Financial Performance Highlights
Q2 FY27 Key Metrics (₹ in Lakhs)
- Gross Total Income: ₹1,007 lakh (₹10.07 Cr), up 6.7% QoQ and 45.8% YoY
- PAT: ₹531 lakh (₹5.31 Cr), up 8.8% QoQ and 47.3% YoY
- Interest Income: ₹494 lakh, up 19.3% QoQ and 38.3% YoY
- EWA Proc Fee Income: ₹119 lakh, up 16.7% QoQ and 120.4% YoY
- Distribution Income: ₹394 lakh, down 7.7% QoQ but up 41.7% YoY
Eight Quarter Growth Trend (Q3 FY25 to Q2 FY27)
- Revenue Growth: 1.76x increase from ₹5.72 Cr to ₹10.07 Cr
- PAT Growth: 2.14x increase from ₹2.48 Cr to ₹5.31 Cr
- PAT has grown in every one of the last eight quarters
Business Segments & Operational Metrics
Loan Portfolio
- MSME Loan Book: ₹131 Cr+
- Funding: Diversified lender base with 50+ lending partners
- Credit Rating: Investment-grade BBB- rating
Business Lines
1. MSME Loans: Core lending business fueling MSME growth across India
2. Distribution Business: Platform connecting 50+ lenders with customers
3. Early Wage Access (EWA): Salary access product showing strong growth
4. Emerald Ekam: New platform launching with integrated financial services
Strategic Developments
Emerald Ekam Launch
- New platform providing "everyday finance in one place"
- Integrates salary access, loans, insurance, and investments
Partnership Ecosystem
- Network of 50+ lenders and financial institutions
- Partnership-led growth model strengthening reach and product access
- Distribution at scale through trusted partnerships
Management Commentary
Mr. Sanjay Aggarwal, Managing Director & Promoter, stated:
- "Q2 FY27 was a quarter of strong, profitable growth"
- Half-year PAT surpassed ₹10 Cr
- Disciplined underwriting supporting loan book growth
- EWA scaling across corporates
- Commitment to building "ethical, transparent and customer-first" business
Corporate Structure & Leadership
Board of Directors
1. Mr. Sanjay Aggarwal - Promoter & Managing Director
- Education: B.Com, DAV College Chandigarh; Associate Member, ICAI
- Experience: 30+ years in project finance, loan syndication and capital restructuring
- Career: Direct Selling Agent for ICICI, Kotak Mahindra and HDFC Bank
2. Mrs. Anubha Aggarwal - Promoter & Director
- Education: Bachelor of Arts and Diploma
- Experience: 17+ years in finance sector
- Career: Proprietor, Reliance Capital & Financial Services and Eclat Management Services
3. Mr. Manjeet Kaushik - Director
- Education: B.Com, Delhi University; Chartered Accountant (ICAI)
- Experience: 9+ years in finance, accounting and business development
- Career: Managing Partner, MSK & Associates; practising CA since 2012
4. Mr. Akshay Agarwal - Director
- Education: Chartered Accountant
- Experience: 13+ years in audit, GST and indirect taxation
- Career: Founder, A Akshay & Associates; Director, Satyam Plastic Granules since 2015
Management Team
1. Mrs. Sheetal Kapoor - Chief Financial Officer (CFO)
- MBA (Finance) and CMA with 15+ years experience
- Overseen financial operations since 2011
2. Mrs. Gurmeet Kaur - Chief Risk Officer (CRO)
- 30+ years in consumer finance risk management
- Previous roles at Bajaj Finance, Fullerton India and Citi Financial
3. Mr. Talin Aggarwal - Head of Partnerships
- MBA (ISB) with 5+ years in product and strategy
- Leads technology partnerships and strategic initiatives
4. Mrs. Amarjeet Kaur - Company Secretary
- 23+ years experience; Commerce graduate, Panjab University
- Manages compliance, governance and regulatory matters
5. Ms. Amanpreet Sodhi - Business Head
- 20+ years in banking with ICICI Bank and IDBI Bank
- Expertise in corporate and retail sales and channel management
Corporate Social Responsibility
- CSR efforts focused on health, education and underserved communities
- Commitment to creating lasting social impact through purpose-led initiatives
Forward-Looking Statements
- Presentation includes forward-looking statements subject to risks and uncertainties
- Company makes no representation or warranty about accuracy or completeness
- Not an offer or recommendation to purchase securities