CMS Info Systems Reports Flat Performance in Q2 FY25, Strong Operating Cash Flow a Highlight

CMS Info Systems, a midcap IT software company, has recently announced its financial results for the quarter ended September 2024. The company’s stock call has been declared as ‘Hold’ by MarketsMOJO.

According to the financial report, CMS Info Systems has shown a flat performance in the quarter, with a score of 3 out of 10, which is a decrease from the previous score of 6 in the last 3 months. However, there are some positive aspects to the company’s financials.

One of the key highlights is the company’s strong operating cash flow, which has been consistently growing over the past three years. In the last fiscal year, CMS Info Systems recorded the highest operating cash flow of Rs 439.89 crore. This indicates that the company has been able to generate higher cash revenues from its business operations.

On the other hand, the company’s non-operating income has also seen a significant increase in the last five quarters, with the highest recorded at Rs 13.67 crore. While this may seem like a positive aspect, it is important to note that this income is from non-business activities and may not be sustainable in the long run.

Overall, CMS Info Systems has shown a mixed performance in the quarter, with some positive and negative aspects. Investors are advised to hold their positions in the company’s stock, as recommended by MarketsMOJO.