Receivables Exchange of India Ltd pays first dividend of 21.6%

Receivables Exchange of India Ltd (RXIL), a Trade Receivables Discounting System (TReDS) platform promoted by SIDBI and National Stock Exchange of India, along with State Bank of India, ICICI Bank and Yes Bank, has declared and paid an interim dividend of 21.6% on its shares of Rs 10 face value.

“The dividend declaration positions RXIL as the first TReDS platform in the country to return capital to its stakeholders, reflecting the maturity, resilience and financial sustainability of a market infrastructure built to address the structural liquidity challenges faced by MSMEs,” a company statement said.

RXIL has a network of over 3,200 buyers and over 70 financiers including banks and NBFCs on its TReDS platform. It facilitates monthly receivables that fund transaction volumes of approximately ₹12,000 crore, the statement said.

Since its inception in 2016, the platform has enabled financing of over ₹2.6 lakh crore on over one crore invoices, supporting over 57,000 MSMEs, making working capital accessible with the support of buyer credit, and not from the MSME’s balance sheet, it added.

Ketan Gaikwad, MD & CEO of RXIL, noted that TReDS has fundamentally changed the way capital flows to SMEs in India by bringing together small suppliers, large buyers and financiers on a single, trusted digital infrastructure.

The RXIL TReDS platform turned profitable in 2023, wiping out accumulated losses in FY24 and reporting a strong earnings performance in FY25, enabling the dividend payment. Gaikwad said RXIL, which posted a net profit of around Rs 52 crore in FY25, expects a net profit of Rs 72 crore in FY26.

Further, the platform’s throughput has scaled significantly from ₹223 crore in FY18 to ₹80,457 crore in FY25.

Published on January 21, 2026