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Delphi World Money Ltd (DELPHIFX)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533452 NSE: DELPHIFX Finance - Others | Small Cap | Delphi World Money Share Price

₹9.89 0.21 (2.17%)

As on 04-Jun'26 16:59

Delphi World Money Ltd (DELPHIFX)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533452 NSE: DELPHIFX Finance - Others | Small Cap | Delphi World Money Share Price

₹9.89 0.21 (2.17%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹243 Cr.
Current Price
₹9.9
52-Week Low / High
₹7 / 18
TTM EPS
₹0.2
TTM Sales
₹16.6 Cr.
Book Value per Share
₹13.4
P/E Ratio
43.18
Higher than its 5-year historical median
Industry PE
84.9
Price to Book (P/B)
0.74
Lower than its 5-year historical median
Price to Sales (P/S)
14.65
Higher than its 5-year historical median
EV/EBITDA
15.92
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.88%
Underperforms industry median
Return on Capital Employed (ROCE)
2.08%
Underperforms industry median
Return on Assets (ROA)
0.52%
Operating Profit Margin
0%
Net Profit Margin
0.11%
Gross Profit Margin
0.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-40.01%
Operating Profit Growth (1 Year)
-
-102.68%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-87.1%
Asset Quality
Promoter Holding
61.32%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹279 Cr.
Equity
₹49.1 Cr.
Face Value
₹2
All Time Low / High
₹2.42 / 101.82

Delphi World Money stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Delphi World Money Ltd a good quality company?
Delphi World Money Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Delphi World Money Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Delphi World Money Ltd vs industry peers?
Delphi World Money Ltd revenue CAGR is -21.85%, compared to the industry median CAGR of 23.54%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Delphi World Money Ltd?
Promoters hold 61.32% of the Delphi World Money Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Delphi World Money Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -0.2% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Delphi World Money Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 27%25%23.3%-10.4%43.9%32.8%8%11.2%11%2.1%-
Value Creation
Index
0.90.80.7-1.72.11.4-0.4-0.2-0.2-0.9-

Growth Parameters

Sales 4,7805,9887,6929,1635,9061,1291,5052,6182,8711,72217
Sales YoY Gr.-25.3%28.5%19.1%-35.5%-80.9%33.3%73.9%9.7%-40%-
Adj EPS 1.21.31.8-0.82.22.30.40.80.90.60.2
YoY Gr.-9.4%43%-141.5%NA3.2%-80.7%90.9%6%-28.1%-
BVPS (₹) 5.47.3105.8810.310.711.512.412.513.4
Adj Net
Profit
21.923.834.1-13.639.640.98151611.56
Cash Flow from Ops. 13.324.164.8-5.622.731.628.839.8-31.6-4.4-
Debt/CF from Ops. 5.82.61.8-9.91.211.10-1-6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -10.7%-21.9%4.6%-40%
Adj EPS -6.5%-22%13.3%-28.1%
BVPS9.8%9.3%5.2%0.8%
Share Price -0.7% -24.9% -19.5% 30.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
23.120.121.1-9.431.9254.27.67.55.21.8
Op. Profit
Mgn %
0.90.80.7-0.61.45.10.60.50.4019.4
Net Profit
Mgn %
0.50.40.4-0.20.73.60.50.60.60.734.1
Debt to
Equity
0.80.50.60.50.20.20.200.10.10
Working Cap
Days
1110761170663939641,102
Cash Conv.
Cycle
3321197236789

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Income + 4,7905,9937,7009,1925,9301,1371,5162,6312,8871,741
Interest Income4,7805,9887,6929,1635,9061,1291,5052,6182,8711,722
Other Income 119976341439
Exceptional Items 10582924711131619
Expenditure + 4,7545,9567,6489,2205,8701,0791,5022,6092,8641,727
Interest Expense 1311741264333
Operating Expenses 4,7305,9357,6329,1405,8551,0701,4972,6032,8581,715
Provisions 119976341439
Exceptional Items 0-10000000-13
Profit Before Tax 353652-2960581421232
Taxes 131318-1521176670
Profit After Tax 222334-143941815152
Adjusted EPS (₹)1.21.21.8-0.82.22.30.40.80.90.1
Dividend Payout Ratio (%)39.70%15.10%3.40%0%0%0%0%0%0%0%

