CMS Info Systems Share Price Surges Over 2% on Securing ₹1,000 Crore Contract to Manage Around 5,000 SBI ATMs

CMS Info Systems Limited has secured a ₹1,000 crore contract from State Bank of India for integrated cash solutions.  

The agreement is valid for 10 years and covers the management of close to 5,000 bank-owned ATMs across India. The contract is scheduled to commence in January 2026. 

Scope of Services 

Under the agreement, CMS will handle end-to-end managed services for SBI’s ATM network. This includes cash logistics, ATM operations and technology-related support.  

The arrangement is aimed at improving cash availability and reducing ATM downtime across locations. 

Structure of the Mandate 

The contract brings cash handling, technology platforms and operational management under a single service provider.  

This is the 1st instance of a public sector bank awarding a direct, large-scale cash outsourcing mandate of this nature. Earlier, similar services were typically split across multiple vendors. 

Network Coverage 

The mandate covers ATMs spread across urban and semi-urban regions. CMS will use its existing operational systems to monitor ATM performance and cash levels.  

These systems are already in use across other ATM networks managed by the company and are part of operations. 

Background with SBI 

CMS has previously executed several ATM-related assignments for SBI, including managed services and technology solutions across multi-vendor environments.  

The current contract extends this association, with a longer tenure and a wider operational scope compared to earlier engagements. 

The company has indicated that the contract is expected to generate incremental revenue of around ₹500 crore over its duration. 

CMS Info Systems Share Price Performance 

As of January 7, 2026, 1:04 pm, CMS Info Systems Ltd share price was trading at ₹350.85, a 2.65% increase from the previous closing price. 

Read more: Info Edge Share Price Jump 4% After December Hiring Rises 13%, Non-IT Sectors Lead 

Conclusion 

The SBI mandate adds a long-term cash management assignment to CMS Info Systems’ order book and shows a growing use of integrated outsourcing arrangements in the public sector banking system. 

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