About WSFx Global Pay
WSFx Global Pay is a publicly listed company based in Mumbai (India) founded in 1986, and was acquired by Ebix in June 2017. It operates as a foreign currency exchange and remittance services are offered online. The company has 284 employees. Its chief executive is Narasimhan Srikrishna. Its Indian entity Wsfx Global Pay Limited reported revenue of βΉ89.12 Cr. Its focus areas include FinTech, Forex Tech, Foreign Currency Services and Diversified. Its competitors include BookMyForex, Travel Wallet, LMAX Exchange, MultiPass and Finseta and 3 more; 6 of its 8 listed competitors have raised funding.
Company details
WSFx Global Pay was established in 1986 in Mumbai, India, within the financial services sector. An online platform is operated for foreign currency exchange and cross-border remittances. Forex prepaid cards are provided for travelers, along with tools supporting currency conversions, international money transfers, and travel insurance options. Operations focus on facilitating secure financial transactions for global users.
- Headquarters Mumbai, India
- Employees 284
- Stage Acquired
- SectorsFinancial Services
- Website category Travel and Tourism · Air Travel
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website wsfx.in
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Ebix (Jun 2017)
- Legal Name Wsfx Global Pay Limited
Associated legal entities of WSFx Global Pay
WSFx Global Pay operates through Wsfx Global Pay Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wsfx Global Pay Limited Listed CIN L99999MH1986PLC039660 | Active | 25 Apr 1986 | Mumbai, Maharashtra | ₹89.1 Cr | 391 | 7 | View details |
Apps and channels of WSFx Global Pay
WSFx Global Pay publishes 2 mobile apps with over 50K+ downloads; its YouTube channel Global Pay WSFx has 529 subscribers and 30 videos.
Videos from WSFx Global Pay
The most watched videos on WSFx Global Pay's YouTube channel, Global Pay WSFx (529 subscribers). Click a video to play it here.
More on Global Pay WSFx.
Investors in WSFx Global Pay
WSFx Global Pay has secured backing from 1 investor. Prominent investors backing the company include Ebix.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SaaS-based software suite for insurance industry is provided. | 1976 | ebix.com | Atlanta, United States |
Investor details for WSFx Global Pay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Wsfx Global Pay Limited (WSFx Global Pay)
Wsfx Global Pay Limited is the primary company behind WSFx Global Pay. The board of Wsfx Global Pay Limited currently have 4 directors; the longest-serving is Ramesh Venkataraman, appointed in 2016. 39 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramesh Venkataraman DIN 03545080 | Director | 12 Oct 2016 | 10 yrs | Wsfx Global Pay Limited |
| Srikrishna Narasimhan DIN 07175251 | Whole-time director | 22 Dec 2017 | 8 yrs 9 mo | Wsfx Global Pay Limited |
| Asha Himanshu Shah DIN 08137628 | Director | 19 May 2018 | 8 yrs 5 mo | Wsfx Global Pay Limited |
| Ravinder Singh Amar DIN 10712600 | Director | 23 Sep 2024 | 2 yrs | Wsfx Global Pay Limited |
People of WSFx Global Pay
29 people are tracked at WSFx Global Pay (9 in leadership, 20 in team); the tracked headcount is 284.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
Kuldeep Pawar | Chief Marketing Officer & Head D2c | Leadership |
Chethan S A | Business Head - Retail & Key Alliances | Leadership |
Sudipto Ray | Branch Head | Leadership |
Rohan Parab | Vice President & Head | Leadership |
N Srikrishna | Chief Executive Officer & Executive Director | Leadership |
Pooja Mishra | Chief Financial Officer | Leadership |
Roshan Dalal | Sr.vice President - Treasury & Ops | Leadership |
Vanishree Visrodia | Business Head - Corporate & Strategic Alliance | Leadership |
Niraj Shetty | Senior Manager Marketing & Communication | Team |
Sajid Shaikh | Digital_tech Support | Team |
Irfan Sultan Ahmed | Trading Specialist | Team |
Shahzian Mubarakai | Corporate Sales Manager | Team |
Praveen Koppikar | Principal Officer | Team |
Vishal Chaurasia | AGM | Team |
Trisha Fernandes | Operations Executive | Team |
Atik Patel | Software Test Engineer | Team |
Deepak Kannaujiya - दीपक कन्नौजिया | Senior Finance Manager | Team |
Mohit Kumar | Senior Sales Executive | Team |
Abhijeet Gawad | Senior Account Executive | Team |
9 more people are available in the full profile.
