Computer Age Management Services Ltd · NSE:CAMS
Computer Age Management Services — Q3 FY2026 Earnings Presentation
50 slides from Computer Age Management Services's earnings presentation, Jan 22, 2026
Slide 1: Cover letter to stock exchanges
22nd January 2026 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 FY'26
Investor Presentation Q3 FY’26
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: Business Overview
See Business Overview —. ah ’
Slide 5: Presentation Flow
Presentation Flow Business Overview Financials About CAMS Business Highlights Q3 FY’26 Revenue Highlights – Q3 FY’26 Business at a Glance Page No: 5 - 6 Page No: 15 Page No: 30 MF - Operational Highlights –Q3 FY’26 Financial Highlights – Q3 FY’26 Mutual Fund Services Business Page No: 7 Page No: 16
Slide 6: Business Highlights for Q3 FY'26
Business Highlights for Q3 FY’26 Financial Highlights The Company has delivered its all-time highest quarterly revenue in Q3 FY’26, fuelled by strong performance across both MF and non-MF businesses Enterprise revenue grew 5.5% Y-o-Y (up 3.6% Q-o-Q), while non-MF revenue surged 24.3% Y-o-Y (up 4
Slide 7: Business Highlights for Q3 FY'26
Business Highlights for Q3 FY’26 Beyond Mutual Funds Non- MF revenue cont ri but i on i ncreased t o 14. 5%in Q3 FY’26, underscori ng sust ai ned revenue di versi f i cat i on The KRA busi ness of NSE ( NSEDAL) was successf ul l y t ransf erred t o CAMS KRA, rei nf orci ng i t s posi t i on as I
Slide 8: Mutual Funds – Operational Highlights – Q3 FY'26
Mutual Funds – Operational Highlights – Q3 FY’26 Equity Net Sales* (Rs. New highs in transaction volume Equity AuM (Rs. Cr.) Cr.) 14% 19% Growth Growth 71.2% Y-o-Y Y-o-Y 69.2% Share 66.4% 65.4% Share Share Share 27.3 66.1% 26.0 Cr. 66.1% Share Share 24.4 Cr. 30,37,882 57,575 1,02,671 83,776 28,73,48
Slide 9: Mutual Fund Industry vs. CAMS AAuM – Q3 FY'26
Mutual Fund Industry vs. CAMS AAuM – Q3 FY’26 CAMS – Market Share AAuM Serviced by CAMS Equity AAuM – CAMS (based on Quarterly AAuM) ₹ 54.7 Tn. ₹ 30.4 Tn. ~68%* 18.2% Y-o-Y 18.6% Y-o-Y Net flows into equity assets 4.9% Q-o-Q 5.7% Q-o-Q Q1 FY’26 reached all time high in Q3 FY’26 at Rs.83,776 Cr. Indu
Slide 10: Operational Metrics – Q3 FY'26
Operational Metrics – Q3 FY’26 SIP Book Systematic Transactions Transaction Volume 63.8 Mn. Processed 272.8 Mn. (as on December 31, 2025) 222.8 Mn. Y-o-Y: 14% Y-o-Y: 8% Y-o-Y:14% Q-o-Q: 5% Q-o-Q: 3% Q-o-Q: 4% Live Investor Folios Unique Investors Serviced 107.8 Mn. 44.6 Mn. (as on December 31, 2025)
Slide 11: Mutual Fund Industry vs. CAMS AAuM – 9m FY'26
Mutual Fund Industry vs. CAMS AAuM – 9m FY’26 CAMS – Market Share AAuM Serviced by CAMS Equity AAuM – CAMS (based on Quarterly AAuM) ₹ 51.8 Tn. ₹ 28.6 Tn. ~68%* Net flows into 18.7% Y-o-Y 19.3% Y-o-Y equity assets remain Q1 FY’26 positive in 9 Mn. FY’26 at Rs.2,44,022 Cr. Industry AAuM Equity AAuM #
Slide 12: Operational Metrics – 9m FY'26
