About Delphi World Money Limited
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Delphi World Money Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Ebixcash World Money Limited. It operates in the forex services segment of the financial services sector. It was incorporated on 09 October 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65990MH1985PLC037697. Its GSTIN is 27AABCC7143A1Z5 (Maharashtra). The company holds 20 GST registrations, of which 12 are active. Its shares are listed on BSE: 533452 and NSE: EBIXFOREX.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹49.05 Cr. It was formerly known as Chanakya Holdings Private Limited and Chanakya Holdings Limited. It is led by directors including Hariprasad Meenoth Panichikkil (Whole-Time Director) and Tiruvanamalai Chandrashekaran Guruprasad.
Its last annual general meeting (AGM) was held on 01 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8th Floor Manek Plaza Kalina Cst Road Kolekalyan Santacruz (E), Mumbai, Maharashtra, India – 400098.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹194.04 Cr. For the same year it recorded a net profit of ₹3.1 Cr (net margin 1.6%) and EBITDA of ₹3.7 Cr (EBITDA margin 1.9%).
The company has about 204 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Weizmann Forex and Delphi World Money. As per MCA filings, the company has open charges of ₹40.26 Cr and satisfied charges of ₹317.77 Cr on record. Court records list 16 cases involving the company, including 11 filed by the company and 6 filed against it; 3 cases are pending. The company has 26 deals on record (25 market trades, 1 acquisition); the latest was in February 2026. Its 7 peer companies in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 3 smaller; the largest is Bikram Forex and Travels Private Limited with revenue of ₹79.6 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiaforexonline.com.
Company details
Name history
Delphi World Money has undergone 5 name changes throughout its history. The current legal name is Delphi World Money Limited.
| Company Name | Status |
|---|---|
| Delphi World Money Limited | Current |
| Chanakya Holdings Private Limited | Previous |
| Chanakya Holdings Limited | Previous |
| Ebixcash World Money India Limited | Previous |
| Ebixcash World Money Exchange Limited | Previous |
| Weizmann Forex Limited | Previous |
CIN history
Delphi World Money has one previous CIN (Corporate Identification Number): U65990MH1985PLC037697. The current CIN is L65990MH1985PLC037697, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65990MH1985PLC037697 | Current |
| U65990MH1985PLC037697 | Previous |
Contact details
Delphi World Money Limited's registered office is in Mumbai, Maharashtra. Its website is indiaforexonline.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address8th Floor Manek Plaza Kalina Cst Road Kolekalyan Santacruz (E), Mumbai, Maharashtra, India – 400098
- IndustryFinancial Services, Forex Services
To see the full contact details of Delphi World Money Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Delphi World Money operates two associated brands: Weizmann Forex and Delphi World Money. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Foreign currency exchange platform | weizmannforex.com | |
| Foreign exchange services are provided, including forex transactions and remittances. | indiaforexonline.com |
Business activity
The main business activity of Delphi World Money is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Delphi World Money Limited, buy the company report.
