As of 6 Nov 2026, WSFx Global Pay trades at 12.7× trailing earnings, below the industry P/E of 18.4×, and the shares are 12% below their 52-week high. It earns ROCE of 19% and ROE of 16%, and sales and net profit grew 29% and 74% a year over 3 years. Its dividend yield is 2.3%, and debt is 0.21× equity. It is a small-cap company with a market cap of ₹84 Cr, ranked 91st of 219 Capital Markets companies by market cap; the shares rose 6.0% over the past year.
- ₹68.00
- ₹68.34
- ₹65.00
- ₹67.89
- 2.1K
Health check
- ReturnsIn line
+6.0% over a year, better than 4 of 7 peers.
- Price tagCheaper
P/E 12.7 vs industry 18.4.
- GrowthStrong
Sales +29.2%, profit +73.9% a year over 3 years.
- ProfitabilityAverage
ROCE 18.9% vs peer median 22.1%.
- Balance sheetSolid
Debt 0.21× equity, interest covered 6.5×, Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹84 Cr
- Small cap
- P/E
- 12.7
- Industry 18.4
- Price to book
- 1.94
- Peers 4.53
- Dividend yield
- 2.25%
- ROE
- 16.5%
- Peers 18.9%
- ROCE
- 18.9%
- Peers 22.1%
- Debt to equity
- 0.21
- Debt ₹9.34 Cr
- EPS (TTM)
- ₹5.26
- OPM (TTM)
- 8.3%
- Net margin 5.4%
- Sales growth
- +30.0%
- Latest quarter vs a year ago
- Profit growth
- +16.1%
- Latest quarter vs a year ago
- Price to sales
- 0.66
- EV/EBITDA −8.4
Strengths and risks
Strengths
- Dividend yield of 2.25%.
- Quarterly sales up 30.0% on a year ago.
- P/E of 12.7 against an industry P/E of 18.4.
About WSFx Global Pay
WSFx Global Pay Limited engages in the foreign exchange business (forex) in India. The company offers single and multi-currency forex prepaid cards, Thomas Cook travel cards, foreign currency notes, currency exchange, education loan, travel insurance, sending money aboard, university fees payments, and other outward remittances, as well as international student identity cards, guaranteed investment certificates, and blocked accounts. It also provides…
- Headquarters
- Mumbai
- Employees
- 383
- Sector
- Financial Services
- ISIN
- INE549D01012
- Website
- wsfx.in
Price range
- Avg volume (3M)
- 3.1K
- 1-year return
- plus 6.0%
- From 52-week high
- minus 12.4%
Peers · Capital Markets
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GROWWBillionbrains Garage Ventures | 215.08 | minus 3.93% | 1,33,585 | 50.3 | 13.78 | 29.3% | 21.6% | 62.9% | – | – | 0.00% | plus 63.8% |
| MOTILALOFSMotilal Oswal Financial Services | 1,102.00 | plus 0.64% | 66,448 | 25.0 | 4.27 | 18.1% | 18.9% | 52.4% | 29.0% | 26.1% | 0.54% | plus 11.1% |
| AIILAuthum Investment & Infrastructure | 570.05 | plus 0.08% | 48,410 | 27.6 | 3.29 | 15.2% | 13.1% | 74.0% | 44.4% | −23.5% | 0.00% | minus 0.7% |
