62,115	₹2,732.90	₹16.98 Cr
25 Jan 2024	SOCIETE GENERALE	Block	BSE	Buy	62,115	₹2,732.90	₹16.98 Cr
25 Jan 2024	MARSHALL WACE INVESTMENT STRATEGIES EUREKA FUND	Block	NSE	Buy	39,536	₹2,732.90	₹10.80 Cr

1–10 of 159

1 / 16

Mr. DINESH KUMAR MEHROTRANon-Executive - Non Independent Director-Chairperson
Mrs. VIJAYALAKSHMI RAJARAM IYERNon-Executive - Independent Director
Mr. ANUJ KUMARExecutive Director
Mr. PRAVIN UDHYAVARABHADYA RAONon-Executive - Independent Director
Mr. SANTOSH KUMAR MOHANTYNon-Executive - Independent Director
Mr. NARUMANCHI VENKATA SIVAKUMARNon-Executive - Independent Director
Mr. S.R. RamcharanChief Financial Officer
Mr. Manikandan GopalakrishnanCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

End of day 30 Sept 2026 · underlying ₹671.0 · volume and open interest in contracts

3

Expiry	Close	Chg	% Chg	Settlement	Open interest	Change in OI	Volume	Lot size
27 Oct 2026	₹676.9	+1.6	+0.2%	₹676.9	11,916	+250	1,165	825
23 Nov 2026	₹677.4	+1.9	+0.3%	₹677.4	487	+14	59	825
29 Dec 2026	₹683.2	+7.3	+1.1%	₹683.2	21	+21	24	825

Open the chart icon on a row for that contract's close over 103 stored sessions, with open interest as bars beneath it.

31

27 Oct 2026 23 Nov 2026 29 Dec 2026

Calls				Strike	Puts
OI	Chg OI	Volume	LTP	—	LTP	Volume	Chg OI	OI
0	0	0	₹0.0	560

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

71

across 16 fund houses

Held by these funds

6.25%

of the company's equity

All mutual funds

15.72%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

71 schemes · 16 fund houses

		Shares
Small Cap Fund	Axis Mutual Fund	26.55 L	207.63	0.66%	1.07%	-0
SMALL CAP FUND	Nippon India Mutual Fund	18.88 L	147.65	0.18%	0.761%	-0
Technology Fund	ICICI Prudential Mutual Fund	17.93 L	140.24	1.03%	0.723%	-0
Innovation Fund	ICICI Prudential Mutual Fund	14.34 L	112.15	1.4%	0.578%	-11.66 L
Small Cap FundNEW	ICICI Prudential Mutual Fund	12.43 L	97.19	0.99%	0.501%	—
SMALL CAP FUND	Bank of India Mutual Fund	8.53 L	66.7	2.02%	0.344%	+1 L
NIFTY CAPITAL MARKETS INDEX FUND	Tata Mutual Fund	5.35 L	41.86	4.27%	0.216%	+20,092
Flexi Cap Fund	Helios Mutual Fund	4.73 L	37.01	0.42%	0.191%	-0

1–8 of 71

1 / 9

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

30

Annual reports

6

Investor Presentation and earnings call

5

Aug 2026Transcript AI Summary PPTREC
May 2026Transcript AI Summary PPT

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results29 Oct 2026 · in 28 daysresults

25

Interim dividend12 Aug 2026 · ex-date₹2.5
Final dividend10 Jul 2026 · ex-date₹4
Interim dividend30 Jan 2026 · ex-date₹3.5
Interim dividend7 Nov 2025 · ex-date₹14
Interim dividend8 Aug 2025 · ex-date₹11
Final dividend15 Jul 2025 · ex-date₹19
Interim dividend7 Feb 2025 · ex-date₹17.5
Special dividend8 Nov 2024 · ex-date₹10.5
Interim dividend8 Nov 2024 · ex-date₹14.5
Interim dividend12 Aug 2024 · ex-date₹11
Final dividend8 Jul 2024 · ex-date₹16.5
Interim dividend16 Feb 2024 · ex-date₹12
Interim dividend17 Nov 2023 · ex-date₹10
Interim dividend14 Aug 2023 · ex-date₹8
Final dividend14 Aug 2023 · ex-date₹12
Interim dividend15 Feb 2023 · ex-date₹10.5
Interim dividend16 Nov 2022 · ex-date₹8.5
Interim dividend12 Aug 2022 · ex-date₹6.75
Final dividend23 Jun 2022 · ex-date₹12
Interim dividend17 Feb 2022 · ex-date₹10.75
Interim dividend23 Nov 2021 · ex-date₹9.5
Interim dividend27 Aug 2021 · ex-date₹6.5
Final dividend28 Jul 2021 · ex-date₹11.84
Interim dividend17 Feb 2021 · ex-date₹7.6
Interim dividend19 Nov 2020 · ex-date₹6.75

2

Board meeting to consider results29 Oct 2026
Board meeting to consider results3 Aug 2026

1–3 of 4

1 / 2

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

153 announcementsExport CSV

1 Oct 2026, 6:11 pmCompany Update

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Allotment of ESOP / ESPS PDF

1 Oct 2026, 8:58 amInsider Trading / SAST

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 PDF

29 Sept 2026, 3:50 pmCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Analyst / Investor Meet PDF

22 Sept 2026, 3:04 pmCompany Update

Intimation Of Environmental, Social, And Governance (''ESG'') Rating

General PDF

18 Sept 2026, 6:15 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

17 Sept 2026, 11:38 amCompany Update

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release / Media Release PDF

16 Sept 2026, 4:15 pmCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Analyst / Investor Meet PDF

15 Sept 2026, 7:50 pmCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Analyst / Investor Meet PDF

Date	Category	Subject	Filing
1 Oct 2026, 6:11 pm	Company Update Allotment of ESOP / ESPS	Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS	PDF
1 Oct 2026, 8:58 am	Insider Trading / SAST Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

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Computer Age Management Services Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

3

31

Fund holders

Documents

Announcements

Annual reports

Investor Presentation and earnings call

Events

1

25

2

Announcements

1

25

2

Announcements

Annual reports

Investor Presentation and earnings call

3

31

Compounded sales growth

Compounded profit growth

Return on equity

Computer Age Management Services Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Futures3

Option chain31

Fund holders

Documents

Announcements

Annual reports

Investor Presentation and earnings call

Events

Upcoming and recent1

Dividends25

Board meetings2

Announcements

Ratio timeline

Upcoming and recent1

Dividends25

Board meetings2

Announcements

Annual reports

Investor Presentation and earnings call

Quarterly record

Bulk & block deals

Board and management

Futures3

Option chain31

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

3

31

1

25

2

1

25

2

3

31