Computer Age Management Services Ltd · NSE:CAMS
Computer Age Management Services — Q3 FY2024 Earnings Presentation
51 slides from Computer Age Management Services's earnings presentation, Feb 6, 2024
Slide 1: Exchange filing cover letter for Q3 FY24 results presentation
Your Services ! I II Solutions Partner 06th February 2024 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 Symb
Slide 2: Investor Presentation February 2024
Our Mission... Your Growth COMPUTER AGE MANAGEMENT SERVICES LIMITED C/MS Investor Presentation February 2024 ::=,·: o9 e 00 0 I g [=DJ l l 00 o09 o6°o o 0 0 60°°
Slide 3: Safe Harbour Statement
Our Mission... Your Growth Safe Harbour Statement CMS This Presentation, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects,
Slide 4: FY24 Q3 Presenters
Our Mission.. Your Growth CAMS Anuj Kumar • Managing Director • • , A 5 ! • • • d • • • « • • Ram Charan Sesharaman Chief Financial Officer FY24 Q3 Earnings Presentation
Slide 5: Presentation flow
Our Mission... Your Growth Presentation flow CMS Business Overview Financials About CAMS Appendix Key Highlights for Q3FY24 Revenue & Financial Highlights – Q3FY24 Business at a Glance Corporate Structure Page No: 6-7 Page No: 20-21 Page No: 36 Page No: 45 AAuM Q3FY24 – MF industry & Revenue & Finan
Slide 6: Business Overview
Our Mission... Your Growth C/MS BUSINESS OVERVIEW
Slide 7: Key Highlights for the Q3 FY'24
Our Mission... Your Growth Key Highlights for the Q3 FY’24 CMS Mutual Funds Beyond Mutual Funds Financial Highlights CAMS Wins the Mutual fund RTA Mandate The sustained focus on expanding Non-MF CAMS Revenue grew by 18.9% YoY of Unifi Capital. With this, CAMS wins 5 businesses led to a 330 bas
Slide 8: CAMS MF – historic high in transaction volume and equity AuM
CAMS MF – 3rd quarter was marked with historic high in transaction volume and continuing lift in equity Our Mission... Your Growth AuM & new investor count; SIP registrations reached a lifetime high taking the live SIP stock to 43.9 Mn CMS Equity AuM Equity* Net sales New highs in transaction volume
Slide 9: Mutual Fund Industry & CAMS AAuM – Q3FY24
Our Mission... Your Growth Mutual Fund Industry & CAMS AAuM – Q3FY24 CMS st I \ CAMS – Market Share AAuM Serviced by CAMS Industry AAuM (based on Quarterly AAuM) 68.2%* ₹ 33.95 Trillion ₹ 49.9Trillion 22.0% YoY 22.2% YoY Net flows into equity assets remain positive in Q3 4.3% QoQ 4.7% QoQ FY24 Equit
Slide 10: Operational Metrics – Q3FY24
Our Mission... Your Growth Operational Metrics – Q3FY24 CMS SIP Book Systematic Transaction Volume Transactions 43.9 Mn. 153.5 Mn. Processed (as on 31st Dec 23) 124.5 Mn. YOY: 31% YoY: 29% YoY: 28% QoQ: 9% QoQ: 8% QoQ: 17% Live Investor Folios Unique Investors 67.3 Mn. Serviced (as on 31st Dec 23) 2
Slide 11: Mutual Fund Industry & CAMS AAuM – 9MFY24
Our Mission... Your Growth Mutual Fund Industry & CAMS AAuM – 9MFY24 CMS st I \ CAMS – Market Share AAuM Serviced by CAMS Industry AAuM (based on Half yearly AAuM) 68.4%* ₹ 32.1 Trillion ₹ 47.1Trillion 18.9% YoY 19.1% YoY Net flows into equity assets increased by 18.8 % in 9M FY24 YoY Equity AAuM –
Slide 12: Operational Metrics – 9MFY24
Our Mission... Your Growth Operational Metrics – 9MFY24 CMS SIP Book Systematic Transaction Volume Transactions 43.9 Mn. 422.7 Mn. Processed (as on 31st Dec 23) 335.6 Mn. YOY: 24% YoY: 29% YoY: 19% Unique Investors Live Investor Folios Serviced 67.3 Mn. 29.7 Mn. (as on 31st Dec 23) (as on 31st Dec 2
Slide 13: CAMS continues to be the market leader in Alternatives Services
CAMS continues to be the market leader in the Alternatives Services space catering to 180+ fund houses (400+ schemes across investor servicing and fund accounting services) CAMS Q3FY24 revenue grew by 21% YoY New client acquisition momentum continues to be strong with the business winning 32 new
