Centrumforex

Mumbai, India Founded: 2015 • Age: 11 yrs Listed Acquired By Ebix
Foreign currency exchange and money transfer services are provided.

About Centrumforex

Centrumforex is a publicly listed company based in Mumbai (India) founded in 2015, and was acquired by Ebix in April 2018. Foreign currency exchange and money transfer services are provided. The company has 48 employees. Its Indian entity Centrum Capital Limited reported revenue of ₹4,354 Cr. Its focus areas include FinTech, Forex Tech, Foreign Currency Services and Diversified.

Company details

Centrumforex was founded in 2015 in Mumbai, India, and operates within the financial services sector focused on foreign exchange. Currency buying and selling are facilitated, alongside cross-border money transfers. Prepaid forex cards and travel insurance products are offered to users. Forex rates can be locked for 24 hours through a 2 transaction fee. Services are accessible via the domain centrumforex.com.

Key Metrics
  • Market Cap
    ₹1,012 Cr

    CENTRUM · NSE

  • Share Price
    ₹20.11

    -0.98% today

  • Revenue
    ₹4,074 Cr

    FY 2025-26 · +15.5% YoY

  • EBITDA
    ₹1,381 Cr

    Margin 33.9%

  • Net Profit
    −₹366 Cr

    FY 2025-26 · -75.4% YoY

  • Debt / Equity
    35.82

    Interest cover 143.3x

  • Investors
  • Employee Count
    48
  • Acquired by
    Ebix

    (Apr 2018)

Investors in Centrumforex

Centrumforex has secured backing from 1 investor. Prominent investors backing the company include Ebix.

All
InvestorDescriptionFounded YearDomainLocation
SaaS-based software suite for insurance industry is provided.
1976ebix.comAtlanta, United States
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Investor details for Centrumforex

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  • Round participation
  • Investor portfolios
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Board of directors of Centrum Capital Limited (Centrumforex)

Centrum Capital Limited is the primary company behind Centrumforex. The board of Centrum Capital Limited currently have 10 directors; the longest-serving is Chandir Gobind Gidwani, appointed in 1996. 35 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Chandir Gobind Gidwani
DIN 00011916
Director07 Sep 199630 yrs 2 moCentrum Capital Limited
Mahakhurshid Khushrooh Byramjee
DIN 00164191
Director18 Apr 200125 yrs 6 moCentrum Capital Limited
Rishad Khushrooh Byramjee
DIN 00164123
Director11 Mar 200323 yrs 8 moCentrum Capital Limited
Manmohan Ramanna Shetty
DIN 00013961
Director01 Nov 201214 yrsCentrum Capital Limited
Jaspal Singh Bindra
DIN 00128320
Whole-time director21 Apr 201610 yrs 6 moCentrum Capital Limited
Anjali Karamnarayan Seth
DIN 05234352
Director12 Nov 20188 yrsCentrum Capital Limited
Radhamangalam Anantharaman Sankaranarayanan
DIN 05230407
Director03 Apr 20215 yrs 7 moCentrum Capital Limited
Rajeev Uberoi
DIN 01731829
Director01 Jun 20251 yr 5 moCentrum Capital Limited
Basant Seth
DIN 02798529
Director01 Jun 20251 yr 5 moCentrum Capital Limited
Sandip Ghose
DIN 07482589
Director16 Jul 20263 moCentrum Capital Limited

IPO & Listings of Centrumforex

Centrumforex is a publicly listed company on the NSE with ticker symbol CENTRUM in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: CENTRUM
  • Listed entityCentrum Capital Limited
  • Exchange sectorFinance

