31/08/2026
FY26 was the year CMS accelerated the transformation by pushing forward the platform approach, funding acquisitions, and taking Technology & Payment Solutions past 16% of services revenue, all through a difficult market environment. None of it ran on goodwill; it ran on a core business that generates the free cash flow to fund growth and still return capital to shareholders.
We also spent where it counts, ₹40 Cr on technology in FY26, extending a track record of outspending competitors on the tech capability behind our scale, margin, and returns. Our three platforms; ATM Management Solutions, Retail Solutions & Currency Logistics, and Technology & Payment Solutions, each operating in its own market, on its own economics, now moving in the same direction. The CMSINFO listed in 2021 no longer exists. FY26 was the year we transformed it and FY27 is when that work shows up in the numbers.
Read our 2025-2026 Annual report: https://bit.ly/3V4oRI0