WSFX Global

What does WSFX Global do?

WSFX Global Pay Ltd is a fintech company specializing in foreign currency trading and related services, established in 1986. As of March 2025, it reported net sales of 22 Cr and a net profit of -2 Cr, with a market cap of Rs 90 Cr.

Overview: <BR>WSFX Global Pay Ltd is a premier financial services company operating in the financial technology (fintech) sector, specializing in the buying and selling of foreign currencies and related services.<BR><BR>History: <BR>WSFX Global Pay Ltd was established as a Public Limited Company in 1986 and was formerly known as Wall Street Finance Limited. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 22 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -2 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 90 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 26.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 1.34% <BR>Debt-Equity: 0.21 <BR>Return on Equity: 9.52% <BR>Price to Book: 2.48<BR><BR>Contact Details: <BR>Address: Off No 113-122 1 st Floor, A Wing Chintamani Plaza Chakal Mumbai Maharashtra : 400063 <BR>Tel: 91-22-62709600 <BR>Email: grievances@spicemoney.in <BR>Website: http://www.wsfx.in

Who are in the management team of WSFX Global?

As of March 2023, the management team of WSFX Global includes Brij Gopal Daga and Asha Shah as Independent Directors, Ramesh Venkataraman as Chairman, Narasimhan Srikrishna as Whole Time Director & CEO, and Manisha Swami as Company Secretary & Compliance Officer.

As of March 2023, the management team of WSFX Global includes the following individuals:<BR><BR>1. Brij Gopal Daga - Independent Director<BR>2. Ramesh Venkataraman - Chairman (Non-Executive)<BR>3. Asha Shah - Independent Director<BR>4. Narasimhan Srikrishna - Whole Time Director & CEO<BR>5. Manisha Swami - Company Secretary & Compliance Officer<BR><BR>These members play various roles within the company, contributing to its governance and operational management.

Has WSFX Global declared dividend?

WSFX Global Pay Ltd has declared a 10% dividend, amounting to 1 per share, with an ex-date of September 13, 2024. While recent returns have been negative, the company has shown significant positive total returns over the longer term, particularly a 345.52% total return over the past 5 years.

WSFX Global Pay Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 13 Sep 24<BR><BR>Dividend Yield: 1.34%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -38.19%, with a dividend return of 0%, resulting in a total return of -38.19%.<BR><BR>Over the past year, the price return was -29.04%, accompanied by a dividend return of 0.86%, leading to a total return of -28.18%.<BR><BR>In the 2-year period, the price return was 79.7%, with a dividend return of 2.57%, culminating in a total return of 82.27%.<BR><BR>For the 3-year period, the price return was 155.35%, alongside a dividend return of 3.65%, which resulted in a total return of 159.0%.<BR><BR>In the last 4 years, the price return was 216.65%, with a dividend return of 4.68%, giving a total return of 221.33%.<BR><BR>Finally, over the past 5 years, the price return was 329.65%, and the dividend return was 15.87%, leading to a total return of 345.52%.<BR><BR>Overall, WSFX Global has declared a dividend, and while the recent returns over shorter periods have been negative, the longer-term performance shows significant positive returns, particularly in the 5-year period.

Who are the peers of the WSFX Global?

WSFX Global's peers include PB Fintech, One 97, Infibeam Avenues, One Mobikwik, Fino Payments, Suvidhaa Info, AGS Transact, and MOS Utility, with varying management risks and growth rates. WSFX Global has Below Average management risk and a 1-year return of -31.58%.

