CMS Info Systems Limited

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May 14, 2026 National Stock Exchange of India Limited Listing Department, 1st Floor, PJ Towers, Dalal Street, Fort, Mumbai – 400 001 Scrip Code: 543441 Exchange Plaza, C-1, Block-G, Bandra Kur

97%

ons. Our work happens before markets open, in districts most companies have never visited, across 97% of India’s geography. What you see is a cash van. Behind it is one of India’s most complex busines

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k runs approximately 1,400 routes across 20,000 bank branches. Our HAWKAI Vision AI platform monitors 50,000+ sites in real time. We process ₹14 lakh crore of currency through our network annually. And yet F

₹14 lakh crore

0,000 bank branches. Our HAWKAI Vision AI platform monitors 50,000+ sites in real time. We process ₹14 lakh crore of currency through our network annually. And yet FY26 was a difficult year. FY26: What Happened

24.1%

d to short-term disruption even as it validated our long-term position. EBITDA margin for FY26 was 24.1% versus 26.1% in FY25, even as services revenue grew 6% to ₹2,312 crore. We focused on what we cou

26.1%

rm disruption even as it validated our long-term position. EBITDA margin for FY26 was 24.1% versus 26.1% in FY25, even as services revenue grew 6% to ₹2,312 crore. We focused on what we could control. W

6%

erm position. EBITDA margin for FY26 was 24.1% versus 26.1% in FY25, even as services revenue grew 6% to ₹2,312 crore. We focused on what we could control. We protected revenue and grew market share

₹2,312 crore

sition. EBITDA margin for FY26 was 24.1% versus 26.1% in FY25, even as services revenue grew 6% to ₹2,312 crore. We focused on what we could control. We protected revenue and grew market share in every segment

10%

revenue and grew market share in every segment. AI-led route optimisation let us reduce routes by 10% while we tightened network investment strictly to contracted milestones, a correction we have now

₹700

tion- linked contract bids and insisted on fixed-fee models. In October 2025, we walked away from a ₹700cr PSU bank contract, linked to a transaction price of ₹18.95 (highest transaction price till date)

₹18.95

In October 2025, we walked away from a ₹700cr PSU bank contract, linked to a transaction price of ₹18.95 (highest transaction price till date), based on this principle. After years of rapid retail growth,

52%

and sets up a better FY27. Alongside FY26’s operating moves, the customer mix has shifted. Today, 52% of our revenue comes from large private banks, other PSU banks, and retail customers, versus a con

“FY26: What Happened and What We Did FY26 was hard, and we said so early.”

“EBITDA margin for FY26 was 24.1% versus 26.1% in FY25, even as services revenue grew 6% to ₹2,312 crore.”

“Each of these choices made FY26 harder and sets up a better FY27.”

“Alongside FY26’s operating moves, the customer mix has shifted.”

“CMS has historically outspent its competitors on technology; in FY26 we invested ₹40 crore, a key reason behind our scale, margin and return profile.”

“The clearest proof came in late FY25, when a large publicly listed competitor was forced to cease operations.”

“This business is positioned to compound at approximately 11% CAGR through FY30.”

“Our market share in retail 2 C M S I n f o S y s t e m s · L e t t e r t o S h a r e h o l d e r s · F Y 2 6 cash management has grown 400 basis points to 38% over the last two years, and currency-in-transit routes have grown at 11% CAGR, driven by sustained bank-branch expansion.”

“This business is positioned to compound at 11%+ CAGR through FY30.”

“Technology & Payment Solutions Our T&PS business reached ₹370 crore in FY26, compounding at 25%+ CAGR over the last five years, and doubling in the last three.”

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Year in review

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Presentation for Conference Call scheduled to be held on Friday, May 15, 2026 at 12:00 Noon (IST) Dear Sir/Madam, Further to our letter no. CMSINFO/SDDD/2605/003 dated May 11, 2026 and pursuant to Regulation 30 read with Part A of Para A of Schedule III of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, please find enclosed CEO letter to shareholders and the Presentation for Conference Call with the Management team of CMS Info Systems Limited (“the Company”) which is scheduled to be held on Friday, May 15, 2026 at 12:00 Noon (IST) to discuss, Company’s business strategy and outlook post the declaration of its 4QFY26 and FY26 results. This is for your information and dissemination. Thanking You, Yours faithfully, For CMS Info Systems Limited Debashis Dey Company Secretary & Compliance Officer

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a/a Regd. Office: T-151, 5th Floor, Tower No.10, Railway Station Complex, Sector-11, CBD Belapur, Navi Mumbai- 400 614 | T: +91-22-4889 7400 | F: +91-22-4889 5177 CMS Info Systems Limited |CIN: L45200MH2008PLC180479 | www.cms.com | E: contact@cms.com CMS Info Systems Letter to Shareholders For the financial year ended 31 March 2026 Dear Shareholders, Sometimes people call us a cash company. Sometimes an ATM company. Sometimes, given our name, a technology company. CMS does not fit neatly into any of these descriptions. Our work happens before markets open, in districts most companies have never visited, across 97% of India’s geography. What you see is a cash van. Behind it is one of India’s most complex business services platforms, built over seventeen years, refined through every market cycle. On any given day we manage cash replenishment and reconciliation across 70,000+ ATMs. We service over 65,000 retail touchpoints. Our currency-in-transit network runs approximately 1,400 routes ac

Year in review

FY26 Wins, mix shift, capital allocation Looking ahead: FY27 & 30 02 Where Platform Meets Possibilities cms.com FY26: Four factors converged in a difficult year C M S | U N I F I E D P L A T F O R M . L I M I T L E S S P O S S I B I L I T I E S . W H A T H A P P E N E D Four factors converged 1 3 Weaker H1 consumption 2 SBI cash outsourcing delay Reduced ATM transaction volumes and retail cash collections; operating deleverage on a fixed-cost network. Capacity invested ahead; the contract was delayed significantly. Now executed in Q4. Competitor exit disruption 4 Shut-down of low-yield off-site ATMs by Pvt. Banks A listed competitor ceased operations in late FY25. Short- term industry disruption; we absorbed and stabilised. This combined with delayed roll out of ATMs by MSPs impacted outsourced ATM base. 03 Where Platform Meets Possibilities cms.com C M S | U N I F I E D P L A T F O R M . L I M I T L E S S P O S S I B I L I T I E S . What we said - what we did W H A T W E S A I D W H A