CMS Info Systems Q3 FY26: ₹618 Cr, SBI win, ₹2.75 dividend

The key update investors tracked in February 2026

CMS Info Systems Limited reported its Q3 FY26 results for the quarter ended December 31, 2025, alongside a board-approved interim dividend. The company also highlighted a large, long-tenure contract win from State Bank of India (SBI), positioning it as a notable development in cash outsourcing by PSU banks. The updates came through disclosures linked to a Board meeting held on February 12, 2026, under SEBI Listing Regulations. Separately, market trackers also flagged near-term share price moves and dividend-related dates, including the record date for the interim dividend.

Board meeting outcomes and key dates

The Board of Directors met on February 12, 2026 and approved the unaudited financial results for Q3 FY26. In the same meeting, the Board declared an interim dividend of ₹2.75 per equity share (face value ₹10), stated as 27.50% of face value. The record date was fixed as Wednesday, February 18, 2026. The company scheduled the dividend payment on or before March 14, 2026. An earnings conference call to discuss the results was scheduled for Friday, February 13, 2026 at 12 pm (IST).

Q3 FY26 financial snapshot: revenue up, profitability mixed

CMS Info Systems reported consolidated revenue of ₹618 crore in Q3 FY26, showing 2% quarter-on-quarter (QoQ) growth (against ₹609 crore in Q2 FY26). Business EBITDA was reported at ₹158 crore, up 9% QoQ (from ₹145 crore). Profit before tax (PBT) before exceptional items was reported at ₹88 crore, down 8% QoQ (from ₹96 crore), with the company noting Q2 FY26 included one-off ESOP/PLI reversal benefits of ₹12 crore. In another reported comparison, profit before tax in Q3 FY26 stood at ₹77.03 crore, down 38.6% from ₹125.42 crore in Q3 FY25.

One summary also reported a 38.4% fall in consolidated net profit to ₹57.40 crore in Q3 FY26, while net sales rose 6.3% to ₹618.22 crore versus Q3 FY25. For Q2 September 2025 (over Q2 September 2024), another data point stated net profit declined 19.32% to ₹73.35 crore while net sales declined 2.55% to ₹608.62 crore. A table-style extract in the provided data also listed “Net Profit” at ₹574 crore for Q3 FY26 and ₹734 crore for Q2 FY26, which is not consistent with the other net profit numbers cited alongside the same quarter references.

Segment performance: Cash Logistics and Managed Services

CMS Info Systems disclosed segment-level trends for Q3 FY26. In Cash Logistics, revenue was reported at ₹384 crore, a 3% QoQ decline, while EBIT grew 7% QoQ to ₹63 crore. In Managed Services and Technology Solutions, revenue was reported at ₹295 crore, growing 9% QoQ, while EBIT rose 4% QoQ to ₹39 crore (including Card Services). The company also highlighted that services revenue grew 4% QoQ.

Exceptional items: labour code impact in Q3 FY26

A notable accounting impact cited in the financial statements related to the implementation of new Labour Codes by the Government of India, effective November 21, 2025. The company recognised incremental employee benefit expenses of INR 111.07 million (₹11.11 crore) and presented it as “Exceptional items,” citing its non-recurring and regulatory-driven nature. The same impact was also referenced as a one-time wage code impact of ₹11 crore.

Major contract win: ₹1,000 crore SBI deal over 10 years

CMS Info Systems highlighted a ₹1,000 crore contract from State Bank of India over 10 years. The contract was described as covering about 5,000 bank-owned ATMs across India. The company called it the first such direct large PSU bank cash outsourcing contract. It also stated the contract provides ₹500 crore in incremental revenue.

IPPB ATM replacement order after AGS disruption

In another development tracked by markets, CMS Info Systems shares were cited as rising after India Post Payments Bank (IPPB) awarded a contract to replace 1,000 ATMs and cash dispensers. The context provided was that former provider AGS Transact Technologies went bankrupt, which disrupted IPPB’s ATM operations. The IPPB order was referenced as a key operational win tied to continuity and replacement needs.

Corporate actions and dividend track record

The interim dividend declared for FY 2025-26 was ₹2.75 per share, with record date February 18, 2026 and payment scheduled on or before March 14, 2026. The data also listed prior dividends and ex-dates, including ₹3 per share (ex date May 23, 2025), ₹3.25 per share (ex date May 23, 2025), ₹4.75 per share (ex date August 30, 2023), and ₹1 per share (ex date September 13, 2022). A market note stated the company has increased dividends consistently over the last five years, with current dividend yield referenced at 3.20% (and also 3.18% elsewhere). Dividend payout ratios were cited at 41.92% (latest) and 31.19% (3-year average).

Deal activity and Securens Systems consolidation

CMS Info Systems signed a term sheet for a business transfer agreement with a leading managed services provider, with an estimated deal value of ₹100-125 crore. Another line item stated it will acquire assets for a total consideration of ₹115 crore, with the transaction expected to close in Q1 FY27.

The disclosures also stated that Securens Systems Private Limited (SSPL) was acquired for ₹44.11 crore (INR 441.07 million) and is consolidated with results included from September 11, 2025. Separately, the company informed the exchange it completed the acquisition of 53.89% of SSPL share capital on a fully diluted basis and was in the process of acquiring the remaining shares in one or more tranches.

Stock price points and company identifiers cited

A price update noted CMS Info Systems share price moved down by 1.33% from ₹310.20 to ₹306.10. Another line stated the CMSINFO share price as on May 14, 2026 is ₹302.45. Historical end-of-day data provided included BSE (15:35 | 07-11-2025) at ₹351.30, down 1.01%, and NSE (15:53 | 07-11-2025) at ₹350.95, down 1.17%.

The registered office details provided were: T-151, 5th Floor, Sector-11, Tower No., Railway Station Complex, CBD Belapur, New Mumbai, Maharashtra 400614; telephone 022-8976781368; email investors@cms.com; website http://www.cms.com. Registrar address was listed as C 101, 247 Park (with the remainder not provided in the supplied text).

Key numbers table

Why these disclosures mattered to markets

The SBI contract was positioned as a long-tenure, large-value outsourcing win tied to bank-owned ATM infrastructure, which investors often track for revenue visibility. The labour code impact was explicitly separated as an exceptional item, helping readers distinguish operational performance from regulatory-driven accounting changes. The term sheet for a business transfer and the stated ₹115 crore asset acquisition (closing expected in Q1 FY27) were additional moving parts that can affect reported numbers over future periods. Meanwhile, the IPPB replacement order linked CMS Info Systems to a live operational disruption in the ATM ecosystem following AGS Transact Technologies’ bankruptcy.

Conclusion

CMS Info Systems’ Q3 FY26 update combined moderate QoQ revenue growth, higher Business EBITDA, and a dividend announcement with a large SBI contract win. The next formal milestones disclosed were the February 18, 2026 record date, the dividend payment timeline on or before March 14, 2026, and the Q1 FY27 expected closing for the stated asset acquisition.