If you’re always on the lookout for promising investment opportunities, you might find Computer Age Management Services Limited (CAMS) intriguing. CAMS is a mutual fund transfer agency that caters to Indian asset management companies. Established in 1988 and headquartered in Chennai, the company has a solid track record in the financial industry.
Notably, CAMS became publicly listed in October 2020 after conducting an initial public offering (IPO), facilitated by its existing shareholders. In this article, we will delve into CAMS’s background, explore its operations as a mutual fund transfer agency, and discuss its journey as a publicly listed company. This information will provide you with valuable insights to help you evaluate CAMS as a potential investment opportunity.
Latest news about CAMS
CAMS has secured RBI authorization to function as an online payment aggregator, expanding its services in the BFSI and Ed-Tech sectors. With CAMSPay’s successful UPI Autopay registration of over 12 lakh mandates in March 2024, the company continues to grow. In Q3 FY2024, CAMS reported a substantial 18.9% year-over-year revenue increase to ₹289.68 crore, alongside a 21.1% rise in net profit to ₹89.29 crore. Anuj Kumar, CAMS’s Managing Director, attributes this success to their dominance in equity asset inflows, resulting in a market share of 66%. CAMS shares have surged over 15% year-to-date and 41% over the past year.
Q3 2023 Results Highlights: CAMS Achieves Record Profit Growth and Dividend Declaration
- CAMS recorded a 21% increase in Profit After Tax (PAT) to ₹89 crore for the quarter ending December 2023 compared to the same quarter last fiscal.
- Revenue grew by 19% to ₹290 crore in Q3 2023 from ₹244 crore in Q3 2022.
- EBITDA rose by 18% to ₹129 crore compared to ₹109 crore in the year-ago period, resulting in an improved EBITDA margin of 44.5%.
- The Board approved an interim dividend of ₹12 per equity share, with a record date set as February 16, 2024, and the expected disbursement date on or before February 29, 2024.
- Managing Director Anuj Kumar expressed satisfaction with the quarter’s financial performance, highlighting strong revenue and PAT growth.
- CAMS shares were trading 1.43% higher at ₹2,939.70 apiece on the NSE during Tuesday’s afternoon trading
Below are the trading platforms that you can use to purchase CAMS shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| April 2024 | 3,125.10 | 2,717.48 |
| May 2024 | 3,078.92 | 2,677.32 |
| June 2024 | 3,189.76 | 2,773.70 |
| July 2024 | 3,157.86 | 2,745.96 |
| August 2024 | 3,284.17 | 2,855.80 |
| September 2024 | 3,415.54 | 2,970.04 |
| October 2024 | 3,348.57 | 2,911.80 |
| November 2024 | 3,482.51 | 3,028.27 |
| December 2024 | 3,517.34 | 3,058.55 |
In April 2024, CAMS shares are expected to reach a maximum price of 3,125.10 and a minimum price of 2,717.48. As the year progresses, both the maximum and minimum prices show a consistent uptrend month by month. By December 2024, CAMS shares are forecasted to peak at a maximum of 3,517.34 and a minimum of 3,058.55, indicating sustained growth throughout the year.
| When | Maximum Price | Minimum Price |
| January 2025 | 3,869.07 | 2,976.21 |
| February 2025 | 3,908.15 | 3,006.27 |
| March 2025 | 3,990.22 | 3,069.40 |
| April 2025 | 3,950.72 | 3,039.01 |
| May 2025 | 3,835.65 | 2,950.50 |
| June 2025 | 4,008.25 | 3,083.27 |
| July 2025 | 3,929.66 | 3,022.81 |
| August 2025 | 4,051.19 | 3,116.30 |
| September 2025 | 4,099.81 | 3,153.70 |
| October 2025 | 4,206.40 | 3,235.70 |
| November 2025 | 4,311.56 | 3,316.59 |
| December 2025 | 4,505.58 | 3,465.83 |
Throughout 2025, CAMS shares are expected to experience fluctuations in their maximum and minimum prices. In January, the maximum price is projected to be 3,869.07, with a minimum of 2,976.21, setting a positive start for the year. As the year progresses, both maximum and minimum prices are anticipated to fluctuate, with peaks and troughs in response to market dynamics. By December, CAMS shares are forecasted to reach a maximum price of 4,505.58 and a minimum of 3,465.83, indicating sustained growth and investor confidence in the company’s performance.
