Cashfree Payments, a prominent Indian fintech company, reported reaching Rs 1,000 crore in revenue for fiscal year 2026 and attaining EBITDA profitability in March 2026. The company targets operational profit for the full FY27 amid strong growth in cross-border payment transactions and expanding merchant base.
- Revenue hits Rs 1,000 crore in FY26 with 78% quarterly GTV growth
- Achieved EBITDA profitability in March 2026, aiming for full FY27 operational profit
- Cross-border payments scaled 8x in GTV, forecasted to form 25% of future revenues
What happened
Cashfree Payments announced it reached approximately Rs 1,000 crore in revenue for the fiscal year 2026. The company also reported achieving EBITDA profitability in March 2026 and expects to maintain this profitability across the entire FY27.
Gross transaction value on Cashfree’s platform grew 78% year-on-year for the March 2026 quarter, supported by a 50% increase in active merchant accounts that spans both enterprise clients and small to medium businesses. The company holds significant regulatory licenses including Payment Aggregator and Prepaid Payment Instrument licenses issued by the Reserve Bank of India.
Why it matters
The milestone of Rs 1,000 crore revenue coupled with EBITDA profitability reflects Cashfree’s strong operational execution and growing market relevance in India’s competitive fintech landscape. Reaching profitability signals maturity and resiliency amid evolving payment sector dynamics.
Strong 8x growth in cross-border gross transaction value and a 10x increase in related net revenue highlight Cashfree’s expanding footprint in international payments. Cross-border operations are projected to account for 25% of total revenue, positioning the company well to capitalize on global digital commerce expansion.
What to watch next
Cashfree’s priority for FY27 is to sustain full-year EBITDA profitability by leveraging cost efficiencies and driving growth both domestically and internationally. Scaling its cross-border business will be crucial to diversifying revenue sources further.
The company’s investments in AI-enabled payment infrastructure and identity verification technologies could enhance product offerings and operational efficiency. Observers should track how these innovations impact competitive positioning and merchant adoption in the coming year.