ATM Management Company Set to Acquire FSS Unit for Rs 115 Crore
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CMS Info Systems is set to supercharge its ATM network with the acquisition of FSS’s unit, adding 8,000 machines and unlocking new growth opportunities in India’s banking tech sector.
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CMS Info Systems Ltd has announced that it will acquire the ATM Managed Services business of Financial Software and Systems Private Limited for up to Rs 115 crore. The acquisition will add around 8,000 ATMs to CMS’s network, increasing its total managed ATM base from about 31,000 to nearly 39,000 machines.
The deal is expected to be completed in the first quarter of 2026-27, subject to the transfer of assets and customer contracts.
CMS said the acquisition is part of its long-term strategy to grow through consolidation in the ATM services market. The company had earlier outlined this approach during its Analyst Day in September 2025.
The ATM Management Solutions business is a key part of CMS’s operations, generating around Rs 1,300 crore in revenue in 2024-25. The company expects this segment to grow at around 11 per cent annually until 2029-30.
FSS, founded in 1991, is a well-known provider of payment technology and Banking services in India. Through this acquisition, CMS will gain access to FSS’s banking clients and strengthen its presence, especially among private sector banks.
CMS also expects to benefit from operational efficiencies and cross-selling opportunities across its services, including cash Logistics and technology platforms.
About CMS Info Systems Ltd
CMS Info Systems Ltd is India’s leading business services company. It operates a unified platform across three key segments: ATM Management Solutions, Retail Solutions & Currency Logistics, and Technology & Payment Solutions. Through these services, the company supports banks, financial institutions, organised retail, and e-commerce companies across India.
CMS Info Systems Ltd Share Price Performance
As of 03:00 PM, CMS Info Systems Limited is trading at Rs 266 on March 30, 2026, down 1.79 per cent from its previous close of Rs 270.85. The stock traded in a relatively wide range during the session, touching a high of Rs 279.10 and a low of Rs 265.30, indicating Intraday volatility.
Despite the day’s movement, the broader trend remains weak. The stock is down 24.49 per cent year-to-date and has declined 42.37 per cent over the past year.
Disclaimer: The article is for informational purposes only and not investment advice.