Computer Age Management Services Ltd · NSE:CAMS
Computer Age Management Services — Q3 FY2025 Earnings Presentation
46 slides from Computer Age Management Services's earnings presentation, Jan 29, 2025
Slide 1: Cover letter to stock exchanges
29th January 2025 BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th floor, Plot No. C/1, Dalal Street G Block, Bandra Kurla Complex, Bandra Mumbai 400 001 (East), Mumbai 400 051 Scrip Code: 543232 Trading Symbol : CAMS Dear Sir / Madam, Sub: Present
Slide 2: Investor Presentation Q3 & 9MFY25
Investor Presentation Q3 & 9MFY25
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Computer Age Management Services Limited (CAMS) (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to p
Slide 4: Quarterly Highlights
Quarterly Highlights
Slide 5: Key Financial Highlights Q3 FY25
KEY FINANCIAL HIGHLIGHTS Q3 FY25 Revenue grew MF revenue grew by Non-MF revenue grew Share of Non-MF by 27.6% YoY 28.4% YoY by 22.3% YoY revenue@ 12.3% of overall revenue EBITDA grew EBITDA percentage Profit After Tax grew Profit percentage by 34% YoY stood at 47%, by 40.5% YoY stood at 32.6%, 280 2
Slide 6: Operational Highlights for Q3FY25
Operational Highlights for Q3FY25 Mutual Funds Beyond Mutual Funds • Won all 3 RTA mandates awarded recently - Jio BlackRock MF, o CAMSPay has registered a stellar revenue growth of 53% in Q3 FY25, the surge Pantomath MF and Choice MF; With these wins, CAMS is the Partner in digital payments has bee
Slide 7: Continued Growth in AuM, Unique Investors and New SIP registrations
Continued Growth in AuM, Unique Investors and New SIP registrations New highs in transaction volume Equity AuM * Equity Net Sales* 15.4 YoY Cr 56% Growth Q3FY’24 24.0 Cr 25.6 0.97 Q-o-Q 17.0 0.51 7% Growth Q3FY’25 22.4 Q3FY'24 Q3FY'25 Q3FY'24 Q3FY'25 Cr Q2FY’25 *Equity includes Growth ,Index Equity
Slide 8: Mutual Fund Industry vs CAMS AAuM – Q3 & 9MFY25
Mutual Fund Industry vs CAMS AAuM – Q3 & 9MFY25 CAMS – Market Share AAuM Serviced by CAMS Equity AAuM – CAMS Industry AAuM Equity AAuM # - Industry (based on Quarterly AAuM) 46.3 Tn. 25.6 Tn. 68.6 Tn. 39.0Tn. ~68%* ₹ ₹ ₹ ₹ Q3 FY25 37.8% Y-o-Y 51.0% Y-o-Y 39.4% Y-o-Y 50.9 % Y-o-Y Net flows into equit
Slide 9: Operational Metrics – Q3 FY25
Operational Metrics – Q3 FY25 SIP Book Systematic Transaction Volume Transactions 59.2 Mn. 239.9 Mn. Processed (as on Dec 31, 2024) 195.4 Mn. YoY: 56% YoY: 35% YoY: 57% QoQ: 7% QoQ: 5.4% QoQ: 9% Live Investor Folios Unique Investors 90.9 Mn. Serviced (as on Dec 31, 2024) 39.0 Mn. (as on Dec 31,2024)
Slide 10: Beyond MF
Beyond MF ❑ Revenue grew by 53 % Y-on-Y ❑ CAMS KRA continues to deliver double digit revenue ❑ Growth momentum continues to be strong with 53 growth for the 4th quarter in a row at 27% Y-o-Y new mandates in Q3FY25 which includes 21 new to ❑ The Digital Payments segment achieves an CAMS clients. impr
Slide 11: Beyond MF
Beyond MF ❑ Won a large TSP++ deal for PFM mandate from one ❑ Sustaining Market Share Growth - Wins AA and ❑ Insurance Repository service crosses 1 crore e-policies of the largest banks in the country Analytics mandate from one of the largest as well as 80 lakh eIAs payments banks in India ❑ Won VKY
Slide 12: Financials
Financials
Slide 13: Revenue Highlights – Q3 FY25
Revenue Highlights – Q3 FY25 27.6 % YoY Revenue ₹36,974.29 Lakh 1.3 % QoQ Non- Asset 28.8% YoY 26.7% YoY 28.4% YoY 22.3% YoY Asset MF Non-MF Based 2.0% QoQ Based 1.1% QoQ Revenue 1.9% QoQ Revenue (3.1%) QoQ Revenue Revenue Asset Mix Equity component: Q3 FY25 @ 54.6% (Q3 FY24: @ 49.9% / Q2 FY25: @ 54
Slide 14: Revenue Highlights – 9M FY25
