Hi, I have not find any dedicated thread on cash management business here.
Radiant cash management & CMS info system are recently listed players in this business.
This business is good considering High Margin & having operating leverage with network effects.
Currently they are not in radar for investors due to dilemma related to growth & popularity in digital payment modes.
This business is mainly depending on “currency in circulation” which is growing and will grow with GDP growth in India.
Space is quite consolidated with few big players like CMS & radiant.
Any views are welcomed from experienced investors like @Donald & team.
I am attaching F&S report related to this industry.
Industry-Report_Feb-2022.pdf (1.8 MB)
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