Financials of Delphi World Money Limited
FY 2025-26 filings availableDelphi World Money Limited reported revenue of ₹194.04 Cr for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2010-11 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 194 | 9,164 | 7,696 | 5,994 | 4,789 | 3,461 |
| Revenue growth | - | +19.1% | +28.4% | +25.2% | - | - |
| EBITDA | 3.70 | (52.48) | 58.23 | 51.23 | 49.63 | 24.80 |
| EBITDA margin | +1.9% | -0.6% | +0.8% | +0.9% | +1.0% | +0.7% |
| Profit before tax | 11.00 | (33.55) | 50.85 | 36.55 | 35.02 | 19.66 |
| Net profit | 3.10 | 2.05 | 32.82 | 21.43 | 14.78 | 12.62 |
| Net profit margin | +1.6% | +0.0% | +0.4% | +0.4% | +0.3% | +0.4% |
| EPS (₹) | 0.16 | 0.00 | 28.44 | 18.00 | 11.25 | 10.59 |
| Balance sheet | ||||||
| Total assets | - | 203 | 302 | 192 | 169 | 130 |
| Net worth | - | 105 | 179 | 126 | 89.89 | 44.69 |
| Total debt | - | 55.95 | 119 | 63.11 | 77.58 | 85.26 |
| Cash & bank | - | 88.03 | 163 | 36.17 | 47.52 | 56.05 |
| Net working capital | - | 147 | 191 | 111 | 109 | 81.12 |
| Cash flow | ||||||
| Cash from operations | - | (5.43) | 63.58 | 23.84 | 13.84 | - |
| Cash from investing | - | 16.27 | 20.46 | (8.46) | (9.36) | - |
| Cash from financing | - | (43.28) | (10.75) | (14.19) | (28.83) | - |
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 68.52 | 63.92 | 49.66 | 11.94 | 12.57 | 12.58 | 14.29 | 15.28 |
| Revenue growth (YoY) | +445.1% | +408.1% | +247.5% | -21.9% | - | - | - | - |
| Other income | 10.64 | 8.14 | 0.81 | 4.61 | 4.74 | 4.92 | 5.07 | 4.50 |
| EBITDA | (3.12) | 1.81 | 2.72 | 2.28 | 2.95 | (13.24) | (3.94) | 1.14 |
| EBITDA margin | -5.1% | +3.2% | +6.3% | +50.9% | +70.2% | -247.5% | -57.6% | +15.8% |
| Depreciation | 1.13 | 1.77 | 0.81 | 0.22 | 0.27 | 0.50 | 0.18 | 0.20 |
| Interest | 4.06 | 7.76 | 0.57 | 0.57 | 0.70 | 0.76 | 0.86 | 0.71 |
| Profit before tax | 2.33 | 0.42 | 2.15 | 6.10 | 6.72 | (9.58) | 0.09 | 4.73 |
| Tax | 4.20 | 0.02 | 2.31 | 1.59 | 3.84 | (3.76) | (0.06) | 1.17 |
| Net profit | (1.87) | 0.40 | (0.16) | 4.51 | 2.88 | (5.82) | 0.15 | 3.56 |
| EPS (₹) | (0.08) | 0.12 | (0.15) | 4.06 | 2.58 | (5.23) | 0.15 | 0.00 |
| 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 | 44.74 | 73.82 | 96.95 | 97.74 | 72.50 | 118 | 181 |
| Revenue growth | -39.4% | -23.9% | -0.8% | +34.8% | -38.5% | -34.9% | - |
| EBITDA | 4.36 | 6.24 | 25.99 | 23.15 | 18.05 | 64.18 | 105 |
| EBITDA margin | +9.8% | +8.5% | +26.8% | +23.7% | +24.9% | +54.5% | +57.8% |
| Profit before tax | 10.75 | 1.98 | 22.66 | 21.44 | 13.97 | 57.97 | 60.42 |
| Net profit | 5.77 | (8.96) | 15.97 | 15.02 | 7.95 | 40.91 | 39.57 |
| Net profit margin | +12.9% | -12.1% | +16.5% | +15.4% | +11.0% | +34.7% | +21.9% |
| EPS (₹) | 0.31 | 1.76 | 13.65 | 13.52 | 7.12 | 36.64 | 35.22 |
| Balance sheet | |||||||
| Total assets | - | 280 | 288 | 244 | 257 | 236 | 234 |
| Net worth | - | 224 | 222 | 207 | 192 | 184 | 143 |
