Emerald Finance Limited has published the audio recording of its investor and analyst meet regarding the financial results for the quarter ended June 30, 2026. The recording is accessible via the company’s official website, ensuring transparency and equal access to information for all stakeholders following the disclosure of its Q1FY27 performance.

The submission was made pursuant to Regulations 30 and 46(2)(oa) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Additionally, the company adhered to the Guidance Note issued by the Stock Exchanges dated July 29, 2022, which mandates the availability of such recordings to facilitate broader market participation and scrutiny.

Compliance and Disclosure Details

The company formally notified the Department of Corporate Services at BSE Limited on July 28, 2026. The notification confirmed that the audio file is hosted on the corporate website and provided a direct link for access. This procedural step ensures that investors who could not attend the live call can review the management’s commentary on the quarterly performance.

Amarjeet Kaur, Company Secretary cum Compliance Officer, signed the submission. She holds Membership No. F13755 and is responsible for ensuring regulatory compliance for Emerald Finance Limited.

Confirmation on Information Disclosure

In its communication to the exchange, Emerald Finance Limited explicitly stated that no unpublished price-sensitive information (UPSI) was shared or discussed during the investor call. This confirmation is critical for maintaining market integrity and preventing insider trading concerns. Investors are advised that all material information discussed in the call has either been publicly disclosed or is not considered price-sensitive under current regulations.

The audio recording serves as an archival resource for analysts and shareholders seeking detailed insights into the company’s operational and financial trajectory for the initial quarter of FY27. It complements the formal financial results filing by providing qualitative context from management.

Emerald Finance Limited reported a 52.7% year-on-year increase in consolidated net profit to ₹4.88 crore for the quarter ended June 30, 2026, driven by strong momentum in its Earned Wage Access (EWA) platform and diversified lending portfolio. Total income rose nearly 40% to ₹9.44 crore, while EBITDA grew by 60.3% to ₹7.42 crore, reflecting the scalability of its asset-light loan origination model. The Board of Directors approved the unaudited results on July 25, 2026.

Consolidated Financial Performance

The company’s consolidated total income for Q1FY27 stood at ₹9.44 crore, compared to ₹6.74 crore in the corresponding period of the previous year. Profit before tax increased significantly to ₹6.54 crore from ₹4.27 crore, supported by higher interest and fee-based income. The statutory auditors reviewed the results and issued an unmodified audit opinion. Employee costs decreased to ₹0.94 crore from ₹1.22 crore, contributing to margin expansion.

Standalone Results

On a standalone basis, Emerald Finance recorded a net profit of ₹3.45 crore for the quarter, up 31.2% from ₹2.63 crore in Q1FY26. Total income increased to ₹6.27 crore from ₹4.74 crore. EBITDA on a standalone basis rose to ₹5.22 crore from ₹3.86 crore, indicating improved operational efficiency across its core lending segments. Interest expense stood at ₹0.57 crore, up from ₹0.34 crore in the prior year period.

Business Developments & Traction

The financial performance was bolstered by strategic expansions in its product portfolio. The company successfully partnered with 32 additional corporate organizations for its flagship Earned Wage Access (EWA) service, bringing its total corporate partnerships to 246. Furthermore, Emerald Finance entered into a strategic alliance with Credila Financial Services Limited for educational loans and collaborated with AU Small Finance Bank Limited for gold loans. These partnerships aim to diversify revenue streams beyond its traditional retail and MSME lending focus.

Key operational metrics highlight the scale of the EWA business:

• Monthly Active Users: 5,050 users
• Monthly EWA + Cross-Sell Volume: ₹26 crore
• Lending Partnerships: Works with 50+ financial institutions PAN India

What the Numbers Show

The disproportionate growth in EBITDA (60.3%) compared to total income (40.0%) suggests improving operating leverage. As an asset-light NBFC acting as a loan origination platform, this margin expansion indicates that fee-based income is scaling faster than variable costs. EWA processing fee income surged from ₹4 lakh in September 2024 to ₹102 lakh in June 2026, demonstrating rapid adoption. The significant surge in consolidated net profit, outpacing standalone growth, highlights the increasing contribution from subsidiaries or associates, likely driven by the expanding EWA ecosystem and distribution network.