Announcement • 4h
WSFx Global Pay Limited Launches GlobalPay Connect, a Forex Card Distribution Platform WSFx Global Pay Limited announced the launch of GlobalPay Connect, a Forex Card Distribution Platform, a strategic partner initiative that enables RBI-authorized forex businesses to become Authorized GlobalPay Forex Card Distributors. Through the platform, partners can offer secure, multi-currency forex card solutions to their customers while unlocking new business and revenue opportunities. GlobalPay Connect is open to Authorized Dealer Category-II (AD II) Forex Dealers, Full-Fledged Money Changers (FFMCs), and Banks, enabling them to offer GlobalPay's secure multi-currency forex cards as part of their product portfolio. Supporting 30 currencies, accepted in 180+ countries, and equipped with Tap & Pay functionality and seamless load/reload through the GlobalPay App (India's First Global Payments & Transit App), the card provides a convenient and secure payment solution for global travellers. The platform also enables partners to unlock new revenue opportunities while strengthening customer relationships through trusted cross-border payment solutions. Through GlobalPay Connect, Authorized GlobalPay Forex Card Distributors will benefit from a seamless onboarding process, dedicated relationship management, marketing and business development support, operational assistance, and access to GlobalPay's established technology and compliance infrastructure. The platform has been designed to help partners accelerate business growth while delivering a superior forex experience to travellers, students, corporates, and international remitters. The launch marks a significant milestone in GlobalPay's growth journey, strengthening its position from being a forex card issuer to building a wider nationwide distribution ecosystem through strategic partnerships. Reported Earnings • May 21
Full year 2026 earnings released: EPS: ₹4.42 (vs ₹2.87 in FY 2025) Full year 2026 results: EPS: ₹4.42 (up from ₹2.87 in FY 2025). Revenue: ₹1.12b (up 27% from FY 2025). Net income: ₹61.4m (up 77% from FY 2025). Profit margin: 5.5% (up from 3.9% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 19% per year. Announcement • May 11
WSFx Global Pay Limited to Report Q4, 2026 Results on May 19, 2026 WSFx Global Pay Limited announced that they will report Q4, 2026 results on May 19, 2026 Reported Earnings • Feb 12
Third quarter 2026 earnings released: EPS: ₹1.41 (vs ₹0.96 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.41 (up from ₹0.96 in 3Q 2025). Revenue: ₹293.8m (up 41% from 3Q 2025). Net income: ₹17.5m (up 50% from 3Q 2025). Profit margin: 6.0% (up from 5.6% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 24% per year. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹65.32, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 21x in the Consumer Finance industry in India. Total returns to shareholders of 83% over the past three years. Announcement • Jan 31
WSFx Global Pay Limited to Report Q3, 2026 Results on Feb 10, 2026 WSFx Global Pay Limited announced that they will report Q3, 2026 results on Feb 10, 2026 Announcement • Jan 05
Wsfx Global Pay Limited Appoints Gaurang Vora as Senior Vice President and Head – Technology, Effective from January 5, 2026 WSFx Global Pay Limited has appointed Mr. Gaurang Vora as the Senior Vice President & Head – Technology of the Company with effect from January 5, 2026. Mr. Vora is a seasoned technology and delivery leader with over 20 years of cross-industry experience across FinTech, EdTech, Healthcare, and Retail, specializing in digital transformation, platform scaling, and enterprise modernization. He has previously held leadership positions at SBI Life Insurance Ltd, Spice Money, LRN Technologies, Ananta Technologies, and Dimension Data, where he spearheaded large-scale programs in AePS, DMT, BBPS, PPI-UPI, CMS, and Virtualization domains. Notably, he has been recognized as next 100 CIO and is also among the Top 15 Global PMO Influencers and is an award-winning program management professional, with deep expertise in Scaled Agile Framework (SAFe) and governance frameworks. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹62.65, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 26x in the Consumer Finance industry in India. Total returns to shareholders of 109% over the past three years. New Risk • Nov 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (₹957.5m market cap, or US$10.8m). Reported Earnings • Nov 05