| Total debt | - | 27.63 | 30.97 | 0.62 | 31.28 | 33.36 | 75.22 |
| Cash & bank | - | 81.63 | 55.76 | 71.69 | 79.51 | 64.74 | 34.38 |
| Net working capital | - | 174 | 268 | 228 | 233 | 200 | 149 |
| Cash flow | |||||||
| Cash from operations | - | (4.37) | (31.59) | 39.78 | 28.71 | 31.58 | 22.66 |
| Cash from investing | - | 37.11 | (17.29) | (17.51) | (26.92) | (1.53) | (5.42) |
| Cash from financing | - | (7.06) | 28.16 | (32.61) | (5.30) | 0.88 | (72.80) |
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.49 | 11.38 | 11.94 | 11.94 | 12.56 | 12.58 | 14.29 | 15.28 |
| Revenue growth (YoY) | -24.4% | -9.5% | -16.5% | -21.9% | -19.0% | - | - | - |
| Other income | 0.33 | 0.66 | 2.78 | 4.61 | 4.74 | 4.92 | 5.07 | 4.50 |
| Total expenses | 9.35 | 10.94 | 10.43 | 9.66 | 9.62 | 25.82 | 18.23 | 14.14 |
| EBITDA | 0.14 | 0.44 | 1.51 | 2.28 | 2.94 | (13.24) | (3.94) | 1.14 |
| EBITDA margin | +5.1% | +10.4% | +29.5% | +50.9% | +23.4% | -105.2% | -57.6% | +7.5% |
| Depreciation | 0.22 | 0.22 | 0.21 | 0.22 | 0.27 | 0.50 | 0.18 | 0.20 |
| Interest | 0.04 | 0.14 | 0.37 | 0.57 | 0.70 | 0.76 | 0.86 | 0.71 |
| Profit before tax | 0.21 | 0.74 | 3.71 | 6.10 | 6.71 | (9.58) | 0.09 | 4.73 |
| Tax | 1.99 | 0.49 | 1.07 | 1.59 | 3.84 | (3.76) | (0.06) | 1.17 |
Financial Statements
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 68.52 | 63.92 | 49.66 | 11.94 | 12.57 | 12.58 | 14.29 | 15.28 |
| Revenue growth (YoY) | +445.1% | +408.1% | +247.5% | -21.9% | - | - | - | - |
| Other income | 10.64 | 8.14 | 0.81 | 4.61 | 4.74 | 4.92 | 5.07 | 4.50 |
| EBITDA | (3.12) | 1.81 | 2.72 | 2.28 | 2.95 | (13.24) | (3.94) | 1.14 |
| EBITDA margin | -5.1% | +3.2% | +6.3% | +50.9% | +70.2% | -247.5% | -57.6% | +15.8% |
| Depreciation | 1.13 | 1.77 | 0.81 | 0.22 | 0.27 | 0.50 | 0.18 | 0.20 |
| Interest | 4.06 | 7.76 | 0.57 | 0.57 | 0.70 | 0.76 | 0.86 | 0.71 |
| Profit before tax | 2.33 | 0.42 | 2.15 | 6.10 | 6.72 | (9.58) | 0.09 | 4.73 |
| Tax | 4.20 | 0.02 | 2.31 | 1.59 | 3.84 | (3.76) | (0.06) | 1.17 |
| Net profit | (1.87) | 0.40 | (0.16) | 4.51 | 2.88 | (5.82) | 0.15 | 3.56 |
| EPS (₹) | (0.08) | 0.12 | (0.15) | 4.06 | 2.58 | (5.23) | 0.15 | 0.00 |
| Particulars | FY 2025-26 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2010-11 |
|---|---|---|---|---|---|---|
| Revenue | 194 | 9,164 | 7,696 | 5,994 | 4,789 | 3,461 |
| Revenue growth | - | +19.1% | +28.4% | +25.2% | - | - |
| Other income | 24.20 | 26.09 | 3.88 | 0.80 | 2.73 | 4.71 |
| Total expenses | 190 | 9,216 | 7,638 | 5,943 | 4,740 | 3,436 |
| Employee cost | 0.00 | 54.23 | 48.62 | 41.54 | 36.80 | 26.75 |
| EBITDA | 3.70 | (52.48) | 58.23 | 51.23 | 49.63 | 24.80 |
| EBITDA margin | +1.9% | -0.6% | +0.8% | +0.9% | +1.0% | +0.7% |
| Depreciation | 3.94 | 2.73 | 4.45 | 4.62 | 4.77 | 2.40 |
| Interest | 12.96 | 4.43 | 6.81 | 10.86 | 12.57 | 7.45 |
| Profit before tax | 11.00 | (33.55) | 50.85 | 36.55 | 35.02 | 19.66 |
