CAMS Share Price Target 2026, 2027, 2028, 2029, 2030
- Market Cap
- ₹19,984 Cr
- Book Value
- ₹48.7
- Stock P/E
- 44.0
- Dividend Yield
- 1.54%
- ROE
- 37.0%
- ROCE
- 48.3%
- PEG Ratio
- 2.97
- EV/EBITDA
- 28.0
Fundamentals from Screener.in, as of 5 Aug 2026. Live price via Yahoo Finance.
CAMS share price today
Computer Age Management Services (NSE: CAMS) is the plumbing of Indian mutual funds: registrar and transfer agent to roughly 70% of industry AUM. Every SIP debit, every folio update, every redemption across most of the industry flows through its systems. Switching RTAs means migrating decades of investor records under regulatory glare — so nobody does. The result is near-irreplaceability priced into the P&L: 48.3% ROCE, 45.9% operating margins, 37% ROE, and a 1.5% dividend.
At 44×, our universe tags it wait — infrastructure monopolies earn premium multiples; the scenarios below measure how much premium the next five years can service.
The toll on the toll booth
CAMS earns basis points on serviced AUM — a levy on the same SIP-culture flywheel that powers the AMCs, but from a monopoly-adjacent seat with no fund-performance risk: money moving between funds still passes through CAMS. Adjacencies (KYC registration, insurance repositories, AIF services, account aggregation) reuse the same trust infrastructure and add growth off-AUM. No promoter — institutionally owned since the PE era — with governance to match.
Watch-items: RTA fee renegotiations with large AMCs (the periodic squeeze), equity-market drawdowns marking AUM down, adjacency scaling pace, and any regulatory rethink of RTA market structure.
The numbers
From our research universe snapshot (5 Aug 2026):
| Metric | Value |
|---|---|
| Market cap | ₹19,984 Cr |
| P/E (TTM) | 44.0 |
| EV/EBITDA | 28.0 |
| Operating margin | 45.9% |
| ROE / ROCE | 37.0% / 48.3% |
| Debt to equity | 0.04 |
| Sales CAGR (5y) | 16.0% |
| Profit CAGR (5y) | 14.9% |
| Promoter holding | 0% (institutionally owned) |
| EPS (TTM) | ₹18.38 |
CAMS share price target 2026 to 2030
EPS base ₹18.38 (TTM). Bear: fee compression outpaces AUM growth — 8% growth, multiple at 28×. Base: the SIP flywheel compounds through fee drift — 13% growth at 36×. Bull: adjacencies inflect while AUM booms — 18% growth at 46×.
| Year | Bear (28×, +8%) | Base (36×, +13%) | Bull (46×, +18%) |
|---|---|---|---|
| 2026 | ₹556 | ₹748 | ₹998 |
| 2027 | ₹600 | ₹845 | ₹1,175 |
| 2028 | ₹648 | ₹955 | ₹1,390 |
| 2029 | ₹700 | ₹1,080 | ₹1,640 |
| 2030 | ₹756 | ₹1,220 | ₹1,935 |
From ₹809, the base case is ≈ +51% over four and a half years plus the 1.5% yield; the bear is −7%. Monopoly plumbing has gentle downside by construction — the range below makes the upside equally structural.
Reasons to own CAMS (at the right price)
- ~70% RTA share with migration-proof switching costs — the moat is bureaucratic gravity.
- Rides SIP-culture AUM growth without fund-performance risk.
- 48% ROCE, 46% OPM — infrastructure economics at software margins.
- Adjacencies (KYC, AIF, insurance repository) compound off the same trust base.
- Clean institutional ownership and a real dividend.
The risks: AMCs periodically renegotiate fees downward, AUM marks fall with markets, and 44× already respects the monopoly.
Should you buy at the current price?
The live buy range below is for members — where the plumbing trades at pipe prices.
FAQ
What is the CAMS share price target for 2030? Base case ≈ ₹1,220 (36× on 13% compounded growth), bear ≈ ₹756, bull ≈ ₹1,935. Arithmetic above.
Why can’t AMCs switch away from CAMS? Migrating millions of folios with full transaction history to a new RTA is a multi-year regulatory project with catastrophic downside if botched. The pain of leaving is the product.
How does CAMS differ from owning an AMC? An AMC’s earnings depend on fund flows and performance; CAMS earns on aggregate AUM serviced regardless of which fund wins. Lower fee rate, higher certainty.
When are CAMS’s next results? Track the exact date on our results calendar.
This article is research and education, not personalised investment advice. We are not SEBI-registered advisers. Price targets are scenario arithmetic, not promises. Do your own research and consult a registered adviser before acting.