Second quarter 2026 earnings released: EPS: ₹2.96 (vs ₹2.62 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.96 (up from ₹2.62 in 2Q 2025). Revenue: ₹358.6m (up 36% from 2Q 2025). Net income: ₹36.7m (up 17% from 2Q 2025). Profit margin: 10% (down from 12% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Announcement • Oct 27
WSFx Global Pay Limited to Report Q2, 2026 Results on Nov 04, 2025 WSFx Global Pay Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 04, 2025 Announcement • Sep 26
WSFx Global Pay Limited Approves Final Dividend for the Financial Year Ended March 31, 2025 WSFx Global Pay Limited in its Annual General Meeting held on September 24, 2025 approved to declare a final dividend of INR 1.50/- per equity share (i.e. 15%) of Face Value of INR 10/- each fully paid for the Financial Year ended March 31, 2025. Declared Dividend • Sep 03
Dividend increased to ₹1.50 Dividend of ₹1.50 is 50% higher than last year. Ex-date: 17th September 2025 Payment date: 24th October 2025 Dividend yield will be 2.4%, which is higher than the industry average of 0.7%. Sustainability & Growth Dividend is covered by earnings (52% earnings payout ratio) but not covered by cash flows (266% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 61% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 29
WSFx Global Pay Limited, Annual General Meeting, Sep 24, 2025 WSFx Global Pay Limited, Annual General Meeting, Sep 24, 2025, at 15:30 Indian Standard Time. Reported Earnings • Jul 23
First quarter 2026 earnings released: EPS: ₹0.13 (vs ₹0.87 in 1Q 2025) First quarter 2026 results: EPS: ₹0.13 (down from ₹0.87 in 1Q 2025). Revenue: ₹190.6m (flat on 1Q 2025). Net income: ₹1.64m (down 84% from 1Q 2025). Profit margin: 0.9% (down from 5.4% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Announcement • Jul 15
WSFx Global Pay Limited to Report Q1, 2026 Results on Jul 22, 2025 WSFx Global Pay Limited announced that they will report Q1, 2026 results on Jul 22, 2025 New Risk • Jun 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹843.3m (US$9.72m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (34% accrual ratio). Market cap is less than US$10m (₹843.3m market cap, or US$9.72m). Minor Risks Dividend is not well covered by cash flows (263% cash payout ratio). Profit margins are more than 30% lower than last year (3.9% net profit margin). Reported Earnings • May 28
Full year 2025 earnings released: EPS: ₹2.87 (vs ₹3.55 in FY 2024) Full year 2025 results: EPS: ₹2.87 (down from ₹3.55 in FY 2024). Revenue: ₹891.2m (up 24% from FY 2024). Net income: ₹34.7m (down 16% from FY 2024). Profit margin: 3.9% (down from 5.8% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Announcement • May 27
Wsfx Global Pay Limited Recommends Final Dividend for the Year Ended March 31, 2025 WSFx Global Pay Limited, at its board meeting held on May 27, 2025 recommended a final dividend of INR 1.50 per equity share (i.e. 15%) of face value of INR 10 per each fully paid for the year ended March 31, 2025, subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM). Announcement • May 16
WSFx Global Pay Limited to Report Q4, 2025 Results on May 27, 2025 WSFx Global Pay Limited announced that they will report Q4, 2025 results on May 27, 2025 New Risk • Feb 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹854.9m (US$9.78m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹854.9m market cap, or US$9.78m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change). Announcement • Feb 12
WSFx Global Pay Limited Announces Resignation of Mr. Gagan Malhotra as Business Head - Retail & Distribution, Effective March 15, 2025 WSFx Global Pay Limited informed that Mr. Gagan Malhotra has tendered his resignation from the designation of Business Head - Retail & Distribution of the Company due to personal aspirations. Mr. Gagan Malhotra has tendered his resignation on February 11, 2025 from the said position, which shall come into effect from close of business hours on March 15, 2025. Reported Earnings • Jan 24
Third quarter 2025 earnings released: EPS: ₹0.96 (vs ₹0.49 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.96 (up from ₹0.49 in 3Q 2024). Revenue: ₹208.6m (up 18% from 3Q 2024). Net income: ₹11.6m (up 106% from 3Q 2024). Profit margin: 5.6% (up from 3.2% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth. Announcement • Jan 11
