NSE:CAMS · Risk Score Report

NSE:CAMSNSETechnology

Computer Age Management Services Limited

📊 Information Technology Services

Day ₹764

₹772 Oversold

52W ₹611

₹875 Neutral

₹765.50

▲ ₹5.05 (+0.66%)

Vol: 365,605 · Avg: 1,357,556

As of April 29, 2026 · 06:22 IST

COMPOSITE RISK SCORE

VAL:10/25 · FIN:19/25 · GRO:8/25 · TECH:16/25

📈 P/E RATIO

41.1x

Trailing

📖 P/B RATIO

15.6x

Price to Book

💰 EPS

₹18.63

TTM

🏛 MARKET CAP

₹18,983Cr

Mid Cap

📊 ROE

42.0%

Return on Equity

📈 REV GROWTH

5.5%

YoY

🏢 Company Analysis · Computer Age Management Services Limited

💼 BUSINESS MODEL

Computer Age Management Services Limited provides registrar and transfer agency services, including data processing and its related activities to financial institutions in India..
It provides MF Central, an investor platform for monitoring and managing mutual fund investments; myCAMS, a mobile app and portal for retail investors to manage and transact across multiple mutual funds; and digiLoan that enables investors to pledge mutual fund units digitally for loans..
The company offers edge 360, a mobile app and portal for distributors and advisors, offering a platform for daily operations; GOCorp, a platform for institutional investors to easily transact across CAMS-managed mutual funds; CAMServ, a chatbot assisting customers with mutual-fund transactions for a smooth service experience; and eKYC solution simplifies mutual fund KYC for new investors with Aadhaar authentication..
In addition, it provides CAMS WealthServ, a digital onboarding platform with a user-friendly interface and paperless processing for alternate investment funds and portfolio management services investors; Think360.ai propels BFSI enterprises with full stack data science and AI solutions; and Bima Central, an insurance platform providing policy holder services, renewal reminders, cover dashboard, downloads, and highlights..
Operates in Information Technology Services within the Technology sector.
Workforce of 7,932 employees.

🏰 MOAT & COMPETITION

Mid-cap (₹18,983 Cr) — growing company in a competitive landscape.
Profit margin of 31.4% suggests pricing power / cost moat.
Key competitors: Cams Services, KFin Technolog., Beacon Trust., C D S L.

🚀 CATALYSTS

No specific near-term catalysts identified from available data.

⚖️ ASYMMETRY CHECK

Analyst target range: ₹670 — ₹954 (mean ₹830, 19 analysts).
Moderate asymmetry — upside +25% vs downside -12% (2.0x).
P/E of 41.1x — premium valuation, growth must sustain to avoid de-rating risk.

🔭 FUTURE OUTLOOK

Analyst consensus: Strong Buy (19 analysts).
Latest quarter earnings change: +0% YoY — relatively flat.

✅ PROS

Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 41.1%
Company has been maintaining a healthy dividend payout of 68.6%

❌ CONS

Stock is trading at 15.7 times its book value

VALUATION

10/25

25% WEIGHT

P/E at 41x
P/B at 15.6x
Analyst target: ₹830 (+8.5%)
1Y return: -2.7%

FINANCIAL HEALTH

19/25

25% WEIGHT

ROE: 42.0%
Profit margin: 31.4%
Revenue growth: 5.5%
Debt/Equity: 6%

GROWTH

8/25

25% WEIGHT

Revenue growth: 5.5%
Earnings growth: -0.5%
Beta: -0.01
Sector: Technology

TECHNICAL

16/25

25% WEIGHT

RSI, MACD, MA crossovers
200 DMA & 50 EMA position
Volume trend analysis
Price momentum signals

📈 Price Movement

🕯 Candlestick Chart

🎯 Price Prediction · Analyst Target Cone Source: Yahoo Finance Analyst Targets ↗

📉 Valuation Trends (at current CMP)

P/E Ratio at current CMP

💎 Valuation & Financial Metrics

P/E RATIO

41.1x

Trailing twelve months

P/B RATIO

15.6x

Price to Book value

ROE

42.0%

Return on Equity

PROFIT MARGIN

31.4%

Net profit margin

OPM

39.4%

Operating profit margin

ANALYST TARGET

₹830

Range: ₹670 - ₹954

Yahoo Finance ↗

PEG RATIO

2.28

Price/Earnings to Growth

EV/EBITDA

29.2x

Enterprise value ratio

CURRENT RATIO

N/A

Liquidity measure

DIVIDEND YIELD

1.62%

Annual yield

ROA

26.6%

Return on Assets

GROSS MARGIN

65.5%

Gross profit margin

INDUSTRY AVERAGES — DEPOSITORIES, CLEARING HOUSES AND OTHER INTERMEDIARIES

P/E 47.3x (below avg)