Operational Metrics – 9m FY’26 Transaction Volume SIP Book Systematic Transactions 777 Mn. 63.8 Mn. Processed (as on December 31, 2025) 639.5 Mn. Y-o-Y: 19% Y-o-Y: 8% Y-o-Y:22% Live Investor Folios Unique Investors Serviced 107.8 Mn. 44.6 Mn. (as on December 31, 2025) (as on December 31, 2025) Y-o-Y
Slide 13: Beyond MF
Beyond MF o CAMSPay delivered robust performance, o CAMS Alternatives posted its highest-ever o CAMSRep Overall revenue grew by 15%Y-o-Y with revenue increasing by 59% Y-o-Y (24% quarterly revenue in Q3 FY’26, marking a and 11% Q-o-Q from base business and the rest from the strong 16% Y-o-Y growth o
Slide 14: Beyond MF
Beyond MF o CAMS KRA revenue grew in sequential quarters as well as annually, o Signed 38 new deals this quarter, marking the highest number despite decline in new account opening in the capital markets achieved in a single quarter o Revenue up 5% Q-o-Q and 6% Y-o-Y, Crosses 2.15 Cr. unique user o A
Slide 15: Financials
Financials J é : ‘ i se . eV A eS KI Ieee NN
Slide 16: Revenue Highlights – Q3 FY'26
Revenue Highlights – Q3 FY’26 3.6% Q-o-Q Revenue ₹ 39013.90 Lakh 5.5 % Y-o-Y Non-Asset Asset 3.8% Q-o-Q 0.7% Q-o-Q 3.3% Q-o-Q 4.8% Q-o-Q Based MF Non-MF Based 5.0% Y-o-Y Revenue (8.8)% Y-o-Y Revenue 2.9% Y-o-Y Revenue 24.3% Y-o-Y Revenue Asset Mix Equity component: Q3 FY’26 @ 54.0% (Q3 FY’25: @ 54.6
Slide 17: Financial Highlights – Q3 FY'26
Financial Highlights – Q3 FY’26 Operating EBITDA – 46.0 % PBT – 41.1% PAT – 31.1% Return on 16,813 17,936 Net-Worth* 17,377 16,565 16,757 15,437 12,549 12,554 40.2% 11,494 ** Cash & Cash Equivalent Q3 FY25 Q2 FY26 Q3 FY26 Q3 FY25 Q2 FY26 Q3 FY26 Q3 FY25 Q2 FY26 Q3 FY26 as on st 31 Dec 25 was Rs 852.
Slide 18: Revenue Profile Q3 FY'26
Revenue Profile Q3 FY’26 Revenue Breakup Revenue (In ₹ Lakh) 12.3% 14.4% 14.5% 13.8% 12.2% 11.9% 100% 5.5% 73.9% 73.4% 73.6% 31-Dec-24 30-Sep-25 31-Dec-25 Quarter ended 39,014 MF – Assets Based MF-Non assets Based Non- Mutual Fund Breakup of Non-Mutual Fund Quarter ended Particulars 31st Dec 24 30th
Slide 19: Revenue Highlights – 9m FY'26
Revenue Highlights – 9m FY’26 Revenue ₹1,12,102.88 Lakh 5.1% Y-o-Y Non-Asset Asset Based MF Non-MF Based 5.6% Y-o-Y (6.3)% Y-o-Y 3.7% Y-o-Y 14.7% Y-o-Y Revenue Revenue Revenue Revenue Asset Mix Equity component: 9m FY’26 @ 53.9% (9m FY’25: @ 54.2%) Investor Presentation 18
Slide 20: Financial Highlights – 9m FY'26
Financial Highlights – 9m FY’26 Operating EBITDA – 44.8 % PBT – 40.2% PAT – 30.2% Return on Net-Worth* 38.8% 49,578 50,231 47,517 46,546 35,617 34,957 9m FY25 9m FY26 9m FY25 9m FY26 9m FY25 9m FY26 1.3% Y-o-Y (2.0%) Y-o-Y (1.9%) Y-o-Y Profit numbers are after considering the non-cash charge (ESOPs)
Slide 21: Revenue Profile 9m FY'26
Revenue Profile 9m FY’26 Revenue Breakup Revenue (In ₹ Lakh) 12.8% 14.0% 13.8% 12.3% 100% 5.1% 73.4% 73.7% 9m FY'25 9m FY'26 1,12,103 Quarter ended MF – Assets Based MF-Non assets Based Non- Mutual Fund Breakup of Non-Mutual Fund Half Yearly Particulars 9m FY’25 9m FY’26 AIF 2.7% 2.9% 1,06,632 CAMS
Slide 22: Consolidated Financial Highlights – Quarterly
