About the Company:

Incorporated in the year 2005, Radiant Cash Management services is an integrated cash logistics player with a leading presence in the retail cash management (“RCM”) segment of the cash management services industry in India. The firm provides services across 12,150 pin codes in India covering all districts (other than Lakshadweep) with about 42,420 touch points serving more than 4,700 locations as of July 31, 2021. The firm caters to a broad set of outsourcing requirements about cash management services for banks, financial institutions, organized retail and e-commerce companies in India. The company operates 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.

For the four months ended July 31, 2021, and Fiscals 2021, 2020, and 2019, our total annual currency movement, or the total value of the currency passing through our RCM business, amounted to Rs 368.39 billion, Rs912.22 billion, Rs1,290.77 billion, and Rs 1,131.34 billion. As per the F&S report, in the fiscal year 2020, the firm had the highest EBITDA margin, ROCE, and ROE amongst organized players in the cash management services segment.

Outstanding Litigation:

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