Emerald Finance Limited (538882) Earnings Call Transcripts

Emerald Finance Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Emerald Finance Limited reported a total income of INR 9.76 crores, up from INR 6.49 crores in Q4 FY '25, signaling a strong year-over-year growth. The net profit stood at INR 4.364 crores, with an EPS of INR 4.36, maintaining the same EPS for the full fiscal year. Management expressed optimism about future growth, particularly in the Early Wage Access (EWA) segment, and indicated a focus on expanding corporate partnerships and enhancing technology capabilities. The company also received a credit rating upgrade from CRISIL from BB+ to BBB-, which could positively impact its cost of funds going forward.

Reported metrics

Guidance from management

Management expects to cross INR 7 crores in net profit for FY '27, indicating a focus on growth while maintaining operational discipline.

What management said

Okay. So we had a gross NPA last year, which is including EWA plus our business loan and personal loan of INR 66 lakhs. We recovered INR 38 lakhs from our NPA pool and remaining as of March 31, we had written off INR 23 lakhs.

So on average, last year, only about 31 companies per quarter. So that is a bare minimum number we are looking at. I think the numbers will increase this year given our penetration of the market and now people are slowly becoming aware of this product. I think this number should be more than that only.

What analysts pressed on

Analysts expressed concerns about the declining disbursement run rate in the EWA segment and the high corporate rejection rate, which was noted to be 'almost 60% down'. There were also questions regarding the transparency of NPA reporting and the need for more detailed disclosures on revenue components.

Main topics on the call

• Revenue Growth — Emerald Finance reported a total income of INR 31.2 crores for FY '26, reflecting healthy growth over FY '25. Management stated, 'FY '26 has been a very decent year for Emerald Finance as we continue strengthening our po...
• Earnings Performance — The net profit for Q4 FY '26 was INR 4.364 crores, consistent with the EPS of INR 4.36 for the full year. Management noted, 'We continue to strengthen both our operational and financial performance.'
• NPA Management — Emerald Finance reported a gross NPA of INR 66 lakhs, with recoveries of INR 38 lakhs and write-offs of INR 23 lakhs. Management confirmed, 'We have not added any new customer to the NPA.'
• EWA Segment Growth — The EWA business is showing strong traction, with management stating, 'We strongly believe that EWA continues to be scalable and a recurring use platform with strong long-term growth potential.'

Read the full Emerald Finance Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 9 Emerald Finance Limited earnings call transcripts on record, spanning July 12, 2024 to July 27, 2026. Based on this history, Emerald Finance Limited reports quarterly. The most recent call on file is dated July 27, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

538882

Exchange

BSE

Country

IN

Sector

Financials

Industry

Consumer Finance

Calls on record

9

First call

July 12, 2024

Most recent

July 27, 2026

Reporting cadence

quarterly