Radiant Cash Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Published 25 Aug 2026 | Commercial Services & Supplies | Market Cap: ₹368 Cr

Targeting mid-teen percentage revenue growth (around 12-14%) in the core business for FY27. The company targets mid-teen growth in PAT margins, aiming for 11%-12% PAT margins in FY27 and mid-teens growth longer term.

From Radiant Cash's Q4 FY26 earnings-call transcript · updated 25 Aug 2026.

Price

₹38.5

Market Cap

₹368 Cr

P/E Ratio

11.6

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Radiant Cash — Quarterly revenue & net profit

Revenue Net Profit

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹103 Cr, net profit ₹10 Cr.

Full financials →

📊 Revenue & Sales Performance

- Targeting mid-teen percentage revenue growth (around 12-14%) in the core business for FY27. - Expecting a positive outcome from discussions with banks to accommodate increased fuel costs, aiding margin improvement. - Radiant Valuable Logistics (RVL) aims to reach breakeven in H1 FY27, with potential revenue growth to INR 50-75 crores in 2 years. - Acemoney (fintech subsidiary) expects to become EBITDA positive in H1 FY27 and achieve double-digit EBITDA margins post-breakeven. - Focus on adding direct clients, growing share of direct customers from 18% towards 30% over the next 2 years. - Expansion plans include aggressive growth in fintech services, business correspondent network (over 10,000 active), and cash van operations. - Overall consolidated revenue growth targeted at approximately 5 billion INR with PAT margins around 11-12% for FY27. - Long-term PAT growth expected in mid-teens percentage. These measures collectively aim to drive volume and revenue growth in the coming years.

📈 Profitability & Margins

→The company targets mid-teen growth in PAT margins, aiming for 11%-12% PAT margins in FY27 and mid-teens growth longer term.
→Consolidated revenues goal: INR 5 billion by FY27.
→Both subsidiaries (Radiant Valuable Logistics and Acemoney) expected to be EBITDA/PAT positive by H1 FY27.
→RVL aims for 20%-30% steady-state EBITDA margins post-breakeven.
→Acemoney targets double-digit combined EBITDA margins post-breakeven, driven by healthy transaction volumes.
→Core business growth target: 12%-14%, helping overall profitability recovery.
→Consolidated EBITDA expected to improve from 8.5% (Q4 FY26) toward 15%+.
→The management expects recovering and sustainable earnings growth through cost reduction, direct client additions, and fintech scale-up.

🏗️ Capital Expenditure Plans

→The company is focusing on rolling out more POS machines, soundboxes, and QR code-enabled devices, particularly through collaborations with small finance banks and NBFCs, leveraging their rural network.
→There is a large business opportunity in expanding fintech services and deployment of digital equipment in newer outlets and hinterland geographies.
→Radiant is pursuing contracts and pipeline opportunities for dedicated cash van operations to drive growth in cash logistics.
→The management is exploring inorganic acquisitions cautiously, based on acceptable valuations, as part of growth strategy—though no large acquisitions have been confirmed.
→There is ongoing investment in expanding business correspondents network, now over 10,000, to provide a wider array of financial services and grow the core business.
→The company is also in the process of applying for a payment aggregator license from RBI to strengthen its fintech vertical.

💰 Fundraising & Capital Structure

→The transcript does not explicitly mention any current or future fundraising plans through debt or equity.
→Management discusses strong cash position with about INR100 crores of cash, including INR60 crores of free cash as of March 2026.
→They mention being open to inorganic acquisitions but only at valuations acceptable to them; no specific fundraising aligned with acquisitions is indicated.
→They are exploring share buyback as an option, indicating readiness to return capital to shareholders rather than raise new equity.
→No mention of debt raising or capital infusion plans is made during the call.
→Overall, the company appears to be focusing on organic growth and operational improvements rather than immediate fundraising.

📋 Order Book & Pipeline

→Large project order from an existing customer picked up; rollout started from April 1 (Page 13).
→Order expected to add around 3% to 4% to top line for the year (Page 13).
→Additional large contracts for dedicated cash vans in pipeline and under discussion (Page 12).
→Focus on targeted lanes with sales teams pushing business to fill lanes efficiently to reach breakeven in valuable logistics (Page 10).
→Subsidiary Acemoney has signed up three reputed clients: two small finance banks and one large NBFC for fintech services and network rollout (Page 8).
→Management targeting breakeven for subsidiaries in the first half of the year (Page 15).
→RVL subsidiary on track to reach breakeven within the current financial year, with several major corporate clients in advanced stages of empanelment (Page 8 & 15).

Key Metrics

What Radiant Cash's management said in earlier quarters

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Frequently Asked Questions

What were Radiant Cash Q4 FY26 results?

What is Radiant Cash share price analysis?

Radiant Cash currently shows a neutral. The stock trades at a P/E of 11.6 with a market cap of ₹368 Cr. Investors should review the full earnings analysis for detailed insights.

Is Radiant Cash planning capital expenditure?

The company is focusing on rolling out more POS machines, soundboxes, and QR code-enabled devices, particularly through collaborations with small finance banks and NBFCs, leveraging their rural network.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.