RNFI Services reported a Profit After Tax (PAT) of approximately INR32.5 crore for FY26, representing a growth of around 62% over the previous year. The company’s management has projected a profitability growth range of 40% to 45% year-on-year for FY27, driven by insurance distribution, delinquent loan collection, Cash Management Services (CMS), and other emerging businesses. The disclosure was submitted to the National Stock Exchange of India Limited in compliance with Regulation 30 and Regulation 46(2)(oa) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Shift and Investments

During FY26, the company executed a strategic shift towards higher-margin verticals, which required significant investments in distribution expansion, sales teams, and infrastructure. These investments, largely expensed through the profit and loss account, impacted near-term profitability but are expected to yield returns within 6 to 12 months. Management emphasized that while working capital intensity has increased due to these new businesses, the superior margins and returns on capital offset this impact.

Business Performance and Outlook

The decline in the high-volume, low-margin Domestic Money Transfer (DMT) business affected top-line revenue by approximately INR60 crore but had a negligible impact on the bottom line. This was offset by growth in segments such as delinquent loan collections, CMS, and insurance. The company’s subsidiary, PaySprint, delivered approximately 100% year-on-year growth.

Looking ahead, the company plans to launch a mutual fund savings product for its Sahayak merchants around Q2 or Q3 of FY27. Additionally, the new UPI cash withdrawal product, launched in partnership with Jio Payment Bank, is expected to become a significant revenue driver.

Financial Metrics

The company provided an update on its Average Revenue Per User (ARPU) and capitalization details for the financial year.

Management clarified that most growth-related expenses are expensed immediately, with only specific new technology projects being capitalized.

RNFI Services Limited has announced that its wholly owned subsidiary, RNFI Asset Distribution Private Limited, has received registration from the Association of Mutual Funds in India (AMFI). The company disclosed this development through an intimation filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated May 08, 2026.

AMFI Registration Details

The registration marks a key milestone in RNFI Services' efforts to broaden its financial distribution footprint. The following table outlines the key details of the registration:

Background and Context

This announcement follows a series of earlier intimations filed by RNFI Services Limited on February 10, 2026, March 09, 2026, and March 26, 2026, indicating that the process of obtaining this registration had been underway for several months. The AMFI registration now formally enables RNFI Asset Distribution Private Limited to operate as a mutual fund distributor.

Strategic Significance

According to the company's regulatory filing, the AMFI registration will enable the subsidiary to further strengthen and expand its distribution capabilities by effectively leveraging its existing agent network and market presence. The development positions RNFI Services to deepen its reach in the mutual fund distribution segment through its subsidiary's established infrastructure.

The intimation was signed by Mohit Chauhan, Company Secretary of RNFI Services Limited, and submitted to the Listing Compliance Department of the National Stock Exchange of India Limited.