WSFx Global Pay Limited to Report Q3, 2025 Results on Jan 23, 2025 WSFx Global Pay Limited announced that they will report Q3, 2025 results on Jan 23, 2025 New Risk • Jan 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (₹1.14b market cap, or US$13.2m). Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: ₹2.62 (vs ₹2.10 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.62 (up from ₹2.10 in 2Q 2024). Revenue: ₹264.6m (up 15% from 2Q 2024). Net income: ₹31.4m (up 29% from 2Q 2024). Profit margin: 12% (up from 11% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 71% per year, which means it is significantly lagging earnings growth. Announcement • Oct 31
WSFx Global Pay Limited to Report Q2, 2025 Results on Nov 11, 2024 WSFx Global Pay Limited announced that they will report Q2, 2025 results on Nov 11, 2024 Upcoming Dividend • Sep 06
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 23 October 2024. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.0%). In line with average of industry peers (0.7%). Announcement • Aug 21
WSFx Global Pay Limited, Annual General Meeting, Sep 23, 2024 WSFx Global Pay Limited, Annual General Meeting, Sep 23, 2024, at 15:00 Indian Standard Time. Reported Earnings • Aug 03
First quarter 2025 earnings released: EPS: ₹0.87 (vs ₹0.10 in 1Q 2024) First quarter 2025 results: EPS: ₹0.87 (up from ₹0.10 in 1Q 2024). Revenue: ₹191.9m (up 53% from 1Q 2024). Net income: ₹10.3m (up ₹9.19m from 1Q 2024). Profit margin: 5.4% (up from 0.9% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 72% per year, which means it is significantly lagging earnings growth. Announcement • Aug 01
WSFx Global Pay Limited Announces Retirement of Brij Gopal Daga as an Non-Executive Independent Director, Effective September 23, 2024 WSFx Global Pay Limited at its board meeting held on August 1, 2024, the Board took the note of retirement of Mr. Brij Gopal Daga as an Non-Executive Independent Director from the second term of five consecutive years commencing from September 24, 2019 to September 23, 2024. Announcement • Jul 25
WSFx Global Pay Limited to Report Q1, 2025 Results on Aug 01, 2024 WSFx Global Pay Limited announced that they will report Q1, 2025 results on Aug 01, 2024 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹117, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 21x in the Consumer Finance industry in India. Total returns to shareholders of 440% over the past three years. New Risk • May 25
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹9.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Significant insider selling over the past 3 months (₹9.2m sold). Market cap is less than US$100m (₹1.53b market cap, or US$18.4m). Recent Insider Transactions • May 24
CEO & Whole-Time Director recently sold ₹3.2m worth of stock On the 22nd of May, Narasimhan Srikrishna sold around 30k shares on-market at roughly ₹106 per share. This transaction amounted to 86% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Narasimhan has been a net seller over the last 12 months, reducing personal holdings by ₹4.4m. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹92.36, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 22x in the Consumer Finance industry in India. Total returns to shareholders of 319% over the past three years. Reported Earnings • May 12
Full year 2024 earnings released: EPS: ₹3.55 (vs ₹1.01 in FY 2023) Full year 2024 results: EPS: ₹3.55 (up from ₹1.01 in FY 2023). Revenue: ₹721.2m (up 52% from FY 2023). Net income: ₹41.2m (up 253% from FY 2023). Profit margin: 5.7% (up from 2.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth. Announcement • May 05
WSFx Global Pay Limited to Report Q4, 2024 Results on May 10, 2024 WSFx Global Pay Limited announced that they will report Q4, 2024 results on May 10, 2024 Recent Insider Transactions • Mar 28
Senior VP and Head of Wholesale recently sold ₹246k worth of stock On the 26th of March, Roshan Dalal sold around 3k shares on-market at roughly ₹82.00 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹1.7m. Insiders have been net sellers, collectively disposing of ₹2.0m more than they bought in the last 12 months. New Risk • Mar 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (₹937.9m market cap, or US$11.3m). Recent Insider Transactions • Mar 14
