Radiant Cash Management Releases Q1 Results and Approves Limits for Subsidiary Aceware Fintech Services
Radiant Cash Management Services Limited announced its unaudited financial results for the quarter ended June 30, 2026, along with significant corporate decisions regarding its auditors and enhanced lending capacities for its subsidiary, Aceware Fintech Services Private Limited.The Board of Directors reviewed and approved the un-audited Standalone and Consolidated Financial Results as per Indian Accounting Standards (Ind AS). The results were accompanied by a Limited Review Report from the Statutory Auditors, which held an unmodified opinion on the figures.
Key Corporate Approvals
In addition to reviewing the financial performance, the Board meeting addressed two major corporate items: the re-appointment of the company's statutory auditors and the enhancement of credit facilities for its subsidiary.
M/s ASA & Associates LLP, Chartered Accountants, was considered and recommended for re-appointment as Statutory Auditors. The recommendation suggested a second term of five consecutive years, spanning from the conclusion of the 21st Annual General Meeting (AGM) until the 26th AGM in calendar year 2031, subject to shareholder approval.
Regarding financing capabilities, the Board approved/recommended revised limits for providing loans and issuing corporate guarantees on behalf of Aceware Fintech Services Private Limited. The enhanced facility includes:
- Loan limit: Aggregating up to ₹300 million outstanding at any point in time to Aceware.
- Corporate guarantee limit: Aggregating up to ₹400 million outstanding at any point in time, offered to Banks/FIs for credit facilities provided to Aceware.
Both the enhanced limits and auditor re-appointment are subject to shareholder approval at the ensuing Annual General Meeting (AGM) of the Company.
Q1 FY26 Financial Performance Snapshot
The company's performance across both consolidated and standalone segments saw varied results for the quarter ended June 30, 2026. The Consolidated Statement reflected a total income of ₹1,082.07 million against revenue from operations of ₹1,057.46 million.
A detailed look at the Q1 FY26 consolidated financial figures (in INR millions) highlights the following:
| Metric | Revenue from Operations | Total Income | Total Expenses | Profit before Tax | Net Profit after Tax | Basic EPS |
|---|---|---|---|---|---|---|
| Consolidated (Q1 FY26) | 1,057.46 | 1,082.07 | 1,014.55 | 67.52 | 52.18 | 0.60 |
Key highlights from the standalone results include a Total income of ₹1,077.22 million for the quarter ended June 30, 2026, with a Profit after tax standing at ₹80.41 million and Basic Earnings Per Share (EPS) recorded at 0.75 INR.
The company has identified "Cash Logistics Service" as its reportable segment based on operating results review conducted by the Chief Operating Decision Maker.
RADIANTCMS Stock Price Movement
Shares of Radiant Cash Management Services Limited shed 1.57% on Wednesday, settling at ₹38.09 after trading through the day. The stock saw 48,522 shares transacted as it navigated a daily range spanning from ₹37.5 to ₹38.68.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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