CMS Info Systems shares jump 7% to hit over 2-month high on Rs 1,000-crore SBI contract win

CMS Info systems share price

• CMS Info Systems wins Rs 1,000-crore SBI contract for ATM managed services
• Shares jumped nearly 7 percent, hitting a two-month high at Rs 365 apiece
• 10-year contract covers 5,000 SBI ATMs, starts January 2026

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The shares of CMS Info Systems jumped nearly 7 percent after the company announced that it has won a landmark Rs 1,000-crore contract from the State Bank of India (SBI).

CMS Info Systems shares rose to Rs 365 apiece on Wednesday, snapping a two-session losing streak. Notably, the stock is trading at the highest level in two months.

CMS Info Systems today announced that it has been awarded a Rs 1,000-crore contract from SBI, the first such direct large PSU bank cash outsourcing contract covering Rs 5,000 bank-owned ATMs across India.

The 10-year contract which goes live in January 2026 will include managed services, improving cash efficiency, and delivering higher ATM uptime to benefit millions of bank customers, the company said.

CMS Info Systems added that this win 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, including multi‑vendor software solution (ALGO MVS™), vision AI solution HAWKAI™, and managed services for ATMs,” it added.

Speaking about the development, the company’s Chief Business Officer Anush Raghavan said, “This landmark ₹1,000 crore, 10-year contract from SBI will deliver incremental revenue growth of ₹500 Cr. A large part of India’s ATM channel was disrupted in 2025, and we have played an active role in helping stabilize 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.”

CMS Info Systems share price:

The shares rose more than 2 percent in the past five days, but fell around 33 percent in the past six months. The stock declined nearly 29 percent in the past one year.

The stock currently has a P/E ratio of 14.98.

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