| Tax | 8.12 | (20.13) | 17.96 | 13.41 | 13.22 | 7.04 |
| Net profit | 3.10 | 2.05 | 32.82 | 21.43 | 14.78 | 12.62 |
| Net profit margin | +1.6% | +0.0% | +0.4% | +0.4% | +0.3% | +0.4% |
| EPS (₹) | 0.16 | 0.00 | 28.44 | 18.00 | 11.25 | 10.59 |
| Particulars | FY 2025-26 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2010-11 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | - | 11.13 | 11.56 | 11.56 | 11.56 | 11.56 |
| Reserves & surplus | - | 93.56 | 167 | 114 | 78.33 | 33.13 |
| Shareholders' funds (net worth) | - | 105 | 179 | 126 | 89.89 | 44.69 |
| Minority interest | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | - | 55.95 | 119 | 63.11 | 77.58 | 85.02 |
| Unsecured loans | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 |
| Total debt | - | 55.95 | 119 | 63.11 | 77.58 | 85.26 |
| Total liabilities | - | 203 | 302 | 192 | 169 | 130 |
| Assets | ||||||
| Gross block | - | 10.54 | 45.62 | 41.22 | 68.64 | 63.21 |
| Net block | - | 7.92 | 38.59 | 38.91 | 39.13 | 54.14 |
| Capital work in progress | - | 0.00 | 0.23 | 0.00 | 0.00 | 0.00 |
| Investments | - | 0.38 | 72.84 | 42.56 | 17.60 | 0.01 |
| Inventories | - | 30.19 | 24.25 | 23.65 | 14.07 | 16.65 |
| Sundry debtors | - | 31.56 | 59.74 | 96.34 | 84.88 | 46.00 |
| Cash & bank balances | - | 88.03 | 163 | 36.17 | 47.52 | 56.05 |
| Loans & advances | - | 87.55 | 27.08 | 42.58 | 44.88 | 42.90 |
| Total current assets | - | 237 | 274 | 199 | 191 | 162 |
| Total current liabilities | - | 90.39 | 82.74 | 87.72 | 81.95 | 80.48 |
| Net working capital | - | 147 | 191 | 111 | 109 | 81.12 |
| Total assets | - | 203 | 302 | 192 | 169 | 130 |
| Particulars | FY 2025-26 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2010-11 |
|---|---|---|---|---|---|---|
| Opening cash | - | 58.11 | (15.18) | (16.18) | 71.86 | - |
| Net cash from operating activities | - | (5.43) | 63.58 | 23.84 | 13.84 | - |
| Net cash from investing activities | - | 16.27 | 20.46 | (8.46) | (9.36) | - |
| Net cash from financing activities | - | (43.28) | (10.75) | (14.19) | (28.83) | - |
| Net change in cash | - | (32.44) | 73.29 | 1.20 | (24.34) | - |
| Closing cash | - | 88.03 | 163 | 36.17 | 47.52 | - |
| Particulars | FY 2025-26 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2010-11 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | - | +19.1% | +28.4% | +25.2% | - | - |
| EBITDA growth | - | -190.1% | +13.7% | +3.2% | - | - |
| PBT growth | +9998.0% | - | +39.1% | +4.4% | +78.1% | +9997.0% |
| Net income growth | - | -93.8% | +53.2% | +45.0% | - | - |
| Revenue CAGR (3Y) | -68.1% | +24.2% | +30.5% | - | - | - |
| EBITDA CAGR (3Y) | -58.4% | - | +32.9% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +1.5% | -0.2% | +0.4% | +0.4% | +0.5% | +0.4% |
| Return on capital employed | - | -5.5% | +23.3% | +26.2% | +28.2% | +20.9% |
| Return on net worth | - | -0.9% | +21.4% | +21.2% | +24.2% | +28.2% |