Complete people profiles for WSFx Global Pay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of WSFx Global Pay
WSFx Global Pay is a publicly listed company on the BSE with ticker symbol WSFX in India, operating in the Commercial services 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.
- IPO date25 Jun 2001
- Listed onBOM: 511147
- Listed entityWSFX Global Pay Limited
- Exchange sectorCommercial services
- ISININE549D01012
- Share price₹63.78 (+2.23% on the day) · 2026-10-14
- Market capitalisation₹79.2 Cr
- Price to earnings12.8
- EPS (diluted, trailing year)₹4.96
- Dividend yield2.44%
- Volume (last session)63
Financials of WSFx Global Pay
Exchange-reported figures of Wsfx Global Pay Limited, the listed company behind WSFx Global Pay (BSE: WSFX).
Financial Highlights
FY 2020-21 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 22.03 | 38.11 | 25.69 | 1,745 | 47.19 | 49.53 | 43.36 |
| Revenue growth | -42.2% | +48.4% | -98.5% | +3598.2% | -4.7% | +14.2% | - |
| EBITDA | (6.12) | 1.32 | 0.75 | 36.53 | 5.38 | 7.22 | 6.61 |
| EBITDA margin | -27.8% | +3.5% | +2.9% | +2.1% | +11.4% | +14.6% | +15.2% |
| Profit before tax | (6.96) | (0.75) | 0.06 | 35.77 | 0.80 | 2.30 | 1.92 |
| Net profit | (3.99) | (0.53) | 0.05 | (2.38) | 0.66 | 1.31 | 1.34 |
| Net profit margin | -18.1% | -1.4% | +0.2% | -0.1% | +1.4% | +2.6% | +3.1% |
| EPS (βΉ) | (4.43) | (0.45) | 0.10 | 23.44 | 0.55 | 1.13 | 1.16 |
| Balance sheet | |||||||
| Total assets | 40.38 | 45.99 | 49.29 | 54.44 | 53.05 | 54.66 | 40.31 |
| Net worth | 29.71 | 36.51 | 39.17 | 38.75 | 17.49 | 16.98 | 15.67 |
| Total debt | 10.10 | 9.15 | 9.75 | 15.52 | 33.82 | 36.02 | 24.18 |
| Cash & bank | 18.48 | 27.30 | 28.46 | 32.78 | 23.74 | 25.99 | 19.47 |
| Net working capital | 25.33 | 33.34 | 37.65 | 48.28 | 44.65 | 44.90 | 33.74 |
| Cash flow | |||||||
| Cash from operations | (8.24) | 3.13 | 3.68 | 37.76 | 4.98 | 3.21 | 26.64 |
| Cash from investing | 7.32 | 0.82 | (11.61) | (0.27) | (0.18) | (5.75) | (0.85) |
| Cash from financing | (1.27) | (4.14) | (7.04) | (27.31) | (6.77) | 7.24 | (22.22) |
| Particulars | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.73 | 9.56 | 5.85 | 6.65 | 4.86 | 6.48 | 3.12 | 9.50 |
| Revenue growth (YoY) | +59.1% | +47.5% | +87.5% | -30.0% | - | - | - | - |
| Other income | 0.22 | 0.25 | 0.22 | 1.02 | 0.22 | 0.26 | 0.25 | 0.49 |
| EBITDA | (1.80) | 0.09 | (1.57) | (2.75) | (1.90) | (0.58) | (1.80) | (1.77) |
| EBITDA margin | -23.3% | +0.9% | -26.8% | -41.4% | -39.1% | -9.0% | -57.7% | -18.6% |
| Depreciation | 0.31 | 0.30 | 0.30 | 0.30 | 0.32 | 0.32 | 0.25 | 0.29 |
| Interest | 0.15 | 0.18 | 0.07 | 0.13 | 0.08 | 0.20 | 0.08 | 0.28 |
| Profit before tax | (2.04) | (0.14) | (1.72) | (2.16) | (2.08) | (0.84) | (1.88) | (1.85) |
| Tax | (0.63) | (0.04) | (0.54) | (0.30) | (0.65) | (0.29) | (0.59) | (0.67) |
| Net profit | (1.41) | (0.10) | (1.18) | (1.86) | (1.43) | (0.55) | (1.29) | (1.18) |
