Delphi World Money Limited (DELPHIFX)

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Delphi World Money Limited (DELPHIFX) · mywealthgrid

About

Delphi World Money Limited operates in Other Financial Services within India's Financials sector. Small-cap (₹163.37 Cr market cap) with recent 2:1 split and bonus (Feb 2026) amid stock pressure: 52w range ₹6.53–₹16.87, current ₹6.66.

Face value: ₹2

Market cap

₹169 Cr

P/E

35.1×

P/B

0.5×

Dividend yield

ROE

1.8%

ROCE

11%

Debt / equity

0.48

OPM

2.4%

EPS (TTM)

₹0.2

Book value

₹13.3

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Profitability swings extreme: ₹4.51 Cr profit (Jun 2025, 19.1% OPM) reversed to -₹1.86 Cr loss (Mar 2026, -4.55% OPM) in 9 months; unclear if cyclical or structural.
Capital returns collapsed: ROE 1.75%, PE 33.89 (meaningless on losses). Stock down 47.76% YTD, 60% below 52w high.
FII/DII holdings at 0% despite 61.32% promoter stake. Verify whether institutional avoidance signals governance, viability, or fundamental concerns.
Financial services typically leverage-dependent. Verify whether D/E 0.48 or current margin fragility constrains debt-market access under credit tightening.

Generated analysis · source review pending

Growth drivers

Recent profitability (Jun–Sep 2025: ₹2.65–₹4.51 Cr, 12–19% OPM) reversed to loss (Mar 2026: -₹1.86 Cr, -4.55%) suggests cyclical or structural break. Verify which, and whether prior margin levels can return.
Consolidated revenue ₹63.92 Cr (Dec 2025) runs 5.6x standalone ₹11.38 Cr; subsidiaries/JVs material to group. Verify their growth rates and whether consolidation unlocks scale.
D/E 0.48 vs. ₹163.37 Cr market cap leaves balance-sheet headroom for debt-funded growth if profitability stabilizes. Verify capex pipeline and working-capital constraints.

Generated analysis · source review pending

1,253 historical price candles were omitted because the exchange source has not been verified.

₹6.9+3.9%1Y

Quick read

rule-based

Pros

+High promoter holding of 61.3% with no pledge

Cons

−Low return on equity of 3.2% (3-yr avg)
−Thin operating margin of 2.4%
−Profit declined 34.8% a year over the last 5 years
−Weak interest coverage of 1.9×
−Promoter holding fell 13.7 pts over the last year

Research score

Structured signal from quality, growth, valuation and momentum.

38/100

Business quality: 21
Growth: 50
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	7,692	9,160	111	63	86	81	55	194
Interest	7	4	5	3	2	2	3	13
Expenses	7,637	9,201	—	—	—	—	—	189
Financing profit	48	-45	—	—	—	—	—	-8
Financing margin %	0.6%	-0.5%	—	—	—	—	—	-4.3%
Other income	8	29	7	10	13	16	19	24
Depreciation	4	3	1	1	1	1	1	4
Exceptional items	—	—	—	—	—	—	—	-1
Profit before tax	—	—	58	14	21	23	2	11
Tax	18	-20	—	—	—	—	—	8
Tax %	—	—	—	—	—	—	—	73.8%
PAT	33	-13	41	8	15	15	2	3
EPS (₹)	28.4	1.7	—	—	—	—	—	0.2
EPS adjusted (₹)	1.9	-0.8	2.4	0.5	0.9	0.9	0.1	0.2
	3.5%	0%	—	—	—	—	—	—
Annual report	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	12	12	12	11	11	11	11	11	11	49
Reserves	101	89	179	167	173	181	196	211	212	277
	73	59	115	54	33	31	0	30	26	156
	83	124	95	60	75	79	100	68	60	164
Total equity & liabilities	268	284	400	293	292	302	306	320	310	646
	38	39	39	8	5	3	3	3	4	64
CWIP	—	—	—	—	—	—	—	—	—	0
Investments	29	36	73	0	—	—	—	—	—	0
	201	209	289	285	—	—	—	—	—	583
Total assets	268	284	400	293	292	302	306	320	310	646

