RNFI Services Limited — Investor Meet, 05-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

RNFI Services reported 12% revenue growth in H1 FY25, driven by a strong non-forex business, while forex revenues declined due to strategic capital allocation. PAT reached INR 20 Cr with improved margins, and operating cash flow stood at INR 29 Cr. The agent network surpassed 2 lakh “Sahayaks,” boosting ARPU via multi-product and tech-enabled distribution. The Payworld Digital acquisition added 60,000 active agents, nearing profitability. Management targets ~50% growth in non-forex segments, supported by 12 new products. Forex business expansion is pending RBI AD2 license approval. Paysprint has turned profitable post INR 10 Cr fundraising and is set for a crucial fintech role. Focus remains on balanced growth and operational efficiency.