Emerald Finance Limited Submits Q3 and 9M FY26 Results Conference Call Transcript
Emerald Finance Limited has submitted the complete transcript of its Q3 and 9M FY26 results conference call to BSE, revealing impressive financial performance with 68% standalone income growth and 104% net profit increase to ₹8.7 crores for the nine-month period. The company also received a CRISIL rating upgrade to BBB- and demonstrated strong operational progress across its EWA, gold loan syndication, and MSME lending verticals.
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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.
| Metric: | 9M FY26 Performance | Growth Rate |
|---|---|---|
| Standalone Income Growth: | 68% | Year-on-Year |
| Standalone Net Profit: | ₹8.7 crores | 104% increase |
| Consolidated Income: | ₹21.4 crores | 42% increase |
| Consolidated Net Profit: | ₹10.7 crores | 73% increase |
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.
| Parameter: | Current Status | Target/Growth |
|---|---|---|
| EWA Corporate Clients: | 180 total, 150 active | Quality focus over quantity |
| Monthly EWA Disbursements: | ₹8 crores | ₹11.5-12 crores by March 2026 |
| Gold Loan Syndication (December): | ₹105 crores | Continued growth trajectory |
| Employee Base (EWA): | 24,000 employees | Expanding user base |
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.
Historical Stock Returns for Emerald Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.61% | +1.23% | -13.63% | -19.58% | -43.66% | +367.26% |
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