| P/E TTM | 10.85Industry 21.88 |
|---|---|
| Market Cap | ₹176.44 CrSmall Cap |
| Revenue TTM | ₹33.89 CrOperating |
| ROE Annual | 14.97%Financial Year 2024 |
| Order from | Unity Small Finance Bank |
Key highlights
- Appointment as a Direct Selling Agent (DSA) for Unity Small Finance Bank
- Scope includes sourcing gold loan business on a Pan India basis
- Follows a strong Q1 performance with revenue growth of 40.54% YoY
- Net profit for the June 2026 quarter rose 44.36% to ₹4.61 crore
- Company maintains a high operating profit margin of 78.66% as of Q1 FY27
National Mandate for Gold Loan Sourcing
Emerald Finance Limited has formalized its business association with Unity Small Finance Bank to act as a Direct Selling Agent. Under the terms of this agreement, Emerald Finance is tasked with identifying and sourcing customers for the bank's gold loan vertical across all Indian territories. This collaboration marks a significant expansion for Emerald into the secured retail lending distribution market.
By acting as an intermediary, the company aims to utilize its existing operational infrastructure to scale business volumes without the capital requirements associated with direct lending, aligning with its asset-light expansion strategy.
Financial Momentum and Sector Context
- The company reported a net profit of ₹4.61 crore for the quarter ended June 30, 2026
- Operating revenue for the same period stood at ₹9.44 crore, up from ₹6.72 crore a year earlier
- Emerald Finance currently trades at a P/E of 10.85, compared to the sector average of 19.07
- The company has achieved an annual revenue growth rate of 44.24% in the last fiscal year
- Management has previously issued a medium-term guidance targeting a 40% to 50% PAT CAGR
Strategic Expansion in Secured Lending
The partnership with Unity Small Finance Bank allows Emerald Finance to penetrate the high-growth gold loan segment, which has seen increased demand due to its status as a liquid, secured credit option. By securing a Pan India mandate, Emerald Finance is positioned to transition from a regional player to a national distribution entity. This move follows the company's robust profitability trends, where net profit grew by 13.69% on a sequential basis in the June 2026 quarter.
The agreement represents a key milestone in the company's objective to diversify its revenue streams through bank-led business associations.
What to watch next
- Board meeting to approve Q2 and H1 FY27 financial results on November 4, 2026
- Post-results earnings conference call scheduled for November 5, 2026, at 4:00 PM IST
- Progress on Pan India distribution rollout for the Unity SFB gold loan vertical
“We are pleased to announce this business association and look forward to expanding our operations across India through this partnership with Unity Small Finance Bank.”
| Share price | ₹52.24 |
|---|---|
| Market capitalisation | ₹176.44 Cr |
| Revenue (annual) | ₹31.17 Cr |
| Net profit (annual) | ₹14.47 Cr |
| Revenue (latest quarter) | ₹9.44 Cr-3.23% vs previous quarter |
| Net profit (latest quarter) | ₹4.61 Cr+13.69% vs previous quarter |
| P/E (TTM) | 10.85×Sector 19.07× |
| Promoter holding | 59.7%0.00% QoQ |
| FII holding | 1.78%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Emerald Finance Limited announcing its appointment as a Direct Selling Agent for Unity Small Finance Bank. Market figures from a third-party data provider.
