Radiant Cash Management Services earnings calls.

Radiant Cash Management's Q1 FY27 performance was subdued with consolidated revenue of Rs 108 crore (up 5.8Current 5.8 crore vs previous available quarter 6.9 crore.% YoY) but EBITDA margins compressed sharply to 13.5% from 15.9% YoY, a 240bps decline driven by surging manpower costs—particularly gunman expenses from minimum wage hikes in northern states and licensed gunman shortages in southern regions. PAT declined 8.8% to Rs 5.2Current reported value: 5.2. No comparable prior figure is available in the source record. crore. The company is seeking price revisions through the Indian Banks' Association with negotiations expected to conclude in Q2. Key positives include cash loss at historic lows (Rs 0.206 croreCurrent Rs 0.206 crore. Reported change: Best quarterly performance.), direct client revenue mix improving to 18.4%Current 18.4%. Reported change: +410bps YoY. from 14.3%, and Radiant Valuable Logistics showing sequential growth to Rs 2.21 crore. Fintech subsidiary ACE Money posted Rs 170 croreCurrent Rs 170 crore. Reported change: New metric Q1. transaction volume with 58,000 soundboxes deployed. Management targets double-digit revenue growth and 17-18% standalone EBITDA margins for FY27, with consolidated margins of 19-20% in FY28. The core riskCurrent reported value: The core risk. No comparable prior figure is available in the source record. remains that without timely price revisions, margin recovery appears challenging given stagnant core business growth excluding the IDBI mandate addition.