Radiant Cash Management Services Limited — PPTs, 13-11-2024: Investor Presentation

**Financial Highlights:** Radiant Cash Management Services reported total income of ₹1,040 million for Q2 FY25, marking a 49% year-on-year increase. EBITDA reached ₹192 million, reflecting a margin of 18.5%, up from 16% a year ago. PAT increased by 21% year-on-year to ₹123 million, with a PAT margin of 11.8%.

**Strategic Initiatives and Growth Drivers:** The company continues to expand its network, now covering 14,888 pin codes with 74,230 retail touch points. Recent initiatives have resulted in increased revenues, bolstering their presence particularly in Tier 2 and Tier 3 towns.

**Business Developments:** Radiant added 13 new clients and 48 new end customers in the quarter, enhancing its clientele and revenue streams.

**Market Position and Competitive Advantage:** The firm maintains a substantial foothold in non-metro cities, benefiting from the increasing need for cash logistics services amid a recovering economy. The management attributes their low cash losses to enhanced operational risk management and technological integration.

**Investor Implications:** The results and strategic growth initiatives provide a positive outlook for Radiant’s future, suggesting potential growth as the economy stabilizes and demand for cash logistics rises. Investors should watch closely for further developments in service expansion and operational efficiencies.