| Debt / equity | - | 0.62 | 0.59 | 0.65 | 0.86 | 1.91 |
| Long-term debt / equity | - | 0.08 | 0.09 | 0.15 | 0.20 | 0.27 |
| Interest cover | -5,400.00 | -8.02 | 12.66 | 23.30 | 28.02 | 33.26 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 327.27 | 177.33 | 109.14 | 69.81 | 54.83 |
| Inventory turnover | - | 337.61 | 321.50 | 317.86 | 340.57 | 208.17 |
| Debtors turnover | - | 201.31 | 98.67 | 66.16 | 56.45 | 75.35 |
| EPS (₹) | 0.16 | 0.00 | 28.44 | 18.00 | 11.25 | 10.59 |
| Dividend per share (₹) | 0.00 | 0.00 | 1.00 | 3.00 | 7.50 | 2.00 |
| Book value per share (₹) | 0.00 | 94.08 | 154.77 | 108.80 | 77.73 | 38.66 |
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.49 | 11.38 | 11.94 | 11.94 | 12.56 | 12.58 | 14.29 | 15.28 |
| Revenue growth (YoY) | -24.4% | -9.5% | -16.5% | -21.9% | -19.0% | - | - | - |
| Other income | 0.33 | 0.66 | 2.78 | 4.61 | 4.74 | 4.92 | 5.07 | 4.50 |
| Total expenses | 9.35 | 10.94 | 10.43 | 9.66 | 9.62 | 25.82 | 18.23 | 14.14 |
| EBITDA | 0.14 | 0.44 | 1.51 | 2.28 | 2.94 | (13.24) | (3.94) | 1.14 |
| EBITDA margin | +5.1% | +10.4% | +29.5% | +50.9% | +23.4% | -105.2% | -57.6% | +7.5% |
| Depreciation | 0.22 | 0.22 | 0.21 | 0.22 | 0.27 | 0.50 | 0.18 | 0.20 |
| Interest | 0.04 | 0.14 | 0.37 | 0.57 | 0.70 | 0.76 | 0.86 | 0.71 |
| Profit before tax | 0.21 | 0.74 | 3.71 | 6.10 | 6.71 | (9.58) | 0.09 | 4.73 |
| Tax | 1.99 | 0.49 | 1.07 | 1.59 | 3.84 | (3.76) | (0.06) | 1.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 44.74 | 73.82 | 96.95 | 97.74 | 72.50 | 118 | 181 |
| Revenue growth | -39.4% | -23.9% | -0.8% | +34.8% | -38.5% | -34.9% | - |
| Other income | 8.38 | 0.14 | 0.17 | 1.78 | 0.92 | 0.64 | 0.43 |
| Total expenses | 40.38 | 67.58 | 70.96 | 74.59 | 54.45 | 53.67 | 76.37 |
| Employee cost | 0.00 | 10.14 | 11.29 | 10.14 | 9.75 | 6.38 | 24.10 |
| EBITDA | 4.36 | 6.24 | 25.99 | 23.15 | 18.05 | 64.18 | 105 |
| EBITDA margin | +9.8% | +8.5% | +26.8% | +23.7% | +24.9% | +54.5% | +57.8% |
| Depreciation | 0.87 | 1.15 | 0.90 | 0.91 | 1.33 | 1.34 | 32.40 |
| Interest | 1.12 | 3.25 | 2.60 | 2.58 | 3.67 | 5.51 | 12.17 |
| Profit before tax | 10.75 | 1.98 | 22.66 | 21.44 | 13.97 | 57.97 | 60.42 |
| Tax | 5.13 | 0.02 | 7.46 | 6.42 | 6.04 | 17.18 | 21.23 |
| Net profit | 5.77 | (8.96) | 15.97 | 15.02 | 7.95 | 40.91 | 39.57 |
| Net profit margin | +12.9% | -12.1% | +16.5% | +15.4% | +11.0% | +34.7% | +21.9% |
| EPS (₹) | 0.31 | 1.76 | 13.65 | 13.52 | 7.12 | 36.64 | 35.22 |
| 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 | - | 11.13 | 11.13 | 11.13 | 11.13 | 11.13 | 11.13 |
| Reserves & surplus | - | 212 | 211 | 196 | 181 | 173 | 132 |
| Shareholders' funds (net worth) | - | 224 | 222 | 207 | 192 | 184 | 143 |
| Secured loans | - | 23.18 | 25.71 | 0.00 | 12.48 | 32.65 | 24.53 |
| Unsecured loans | - | 4.45 | 5.26 | 0.62 | 18.80 | 0.71 | 50.69 |
| Total debt | - | 27.63 | 30.97 | 0.62 | 31.28 | 33.36 | 75.22 |
