CMS Info Systems Wins ₹400 Crore HDFC Bank ATM Services Contract

CMS Info Systems Limited has announced that it secured an integrated ATM managed services outsourcing mandate from HDFC Bank Limited. The agreement marks another significant win for CMS in India’s banking and managed services sector.

The contract is valued at around ₹400 crore and will cover nearly 6,000 ATMs across the country. The mandate has been awarded for a period of five years.

Scope Of The Contract

Under the agreement, CMS Info Systems will provide a range of ATM managed services solutions for HDFC Bank. These include currency forecasting, cash logistics management, and deployment of the company’s Vision AI-powered solution, HAWKAI™.

The integration of AI-enabled monitoring and forecasting tools is expected to improve ATM uptime, cash availability, and operational efficiency for the bank’s ATM network.

Strengthening Presence In ATM Services

The latest order further strengthens CMS Info Systems’ position in the managed banking services space. The company has been expanding its technology-driven offerings for banks and financial institutions across India.

The partnership with HDFC Bank, India’s largest private sector bank, is also expected to enhance CMS’s long-term revenue visibility and operational scale in ATM management services.

Anush Raghavan, Chief Business Officer, said, "This HDFC mandate is a powerful endorsement of the CMS platform; our technology, pan-India scale, and consistent execution on uptime and compliance. Building on our expanded ICICI Bank partnership in FY26, our private bank revenue mix has grown from 22% in FY25 to 25%, and we are on track to reach 30% by FY27. With landmark wins now secured at three of India's largest banks, including our recent ₹1,000 Cr SBI mandate; CMS is decisively shaping the next phase of growth in ATM Management Solutions platform and accelerating towards FY27 and FY30 goals."

CMS Info Systems Share Price Today

On May 11, 2026, CMS Info Systems share price opened at ₹309.80, touching the day’s high at ₹319.50, as of 11:06 AM on the NSE.

Also Read: CMS Info Systems Secures ₹1,000 Crore Contract to Manage Around 5,000 SBI ATMs!

Conclusion

The ₹400 crore HDFC Bank mandate marks a significant business milestone for CMS Info Systems and highlights growing demand for technology-led ATM management solutions. With AI-driven services, cash logistics capabilities, and a strong banking client base, CMS continues to strengthen its leadership position in India’s business services and banking infrastructure segment.

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