Financials of Centrumforex

Exchange-reported figures of Centrum Capital Limited, the listed company behind Centrumforex (NSE: CENTRUM).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹4,074 Cr
+15.5% YoY
EBITDA
₹1,381 Cr
+2.2% YoY
Profit After Tax
−₹366 Cr
-75.4% YoY
Net Worth
₹468 Cr
+7.4% YoY
Total Assets
₹19,961 Cr
-6.6% YoY
Total Debt
₹15,902 Cr
-3.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue4,0743,5262,2221,334705508506
Revenue growth+15.5%+58.7%+66.6%+89.2%+38.7%+0.4%-
EBITDA1,3811,351968464158221189
EBITDA margin+33.9%+38.3%+43.6%+34.8%+22.4%+43.4%+37.4%
Profit before tax(253)(188)(107)(179)(184)(32.01)12.66
Net profit(366)(209)(103)(150)(177)(46.87)(33.29)
Net profit margin-9.0%-5.9%-4.6%-11.2%-25.1%-9.2%-6.6%
EPS (₹)(2.84)(4.51)(2.39)(3.60)(4.25)(1.13)0.35
Balance sheet
Total assets19,96121,36412,5187,1618,1032,7202,580
Net worth468435597749831580622
Total debt15,90216,44110,6185,1295,9581,9431,762
Cash & bank1,2841,4557947804,630472391
Net working capital5,2037,353(3,648)(3,496)472237311
Cash flow
Cash from operations(1,814)2,532120(4,091)3,331(40.37)(178)
Cash from investing1,458(1,704)(1,552)157158(56.26)133
Cash from financing436(590)1,50397.0673713762.52
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9121,0308788238461,116877784
Revenue growth (YoY)+7.8%-7.8%+0.1%+5.0%+18.2%---
Other income29.6622560.4227619557.6617.2384.08
EBITDA242278247176205443326317
EBITDA margin+29.1%+31.2%+30.3%+22.1%+25.2%+54.4%+41.8%+41.9%
Depreciation37.6961.0032.1623.9330.7238.2526.9223.41
Interest387419439459450440417363
Profit before tax(153)23.15(164)(31.77)(80.68)22.66(101)15.11
Tax(4.27)54.41(29.22)(23.27)26.29(1.55)(42.39)7.47
Net profit(149)(31.26)(135)(8.50)(107)24.21(58.56)7.64
EPS (₹)(1.90)0.29(2.21)(0.94)(0.33)(0.49)(1.26)(0.57)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue93.7090.8682.1644.4157.0254.7259.57
Revenue growth+3.1%+10.6%+85.0%-22.1%+4.2%-8.1%-
EBITDA13.7430.4621.15(18.65)15.1224.9010.54
EBITDA margin+14.7%+33.5%+25.7%-42.0%+26.5%+45.5%+17.7%
Profit before tax140(66.91)(61.00)(77.88)(35.67)(4.98)23.96
Net profit(131)(68.75)(41.79)(72.27)(33.97)(9.02)(32.62)
Net profit margin-140.0%-75.7%-50.9%-162.7%-59.6%-16.5%-54.8%
EPS (₹)2.07(1.65)(1.23)(1.74)(0.82)(0.22)0.70
Balance sheet
Total assets1,3191,125713827808792738
Net worth683329393441505536544
Total debt626785319386303257194
Cash & bank21467.8811448.6036.0910.192.84
Net working capital588179(331)(330)(241)(71.97)13.39
Cash flow
Cash from operations(174)(186)101(135)180(77.43)(141)
Cash from investing449101(13.27)6.21(260)(4.41)151
Cash from financing(135)69.93(70.09)11490.2789.18(11.04)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue19.0610.0910.7118.204.3017.6517.9214.12
Revenue growth (YoY)+343.3%-42.8%-40.2%+28.9%-49.8%---
Other income22.3523116.5115.5113.6612.0112.7513.17
Total expenses18.7117.399.2119.4512.3324.1713.4012.78
EBITDA0.35(7.30)1.50(1.25)(8.03)(6.52)4.521.34
EBITDA margin+1.9%-80.3%+15.4%-7.3%-243.3%-39.2%+26.7%+10.2%
Depreciation0.610.570.650.620.620.610.590.64
Interest17.8932.4427.0128.7430.2828.5929.4828.91
Profit before tax4.20190(9.65)(15.10)(25.27)(23.71)(12.80)(15.04)
Tax0.5628.283.121.047.44(1.40)2.512.24