Slide 14: CAMSPay product offerings further fortified
CAMS#ay° product offerings further fortified, UPI autopay offering expands beyond Our Mission... Your Growth MF with adoption by fintech channels and prominent 3rd party apps CMS 0 LIC onboards CAMSPay as exclusive partner to execute customer I > account authentication C c:r « CAMSPay registers
Slide 15: Momentum continues in new client addition and revenue growth
Momentum continues in new client addition and revenue growth CAMS ‘10-Minute KYC’ – Industry First AI embedded KYC solution to Onboard Customers Instantly Fully compliant KYC solution to service entities governed by all 4 financial sector regulators – with AI assisted Face match, OCR and Livelin
Slide 16: CAMSRep scaling new highs in eIA and epolicy
€MSRep ory Gt Services scaling new highs in eIA and epolicy and ramp ups CAMS The singular platform in India to service both Insurance companies & policy holders. Insurance repository CAMSRep empowers over 40 insurance companies with end-to-end operational support and technology-driven solutions. Pr
Slide 17: CAMSfinserv AA+TSP business gaining momentum
AA+TSP business is gaining momentum with expanded outreach and Our Mission... Your Growth CAMSfinsev superior product positioning CMS 13.3% market share for customers successfully linked to AA ecosystem Preferred AA partner in F&O Account opening usecase 25 FIU clients live in Q3, total LTD 80
Slide 18: Think360 dual strategies of standalone growth and capability extension
000 Our Mission... Your Growth Tail360' Dual Strategies of Standalone growth and capability extension to CAMS CMS eo Think360’s flagship alternative credit scoring product, Algo360, goes live with SBI Cards (country’s second largest credit cards issuer). Algo360 is India’s leading alternate data s
Slide 19: CAMS CRA – simplifying customer journeys for eNPS
CMS NP2S CAMS CRA – focusing on simplifying customer journeys for eNPS Our Mission... Your Growth System and extending API stack for POPs CMS / Cc@ co CAMS industry-first NPS CRA platform on cloud ( .o·(f) (1) , +CC @0 Designed to provide superior subscriber experience 7 2X growth in subscriber
Slide 20: Financials
Our Mission... Your Growth C/MS FINANCIALS
Slide 21: Revenue Highlights – Q3FY24
Our Mission... Your Growth Revenue Highlights – Q3FY24 CMS 18.9 % YoY Revenue ₹28,967.8 Lakh 5.3% QoQ Asset 13.2% YoY Non- 23.0% YoY Non-MF 59.9% YoY Based Asset Revenue 5.1% QoQ Based 7.0% QoQ 4.4% QoQ Revenue Revenue Asset Mix Equity component: Q3 FY24 @ 49.9% (Q3 FY23: @ 46.4% / Q2 FY24: @ 47.8%)
Slide 22: Financial Highlights – Q3FY24
Our Mission... Your Growth Financial Highlights – Q3FY24 CMS Operating EBITDA – PBT – 39.9% PAT – 29.8% 44.8% Return on Net-Worth* 12,967 11,956 8,451 8,929 43.2% 7,372 12,253 10,832 11,328 9,794 ** Cash & Cash Q2 FY24 Q3 FY23 Q3 FY24 Q2 FY24 Q3 FY23 Q3 FY24 Q2 FY24 Q3 FY23 Q3 FY24 Equivalent as on
Slide 23: Revenue Highlights – 9M FY24
Our Mission... Your Growth Revenue Highlights – 9M FY24 CMS Revenue ₹ 82,605.9 Lakh 14.3 % YoY Asset Non- Non-MF Based 9.3% YoY Asset 16.9% YoY Revenue 50.1% YoY Revenue Based Revenue Asset Mix Equity component: 9M FY24 @ 48.0% (9M FY23: @ 44.9% ) Includes results of think Analytics (subsidiary from
Slide 24: Financial Highlights – 9M FY24
Our Mission... Your Growth Financial Highlights – 9M FY24 CMS Operating EBITDA – PBT – 39.1% PAT – 29.2% 43.9% Return on Net-Worth* 36,244 25,014 40.9% 33,475 31,246 28,201 21,064 9m FY23 9m FY24 9m FY23 9m FY24 n9m FY23 9m FY24 16.0 % YoY 18.7% YoY 18.8% YoY Profit numbers are after considering the
Slide 25: Consolidated Financial Highlights – Quarterly
