RADIANTCMS
Radiant Cash Management Services Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
RADIANTCMS
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹36 today
BEAR
₹42
+14%
7.9% a year · 12.8x exit
BASE
₹50
+38%
13.7% a year · 14.6x exit
BULL
₹64
+77%
18.6% a year · 18x exit
Where the market has priced it
13x12x today — outside the range19x
- multiple band rests on only 4 filed years
- at 12x its FY26 earnings the stock trades below the bottom of its own ten-year range (13x)
- this company's own median multiple sits 55% below its filed-industry peers; the scenario uses its own
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹3 (screener) |
|---|---|
| Guided growth | 13.7% a year, said on the call of 08-Jun-2026 · transcript |
| Read across as | operating: unlabelled growth figure, read as revenue — medium confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 12.76x / 14.56x / 18x, this company’s own p20 / median / p80 across 4 filed years |
| Filed-industry peers | median 32.4x across 19 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
generic growth 15%ebitda margin 20%margin 30%
Muthuraman: For FY -- see we have not put out a specific guidance, but like I think we had mentioned in the last earnings call also, our objective is to reach then 5 billion in revenue and 11% to 12% in PAT margins for FY27 and longer-term
Call 08-Jun-2026 · bridge confidence medium · transcript PDF