CMS wins landmark ₹1,000 Cr SBI integrated cash solutions contract for ~5,000 ATMs

Hyderabad, 7th January 2026: CMS Info Systems Limited (CMS), India’s leading business services company offering logistics, technology solutions & services, has been awarded a ₹1,000 crore, 10‑year contract from State Bank of India (SBI). This is the first such direct large PSU bank cash outsourcing contract, covering ~5,000 bank-owned ATMs across India. The project will include managed services, improving cash efficiency, and delivering higher ATM uptime to benefit millions of bank customers. The contract goes live in January 2026.

This win marks a clear preference for integrated solutions in bank outsourcing. This contract further strengthens the long‑standing relationship between CMS and SBI, building on CMS’s partnership with the bank through large and complex projects, including multi‑vendor software solution (ALGO MVS™), vision AI solution HAWKAI™, and managed services for ATMs.

Commenting on the win, Mr. Anush Raghavan, Chief Business Officer, said, “This landmark ₹1,000 crore, 10-year contract from SBI will deliver incremental revenue growth of ₹500 Cr. A large part of India’s ATM channel was disrupted in 2025, and we have played an active role in helping stabilize ATM operations for many banks. This long-term contract will provide stability and high-quality services to millions of consumers with seamless self-service banking.”

About CMS Info Systems Limited (CMSINFO):

CMS Info Systems Limited (BSE: CMSINFO | 543441, NSE: CMSINFO) is India’s leading business services company providing logistics and technology solutions to banks, financial institutions, organized retail, and e-commerce companies with a presence across Cash Logistics, Managed Services, and Technology Solutions.

CMS empowers businesses with a scalable, unified platform that delivers innovative, technology-driven solutions and services – enabling them to accelerate growth, expand reach, and serve millions of consumers.