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 13 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9121,0308788238461,116877784
Revenue growth (YoY)+7.8%-7.8%+0.1%+5.0%+18.2%---
Other income29.6622560.4227619557.6617.2384.08
EBITDA242278247176205443326317
EBITDA margin+29.1%+31.2%+30.3%+22.1%+25.2%+54.4%+41.8%+41.9%
Depreciation37.6961.0032.1623.9330.7238.2526.9223.41
Interest387419439459450440417363
Profit before tax(153)23.15(164)(31.77)(80.68)22.66(101)15.11
Tax(4.27)54.41(29.22)(23.27)26.29(1.55)(42.39)7.47
Net profit(149)(31.26)(135)(8.50)(107)24.21(58.56)7.64
EPS (₹)(1.90)0.29(2.21)(0.94)(0.33)(0.49)(1.26)(0.57)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue4,0743,5262,2221,334705508506
Revenue growth+15.5%+58.7%+66.6%+89.2%+38.7%+0.4%-
Other income28113518.5931.249.184.8242.37
Total expenses2,6932,1751,254870547288317
Employee cost761698576431259196226
EBITDA1,3811,351968464158221189
EBITDA margin+33.9%+38.3%+43.6%+34.8%+22.4%+43.4%+37.4%
Depreciation14811171.2637.9521.4719.1920.03
Interest1,7671,5641,022636330238199
Profit before tax(253)(188)(107)(179)(184)(32.01)12.66
Tax28.22(39.90)(35.52)4.295.629.8111.95
Net profit(366)(209)(103)(150)(177)(46.87)(33.29)
Net profit margin-9.0%-5.9%-4.6%-11.2%-25.1%-9.2%-6.6%
EPS (₹)(2.84)(4.51)(2.39)(3.60)(4.25)(1.13)0.35
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital20519819819819841.6041.60
Reserves & surplus232238399552633538580
Shareholders' funds (net worth)468435597749831580622
Minority interest1,0061,3461,3021,2831,315197195
Secured loans2,9703,8242,7351,3101,4601,4661,618
Unsecured loans12,93212,6187,8833,8194,497477145
Total debt15,90216,44110,6185,1295,9581,9431,762
Total liabilities19,96121,36412,5187,1618,1032,7202,580
Assets
Gross block1,5601,4251,054825470216228
Net block988955663510405169187
Capital work in progress1641315.075.450.210.080.00
Investments4,1585,2813,9142,5172,86777.8346.76
Inventories0.000.000.000.000.000.000.00
Sundry debtors57.6359.6942.6032.0134.6034.5759.67
Cash & bank balances1,2841,4557947804,630472391
Loans & advances5,3847,063382272199170209
Total current assets6,7258,5781,2191,0844,864677660
Total current liabilities1,5221,2254,8674,5804,392440349
Net working capital5,2037,353(3,648)(3,496)472237311
Total assets19,96121,36412,5187,1618,1032,7202,580
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash9086705994,435209169151
Net cash from operating activities(1,814)2,532120(4,091)3,331(40.37)(178)
Net cash from investing activities1,458(1,704)(1,552)157158(56.26)133
Net cash from financing activities436(590)1,50397.0673713762.52
Net change in cash79.6723870.88(3,837)4,22640.2817.72
Closing cash1,2841,4557947804,630472391
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+15.5%+58.7%+66.6%+89.2%+38.7%+0.4%-
EBITDA growth+2.2%+39.6%+108.4%+194.1%-28.5%+16.7%-
PBT growth-34.3%-76.6%+40.3%+3.1%-475.9%--94.8%
Net income growth-75.4%-102.7%+31.2%+15.4%-277.1%-40.8%-
Revenue CAGR (3Y)+45.1%+71.0%+63.5%+38.1%-11.9%-62.8%-58.3%
EBITDA CAGR (3Y)+43.8%+104.5%+63.7%+34.9%-25.1%+13.8%+12.8%
Profitability & leverage
Net income margin-6.9%-4.2%-3.2%-13.7%-26.9%-8.2%+0.1%
Return on capital employed0.0%0.0%0.0%0.0%0.0%+8.4%+6.0%
Return on net worth0.0%0.0%0.0%0.0%0.0%-7.0%-7.7%
Debt / equity35.8226.2211.707.015.603.082.94
Long-term debt / equity15.8617.0910.436.595.572.992.79
Interest cover143.30126.11113.97149.21241.79118.27117.56
Efficiency & per share
Fixed asset turnover2.922.952.392.112.082.312.62
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover74.2371.5960.0741.0020.6510.897.73
EPS (₹)(2.84)(4.51)(2.39)(3.60)(4.25)(1.13)0.35
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)5.776.7110.5914.2616.2213.9314.94
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue19.0610.0910.7118.204.3017.6517.9214.12
Revenue growth (YoY)+343.3%-42.8%-40.2%+28.9%-49.8%---
Other income22.3523116.5115.5113.6612.0112.7513.17
Total expenses18.7117.399.2119.4512.3324.1713.4012.78
EBITDA0.35(7.30)1.50(1.25)(8.03)(6.52)4.521.34
EBITDA margin+1.9%-80.3%+15.4%-7.3%-243.3%-39.2%+26.7%+10.2%
Depreciation0.610.570.650.620.620.610.590.64
Interest17.8932.4427.0128.7430.2828.5929.4828.91
Profit before tax4.20190(9.65)(15.10)(25.27)(23.71)(12.80)(15.04)
Tax0.5628.283.121.047.44(1.40)2.512.24
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue93.7090.8682.1644.4157.0254.7259.57