Revenue Highlights – 9M FY25 Revenue ₹1,06,631.75 Lakh 29.1 % YoY Non- Asset Asset MF Non-MF Based 29.4% YoY 28.0% YoY 29.2% YoY 28.2% YoY Based Revenue Revenue Revenue Revenue Asset Mix Equity component: 9m FY25 @ 54.2% (9m FY24: @ 48.0%) 13
Slide 15: Financial Highlights – Q3 FY25
Financial Highlights – Q3 FY25 Operating EBITDA – PBT – 43.6% PAT – 32.6% 47.0% Return on Net-Worth* 17,140 17,377 16,757 12,247 12,549 48.1% 16,394 8,929 12,967 11,956 ** Cash & Cash Q3 FY24 Q2 FY25 Q3 FY25 Q3 FY24 Q2 FY25 Q3 FY25 Q3 FY24 Q2 FY25 Q3 FY25 Equivalent as on 31st Dec 24 was ₹771.45 Cr.
Slide 16: Financial Highlights – 9M FY25
Financial Highlights – 9M FY25 Operating EBITDA – PBT – 43.0% PAT – 32.2% 46.5% 49,578 35,617 47,517 36,244 25,014 33,475 9m FY24 9m FY25 9m FY24 9m FY25 9m FY24 9m FY25 36.8 % YoY 41.9% YoY 42.4% YoY Profit numbers are after considering the non-cash charge (ESOPs) amounting to ₹ 10.4 Cr. (9m FY25)
Slide 17: Revenue Profile Q3FY25
Revenue Profile Q3FY25 Revenue Breakup Revenue (In ₹ Lakhs) 12.9% 12.9% 12.3% 13.9% 13.8% 13.8% 27.6% 100% 73.2% 73.3% 73.9% 31-Dec-23 30-Sep-24 31-Dec-24 36,974 Quarter ended MF – Assets Based MF-Non assets Based Non- Mutual Fund Breakup of Non-Mutual Fund 36,517 28,968 Quarter ended Particulars 31
Slide 18: Revenue Profile 9MFY25
Revenue Profile 9MFY25 Revenue Breakup Revenue (In ₹ Lakhs) 12.9% 12.9% 13.9% 13.8% 29.1% 100% 73.2% 73.4% 9m FY24 9m FY25 Quarter ended MF – Assets Based MF-Non assets Based Non- Mutual Fund Breakup of Non-Mutual Fund 106,632 82,606 9M ended Particulars st 31 Dec 23 31st Dec 24 AIF (including Fintu
Slide 19: Consolidated Financial Highlights – Quarterly
Consolidated Financial Highlights – Quarterly In INR Lakh In INR Lakh Total Operating Revenue OP.EBITDA & OP. EBITDA in % 40 ,5 00 0.2 20 , 00 90 .0 % 18 , 00 35 ,5 00 80 .0 % 0.1 16 , 00 70 .0 % 30 ,5 00 14 , 00 46.9% 0 46.1% 45.4% 47.0% 60 .0 % 25 ,5 00 12 , 00 44.5% 44.8% -01. 10 , 00 42.2% 50 .0
Slide 20: Q3 & 9MFY25 Standalone P&L
Q3 & 9MFY25 Standalone P&L ₹ in lakhs Particulars Q3 FY25 Q3 FY24 Y-o-Y Q2 FY25 Q-o-Q 9MFY25 9MFY24 Y-o-Y Revenue from operations 34,754.98 26,887.82 7,867.16 34,190.16 564.82 99,746.21 76,741.54 23,004.67 Other income 1,203.70 781.83 421.87 989.70 214.00 3,133.43 2,305.91 827.52 Total revenue 35,95
Slide 21: Q3 & 9MFY25 Consolidated P&L
Q3 & 9MFY25 Consolidated P&L ₹ in lakhs Particulars Q3 FY25 Q3 FY24 Y-o-Y Q2 FY25 Q-o-Q 9MFY25 9MFY24 Y-o-Y Revenue from operations 36,974.29 28,967.75 8,006.54 36,517.21 457.08 1,06,631.75 82,605.93 24,025.82 Other income 1,494.02 991.25 502.77 1,257.41 236.61 3,922.07 2,921.81 1,000.26 Total reven
Slide 22: Q3 & 9MFY25 Standalone P&L (with split of operating & other expenses)
Q3 & 9MFY25 Standalone P&L (with split of operating & other expenses) ₹ in lakhs Particulars Q3 FY25 Q3 FY24 Y-o-Y Q2 FY25 Q-o-Q 9MFY25 9MFY24 Y-o-Y Revenue from operations 34,754.98 26,887.82 7,867.16 34,190.16 564.82 99,746.21 76,741.54 23,004.67 Other income 1,203.70 781.83 421.87 989.70 214.00 3
Slide 23: Q3 & 9MFY25 Consolidated P&L (with split of operating & other expenses)
Q3 & 9MFY25 Consolidated P&L (with split of operating & other expenses) ₹ in lakhs Particulars Q3 FY25 Q3 FY24 Y-o-Y Q2 FY25 Q-o-Q 9MFY25 9MFY24 Y-o-Y Revenue from operations 36,974.29 28,967.75 8,006.54 36,517.21 457.08 1,06,631.75 82,605.93 24,025.82 Other income 1,494.02 991.25 502.77 1,257.41 23
Slide 24: ESG & CSR Activities
ESG & CSR Activities
Slide 25: Environment, Social & Corporate Governance
