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Earnings Call

Radiant Cash Management Services Earnings Call: Key Takeaways

Radiant CMS Q4 FY26 earnings transcript highlights flat core revenue but improving standalone EBITDA margins of 15% due to cost measures.

Why this was an Alfa AlertNot a filter event. Financial results were subdued/flat and management did not report a 10%+ beat on primary metric guidance.
Highlights
Revenue growthConsolidated FY26 revenue grew 1.1% YoY to ₹4.4 billion.
MarginsStandalone EBITDA improved to 15%; consolidated margin dropped to 10.7%.
Order bookLarge project rollout started April 1; 2-3 large cash-van contracts in pipeline.
Demand visibilityPositive momentum in jewelry sector and new bank empanelments.
Management confidenceConfident in H1 FY27 breakeven for subsidiaries and margin restoration.

Growth

FY26 Consolidated revenue grew 1.1% to ₹4.4bn; PAT dropped to ₹280m from ₹470m due to fintech losses.

Outlook

FY27 targets: ₹5bn revenue, 11-12% PAT margins; subsidiaries expected to breakeven in H1 FY27.

Risks

Loss of railway regions and e-com logistics clients; termination of PIDF subsidy; fuel cost inflation.

Last quarter's promises, checked

Delivered

  • Breakeven in Acemoney → delivered positive EBITDA INR34m (= BEAT)
  • Install 1 lakh POS machines in FY26 → delivered 1 lakh+ (= BEAT)
  • Improve EBITDA margin from Q2 (13.1%) → delivered 13.9% (= BEAT)

Partly delivered

  • Scale transaction volumes for annuity revenue → delivered INR1,000cr milestone (= PARTIAL)

Missed

  • Achieve breakeven in RVL in 2 quarters → delivered continued losses (= MISS)
  • Maintain flat volume of cash handled → delivered 1% growth vs flat target (= BEAT)
Source

Earnings Call filed with BSE, NSE: RADIANTCMS. Summary written with AI assistance from the document.

Read the document ↗

Radiant Cash Management Services Ltd: key numbers

Share price
₹35.67
Market cap
₹380.6 Cr
Revenue (annual)
₹429.5 Cr
Net profit (annual)
₹32.26 Cr
P/E (TTM)
12.2×Sector 22.0×
Promoter holding
56.95%+0.03% QoQ
FII holding
0.21%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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