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Radiant Cash Management Services Ltd (RADIANTCMS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543732 NSE: RADIANTCMS Business Support | Small Cap | Radiant Cash Mgmnt. Share Price

₹42.48 1.24 (3.01%)

As on 07-Sep'26 10:24

Radiant Cash Management Services Ltd (RADIANTCMS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543732 NSE: RADIANTCMS Business Support | Small Cap | Radiant Cash Mgmnt. Share Price

₹42.48 1.24 (3.01%)

As on 07-Sep'26 10:24

Key Metrics
Valuation Multiples
Market Cap
₹440 Cr.
Current Price
₹42.5
52-Week Low / High
₹33 / 58
TTM EPS
₹3.4
TTM Sales
₹408 Cr.
Book Value per Share
₹27.4
P/E Ratio
11.99
Lower than its 5-year historical median
Industry PE
27.6
Price to Book (P/B)
1.51
Lower than its 5-year historical median
Price to Sales (P/S)
1.08
Lower than its 5-year historical median
EV/EBITDA
6.22
Lower than its 5-year historical median
Dividend Yield
5.89%
Profitability Efficiency
Return on Equity (ROE)
13.73%
Outperforms industry median
Return on Capital Employed (ROCE)
16.23%
Outperforms industry median
Return on Assets (ROA)
8.85%
Operating Profit Margin
16.2%
Net Profit Margin
9.52%
Gross Profit Margin
14.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-0.94%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-25.73%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-16.31%
Asset Quality
Promoter Holding
56.95%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹281 Cr.
Equity
₹10.7 Cr.
Face Value
₹1
All Time Low / High
₹32.50 / 116.70

Radiant Cash Management Services stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Strong
Q.1 Is Radiant Cash Management Services Ltd a good quality company?
Radiant Cash Management Services Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Radiant Cash Management Services Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Radiant Cash Management Services Ltd vs industry peers?
Radiant Cash Management Services Ltd revenue CAGR is 12.60%, compared to the industry median CAGR of 0.02%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Radiant Cash Management Services Ltd?
Promoters hold 56.95% of the Radiant Cash Management Services Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Radiant Cash Management Services Ltd over the last decade?
Over the last 3 year(s), the stock has delivered a CAGR of -24.21% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Radiant Cash Management Services Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 28.6%41.9%52.7%50.7%44%48.7%48.5%30.3%26.7%16.2%-
Value Creation
Index
1.02.02.82.62.12.52.51.20.90.2-

Growth Parameters

Sales 176195221248222286355385405401408
Sales YoY Gr.-10.9%13.1%12.4%-10.7%29%24.1%8.4%5.3%-0.9%-
Adj EPS 0.30.62.73.83.43.85.94.34.33.63.4
YoY Gr.-87.5%343.3%44%-10.2%9.6%55.7%-27.4%0.5%-16.4%-
BVPS (₹) 6.56.411.212.714.613.821.623.825.626.627.4
Adj Net
Profit
2.85.325.136.132.438.262.645.445.638.237
Cash Flow from Ops. 64.897.21440.127.631.174.246.158.936.4-
Debt/CF from Ops. 0.40.21.30.50.40.90.40.61.54.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 9.6%12.6%4.2%-0.9%
Adj EPS 30.8%0.8%-15.2%-16.4%
BVPS17.1%12.8%7.3%4%
Share Price - - -23.5% -24.1%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
5.19.33132.126.328.633.918.817.313.712.8
Op. Profit
Mgn %
12.617.72426.627.82729.621.421.616.212.3
Net Profit
Mgn %
1.62.711.414.614.613.417.611.811.39.59
Debt to
Equity
0.50.40.20.20.10.20.10.10.30.5-
Working Cap
Days
9498104101123113968994145147
Cash Conv.
Cycle
5258687592877367636573

Valuation of Radiant Cash Mgmnt. - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales176195221248222286355385405401
Operating Expenses + 154161168182160209250302318336
Manufacturing Costs27242632344555797783
Material Costs0000000000
Employee Cost 43464545395061738086
Other Costs 84919710687114134150160167
Operating Profit 223553666277105828765
Operating Profit Margin (%) 12.6%17.7%23.9%26.5%27.8%27.0%29.6%21.4%21.6%16.2%
Other Income + 32242136710
Exceptional Items 0000000000
Interest 16241617162219202418
Depreciation 53323446810
Profit Before Tax 493650455284626247
Tax 13111413142216169
Profit After Tax 352537323863454638
PAT Margin (%) 1.8%2.7%11.3%14.7%14.6%13.4%17.7%11.8%11.3%9.5%
Adjusted EPS (₹)0.40.62.73.93.73.85.94.34.33.6
Dividend Payout Ratio (%)0%85.80%0%45.30%0%31.80%51%58.70%58.40%69.80%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 5656106120127140230254273284
Share Capital 111111011111111
Reserves 5555104118126130219243262273
Debt +262018211126272689150
Long Term Debt0002111000
Short Term Debt262018191025272689150
Minority Interest0000000000
Trade Payables2201311222
Others Liabilities 1802731513212119263133
Total Liabilities 264351139155162189277307395469