Environment, Social & Corporate Governance Relentless focus on Weaving a Culture Rich in Ethics, Accountability and Transparency Environment People Compliance Environment Risk Board Management Composition Ensure risks are managed All key Policies, Decisions, Board of Directors is strong and adequate
Slide 26: Education, Health and Environment CSR
CAMS continues to focus on the areas of Education, Health and Environment care across the country as part of its CSR activities. Education Health Environment ➢ Focus on education and vocational training for children in rural areas. ➢ Focus on environmental projects to ➢ Focus on providing healthcare
Slide 27: Company Overview
Company Overview
Slide 28: CAMS – Business at a glance
CAMS – Business at a glance Technology-driven India’s largest registrar and Services 10 of the 15 largest Leveraged domain financial infrastructure transfer agent (“RTA”) of MFs2; expertise, processes and and services provider to mutual funds (“MFs”) with an over 21 years average infrastructure to c
Slide 29: CAMS – Mutual Fund Services Business
CAMS – Mutual Fund Services Business Provides a range of technology-enabled infrastructure to mutual funds – Involved through the life cycle of an account from account creation to processing transactions and redemption of the amount invested Uniform Regulatory change Service Best Practice Implementa
Slide 30: Technology platforms and mobile applications for MF, AIF & PMS
Technology platforms and mobile applications for MF, AIF & PMS CAMS has developed and implemented various technology platforms and its technology driven infrastructure and services are integral to the operations of its clients mfCRM edge360 Mobility solution for MF RMs/SMs App and Portal for MF dist
Slide 31: Mutual Fund Services provided by CAMS
Mutual Fund Services provided by CAMS CAMS is involved through the life cycle of an account – from account creation to processing to redemption; Also provides statutory statements, transaction origination, operations, investor and distributor services, risk management s ervices and compliance servic
Slide 32: Platform and service partner for alternatives
The leading platform and service partner for alternatives, Combining versatile technology, contemporary digital utilities and full stack services for investor on- boarding, fund accounting and operations has helped us scale to become the largest platform & service partner for alternatives 460+ ₹2.30
Slide 33: CAMS KRA, second-largest KYC Registration Agency
CAMS KRA, the second-largest KYC Registration Agency, is rapidly expanding its reach in the capital market. Leveraging AI and automation, we're offering innovative solutions like our 10-minute KYC process to streamline operations and attract new clients. Our focus on operational excellence and strat
Slide 34: Insurance customer experience platform
The premier customer experience platform in India to service both Insurance companies & policy holders Empowers over 45 insurance companies with end-to-end operational support and technology-driven solutions. India’s first insurance portfolio management platform, Bima Central, offers policy holder s
Slide 35: CAMSPay: payment processing leader in Mutual Funds
Market leader in Mutual Funds payment processing As a scalable, full-stack BFSI-focused payments platform, CAMSPay provides a holistic suite of services that lead the way in achieving same-day NAV processing, and expedited on-boarding and authentication of new customers. 2.8 Mn.+ ~40% Of Overall Ins
Slide 36: Winning strides in the Account Aggregator arena
