Radiant Cash Management Services Ltd — earnings calls

Radiant Cash Management reported standalone revenue growth of 7% for Q1 FY27, driven largely by a new IDBI Bank mandate, while standalone EBITDA margin declined to 13.5% from 15.9% a year earlier due to higher manpower and minimum wage costs. Management said price revision discussions with banks, coordinated through an industry association, are expected to conclude in Q2 FY27. Consolidated PAT fell to Rs 52 million from Rs 57 million, while the Radiant Acemoney fintech subsidiary and Radiant Valuable Logistics both narrowed losses during the quarter.

Radiant Cash Management reported flat standalone revenue for FY26 with growth in e-commerce, petroleum and organized retail offset by loss of railway regions and an e-commerce logistics client. Consolidated PAT fell to INR280 million from INR470 million, largely due to losses in the fintech subsidiary Radiant Acemoney following the end of the PIDF subsidy in December 2025. Management outlined cost reduction measures, cross-selling initiatives between the cash management and valuable logistics businesses, and targets to bring both Radiant Valuable Logistics and Acemoney to breakeven in the first half of the current financial year.