BSE:511147

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Executive Summary

Wall Street Finance Limited, a financial services company, engages in foreign exchange business in India.


Snowflake Analysis

Excellent balance sheet second-rate dividend payer.


Similar Companies

Share Price & News

How has Wall Street Finance's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 511147 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-10.6%

511147

1.5%

IN Consumer Finance

1.3%

IN Market


1 Year Return

-44.4%

511147

-18.5%

IN Consumer Finance

-8.7%

IN Market

Return vs Industry: 511147 underperformed the Indian Consumer Finance industry which returned -18.5% over the past year.

Return vs Market: 511147 underperformed the Indian Market which returned -8.7% over the past year.


Shareholder returns

511147IndustryMarket
7 Day-10.6%1.5%1.3%
30 Day-9.7%18.3%5.1%
90 Day2.2%33.9%30.2%
1 Year-40.5%-44.4%-17.9%-18.5%-7.0%-8.7%
3 Year-31.9%-42.5%34.6%31.8%1.7%-3.0%
5 Year-38.4%-47.9%143.7%133.8%27.6%17.9%

Price Volatility Vs. Market

How volatile is Wall Street Finance's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Wall Street Finance undervalued compared to its fair value and its price relative to the market?

0.48x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 511147's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 511147's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 511147 is unprofitable, so we can't compare its PE Ratio to the Consumer Finance industry average.

PE vs Market: 511147 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 511147's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 511147 is good value based on its PB Ratio (0.5x) compared to the IN Consumer Finance industry average (0.6x).


Next Steps

Future Growth

How is Wall Street Finance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.9%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Wall Street Finance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Wall Street Finance performed over the past 5 years?

19.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 511147 is currently unprofitable.

Growing Profit Margin: 511147 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 511147 is unprofitable, but has reduced losses over the past 5 years at a rate of 19% per year.

Accelerating Growth: Unable to compare 511147's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 511147 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (4.4%).


Return on Equity

High ROE: 511147 has a negative Return on Equity (-1.44%), as it is currently unprofitable.


Next Steps

Financial Health

How is Wall Street Finance's financial position?


Financial Position Analysis

Short Term Liabilities: 511147's short term assets (₹386.4M) exceed its short term liabilities (₹143.5M).

Long Term Liabilities: 511147's short term assets (₹386.4M) exceed its long term liabilities (₹3.3M).


Debt to Equity History and Analysis

Debt Level: 511147's debt to equity ratio (25.1%) is considered satisfactory.

Reducing Debt: 511147's debt to equity ratio has reduced from 154.3% to 25.1% over the past 5 years.

Debt Coverage: 511147's debt is well covered by operating cash flow (34.2%).

Interest Coverage: 511147 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Wall Street Finance current dividend yield, its reliability and sustainability?

9.93%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 511147's dividend (9.93%) is higher than the bottom 25% of dividend payers in the Indian market (0.69%).

High Dividend: 511147's dividend (9.93%) is in the top 25% of dividend payers in the Indian market (2.81%)


Stability and Growth of Payments

Stable Dividend: 511147's dividend payments have been volatile in the past 10 years.

Growing Dividend: 511147's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 511147 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Narasimhan Srikrishna (49yo)

2.58yrs

Tenure

₹8,019,000

Compensation

Mr. Narasimhan Srikrishna serves as Chief Executive Officer and Whole-Time Director of Wall Street Finance Ltd since December 22, 2017. Mr. Srikrishna has been Co-Chief Executive Officer of Forex at Wall S ...


CEO Compensation Analysis

Compensation vs Market: Narasimhan's total compensation ($USD107.44K) is above average for companies of similar size in the Indian market ($USD49.50K).

Compensation vs Earnings: Narasimhan's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Narasimhan Srikrishna
CEO, Whole-Time Director & Co-CEO of Forex2.58yrs₹8.02mno data
Dipesh Dharod
Chief Financial Officer4yrs₹3.38mno data
Chaitali Desai
Company Secretary & Compliance Officerno data₹1.11mno data
Manish Tewari
Head of Operationsno datano datano data
Uday Sawant
Senior Vice Presidentno datano datano data
Roshan Dalal
Head of Business - Wholesale Bank Notesno datano datano data
Tarun Khandelwal
Business Head of North & East - Forexno datano datano data
S. Chethan
Business Head - Retail Forex2.58yrsno datano data

2.6yrs

Average Tenure

Experienced Management: 511147's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Narasimhan Srikrishna
CEO, Whole-Time Director & Co-CEO of Forex2.58yrs₹8.02mno data
Sudip Bandyopadhyay
Non Executive Independent Directorno data₹380.00kno data
Brij Daga
Non ­Executive Independent Director10.83yrs₹440.00kno data
Ramesh Venkataraman
Non Executive Chairman0.42yr₹2.91mno data
Asha Shah
Woman Independent Director2.17yrs₹150.00kno data

2.4yrs

Average Tenure

56yo

Average Age

Experienced Board: 511147's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Wall Street Finance Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wall Street Finance Limited
  • Ticker: 511147
  • Exchange: BSE
  • Founded: 1986
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: ₹180.520m
  • Shares outstanding: 11.57m
  • Website: https://wsfx.in

Number of Employees


Location

  • Wall Street Finance Limited
  • 113-122, Chintamani Plaza
  • 1st floor, A Wing
  • Mumbai
  • Maharashtra
  • 400099
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
511147BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2005

Biography

Wall Street Finance Limited, a financial services company, engages in foreign exchange business in India. The company offers travelers cheques, prepaid forex cards, and foreign currency for international travel requirements of individual and business travelers; and outward remittances facility for tour remittance, medical treatment, and other categories. It also provides a range of digital solutions for corporates and agent partners. The company was founded in 1986 and is based in Mumbai, India. Wall Street Finance Limited is a subsidiary of Smartvalue Ventures Private Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 12:51
End of Day Share Price2020/07/06 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.