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	14	24	64	-5	32	29	40	-32	-4	63
	-9	-8	20	16	-2	-27	-18	-17	37	-34
	-29	-14	-11	-43	1	-5	-33	28	-7	4
Net cash flow	-24	2	73	-32	31	-4	-10	-21	26	33
Free cash flow	12	19	58	-12	—	—	—	—	—	56
CFO / Operating profit %	—	—	115%	—	55.1%	349%	349.9%	-338.2%	—	—

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities
Travel Services	149.3	15.39	0	0
Foreign Exchange, Money Transfer and Payment services	44.75	12.72	0	0

SegmentFigure

Foreign Exchange, Money Transfer and Payment services · revenue

₹ crore by fiscal year

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	2.7%	2.1%	—	—	—	—	—	—
EBITDA margin %	0.7%	-0.4%	51.6%	13.1%	13.2%	11.6%	-23.9%	2.4%
EBIT margin %	0.7%	-0.5%	50.4%	11%	12.1%	10.5%	-26%	0.3%
PAT margin %	0.4%	-0.2%	36.7%	12.6%	17.4%	18.8%	3.6%	1.5%
Working capital
Receivable days	3	1	—	—	—	—	—	161
Inventory days	1	1	—	—	—	—	—	19
Payable days	—	—	—	—	—	—	—	264
NWC days	—	—	—	—	—	—	—	-84
Leverage
Current ratio	—	—	2.92	3.67	4.64	4.79	3.62	1.17
Debt to EBITDA	2.08	—	0.57	3.74	0	3.26	—	34.04
Debt to equity	0.6	0.31	0.18	0.16	0	0.14	0.12	0.48
Interest coverage	8.7	-3.1	11.7	5.2	11.1	11.1	1.7	1.9
Asset turnover	19.21	31.25	0.38	0.21	0.28	0.25	0.18	0.3
Return ratios
Return on assets %	8.2%	-4.6%	14%	2.6%	4.9%	4.7%	0.6%	0.4%
Return on capital employed %	—	—	31%	8%	10%	9.9%	2%	11%
Return on equity %	17.3%	-7.5%	22.1%	4.1%	7.3%	6.9%	0.9%	0.9%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	89.55%	75%	75%	75%	75%	74.76%	75%	75%	75%	61.32%	61.32%	61.32%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0.52%	0.02%	0%
DII	0%	0%	0%	0%	0%	0.14%	0.24%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	10.45%	25%	25%	25%	25%	25.1%	24.76%	25%	25%	38.16%	38.66%	38.68%
No. of shareholders	—	—	—	—	—	—	—	—	9,513	10,051	14,730	14,998

Promoter holding down 28.23 percentage points since Sep 2023.

26 deals · 21 Dec 2023 – 17 Feb 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
17 Feb 2026	VISTAAR TRADING SERVICE PRIVATE LIMITED	Bulk	NSE	Sell	12,71,455	₹14.22	₹1.81 Cr
17 Feb 2026	VISTAAR TRADING SERVICE PRIVATE LIMITED	Bulk	NSE	Buy	12,71,455	₹14.33	₹1.82 Cr
13 Feb 2026	VISTAAR TRADING SERVICE PRIVATE LIMITED	Bulk	NSE	Sell	7,55,057	₹17.40	₹1.31 Cr
13 Feb 2026	VISTAAR TRADING SERVICE PRIVATE LIMITED	Bulk	NSE	Buy	7,55,057	₹17.26	₹1.30 Cr
13 Feb 2026	MSB E TRADE SECURITIES LIMITED	Bulk	NSE	Sell	5,04,782	₹17.63	₹0.89 Cr
13 Feb 2026	MSB E TRADE SECURITIES LIMITED	Bulk	NSE	Buy	5,04,782	₹17.10	₹0.86 Cr
11 Feb 2026	VISTAAR TRADING SERVICE PRIVATE LIMITED	Bulk	NSE	Sell	1,07,575	₹234.31	₹2.52 Cr
11 Feb 2026	VISTAAR TRADING SERVICE PRIVATE LIMITED	Bulk	NSE	Buy	1,07,575	₹234.64	₹2.52 Cr
21 Jan 2026	G G ENGINEERING LIMITED	Bulk	NSE	Sell	97,000	₹226.32	₹2.20 Cr
6 Jan 2026	INTEGRA ESSENTIA LIMITED	Bulk	NSE	Buy	89,569	₹242.41	₹2.17 Cr