| EPS (βΉ) | (1.22) | (0.08) | (1.02) | (1.60) | (1.23) | (0.48) | (1.12) | (1.01) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 112 | 88.51 | 71.66 | 47.31 | 29.71 | 20.99 | 38.11 |
| Revenue growth | +26.0% | +23.5% | +51.5% | +59.2% | +41.5% | -44.9% | - |
| EBITDA | 14.05 | 10.53 | 7.19 | 3.96 | (3.93) | (6.12) | 1.32 |
| EBITDA margin | +12.6% | +11.9% | +10.0% | +8.4% | -13.2% | -29.2% | +3.5% |
| Profit before tax | 8.03 | 6.63 | 4.12 | 0.90 | (6.35) | (6.96) | (0.75) |
| Net profit | 6.14 | 3.47 | 4.12 | 1.25 | (4.25) | (3.99) | (0.53) |
| Net profit margin | +5.5% | +3.9% | +5.8% | +2.6% | -14.3% | -19.0% | -1.4% |
| EPS (βΉ) | 4.87 | 2.81 | 3.47 | 1.01 | (3.81) | (4.42) | (0.45) |
| Balance sheet | |||||||
| Total assets | 60.30 | 52.45 | 39.13 | 43.61 | 40.79 | 40.38 | 45.99 |
| Net worth | 41.40 | 36.34 | 32.54 | 27.46 | 25.20 | 29.71 | 36.51 |
| Total debt | 17.09 | 13.94 | 4.64 | 14.26 | 14.71 | 10.10 | 9.15 |
| Cash & bank | 68.28 | 29.70 | 27.92 | 17.57 | 22.47 | 18.48 | 27.30 |
| Net working capital | 36.40 | 28.03 | 17.50 | 17.36 | 24.07 | 25.33 | 33.34 |
| Cash flow | |||||||
| Cash from operations | 39.83 | 2.55 | 22.21 | (4.49) | 2.98 | (8.24) | 3.13 |
| Cash from investing | (29.37) | 2.30 | (11.56) | (5.60) | (2.78) | 7.32 | 0.82 |
| Cash from financing | (0.83) | (0.88) | (12.14) | (0.83) | 0.68 | (1.27) | (4.14) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23.23 | 24.95 | 28.35 | 34.96 | 18.21 | 21.80 | 20.07 | 25.90 |
| Revenue growth (YoY) | +27.6% | +14.5% | +41.3% | +35.0% | -2.8% | - | - | - |
| Other income | 1.22 | 1.48 | 1.03 | 0.90 | 0.61 | 0.81 | 0.79 | 0.55 |
| Total expenses | 22.17 | 23.87 | 25.77 | 29.43 | 17.08 | 19.87 | 18.60 | 22.50 |
| EBITDA | 1.06 | 1.08 | 2.58 | 5.53 | 1.13 | 1.93 | 1.47 | 3.40 |
| EBITDA margin | +4.6% | +4.3% | +9.1% | +15.8% | +6.2% | +8.9% | +7.3% | +13.1% |
| Depreciation | 1.15 | 1.15 | 1.17 | 1.14 | 0.99 | 0.98 | 0.77 | 0.70 |
| Interest | 0.54 | 0.39 | 0.45 | 0.42 | 0.59 | 0.48 | 0.32 | 0.11 |
| Profit before tax | 0.59 | 1.02 | 1.99 | 4.87 | 0.16 | 1.28 | 1.17 | 3.14 |
| Tax | 0.28 | 0.46 | 0.24 | 1.19 | 0.00 | 3.16 | 0.00 | 0.00 |
Financial Statements
| Particulars | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.73 | 9.56 | 5.85 | 6.65 | 4.86 | 6.48 | 3.12 | 9.50 |
| Revenue growth (YoY) | +59.1% | +47.5% | +87.5% | -30.0% | - | - | - | - |
| Other income | 0.22 | 0.25 | 0.22 | 1.02 | 0.22 | 0.26 | 0.25 | 0.49 |
| EBITDA | (1.80) | 0.09 | (1.57) | (2.75) | (1.90) | (0.58) | (1.80) | (1.77) |
| EBITDA margin | -23.3% | +0.9% | -26.8% | -41.4% | -39.1% | -9.0% | -57.7% | -18.6% |
| Depreciation | 0.31 | 0.30 | 0.30 | 0.30 | 0.32 | 0.32 | 0.25 | 0.29 |
| Interest | 0.15 | 0.18 | 0.07 | 0.13 | 0.08 | 0.20 | 0.08 | 0.28 |
| Profit before tax | (2.04) | (0.14) | (1.72) | (2.16) | (2.08) | (0.84) | (1.88) | (1.85) |
| Tax | (0.63) | (0.04) | (0.54) | (0.30) | (0.65) | (0.29) | (0.59) | (0.67) |