Consolidated Financial Highlights – Quarterly In INR Lakh In INR Lakh Total Operating Revenue OP.EBITDA & OP. EBITDA in % 45, 500 0.2 20, 000 90. 0% 40, 500 18, 000 80. 0% 0.1 16, 000 70. 0% 35, 500 14, 000 0 46.9% 47.0% 60. 0% 45.4% 44.9% 44.6% 46.0% 30, 500 12, 000 43.7% 50. 0% 25, 500 -0.1 10, 00
Slide 23: Standalone P&L (FY'26 vs. FY'25 – Quarterly & 9m Results)
Standalone P&L (FY’26 vs. FY’25 – Quarterly & 9m Results) ₹ in Lakh Part i cul ars Q3 FY’26 Q3 FY’25 Y- o- Y Q2 FY’26 Q- o- Q 9m FY’26 9m FY’25 Y- o- Y FY’25 Revenue f romoperat i ons 36, 697. 22 34, 754. 98 1, 942. 24 35, 389. 47 1, 307. 75 1, 05, 524. 96 99, 746. 21 5, 778. 75 1, 33, 390. 02 Ot he
Slide 24: Standalone P&L with split of operating & other expenses
Standalone P&L (FY’26 vs. FY’25 – Quarterly & 9m Results) (with split of operating & other expenses) ₹ in Lakh Part i cul ars Q3 FY’26 Q3 FY’25 Y- o- Y Q2 FY’26 Q- o- Q 9m FY’26 9m FY’25 Y- o- Y FY’25 Revenue f romoperat i ons 36, 697. 22 34, 754. 98 1, 942. 24 35, 389. 47 1, 307. 75 1, 05, 524. 96
Slide 25: Consolidated P&L (FY'26 vs. FY'25 – Quarterly & 9m Results)
Consolidated P&L (FY’26 vs. FY’25 – Quarterly & 9m Results) ₹ in Lakh Particulars Q3 FY’26 Q3 FY’25 Y-o-Y Q2 FY’26 Q-o-Q 9m FY’26 9m FY’25 Y-o-Y FY’25 Revenue from operations 39, 013. 90 36, 974. 29 2, 039. 61 37, 673. 79 1, 340. 11 1, 12, 102. 88 1, 06, 631. 75 5, 471. 13 1, 42, 248. 33 Other incom
Slide 26: Consolidated P&L with split of operating & other expenses
Consolidated P&L ( FY’26 vs. FY’25 – Quarterly & 9m Results) (with split of operating & other expenses) ₹ in Lakh Particulars Q3 FY’26 Q3 FY’25 Y-o-Y Q2 FY’26 Q-o-Q 9m FY’26 9m FY’25 Y-o-Y FY’25 Revenue from operations 39, 013. 90 36, 974. 29 2, 039. 61 37, 673. 79 1, 340. 11 1, 12, 102. 88 1, 06, 6
Slide 27: ESG & CSR Activities
ESG & CSR Activities - * L—
Slide 28: ESG Initiatives
ESG Initiatives CAMS continues to make steady progress on the three pillars of ESG CSR and ESG Committee drives ESG framework The Company has taken Environment as one of its focus areas Commencement of Science Based Target (SBT) setting for reducing GHG emissions in line with the climate cha
Slide 29: ESG Highlights
ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) ESG HIGHLIGHTS: Environment Social Governance Score Score Score The Environment pillar The Social pillar is The Governance pillar is is driven by the driven by the following driven by the following following factors: factors: factors: GHG emissions from dir
Slide 30: Company Overview
Company Overview ee SS ;
Slide 31: CAMS – Business at a Glance
CAMS – Business at a Glance Technology-driven India’s largest registrar and Leveraged domain financial infrastructure Services 10 of the 15 largest transfer agent (“RTA”) of expertise, processes and and services provider to MFs2; over 23 years average mutual funds (“MFs”) with an infrastructure to c
Slide 32: 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 33: Nurturing Innovation Through Our Industry First Products & Solutions