Non Executive Non-Independent Chairman recently sold ₹1.7m worth of stock On the 5th of March, Ramesh Venkataraman sold around 20k shares on-market at roughly ₹84.95 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Ramesh's only on-market trade for the last 12 months. Announcement • Feb 13
WSFx Global Pay Limited Appoints Mandar Athalekar as the Chief Technology Officer WSFx Global Pay Limited announced that Mr. Mandar Athalekar is been appointed as the Chief Technology Officer (Senior Management Personnel) of the Company w.e.f. February 12, 2024. Mr. Mandar Athalekar has 26 years of rich experience in Technology and Business Consulting. He has been providing subject matter expertise and advisory services to both large, mid-size and small organizations worldwide. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹80.78, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 22x in the Consumer Finance industry in India. Total returns to shareholders of 426% over the past three years. Reported Earnings • Jan 26
Third quarter 2024 earnings released: EPS: ₹0.49 (vs ₹0.29 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.49 (up from ₹0.29 in 3Q 2023). Revenue: ₹176.3m (up 53% from 3Q 2023). Net income: ₹5.67m (up 66% from 3Q 2023). Profit margin: 3.2% (up from 3.0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 66% per year, which means it is significantly lagging earnings growth. Announcement • Jan 24
WSFx Global Pay Limited Appoints Khushboo Doshi, as Company Secretary and Compliance Officer Effective January 24, 2024 WSFx Global Pay Limited at the SBM, the board has approved the appointment of Ms. Khushboo Doshi, as Company Secretary and Compliance Officer effective January 24, 2024. Ms. Khushboo Doshi is an Associate Member of theInstitute of Company Secretaries of India (ICSI). She is having experience of over 7 years in the field of Secretarial, Legal and Listing Compliances. She indigenously handled BSE & NSE listed organization. Announcement • Jan 17
WSFx Global Pay Limited to Report Q3, 2024 Results on Jan 24, 2024 WSFx Global Pay Limited announced that they will report Q3, 2024 results on Jan 24, 2024 Announcement • Dec 13
WSFx Global Pay Limited Announces Resignation of Manisha Lakhotia, as Company Secretary & Compliance Officer WSFx Global Pay Limited announced that Ms. Manisha Lakhotia, Company Secretary & Compliance Officer has tendered her resignation from the designation and the same shall be effective from close of business hours on 27th December 2023 due to her personal reasons. Announcement • Dec 07
WSFx Global Pay Limited Announces the Resignation of Mr. Giridharan Venkatesan as Chief Technology Officer WSFx Global Pay Limited announced the resignation of Mr. Giridharan Venkatesan as Chief Technology Officer effective from close of business hours on 23 December 2023 due to his personal reasons. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹63.54, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 20x in the Consumer Finance industry in India. Total returns to shareholders of 346% over the past three years. Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: ₹2.10 (vs ₹0.80 in 2Q 2023) Second quarter 2024 results: EPS: ₹2.10 (up from ₹0.80 in 2Q 2023). Revenue: ₹230.8m (up 62% from 2Q 2023). Net income: ₹24.4m (up 161% from 2Q 2023). Profit margin: 11% (up from 6.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Announcement • Oct 26
WSFx Global Pay Limited to Report Q2, 2024 Results on Nov 02, 2023 WSFx Global Pay Limited announced that they will report Q2, 2024 results on Nov 02, 2023 Announcement • Sep 13
WSFx Global Pay Limited Appoints Gagan Malhotra as Senior Vice President- Digital Business WSFx Global Pay Limited announce the appointment of Mr. Gagan Malhotra as Senior Vice President- Digital Business of the Company effective from September 13, 2023 and he will be an integral part of the Core Senior Management Team of the Company. Mr. Gagan has a rich experience of more than 25 years in the foreign exchange industry. He has an extensive knowledge in forex product development, process designing, sales and marketing etc. In his Last Role he has served as a Business Head for Foreign exchange business with FCM Travel solutions India (P) ltd overseeing large-scale corporate as well AD2 business, both online and offline. Announcement • Aug 18
