WSFX Global Pay Ltd
About
WSFx Global Pay Limited is a Reserve Bank of India (RBI) licensed, Authorized Dealer Category II Foreign Exchange House. Wsfx is a public company incorporated on 25 April, 1986.WSFx Global Pay is headquartered in Mumbai and has a strategic branch network of 21 branches across key cities in India..The company has 4 directors - Ramesh Venkataraman,Srikrishna Narasimhan, Ravinder Singh Amar and Asha H. Shah. WSFx Global Pay is listed with the BSE Limited and is a part of the Spice Connect group. . The company is engaged in the foreign currency business and money transfer business. The segments of the company for forex are Wholesale, Student, Retail, Corporate, and Remittance. It offers products such as Currency Notes, Forex Prepaid Cards, Travellers Cheque, Outward Remittances, Travel Insurance etc.
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Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 72 52.1% | 47 57.5% | 30 31.7% | 23 -40.3% | 38 43.7% | 27 -98.5% | 1748 3573.3% | 48 -4.0% | 50 13.6% | 44 11.8% | 39 12.6% | 35 -1.1% | 35 5.9% | 33 -13.7% | 38 -2.4% | 39 - |
| Net Operating Income (INR Cr) | 72 51.47% | 47 59.24% | 30 41.54% | 22 -42.19% | 38 48.35% | 26 -98.53% | 1745 3,598.18% | 47 -4.72% | 50 14.23% | 43 11.75% | 39 13.12% | 34 0.00% | 34 7.10% | 32 -15.12% | 38 -3.68% | 39 30.26% |
| Profit (INR Cr) | 4 252.1% | 1 - | -4 - | -5 - | -1 - | 0 -99.6% | 27 4215.9% | 1 -52.3% | 1 -2.2% | 1 -58.7% | 3 145.9% | 1 - | -4 - | 0 - | -1 - | 2 - |
| Assets (INR Cr) | 39 -10.3% | 44 6.9% | 41 1.0% | 40 -12.2% | 46 -6.7% | 49 -9.5% | 54 2.6% | 53 -3.0% | 55 35.6% | 40 -30.0% | 58 37.3% | 42 33.5% | 31 -32.9% | 47 -0.8% | 47 -15.8% | 56 - |
| Net Worth (INR Cr) | 33 18.5% | 27 9.0% | 25 -15.2% | 30 -18.6% | 37 -6.8% | 39 1.1% | 39 121.6% | 17 3.0% | 17 8.4% | 16 5.9% | 15 28.4% | 12 0.0% | 10 -26.5% | 14 0.7% | 14 -9.4% | 15 2.5% |
| Employee Cost (INR Cr) | 19 39.9% | 14 27.0% | 11 10.7% | 10 -25.1% | 13 26.3% | 10 -12.0% | 12 -16.9% | 14 6.4% | 13 17.5% | 11 24.1% | 9 12.0% | 8 -23.2% | 11 21.1% | 9 -1.1% | 9 32.4% | 7 - |
| Interest Cost (INR Cr) | 1 | 1 | 1 | 0 | 1 | 1 | 3 | 5 | 5 | 4 | 3 | 3 | 3 | 3 | 5 | 5 |
| Cash & Bank Balance (INR Cr) | 28 | 18 | 22 | 18 | 27 | 28 | 33 | 24 | 26 | 19 | 16 | 9 | 8 | 22 | 21 | 22 |
| Total Debt (INR Cr) | 5 | 14 | 15 | 10 | 9 | 10 | 16 | 34 | 36 | 24 | 42 | 30 | 20 | 32 | 33 | 41 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 5.7% | 2.5% | - | - | - | 0.4% | 1.6% | 1.3% | 2.7% | 3.1% | 8.4% | 3.8% | - | 1.1% | - | 4.7% |
| Profit As % Of Assets | 10.5% | 2.7% | - | - | - | 0.2% | 49.9% | 1.2% | 2.4% | 3.4% | 5.7% | 3.2% | - | 0.8% | - | 3.3% |
| Profit As % Of Networth | 12.7% | 4.3% | - | - | - | 0.3% | 70.2% | 3.6% | 7.8% | 8.6% | 22.1% | 11.5% | - | 2.7% | - | 12.1% |
| Interest Cost to EBITDA % | 13.2% | 28.3% | - | - | 108.2% | 169.3% | 8.5% | 85.3% | 65.0% | 65.5% | 53.8% | 58.6% | - | 99.6% | 114.8% | 64.1% |
| Debt to Equity Ratio | 0.14 | 0.52 | 0.58 | 0.34 | 0.25 | 0.25 | 0.40 | 1.93 | 2.12 | 1.54 | 2.85 | 2.59 | 1.98 | 2.29 | 2.41 | 2.67 |
| RONW | 13.7% | 4.4% | - | - | - | 0.1% | -8.4% | 3.7% | 8.1% | 8.9% | 22.8% | 13.7% | - | 1.9% | - | 12.3% |
| ROCE | 12.3% | 4.8% | -13.5% | -12.4% | 1.5% | 2.4% | 1.3% | 9.9% | 14.8% | 12.8% | 12.3% | 11.4% | 0.0% | 6.3% | 8.1% | 13.7% |