Radiant Cash Management Services Limited · NSE:RADIANTCMS
Radiant Cash Management Services — Q3 FY2023 Earnings Presentation
24 slides from Radiant Cash Management Services's earnings presentation, Jan 28, 2023
Slide 1: Radiant Cash Management Services - Intimation of Earnings Call Presentation
RADIANT Cash Management Services Limited 6See (Formerly known as Radiant Cash Management Service Pvt. Ltd.) Intertek (An ISO 9001-2015 Company) CIN : U74999TN2005PLC055748 GST No. : 33AACCR9619R1ZO PAN No. : AACCR9619R RADIANTCMS/EarningsCall/SE/2022-23 Date: 28.01.2023 To To Listing Department, Dep
Slide 2: Investor Presentation Q3FY23 Results
Radiant Cash Management Services Limited Investor Presentation Q3FY23 Results
Slide 3: Disclaimer
Disclaimer This Release / Communication, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and similar expressions
Slide 4: Business Highlights
Business Highlights
Slide 5: Key Strengths of the Company
Key Strengths of the Company Leading integrated cash logistics player in a consolidating industry © © Pan India presence with strong network in Tier 2 and Tier 3+ locations © Diversified client base with long standing relationship © Robust Operational Risk Management © Significantly built up technol
Slide 6: Diversified Revenues across business verticals and end-user industries
Diversified Revenues across business verticals and end-user industries “2 =f £2 4 & we pe Gi SS wee éLsl WZ BFS| Organized Retail E-Commerce E-Com Logistics Railways Petroleum Others 29.7% 14.7% 14.4% 9.1% 4.1% 2.4% 25.6% | Hire through Banks / Avail Services Radiant Cash Management Services | Provi
Slide 7: Business Model
D1 Gen, Business Model a D> ss & Py Revenue Stream Typical Service description Revenue model Growth drivers Cash Pickup & Delivery Pick up cash from end-user outlet on daily Fixed amount per point per Growth in number of points, (68.8% of revenues, 9MFY23) basis or on request and deposit the cash in
Slide 8: Retail Cash Management - Highly Underpenetrated Sector with growth tailwinds
Retail Cash Management - Highly Underpenetrated Sector with growth tailwinds Driven by the growth in organized retail and the corresponding outsourcing potential, the Retail Cash Management segment is expected to grow at 20.3% CAGR during FY 2021-27 Growth of Retail Touch Points for Cash Management
Slide 9: Cash in Circulation growing globally alongside digital growth
Cash in Circulation growing globally alongside digital growth Cash in Circulation (CIC) has grown at 18%+ CAGR between CIC as % of GDP has grown in the last decade even in FY17 to FY22 alongside digital growth in this period developed nations Cash in Circulation (2% Trillion) CIC to GDP Comparison (
Slide 10: Pan India footprint with strong network in Tier 2 and Tier 3+ locations
Pan India footprint with strong network in Tier 2 and Tier 3+ locations As Dec 31, 2022, Radiant is present at more than 59,750 touch points, across all states Radiant has a Pan-India Presence with a focus on Non-Metro cities ... and union territories in India (except Lakshadweep) 7 >) (— Pan-India
Slide 11: Diversified client base with long standing relationship
Diversified client base with long standing relationship . . . . . Revenue Contribution Macias | Some of the largest foreign, private and public sector banks in India as GEE clients owing to our pan India presence especially in Non-Metro cities MTop Client lm Top 3 clients 45.10% 9, * 39.80% 43.10% 3
Slide 12: Robust Operational Risk Management
Robust Operational Risk Management Lowest cash losses in the industry Strong risk management team Highest share of armed forces in staff = Company handles, transports and manages large = Risk management team of 134 employees, which include Hiring subject to rigorous background _ verification quantit
Slide 13: Significantly built up technology to optimise operations
Significantly built up technology to optimise operations ... 01 | Technology acting as a key differentiator 02 | API integration with few clients = Allows efficient handling of operations in a high-fidelity business = Created API integration with a few of clients’ ERP software, with a view . . . . .
