WSFX Global Pay Ltd

WSFX Global Pay Ltd

₹ 82.2 -0.01%
28 Mar - close price
About

Incorporated in 1986, WSFX Global Pay
Ltd (formerly Wall Street Finance Ltd)
does buying and selling of foreign
currencies, travelers' cheques, prepaid
cards, remittances and various forex
related services[1]

Key Points

Business Overview:[1]
Company is a Reserve Bank of India licensed, Authorized Dealer Category II Foreign Exchange House and ISO27001 certified company. It is headquartered in Mumbai and conducts its business through its digital platforms and 16 branches across India. Company is a part of the
Spice Connect group.

  • Market Cap 96.6 Cr.
  • Current Price 82.2
  • High / Low 94.0 / 27.0
  • Stock P/E 26.8
  • Book Value 25.9
  • Dividend Yield 0.00 %
  • ROCE 5.15 %
  • ROE 4.75 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter

Cons

  • Stock is trading at 3.17 times its book value
  • The company has delivered a poor sales growth of 5.80% over past five years.
  • Company has a low return on equity of -8.04% over last 3 years.
  • Company has high debtors of 164 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
4.86 6.26 5.85 9.56 7.14 7.16 8.30 13.88 11.20 12.70 12.13 22.59 17.19
6.75 7.91 7.42 9.47 8.95 8.88 8.69 12.61 10.48 11.74 11.58 19.87 16.16
Operating Profit -1.89 -1.65 -1.57 0.09 -1.81 -1.72 -0.39 1.27 0.72 0.96 0.55 2.72 1.03
OPM % -38.89% -26.36% -26.84% 0.94% -25.35% -24.02% -4.70% 9.15% 6.43% 7.56% 4.53% 12.04% 5.99%
0.22 -0.08 0.22 0.25 0.22 0.60 0.26 0.35 0.36 0.37 0.42 0.48 0.44
Interest 0.08 0.13 0.07 0.18 0.15 0.28 0.22 0.25 0.30 0.18 0.29 0.14 0.21
Depreciation 0.32 0.30 0.30 0.30 0.31 1.04 0.51 0.43 0.44 0.66 0.56 0.62 0.69
Profit before tax -2.07 -2.16 -1.72 -0.14 -2.05 -2.44 -0.86 0.94 0.34 0.49 0.12 2.44 0.57
Tax % 31.40% 13.89% 31.40% 28.57% 30.73% 29.51% 31.40% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-1.42 -1.86 -1.18 -0.10 -1.42 -1.72 -0.59 0.93 0.34 0.49 0.11 2.44 0.57
EPS in Rs -1.23 -1.61 -1.02 -0.09 -1.23 -1.49 -0.51 0.80 0.29 0.42 0.10 2.11 0.49
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
34.26 34.30 38.80 43.36 48.41 44.18 35.68 25.69 38.11 20.99 29.71 47.31 64.61
33.69 29.16 32.29 36.58 41.38 39.06 37.73 24.93 36.78 25.98 33.47 43.27 59.35
Operating Profit 0.57 5.14 6.51 6.78 7.03 5.12 -2.05 0.76 1.33 -4.99 -3.76 4.04 5.26
OPM % 1.66% 14.99% 16.78% 15.64% 14.52% 11.59% -5.75% 2.96% 3.49% -23.77% -12.66% 8.54% 8.14%
-0.22 -0.38 0.25 0.26 0.04 0.34 41.12 0.97 0.20 -0.30 0.23 0.03 1.71
Interest 3.24 2.58 3.44 4.33 4.70 4.57 3.12 1.27 1.45 0.48 0.88 1.12 0.82
Depreciation 0.63 0.46 0.37 0.62 0.26 0.40 0.61 0.39 0.82 1.20 1.94 2.05 2.53
Profit before tax -3.52 1.72 2.95 2.09 2.11 0.49 35.34 0.07 -0.74 -6.97 -6.35 0.90 3.62
Tax % -4.83% 22.67% -14.92% 27.75% 34.12% 14.29% 24.11% -71.43% 29.73% 26.26% 30.39% -30.00%
-3.70 1.33 3.40 1.52 1.38 0.43 26.81 0.12 -0.52 -5.13 -4.42 1.17 3.61
EPS in Rs -3.20 1.15 2.94 1.31 1.19 0.37 23.17 0.10 -0.45 -4.43 -3.82 1.01 3.12
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18.39% 1,450.00% -334.62% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 3%
5 Years: 6%
3 Years: 7%
TTM: 59%
Compounded Profit Growth
10 Years: -4%
5 Years: 20%
3 Years: 64%
TTM: 447%
Stock Price CAGR
10 Years: 25%
5 Years: 25%
3 Years: 63%
1 Year: 188%
Return on Equity
10 Years: -1%
5 Years: -5%
3 Years: -8%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 11.60 11.60 11.60 11.60 11.60 11.60 11.60 11.60 11.60 11.60 11.60 11.60 11.60
Reserves -1.35 -0.07 3.33 4.37 5.75 6.05 27.14 27.57 24.91 18.11 13.60 15.86 18.71
20.28 29.91 42.19 24.18 36.02 34.32 15.52 9.75 9.15 10.10 14.71 14.26 10.85
12.24 14.51 14.31 12.48 13.27 15.68 9.03 9.62 5.53 6.75 15.35 27.62 51.07
Total Liabilities 42.77 55.95 71.43 52.63 66.64 67.65 63.29 58.54 51.19 46.56 55.26 69.34 92.23
3.82 3.08 2.01 1.06 1.25 1.24 1.71 3.27 4.62 6.10 7.75 6.06 7.44
CWIP 0.00 0.24 0.36 0.60 0.83 0.83 2.16 2.82 2.55 0.00 0.00 0.71 0.60
Investments 0.39 0.39 1.27 1.29 5.65 5.43 0.28 0.28 0.27 0.28 0.31 0.35 0.37
38.56 52.24 67.79 49.68 58.91 60.15 59.14 52.17 43.75 40.18 47.20 62.22 83.82
Total Assets 42.77 55.95 71.43 52.63 66.64 67.65 63.29 58.54 51.19 46.56 55.26 69.34 92.23