| Total liabilities | - | 280 | 288 | 244 | 257 | 236 | 234 |
| Assets | |||||||
| Gross block | - | 6.75 | 5.68 | 11.79 | 12.79 | 13.18 | 92.65 |
| Net block | - | 3.62 | 2.53 | 3.41 | 3.93 | 5.43 | 54.85 |
| Capital work in progress | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 | 0.38 |
| Inventories | - | 3.19 | 2.15 | 2.94 | 1.17 | 1.82 | 9.84 |
| Sundry debtors | - | 31.73 | 58.40 | 46.21 | 48.69 | 53.19 | 12.29 |
| Cash & bank balances | - | 81.63 | 55.76 | 71.69 | 79.51 | 64.74 | 34.38 |
| Loans & advances | - | 87.04 | 184 | 170 | 148 | 136 | 117 |
| Total current assets | - | 204 | 300 | 291 | 278 | 256 | 174 |
| Total current liabilities | - | 29.55 | 31.97 | 62.53 | 44.67 | 55.55 | 25.19 |
| Net working capital | - | 174 | 268 | 228 | 233 | 200 | 149 |
| Total assets | - | 280 | 288 | 244 | 257 | 236 | 234 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 12.69 | 33.41 | 43.75 | 47.26 | 16.33 | 71.89 |
| Net cash from operating activities | - | (4.37) | (31.59) | 39.78 | 28.71 | 31.58 | 22.66 |
| Net cash from investing activities | - | 37.11 | (17.29) | (17.51) | (26.92) | (1.53) | (5.42) |
| Net cash from financing activities | - | (7.06) | 28.16 | (32.61) | (5.30) | 0.88 | (72.80) |
| Net change in cash | - | 25.68 | (20.72) | (10.34) | (3.51) | 30.93 | (55.56) |
| Closing cash | - | 81.63 | 55.76 | 71.69 | 79.51 | 64.74 | 34.38 |
| 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 | -39.4% | -23.9% | -0.8% | +34.8% | -38.5% | -34.9% | - |
| EBITDA growth | -30.1% | -76.0% | +12.3% | +28.3% | -71.9% | -38.6% | - |
| PBT growth | +442.9% | -91.3% | +5.7% | +53.5% | -75.9% | -4.1% | +9998.0% |
| Net income growth | +164.4% | -156.1% | +6.3% | +88.9% | -80.6% | +3.4% | - |
| Revenue CAGR (3Y) | -22.9% | +0.6% | -6.3% | -18.6% | -80.1% | -75.2% | -68.9% |
| EBITDA CAGR (3Y) | -42.7% | -29.8% | -26.0% | -39.5% | - | +2.6% | +26.9% |
| Profitability & leverage | |||||||
| Net income margin | +12.6% | +2.7% | +15.7% | +15.4% | +10.9% | +34.6% | +21.7% |
| Return on capital employed | - | +6.4% | +9.5% | +9.6% | +7.2% | +27.0% | +33.2% |
| Return on net worth | - | -4.0% | +7.1% | +7.5% | +4.2% | +24.9% | +31.6% |
| Debt / equity | - | 0.13 | 0.07 | 0.08 | 0.17 | 0.33 | 0.53 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.14 |
| Interest cover | 32.09 | 63.85 | 10.36 | 11.60 | 21.95 | 8.77 | 16.87 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 11.90 | 11.12 | 8.68 | 5.65 | 2.24 | 3.41 |
| Inventory turnover | - | 27.70 | 38.16 | 48.43 | 49.11 | 20.32 | 9.06 |
| Debtors turnover | - | 1.64 | 1.86 | 2.10 | 1.44 | 3.62 | 8.27 |
| EPS (₹) | 0.31 | 1.76 | 13.65 | 13.52 | 7.12 | 36.64 | 35.22 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 200.90 | 199.22 | 185.75 | 172.54 | 165.49 | 128.93 |
To see the full year-wise statements and ratios of Delphi World Money Limited, buy the company report.