| Net profit | (1.41) | (0.10) | (1.18) | (1.86) | (1.43) | (0.55) | (1.29) | (1.18) |
| EPS (βΉ) | (1.22) | (0.08) | (1.02) | (1.60) | (1.23) | (0.48) | (1.12) | (1.01) |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Revenue | 22.03 | 38.11 | 25.69 | 1,745 | 47.19 | 49.53 | 43.36 |
| Revenue growth | -42.2% | +48.4% | -98.5% | +3598.2% | -4.7% | +14.2% | - |
| Other income | 0.84 | 0.20 | 0.97 | 2.96 | 0.40 | 0.04 | 0.26 |
| Total expenses | 28.15 | 36.79 | 24.94 | 1,709 | 41.81 | 42.31 | 36.75 |
| Employee cost | 9.84 | 13.13 | 10.40 | 11.82 | 14.23 | 13.37 | 11.38 |
| EBITDA | (6.12) | 1.32 | 0.75 | 36.53 | 5.38 | 7.22 | 6.61 |
| EBITDA margin | -27.8% | +3.5% | +2.9% | +2.1% | +11.4% | +14.6% | +15.2% |
| Depreciation | 1.20 | 0.82 | 0.39 | 0.62 | 0.41 | 0.26 | 0.62 |
| Interest | 0.48 | 1.45 | 1.27 | 3.10 | 4.57 | 4.70 | 4.33 |
| Profit before tax | (6.96) | (0.75) | 0.06 | 35.77 | 0.80 | 2.30 | 1.92 |
| Tax | (1.83) | (0.22) | (0.05) | 8.59 | 0.15 | 0.99 | 0.58 |
| Net profit | (3.99) | (0.53) | 0.05 | (2.38) | 0.66 | 1.31 | 1.34 |
| Net profit margin | -18.1% | -1.4% | +0.2% | -0.1% | +1.4% | +2.6% | +3.1% |
| EPS (βΉ) | (4.43) | (0.45) | 0.10 | 23.44 | 0.55 | 1.13 | 1.16 |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 11.60 | 11.60 | 11.60 | 11.60 | 11.60 | 11.60 | 11.60 |
| Reserves & surplus | 18.11 | 24.91 | 27.57 | 27.15 | 5.89 | 5.38 | 4.07 |
| Shareholders' funds (net worth) | 29.71 | 36.51 | 39.17 | 38.75 | 17.49 | 16.98 | 15.67 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 10.10 | 9.15 | 9.75 | 15.52 | 29.52 | 36.02 | 21.68 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 4.30 | 0.00 | 2.50 |
| Total debt | 10.10 | 9.15 | 9.75 | 15.52 | 33.82 | 36.02 | 24.18 |
| Total liabilities | 40.38 | 45.99 | 49.29 | 54.44 | 53.05 | 54.66 | 40.31 |
| Assets | |||||||
| Gross block | 9.86 | 7.30 | 5.09 | 3.11 | 6.29 | 9.41 | 5.02 |
| Net block | 6.10 | 4.63 | 3.27 | 1.71 | 5.12 | 5.13 | 1.07 |
| Capital work in progress | 0.00 | 2.55 | 2.82 | 2.16 | 0.83 | 0.83 | 0.60 |
| Investments | 0.28 | 0.26 | 0.27 | 0.27 | 0.28 | 0.48 | 1.14 |
| Inventories | 0.65 | 2.83 | 2.01 | 7.68 | 11.48 | 8.95 | 5.48 |
| Sundry debtors | 7.82 | 3.59 | 11.02 | 12.03 | 19.36 | 23.58 | 19.43 |
| Cash & bank balances | 18.48 | 27.30 | 28.46 | 32.78 | 23.74 | 25.99 | 19.47 |
| Loans & advances | 4.55 | 4.82 | 5.41 | 4.64 | 6.46 | 1.58 | 1.39 |
| Total current assets | 31.50 | 38.54 | 46.90 | 57.13 | 61.04 | 60.10 | 45.77 |
| Total current liabilities | 6.17 | 5.20 | 9.25 | 8.85 | 16.39 | 15.20 | 12.03 |
| Net working capital | 25.33 | 33.34 | 37.65 | 48.28 | 44.65 | 44.90 | 33.74 |
| Total assets | 40.38 | 45.99 | 49.29 | 54.44 | 53.05 | 54.66 | 40.31 |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Opening cash | 14.40 | 14.59 | 29.56 | 19.38 | 21.34 | 16.65 | 13.08 |
| Net cash from operating activities | (8.24) | 3.13 | 3.68 | 37.76 | 4.98 | 3.21 | 26.64 |