| When | Maximum Price | Minimum Price |
| January 2026 | 4,640.75 | 3,569.81 |
| February 2026 | 4,759.75 | 3,661.34 |
| March 2026 | 4,945.38 | 3,804.13 |
| April 2026 | 4,848.41 | 3,729.54 |
| May 2026 | 4,707.19 | 3,620.92 |
| June 2026 | 4,919.01 | 3,783.86 |
| July 2026 | 4,822.56 | 3,709.66 |
| August 2026 | 4,971.72 | 3,824.40 |
| September 2026 | 5,145.73 | 3,958.25 |
| October 2026 | 5,279.51 | 4,061.16 |
| November 2026 | 5,411.50 | 4,162.69 |
| December 2026 | 5,546.79 | 4,266.76 |
| When | Maximum Price | Minimum Price |
| January 2027 | 5,657.73 | 4,352.10 |
| February 2027 | 5,802.80 | 4,463.69 |
| March 2027 | 6,029.10 | 4,637.77 |
| April 2027 | 5,910.89 | 4,546.84 |
| May 2027 | 5,738.72 | 4,414.40 |
| June 2027 | 5,996.97 | 4,613.05 |
| July 2027 | 5,879.38 | 4,522.60 |
| August 2027 | 6,061.22 | 4,662.47 |
| September 2027 | 6,273.36 | 4,825.66 |
| October 2027 | 6,436.47 | 4,951.13 |
| November 2027 | 6,597.38 | 5,074.91 |
| December 2027 | 6,762.31 | 5,201.78 |
| When | Maximum Price | Minimum Price |
| January 2028 | 6,897.56 | 5,305.81 |
| February 2028 | 7,074.42 | 5,441.86 |
| March 2028 | 7,350.32 | 5,654.09 |
| April 2028 | 7,206.20 | 5,543.23 |
| May 2028 | 6,996.31 | 5,381.78 |
| June 2028 | 7,311.14 | 5,623.96 |
| July 2028 | 7,167.79 | 5,513.68 |
| August 2028 | 7,389.47 | 5,684.21 |
| September 2028 | 7,648.10 | 5,883.16 |
| October 2028 | 7,846.95 | 6,036.12 |
| November 2028 | 8,043.13 | 6,187.02 |
| December 2028 | 8,244.20 | 6,341.70 |
| When | Maximum Price | Minimum Price |
| January 2029 | 8,409.09 | 6,468.53 |
| February 2029 | 8,624.71 | 6,634.39 |
| March 2029 | 8,961.07 | 6,893.13 |
| April 2029 | 8,785.36 | 6,757.97 |
| May 2029 | 8,529.48 | 6,561.14 |
| June 2029 | 8,913.30 | 6,856.39 |
| July 2029 | 8,738.53 | 6,721.95 |
| August 2029 | 9,008.80 | 6,929.84 |
| September 2029 | 9,324.11 | 7,172.39 |
| October 2029 | 9,566.53 | 7,358.87 |
| November 2029 | 9,805.70 | 7,542.84 |
| December 2029 | 10,050.84 | 7,731.41 |
| When | Maximum Price | Minimum Price |
| January 2030 | 10,251.85 | 7,886.04 |
| February 2030 | 10,514.72 | 8,088.25 |
| March 2030 | 10,924.80 | 8,403.69 |
| April 2030 | 10,710.59 | 8,238.91 |
| May 2030 | 10,398.63 | 7,998.94 |
| June 2030 | 10,866.56 | 8,358.90 |
| July 2030 | 10,653.49 | 8,195.00 |
| August 2030 | 10,982.98 | 8,448.45 |
| September 2030 | 11,367.39 | 8,744.15 |
| October 2030 | 11,662.94 | 8,971.49 |
| November 2030 | 11,954.51 | 9,195.78 |
| December 2030 | 12,253.38 | 9,425.67 |
As we step into each month of 2030, CAMS shares are poised to exhibit a consistent uptrend, with both maximum and minimum prices projected to rise steadily. In January, CAMS shares are expected to commence trading with a maximum price of 10,251.85 and a minimum price of 7,886.04, setting a robust foundation for the year ahead. Progressing through the months, CAMS shares are anticipated to demonstrate resilience and sustained growth, culminating in December with a forecasted maximum price of 12,253.38 and a minimum price of 9,425.67, showcasing the company’s strong performance and investor confidence throughout the year.
