CMS Info Systems has received an Rs 1,000 crore contract from the State Bank of India. In an exchange filing, the logistics and technology service provider said that it has signed a cash outsourcing contract for a period of 10 years covering about 5,000 ATMs of the largest banker of the country.
CMS Info Systems stated that the project will encompass managed services, enhance cash efficiency, and deliver higher ATM uptime, benefiting millions of bank customers. The contract period starts from this month.
The company stated that receiving the contract award marks a clear preference for integrated solutions in bank outsourcing. “This contract further strengthens the long‑standing relationship between CMS and SBI, building on CMS’s partnership with the bank through large and complex projects”, the company said.
CMS incremental revenue growth
Anush Raghavan, Chief Business Officer of CMS Info System, stated that a significant portion of India’s ATM channel was disrupted in 2025, and they have played an active role in helping stabilise ATM operations for many banks.
“This landmark Rs 1,000 crore, 10-year contract from SBI will deliver incremental revenue growth of Rs 500 crore”. Raghavan said. He said that this long-term contract will provide stability and high-quality services to millions of consumers with seamless self-service banking.
CMS Info Systems Q2 performance
CMS Infosystems reported new order wins of Rs 500 crore in Q2 FY26, and a total of Rs 1,000 crore in order wins in the first half of FY26. The company reported a consolidated revenue of Rs 609 crore in Q2 FY26, representing a 3 per cent decline on a year-over-year basis.
The company’s Profit After Tax (PAT) in the second quarter stood at Rs 73.3 crore in Q2 FY26, declining 19 per cent YoY. The company’s PAT margins in the quarter stood at 12 per cent. At the time, CMS Info Systems said that Q2 margins reflected temporary pressure from lower network utilisation due to delayed ATM redeployments and reduced retail activities.
CMS Info Systems’ share price
CMS stock has gained over 6% intraday. However, in the last 6 months, the company’s share price has declined by 32 per cent.