CMS Info Systems 2030 target

 

  • CMS Info Systems: The firm has set sights on an annual turnover of Rs 5,000 crore by 2030, up from the estimated Rs 1,600 crore in FY23. 
  • It is looking to foray into new business lines, such as collection and recovery services.
  • Its capital expenditure is expected to be Rs 100-150 crore per annum for FY24 and FY25. 
  • The capex levels will be lower than over Rs 200 crore each in FY22 and FY23, which saw the peak investment phase.
  • CMS Info Systems: The firm has set sights on an annual turnover of Rs 5,000 crore by 2030, up from the estimated Rs 1,600 crore in FY23. 
  • It is looking to foray into new business lines, such as collection and recovery services.
  •  CMS Info Systems accelerates growth for its latest ‘Remote Monitoring Service’ (RMS) business Powered by AI & IOT
  • CMS Info Systems Limited, India’s leading business services company offering banking logistics and technology services, accelerates its new business – AIoT Remote Monitoring Service (RMS) to over 10X since its launch in 2021. With this latest remote monitoring service powered by AI and IOT, the company plans to close FY23 with an annual run rate of ~Rs. 100 crores. 
  • RMS as a tech- solution with 2000 live sites (monitoring points) in January 2021 has today grown to over 20,000 sites. 
  • CMS’s RMS offers future–ready remote monitoring and adds a new dimension to a business based on data. Besides mitigating risks, it provides useful business insights such as energy management, staff monitoring and site compliance tracking. 
  • Certified by global security standards, this newest remote monitoring offering today serves a diverse set of industries comprising Banks, NBFCs, Hospitals, and FMCG sectors. 
  • The key highlights of Remote Monitoring Services: 
  •  Offers 40+ deep-learning AI modules for enabling business insights 
  •  Connected to over 1 million devices deployed across 20,000+ live sites pan-India 
  •  Since launch, 1000+ threats have been prevented and 25% energy efficiency generated 
  •  Processes 60,000 alerts on a daily basis with live monitoring at centralized Command Centre   

Comments

Post a Comment

Popular posts from this blog

Confidence Petroleum Forays into Hydrogen Cylinder Manufacturing

  https://youtu.be/mD2k0HOpAxo?si=8H1ue9mw316h2wYr Confidence Petroleum Forays into Hydrogen Cylinder Manufacturing Unlike conventional metal cylinders, type 4four cylinders are entirely corrosion-resistant, lighter by seventy percent, and can accommodate three times more gas.  Constructed from carbon composite with a polymer liner, they boast exceptional safety features. The move signifies Confidence Group’s commitment to spearheading the global energy transition towards a cleaner and greener future.  By prioritizing innovation and environmental stewardship, the company aims to revolutionize the hydrogen storage industry and promote sustainable energy solutions. As reported by The Hitavada, through this venture into the green hydrogen market, Confidence Group aims to position itself as a leader in providing solutions that expedite the adoption of renewable energy sources.  These cylinders will play a pivotal role in the efficient storage and transportation of green ...
Read more

RSI Indicator for finding good value stocks?

  https://youtu.be/IbWEmgJQHx4?si=D0TUacnxi_9B33qM Is a Good RSI Indicator The relative strength index is a momentum indicator that looks at the pace of recent price changes to determine whether a stock is ripe for a rally or a selloff. Traders who are looking for investment opportunities should look for RSI values  that hit 30 or fall below that level.  This allows them to look for investment options that may be undervalued where the price may increase in the future.  But it's important for investors to remain steadfast and avoid making hasty decisions, since market conditions can change at a moment's notice.
Read more

Poonawalla Fincorp: I love stocks at 52L

https://youtube.com/shorts/kEd4ftcXaV4?si=8FpeXOzf0qyTs_Mo   Poonawalla Fincorp: I love stocks at 52L AUM up 52% YoY to ₹26,972 crore PPoP at ₹432 crore in Q1FY25, up 47% YoY and 6% QoQ  Assets:  ➢ Assets Under Management (AUM) stood at ₹26,972 crore, up 52% YoY and 8% QoQ  ➢ AUM Mix consist of 35% MSME finance, followed by 28% personal and consumer finance, 17% loan against property and 14% pre-owned car.   Asset Quality:  ➢ Gross NPA at 0.67%, lower 75bps YoY and 49bps QoQ  ➢ Net NPA at 0.32%, lower 44bps YoY and 27bps QoQ  ➢ Provision Coverage Ratio stood at 52.53%   Profitability:  ➢ Operating Profit (PPOP) was ₹432 crore, up 47% YoY and 6% QoQ  ➢ Profit After Tax (PAT) was ₹292 crore, up 46% YoY  ➢ Return on Assets (RoA) stood at 4.62%  ➢ Net Interest Income (inc. fees and other income) was ₹676 crore, up 42% YoY and 5% QoQ
Read more