Wsfx Global Pay Limited, Annual General Meeting, Sep 12, 2023 Wsfx Global Pay Limited, Annual General Meeting, Sep 12, 2023, at 16:00 Indian Standard Time. Announcement • Aug 17
Wsfx Global Pay Limited Appoints Ilamparithi J as Chief Product Officer Wsfx Global Pay Limited announced the appointment of Mr. Ilamparithi J as Chief Product Officer of the Company effective from 14th August 2023 and he will be an integral part of the Core Senior Management Team of the Company. Mr. Ilamparithi J holds MBA degree from the Bharathidasan Institute of Management (BIM, Trichy), B. Tech from the AC Tech, Anna University in the field of Leather Technology and also a Diploma in Leather Technology from the erstwhile Institute of Leather Technology, Chennai, Tamilnadu. He has completed an Advanced Program in Fintech and Financial Blockchain from IIM Calcutta.Mr. Ilamparithi J brings a diverse range of experience to his role with a strong background in the Foreign Exchange Business, including Digital, Retail, and Remittances, he has held key positions in his previous employment at Thomas Cook India Limited. Notably, he led the AP/Telengana Region as State Head, overseeing the Forex Business and driving profitability. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹48.32, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 19x in the Consumer Finance industry in India. Total returns to shareholders of 251% over the past three years. Reported Earnings • Aug 04
First quarter 2024 earnings released: EPS: ₹0.10 (vs ₹0.51 loss in 1Q 2023) First quarter 2024 results: EPS: ₹0.10 (up from ₹0.51 loss in 1Q 2023). Revenue: ₹125.5m (up 47% from 1Q 2023). Net income: ₹1.13m (up ₹7.06m from 1Q 2023). Profit margin: 0.9% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 45% per year. Announcement • Jul 28
Wsfx Global Pay Limited to Report Q1, 2024 Results on Aug 03, 2023 Wsfx Global Pay Limited announced that they will report Q1, 2024 results on Aug 03, 2023 Announcement • May 13
Wsfx Global Pay Limited to Report Q4, 2023 Results on May 19, 2023 Wsfx Global Pay Limited announced that they will report Q4, 2023 results on May 19, 2023 Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: ₹0.29 (vs ₹1.22 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹0.29 (up from ₹1.22 loss in 3Q 2022). Revenue: ₹115.6m (up 46% from 3Q 2022). Net income: ₹3.41m (up ₹17.6m from 3Q 2022). Profit margin: 3.0% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Announcement • Feb 02
Wsfx Global Pay Limited to Report Q3, 2023 Results on Feb 13, 2023 Wsfx Global Pay Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Woman Independent Director Asha Shah was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: ₹0.80 (vs ₹0.08 loss in 2Q 2022) Second quarter 2023 results: EPS: ₹0.80 (up from ₹0.08 loss in 2Q 2022). Revenue: ₹142.3m (up 45% from 2Q 2022). Net income: ₹9.34m (up ₹10.3m from 2Q 2022). Profit margin: 6.6% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Aug 26
Wall Street Finance Limited, Annual General Meeting, Sep 29, 2022 Wall Street Finance Limited, Annual General Meeting, Sep 29, 2022, at 16:00 Indian Standard Time. Announcement • Aug 12
Wall Street Finance Limited Appoints Pooja Mishra as Chief Financial Officer Wall Street Finance Limited at its board meeting held on August 11, 2022, approved the appointment of Pooja Mishra as the Chief Financial Officer of the Company in terms of Section 203 of the Companies Act, 2013. Pooja is a qualified Chartered Accountant with 18+years of experience in areas of Accounts, Finance, Audit Taxation, Budgeting, MIS, Fund Planning & Fund Management with leading Organizations. Currently, She is working as the FinancialController of the Company. Announcement • Aug 07
Wall Street Finance Limited to Report Q1, 2023 Results on Aug 11, 2022 Wall Street Finance Limited announced that they will report Q1, 2023 results on Aug 11, 2022 Announcement • Jun 01
Wall Street Finance Limited Announces Resignation of Dipesh Ramniklal Dharod, CFO Wall Street Finance Limited inform that Mr. Dipesh Ramniklal Dharod has tendered his resignation from the post of Chief Financial Officer and Key Managerial Personnel (KMP) of the Company w.e.f 31st May, 2022 after the closure of business hours. Announcement • May 18