| ANGELONEAngel One | 331.00 | plus 1.49% | 30,290 | 26.8 | 4.53 | 26.9% | 18.4% | 39.7% | 20.3% | 0.9% | 1.95% | plus 29.5% |
| CDSLCentral Depository Services (India) | 1,331.40 | minus 0.19% | 27,826 | 55.1 | 14.03 | 29.7% | 26.4% | 51.3% | 27.3% | 18.2% | 0.96% | minus 13.3% |
| CHOICEINChoice International | 748.20 | minus 0.09% | 16,668 | 62.9 | 8.90 | 17.6% | 15.8% | 35.3% | 42.2% | 53.6% | 0.00% | minus 7.4% |
| IIFLCAPSIIFL Capital Services | 349.80 | plus 0.13% | 13,036 | 18.8 | 3.15 | 22.1% | 19.5% | 36.1% | 19.9% | 30.9% | 0.86% | plus 4.1% |
| WSFXWSFx Global Pay | 66.56 | minus 1.96% | 84 | 12.7 | 1.94 | 18.9% | 16.5% | 8.3% | 29.2% | 73.9% | 2.25% | plus 6.0% |
| Median of 7 peers | – | 0.08% | 30,290 | 27.6 | 4.53 | 22.1% | 18.9% | 51.3% | 28.2% | 22.2% | 0.54% | 4.1% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 34.3 | 28.4 | 26.2 | 23.2 | 44.6 | |
| 28.8 | 25.8 | 25.1 | 22.2 | 39.1 | |
| 5.5 | 2.6 | 1.1 | 1.1 | 5.5 | |
| 16.1% | 9.1% | 4.1% | 4.6% | 12.3% | |
| 0.9 | 1 | 1.5 | 1.2 | 1.4 | |
| 0.4 | 0.5 | 0.4 | 0.5 | 0.4 | |
| 1.1 | 1.2 | 1.2 | 1.2 | 1.2 | |
| 4.9 | 2 | 1 | 0.6 | 5.3 | |
| 24.6% | 12.0% | 45.3% | 48.3% | 20.1% | |
| 3.7 | 1.8 | 0.6 | 0.3 | 4.3 | |
| 2.90 | 1.40 | 0.43 | 0.23 | 3.19 |
Profit & loss
- Sales CAGR 3Y
- +29.2%
- Profit CAGR 3Y
- +73.9%
- EPS CAGR 3Y
- +68.5%
- ROE
- 16.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,960 | 4,853 | 5,722 | 6,382 | |
| – | +64.0% | +17.9% | +11.5% | |
| 2,957 | 4,847 | 5,714 | 6,371 | |
| 2.8 | 5.9 | 8.5 | 10.5 | |
| 0.1% | 0.1% | 0.1% | 0.2% | |
| 1.1 | 1.6 | 2.2 | 3.5 | |
| 0.9 | 0.8 | 1 | 1.5 | |
| 2 | 2.6 | 3.1 | 4.5 | |
| −0 | −0.1 | 0 | −0 | |
| 0.9 | 4.1 | 6.6 | 8 | |
| −29.9% | – | 47.6% | 23.6% | |
| 1.2 | 4.1 | 3.5 | 6.1 | |
| – | +253.0% | minus 15.8% | +76.9% | |
| 1.01 | 3.35 | 2.79 | 4.83 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.6 | 11.9 | 12.4 | 12.6 | |
| 15.9 | 20.7 | 24 | 28.8 | |
| 14.3 | 4.6 | 13.9 | 17.1 | |
| 27.6 | 37.3 | 46.4 | 107 | |
| 69.3 | 74.4 | 96.7 | 166 | |
| 2.4 | 3.6 | 11.2 | 10.3 | |
| 0.7 | – | – | – | |
| 7.2 | 0.3 | 0.3 | 0.9 | |
| 17.2 | 27.5 | 29.5 | 68 | |
| 41.9 | 43.1 | 55.7 | 86.5 | |
| 69.3 | 74.4 | 96.7 | 166 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −4.5 | 22.2 | 8.9 | 39.8 | |
| −5.6 | −11.6 | 2.3 | −29.4 | |
| −0.8 | −12.1 | −0.9 | −0.8 | |
| −10.9 | −1.5 | 10.3 | 9.6 | |
| −0.8 | −1.4 | −1.8 | −3.9 | |
| −5.3 | 20.8 | 7 | 35.9 | |
| – | – | −1.2 | −1.9 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.