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.

Radiant Cash Management Services Limited , India's leading Retail Cash Management services company, has announced its financial results for the first quarter, showcasing robust growth across various segments and strategic initiatives.

Client Base and Cash Handling

The company reported a significant expansion in its client base, servicing 247 clients in Q1 compared to 166 in the same quarter last year. This growth was accompanied by an increase in total cash handled, reaching INR 422.40 billion, up from INR 407.30 billion in the previous year.

Revenue Diversification

Radiant Cash Management has made strides in diversifying its revenue streams. Direct client sales now account for 14.30% of standalone revenues, a substantial increase from 9.00% in the prior year period. This growth reflects the company's strong market reputation and technological capabilities.

Strategic Initiatives Update

The company provided updates on five key strategic initiatives:

1. Acemoney Subsidiary: The fintech arm completed its equipment vendor transition and expects to roll out over 70,000 POS machines this financial year. Transaction volumes reached Rs. 410.00 crores for the quarter, representing a 94% sequential growth.

2. Radiant Valuables Logistics: While yet to achieve breakeven, the division has inducted senior professionals to lead turnaround efforts.

3. Radiant Insta Credit: The division launched marketing campaigns, including radio advertisements, to support growth.

4. Cash Van Operations: This segment continued to contribute to overall growth, with expectations of healthy revenue and profit growth in the coming quarters.

5. Network Cash Management: Performed well with over 62% revenue share from Tier 3+ locations.

Operational Highlights

Segmental Performance

The company's Network Cash Management and Cash Van Operations segments performed well during the quarter. The share of revenues from Tier 3+ locations remained strong at over 62%, highlighting the company's importance to bank customers with limited branch presence in these areas.

Risk Management

Radiant Cash Management demonstrated effective risk management practices, with gross cash losses of Rs. 16.40 million, representing less than 0.004% of total cash handled. A substantial portion of these losses has been recovered through insurance.

Management Commentary

Col. David Devasahayam, Chairman and Managing Director, commented on the results: "The revenue growth of our Company for this quarter was supported by continued growth among Direct Clients, Network Cash Management and Cash Van operations despite challenging macro-economic environment, particularly in the NBFC and MFI sectors. We are taking several key initiatives for the long term sustained growth of the Company and confident of healthy growth in revenue and profitability in the upcoming quarters."

Future Outlook

The company remains optimistic about its long-term prospects, citing the under-penetrated nature of the retail cash management service in India. Radiant Cash Management is focusing on reorienting itself as a full-fledged sales organization to tap into vast untapped markets across its key verticals.

As Radiant Cash Management Services continues to expand its operations and diversify its revenue streams, the company appears well-positioned to capitalize on the growing demand for cash management services in India's evolving financial landscape.