P/B 8.0x (sector fair)

ROCE 32.8% (above avg)

ROE 25% (sector good)

OPM 25% (sector good)

Div Yield 0.85%

D/E <20 (sector comfort)

📋 Quarterly Performance Trend

Quarter	Revenue	QoQ %	Net Profit	QoQ %	Op. Cash Flow	EBITDA Margin
Q2 FY25	₹365 Cr	—	₹122 Cr	—	N/A	50.1%
Q3 FY25	₹370 Cr	+1.3%	₹125 Cr	+2.5%	N/A	50.8%
Q4 FY25	₹356 Cr	-3.7%	₹114 Cr	-9.1%	N/A	48.5%
Q1 FY26	₹354 Cr	-0.6%	₹109 Cr	-4.3%	N/A	47.2%
Q2 FY26	N/A	—	N/A	—	N/A	N/A
Q3 FY26	₹390 Cr	—	₹126 Cr	—	N/A	49.1%

📊 Year-on-Year Trend

FY	Revenue	YoY %	Net Profit	YoY %	Op. Cash Flow	YoY %
FY22	₹910 Cr	—	₹287 Cr	—	₹321 Cr	—
FY23	₹972 Cr	+6.8%	₹285 Cr	-0.6%	₹318 Cr	-0.9%
FY24	₹1,137 Cr	+16.9%	₹354 Cr	+24.0%	₹401 Cr	+26.1%
FY25	₹1,422 Cr	+25.2%	₹470 Cr	+33.0%	₹477 Cr	+18.9%

📈 Revenue vs Earnings

🎯 EPS: Estimate vs Actual

💰 How Computer Age Management Services Limited Makes Its Money

🏦 Snapshot of Computer Age Management Services Limited's Balance Sheet

💸 Looking into Computer Age Management Services Limited's Cash Flow

📅 Quarterly Results Source: Screener ↗

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales +	261	275	290	310	331	365	370	356	354	377	390
YOY Sales Growth %	10.42%	13.50%	18.93%	24.56%	26.83%	32.75%	27.64%	14.72%	6.86%	3.17%	5.52%
Expenses +	151	153	160	167	182	195	197	197	200	209	211
Employee Cost %	36.34%	35.51%	34.43%	33.75%	34.10%	32.47%	32.37%	33.08%	34.57%	33.12%	31.90%
Operating Profit	110	122	129	143	150	170	173	159	154	168	179
OPM %	42%	44%	45%	46%	45%	47%	47%	45%	43%	44%	46%
Other Income +	10	10	10	11	12	13	15	13	13	12	13
Other income normal	9.68	9.63	9.91	11.43	11.71	12.57	14.94	13.42	13.15	12.20	12.88
Interest	2	2	2	2	2	2	2	2	2	2	2
Depreciation	16	17	18	18	17	18	20	23	21	25	25
Profit before tax	101	112	119	135	142	162	166	148	144	153	165
Tax %	25%	25%	25%	23%	25%	26%	25%	24%	25%	26%	24%
Net Profit +	76	84	89	103	107	121	124	113	108	114	125
Minority share	1	1	1	1	1	2	1	1	1	1	1
Profit excl Excep	76	84	89	103	107	121	124	113	108	114	125
Profit for PE	76	85	89	104	108	122	125	114	109	115	126
Profit for EPS	76	85	89	104	108	122	125	114	109	115	126
YOY Profit Growth %	18%	17%	21%	39%	42%	45%	41%	10%	1%	-6%	0%
EPS in Rs	3.11	3.44	3.63	4.21	4.40	4.97	5.08	4.61	4.41	4.64	5.07
Raw PDF

