WSFx Global Pay Reports Record FY26 Revenue and Profit Growth
WSFx Global Pay Ltd announced its financial results for the fourth quarter and full year ended March 31, 2026. Profit After Tax (PAT) soared by 77% year-on-year to ₹6.14 crore. Revenue crossed the ₹111 crore mark for the first time, reaching ₹111.97 crore, a 26% increase.
The company reported Gross Turnover (GTO) of ₹1,646 crore in Q4 FY26, up 16% year-on-year. Revenue for the quarter grew 22% to ₹27.67 crore, with PAT at ₹0.55 crore.
Key Financials for FY26
For the full fiscal year 2026, WSFx Global Pay achieved record revenue of ₹111.97 crore, a 26% increase from the previous year. PAT more than doubled, rising by 77% to ₹6.14 crore. The company also reported an EBITDA margin of 13% and maintained a zero-debt status with a healthy Return on Equity (ROE) of 15%.
The fourth quarter also showed robust growth, with GTO at ₹1,646 crore (+16% YoY) and revenue at ₹27.67 crore (+22% YoY).
Growth Drivers and Future Plans
The strong financial performance, with PAT growth outpacing revenue growth, suggests improved operational efficiency and profitability. The company's zero-debt status and healthy ROE indicate financial stability and effective capital deployment.
Looking ahead to FY27, WSFx Global Pay is set to pursue further expansion through several strategic initiatives. These include enhancing direct-to-consumer marketing, developing trade payment solutions, building a Forex Correspondent Network, launching a student payment platform, and investing in digital infrastructure for prepaid card issuance. These moves are expected to drive future revenue and profit.
Potential Risks
Despite strong growth, potential risks include increased competition in the fintech and forex sectors, evolving regulatory landscapes, and the successful execution of ambitious growth plans for FY27. Dependence on specific regulatory tailwinds, such as the RBI's FEMA notification, could also pose a risk if policies change.
Key Metrics to Watch
Investors will monitor the company's progress on its FY27 growth priorities, particularly the launch of the Student Payment Platform and the expansion of its Forex Correspondent Network. Continued year-over-year growth in revenue and PAT, alongside the successful implementation of new digital initiatives, will be key metrics.
