Emerald Finance Limited has announced a strategic partnership with Aruna Enterprises, Haryana, to launch its Early-Wage-Access program for employees. The company disclosed this development on February 05, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Partnership Details

The collaboration between Emerald Finance Limited and Aruna Enterprises focuses on providing employees with seamless access to salary advances throughout the month. This partnership represents a significant step in the company's strategy to expand its financial service offerings to retail customers.

Program Features and Benefits

The Early-Wage-Access program is designed to provide instant financial relief to employees by allowing them to access portions of their earned salaries before the regular payday. This innovative solution addresses the immediate financial needs of workers while maintaining a structured repayment mechanism through salary deductions.

The program operates as a short-term lending solution where employees can access salary advances as needed. The company has structured this offering to serve as a bridge between paydays, helping employees manage their financial requirements more effectively throughout the month.

Strategic Vision

This partnership aligns with Emerald Finance Limited's broader vision to expand its service portfolio and cater to retail customers on a larger scale. The company has been actively working on developing salary advance solutions as part of its growth strategy in the financial services sector.

The initiative involves establishing partnerships with employers to offer structured short-term loans as salary advances. This approach allows the company to tap into the employee benefits market while providing valuable financial services to working professionals.

Regulatory Compliance

The announcement was made through a formal disclosure to the BSE Limited, demonstrating the company's commitment to maintaining transparency and regulatory compliance. The disclosure was signed by Amarjeet Kaur, Company Secretary cum Compliance Officer, ensuring proper adherence to listing obligations and disclosure requirements.

Emerald Finance Limited has submitted the complete transcript of its Q3 and 9M FY26 results conference call held on January 29, 2026, to BSE Limited on February 2, 2026. The submission was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following the company's earlier communication regarding the investor conference call.

Strong Financial Performance for Nine Months

The company delivered robust financial results for the first nine months of FY26, demonstrating significant growth across key metrics. On a standalone basis, total income grew by 68% while net profit surged by 104% to ₹8.7 crores. The consolidated performance was equally impressive, with total income increasing by 42% to ₹21.4 crores and net profit growing by 73% to ₹10.7 crores.

Business Expansion and Digital Initiatives

Emerald Finance has made significant operational progress across its three business verticals - EWA (Earned Wage Access), gold loan syndication, and MSME lending. The company launched its mobile application and became one of the few finance companies in India to enable loan disbursement via WhatsApp. In December alone, the company syndicated over ₹105 crores in gold loans, demonstrating strong momentum in its fee-based business.

Credit Rating Upgrade and Growth Metrics

CRISIL upgraded the company's investment grade rating to BBB- from BBB+, which is expected to help reduce funding costs and improve access to capital. The company currently operates with 180 corporate clients for its EWA business, with 150 being active. Monthly EWA disbursements have reached ₹8 crores, with projections to achieve ₹11.5-12 crores by March 2026.

Asset Quality and Risk Management

The company maintained strong asset quality with historical NPA levels below 0.4-0.5%. During Q3, the company reported ₹26 lakhs in NPA from one corporate client facing temporary liquidity issues, of which ₹17 lakhs has already been recovered. Management emphasized their conservative approach to credit underwriting, particularly given current market conditions.

Regulatory Compliance and Transparency

The transcript submission follows regulatory requirements and includes confirmation that no unpublished price sensitive information was shared during the investor call. The complete transcript is available on the company's website, ensuring transparency for all stakeholders. The document was signed by Amarjeet Kaur, Company Secretary cum Compliance Officer, maintaining proper corporate governance standards.