Radiant Cash Management Services Limited (RADIANTCMS) - Net Assets
Based on the latest financial reports, Radiant Cash Management Services Limited (RADIANTCMS) has net assets worth Rs2.75 Billion INR (≈ $29.74 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs5.08 Billion ≈ $54.96 Million USD) and total liabilities (Rs2.33 Billion ≈ $25.23 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. See debt-free asset ratio of Radiant Cash Management Services Limited to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs2.75 Billion |
| % of Total Assets | 54.11% |
| Annual Growth Rate | 21.88% |
| 5-Year Change | 96.76% |
| 10-Year Change | N/A |
| Growth Volatility | 30.14 |
Radiant Cash Management Services Limited - Net Assets Trend (2018–2026)
This chart illustrates how Radiant Cash Management Services Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Radiant Cash Management Services Limited worth.
Annual Net Assets for Radiant Cash Management Services Limited (2018–2026)
The table below shows the annual net assets of Radiant Cash Management Services Limited from 2018 to 2026. Also explore RADIANTCMS net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs2.75 Billion ≈ $29.74 Million |
+0.29% |
| 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 |
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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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs106.71 Million | 3.84% |
| Other Components | Rs2.67 Billion | 96.16% |
| Total Equity | Rs2.78 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 |
|---|---|
|
Triller Group Inc. Common Stock
NYSE:ILLR
|
$40.89 Million |
|
JP Morgan Global Growth & Income PLC
LSE:JGGI
|
$40.89 Million |
|
Tela Bio Inc
NASDAQ:TELA
|
$40.91 Million |
|
Baylin Technologies Inc
TO:BYL
|
$40.92 Million |
|
Petershill Partners PLC
LSE:PHLL
|
$40.87 Million |
|
Cheil Grinding
KO:001560
|
$40.86 Million |
|
Brunswick Exploration Inc
V:BRW
|
$40.86 Million |
|
Base Carbon Inc.
NEO:BCBN
|
$40.85 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 2025 to 2026, total equity changed from 2,729,770,000 to 2,780,620,000, a change of 50,850,000 (1.9%).
- Net income of 322,570,000 contributed positively to equity growth.
- Dividend payments of 266,769,999 reduced retained earnings.
- Other comprehensive income decreased equity by 40,720,000.
- Other factors increased equity by 35,769,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs322.57 Million | +11.6% |
| Dividends Paid | Rs266.77 Million | -9.59% |
| Other Comprehensive Income | Rs-40.72 Million | -1.46% |
| Other Changes | Rs35.77 Million | +1.29% |
| Total Change | Rs- | 1.86% |
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: 1.36x
- 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 6.38x to 1.36x 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 | Rs35.42 | x |
| 2019-03-31 | Rs10.44 | Rs35.42 | x |
| 2020-03-31 | Rs11.81 | Rs35.42 | x |
| 2021-03-31 | Rs12.55 | Rs35.42 | x |
| 2022-03-31 | Rs13.80 | Rs35.42 | x |
| 2023-03-31 | Rs22.41 | Rs35.42 | x |
| 2024-03-31 | Rs23.71 | Rs35.42 | x |
| 2025-03-31 | Rs25.89 | Rs35.42 | x |
| 2026-03-31 | Rs26.03 | Rs35.42 | 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): 11.60%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.51%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.83x
- Recent ROE (11.60%) is below the historical average (21.11%), 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 |
| 2026 | 11.60% | 7.51% | 0.85x | 1.83x | Rs44.51 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: $3,609,845,836
- Average return on equity (ROE) among peers: 17.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Radiant Cash Management Services Limited (RADIANTCMS) | Rs2.75 Billion | 9.35% | 0.85x | $40.87 Million |
| Alldigi Tech Limited (ALLDIGI) | $2.09 Billion | 17.02% | 0.40x | $127.93 Million |
| Apollo Sindoori Hotels Limited (APOLSINHOT) | $476.74 Million | 31.91% | 0.62x | $34.17 Million |
| BLS International Services Limited (BLS) | $835.83 Million | 28.23% | 0.24x | $1.01 Billion |
| BLS E-Services Limited (BLSE) | $4.38 Billion | 7.17% | 0.16x | $310.29 Million |
| CMS Info Systems Limited (CMSINFO) | $4.50 Billion | 22.53% | 0.71x | $411.17 Million |
| DJ Mediaprint & Logistics Limited (DJML) | $41.91 Million | 26.04% | 2.82x | $27.69 Million |
| GKW Limited (GKWLIMITED) | $1.05 Billion | 3.51% | 0.15x | $102.41 Million |
| Hinduja Global Solutions Limited (HGS) | $20.85 Billion | 16.12% | 1.08x | $190.88 Million |
| Kapston Services Limited (KAPSTON) | $509.01 Million | 12.61% | 1.43x | $192.30 Million |
| Krystal Integrated Services Ltd (KRYSTAL) | $1.36 Billion | 12.36% | 1.49x | $97.66 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