Nurturing Innovation Through Our Industry First Products & Solutions Mutual Funds edge360 GoCORP Opera360 DiCE Pro Ferreto Watchtower36 Business myCAMS Distributor Platform Platform Smart AML 0 Intellige Single Commission for for Audit Solutions Insider nce gateway, & Empanelment trading Applicati m
Slide 34: 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 services and compliance service
Slide 35: CAMS Alternatives platform
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. 520+ ₹3 Tn
Slide 36: CAMS KRA
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 37: CAMSRep insurance services and Bima Central
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 38: CAMSPay
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. 5.9 Mn.+ 1.6 Mn.+ 13.7 Mn.+ U
Slide 39: CAMSfinserv Account Aggregator
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 40: Think360 AI solutions
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 41: CAMS eNPS 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 42: Corporate Structure
Corporate Structure Computer Age Management Services Limited 100% 100% 100% 55% CAMS Financial Information CAMS Insurance Repository CAMS Investor Services Think Analytics India Pvt Services Private Limited Services Limited (CIRSL) Private Limited (CISPL) Limited (CFISPL) 50% MF Central Technologies
Slide 43: 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 44: 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 45: 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 October 2017 • Joined the company in March 2022
Slide 46: 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 47: Awards and Accolades
Awards and Accolades FY23-24 FY25-26 • CAMS Wins LACP vision for Annual Report • Think360 AI has been recognized as ‘Top Data Science Services Providers’ by • CAMS FE CFO Awards CAMS was selected in the Small Enterprises category AIM Research CFO Mr. Ramcharan Sesharaman was honoured with the presti
Slide 48: Awards and Accolades
Awards and Accolades FY25-26 • Awards 2025 – for Bima Central’s role in solving insurance usage for the whole of India • CAMSPay has been awarded for ‘Excellence in Payment Aggregation – BFSI– Merchant Category’ by Inkspell Media • Best Insurance Tech Solution’ Award at the Global Fintech Festival A
Slide 49: Shareholders' Information
Shareholders’ Information Stock Data Shareholding Pattern (%) Market Capitalisation Shares Outstanding Rs.18,348.43 Cr. 24,76,50,635 Free Float Scrip Symbol / Code 33.39% Rs.18,348.43 Cr. CAMS / 543232 44.66% Market Capitalisation Top Shareholders Rs.18,348.43 Cr Life HDB 1.42% Franklin Insurance Em
Slide 50: Thank You
COMPANY : Computer Age Management Services Limited (CAMS) Mr. Anish Sawlani |Head – IR |+91 72990 07973 | anish.sawlani@camsonline.com Ms. Gayathri Krishna | Executive - IR |+91 8754413541| gayathri.k@camsonline.com INVESTOR RELATIONS ADVISORS : MUFG Intime India Private Limited Mr. Nikunj Seth Ms.
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