CAMS Services Q2 FY26 – Stable Performance with Moderate Growth

CAMS Services reported steady financials for the September 2025 quarter, with marginal top-line growth but a slight dip in profitability on a year-on-year basis. • Sales: ↑ 4% YoY to ₹354 crore (vs ₹342 crore in Sep 2024) • EBIDT: ↔ 0% YoY at ₹161 crore (vs ₹160 crore) • Net Profit: ↓ 4% YoY to ₹111 crore (vs ₹115 crore) • EPS: ↓ 4% YoY to ₹22.41 (vs ₹23.38) At a price of ₹3,985, market cap ₹19,739 crore, and PE 44.9, CAMS maintains consistent operational efficiency, though profit growth remains muted. The stability in EBIDT reflects controlled costs despite modest revenue growth.