CMS Info Systems Q4FY22 PAT up 8.12% at Rs55.79 crore yoy on the back of lower input costs

10 May 2022 , 12:44 AM

CMS Info Systems Ltd reported 6.78% growth in sales revenues yoy for the Q4FY22 quarter on consolidated basis at Rs400.76 crore. On a sequential basis, revenues were higher for the quarter by 10.34%.

For the full year FY22, the revenues were higher by 24% at Rs1,421 crore. The cash flow from operations more than doubled on the back of provisions  higher in the current year.

During the year, the company also completed its IPO of 5.09 crore shares at a price of Rs.216 per share. CMS has declared a dividend of Rs.1 per share for FY22.

The consolidated net profit for Q4FY22 was up 8.12% at Rs149.85 crore while it was down on a sequential basis by -15.81%.

The company saw a sharp fall in value of traded goods purchases on a yoy basis on a standalone basis. However, other income was sharply lower yoy.

Employee benefit costs were also lower in the quarter on a yoy basis, even as other expenses saw a sharp spike. Net margins stood at 13.92% in Q4FY22 quarter compared to 13.75% in Q4FY21. NPM was lower sequentially against 18.25% in Q3FY22.

Financial highlights for Mar-22 compared yoy and sequentially

	CMS Info Systems
Rs in Crore	Mar-22	Mar-21	YOY	Dec-21	QOQ
Total Income (Rs cr)	₹ 400.76	₹ 375.33	6.78%	₹ 363.19	10.34%
Net Profit (Rs cr)	₹ 55.79	₹ 51.60	8.12%	₹ 66.27	-15.81%
Diluted EPS (Rs)	₹ 3.55	₹ 3.40		₹ 4.28
Net Margins	13.92%	13.75%		18.25%