Computer Age Management Services (CAMS) CAMS
Largest mutual-fund registrar (RTA), servicing about two-thirds of industry AUM (~₹58L Cr, Q2 FY27), plus KYC, payments, insurance and alternatives services
Mapped in 1 theme: Capital Markets.
Where Computer Age Management Services (CAMS) sits in the supply chain
Computer Age Management Services (CAMS) appears in 1 supply-chain layer in one theme, Capital Markets.
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 910 | 972 | 1,137 | 1,422 | 1,516 |
| Net profit | 287 | 285 | 351 | 465 | 472 |
Latest-year revenue ₹1,516 Cr (FY26, company-wide).
Strengths
- Long contracts with most large AMCs (HDFC, ICICI Prudential, SBI, Nippon) - switching is rare
- Grows with AUM and SIP transactions without needing capital
- Building non-MF lines: CAMSPay, KRA, AIF and insurance repositories
Risks
- Telescopic pricing - yield falls as AUM grows; renewals bring price cuts
- Market share slipped slightly in Q2 FY27
- Stock fell on results despite profit growth - growth is slowing to mid-teens
Common questions
What does Computer Age Management Services (CAMS) do?
Largest mutual-fund registrar (RTA), servicing about two-thirds of industry AUM (~₹58L Cr, Q2 FY27), plus KYC, payments, insurance and alternatives services.
Where does Computer Age Management Services (CAMS) sit in the supply chain?
Computer Age Management Services (CAMS) (NSE: CAMS) is mapped in 1 supply-chain layer: Registrars & fund admin (Capital Markets).
Who are Computer Age Management Services (CAMS)'s peers?
In the Registrars & fund admin layer of Capital Markets: KFin Technologies.
What is Computer Age Management Services (CAMS)'s market cap and valuation?
As of 6 Nov 2026: market cap ₹17,678 Cr, P/E 34.6x, ROCE 47.0%, ROE 36.3%, dividend yield 1.76%.