Radiant Cash Management Services Ltd. Share Price

RADIANT CASH — THE CASH LOGISTICS ENGINE IS GOING DIGITAL 💰

Cash may be moving faster toward digital payments. But India's physical cash ecosystem is still enormous — and Radiant is building the infrastructure behind it. Radiant Cash Management Services operates across retail cash management, cash-in-transit, cash processing, ATM-related services and fintech, giving it exposure to both traditional cash infrastructure and newer financial-services opportunities. The core business handled approximately ₹1.69 lakh crore of cash in FY26, with around 77,521 service points by year-end. The company also maintained gross cash losses at just 0.02% of cash handled, highlighting the importance of its risk-management infrastructure. But the interesting part is what's happening beyond the traditional business. Cash management → Merchant network → POS → Business correspondents → Fintech. Radiant's AceMoney subsidiary had crossed 10,000 business correspondents, while management has been pursuing transaction revenues from its installed POS network and partnerships with banks and NBFCs. That's the potential second engine. The traditional business provides the distribution network. The fintech layer can potentially increase revenue per customer and revenue per touchpoint. And Q1 FY27 showed some early signs of improvement. Revenue increased around 5.8% YoY to ₹108.2 crore, while consolidated net profit was approximately ₹5.2 crore. The bigger trigger could be margin recovery. The Q1 FY27 investor presentation indicated that EBITDA margins were pressured by higher minimum wages and shortages of armed guards, while management expected customer price revisions to help offset some of the cost pressure. Meanwhile, the logistics subsidiary Radiant Valuable Logistics grew about 35% in FY26, with management targeting positive EBITDA in FY27. So the potential flywheel looks like: More service points → More customers → More cash-management activity → More fintech touchpoints → Higher utilisation → Better margins.

See More

Stocks in news today

’s wholly owned subsidiary--Ceigall Infra Projects has received Letter of Award (LOA) from National Highways Authority of India for Construction of 4 laning of Sahebganj Areraj Bettiah of NH 139W (Total length 78.942 km) in the State of Bihar on Hybrid Annuity Mode comprising (i) Section-1: Sahebganj to Areraj (38.362 km) and (ii) Section-2: Areraj to Bettiah (40.580 km). Bid project cost is Rs 2,160 crore. has incorporated a Wholly Owned Subsidiary (WOS), namely, Adani Atomic Energy (AAEL) to generate, transmit, and distribute electric power derived from nuclear and/or atomic energy. The Certificate of Incorporation issued by the Central Registration Centre, Registrar of Companies, has been received by the Company on February 11, 2026. Management Services has received the Letter of Intent (LoI) from IDBI Bank for dedicated secured cash van business, cash delivery & pick-up (CDP) Services in seven zones. The contract shall be for a period of three years commencing from April 1, 2026 to March 31, 2029. Broad consideration or size of order(s)/contract(s) is about Rs 35 crore (including renewal of existing business amounting about Rs 15 crore). Choice International has acquired 51% equity shares at Rs 192.15 for a total consideration of Rs 9.99 crore in Fintoo Wealth. The acquisition is in line with the company’s strategy to strengthen its presence in the technology-driven investment advisory and wealth management segment. Fintoo Wealth’s AI-based digital advisory platform which complements the company’s existing financial services business and is expected to enhance digital capabilities, expand customer reach, and create cross-selling synergies. The business is aligned with the company’s core financial services operations.

See More