WSFx Global Pay Ltd
WSFx Global Pay Ltd Reports Strong FY26 Growth 📈 | Revenue Up 26%, PAT Jumps 77%
- FY26 revenue reached INR111 crores, marking 26% growth.
- PAT surged 77% to INR6.14 crores, with the company remaining debt-free.
- Q4 FY26 saw 16% volume growth and 22% revenue growth despite geopolitical volatility.
- Key products: Uni-Z Forex Card (digital-only for students) and Xplorer Metal Card (premium multi-currency).
- RBI’s FEMA 401/2026 circular expands market scope for trade remittances and Forex Correspondent (FXC) network.
- Student segment remains a growth driver despite a 20% market contraction.
- Corporate segment grew at 95.62% CAGR.
- Strategic priorities for FY27: D2C expansion, trade payments, FXC scaling, and digital transformation (targeting 80% digital transactions).
- Dividend of 15% recommended, reflecting confidence in business stability.
- Challenges include competition in retail forex and margin pressures.