WSFX Global

Why is WSFX Global Pay Ltd falling/rising?

As of 27-Jun, WSFX Global Pay Ltd's stock price is declining at 61.21, down 2.2% and underperforming its sector. Investor participation is decreasing, and while the stock is above short-term averages, it remains below longer-term moving averages, indicating a weaker trend.

As of 27-Jun, WSFX Global Pay Ltd's stock price is falling, currently at 61.21, which reflects a change of -1.38 or -2.2%. The stock has underperformed its sector by -0.82% today. Over the past week, the stock has decreased by -0.78%, while the benchmark Sensex has only fallen by -0.40%. <BR><BR>Investor participation appears to be declining, as evidenced by a delivery volume of 1.15 k on 24 June, which is down by -22.82% compared to the 5-day average delivery volume. Additionally, while the stock is trading higher than its 5-day and 20-day moving averages, it is below its 50-day, 100-day, and 200-day moving averages, indicating a weaker long-term trend. <BR><BR>Overall, these factors contribute to the current decline in the stock price of WSFX Global Pay Ltd.

Which are the latest news on WSFX Global?

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

What does WSFX Global do?

WSFX Global Pay Ltd is a fintech company specializing in forex services, established in 1986 and rebranded in 2022. As of March 2026, it reported net sales of 26 Cr and a net profit of 1 Cr, with a market cap of INR 80 Cr.

Overview: <BR>WSFX Global Pay Ltd is a premier financial services company operating in the financial technology (fintech) sector, specifically within the forex domain, categorized as a micro-cap company.<BR><BR>History: <BR>WSFX Global Pay Ltd was established as a Public Limited Company in 1986. The company underwent several name changes, initially known as Wall Street Finance Limited, then Spice Money Limited, and finally rebranded to WSFX Global Pay Limited on December 27, 2022. The most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 26 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 80 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 13.00 <BR>Industry P/E: 20 <BR>Dividend Yield: 2.39% <BR>Debt-Equity: 0.41 <BR>Return on Equity: 14.81% <BR>Price to Book: 1.90 <BR><BR>Contact Details: <BR>Address: Off No 113-122 1 st Floor, A Wing Chintamani Plaza Chakal Mumbai Maharashtra : 400063 <BR>Phone: 91-22-62709600 <BR>Email: grievances@spicemoney.in <BR>Website: http://www.wsfx.in

How big is WSFX Global?

As of 10th June, WSFX Global Pay Ltd has a market capitalization of 80.00 Cr, with recent net sales of 29.79 Cr and a net profit loss of 4.56 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: WSFX Global Pay Ltd has a market capitalization of 80.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 29.79 Cr, while the sum of Net Profit for the same period reflects a loss of 4.56 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2021, with Shareholder's Funds amounting to 29.71 Cr and Total Assets totaling 43.57 Cr.

Who are in the management team of WSFX Global?

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.

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>If you need more details about their roles or responsibilities, feel free to ask!

Who are the peers of the WSFX Global?

WSFX Global's peers include PB Fintech, One 97, AvenuesAI, One Mobikwik, Fino Payments, Suvidhaa Info., AGS Transact, and MOS Utility. In terms of management risk, growth, and capital structure, WSFX Global is rated below average compared to its peers, with a 1-year return of -11.38%.

Peers: The peers of WSFX Global are PB Fintech., One 97, AvenuesAI, One Mobikwik, Fino Payments, Suvidhaa Info., AGS Transact, and MOS Utility.<BR><BR>Quality Snapshot: Excellent management risk is observed at PB Fintech. and MOS Utility, while Average management risk is found at Fino Payments and One 97. Below Average management risk is noted for AvenuesAI, One Mobikwik, WSFX Global, Suvidhaa Info., and AGS Transact. In terms of growth, Excellent growth is seen at PB Fintech., AvenuesAI, and WSFX Global, while Good growth is reported by One 97, One Mobikwik, and Fino Payments. Below Average growth is present at Suvidhaa Info. and AGS Transact. Excellent capital structure is attributed to PB Fintech., One 97, AvenuesAI, One Mobikwik, Fino Payments, and WSFX Global, while Below Average capital structure is noted for Suvidhaa Info. and AGS Transact.<BR><BR>Return Snapshot: The peer with the highest 1-year return is One 97 at 8.23%, while the peer with the lowest is AvenuesAI at -42.33%. WSFX Global's 1-year return is -11.38%, which is better than AvenuesAI but worse than One 97. Additionally, the six-month return is negative for AvenuesAI, One Mobikwik, Fino Payments, Suvidhaa Info., AGS Transact, and MOS Utility.

When is the next results date for WSFX Global Pay Ltd?

The next results date for WSFX Global Pay Ltd is 19 May 2026.

The next results date for WSFX Global Pay Ltd is scheduled for 19 May 2026.

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.

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.

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.

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.

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.

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.