# CMS Info Systems aims to double tech revenue share by FY30

2026-08-07T15:16:28+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

CMS Info Systems plans to double its technology and payment solutions business to over 20% of total revenue by FY30, from around 16% or ₹370 crore in FY26, says CEO Rajiv Kaul. The vertical has grown at 25-30% CAGR over five years and targets 20% growth ahead. The company is expanding AI surveillance and payment offerings beyond banking into quick commerce, EV charging, and retail. Cash logistics remains the core business, contributing about 60% of revenue. CMS commands a 42-45% share in cash logistics and manages 57-60% of ATMs nationwide. Kaul avoids the 'fintech' label, calling CMS a financial infrastructure company focused on cash generation and margins. The total addressable market for the tech division is estimated at ₹800-1,000 crore.

## Coverage

- livemint.com <https://www.livemint.com/companies/news/cms-info-systems-rajiv-kaul-11786083831787.html>

Tags: AI surveillance, cash logistics, CMS Info Systems, fintech, growth strategy, payment solutions
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