Fixed Assets

Net Fixed Assets +10858111413343229
Gross Block2022813192528556166
Accumulated Depreciation10143581115212937
CWIP 0000002100
Investments 003328000111111
Inventories0000000000
Trade Receivables36385354707970777478
Cash Equivalents flag 20528830516779172163241220
Others Assets 141818141417202037129
Total Assets 264351139155162189277307395469
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 65971440283174465936
PBT 493650455284626247
Adjustment 4462365599
Changes in Working Capital 5888-206-12-116-34-8
Tax Paid -2-4-8-18-8-16-21-18-17-12
Cash Flow From Investing Activity + 60-24626-2-749-29-38
Capex 0-2-1-5-3-6-6-20-3-3
Net Investments 30-2410283-6937-24-37
Others 2201111-8-22
Cash Flow From Financing Activity + 15-1420-22-37-1226-263327
Net Proceeds from Shares 00250-25050000
Net Proceeds from Borrowing 00-0-0-0-0-0-100
Interest Paid -2-3-2-2-2-2-1-1-2-5
Dividend Paid 0-50-230-25-23-21-27-27
Others 17-6-34-10150-26259
Net Cash Flow 86841024161627296325
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)5.899.3730.9632.4526.3328.6533.9318.7917.3513.73
ROCE (%)28.5741.8552.6950.7444.0248.6748.4530.3426.7116.23
Asset Turnover Ratio0.80.630.91.691.41.631.521.311.150.93
PAT to CFO Conversion(x)21.6719.40.561.080.880.821.171.021.280.95
Working Capital Days
Receivable Days69.8068.7074.9078.40101.9094.8076.5069.906869.20
Inventory Days0000000000
Payable Days0000000000

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Radiant Cash Management Services Ltd FAQs

The current trading price of Radiant Cash Mgmnt. on 07-Sep-2026 10:24 is ₹42.48.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Sep-2026 the market cap of Radiant Cash Mgmnt. stood at ₹440.1 Cr

The latest P/E ratio of Radiant Cash Mgmnt. as of 06-Sep-2026 is 11.99.

The latest P/B ratio of Radiant Cash Mgmnt. as of 06-Sep-2026 is 1.51.

The 52-week high of Radiant Cash Mgmnt. is ₹57.98 and the 52-week low is ₹32.50.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Radiant Cash Mgmnt. is ₹408 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Radiant Cash Management Services Ltd is a good quality company.

The key valuation ratios of Radiant Cash Management Services Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Radiant Cash Management Services Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Radiant Cash Management Services Ltd

Radiant Cash Management Services Limited was incorporated in Chennai, Tamil Nadu under the name ‘Radiant Cash Management Services Private Limited’ on March 23, 2005 as a private limited company, under the Companies Act, 1956 and was granted a certificate of incorporation by the Registrar of Companies, Tamil Nadu at Chennai, Tamil Nadu (RoC). Thereafter, the Company was converted into a public limited company, pursuant to a special resolution passed in the extraordinary general meeting of Shareholders held on August 21, 2021, and the name of the Company was changed to ‘Radiant Cash Management Services Limited’, and a fresh certificate of incorporation dated August 25, 2021 was issued to the Company by the RoC.

Radiant Cash Management Services is an integrated cash logistics player with leading presence in retail cash management (RCM) segment of the cash management services industry in India. The company’s marquee clients include some of the largest foreign, private and public sector banks, and the end user of its services include some of the largest e-commerce companies, retail chains, NBFCs, insurance firms, ecommerce logistics players, railways and retail petroleum distribution outlets. The company caters to broad set of outsourcing requirements pertaining to cash management services for banks, financial institutions, organized retail and e-commerce companies in India. It operates its business across five verticals, namely 1) cash pick-up and delivery; 2) network currency management (also known as cash burial in industry parlance); 3) cash processing; 4) cash vans /cash in transit; and 5) other value added services.

The company’s integrated offerings are supported by customised technology and process controls, which enables it to offer its clients a wide range of solutions, while generating cross-selling opportunities and driving synergies and efficiencies across its business. It also seeks to continuously improve and bring the latest technologies to meet its client demands and to improve customer experience. Further, the company has also created the RADMUS mobile application which is an enterprise mobile application for secure end-to-end reconciliation between the customer, end user and the company.

Business area of the company

The company is the market leader in retail cash management services for banks, financial institutions, and organized retail and e-commerce companies in India. The company offers a range of services under this segment consisting of collection and delivery of cash on behalf of clients from the end user.

Key Awards, accreditations and recognitions

  • 2014: Received the ‘Best Cash Management Services’ award at the 3rd State Conference CAPSI & APDI Tamil Nadu and Pondicherry chapter.
  • 2015: Awarded the gold medal for “Enhancing the image of India in abroad” by the Institute of Economic Studies, India at the “Global Economic Scenario” seminar held in Bangkok, Thailand.
  • 2018: The Company received an award at ‘Asia’s Greatest Brands 2018’ award in the Category ‘Cash Logistics Services’ by ‘Asia One’ magazine.

Major events and milestones

  • 2005: First Contract with Deutsche Bank and started operations in Tamil Nadu and Kerala.
  • 2011: Yes Bank added to the client list of the Company.
  • 2012: State Bank of India added to the client list of the Company.
  • 2018: Axis Bank added to the client list of the Company.
  • 2019: Hiveloop Logistics added as a direct client of the Company.
  • 2021: Bajaj Finance added as a direct client of the Company.
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