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-9.09 -6.54 -5.21 26.76 -0.60 6.07 35.90 3.68 3.13 -8.24 2.98 -4.49
4.74 -1.31 1.77 -0.85 -4.91 -0.44 3.77 -11.61 0.82 7.32 -2.78 -5.60
-9.52 7.52 9.22 -22.22 7.24 -6.27 -27.84 -7.04 -4.14 -1.27 0.68 -0.83
Net Cash Flow -13.87 -0.33 5.78 3.69 1.73 -0.64 11.84 -14.97 -0.19 -2.19 0.87 -10.91

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 184.95 325.63 350.42 163.56 177.79 159.95 123.06 156.57 34.38 135.98 129.24 163.71
Inventory Days
Days Payable
Cash Conversion Cycle 184.95 325.63 350.42 163.56 177.79 159.95 123.06 156.57 34.38 135.98 129.24 163.71
Working Capital Days 137.43 255.39 329.16 121.55 162.71 182.58 158.46 130.57 57.75 118.94 19.66 -1.54
ROCE % 1.44% 14.01% 12.91% 13.20% 14.56% 9.63% 0.56% 2.46% 1.50% -12.52% -13.30% 5.15%

Shareholding Pattern

Numbers in percentages

4 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
62.43% 62.43% 62.43% 62.43% 62.43% 62.43% 62.43% 62.43% 62.43% 62.43% 62.43% 62.43%
37.57% 37.57% 37.57% 37.57% 37.57% 37.57% 37.56% 37.57% 37.57% 37.57% 37.57% 37.57%
No. of Shareholders 4,8884,9884,9744,9324,9254,8704,8844,8554,8684,8654,9154,887

Documents

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