Q3FY22 Quarterly Result Announced for Computer Age Management Services Ltd.
Computer Age Management Services declares Q3FY22 result: CAMS Q3FY22 CONSOLIDATED PAT UP 37% YoY RECOMMENDS 3rd INTERIM DIVIDEND OF Rs.10.75 PER SHARE AAuM of CAMS serviced funds at historical high of Rs.26.7 lakh Cr Lifetime high in Transactions – 110.6 Mn. transctions compared to 102.5 Mn in previous Quarter New SIP registrations – Momentum continues to clock 43 Lakh new registrations in the current quarter SIP book grew by 9% in the current quarter owing to reduction in SIP cancellations Quarterly Highlights: Revenue at Rs. 237.71 crores, growth of 28% on YoY basis PBT at Rs. 102.25 crores, growth of 35% on YoY basis PAT at Rs. 77.31 crores, growth of 37% on YoY basis, PAT margins @ 32% Basic EPS for Q3 FY22 stands at Rs. 15.81 (not annualised) Nine Months Highlights: Revenue at Rs. 666.48 crores, growth of 32% on YoY basis PBT at Rs. 283.71 crores, growth of 47% on YoY basis PAT at Rs. 213.11 crores, growth of 47% on YoY basis, PAT margins @ 31% Basic EPS for 9M FY22 stands at Rs. 43.63 (not annualised) Commenting on the performance, Mr. Anuj Kumar, Managing Director said, We had a strong quarter both in terms of our financial results and in maintaining our focus on operational excellence and financial prudence. The momentum in retail investor participation continued and we saw new highs in transaction volumes on the back of strong equity inflows, SIP inflows and new SIP registrations. The growth in AAuM was driven by equity assets, which touched life-time highs and helped us retain our leadership position with a market share of nearly 70% based on the quarterly AAuM. On the technology front, our focus during the quarter has been to strengthen our digital offerings and launch industry first initiatives such as SMART statement, digital portal for intermediary commission management, instant statement and modern APIs to power distribution channels. We concurrently made large scale upgrades to our technology infrastructure. In the new business areas, Account Aggregator offering was fortified with the launch of TSP solution Finduit. We now deliver a compelling proposition for onboarding clients to the AA platform. While the early wins in the enterprise side include a midtier Bank, NBFCs and Broking houses, the CAMSfinserv app has been gaining visibility and is now the most downloaded AA app. Our services from GIFT city have commenced as we engage with more asset managers who are preparing for their launch. We also concluded double digit wins with marquee AIF /PMS clients during the quarter Result PDF10-02-2022