| Net cash from investing activities | 7.32 | 0.82 | (11.61) | (0.27) | (0.18) | (5.75) | (0.85) |
| Net cash from financing activities | (1.27) | (4.14) | (7.04) | (27.31) | (6.77) | 7.24 | (22.22) |
| Net change in cash | (2.19) | (0.19) | (14.97) | 10.19 | (1.97) | 4.70 | 3.56 |
| Closing cash | 18.48 | 27.30 | 28.46 | 32.78 | 23.74 | 25.99 | 19.47 |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -42.2% | +48.4% | -98.5% | +3598.2% | -4.7% | +14.2% | - |
| EBITDA growth | -563.6% | +76.0% | -98.0% | +579.0% | -25.5% | +9.2% | - |
| PBT growth | -828.0% | - | -99.8% | +4371.3% | -65.2% | +19.8% | -32.2% |
| Net income growth | -652.8% | -1160.0% | +102.1% | -460.6% | -49.6% | -2.2% | - |
| Revenue CAGR (3Y) | -76.7% | -6.9% | -19.7% | +242.7% | +6.7% | +13.0% | - |
| EBITDA CAGR (3Y) | - | -37.4% | -53.0% | +76.8% | -5.7% | +18.0% | - |
| Profitability & leverage | |||||||
| Net income margin | -23.3% | -1.4% | +0.4% | +1.6% | +1.4% | +2.6% | +3.1% |
| Return on capital employed | -12.4% | +1.5% | +2.4% | +1.3% | +9.9% | +14.8% | +12.8% |
| Return on net worth | -12.1% | -1.4% | +0.1% | -8.4% | +3.7% | +8.1% | +8.9% |
| Debt / equity | 0.29 | 0.25 | 0.32 | 0.88 | 2.03 | 1.84 | 2.18 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -6.56 | 290.00 | 352.78 | 8.63 | 91.95 | 67.53 | 72.29 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.67 | 6.18 | 6.50 | 371.94 | 6.06 | 6.87 | 8.34 |
| Inventory turnover | 13.14 | 15.83 | 5.50 | 182.48 | 4.66 | 6.87 | 7.98 |
| Debtors turnover | 4.01 | 5.24 | 2.31 | 111.38 | 2.22 | 2.31 | 1.54 |
| EPS (βΉ) | (4.43) | (0.45) | 0.10 | 23.44 | 0.55 | 1.13 | 1.16 |
| Dividend per share (βΉ) | 0.00 | 1.50 | 1.50 | 4.25 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 25.62 | 31.48 | 33.77 | 33.41 | 15.08 | 14.64 | 13.51 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23.23 | 24.95 | 28.35 | 34.96 | 18.21 | 21.80 | 20.07 | 25.90 |
| Revenue growth (YoY) | +27.6% | +14.5% | +41.3% | +35.0% | -2.8% | - | - | - |
| Other income | 1.22 | 1.48 | 1.03 | 0.90 | 0.61 | 0.81 | 0.79 | 0.55 |
| Total expenses | 22.17 | 23.87 | 25.77 | 29.43 | 17.08 | 19.87 | 18.60 | 22.50 |
| EBITDA | 1.06 | 1.08 | 2.58 | 5.53 | 1.13 | 1.93 | 1.47 | 3.40 |
| EBITDA margin | +4.6% | +4.3% | +9.1% | +15.8% | +6.2% | +8.9% | +7.3% | +13.1% |
| Depreciation | 1.15 | 1.15 | 1.17 | 1.14 | 0.99 | 0.98 | 0.77 | 0.70 |
| Interest | 0.54 | 0.39 | 0.45 | 0.42 | 0.59 | 0.48 | 0.32 | 0.11 |
| Profit before tax | 0.59 | 1.02 | 1.99 | 4.87 | 0.16 | 1.28 | 1.17 | 3.14 |
| Tax | 0.28 | 0.46 | 0.24 | 1.19 | 0.00 | 3.16 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 112 | 88.51 | 71.66 | 47.31 | 29.71 | 20.99 | 38.11 |
| Revenue growth | +26.0% | +23.5% | +51.5% | +59.2% | +41.5% | -44.9% | - |
| Other income | 0.45 | 0.61 | 0.46 | 0.11 | 0.40 | 0.84 | 0.20 |
| Total expenses | 97.47 | 77.98 | 64.47 | 43.35 | 33.64 | 27.11 | 36.79 |
| Employee cost | 25.95 | 23.32 | 19.35 | 13.83 | 10.89 | 9.84 | 13.13 |