Peers: The peers of WSFX Global are PB Fintech., One 97, Infibeam Avenues, One Mobikwik, Fino Payments, Suvidhaa Info., AGS Transact, and MOS Utility.<BR><BR>Quality Snapshot: Excellent management risk is observed at PB Fintech., Infibeam Avenues, Fino Payments, and MOS Utility, while Average management risk is found at One 97 and the rest. Below Average management risk is present at WSFX Global, One Mobikwik, Suvidhaa Info., AGS Transact. Growth is Excellent for PB Fintech., Infibeam Avenues, Fino Payments, and MOS Utility, while Average growth is seen at One 97 and One Mobikwik, and the rest show Below Average growth. Excellent capital structure is noted at PB Fintech., One 97, Infibeam Avenues, One Mobikwik, Fino Payments, and MOS Utility, while WSFX Global has an Excellent capital structure, and Below Average capital structure is found at Suvidhaa Info., AGS Transact.<BR><BR>Return Snapshot: One 97 has the highest 1-year return at 147.91%, while AGS Transact has the lowest at -92.23%. WSFX Global's 1-year return of -31.58% is better than AGS Transact's but worse than One 97's. Additionally, several peers, including Fino Payments, Suvidhaa Info., AGS Transact, and WSFX Global, have negative six-month returns.

What is the technical trend for WSFX Global?

As of May 5, 2025, WSFX Global's technical trend is mildly bearish, with mixed signals from indicators like the MACD, Bollinger Bands, and moving averages across different time frames.

As of 5 May 2025, the technical trend for WSFX Global has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The Bollinger Bands and moving averages both reflect a mildly bearish outlook on the weekly and daily charts. The KST shows a mildly bullish trend weekly but is bearish monthly, further contributing to the mixed sentiment. Overall, the current technical stance is mildly bearish, with key indicators like moving averages and Bollinger Bands driving this assessment.

Who are the top shareholders of the WSFX Global?

The top shareholders of WSFX Global are Spice Connect Private Limited with 58.55%, Stocktalks Private Limited with 8.1%, and individual investors holding 23.39%. There are no mutual funds or foreign institutional investors involved.

The top shareholders of WSFX Global include Spice Connect Private Limited, which holds the largest share at 58.55%. Following that, Stocktalks Private Limited is the highest public shareholder with an 8.1% stake. Additionally, individual investors collectively hold 23.39% of the company's shares. There are no mutual funds or foreign institutional investors currently holding shares in the company.

How big is WSFX Global?

As of 24th July, WSFX Global Pay Ltd has a market capitalization of 84.00 Cr and reported Net Sales of 29.79 Cr with a Net Profit loss of 4.56 Cr over the latest four quarters. The balance sheet as of March 2021 shows Shareholder's Funds of 29.71 Cr and Total Assets of 43.57 Cr.

As of 24th July, WSFX Global Pay Ltd has a market capitalization of 84.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 29.79 Cr. However, it faced a loss of 4.56 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2021, showing Shareholder's Funds of 29.71 Cr and Total Assets of 43.57 Cr.

When is the next results date for WSFX Global?

The next results date for WSFX Global is 04 November 2025.

The next results date for WSFX Global is scheduled for 04 November 2025.

How has been the historical performance of WSFX Global?

WSFX Global has experienced significant financial challenges, with net sales declining from 46.85 Cr in Mar'17 to 21.11 Cr in Mar'21, and operating profit turning negative at -5.94 Cr in Mar'21. Total assets and liabilities also decreased, reflecting ongoing difficulties in profitability and cash flow.

Answer:<BR>The historical performance of WSFX Global has shown significant fluctuations over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>WSFX Global's net sales have experienced a downward trend, decreasing from 46.85 Cr in Mar'17 to just 21.11 Cr in Mar'21, with a notable drop from 36.32 Cr in Mar'20. The total operating income followed a similar pattern, reflecting the same figures as net sales. The company faced increasing total expenditure, which peaked at 42.49 Cr in Mar'16 and then decreased to 27.05 Cr by Mar'21. Operating profit (PBDIT) turned negative in Mar'21 at -5.94 Cr, contrasting with a positive operating profit of 5.03 Cr in Mar'17. Profit before tax also saw a decline, moving from a profit of 0.78 Cr in Mar'17 to a loss of -6.97 Cr in Mar'21. Consequently, the profit after tax mirrored this trend, falling from 27.19 Cr in Mar'18 to -5.14 Cr in Mar'21. The company's total assets decreased from 69.15 Cr in Mar'16 to 43.57 Cr in Mar'21, while total liabilities also declined from 68.33 Cr to 43.57 Cr over the same period. Cash flow from operating activities turned negative in Mar'21 at -8.00 Cr, indicating challenges in generating cash from core operations. Overall, WSFX Global's financial performance has faced significant challenges, particularly in recent years, with declining sales and increasing losses.