📊 Profit & Loss Statement Source: Screener ↗

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	659	711	700	706	910	972	1,137	1,422	1,477
Sales Growth %		7.83%	-1.60%	0.84%	28.94%	6.83%	16.95%	25.16%
Expenses +	383	450	413	409	486	551	632	770	817
Manufacturing Cost %	17.03%	17.84%	15.65%	13.95%	12.40%	12.83%	13.70%	14.00%
Employee Cost %	34.40%	38.69%	36.95%	37.29%	35.44%	36.92%	35.03%	33.07%
Other Cost %	6.67%	6.77%	6.44%	6.81%	5.54%	6.90%	6.84%	7.07%
Operating Profit	276	261	287	296	424	421	505	652	660
OPM %	42%	37%	41%	42%	47%	43%	44%	46%	45%
Other Income +	-2	1	21	30	17	27	41	53	52
Exceptional items	0.00	0.00	15.48	43.79	15.81	15.22	18.29	31.84
Other income normal	-1.58	0.81	5.76	-14.03	1.46	11.59	22.36	20.80
Interest	8	10	10	8	7	8	8	8	7
Depreciation	40	50	51	43	52	60	70	78	94
Profit before tax	227	201	247	274	383	380	467	619	610
Tax %	35%	35%	30%	25%	25%	25%	25%	25%
Net Profit +	146	131	172	205	287	285	351	465	459
Minority share	-0	-0	-0	0	0	1	3	6
Exceptional items AT	0	0	11	32	12	11	14	24
Profit excl Excep	146	131	161	173	275	273	337	441
Profit for PE	146	130	161	173	275	274	340	447
Profit for EPS	146	130	172	205	287	285	354	470
Profit Growth %		-11%	23%	8%	59%	-0%	24%	31%
EPS in Rs	5.99	5.35	7.05	8.41	11.74	11.64	14.39	19.03	18.73
Dividend Payout %	66%	84%	35%	150%	66%	65%	65%	76%

🏦 Balance Sheet Source: Screener ↗

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	49	49	49	49	49	49	49	49	50
Reserves	395	393	500	467	599	733	865	1,069	1,167
Borrowings +	112	109	0	79	82	93	96	89	78
Long term Borrowings	0	0	0	0	0	0	0	0	0
Short term Borrowings	0	0	0	0	0	0	0	1	0
Lease Liabilities	0	0	0	0	82	93	96	88	77
Other Borrowings	112	109	0	79	0	0	0	0
Other Liabilities +	142	186	252	247	227	221	403	389	432
Non controlling int	8	8	0	0	0	1	1	0	0
Trade Payables	0	0	36	53	49	43	65	80	94
Other liability items	134	178	216	194	178	177	337	309	338
Total Liabilities	698	736	801	842	957	1,096	1,413	1,596	1,726
Fixed Assets +	324	320	309	284	314	333	376	406	461
Land	24	24	24	24	24	24	24	24
Building	5	5	128	115	138	168	198	227
Plant Machinery	4	5	5	5	6	7	7	9
Equipments	10	11	11	11	13	14	15	18
Computers	84	96	103	114	141	154	165	200
Furniture n fittings	22	26	26	25	27	27	27	30
Vehicles	0	0	0	0	0	0	2	2
Intangible Assets	134	134	134	134	134	143	180	180	283
Other fixed assets	143	145	51	59	84	89	118	148
Gross Block	426	446	482	488	567	627	735	838
Accumulated Depreciation	102	126	173	204	253	294	359	432
CWIP	0	0	0	0	0	9	13	44	2
Investments	218	233	306	236	317	330	407	425	543
Other Assets +	156	184	186	322	326	425	618	722	721
Cash Equivalents	28	44	50	180	151	152	211	256	280
Loans n Advances	4	10	27	19	45	52	36	43	20
Other asset items	102	103	77	94	104	188	306	313	352
Total Assets	698	736	801	842	957	1,096	1,413	1,596	1,726

💰 Cash Flow Statement Source: Screener ↗

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	162	187	199	264	321	318	401	477
Profit from operations	256	243	291	310	449	447	523	662
Receivables	-10	-5	-5	2	4	-8	-35	-47
Payables	6	1	1	19	-2	-2	21	15
Loans Advances	-4	0	-0	0	-0	-0	-0	-2
Other WC items	4	22	-5	-1	-22	-23	-18	-5
Working capital changes	-5	19	-9	21	-20	-33	-32	-38
Direct taxes	-89	-76	-83	-67	-108	-96	-89	-146
Cash from Investing Activity +	-19	-31	-84	2	-131	-102	-188	-132
Fixed assets purchased	-43	-35	-15	-27	-62	-45	-38	-118
Fixed assets sold	4	0	0	0	0	1	0	0
Investments purchased	0	0	-57	0	-70	0	-51	0
Investments sold	18	2	0	93	0	4	0	15
Interest received	1	1	2	1	4	4	9	16
Dividends received	0	0	0	0	0	0	0	0
Invest in subsidiaries	0	0	-14	0	0	0	0	-0
Acquisition of companies	0	0	0	0	0	-8	-39	-7
Other investing items	0	0	-0	-65	-2	-58	-68	-38
Cash from Financing Activity +	-138	-158	-97	-272	-204	-205	-224	-338
Proceeds from shares	0	0	0	2	8	7	14	43
Proceeds from borrowings	0	0	0	0	0	0	0	1
Interest paid fin	-8	-10	-10	-8	-7	-8	-8	-8
Dividends paid	-116	-132	-72	-249	-189	-185	-206	-345
Financial liabilities	-14	-16	-15	-17	-15	-20	-23	-28
Net Cash Flow	5	-3	18	-6	-13	12	-10	7
Free Cash Flow	123	152	184	238	259	275	363	359
CFO/OP	91%	101%	98%	112%	101%	98%	97%	96%