Valuation of Delphi World Money - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Equity Capital +101137187105143184192207222224
Share Capital 12121211111111111111
Reserves 8912517594132173181196211212
Short term borrowings54451014619273103026
Long Term Borrowings30293429386785909786
Current Liabilities 138136188138739078646458
Trade Payables5657455671531402121
Other Liabilities-110-102-146-102-26-42-62-40-51-48
Total Liabilities 268301408271255341354361383368

Assets

Non Current Asset +80104134348184756982162
Loan Asset 0000000000
Other Non Current Asset 80104134348184756982162
Current Asset +188198274237174257280292302206
Current Investment0000000000
Other Current Asset188198274237174257280292302206
Total Assets 268301408271255341354361383368

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 132465-623322940-32-4
Cash Flow From Investing Activity -9-81916-5-2-27-18-1737
Cash Flow From Financing Activity -28-14-11-43-731-5-3328-7
Net Cash Flow -24273-32-5631-4-10-2126

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Operational & Financial Ratios

EPS (₹)18.9019.9029.50-12.3035.2036.607.1013.5013.701.80
DPS (₹)7.50310000000
BVPS (₹)86.9118.1161.494.1128.9165.5172.5185.8199.2200.9

Performance Ratios

ROA (%)8.18.19.6-4.014.913.72.34.24.10.5
ROE (%)23.119.421.1-9.431.624.94.27.67.10.9
ROCE (%)27.025.023.3-10.443.932.88.011.211.02.1

Valuation Parameters

Price/Book(x)2.03.06.65.52.82.92.81.81.10.5

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Delphi World Money Ltd FAQs

The current trading price of Delphi World Money on 04-Jun-2026 16:59 is ₹9.89.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Delphi World Money stood at ₹242.6 Cr

The latest P/E ratio of Delphi World Money as of 03-Jun-2026 is 43.18.

The latest P/B ratio of Delphi World Money as of 03-Jun-2026 is 0.74.

The 52-week high of Delphi World Money is ₹18.35 and the 52-week low is ₹7.48.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Delphi World Money is ₹16.55 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Delphi World Money Ltd is a average quality company.

The key valuation ratios of Delphi World Money Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Delphi World Money Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Delphi World Money Ltd

Delphi World Money (formerly known as EbixCash World Money India), founded in 1985, is a subsidiary of EbixCash World Money, is a leading Foreign Exchange Services Company based out of Mumbai, India. Previously known as Weizmann Forex, the company was acquired by EbixCash World Money in 2019 and was renamed to EbixCash World Money India with effect from January 01, 2020 later on renamed as Delphi World Money with effect from August 09, 2021. Its shares are listed on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE).

The company offers innovative, customized, and integrated financial solutions, relating to Foreign Exchange Services, Outward & Inward Remittances, Prepaid Cards, Gift Cards, and Travel Insurance needs of its corporate and retail clients. With many branches spread across cities, Delphi World Money has grown into a ‘Preferred Foreign Exchange Partner’ along this its years of journey. With a vision to grow and a leadership team that committedly achieves this vision, the company has expanded in years by leaps and bounds reaching new milestones and setting new benchmarks. The ability to identify, learn, and adopt emerging technologies without losing focus on the fundamentals and core strengths, is its brand advantage.

The company is licensed by the Reserve Bank of India to operate as an Authorised Dealer Category - II, carrying on permitted foreign exchange business i.e. with respect to currency notes, traveller’s cheques, prepaid cards and outward remittance in the form of demand draft and telegraphic transfers through a pan India network of branches. Further, the company is also licensed by the Reserve Bank of India to operate and act as an agent for various Overseas Principals for the Money Transfer Service Scheme (MTSS) in India.

Business area of the company

The company is an RBI-authorized Category II Authorized Dealer with a distinguished legacy in foreign exchange and cross-border remittances, and has now emerged as the focal platform entrusted with spearheading Ebix Inc.’s entire global travel and hospitality businesses.

Services

  • Buy Forex
  • Sell Forex
  • Prepaid Forex Card
  • Money Transfer
  • Forex for Students
  • Cash to Master
  • Miscellaneous Remittances
  • Travel Insurance

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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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