Radiant Cash Management Services Limited (RADIANTCMS) - Net Assets
Based on the latest financial reports, Radiant Cash Management Services Limited (RADIANTCMS) has net assets worth Rs2.61 Billion INR (≈ $28.20 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs4.45 Billion ≈ $48.14 Million USD) and total liabilities (Rs1.84 Billion ≈ $19.93 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Radiant Cash Management Services Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs2.61 Billion |
| % of Total Assets | 58.59% |
| Annual Growth Rate | 25.32% |
| 5-Year Change | 115.74% |
| 10-Year Change | N/A |
| Growth Volatility | 30.63 |
Radiant Cash Management Services Limited - Net Assets Trend (2018–2025)
This chart illustrates how Radiant Cash Management Services Limited's net assets have evolved over time, based on quarterly financial data. Also explore Radiant Cash Management Services Limited balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Radiant Cash Management Services Limited (2018–2025)
The table below shows the annual net assets of Radiant Cash Management Services Limited from 2018 to 2025. For live valuation and market cap data, see market value of Radiant Cash Management Services Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs2.74 Billion ≈ $29.65 Million |
+8.10% |
| 2024-03-31 | Rs2.54 Billion ≈ $27.43 Million |
+10.31% |
| 2023-03-31 | Rs2.30 Billion ≈ $24.87 Million |
+64.52% |
| 2022-03-31 | Rs1.40 Billion ≈ $15.11 Million |
+9.96% |
| 2021-03-31 | Rs1.27 Billion ≈ $13.75 Million |
+6.29% |
| 2020-03-31 | Rs1.20 Billion ≈ $12.93 Million |
+13.10% |
| 2019-03-31 | Rs1.06 Billion ≈ $11.43 Million |
+87.25% |
| 2018-03-31 | Rs564.59 Million ≈ $6.11 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Radiant Cash Management Services Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 785.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.83 Billion | 67.18% |
| Common Stock | Rs106.71 Million | 3.91% |
| Other Comprehensive Income | Rs40.72 Million | 1.49% |
| Other Components | Rs748.35 Million | 27.41% |
| Total Equity | Rs2.73 Billion | 100.00% |
Radiant Cash Management Services Limited Competitors by Market Cap
The table below lists competitors of Radiant Cash Management Services Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atlantic American Corporation
NASDAQ:AAME
|
$48.34 Million |
|
Legacy Iron Ore Ltd
AU:LCY
|
$48.35 Million |
|
Grupo Ezentis S.A
MC:EZE
|
$48.37 Million |
|
Hvidbjerg Bank
CO:HVID
|
$48.37 Million |
|
Zaigle Co. Ltd
KQ:234920
|
$48.31 Million |
|
Jorjin Technologies
TWO:4980
|
$48.28 Million |
|
Intergis
KO:129260
|
$48.28 Million |
|
Direct Line Insurance Group plc
LSE:DLG
|
$48.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Radiant Cash Management Services Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,529,970,000 to 2,729,770,000, a change of 199,800,000 (7.9%).
- Net income of 464,980,000 contributed positively to equity growth.
- Dividend payments of 266,770,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,590,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs464.98 Million | +17.03% |
| Dividends Paid | Rs266.77 Million | -9.77% |
| Other Comprehensive Income | Rs1.59 Million | +0.06% |
| Total Change | Rs- | 7.90% |
Book Value vs Market Value Analysis
This analysis compares Radiant Cash Management Services Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.62x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.54x to 1.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | Rs5.55 | Rs41.87 | x |
| 2019-03-31 | Rs10.44 | Rs41.87 | x |
| 2020-03-31 | Rs11.81 | Rs41.87 | x |
| 2021-03-31 | Rs12.55 | Rs41.87 | x |
| 2022-03-31 | Rs13.80 | Rs41.87 | x |
| 2023-03-31 | Rs22.41 | Rs41.87 | x |
| 2024-03-31 | Rs23.71 | Rs41.87 | x |
| 2025-03-31 | Rs25.89 | Rs41.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Radiant Cash Management Services Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.03%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.89%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.56x
- Recent ROE (17.03%) is below the historical average (22.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 9.35% | 2.69% | 0.56x | 6.26x | Rs-3.64 Million |
| 2019 | 23.66% | 11.32% | 1.56x | 1.34x | Rs144.45 Million |
| 2020 | 30.53% | 14.70% | 1.58x | 1.32x | Rs245.46 Million |
| 2021 | 25.52% | 14.63% | 1.37x | 1.28x | Rs197.23 Million |
| 2022 | 27.34% | 13.36% | 1.50x | 1.36x | Rs242.33 Million |
| 2023 | 27.28% | 17.67% | 1.27x | 1.21x | Rs397.34 Million |
| 2024 | 17.69% | 11.58% | 1.23x | 1.24x | Rs194.51 Million |
| 2025 | 17.03% | 10.89% | 1.01x | 1.56x | Rs192.00 Million |
Industry Comparison
This section compares Radiant Cash Management Services Limited's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $5,425,501,500
- Average return on equity (ROE) among peers: 17.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Radiant Cash Management Services Limited (RADIANTCMS) | Rs2.61 Billion | 9.35% | 0.71x | $48.32 Million |
| Alldigi Tech Limited (ALLDIGI) | $2.65 Billion | 13.25% | 0.20x | $137.26 Million |
| Apollo Sindoori Hotels Limited (APOLSINHOT) | $1.35 Billion | 8.19% | 1.34x | $32.60 Million |
| BLS International Services Limited (BLS) | $4.60 Billion | 10.90% | 0.08x | $1.24 Billion |
| BLS E-Services Limited (BLSE) | $150.67 Million | 35.70% | 2.71x | $193.70 Million |
| CMS Info Systems Limited (CMSINFO) | $7.46 Billion | 12.89% | 0.46x | $516.45 Million |
| DJ Mediaprint & Logistics Limited (DJML) | $690.86 Million | 9.73% | 0.65x | $34.33 Million |
| GKW Limited (GKWLIMITED) | $25.70 Billion | -0.72% | 0.24x | $106.54 Million |
| Hinduja Global Solutions Limited (HGS) | $9.99 Billion | 10.74% | 0.36x | $205.87 Million |
| Kapston Services Limited (KAPSTON) | $26.94 Million | 53.93% | 3.19x | $113.07 Million |
| Krystal Integrated Services Ltd (KRYSTAL) | $1.64 Billion | 16.04% | 1.47x | $91.60 Million |
About Radiant Cash Management Services Limited
Radiant Cash Management Services Limited engages in the provision of cash logistics and other related services in India. The company offers cash pick-up and delivery, network currency management, cash processing, and cash vans/cash-in-transit services, as well as other value-added services. It also provides Radiant Insta Credit App, a platform that offers instant credit services. The company serv… Read more