WSFX Global Pay Ltd
Incorporated in 1986, WSFX Global Pay Ltd is engaged in the buying and selling of foreign currencies, travellers' cheques, prepaid cards, remittances and various forex-related services.[1]
- Market Cap ₹ 79.0 Cr.
- Current Price ₹ 62.4
- High / Low ₹ 76.9 / 53.8
- Stock P/E 12.9
- Book Value ₹ 32.9
- Dividend Yield 2.41 %
- ROCE 18.2 %
- ROE 15.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 28.8% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 37.7%
Cons
- Promoter holding has decreased over last quarter: -0.45%
- Company has a low return on equity of 13.3% over last 3 years.
- Earnings include an other income of Rs.4.02 Cr.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 43 | 48 | 44 | 36 | 26 | 38 | 21 | 30 | 47 | 72 | 89 | 108 | |
| 37 | 41 | 39 | 38 | 25 | 37 | 26 | 33 | 43 | 64 | 78 | 98 | |
| Operating Profit | 7 | 7 | 5 | -2 | 1 | 1 | -5 | -4 | 4 | 7 | 10 | 10 |
| OPM % | 16% | 15% | 12% | -6% | 3% | 3% | -24% | -13% | 9% | 10% | 12% | 10% |
| 0 | 0 | 0 | 41 | 1 | 0 | -0 | 0 | 0 | 0 | 1 | 4 | |
| Interest | 4 | 5 | 5 | 3 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 2 |
| Depreciation | 1 | 0 | 0 | 1 | 0 | 1 | 1 | 2 | 2 | 3 | 3 | 4 |
| Profit before tax | 2 | 2 | 0 | 35 | 0 | -1 | -7 | -6 | 1 | 4 | 7 | 8 |
| Tax % | 28% | 34% | 14% | 24% | -71% | -30% | -26% | -30% | -30% | 0% | 48% | 24% |
| 2 | 1 | 0 | 27 | 0 | -1 | -5 | -4 | 1 | 4 | 3 | 6 | |
| EPS in Rs | 1.31 | 1.19 | 0.37 | 23.17 | 0.10 | -0.45 | -4.43 | -3.82 | 1.01 | 3.47 | 2.81 | 4.88 |
| Dividend Payout % | 0% | 0% | 0% | 18% | 1,450% | -335% | 0% | 0% | 0% | 29% | 53% | 31% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 39% |
| 3 Years: | 32% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 29% |
| 3 Years: | 70% |
| TTM: | 77% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 24% |
| 3 Years: | 17% |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 7% |
| 3 Years: | 13% |
| Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 13 |
| Reserves | 4 | 6 | 6 | 27 | 28 | 25 | 18 | 14 | 16 | 21 | 24 | 29 |
| 24 | 36 | 34 | 16 | 10 | 9 | 10 | 15 | 14 | 5 | 14 | 17 | |
| 12 | 13 | 16 | 9 | 10 | 6 | 7 | 15 | 28 | 37 | 46 | 107 | |
| Total Liabilities | 53 | 67 | 68 | 63 | 59 | 51 | 47 | 55 | 69 | 74 | 97 | 166 |
| 1 | 1 | 1 | 2 | 3 | 5 | 6 | 8 | 6 | 7 | 13 | 17 | |
| CWIP | 1 | 1 | 1 | 2 | 3 | 3 | 0 | 0 | 1 | 1 | 3 | 0 |
| Investments | 1 | 6 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 50 | 59 | 60 | 59 | 52 | 44 | 40 | 47 | 62 | 66 | 80 | 149 | |
| Total Assets | 53 | 67 | 68 | 63 | 59 | 51 | 47 | 55 | 69 | 74 | 97 | 166 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27 | -1 | 6 | 36 | 4 | 3 | -8 | 3 | -4 | 22 | 3 | 40 | |
| -1 | -5 | -0 | 4 | -12 | 1 | 7 | -3 | -6 | -12 | 2 | -29 | |
| -22 | 7 | -6 | -28 | -7 | -4 | -1 | 1 | -1 | -12 | -1 | -1 | |
| Net Cash Flow | 4 | 2 | -1 | 12 | -15 | -0 | -2 | 1 | -11 | -1 | 4 | 10 |
| Free Cash Flow | 26 | -1 | 6 | 33 | 1 | 1 | -8 | 2 | -5 | 21 | 1 | 36 |
| CFO/OP | 400% | -5% | 132% | -1,599% | 738% | 286% | 161% | -79% | -106% | 324% | 24% | 398% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 164 | 178 | 160 | 123 | 157 | 34 | 136 | 129 | 164 | 89 | 98 | 96 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 164 | 178 | 160 | 123 | 157 | 34 | 136 | 129 | 164 | 89 | 98 | 96 |
| Working Capital Days | -82 | -109 | -101 | -0 | -8 | -30 | 119 | 20 | -2 | -53 | -7 | -142 |
| ROCE % | 13% | 15% | 10% | 1% | 2% | 2% | -13% | -13% | 5% | 13% | 18% | 18% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Nov 2024 | Feb 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of Employees count |
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| Number of Branches count |
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| Gross Turnover (GTO) INR Crore |
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| Number of Corporate Customers count |
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| Number of B2B Partners count |
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| Digital GTO Mix % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
29 Jun - WSFx Global Pay clarifies June 25, 2026 management designation change was disclosed within 24 hours.
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Announcement under Regulation 30 (LODR)-Change in Management
25 Jun - WSFx promoted Chethan S.A. to CBO and Vanishree Visrodia to CPO effective April 1, 2026.
- Closure of Trading Window 25 Jun
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 2 Jun
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
22 May - WSFX Investors Call Transcript held on May 21, 2026
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Concalls
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May 2026Transcript PPT REC
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025Transcript PPT REC
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Jul 2025TranscriptAI SummaryPPT
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May 2025TranscriptPPT
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Jan 2025TranscriptAI SummaryPPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT REC
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Jan 2024Transcript PPT REC
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Aug 2023TranscriptAI SummaryPPT
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May 2023TranscriptAI SummaryPPT
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Feb 2023TranscriptAI SummaryPPT
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Nov 2022TranscriptAI SummaryPPT
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Aug 2022TranscriptAI SummaryPPT
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Jun 2022TranscriptAI SummaryPPT
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Feb 2022Transcript PPT
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Nov 2021TranscriptAI SummaryPPT
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Aug 2021Transcript PPT
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May 2021Transcript PPT
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Feb 2021Transcript PPT
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Nov 2020Transcript PPT
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Sep 2020TranscriptAI SummaryPPT
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Aug 2020Transcript PPT
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Jun 2020Transcript PPT
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Feb 2020Transcript PPT
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Feb 2020TranscriptAI SummaryPPT
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Feb 2020TranscriptAI SummaryPPT
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Nov 2019Transcript PPT
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Nov 2019TranscriptAI SummaryPPT
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Aug 2019Transcript PPT
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Jun 2019Transcript PPT
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Feb 2019Transcript PPT
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Nov 2018Transcript PPT
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Aug 2018TranscriptPPT
Business Overview:[1]
WSFXGPL is a Reserve Bank of India licensed Authorized Dealer Category II Foreign Exchange House which provides a comprehensive digital ecosystem delivering cross-border payment solutions across prepaid forex cards, outward remittances, and currency exchange.