Our Mission... Your Growth Consolidated Financial Highlights – Quarterly CMS In INR Lakh In INR Lakh Total Operating Revenue OP.EBITDA & OP. EBITDA in % 30,500 0.2 14,000 90.0% 80.0% 0.1 12,000 25,500 70.0% 10,000 0 60.0% 20,500 8,000 41.4% 43.8% 44.5% 43.9% 42.2% 44.5% 44.8% 50.0% -0.1 40.0% 6,000
Slide 26: Q3FY24 Standalone P&L
Our Mission... Your Growth Q3FY24 Standalone P&L CMS 9M % Particulars (In Rs Lakh) Q3 FY24 Q3 FY23 YoY% Q2 FY24 QoQ% 9M FY24 9M FY23 (FY24 vs FY23) FY23 I Revenue from operations 26,887.82 23,347.65 15.2% 25,496.58 5.5% 76,741.54 69,186.89 10.9% 92,861.69 I I r---------------------------------------
Slide 27: Q3FY24 Consolidated P&L
Our Mission... Your Growth Q3FY24 Consolidated P&L CMS 9M % Particulars (In Rs Lakh) Q3 FY24 Q3 FY23 YoY% Q2 FY24 QoQ% 9M FY24 9M FY23 (FY24 vs FY23) FY23 I I Revenue from operations I 28,967.75 24,357.23 18.9% 27,508.31 I I I I 5.3% 82,605.93 72,258.85 I I I 14.3% 97,182.72 I I I I r---------------
Slide 28: Revenue Profile Q3FY24
Our Mission... Your Growth Revenue Profile Q3FY24 CMS Revenue Breakup Revenue (In ₹ Lakh) 9.5% 12.9% 12.8% 18.9% 13.5% 13.7% 14.0% 100% 28,968 77.0% 73.4% 73.2% 27,508 31-Dec-22 30-Sep-23 31-Dec-23 Quarter ended • Non-Mutual Fund • MF-Non assets Based Breakup of Non-Mutual Fund • MF – Assets Based 2
Slide 29: ESG
Our Mission... Your Growth C/MS ESG
Slide 30: Update on ESG Initiatives
Our Mission... Your Growth Update on ESG Initiatives CMS The company has a Board approved ESG policy The company has reported the BRSR initiatives as part of the Annual Report 2023 As part of the Environmental related initiatives the company partnered with an NGO – Environmentalist Foundation
Slide 31: Environment
Environment We help combat climate change and environmental challenges by ensuring resource efficiency and reducing our environmental footprints. We operate through 281 offices, including one Corporate Office and six back offices. To achieve our environmental goals, we have stringent internal target
Slide 32: Social
Our Mission... Your Growth Social CMS As global citizens, we believe that we can thrive only when the communities in which we operate also thrive. We remain committed to impacting communities through initiatives that improve access to jobs, education, and training, protect the environment, promote p
Slide 33: Social – Commitment to Employees
Our Mission... Your Growth Social CMS Commitment to Employees Grievance Redressal Mechanism for employees The employees undergo mandatory induction training where the stakeholders are made aware of CoC, Human Rights, Company policies, insider trading The Company also conducts refresher trainin
Slide 34: Governance
Our Mission... Your Growth Governance CMS We recognize ethics and governance to be of paramount importance. We are committed to maintaining the highest standards of governance in the conduct of our business and continuously strive to create lasting value for all our stakeholders. Since our inception
Slide 35: Governance – Compliance, Risk and Ethical Practices
Our Mission... Your Growth Governance CMS Compliance, Risk and Internal Audit Ethical Practices The Company has extensive Information Security CAMS Code of Conduct Management System in place for ensuring protection of the systems and safeguard information The vigil mechanism & whistle blower p
Slide 36: About CAMS
Our Mission... Your Growth C/MS ABOUT CAMS
Slide 37: CAMS – Business at a glance
Our Mission... Your Growth CAMS – Business at a glance CMS Technology-driven India’s largest registrar Services 9 of the Leveraged domain financial infrastructure and transfer agent 15 largest MFs2; expertise, processes and services provider (“RTA”) of mutual funds ~20 years average and infrastructu
Slide 38: CAMS – Mutual Fund Services Business
Our Mission... Your Growth CAMS – Mutual Fund Services Business CMS 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 ls--Ifs J Uniform Regulator
