A ‘Market Leader’ is usually referred to as a company holding the largest market share in the sector that it operates in. Companies that are market leaders tend to emerge as the ‘first movers’ in that industry.
Listed below is one such market leader stock under the ‘small-cap’ category in which the Foreign Institutional Investors (FIIs) increased their stake by 12.58 percent in Q4FY24:
CMS Info Systems Limited
With a market capitalization of Rs 6,555.25 crores, the stocks of CMS Info Systems Limited started their trading session on Thursday at Rs 400 and currently trades at Rs 403.20, gaining approximately 0.80 percent compared to the previous close of Rs 400.05 apiece.
According to the latest shareholding data available, Foreign Institutional Investors (FIIs) have increased their stake in CMS Info Systems Limited by 12.58 percent during the quarter ended March 2024. The FIIs raised their stake from a holding of 23.76 percent during the December 2023 quarter to a holding of 36.34 percent during the March 2024 quarter.
Having a glance at the consolidated financial statements, the company’s prime business indicators, viz, its operating profits as well as after-tax profits, reported a jump in numbers with the former increasing from Rs 487 crores during Q2FY24 to Rs 523 crores during Q3FY24, and the latter, keeping the timeframe the same, rose from Rs 71 crores to Rs 96 crores.
In addition to the above, the company’s ratio analysis exhibited positive movements in its return ratios, viz, the return on equity (RoE) as well as the return on capital employed (RoCE). The former increased from 17.83 percent during FY21-22 to 19.02 percent during FY22-23, and the latter, during the same period, rose from 22.18 percent to 24.21 percent.
The latest shareholding pattern data exhibits the Foreign Institutional Investors (FIIs) holding a 36.34 percent stake, and the Public (retail) investors holding a 34.65 percent stake in the company.
Founded in 2008, CMS Info Systems Limited is engaged in the business of installing, maintaining, and managing assets as well as technology solutions on an end-to-end outsourced basis for various financial institutions, e-commerce companies, and organized retail in India.
As per the data available publicly, the company is a market leader in the “Cash Management Business” in India and has a market share of more than 30 percent in outsourced ATM cash management and a strong presence in more than 1 lakh ATMs and RCM touch points covering more than 90 percent of India’s districts.
Written by Amit Madnani
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