Revenue growth+3.1%+10.6%+85.0%-22.1%+4.2%-8.1%-
Other income24816.9914.7013.746.141.0740.11
Total expenses79.9660.4061.0163.0641.9029.8249.03
Employee cost24.6729.7628.7032.7119.8616.8124.19
EBITDA13.7430.4621.15(18.65)15.1224.9010.54
EBITDA margin+14.7%+33.5%+25.7%-42.0%+26.5%+45.5%+17.7%
Depreciation2.462.351.681.701.852.172.65
Interest11811295.1771.2755.0828.7824.04
Profit before tax140(66.91)(61.00)(77.88)(35.67)(4.98)23.96
Tax39.881.82(9.65)(5.51)(1.64)4.04(5.29)
Net profit(131)(68.75)(41.79)(72.27)(33.97)(9.02)(32.62)
Net profit margin-140.0%-75.7%-50.9%-162.7%-59.6%-16.5%-54.8%
EPS (₹)2.07(1.65)(1.23)(1.74)(0.82)(0.22)0.70
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital48.6841.6041.6041.6041.6041.6041.60
Reserves & surplus604287352400464494502
Shareholders' funds (net worth)683329393441505536544
Secured loans437630306306272240133
Unsecured loans18815513.4079.5430.9516.9761.07
Total debt626785319386303257194
Total liabilities1,3191,125713827808792738
Assets
Gross block15.5316.057.069.6514.7014.7014.98
Net block6.418.752.073.765.187.179.57
Capital work in progress0.000.000.000.000.000.000.00
Investments721902925937961629618
Inventories0.000.000.000.000.000.000.00
Sundry debtors6.6923.186.082.243.013.397.03
Cash & bank balances21467.8811448.6036.0910.192.84
Loans & advances4072749.705.8212.7137.0279.70
Total current assets62836513056.6651.8150.6089.57
Total current liabilities39.3418546038729312376.18
Net working capital588179(331)(330)(241)(71.97)13.39
Total assets1,3191,125713827808792738
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash7.9022.695.3320.2610.142.804.02
Net cash from operating activities(174)(186)101(135)180(77.43)(141)
Net cash from investing activities449101(13.27)6.21(260)(4.41)151
Net cash from financing activities(135)69.93(70.09)11490.2789.18(11.04)
Net change in cash140(14.80)17.37(14.93)10.127.34(1.22)
Closing cash21467.8811448.6036.0910.192.84
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+3.1%+10.6%+85.0%-22.1%+4.2%-8.1%-
EBITDA growth-54.9%+44.0%+213.4%-223.4%-39.3%+136.2%-
PBT growth+9998.0%-9.7%+21.7%-118.3%-616.3%--90.2%
Net income growth-90.8%-64.5%+42.2%-112.8%-276.6%+72.4%-
Revenue CAGR (3Y)+28.3%+16.8%+14.5%-9.3%-53.2%+9.2%+15.3%
EBITDA CAGR (3Y)-+26.3%-5.3%--61.2%--
Profitability & leverage
Net income margin+107.3%-75.6%-62.5%-163.0%-59.7%-16.5%+49.1%
Return on capital employed+4.3%+4.9%+5.7%-0.8%+2.4%+3.1%-2.0%
Return on net worth-25.9%-19.0%-10.0%-15.3%-6.5%-1.7%-5.9%
Debt / equity1.391.530.850.730.540.420.35
Long-term debt / equity0.610.810.850.730.540.410.29
Interest cover1,050.35398.47488.80-350.22415.07126.62304.69
Efficiency & per share
Fixed asset turnover21.629.3311.594.784.303.765.77
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover22.857.3723.2822.1519.7410.7124.31
EPS (₹)2.07(1.65)(1.23)(1.74)(0.82)(0.22)0.70
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)13.417.919.4610.6012.1512.8813.07

Timeline of Centrumforex

2 dated milestones of Centrumforex across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Centrumforex is founded.
  2. Exit Acquired by Ebix.
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Frequently Asked Questions about Centrumforex

Centrumforex was founded in 2015.

Centrumforex is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Centrumforex has 48 employees.

The primary company behind Centrumforex, Centrum Capital Limited, reported revenue of ₹4,354 Cr for FY 2026, up 16% year on year.

Centrumforex was founded in 2015 in Mumbai, India, and operates within the financial services sector focused on foreign exchange. Currency buying and selling are facilitated, alongside cross-border money transfers. Prepaid forex cards and travel insurance products are offered to users. Forex rates can be locked for 24 hours through a 2 transaction fee. Services are accessible via the domain centrumforex.com.

Yes, Centrumforex is publicly traded on NSE under the ticker symbol CENTRUM.

Centrumforex has 1 investor. Key investors include Ebix.

Centrumforex operates through Centrum Capital Limited.

Yes. Centrumforex was acquired by Ebix in April 2018.

The legal entities of Centrumforex currently have 12 directors, including Anjali Karamnarayan Seth, Radhamangalam Anantharaman Sankaranarayanan, Rishad Khushrooh Byramjee and others.

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