Computer Age Management Services Limited

Anuj Kumar

MANAGING DIRECTOR, COMPUTER AGE

Ram Charan Sesharaman

CFO, COMPUTER AGE MANAGEMENT SERVICES LIMITED MANAGEMENT SERVICES LIMITED

Anish Sawlani

HEAD INVESTOR RELATIONS, COMPUTER AGE MANAGEMENT SERVICES LIMITED

37,000 crore

c here, gross and net equity inflows for us remained buoyant. Our net equity inflows, showed up at 37,000 crore so, which is a remarkable number given the quarter. Given this, equity assets actually grew despit

2.6%

s actually grew despite the headwinds in the stock market, equity AUM , actually grew, and grew by 2.6%. SIP inflows remain consistent in the quarter, remained over 20,000 crore. And you know that, that

20,000 crore

AUM , actually grew, and grew by 2.6%. SIP inflows remain consistent in the quarter, remained over 20,000 crore. And you know that, that number has perhaps been expanding for the last five or six trailing quart

36.5 lakh

seen in the context of the previous quarter, in context of 4Q FY’20 was slightly muted. There were 36.5 lakh compared to 43 lakh in 4Q. But if you see a year-on-year trajectory, we grew handsomely. This numb

43 lakh

the previous quarter, in context of 4Q FY’20 was slightly muted. There were 36.5 lakh compared to 43 lakh in 4Q. But if you see a year-on-year trajectory, we grew handsomely. This number was 28 lakh in 1Q

28 lakh

ed to 43 lakh in 4Q. But if you see a year-on-year trajectory, we grew handsomely. This number was 28 lakh in 1Q last year and grew to 36.5 lakh during the quarter. So, year-on-year, a strong increase. O

1.6%

trong increase. Overall AUM , despite the growth in equity AUM contracted a little, contracted by 1.6%, largely led by what was happening to bond prices, interest rates, and therefore debt and liquid

30%

t rates, and therefore debt and liquid assets. Amongst the other businesses, our AIF business grew 30% year-on-year on the back of sustained signings. And we expect it is poised to have a similar run o

20%

enda forward on M FCentral, as you're aware. Our payments business also grew revenue year-to-year, 20% riding on the back of new customer acquisition. So, that is our overall commentary on how the key

69%

t sales and SIP registrations, improved quarter-on-quarter, and we retained market leadership with 69% share. In the alternative services market, we continued the growth trajectory, like I said, record

10%

pilot phase. I think the important thing is that within a short span of time, we've achieved over 10% share in eNPS sales. Like, you know, this is direct to consumer purchase mostly by people by payi

5.25 million

so, we'll talk a little about that further. And amongst our other digital assets, myCAM S crossed 5.25 million user base, and continues to retain its position of the largest M F app in the country. In insura

“And we expect it is poised to have a similar run over the next 12 months to grow 30% year-on-year in revenue.”

“So, there will be naturally some de-growth in the first quarter.”

“On the incremental spend that we have done on salaries and other software expenses, more than 35 percentage will be the amount that we have spent only on technology resources, only on platform building out.”

“And also from a platform build perspective where there will be some cost that we incur up front.”

“And Anuj spoke about the various platforms that we're building out in the earlier slides, where there is this M FCentral, there is this AA and TSP which actually will have a good revenue potential going forward, but this is upfront investments that we continue to make by getting high-cost technology resources.”

“That's consistent with our earlier commentary, where we said that, in, in the event of the assets not growing too much, we expect our EBITDA to be just below 40 percentage.”

“Going forward, we don't see an additional impact because of any salary increases or any such onetime impact that we get.”

“Which is for example, if you have say, 10 today and 20 tomorrow, and then come back to 15, but by the next quarter, we will have to get 20x2, 40 capacity provision in the entire system, which is not only from storage perspective, it’s also from a compute perspective, from a transmission perspective, everything that we will need to invest in CapEx.”

“But we don't expect the volume of investment s in CapEx that we made last year will get repeated every year.”

“So, we don't see this level of investments on a year-on-year basis, although there will be significant investments that we will continue to make.”

Ram Charan S esharaman

11

Prayesh Jain

7

Anuj Kumar

6

Operator

3

Anand

3

Madhukar Ladha

3

Kaushik Agarwal

1

Anuj Kumar

Ladies and gentlemen, good day and welcome to the Computer Age M anagement Services Limited Q1 FY’23 Results Conference Call hosted by Orient Capital. Today we have with us on the call, M r. Anuj Kumar, M anaging Director, M r. Ram Charan, CFO, M r. Anish Sawlani, Head Investor Relations. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after t he presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing “*” then “0” on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to M r. Anuj Kumar, M anaging Director for his opening remarks. Thank you and over to you, sir. Hi, thank you, Seema and good morning, everyone. Welcome to this earnings call of CAM S. I will quickly give you a broad overview of how the quarter panned out, and then we will take you through a more structured presentation, some of you

Ram Charan S esharaman

Thank you, Anuj. So, I will just spend the next five minutes giving a flavor of the numbers, the profits, the revenue numbers, and the AUM numbers. As you heard, Anuj say, during the year, the – during the quarter, the AUM for Q1 had grown sequentially, had grown year-on-year around 13.8% and there was a smart growth in the equity funds at 35%. On a quarter-on- quarter basis, there was a small de-growth of 1.6%, but the equity still grew at around 2.6%. So, the impact of this is from a mixed perspective, we are having a favorable impact as you know, equity is the higher yielding asset of the entire mix. And hence, you would see from a yield perspective, there is some benefit that we are getting from this. From a revenue, for the year, for the quarter, we actually had a revenue of 236 crore, which was up 17.5% year-on-year. The comparable revenue was 201 crore in the last year first quarter. And sequentially, it was down at 2.8%. If you actually break it down into asset based and non-as