CMS Info Systems Wins HDFC Bank ATM Mandate; Shares Rise 3%

Mumbai, May 11: CMS Info Systems has secured a five-year ATM managed services outsourcing mandate from HDFC Bank valued at around ₹400 crore across 6,000 ATMs, according to an exchange disclosure submitted to BSE and NSE.

The company said the contract covers integrated ATM managed services, including currency forecasting, cash logistics and deployment of its Vision AI platform HAWKAI. The mandate has been awarded by HDFC Bank, India’s largest private sector lender.

As per the regulatory filing, the order strengthens CMS Info Systems’ position in the ATM outsourcing and cash management segment. The company added that the deal builds on its expanding private banking partnerships and supports its long-term growth strategy in managed services.

The exchange filing was submitted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Stock Market Snapshot

CMS Info Systems share price rose after the company disclosed the HDFC Bank mandate to exchanges. Shares of the company were trading at ₹298.40, higher by 3.04%, as of 10:45 AM IST on May 11, 2026, according to exchange data.

The stock movement followed investor reaction to the scale and tenure of the contract, which covers 6,000 ATMs over five years. Market participants also tracked the company’s commentary around growth in the private banking segment and managed ATM services platform.

The company, in its media release, said private bank revenue contribution has increased over recent financial years, aided by mandate additions and technology-led execution capabilities.

About CMS Info Systems

CMS Info Systems operates across ATM management, retail cash management, currency logistics and technology-enabled payment solutions. The company services banks, financial institutions, organised retail and e-commerce businesses through a nationwide network.

According to the company, its ATM management and cash logistics platform spans a majority of Indian districts. CMS Info Systems also offers AI-led surveillance and monitoring solutions under its HAWKAI platform.

The company has been listed on Indian stock exchanges since December 2021.

Conclusion

The ₹400 crore HDFC Bank mandate marks another large-scale managed services win for CMS Info Systems and expands its exposure within the private banking ecosystem. Investors responded positively to the announcement, with the stock trading higher during the session following the disclosure.

The deal also reflects continued outsourcing demand in ATM infrastructure management and cash logistics services across the banking sector.

Source:

• https://www.nseindia.com/get-quote/equity/CMSINFO/CMS-Info-Systems-Limited
• https://nsearchives.nseindia.com/corporate/CMSINFO_10052026120508_PressReleaseMay2026sd.pdf