Computer Age Management Services Limited (CAMS), India's largest registrar and transfer agent of mutual funds, has announced its financial results for the quarter ended September 30, 2025, showcasing robust growth across its business segments.

Financial Highlights

CAMS reported its highest-ever quarterly revenue in Q2 FY'26, with consolidated revenue reaching Rs. 376.74 crore, marking a 3.2% year-on-year increase and a 6.4% quarter-on-quarter growth. The company's profit after tax (PAT) stood at Rs. 114.94 crore, up 5.4% from the previous quarter, with PAT margins at 29.6%.

Mutual Fund Business Performance

The mutual fund segment, which remains CAMS' core business, demonstrated strong growth:

• Assets under management (AUM) crossed Rs. 52 lakh crore in September 2025, maintaining a market share of approximately 68%.
• Equity net sales reached an all-time high of over Rs. 1.02 lakh crore, with net sales market share growing to 69% in Q2 from 65% in Q1.
• SIP collections by CAMS-serviced funds grew 21% year-on-year, clocking Rs. 17,555 crore average gross sales for the quarter.
• The company's unique investor base crossed 4.3 crore, growing 17% year-on-year, outpacing the industry growth of 14%.

Non-Mutual Fund Business Growth

CAMS' diversification efforts showed positive results:

• Non-mutual fund revenue share improved to 14.4% in Q2 FY'26.
• CAMSPay's revenue grew 26% quarter-on-quarter, with 25 new deals signed in Q2.
• CAMS Alternatives delivered its highest-ever quarterly revenue, reinforcing market leadership with over Rs. 2.8 lakh crore in assets under administration.

Strategic Developments

• CAMS won two new RTA mandates – ASK Asset Managers and Alphagrep Asset Managers – bringing its mutual fund RTA client count to 28.
• The company successfully completed the migration of Taurus Mutual Fund during the quarter.
• CAMS entrenched its footprint in GIFT City with the launch of India's first outbound retail fund from the region, DSP Global Equity Fund.

Dividend Announcement

The Board of Directors has declared an interim dividend of Rs. 14 per equity share, with the record date set for November 7, 2025.

Management Commentary

Anuj Kumar, Managing Director of CAMS, stated, "It is heartening to share that CAMS has delivered a strong performance this quarter, reflecting our continued focus on consistency and value creation across our business lines. We recorded our highest-ever quarterly revenue, supported by sustained growth in both mutual fund and non-mutual fund segments."

Kumar added, "These developments reflect the strength of our integrated business model, where technology, domain expertise, and execution come together to support sustainable growth. Our performance this quarter highlights our resilience and reinforces our role as a key player in financial infrastructure services."

As CAMS continues to expand its service offerings and client base, the company appears well-positioned to capitalize on the growing mutual fund industry and diversify its revenue streams through non-mutual fund businesses.

Computer Age Management Services (CAMS), India's largest registrar and transfer agent of mutual funds, has reported significant growth in its assets under management (AUM) and investor base, solidifying its market leadership position. The company aims to consolidate its 68% mutual fund market share while scaling its non-mutual fund revenue.

Record-Breaking AUM

CAMS achieved a new milestone by crossing ₹52 lakh crore in AUM, maintaining approximately 68% market share. The company's AUM increased by over 16% year-over-year, mirroring the industry's growth rate.

Expanding Investor Base

The unique investor base serviced by CAMS reached 4.3 crore, representing a robust 17% year-over-year growth. This growth outpaced the industry average of 14%, indicating CAMS's strong performance in attracting and retaining investors.

Financial Performance

CAMS reported the following financial results:

The company achieved its all-time high quarterly revenue, driven by strong performance in both mutual fund (MF) and non-MF segments.

Equity and SIP Performance

Equity net sales reached an all-time high of over ₹1.02 lakh crore, with net sales market share growing to 69% in Q2 from 65% in Q1. Equity assets stood at ₹28.7 lakh crore, showing sustained inflows despite market volatility.

SIP collections scaled up impressively, with CAMS-serviced funds growing 21% year-over-year to clock ₹17,555 crore average gross sales for the quarter. The company's market share in live SIPs improved to 63.4% from 61.5% in the previous quarter.

New Fund Offers and Client Acquisitions

CAMS registered an 80% share of NFO collections in Q2 FY'26, amounting to approximately ₹28,150 crore. The company won two new RTA mandates during the quarter – ASK Asset Managers and Alphagrep Asset Managers – bringing its mutual fund RTA client count to 28.

Non-Mutual Fund Business Growth

CAMS's non-MF revenue share improved to 14.4% in Q2 FY'26. Notable performances include:

• CAMSPay's revenue grew 26% quarter-on-quarter
• CAMS Alternatives delivered its highest-ever quarterly revenue
• CAMS KRA (Know Your Customer Registration Agency) revenue grew 45% quarter-on-quarter

Future Growth Initiatives

CAMS aims to scale its non-mutual fund revenue to over 15% through multiple initiatives. The company plans to expand through CAMSRep, Bima Central, GIFT City Funds, and digital payments platforms. CAMS is targeting high-teens revenue growth and focusing on expanding its technology-driven platforms.

Dividend Declaration

The board of directors has declared an interim dividend of ₹14 per equity share for the financial year 2025-26.

Anuj Kumar, Managing Director of CAMS, commented on the performance: "It is heartening to share that CAMS has delivered a strong performance this quarter, reflecting our continued focus on consistency and value creation across our business lines. We recorded our highest-ever quarterly revenue, supported by sustained growth in both mutual fund and non-mutual fund segments."

As CAMS continues to strengthen its position in the financial infrastructure services sector, its robust growth in AUM and investor base, coupled with strong financial performance and strategic growth initiatives, underscores the company's pivotal role in India's mutual fund industry.