CMS Info Systems share price rises nearly 7% on ₹1,000 crore SBI integrated cash solutions contract for 5,000 ATMs

The stock rose as much as 6.78% to ₹365 per unit on the National Stock Exchange (NSE). At 11:26 am, it was up 3.57% to ₹354 apiece.

In an exchange filing on January 7, the company said that this is the first such direct large public sector undertaking (PSU) bank outsourcing contract, covering about 5,000 bank-owned ATMs across India.

The project will include managed services, enhancing cash efficiency and delivering higher automated teller machine (ATM) uptime to benefit bank customers. The contract goes live this month.

The company said this shows a clear preference for integrated solutions in bank outsourcing and strengthens the long-lived relationship between CMS and State Bank of India, building on CMS' partnership with the state-run bank through large and complex projects, including multi‑vendor software solution (ALGO MVS), vision AI solution HAWKAI and managed services for ATMs.

Anush Raghavan, Chief Business Officer of CMS Info Systems, said, “This landmark ₹1,000 crore, 10-year contract from SBI will deliver incremental revenue growth of ₹500 crore. A large part of India’s ATM channel was disrupted in 2025, and we have played an active role in helping stabilise ATM operations for many banks. This long-term contract will provide stability and high-quality services to millions of consumers with seamless self-service banking."

In the September quarter of FY26, the company said that its consolidated revenue from operations declined 2.54% to ₹608.62 crore as compared to ₹624.53 crore in the year-ago period.

Its profit after tax fell 19.31% to ₹73.35 crore as against ₹90.91 crore in the same period of the previous fiscal year.