| EBITDA | 14.05 | 10.53 | 7.19 | 3.96 | (3.93) | (6.12) | 1.32 |
| EBITDA margin | +12.6% | +11.9% | +10.0% | +8.4% | -13.2% | -29.2% | +3.5% |
| Depreciation | 4.46 | 3.15 | 2.58 | 2.05 | 1.94 | 1.20 | 0.82 |
| Interest | 2.01 | 1.36 | 0.95 | 1.12 | 0.88 | 0.48 | 1.45 |
| Profit before tax | 8.03 | 6.63 | 4.12 | 0.90 | (6.35) | (6.96) | (0.75) |
| Tax | 1.89 | 3.16 | 0.00 | (0.27) | (1.93) | (1.83) | (0.22) |
| Net profit | 6.14 | 3.47 | 4.12 | 1.25 | (4.25) | (3.99) | (0.53) |
| Net profit margin | +5.5% | +3.9% | +5.8% | +2.6% | -14.3% | -19.0% | -1.4% |
| EPS (βΉ) | 4.87 | 2.81 | 3.47 | 1.01 | (3.81) | (4.42) | (0.45) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 12.60 | 12.37 | 11.89 | 11.60 | 11.60 | 11.60 | 11.60 |
| Reserves & surplus | 28.80 | 23.92 | 20.65 | 15.86 | 13.60 | 18.11 | 24.91 |
| Shareholders' funds (net worth) | 41.40 | 36.34 | 32.54 | 27.46 | 25.20 | 29.71 | 36.51 |
| Secured loans | 7.73 | 3.15 | 1.37 | 12.16 | 12.04 | 10.10 | 9.15 |
| Unsecured loans | 9.36 | 10.79 | 3.27 | 2.10 | 2.67 | 0.00 | 0.00 |
| Total debt | 17.09 | 13.94 | 4.64 | 14.26 | 14.71 | 10.10 | 9.15 |
| Total liabilities | 60.30 | 52.45 | 39.13 | 43.61 | 40.79 | 40.38 | 45.99 |
| Assets | |||||||
| Gross block | 25.43 | 23.25 | 12.71 | 11.63 | 13.59 | 9.63 | 7.30 |
| Net block | 13.96 | 13.40 | 6.86 | 6.06 | 7.74 | 6.10 | 4.63 |
| Capital work in progress | 2.55 | 2.78 | 1.20 | 0.71 | 0.00 | 0.00 | 2.55 |
| Investments | 0.18 | 0.31 | 0.29 | 0.35 | 0.31 | 0.28 | 0.27 |
| Inventories | 3.16 | 4.64 | 2.49 | 2.08 | 0.76 | 0.65 | 2.83 |
| Sundry debtors | 28.43 | 23.81 | 17.51 | 21.22 | 10.52 | 7.82 | 3.59 |
| Cash & bank balances | 68.28 | 29.70 | 27.92 | 17.57 | 22.47 | 18.48 | 27.30 |
| Loans & advances | 42.08 | 14.13 | 4.88 | 2.22 | 4.79 | 4.55 | 4.82 |
| Total current assets | 142 | 72.28 | 52.80 | 43.09 | 38.54 | 31.50 | 38.54 |
| Total current liabilities | 106 | 44.25 | 35.30 | 25.73 | 14.47 | 6.17 | 5.20 |
| Net working capital | 36.40 | 28.03 | 17.50 | 17.36 | 24.07 | 25.33 | 33.34 |
| Total assets | 60.30 | 52.45 | 39.13 | 43.61 | 40.79 | 40.38 | 45.99 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.64 | 0.67 | 2.16 | 13.08 | 12.21 | 14.40 | 14.58 |
| Net cash from operating activities | 39.83 | 2.55 | 22.21 | (4.49) | 2.98 | (8.24) | 3.13 |
| Net cash from investing activities | (29.37) | 2.30 | (11.56) | (5.60) | (2.78) | 7.32 | 0.82 |
| Net cash from financing activities | (0.83) | (0.88) | (12.14) | (0.83) | 0.68 | (1.27) | (4.14) |
| Net change in cash | 9.62 | 3.97 | (1.49) | (10.91) | 0.87 | (2.19) | (0.19) |
| Closing cash | 68.28 | 29.70 | 27.92 | 17.57 | 22.47 | 18.48 | 27.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +26.0% | +23.5% | +51.5% | +59.2% | +41.5% | -44.9% | - |
| EBITDA growth | +33.4% | +46.5% | +81.6% | +200.8% | +35.8% | -563.6% | - |
| PBT growth | +21.1% | +60.9% | +357.8% | +9998.0% | +8.8% | -828.0% | - |
| Net income growth | +77.0% | -15.8% | +229.6% | +129.4% | -6.5% | -652.8% | - |