📈 Key Financial Ratios

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	12	14	17	15	10	12	21	28
Inventory Days
Days Payable
Cash Conversion Cycle	12	14	17	15	10	12	21	28
Working Capital Days	10	-0	7	-28	-9	29	23	26
ROCE %		38%	44%	42%	56%	46%	48%	54%

🏭 Industry Peers — Depositories, Clearing Houses and Other Intermediaries

#	Company	CMP	P/E	Mkt Cap	ROCE	Qtr Profit	Score
1	Cams Services ★	₹766	42.7	₹18,991	54.8%	+3.5%	64
2	KFin Technolog.	₹969	47.3	₹16,725	32.8%	+8.4%	53
3	Beacon Trust.	₹100	29.8	₹181	24.4%	+7.6%	48
4	C D S L	₹1,337	58.7	₹27,945	42.0%	+2.5%	38
5	N S D L	₹886	47.5	₹17,719	23.6%	+4.4%	31

★ CAMS is the top-ranked techno-fundamental pick in Depositories, Clearing Houses and Other Intermediaries

🏛 Shareholding Pattern

	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FIIs	57.63%	55.00%	52.00%	46.90%	44.65%	44.44%
DIIs	17.34%	16.70%	17.31%	20.76%	22.00%	22.06%
Government	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%
Public	25.02%	28.30%	30.70%	32.35%	33.35%	33.49%
No. of Shareholders	4,08,950	4,59,662	4,73,085	4,81,883	5,14,502	5,42,125

🟢 CATALYSTS

🏆Positive Revenue Growth: Revenue growing at 5.5% YoY.

💹High ROE (42.0%): Above sector norm of 25% — efficient capital use.

🔀Healthy Margins (31.4%): Above sector norm of 25%.

🇮Low Beta (-0.01): Less volatile than market — defensive play.

🔴 RISKS

📜Market Risk: Broader market correction or sentiment shift could impact stock.

💰Sector Risk: Regulatory or competitive changes in Technology space.

🔓Execution Risk: Growth may not meet elevated expectations.

🕸 Factor Analysis · Radar

Momentum 8/10
1M +22.3%, 6M +0.1%, RSI 69, MACD bullish, Above 200DMA

Sentiment 7/10
Analyst upside +8.5%, Rec: strong buy

Value 1/10
P/E 41.1, P/B 15.6, PEG 2.28, EV/EBITDA 29.2

Quality 7/10
Margin 31.4%, D/E 6

Low Volatility 9/10
Beta -0.01, Ann. vol 29%

🎯 Decision Matrix

Action	If Stock Rises	If Stock Falls
BUY	Capture 8.5% analyst upside; strong 54% ROCE compounds	OPM of 39% provides margin buffer
HOLD	Retain existing position; wait for better entry; FII stake falling (-0.21%)	Miss further upside if momentum continues; 1M return of +22.3% shows momentum
SELL	Lock in -2.7% 1Y return	Avoid further drawdown

REASONS TO BUY

Analyst upside of 8.5% with mean target of ₹830
ROCE at 54% indicates strong capital efficiency
ROE of 42.0% above sector norm of 25%
Operating margin of 39% shows pricing power (sector norm: 25%)

REASONS TO SELL / AVOID

FII stake falling (-0.21%) — institutional exit signal

📰 Latest News

Computer Age Management Services Ltd (BOM:543232) Q3 2026 Earnings Call Highlights: Record ...

GuruFocus.com · 2026-01-23T13:00

RECOMMENDATION

HOLD

COMPOSITE SCORE

53/100

Computer Age Management Services Limited trades at ₹765.50 with a composite risk score of 53/100. The stock scores 10/25 on valuation, 19/25 on financial health, 8/25 on growth, and 16/25 on technicals. The company is currently profitable with strong return on equity.

Analyst consensus suggests upside of 8.5% with a mean target of ₹830. Revenue growth is at 5.5%.

Bottom Line: Neutral for Technology — wait for better entry or catalyst. The current recommendation is HOLD.

PROFITABLE HIGH ROE