Mumbai, May 20: WSFx Global Pay Ltd an RBI-AD II licensed & BSE listed company with 40+ years of Trusted Standard in Global Pa yments, has announced its unaudited financial results for the quarter and full year ended March 31st, 2026 in the Board meeting held on 19th May , 2026.
Key Financial Highlights (Rs. Crore):
|
Particulars |
Q4 FY26] |
Q4 FY25 |
YoY % |
Q3 FY26 |
FY26 |
FY25 |
YoY % |
|
Revenue from Operations (Rs. Crs) |
26.18 |
21.80 |
20% |
28.35 |
107.94 |
86.51 |
25% |
|
Other Income |
1.48 |
0.81 |
84% |
1.03 |
4.02 |
2.60 |
55% |
|
PBT |
1.01 |
1.28 |
-21% |
1.99 |
8.03 |
6.62 |
21% |
|
PAT |
0.55 |
-1.87 |
130% |
1.75 |
6.14 |
3.47 |
77% |
Key Highlights for Q4 FY26
• [Headline performance statement for Q4 FY26] — Total revenue for Q4 FY26 stood at Rs 27.67 Cr, compared to Rs 22.61 Cr in Q4 FY25, reflecting [growth commentary].
• Profit before tax (PBT) for Q4 FY26 stood at Rs 1.01 Cr, down 21% YoY, reflecting [operating leverage commentary].
• Full-year PBT reached Rs 8.03 Cr, [commentary on full-year earnings vs prior year and/or targets].
Commenting on the results, Srikrishna Narasimhan, Whole-Time Director & CEO, GlobalPay, said:
“FY26 has been a defining year for GlobalPay. We close the year with [revenue/profitability milestone], a reflection of the trust our partners, corporate clients, and students place in us. Our diversified model spanning student remittances, B2B distribution, corporate forex, and the GlobalPay Card platform has proven its resilience even as select corridors faced industry-wide headwinds. With a strong foundation now in place, we enter FY27 with confidence, focused on deepening our digital capabilities, expanding our partner network, and continuing to deliver transparent, accessible global payment solutions to every Indian customer we serve.”
More importantly, the recently announced RBI FEMA 2026 regulatory framework marks a transformational milestone for the AD-II industry by significantly expanding the addressable market across non-trade current account transactions and MSME-linked trade remittances. The introduction of the Forex Correspondent Scheme (FCS) further creates the foundation for scalable distribution-led growth, enabling GlobalPay to leverage its technology platform, compliance infrastructure and partner ecosystem to build a broader last-mile cross-border payments network across India.”
Growth & Operating Performance
• Revenue from operations for the full year rose to Rs 107.94 Cr, up 25% YoY, driven by growth across student remittances, B2B distribution, corporate forex, and card programs.
• Net profit after tax for the full year rose to Rs 6.14 Cr, supported by strong operating performance and disciplined cost management.
• Continued improvement in product mix, digital adoption, and partner expansion has enhanced revenue diversification and reduced concentration risk.
Earnings Quality & Tax Normalisation
[Commentary on PAT comparability for Q4 FY26 vs Q4 FY25]
Strategic & Structural Growth Drivers
• The Company continues to scale its prepaid card and outward remittance franchise through expanding distribution partnerships and digital platforms.
• Growth in B2B and institutional partnerships has enhanced volume visibility and margins, partially offsetting softness in select student corridors.
• Ongoing investments in automation, digital channels, and partner integration are expected to further improve operating efficiency and scalability.
Outlook
• The Company remains confident in sustaining growth momentum, supported by diversification beyond U.S. student corridors, expansion of corporate forex relationships, and continued scaling of the GlobalPay Card platform.
• With full-year profitability GlobalPay is well positioned to deliver sustained earnings growth while maintaining strong cost discipline and robust risk management.
• With stronger operating leverage, improving business diversification and the expanding regulatory opportunity under FEMA 2026, GlobalPay believes it is well positioned to deliver sustainable long-term growth while maintaining disciplined risk management and cost controls.
The Board of Directors has recommended a final dividend of 15% (₹1.50 per equity share of face value ₹10 each) for FY25-26, reflecting the Company’s strong financial performance and commitment to shareholder returns, subject to approval at the ensuing Annual General Meeting.