| Revenue CAGR (3Y) | +33.1% | +43.9% | +50.6% | +7.5% | +5.0% | -16.2% | -4.8% |
| EBITDA CAGR (3Y) | +52.5% | - | - | +44.2% | - | +42.8% | -36.4% |
| Profitability & leverage | |||||||
| Net income margin | +5.5% | +3.9% | +5.8% | +2.5% | -14.9% | -24.4% | -1.4% |
| Return on capital employed | +17.8% | +17.5% | +12.3% | +4.8% | -13.5% | -12.4% | +1.5% |
| Return on net worth | +15.8% | +10.1% | +13.7% | +4.4% | -16.1% | -12.1% | -1.4% |
| Debt / equity | 0.40 | 0.27 | 0.31 | 0.55 | 0.45 | 0.29 | 0.25 |
| Long-term debt / equity | 0.20 | 0.15 | 0.05 | 0.06 | 0.03 | 0.00 | 0.00 |
| Interest cover | 20.96 | 18.43 | 20.61 | 58.64 | -14.99 | -6.56 | 290.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.60 | 4.96 | 5.93 | 3.76 | 2.57 | 2.58 | 6.18 |
| Inventory turnover | 28.71 | 25.00 | 31.56 | 33.39 | 42.71 | 12.55 | 15.83 |
| Debtors turnover | 4.29 | 4.31 | 3.72 | 2.99 | 3.28 | 3.83 | 5.24 |
| EPS (βΉ) | 4.87 | 2.81 | 3.47 | 1.01 | (3.81) | (4.42) | (0.45) |
| Dividend per share (βΉ) | 1.50 | 1.50 | 1.00 | 0.00 | 0.00 | 0.00 | 1.50 |
| Book value per share (βΉ) | 32.85 | 29.34 | 27.37 | 23.67 | 21.73 | 25.62 | 31.48 |
Timeline of WSFx Global Pay
3 dated milestones of WSFx Global Pay across 31 years, from founding to its latest funding, stage changes and deals.
- Founded WSFx Global Pay is founded.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Ebix.
Competitors of WSFx Global Pay
WSFx Global Pay has 8 listed competitors in our database, 6 of them funded. They include BookMyForex, Travel Wallet, LMAX Exchange, MultiPass and Finseta, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bookmyforex.com | 2011 | Gurugram, India | $5.59M | 231 | Online foreign exchange and remittance services are facilitated in India. | |
| travel-wallet.com | 2018 | Seoul, South Korea | $31.33M | – | Mobile platform for Asian currency exchange and payments is offered. | |
| lmax.com | 2007 | London, United Kingdom | $300.09M | – | Forex trading services are provided via an electronic exchange platform. | |
| multipass.co | 2017 | London, United Kingdom | $7.21M | – | Cross-border payment solution for businesses | |
| finseta.com | 2010 | London, United Kingdom | $268,531 | – | Multi-currency accounts and international payment solutions are offered by Finseta. | |
| lumonpay.com | 2000 | London, United Kingdom | – | 99 | Online currency exchange and money transfers are facilitated. | |
| buyforex.com | 2015 | Mumbai, India | – | 1,461 | Foreign currency is bought and sold via an online platform. | |
| 4xlabs.co | 2011 | Singapore | $1.5M | – | Provides tailored solutions for forex exchange services to meet client needs. |
Detailed competitors of WSFx Global Pay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of WSFx Global Pay
The website of WSFx Global Pay (wsfx.in) receives about 7.1K visits a month and ranks #2,567,612 among all websites worldwide, #5,455 in Air Travel.