Wall Street Finance Limited to Report Q4, 2022 Results on May 27, 2022 Wall Street Finance Limited announced that they will report Q4, 2022 results on May 27, 2022 Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Woman Independent Director Asha Shah was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Woman Independent Director Asha Shah was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 10
Wall Street Finance Limited to Report Q3, 2022 Results on Feb 10, 2022 Wall Street Finance Limited announced that they will report Q3, 2022 results on Feb 10, 2022 Announcement • Dec 30
Wall Street Finance Limited Announces Branch Closure Intimation Wall Street Finance Limited announced that the Company is having two branches in Goa state and due to the continuous COVID-19 pandemic impact on the business of the Company, the management with the approval of Board has decided to close the branch of Panjim/Panaji in the Goa state with effect from 31 st December, 2021. Board Change • Dec 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Woman Independent Director Asha Shah was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 15
Second quarter 2022 earnings released: ₹0.08 loss per share (vs ₹0.48 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: ₹98.1m (up 46% from 2Q 2021). Net loss: ₹970.0k (loss narrowed 83% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 18
First quarter 2022 earnings released: ₹1.02 loss per share (vs ₹1.12 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹60.7m (up 80% from 1Q 2021). Net loss: ₹11.8m (loss narrowed 8.9% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 130 percentage points per year, which is a significant difference in performance. Executive Departure • Jul 01
Company Secretary & Compliance Officer Chaitali Desai has left the company On the 30th of June, Chaitali Desai's tenure as Company Secretary & Compliance Officer ended. We don't have any record of a personal shareholding under Chaitali's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.50 years. Reported Earnings • May 28
Full year 2021 earnings released: ₹4.43 loss per share (vs ₹0.45 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: ₹228.6m (down 40% from FY 2020). Net loss: ₹51.4m (loss widened ₹46.1m from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 134 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 02
New 90-day high: ₹15.47 The company is up 4.0% from its price of ₹14.82 on 02 December 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 17% over the same period. Executive Departure • Feb 26
Non Executive Independent Director has left the company On the 24th of February, Sudip Bandyopadhyay's tenure in the role of Non Executive Independent Director ended. We don't have any record of a personal shareholding under Sudip's name. A total of 2 executives have left over the last 12 months. Announcement • Feb 25
Wall Street Finance Limited Announces Resignation of Sudip Bandyopadhyay as Independent Director Wall Street Finance Limited announced that the company has received resignation letter dated February 24, 2021 from Mr. Sudip Bandyopadhyay, Independent Director. The board of directors has taken the resignation on record with immediate effect. Reported Earnings • Feb 12
Third quarter 2021 earnings released: ₹1.23 loss per share (vs ₹0.009 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: ₹50.8m (down 45% from 3Q 2020). Net loss: ₹14.2m (down ₹14.3m from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 10
New 90-day high: ₹15.36 The company is up 8.0% from its price of ₹14.25 on 12 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 27% over the same period. Is New 90 Day High Low • Jan 20
New 90-day high: ₹15.16 The company is up 6.0% from its price of ₹14.24 on 22 October 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 36% over the same period. Reported Earnings • Nov 12
Second quarter 2021 earnings released: ₹0.48 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: ₹67.4m (down 35% from 2Q 2020). Net loss: ₹5.61m (down 234% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 100% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 29
New 90-day low: ₹13.06 The company is down 12% from its price of ₹14.90 on 31 July 2020. The Indian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 5.0% over the same period. Announcement • Aug 04
Wall Street Finance Limited to Report Q1, 2021 Results on Aug 12, 2020 Wall Street Finance Limited announced that they will report Q1, 2021 results on Aug 12, 2020 