CAMS Financial Condition: Last 5 Years
| CAMS financials | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Sales | 711 | 700 | 706 | 910 | 972 |
| Expenses | 450 | 413 | 409 | 486 | 551 |
| Operating Profit | 261 | 287 | 296 | 424 | 421 |
| OPM % | 37% | 41% | 42% | 47% | 43% |
| Other Income | 1 | 21 | 30 | 17 | 27 |
| Interest | 10 | 10 | 8 | 7 | 8 |
| Depreciation | 50 | 51 | 43 | 52 | 60 |
| Profit before tax | 201 | 247 | 274 | 383 | 380 |
| Tax % | 35% | 30% | 25% | 25% | 25% |
| Net Profit | 131 | 172 | 205 | 287 | 285 |
| EPS in Rs | 26.75 | 35.24 | 42.08 | 58.68 | 58.22 |
| Dividend Payout % | 84% | 35% | 150% | 66% | 85% |
Over the past five years, CAMS has maintained a healthy financial condition, showcasing consistent growth and efficient management. The company’s sales figures have remained steady, ranging from 700 to 972. CAMS has demonstrated effective expense management, with expenses gradually increasing from 413 to 551. This prudent approach has resulted in a positive operating profit, rising from 261 to 421. The company has consistently maintained a healthy operating profit margin (OPM %) of 37% to 43%, highlighting its strong operational performance. CAMS has also generated additional income from various sources, including interest and other income.
With a commendable dividend payout percentage of 100%, CAMS prioritizes rewarding its shareholders. These impressive financials, combined with a market capitalization of ₹11,221 Cr., underscore CAMS’s robust financial position and make it an enticing investment opportunity.
FAQs
The current share price of CAMS stands at ₹3,115 as of 13th April 2024.
The projected share price target for CAMS during 2024-2030, based on market analysis and expert opinions, is estimated to range between ₹2,677.32 and ₹12,528.76.
Based on prevailing market trends and historical data, it is probable that CAMS’ share price will attain a level of 5000 INR by the year 2025, although the precise value remains uncertain.
The share price of CAMS can be influenced by various factors such as the company’s financial performance, market competition, government policies, global economic conditions, and consumer demand.
Is CAMS a good stock to buy?
With a robust presence across multiple sectors and a consistent track record of financial growth, CAMS is regarded as an attractive long-term investment option, acknowledging the inherent risks associated with any stock.
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Conclusion
In conclusion, Computer Age Management Services (CAMS) stands as a compelling investment opportunity, bolstered by its recent achievements and promising financial outlook. The company’s authorization as an online payment aggregator by the Reserve Bank of India (RBI) signifies its continued expansion and innovation in the BFSI and Ed-Tech sectors, further enhancing its service offerings and market presence. With notable milestones such as surpassing 12 lakh mandates for UPI Autopay and impressive financial performance in Q3 FY2024, CAMS demonstrates resilience and growth potential in the dynamic financial landscape. Coupled with its consistent track record and positive market sentiment, CAMS emerges as a stock poised for long-term value appreciation, making it an appealing choice for investors seeking growth and stability in their portfolios.
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