Slide 14: Board of Directors
Board of Directors Col. David Devasahayam Dr. Renuka David Mr. A.P. Vasanthakumar Chairman and Managing Director Whole Time Director Nominee Director Founder with a B.Sc. from JNU, M.Sc from University of Madras, Founder Director with an MBBS from Bharathiar University, a Nominee Director of Ascent
Slide 15: Management Team
Management Team Col. K.M. Rai GM (Ops & Admin) Alexander David Col. Benz K. Jacob GM (Ops) -—| Chief Operating Officer Senior Manager HR 18 Regional Heads We. Cdr. Shashank AGM = Naidu Audit & Compliance Dir (Audit) Board of Directors Dr. Renuka David WTD Deputy General Manager Swamidoss | Col. Davi
Slide 16: Financial Performance
Financial Performance
Slide 17: Q3FY23 Results — Key Highlights
Q3FY23 Results — Key Highlights Revenues for the 3-month ended 31, Dec 2022 was Rs. 932.7 million, registering a growth of 19.4% over the same period the previous year Revenues for the 9-month ended 31, Dec 2022 was Rs. 2661.1 million, registering a growth of 27.6% over the same period the previous
Slide 18: Healthy growth in Revenue and Profitability
Healthy growth in Revenue and Profitability LAST 3 YEARS 9 MONTHS 3 MONTHS Revenue (2mn) Revenue (mn) Mmm Revenue (2 mn) Linear (Revenue (2 mn)) 27.6%T 19.4% 2,860.35 2,482.78 oe Y an WA 2,216.72 AU RY FY20 FY21 FY22 QMFY22 9MFY23 Q3FY22 Q3FY23 M EBITDA (& mn) Mm EBITDA (2 mn) EBITDA Margin(%) Mmm E
Slide 19: Healthy return ratios and Cash Flows
Healthy return ratios and Cash Flows Healthy ROCE of 33.3% (annualized) for the 9-month ended Dec 31, 2022 as against 33.07% for the previous year Robust ROE of 27.4% (annualized) for the 9-month ended Dec 31, 2022 as against 27.3% for the previous year Net Cash Generated from operations was robust
Slide 20: Thank You
Radiant Cash Management Services Limited Radiant Building, 4/3 Raju Nagar, First Street, Okkiyam Thoraipakkam, Old Mahabalipuram Road, Chennai 600 096, Tamil Nadu, India Ms. Jaya Bharathi Karumuri, Company Secretary and Compliance Officer; Registered Office: 28, Vijayaraghava Road, T. Nagar, Chennai
Slide 21: Key Performance Indicators
Key Performance Indicators Company FY20 FY21 FY22 As of Dec 31, 2022 Clients 57 56 65 78 End customers 3,014 2,469 2,675 3,231** Pin codes 11,052 12,043 12,934 13,317 Locations 4,294 5,414 6,147 5,497 States 28 28 28 28 Union Territories 8 8 8 8 Total touch points 47,270 42,420 49,980 59,758** - Cas
Slide 22: Restated Statement of Assets and Liabilities
Restated Statement of Assets and Liabilities EQUITY AND LIABILITIES ASSETS Equity (a) Equity Share Capital 101.25 101.25 10.25 11.10 Non-Current Assets (b) Share Application Money 540.00 (a) Property, Plant and Equipment 132.97 131.59 94.49 67.30 (c) Other Equity 1,651.72 1,296.37 1,260.72 1,184.61
Slide 23: Restated Statement of Income and Expenses
Restated Statement of Income and Expenses | Revenue from operations 2,652.17 2,860.35 2,216.72 2,482.78 Il Other income 8.93 9.39 24.86 35.02 I Total Income (I+I1) 2,661.10 2,869.74 2,241.58 2,517.80 IV Expenses Employee benefits expenses 448.52 497.27 389.78 445.29 Finance costs 6.26 36.71 19.79 31
Slide 24: Restated Statement of Cash Flows
Restated Statement of Cash Flows Particulars SMFY23 FY22 Fy21 FY20 Particulars SMFY23 FY22 Fy21 FY20 Cash Flows from Operating Activities Cash Flows from Investing Activities Profit Before Tax 520.58 450.44 502.56 Purchase of Property, Plant & Equipment, Intangibles 636.62 (30.48) (61.05) (30.56) (5
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