Expansion of Earned Wage Access Platform: During Q4 FY26, the Company has partnered with 30 (Thirty) corporates/firms to offer its Early Wage Access program to their employees. These partnerships span multiple sectors and geographies, underscoring the growing acceptance of EWA as a practical and responsible financial solution for India’s salaried workforce.
Through these partnerships, eligible employees can access a portion of their earned salary during the month, helping them meet short-term financial needs without waiting for the regular payday. The solution operates through a structured salary advance model, where the amount availed is recovered seamlessly through payroll deductions, ensuring convenience, transparency, and disciplined credit management.Gold Loan Syndication Surpasses Rs375 Cr:
Emerald Finance Limited, along with its material subsidiary, Eclat Net Advisors Private Limited, under its syndication business, has disbursed gold loans aggregating to over Rs375.00 Cr (Rupees Three Hundred Seventy-Five Crores) during Q4 FY26. These disbursements were primarily undertaken in association with ICICI Bank Limited, HDFC Bank Limited, RBL Bank Limited, and Muthoot Finance Limited.The strong disbursement numbers reflect the Company’s growing capabilities in loan origination and its well-established relationships with leading financial institutions. These activities are carried out in the ordinary course of business and form a key part of Emerald’s diversified revenue strategy.
Commenting on the developments Mr. Sanjay Aggarwal, Managing Director of Emerald Finance Limited said, “We are delighted to close Q4 FY26 on a strong note, marked by two significant business developments.The addition of 30 employer partners for our Early Wage Access program during the quarter is a testament to the growing demand for innovative, employee-centric financial solutions. Our EWA platform is designed to empower salaried employees by giving them timely access to their earned income, thereby reducing financial stress and improving overall well-being. Simultaneously, crossing Rs375 Cr in gold loan syndication in a single quarter, in partnership with marquee banking institutions like ICICI Bank, HDFC Bank, RBL Bank, and Muthoot Finance, demonstrates the scale and trust we have built in our origination business.
Both these businesses are integral to our strategy of building a scalable, diversified, and technology-enabled financial services platform. We remain committed to delivering value to our stakeholders while expanding access to financial products for underserved segments.”
Emerald Finance Limited previously known as Emerald Leasing Finance and Investment Company Limited, is a Chandigarh-based non-deposit taking NBFC. It focuses on retail and MSME lending and acts as a loan origination platform for over 40 financial institutions through its subsidiary, Eclat Net Advisors Private Limited. After receiving its NBFC license in 2015, Emerald has broadened its offerings to include personal loans, business loans and Early Wage Access.For Consolidated FY25, the company has reported Total Income of Rs 21.63 Cr, EBITDA of Rs 15.07 Cr and Net Profit of Rs 8.89 Cr on consolidated basis.