COMPUTER AGE MANAGEMENT SERVICES LIMITED
Regd Office :New No. 10, Old No. 178, M.G.R. Salai, Nungambakkam, Chennai, Tamil Nadu, 600034
CAMS Q3 PAT increases 22.04% over previous year Quarter
Q3FY21 Consolidated Revenue from Operations stands at Rs. 185.95 crores, Consolidated PAT stands at Rs. 56.42 crores
Chennai: February 12th, 2021: Computer Age Management Services Limited (“CAMS”), a leading Registrar & Transfer Agent to Mutual Funds has announced its financial results for the third quarter ended on 31st December, 2020.
Highlights for Q3FY21 Consolidated Financials
- Total income stands at 192.34 crores as against Rs. 182.76 crores in Q3FY20 (Rs 176.21 crores in Q2FY21)
- Revenue from Operations at Rs. 185.95 crores as against Rs. 176.03 crores in Q3FY20 (Rs 171.14 crores in Q2FY21)
- Profit Before Tax stands at Rs 75.59 crores as against Rs. 61.00 crores in Q3FY20 (Rs. 66.10 crores in Q2FY21) – 23.92% increase over previous year
- Profit After Tax reported was at Rs. 56.42 crores as against Rs. 46.23 crores in Q3FY20 (Rs. 48.95 crores in Q2FY21) – 22.04% increase over previous year
- EPS stands at Rs. 11.56
Q3FY21 (Consolidated)
Revenues from operations for the third quarter ended December 31st, 2020 (Q3FY21) stood at Rs. 185.95 crores as compared to Rs. 176.03 crores in Q3FY20 (Rs. 171.14 crores in Q2FY21). Likewise, the Total Income stood at Rs.192.34 crores in Q3FY21 as against Rs. 182.76 crores in Q3FY20 (Rs. 176.21 crores in Q2FY21). Profit Befo re Tax (PBT) stood at Rs. 75.59 crores for Q3FY21 as compared to Rs 61.00 crores in Q3FY20 (Rs 66.10 crores in Q2FY21). The Company’s PBT margin stood at 39.30% Profit After Tax (PAT) reported at Rs. 56.42 crores for Q3FY21 as against Rs. 46.23 crores in Q3FY20 (Rs. 48.95 crores in Q2FY21). The Company’s PAT margin stood at 29.33% Earnings per share (EPS) for the quarter ended Q3FY21 stood at Rs. 11.56
Q3FY21 Standalone Revenue from Operations stands at Rs. 179.57 crores, Standalone PAT stands at Rs. 74.30 crores
Highlights for Q3FY21 Standalone Financials
- Total income stands at 209.75 crores as against Rs. 175.76 crores in Q3FY20 (Rs. 178.04 crores in Q2FY21). Total income includes dividend from subsidiaries – Rs 25.98 crores as against Rs. 4.29 crores in Q3FY20 (Rs. 12.54 crores in Q2FY21).
- Revenue from Operations stood at Rs. 179.57 crores as against Rs. 166.93 crores in Q3FY20 (Rs. 161.94 crores in Q2FY21)
- Profit Before Tax stands at Rs 90.62 crores as against Rs. 59.43 crores in Q3FY20 (Rs. 70.98 crores in Q2FY21) – 52.48% increase over previous year
- Profit After Tax reported was at Rs. 74.30 crores as against Rs. 45.85 crores in Q3FY20 (Rs. 55.22 crores in Q2FY21) – 05% increase over previous year
- EPS stands at Rs. 15.23
Q3FY21 (Standalone)
Revenues from operations for the third quarter ended December 31st, 2020 (Q3FY21) stood at Rs. 179.57 crores as compared to Rs. 166.93 crores in Q3FY20 (Rs. 161.94 crores in Q2FY21). Likewise, the Total Income stood at Rs.209.75 crores in Q3FY21 as against Rs. 175.76 crores in Q3FY20 (Rs. 178.04 crores in Q2FY21). Total income includes dividend from subsidiaries of Rs 25.98 crores as against Rs. 4.29 crores in Q3FY20 (Rs. 12.54 crores in Q2FY21). Profit Before Tax (PBT) stood at Rs. 90.62 crores for Q3FY21 as compared to Rs 59.43 crores in Q3FY 20 (Rs 70.98 crores in Q2FY21).The Company’s PBT margin stood at 43.20% Profit After Tax (PAT) reported at Rs.74.30 crores for Q3FY21 as against Rs. 45.85 crores in Q3FY20 (Rs. 55.22 crores in Q2FY21).The Company’s PAT margin stood at 35.42% Earnings per share (EPS) for the quarter ended Q3FY21 stood at Rs. 15.23
Commenting on the results, Mr. Anuj Kumar, Whole Time Director & Chief Executive Officer, CAMS Limited, said, “It has been a satisfactory quarter both from the perspective of Company results and the operations com ing back to near normal as the pandemic led changes abated. MF AuM was on a stride with the market volatility settling down and peaked to historic highs. SIPs registrations have seen a come-back in the last quarter comp ared to the previous quarter pointing to retail investor confidence. Assets serviced by CAMS is at 69.5% of the industry AAuM.
The Company’s services for AIF and PMS segments expanded with the launch of an integrated digital on-boar ding platform. CAMS digital properties like myCAMS, GoCorp and edge360 posted significant volume traction aiding the MF industry’s digital drive. There has been concerted visibility and opportunity build with wider BFSI segment for new products and new business lines which include Recon platform, Digital platform for loan against MF, CAMS Finserv Account Aggregator and CAMS Pay
About CAMS Limited (www.camsonline.com) BSE: 543232; NSE: CAMS)
CAMS is a technology-driven financial infrastructure and services provider to mutual funds and other financial institutions with over two decades of experience. The Company is India’s largest registrar and transfer agent of mutual funds with an aggregate market share of approximately 70% based on mutual fund average assets under management (“AAUM”) managed by its clients and serviced by them. Over the last five years, the Company has grown its market share from approximately 61% during March 2015 to approximately 70% during December 2020, based on AAUM serviced. Its mutual fund clients include all top five mutual funds as well as nine of the fifteen largest mutual funds based on AAUM during December 2020. With the initiative of creating an end-to-end value chain of services, the Company has grown its service offerings and currently provide a comprehensive portfolio of technology based services, such as transaction origination interface, transaction execution, paym ent, settlement and reconciliation, dividend processing, investor interface, record keeping, report generation, intermediary empanelment and brokerage computation and compliance related services, through our pan-India network to its mutual fund clients, distributors and investors. the Company also provide certain services to alte native investment funds, insurance companies, banks and non-banking finance companies
DISCLAIMER:
Certain statements that are made in the Press Release may be forward-looking statements. Such forward-looking stat ements are subject to certain risks and uncertainties like significant changes in economic environment in India and overseas, tax laws, inflation, litigation, etc. Actual results might differ substantially from those expressed or implied. Co mputer Age Management Services Ltd. will not be in any way responsible for any action taken based on such statem ents and discussions; and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