Winning strides in the path breaking Account Aggregator arena CAMSfinserv is among the first RBI-licensed account aggregator platform to drive adoption of consent-based sharing of financial asset information among Banks, financial institutions, Fintechs and customers and shape the inevitable future
Slide 37: Full stack data science & AI solutions for BFSI
Full stack data science & AI-centric solutions to propel BFSI enterprises A trusted advisor and digital partner to marquee Indian BFSI enterprises, Think360 pioneers in Alternative Data and AI Credit Scoring solutions. Think360 offers modern AI capabilities that transform KYC and customer onboarding
Slide 38: NPS CRA platform
CAMS industry-first NPS CRA platform on award winning cloud platform Launched by PFRDA Chairman in March ’22, CAMS eNPS platform is designed to provide superior subscriber experience leveraging robust technology and deep experience in serving customers for pension account opening, record keeping and
Slide 39: Corporate Structure
Corporate Structure Computer Age Management Services Limited Mutual Funds Services, Alternate Investment Funds Services, Payment Services, Banking and Non-Banking Service Businesses 100% 100% 100% 55% CAMS Insurance Repository Services CAMS Investor Services CAMS Financial Information Services Think
Slide 40: Experienced Board of Directors
Experienced Board of Directors Board of Directors Vijayalakshmi Rajaram Iyer Dinesh Kumar Mehrotra Pravin Udhyavara Bhadya Rao Independent Director Chairman & Non - Independent Director Independent Director Anuj Kumar Narumanchi Venkata Sivakumar Santosh Kumar Mohanty Managing Director Independent D
Slide 41: Experienced management team
Experienced management team with 27+ years average tenure, skilled in business growth, diversification, and innovation Anuj Kumar – Managing Director Ramcharan Sesharaman – Chief Financial Officer • Joined the company in March 2016 • Joined the company in March 2020 • Previously associated with Godr
Slide 42: Experienced management team
Experienced management team with 27+ years average tenure, skilled in business growth, diversification, and innovation Vasanth Emmanuel Jeyapaul, Chief Executive Officer – CAMSPay Vivek Bengani, Chief Executive Officer – CAMSRep • Joined the company in March 2017 • Joined the company in March 2022 •
Slide 43: History / Milestones
History / Milestones • Our Company was • Our Company was issued • The certificate of • Our Company was issued • Our Company was issued • CIRSL was incorporated • CISPL was incorporated • CIRSL was issued a incorporated as a certificate of registration was issued to a certificate of a certificate of
Slide 44: Awards and Accolades
Awards and Accolades FY23-24 FY24-25 • CAMS Wins LACP vision for Annual Report • CAMS FE CFO Awards CAMS was selected in the Small Enterprises category. • “𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗔𝘄𝗮𝗿𝗱” at the “𝟭𝟲𝘁𝗵 𝗘𝗱𝗶𝘁𝗶𝗼𝗻 𝗗𝗮𝘁𝗮𝗖𝗲𝗻𝘁𝗲𝗿 𝗦𝘂𝗺𝗺𝗶𝘁 & CFO Mr. Ramcharan Sesharaman was…
Slide 45: Shareholders' Information
Shareholders’ Information Stock Data Shareholding Pattern (%) Market Capitalisation Shares Outstanding 25,055.83 Cr. 4,93,65,759 25.04% Free Float Scrip Symbol / Code 25,055.83 Cr. CAMS / 543232 Market 1.74% Capitalisation Top Shareholders INR 25,055.83cr 57.63% 4.22% Fidelity HDB Seafarer Investmen
Slide 46: Thank You
COMPANY : Computer Age Management Services Limited (CAMS) Mr. Anish Sawlani, Head – IR +91 72990 07973 anish.sawlani@camsonline.com anish.sawlani@camsonline.com INVESTOR RELATIONS ADVISORS : Orient Capital (a division of MUFG Corporates Markets) Mr. Suraj Shah Ms. Shiwani Karwat +91 95457 76665 +91
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