About DSR Forex
DSR Forex is a Financial Services company. It operates as a foreign exchange and money transfer services in India. Its Indian entity Dsr Forex Private Limited reported revenue of ₹3.07 Cr. DSR Forex offers products and services including Foreign Exchange and Western Union Transfer. Its focus areas include Money Transfer, Remittance Services, International Transfers and Foreign Exchange.
Company details
DSR Forex is recognized as one of the fastest growing foreign exchange companies in Andhra Pradesh, with operations established in 1995 and authorized by RBI. Services such as buying and selling foreign currencies, travellers cheques, Western Union transfers, and cash advances against credit cards are provided across 10 locations in the region. The company is noted for its service excellence and competitive exchange rates, serving corporate and individual clients while emphasizing technology and accessibility. Its presence extends across India, drawing on Indian heritage for reliable payment solutions.
- SectorsFinancial Services
- Email••••••••
- Legal Name Dsr Forex Pvt. Ltd
- Date of Incorporation 26 Jun, 2002
- Jurisdiction Rajahmundry, Andhra Pradesh, India
- Annual Revenue₹3.07 Cr
FY 2022 · +402% YoY
- Net Profit₹30,490
FY 2022 · 0% margin
- EBITDA₹14 Lakh
FY 2022 · 5% margin
Associated legal entities of DSR Forex
DSR Forex operates through Dsr Forex Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dsr Forex Private Limited CIN U67120AP2002PTC039194 | Active | 26 Jun 2002 | Rajahmundry, Andhra Pradesh | ₹3.1 Cr | – | 2 | View details |
Products & Services of DSR Forex
DSR Forex offers a comprehensive portfolio of products and services, including Foreign Exchange and Western Union Transfer.
Buying and selling of foreign currencies are handled to meet client requirements.
Money transfers via Western Union are facilitated for domestic and international purposes.
Board of directors of Dsr Forex Private Limited (DSR Forex)
Dsr Forex Private Limited is the primary company behind DSR Forex. The board of Dsr Forex Private Limited currently have 2 directors; the longest-serving is Pardhasaradhi Dondapati, appointed in 2002.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pardhasaradhi Dondapati DIN 01623960 | Director | 26 Jun 2002 | 24 yrs 3 mo | Dsr Forex Private Limited |
| Sankara Rao Dondapati DIN 01628716 | Director | 26 Jun 2002 | 24 yrs 3 mo | Dsr Forex Private Limited |
Financials of DSR Forex
Figures of Dsr Forex Private Limited, the primary company behind DSR Forex, for FY 2022. Revenue was ₹3.07 Cr (+402% year on year). Net profit was ₹30,490 (0% margin). EBITDA was ₹14 Lakh (5% margin). Revenue has grown at a compounded annual rate of +47% over three years and -20% over five years.
- ₹3.07 CrRevenue · FY 2022 · +402% YoY
- ₹30,490Net profit · 0% margin
- ₹14 LakhEBITDA · 5% margin
- ₹38.5 LakhPaid-up capital
- +47%Revenue CAGR, 3 years
- -20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Dsr Forex Private Limited are on its company page.
Detailed financial statements for DSR Forex
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
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Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as DSR Forex (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
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Frequently Asked Questions about DSR Forex
The primary company behind DSR Forex, Dsr Forex Private Limited, reported revenue of ₹3.07 Cr for FY 2022, up 402% year on year.
DSR Forex is recognized as one of the fastest growing foreign exchange companies in Andhra Pradesh, with operations established in 1995 and authorized by RBI. Services such as buying and selling foreign currencies, travellers cheques, Western Union transfers, and cash advances against credit cards are provided across 10 locations in the region. The company is noted for its service excellence and competitive exchange rates, serving corporate and individual clients while emphasizing technology and accessibility. Its presence extends across India, drawing on Indian heritage for reliable payment solutions.
DSR Forex offers Foreign Exchange and Western Union Transfer.
DSR Forex operates through Dsr Forex Private Limited.
The legal entities of DSR Forex currently have 2 directors, including Pardhasaradhi Dondapati, Sankara Rao Dondapati.