Slide 39: Proprietary technology platforms and mobile applications
CAMS – Proprietary technology platforms and mobile applications for MF, AIF Our Mission... Your Growth and PMS CMS CAMS has developed and implemented various technology platforms and its technology driven infrastructure and services are integral «6 to the operations of its clients •• •• mfCRM Mobili
Slide 40: Mutual Fund Services provided by CAMS
Our Mission... Your Growth Mutual Fund Services provided by CAMS CMS 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
Slide 41: Key Highlights
Our Mission... Your Growth Key Highlights CMS Large and Growing Scalable Mutual Funds Market 1 4 Technology Enabled Ecosystem • • • • • • • • • • Integrated Business Model & • Our Mission… Your Growth • • • Strong Focus on Longstanding Client Relationships in MF Services Business 2 • • • CAMS • • •
Slide 42: Compliance and risk management architecture
Our Mission... Your Growth CAMS – Compliance and risk management architecture CMS Relentless focus on systems and processes has allowed CAMS to become a trusted provider of services to its clients and other stakeholders I I ' Compliance I I ' Cyber Security \ I Assists MF clients with compliance wit
Slide 43: Experienced Board of Directors
Our Mission... Your Growth Experienced Board of Directors CMS Board of Directors ‒ Natarajan Srinivasan Audit ‒ Dinesh Kumar Mehrotra Committee ‒ Vijayalakshmi Rajaram Iyer Dinesh Kumar Mehrotra ‒ Sandeep Kagzi Chairman & Independent Natarajan Srinivasan Director Independent Director Nomination & ‒
Slide 44: Experienced management team
Experienced management team, with an average work experience of 27 years Our Mission... Your Growth and a demonstrated ability to grow and diversify the business and innovate services CMS Anuj Kumar – Managing Director Ramcharan Sesharaman – Chief Financial Officer Joined the company in March 2016
Slide 45: Appendix
Our Mission... Your Growth C/MS APPENDIX
Slide 46: Corporate Structure
Our Mission... Your Growth Corporate Structure CMS 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 CAMS Investor Services Private CAMS Financ
Slide 47: History / Milestones
Our Mission... Your Growth History / Milestones CMS The certificate of registration was issued to our Company was CISPL was Our Company was upgraded and a fresh incorporated on incorporated as certificate of CIRSL was February 13, 2012; Computer Age Our Company was registration as Our Co
Slide 48: Awards and Accolades
Awards and Accolades CAMS ©! . Our Company was awarded ‘Best App’ for ‘myCAMS’ app under finance category at the Global Mobile App Summit and Awards 2015 CIRSL was awarded ‘Best Newcomer Award’ at Asia Insurance Technology Awards CIRSL was awarded ‘Best Service Provider’ award in ‘Feet on Stre
Slide 49: Awards and Accolades
Our Mission... Your Growth Awards and Accolades CMS CAMS FE CFO Awards CAMS was selected in the Small Enterprises category. CFO Mr. Ramcharan Sesharaman was honoured with the prestigious Award BW HR Excellence Awards 2023 For Employee Engagement strategy category Economic Times Datacon Award 2
Slide 50: Shareholders' Information
Our Mission... Your Growth Shareholders’ Information CMS Stock Data as on 31st Dec 2023 Shareholding Pattern (%) Market Capitalisation Shares Outstanding 13,027.28 Cr 4,91,43,119 Free Float Scrip Symbol / Code Others FPIs 13,027.28 Cr CAMS / 543232 37.26% Market 45.82% Top Institutional Holders Capi
Slide 51: Thank You
Our Mission... Your Growth Mr. Anish Sawlani, Head - IR C/MS +91 72990 07973 Computer Age Management Services @ Anish.sawlani@camsonline.com THANK YOU Limited (CAMS) Mr. Rajesh Agrawal 0 orient capital +91 99674 91495 Investor Relations @ Rajesh.Agrawal@linkintime.co.in Orient Capital
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