Radiant Cash Management Services Limited , a prominent player in the cash management sector, has announced a significant financial move by providing an inter-corporate loan of up to INR 5 crore to its subsidiary, Aceware Fintech Services Private Limited. This strategic decision, disclosed in a recent filing, underscores the company's commitment to supporting its subsidiary's growth and operational needs.

Key Details of the Loan Agreement

Strategic Implications

The loan agreement highlights Radiant Cash Management Services' confidence in Aceware Fintech's potential and its commitment to fostering growth within its group companies. With Radiant holding a substantial 58.21% stake in Aceware, this financial support is aimed at bolstering the subsidiary's operations and expansion plans.

Financial Flexibility

The loan terms offer considerable flexibility to Aceware, allowing for partial repayments during the tenure. This provision enables Aceware to manage its cash flows efficiently while having access to the necessary capital for its business activities.

Regulatory Compliance

The transaction has been classified as a related party transaction, conducted at arm's length basis, ensuring compliance with regulatory requirements. This transparency in financial dealings underscores Radiant's commitment to good corporate governance practices.

Market Impact

The move demonstrates Radiant Cash Management Services' proactive approach to supporting its subsidiaries and potentially enhancing overall group performance.

As the cash management sector continues to evolve, strategic financial decisions like this could play a crucial role in strengthening Radiant's market position and fostering growth across its group companies.

Investors and market analysts will likely monitor how this loan impacts both Radiant Cash Management Services and Aceware Fintech's performance in the coming quarters.

Radiant Cash Management Services Limited reported consolidated revenue of ₹4,335.00 million for FY 2024-25, marking a 10.6% year-on-year growth. The company's consolidated EBITDA stood at ₹772.00 million with margins improving to 17.8%, while profit after tax reached ₹471.00 million.

Key Highlights

• Consolidated revenue grew 10.6% to ₹4,335.00 million
• EBITDA increased 12.5% to ₹772.00 million, with margins expanding to 17.8%
• PAT rose 5.8% to ₹471.00 million
• Total currency moved during the year was ₹1,678.00 billion
• Added 8,048 new retail touchpoints, taking the total to 77,982
• Now serves 8,974 operational locations across 14,095 pin codes nationwide
• 62% of revenue contributed from Tier 3+ markets
• Added 86 new clients and 456 new end customers during the year

The company expanded its network to 77,982 touchpoints across 14,095 pin codes, adding 8,048 new retail touchpoints during the year. Its subsidiary Aceware Fintech Services turned profitable with revenues of ₹241.00 million.

The Board recommended a final dividend of ₹2.50 per share for FY25. The company operates across 28 states and 8 union territories, with 62% of revenues coming from Tier 3+ markets.

The 20th Annual General Meeting will be held on September 9, 2025 via video conferencing. Key agenda items include adoption of financial statements, dividend declaration, and appointment of secretarial auditors.

Financial Performance

On a standalone basis, revenue increased 5.4% to ₹4,115.00 million. Standalone profit after tax increased marginally to ₹457.00 million. The company maintained a strong balance sheet with zero net long-term debt.

Operational Highlights

• Expanded presence to 8,974 locations across 14,095 pin codes
• Added 8,048 new retail touchpoints, taking total to 77,982
• 62% of revenues from Tier 3+ markets
• Subsidiary Aceware Fintech Services turned profitable

Radiant Cash Management Services continues to focus on expanding its cash management and fintech services, especially in Tier 2 and Tier 3+ geographies. With its strong operational network and technology integration, the company remains well-positioned to capitalize on the growing demand for secure cash logistics and digital financial services in India.