- Monthly visits7.1K
▼ 7.8% vs previous month
- Unique visitors3.5K
per month
- Global rank#2,567,612
among all websites
- Category rank#5,455
Travel and Tourism · Air Travel
- Bounce rate30%
- Pages per visit2.1
- Average visit1 min 35 sec
- DevicesDesktop 50% Β· Mobile 50%
Websites whose visitors overlap most with WSFx Global Pay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
orientexchange.in | orientexchange.in | 100% | – | #215,934 | β |
| buyforex.com | 85% | 17.7K | #1,283,795 | View details | |
| extravelmoney.com | 84% | 102.2K | #388,899 | View details | |
| ebixcash.com | 74% | 144.5K | #198,337 | View details | |
| thomascook.in | 67% | 1.1M | #51,681 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 6 similar websites and full traffic analytics for WSFx Global Pay
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Forex Tech
10 companies that operate in the same segment as WSFx Global Pay (Forex Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border remittances are enabled for individuals and businesses via apps. | 2011 | London, United Kingdom | USD 396.83 M | USD 2.71 B | 11,760 | |
Cross-border payments are processed for businesses via tools and APIs. | 2015 | Singapore, Singapore, Singapore | USD 1.9 B | – | 2,947 | |
Cross-border payroll solutions are provided for global migrant workers. | 2021 | Berlin, Berlin, Germany | USD 38.93 M | – | – | |
Online platform for trading in forex, options, and CFDs | 1992 | Copenhagen, Denmark | USD 546.08 M | – | 1 | |
International payments are enabled online for consumers and businesses. | 2016 | Sao Paulo, Brazil | USD 21.53 M | – | – | |
Online foreign exchange and remittance services are facilitated in India. | 2011 | Gurugram, Haryana, India | USD 5.59 M | USD 1.17 M | 146 | |
An online platform is utilized for trading forex and CFDs. | 1995 | San Francisco, California, United States | USD 117.05 M | USD 317.42 | – | |
Online cross-border remittance platform for individuals | 2019 | San Francisco, California, United States | USD 60 M | – | – | |
Trading in CFDs, forex, cryptocurrencies, and indices is enabled online. | 2008 | London, England, United Kingdom | – | USD 809.63 M | 633 | |
NFC-enabled travel cards and wallets are provided for travelers. | 2018 | Singapore, Singapore | USD 105.5 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Wsfx Global Pay
Complete news archive for WSFx Global Pay
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about WSFx Global Pay
WSFx Global Pay was founded in 1986.
WSFx Global Pay is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Narasimhan Srikrishna is the current CEO of WSFx Global Pay.
WSFx Global Pay has 284 employees.
The primary company behind WSFx Global Pay, Wsfx Global Pay Limited, reported revenue of βΉ89.12 Cr for FY 2025, up 24% year on year.
WSFx Global Pay was established in 1986 in Mumbai, India, within the financial services sector. An online platform is operated for foreign currency exchange and cross-border remittances. Forex prepaid cards are provided for travelers, along with tools supporting currency conversions, international money transfers, and travel insurance options. Operations focus on facilitating secure financial transactions for global users.
WSFx Global Pay's top competitors include BookMyForex, Travel Wallet and LMAX Exchange.
Yes, WSFx Global Pay is publicly traded on BSE under the ticker symbol WSFX.
WSFx Global Pay has 1 investor. Key investors include Ebix.
WSFx Global Pay operates through Wsfx Global Pay Limited.
Yes. WSFx Global Pay was acquired by Ebix in June 2017.
The legal entities of WSFx Global Pay currently have 6 directors, including Asha Himanshu Shah, Ramesh Venkataraman, Srikrishna Narasimhan and others.

