COMPUTER AGE MANAGEMENT SERVICES LIMITED
New No. 10, Old No. 178, M.G.R. Salai, Nungambakkam, Chennai, Tamil Nadu, 600034
CAMS reports Rs.48.95 cr Consolidated PAT for Q2FY21, announces interim dividend of Rs. 6.75 per equity share
Computer Age Management Services Ltd. announces Q2FY21 Results
Q2FY21 Consolidated Revenue from Operations stands at Rs. 171.14 crores, Consolidated PAT stands at Rs. 48.95 crores
Chennai: November 11th, 2020: Computer Age Management Services Limited (“CAMS”), a leading Registrar & Transfer Agent to Mutual Funds has announced its financial results for the second quarter ended on 30th September, 2020.
Highlights for Q2FY21 Consolidated Financials
- Total income stands at 176.21 crores as against Rs. 179.55 crores in Q2FY20 (Rs 162.76 crore in Q1FY21)
- Revenue from Operations at Rs. 171.14 crores as against Rs. 173.83 crores in Q2FY20 (Rs 148.63 crore in Q1FY21)
- Profit Before Tax stands at Rs 66.10 crores as against Rs. 59.06 crores in Q2FY20 (Rs. 51.90 crores in Q1FY21) – 12% increase over previous year
- Profit After Tax reported was at Rs. 48.95 crores as against Rs. 42.61 crores in Q2FY20 (Rs. 39.80 crores in Q1FY21) – 15% increase over previous year
- EPS stands at Rs. 10.03
Q2FY21 (Consolidated)
Revenues from operations for the second quarter ended September 30th, 2020 (Q2FY21) stood at Rs. 171.14 crores as compared to Rs. 173.83 crores in Q2FY20 (Rs. 148.63 crores in Q1FY21). Likewise, the Total Income stood at Rs.176.21 crores in Q2FY21 as against Rs. 179.55 crores in Q2FY20 (Rs. 162.76 crores in Q1FY 21).
Profit Before Tax (PBT) stood at Rs. 66.10 crores for Q2FY21 as compared to Rs 59.06 crores in Q2FY20 (Rs 51.90 crores in Q2FY21). The Company’s PBT margin stood at 37.51%
Profit After Tax (PAT) reported stood Rs. 48.95 crores for Q2FY21 as against Rs. 42.61 crores in Q2FY20 (Rs. 39.80 crores in Q1FY21). The Company’s PAT margin stood at 27.78%
Earnings per share (EPS) for the quarter ended Q2FY21 stood at Rs. 10.03
Q2FY21 Standalone Revenue from Operations stands at Rs. 161.94 crores, Standalone PAT stands at Rs. 55.22 crores.
Highlights for Q2FY21 Standalone Financials
- Total income stands at 178.04 crores as against Rs. 170.46 crores in Q2FY20 (Rs. 152.08 crores in Q1FY21). Total income includes dividend from subsidiaries – Rs 12.54 crores
- Revenue from Operations stood at Rs. 161.94 crores as against Rs. 164.20 crores in Q2FY20 (Rs. 143.06 crores in Q1FY21)
- Profit Before Tax stands at Rs 70.98 crores as against Rs. 54.84 crores in Q2FY20 (Rs. 47.00 crores in Q1FY21)
- Profit After Tax reported was at Rs. 55.22 crores as against Rs. 42.41 crores in Q2FY20 (Rs. 36.26 crores in Q1FY21)
- EPS stands at Rs. 11.32
Q2FY21 (Standalone)
Revenues from operations for the second quarter ended September 30th, 2020 (Q2FY21) stood at Rs. 161.94 crores as compared to Rs. 164.20 crores in Q2FY20 (Rs. 143.06 crores in Q1FY21). Likewise, the Total Income stood at Rs.178.04 crores in Q2FY21 as against Rs. 170.46 crores in Q2FY20 (Rs. 152.08 crores in Q1FY21). Total income includes dividend from subsidiaries of Rs 12.54 crores.
Profit Before Tax (PBT) stood at Rs. 70.98 crores for Q2FY21 as compared to Rs 54.84 crores in Q2FY20 (Rs 47.00 crores in Q1FY21).The Company’s PBT margin stood at 39.87%
Profit After Tax (PAT) reported stood Rs. 55.22 crores for Q2FY21 as against Rs. 42.41 crores in Q2FY20 (Rs. 36.26 crores in Q1FY21).The Company’s PAT margin stood at 31.01%
Earnings per share (EPS) for the quarter ended Q2FY21 stood at Rs. 11.32
Commenting on the results, Mr. Anuj Kumar, Whole Time Director & Chief Executive Officer, CAMS Limited, said, “Despite the volatility in the markets and pandemic situation Company results for the quarter are quite satisfactory. MF AuM, with the exception of equity assets, have come back to pre-pandemic level and MF industry continues to attract new investors. Assets serviced by CAMS market is at ~ 70% of the industry AAuM. Company’s digital properties like myCAMS, GoCorp and edge360 have gained significant volume traction aiding the MF industry’s digital drive. UPI Autopay has been enabled for SIPs through CAMSPay”
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 69% during March 2020, based on AAUM serviced, according to the CRISIL Report. Its mutual fund clients include four of the five largest mutual funds as well as nine of the 15 largest mutual funds based on AAUM during July 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, payment, 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 alternative 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 statements 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. Computer Age Management Services Ltd. will not be in any way responsible for any action taken based on such statements and discussions; and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