Board of directors of Delphi World Money Limited
Delphi World Money has 7 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tiruvanamalai Chandrashekaran Guruprasad Also directs: Ebix Money Express Private Limited, Ebixcash World Money Global Ifsc Private Limited, Ebixcash World Money Limited and 3 more | Director | 12 Nov 2024 | 1 Years 11 Months | Current |
| Hariprasad Meenoth Panichikkil | Whole-Time Director | 11 Feb 2022 | 4 Years 8 Months | Current |
| Shri Pal Goel Also directs: Vikas Lifecare Limited | Director | 12 Nov 2024 | 1 Years 11 Months | Current |
| Ajai Kumar Also directs: Authum Investment & Infrastructure Limited, HFCL Limited, Nukleus Office Solutions Limited and 5 more | Director | 08 Jan 2025 | 1 Years 9 Months | Current |
| Vani Mahajan Also directs: Ebixcash World Money Limited | Director | 08 Jan 2025 | 1 Years 9 Months | Current |
| Bhawna Sharma | Director | 14 Feb 2026 | 0 Years 8 Months | Current |
Peer comparison
Delphi World Money Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Delphi World Money Limitedthis company | ₹194.04 Cr (FY 2026) | ₹3.1 Cr | 1.6% | 204 | Mumbai, Maharashtra, India | |
| Bikram Forex and Travels Private Limited | ₹79.6 Cr (FY 2024) | 459.0% | Batala, Punjab, India | |||
| Swift Forex Services Private Limited | ₹77.5 Cr (FY 2024) | 545.0% | Hyderabad, Telangana, India | |||
| Efficient Forex Private Limited | ₹74.29 Cr (FY 2025) | 56.0% | Mumbai, Maharashtra, India | |||
| Flyfox Forex Private Limited | ₹74.01 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| Ultimate Exchange Private Limited | ₹73.41 Cr (FY 2018) | 3719.0% | New Delhi, Delhi, India | |||
| Dilkush Forex Solutions Private Limited | ₹72.47 Cr (FY 2024) | 47.0% | Chennai, Tamil Nadu, India | |||
| Kanji Forex Private Limited | ₹72.08 Cr (FY 2025) | 480.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Delphi World Money Limited, buy the company report.
Auditor
Delphi World Money Limited is audited by T R Chadha & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T R Chadha & Co LLP | FY 2023 | 006711N/N500028 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 61.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 38.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 61.30% | 61.30% | 61.30% | 75.00% |
| Public | 38.70% | 38.70% | 38.70% | 25.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2025 | 101232068 | Hdfc Bank Limited | ₹3.5 Cr | Satisfied | |
| 22 Dec 2023 | 100831109 | Others | ₹30.26 Cr | Satisfied | |
| 05 Nov 2018 | 100219998 | Others | ₹25 Cr | Satisfied | |
| 06 Sep 2018 | 100212601 | Hdfc Bank Limited | ₹10 Cr | Satisfied | |
| 21 May 2018 | 100181971 | Others | ₹5.4 Lakh | Satisfied |
To see the full charge records of Delphi World Money Limited, buy the company report.
Total charge records: 25 View all charges
Deals & funding
Delphi World Money Limited has 26 deals on record (25 market trades, 1 acquisition); the latest was in February 2026.
