WSFX Global Pay Ltd

WSFX Global Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

WSFX Global Pay Ltd

₹ 79.9 2.98%
25 Apr 4:01 p.m.
wsfx.in BSE: 511147
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.

Website BSE
  • Market Cap ₹ 94.7 Cr.
  • Current Price ₹ 79.9
  • High / Low ₹ 94.0 / 28.5
  • Stock P/E
  • Book Value ₹ 24.6
  • Dividend Yield 0.00 %
  • ROCE -12.5 %
  • ROE -12.1 %
  • Face Value ₹ 10.0
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Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 3.25 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -0.91%
  • The company has delivered a poor sales growth of -15.0% over past five years.
  • Company has a low return on equity of -4.07% over last 3 years.
  • Company might be capitalizing the interest cost
  • Debtor days have increased from 107 to 130 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

Consolidated Figures in Rs. Crores / View Standalone

Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
5.44 6.88 8.20 9.89 8.74 9.50 3.12 6.48 4.86 6.65 5.85 9.56 7.73
5.82 7.11 7.92 9.00 8.59 11.27 4.92 7.06 6.76 8.30 7.42 9.47 9.54
Operating Profit -0.38 -0.23 0.28 0.89 0.15 -1.77 -1.80 -0.58 -1.90 -1.65 -1.57 0.09 -1.81
OPM % -6.99% -3.34% 3.41% 9.00% 1.72% -18.63% -57.69% -8.95% -39.09% -24.81% -26.84% 0.94% -23.42%
0.82 1.00 0.52 0.47 0.51 0.49 0.25 0.26 0.22 -0.08 0.22 0.25 0.22
Interest 0.31 0.29 0.33 0.48 0.36 0.28 0.08 0.20 0.08 0.13 0.07 0.18 0.15
Depreciation 0.11 0.05 0.14 0.20 0.19 0.29 0.25 0.32 0.32 0.30 0.30 0.30 0.31
Profit before tax 0.02 0.43 0.33 0.68 0.11 -1.85 -1.88 -0.84 -2.08 -2.16 -1.72 -0.14 -2.05
Tax % -50.00% 6.98% 30.30% 38.24% 90.91% 36.22% 31.38% 34.52% 31.25% 13.89% 31.40% 28.57% 30.73%
0.03 0.40 0.22 0.42 0.01 -1.18 -1.30 -0.56 -1.42 -1.86 -1.18 -0.10 -1.42
EPS in Rs 0.03 0.35 0.19 0.36 0.01 -1.02 -1.12 -0.48 -1.23 -1.61 -1.02 -0.09 -1.23
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
34.30 38.80 43.36 49.53 47.19 1,745.17 25.69 38.11 22.03 29.79
29.16 32.43 36.75 42.31 41.81 1,708.57 24.94 36.78 27.02 34.73
Operating Profit 5.14 6.37 6.61 7.22 5.38 36.60 0.75 1.33 -4.99 -4.94
OPM % 14.99% 16.42% 15.24% 14.58% 11.40% 2.10% 2.92% 3.49% -22.65% -16.58%
-0.38 0.26 0.26 0.04 0.39 2.90 0.97 0.20 -0.30 0.61
Interest 2.58 3.44 4.33 4.70 4.57 3.10 1.27 1.45 0.48 0.53
Depreciation 0.46 0.37 0.62 0.26 0.41 0.62 0.39 0.82 1.20 1.21
Profit before tax 1.72 2.82 1.92 2.30 0.79 35.78 0.06 -0.74 -6.97 -6.07
Tax % 22.67% -15.60% 30.21% 43.04% 18.99% 24.01% -83.33% 29.73% 26.26%
1.33 3.27 1.35 1.32 0.63 27.19 0.11 -0.52 -5.14 -4.56
EPS in Rs 1.15 2.83 1.17 1.14 0.54 23.50 0.10 -0.45 -4.44 -3.95
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 18.13% 1,581.82% -334.62% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -15%
3 Years: -77%
TTM: 24%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -32%
TTM: 22%
Stock Price CAGR
10 Years: 26%
5 Years: 23%
3 Years: 67%
1 Year: 127%
Return on Equity
10 Years: %
5 Years: -4%
3 Years: -4%
Last Year: -12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Sep 2021
Equity Capital 11.60 11.60 11.60 11.60 11.60 11.60 11.60 11.60 11.60 11.60
Reserves -0.07 3.20 4.07 5.38 5.89 27.15 27.57 24.91 18.11 16.82
29.91 42.19 24.18 36.02 33.82 15.52 9.75 9.15 10.10 11.60
14.51 14.31 12.49 16.86 18.13 9.02 9.62 5.53 6.75 15.65
Total Liabilities 55.95 71.30 52.34 69.86 69.44 63.29 58.54 51.19 46.56 55.67
3.08 2.01 1.06 5.13 5.12 1.71 3.27 4.62 6.10 5.97
CWIP 0.24 0.36 0.60 0.83 0.83 2.16 2.82 2.55 0.00 0.00
Investments 0.39 1.12 1.14 0.48 0.28 0.27 0.27 0.26 0.28 0.31
52.24 67.81 49.54 63.42 63.21 59.15 52.18 43.76 40.18 49.39
Total Assets 55.95 71.30 52.34 69.86 69.44 63.29 58.54 51.19 46.56 55.67

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
-6.54 -5.21 26.64 3.21 4.98 37.76 3.68 3.13 -8.24
-1.31 1.92 -0.85 -5.75 -0.18 -0.27 -11.61 0.82 7.32
7.52 9.22 -22.22 7.24 -6.77 -27.31 -7.04 -4.14 -1.27
Net Cash Flow -0.33 5.93 3.56 4.70 -1.97 10.19 -14.97 -0.19 -2.19

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 325.63 350.42 163.56 173.77 149.74 2.52 156.57 34.38 129.56
Inventory Days
Days Payable
Cash Conversion Cycle 325.63 350.42 163.56 173.77 149.74 2.52 156.57 34.38 129.56
Working Capital Days 255.39 327.94 120.12 139.35 161.73 3.24 130.57 57.85 113.49
ROCE % 12.66% 12.91% 15.08% 10.30% 1.36% 2.44% 1.50% -12.52%

Shareholding Pattern

Numbers in percentages

5 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
62.43% 62.43% 62.43% 62.43% 62.43% 62.43% 62.43% 62.43% 62.43% 62.43% 62.43% 61.52%
37.57% 37.57% 37.57% 37.57% 37.57% 37.56% 37.57% 37.57% 37.57% 37.57% 37.57% 38.49%
No. of Shareholders 4,9884,9744,9324,9254,8704,8844,8554,8684,8654,9154,8875,020

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