Radiant Cash Management Services Limited
31.88
INR
-0.60
(-1.85%)
ISIN
INE855R01021
Return %
Stock
S&P 500
1Y
-41.92
14.20
3Y
-67.91
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- David Devasahayam
- Full Time Employees
- 2,641
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Radiant Building Chennai TN India 600096
- IPO Date
- Jan 4, 2023
- Website
- radiantcashservices.com
- Similar Companies
- Business
- Radiant Cash Management Services Limited Radiant Cash Management Services Limited (RADIANTCMS.NS) operates as an integrated cash logistics company focused on retail cash management services in India. Founded in 2005 and headquartered in Chennai, Tamil Nadu, the company provides core services including cash pick-up and delivery; network currency management involving collection from end users, deposit into current accounts, and transfer to client accounts; cash processing such as sorting notes into categories like soiled, mutilated, fit, issuable, counterfeit, and ATM-ready bundles; cash vans and cash-in-transit using armored vehicles for cash or bullion movement; and other value-added services like vaulting, ATM replenishment, and cash protection. It serves banks, financial institutions, organized retail, e-commerce companies, NBFCs, insurance firms, railways, and retail petroleum outlets across more than 18,000 pin codes covering Tier 2 and Tier 3+ locations nationwide, with over 60,000 business touchpoints and a workforce of approximately 2,546 employees. Recent developments include the 2023 acquisition of a majority stake in Kochi-based fintech Aceware Fintech Services Private Limited (Acemoney) for Rs 11.2 crore to expand into digital banking solutions for retail outlets, cooperative banks, and rural societies; the launch of Radiant Valuable Logistics division in 2023 for high-value commodity transport like gold and diamonds; an increased inter-corporate loan to Aceware from Rs 5 crore to Rs 15 crore via addendum in September 2025; issuance of a Rs 100 million corporate guarantee in September 2025 for subsidiary credit facilities with IDFC First Bank; and listing on NSE and BSE following its IPO in January 2023.