Is WSFX Global overvalued or undervalued?

As of November 7, 2025, WSFX Global is considered very attractive and undervalued with a PE ratio of 27.60, significantly outperforming peers like Bajaj Finance and showing strong recent stock performance.

As of 7 November 2025, WSFX Global has moved from an attractive to a very attractive valuation grade. The company is currently considered undervalued based on its financial metrics. Notable ratios include a PE ratio of 27.60, a price to book value of 0.24, and an EV to EBITDA of -14.83, indicating significant potential for growth despite current challenges.<BR><BR>In comparison to peers, WSFX Global's valuation stands out against Bajaj Finance, which has a PE ratio of 38.09 and is classified as very expensive, and Life Insurance, which is very attractive with a PE ratio of 11.44. The company's recent stock performance has shown resilience, with a 1-week return of 7.62% compared to the Sensex's -0.86%, reinforcing the notion that WSFX Global is undervalued in the current market landscape.

Are WSFX Global Pay Ltd latest results good or bad?

WSFX Global Pay Ltd's latest results show a net profit of ₹1.75 crores for Q3 FY26, indicating a strong recovery with 124.4% growth, but concerns arise from 51.76% of profits coming from non-operating income and a modest return on equity of 8.59%. Overall, while there are positive signs, caution is advised due to earnings quality and stock underperformance.

WSFX Global Pay Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹1.75 crores for Q3 FY26, which marks a significant turnaround, showing a 124.4% growth compared to the average of the previous four quarters. Additionally, the half-year revenue for FY26 reached ₹63.31 crores, reflecting a robust year-on-year growth of 37.72%. These figures suggest that the company is making strides towards recovery after a prolonged period of losses.<BR><BR>However, there are notable concerns that temper this optimism. A significant portion of the profit, approximately 51.76%, comes from non-operating income, raising questions about the sustainability and quality of these earnings. The company's return on equity (ROE) stands at a modest 8.59%, which is below the standards of more efficient operators in the financial services sector. Furthermore, WSFX Global Pay's stock has underperformed, declining 19.08% over the past year, contrasting sharply with the positive performance of the broader fintech sector.<BR><BR>In summary, while there are positive indicators of recovery and growth, the reliance on non-operating income and the company's underperformance relative to peers suggest that caution is warranted. Investors should consider both the potential for continued recovery and the underlying risks associated with earnings quality and market performance.

Should I buy, sell or hold WSFX Global Pay Ltd?

Why is WSFX Global Pay Ltd falling/rising?

As of 04-Mar, WSFX Global Pay Ltd's stock price is declining, currently at 60.00, down 3.23%. The stock has underperformed recently, with significant losses and high volatility, indicating weak investor interest and a lack of upward momentum.

As of 04-Mar, WSFX Global Pay Ltd's stock price is falling, currently at 60.00, which reflects a decrease of 2.0 or 3.23%. The stock has been underperforming in the market, having lost 7.16% over the last three days and opening with a significant loss of 3.39% today. Additionally, the stock touched an intraday low of Rs 55.05, representing a decline of 11.21%. <BR><BR>The performance metrics indicate that the stock has consistently traded lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This trend suggests a lack of upward momentum. Furthermore, the stock has experienced high volatility today, with an intraday volatility of 5.43%, and has traded in a wide range of Rs 6.33, indicating unstable price movements.<BR><BR>Investor participation has also decreased, with delivery volume dropping by 52.02% compared to the 5-day average, which may reflect waning interest among investors. The broader finance/NBFC sector has also seen a decline of 2.86%, contributing to the negative sentiment surrounding WSFX Global Pay Ltd. Overall, these factors collectively explain the downward movement in the stock's price.

Which are the latest news on WSFX Global?