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Emerald Finance Ltd has launched its employee-centric mobile app 'EMERALD EWA' on the Google Play Store. The app is exclusively for employees of companies registered with Emerald and enables them to access up to 40% of their earned salary anytime during the pay cycle, with repayment automatically deducted on payday. The company earns a 1.5% to 2% processing fee per transaction, yielding an internal rate of return of around 24% annually, with zero delinquencies and no NPAs since inception. The app is powered by an API-driven platform that integrates with employer payroll and time-tracking systems. For FY25 (consolidated), the company reported Total Income of ₹21.63 crore, EBITDA of ₹15.07 crore, and Net Profit of ₹8.89 crore.
This app launch supports Emerald Finance's recurring revenue model and could drive higher transaction volumes from existing corporate clients. Plans to roll out additional salary-linked products (personal loans, gift vouchers, invoice discounting) suggest future growth avenues, which could positively influence investor sentiment toward the stock.