WSFx FY26 net profit jumps 77% to ₹6.14 crore
WSFx Global Pay announced its audited financial results for FY26, reporting a net profit of ₹6.14 crore, a 77% increase from the previous year. Total income rose to ₹111.96 crore, driven by a 26% growth in revenue from operations. The company maintained a zero-debt balance sheet and achieved an EBITDA margin of 13%. The board recommended a final dividend of ₹1.50 per share. Management highlighted the impact of the new RBI FEMA 2026 regulations as a key growth driver.
*this image is generated using AI for illustrative purposes only.
wsfx global pay has announced its audited financial results for the quarter and financial year ended March 31, 2026. The board of directors approved the results during a meeting held on May 19, 2026. Following the announcement, the company conducted a conference call on May 21, 2026, to discuss the performance. The audio recording of this call has been made available on the company's website.
Financial Performance
For the financial year ended March 31, 2026, the company reported a total income of ₹111.96 crore, up from ₹89.12 crore in the previous year. Revenue from operations for the year increased to ₹107.94 crore from ₹86.51 crore in FY25. Total expenses for the year rose to ₹103.93 crore compared to ₹82.50 crore in the prior year.
The net profit after tax for FY26 stood at ₹6.14 crore, a significant increase from ₹3.47 crore in the previous year. For the quarter ended March 31, 2026, the company reported a net profit of ₹0.55 crore, compared to a net loss of ₹1.87 crore in the corresponding quarter of the previous year.
| Particulars | Year Ended 31-Mar-26 (Audited) | Year Ended 31-Mar-25 (Audited) |
|---|---|---|
| Total Income | 111.96 | 89.12 |
| Revenue from Operations | 107.94 | 86.51 |
| Other Income | 4.02 | 2.60 |
| Total Expenses | 103.93 | 82.50 |
| Net Profit / (Loss) after tax | 6.14 | 3.47 |
Operational Highlights
The company delivered a Gross Turnover (GTO) of ₹6,382 crore for FY26, a 12% YoY increase. Digital channels contributed 72% of the total GTO, reflecting a structural shift towards asset-light models. The EBITDA margin stood at 13%, while the Return on Equity (ROE) was recorded at 15%. The company maintained a zero-debt balance sheet.
Segment Performance
The student segment grew by 12% YoY in FY26, outperforming the market which contracted by 20% due to geopolitical headwinds. The corporate segment grew by 20% YoY, driven by 900+ enterprise relationships. The retail segment, supported by 21 branches, addressed a TAM of $18.5 billion+.
Dividend Declaration
The board of directors has recommended a final dividend of ₹1.50 per equity share, which is 15% of the face value of ₹10 each, for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders at the ensuing Annual General Meeting.
Strategic Outlook
The company highlighted that the recently announced RBI FEMA 2026 regulatory framework marks a transformational milestone for the AD-II industry. Management expressed confidence in sustaining growth momentum, supported by diversification beyond U.S. student corridors and the expansion of corporate forex relationships.
Historical Stock Returns for WSFX Global Pay
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.95% | +2.27% | +1.36% | +5.95% | -10.62% | +191.68% |
How will the RBI FEMA 2026 regulatory framework specifically impact WSFX Global Pay's competitive positioning relative to larger AD-I category banks in the forex market?
Given the student segment's 12% growth despite a 20% market contraction, which new geographies or corridors beyond the U.S. is the company targeting to sustain this outperformance in FY27?
With digital channels already contributing 72% of GTO, what is the company's roadmap for monetizing its digital infrastructure and could it pursue a B2B white-label forex platform model?
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