CAMS Consolidated Quarterly PAT up 39.6 % YoY, Recommends Final Dividend of Rs 11.84 per share
Consolidated PAT for Q4 stood at Rs 60.13 Cr. as against Rs. 43.07 Cr. in Q4 FY20, up 39.6 %
Consolidated PAT for FY 21 stood at Rs 205.29 Cr as against 171.89 Cr in FY20, up 19.4 %
Q4 FY 21 Highlights
·
CAMS has reported a consolidated revenue from
operations of Rs 199.77 Crore in Q4 FY21, an increase of 14.3% YoY from Rs
174.77 Crore in Q4 last year (Rs. 185.95 Crore Q3 FY21).
·
PAT increased by 39.6% YoY to Rs 60.13 Crore
from Rs 43.07 Crore in Q4 last year (Rs. 56.42 Crore Q3 FY21).
·
PAT Margin stood at 29.5% for the quarter as
against 24.1% in Q4 FY 20 (29.3% in Q3 FY 21).
·
CAMS has reported a consolidated revenue from
operations of Rs 705.50 Crore in FY21, an increase of 0.8% YoY from Rs 699.63
Crore in FY 20
·
PAT increased by 19.4% YoY to Rs 205.29 Crores
from Rs 171.89 Crore in FY20.
·
PAT Margin stood at 27.9% for FY 21 as against
23.8% in FY 20
Business Update
The Company commenced its journey as a publicly listed company on 1st October 2020 after its listing on BSE. Subsequently the company’s shares got listed on NSE on May 7th, 2021.The Stock has been recently added to the MSCI Global Small Cap Index. The Average AUM of CAMS serviced Funds grew to Rs.22.3 Trillion and the company recorded the largest transaction volumes at 86 Million during the quarter.
SIP new registrations which were subdued in the first nine months of the year saw an uptick in the last quarter, recording 25 lakh new registrations. CAMS serves all Top 5 Asset Managers in the country and has a market share of ~70%.
Commenting on the results, Mr. Anuj Kumar, Whole Time Director & Chief Executive Officer, CAMS Limited, said “We had a satisfactory quarter both in terms of our financial results and in maintaining our strong focus on operational excellence and financial prudence. We have navigated the tough business environment induced by COVID and have ensured that mutual fund investors and clients are not impacted and continue to get high fidelity service. It was a milestone quarter with both AuM and transactions volumes recording new highs.
Digital pursuits remained central to empower investors & intermediaries and we launched Aadhaar OTP based eKYC, edge360 mobile app and investor services using AI and ML technologies as new additions to our offering suite. Our digital platforms continued to make significant contribution to the digital adoption momentum in the industry with myCAMS touching the 4 million user base. AIF and PMS digital on-boarding portal is seeing positive market response and will strengthen our value proposition for this segment.”
Commenting on new business products and services, Mr. Anuj Kumar explained “Our new products Recon Dynamix and Loan against Mutual Funds continue to gain traction with new clients getting acquired. Account Aggregator platform, NPS Central Record Keeping Agency and Payment Aggregator services are the new areas we are pursuing to expand our business in the emerging financial infrastructure and platform-based services arena.”