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Market trade | ₹1.82 Cr | Buyer: Vistaar Trading Service Private Limited Seller: Vistaar Trading Service Private Limited |
| Feb 2026 | Market trade | ₹2.2 Cr | Buyer: Vistaar Trading Service Private Limited , MSB E-Trade Securities Limited Seller: Vistaar Trading Service Private Limited , MSB E-Trade Securities Limited |
| Feb 2026 | Market trade | ₹2.52 Cr | Buyer: Vistaar Trading Service Private Limited Seller: Vistaar Trading Service Private Limited |
| Jan 2026 | Market trade | ₹2.2 Cr | Seller: G G Engineering Limited |
| Jan 2026 | Market trade | ₹2.17 Cr | Buyer: Integra Essentia Limited |
To see the full deal history of Delphi World Money Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Delphi World Money Limited has 16 court cases on record: 11 filed by Delphi World Money, 6 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 3 | 2 |
| District courts | 5 | 3 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Writ petition | Filed against the company by Delphi World Money Ltd and 1 other | Pending |
| High Court, CHANDIGARH (UT) | Writ petition | Filed by the company against Delphi World Money Ltd and 4 others | Pending |
| Bombay High Court | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Circle 1 3 1 Mumbai | Pending |
| District court, Pune, Maharashtra | Court case (Reg.Sum.Suit) | Filed by the company against Trivium Media Group and 2 others | Pending |
| District court, Central, Delhi | Commercial suit | Filed against the company by Multitude Growth Funds Limited | Disposed |
To see the full case history of Delphi World Money Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Delphi World Money Limited was last rated by Care on 12 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 12 Mar 2021 |
To see the full credit ratings and regulatory alerts of Delphi World Money Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Delphi World Money Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Delphi World Money Limited has a workforce of 204 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Delphi World Money has 20 GST registrations: 12 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC7143A1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 03AABCC7143A1ZF | Punjab | Active | 01 Jul 2017 |
| 07AABCC7143A1Z7 | Delhi | Active | 01 Jul 2017 |
| 08AABCC7143A1Z5 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Delphi World Money Limited, buy the company report.
Recent activity
Delphi World Money Limited has 64 board changes on record since 2005: 37 appointments and 27 cessations. The latest: Bhawna Sharma was appointed as Director on 14 Feb 2026.
111 earlier events are in the company report.
News
Frequently asked questions
Delphi World Money is an active public limited company based in Mumbai, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 09 October 1985 (41+ years old) and is registered under CIN L65990MH1985PLC037697. Listed on BSE: 533452 and NSE: EBIXFOREX.
Delphi World Money reported revenue of ₹194.04 Cr for FY 2025-26 based on consolidated financials.
Delphi World Money has 7 current directors:
- Hariprasad Meenoth Panichikkil - Whole-Time Director
- Tiruvanamalai Chandrashekaran Guruprasad - Director
- Shri Pal Goel - Director
- Ajai Kumar - Director
- Vani Mahajan - Director
- Bhawna Sharma - Director
- Kamal Ghildiyal - Director
The latest financial statements of Delphi World Money on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Delphi World Money is 27AABCC7143A1Z5, registered in Maharashtra. The company has 20 GST registrations in all, of which 12 are active and 8 are cancelled or inactive. Other active GSTINs include 03AABCC7143A1ZF (Punjab), 07AABCC7143A1Z7 (Delhi), 08AABCC7143A1Z5 (Rajasthan).
The CIN (Corporate Identification Number) of Delphi World Money is L65990MH1985PLC037697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Delphi World Money is listed on both BSE (code: 533452) and NSE (symbol: EBIXFOREX).
Delphi World Money has 16 court cases on record: 11 filed by the company and 6 filed against it. 3 are pending. Most are in the high courts.
Delphi World Money was incorporated on 09 October 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Delphi World Money has 26 deals on record (25 market trades, 1 acquisition); the latest was in February 2026.
The peers of Delphi World Money by revenue are Bikram Forex and Travels Private Limited, Swift Forex Services Private Limited, Efficient Forex Private Limited, Flyfox Forex Private Limited, Ultimate Exchange Private Limited and 2 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).