1–10 of 26

1 / 3

Mr. TIRUVANAMALAI CHANDRASHEKARAN GURUPRASADNon-Executive - Non Independent Director-Chairperson
Mr. HARIPRASAD MEENOTH PANICHIKKILExecutive Director
Mr. Pravin PatilChief Financial Officer
Mr. SHRI PAL GOELNon-Executive - Independent Director
Mr. AJAI KUMARNon-Executive - Independent Director
Mrs. VANI MAHAJANNon-Executive - Independent Director
Ms. BHAWNA SHARMAExecutive Director
Mr. KAMAL GHILDIYALExecutive Director
Mr. Vinay SinghCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Delphi World Money Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

9

Dividend dividend30 Jul 2018 · ex-date₹1
Dividend dividend14 Aug 2017 · ex-date₹3
Interim dividend18 Mar 2016 · ex-date₹7.5
Dividend dividend4 Sept 2015 · ex-date₹7.5
Dividend dividend4 Sept 2014 · ex-date₹7.5
Special dividend23 Jul 2013 · ex-date₹5
Dividend dividend23 Jul 2013 · ex-date₹2.5
Dividend dividend21 Sept 2012 · ex-date₹2
Dividend dividend26 Sept 2011 · ex-date₹2

1

Face value ₹10 → ₹213 Feb 2026 · ex-date

1

Bonus 2:113 Feb 2026 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

12 announcementsExport CSV

1 Oct 2026, 8:06 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

30 Sept 2026, 5:00 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

30 Sept 2026, 4:06 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

5 Sept 2026, 12:09 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

4 Sept 2026, 4:40 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

4 Sept 2026, 4:33 pmAGM/EGM

Notice Of 41St Annual General Meeting - SEBI (Listing Obligations And Disclosure Requirements) Regulation, 2015.

AGM PDF

31 Aug 2026, 2:08 pmCorp. Action

Dates Of Closure Of Register Of Members And Share Transfer Books For The Purpose Of AGM

Book Closure PDF

31 Aug 2026, 2:03 pmCompany Update

Appointment Of Scrutinizer For The Upcoming Annual General Meeting

General PDF

Date	Category	Subject	Filing
1 Oct 2026, 8:06 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
30 Sept 2026, 5:00 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management

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Ratio	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	2.7%	2.1%	—	—	—	—	—	—
EBITDA margin %	0.7%	-0.4%	51.6%	13.1%	13.2%	11.6%	-23.9%	2.4%
EBIT margin %	0.7%	-0.5%	50.4%	11%	12.1%	10.5%	-26%	0.3%
PAT margin %	0.4%	-0.2%	36.7%	12.6%	17.4%	18.8%	3.6%	1.5%
Working capital
Receivable days	3	1	—	—	—	—	—	161
Inventory days	1	1	—	—	—	—	—	19
Payable days	—	—	—	—	—	—	—	264
NWC days	—	—	—	—	—	—	—	-84
Leverage
Current ratio	—	—	2.92	3.67	4.64	4.79	3.62	1.17
Debt to EBITDA	2.08	—	0.57	3.74	0	3.26	—	34.04
Debt to equity	0.6	0.31	0.18	0.16	0	0.14	0.12	0.48
Interest coverage	8.7	-3.1	11.7	5.2	11.1	11.1	1.7	1.9
Asset turnover	19.21	31.25	0.38	0.21	0.28	0.25	0.18	0.3
Return ratios
Return on assets %	8.2%	-4.6%	14%	2.6%	4.9%	4.7%	0.6%	0.4%
Return on capital employed %	—	—	31%	8%	10%	9.9%	2%	11%
Return on equity %	17.3%	-7.5%	22.1%	4.1%	7.3%	6.9%	0.9%	0.9%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Crisil LimitedCRISILCRISIL	₹32,373 Cr	₹32,373 Cr	₹4,126 Cr	₹1,229 Cr	29.7%	₹884 Cr	21%	33.9%	27.4%	48
RRP Semiconductor LtdRRPRRP	₹11,162 Cr	₹11,168 Cr	₹-7 Cr	₹-7 Cr	—	₹-8 Cr	—	-32.7%	-59.8%	—
Onemi Technology Solutions LimitedKISSHTKISSHT	₹6,254 Cr	₹7,346 Cr	₹2,179 Cr	₹651 Cr	29.9%	₹281 Cr	12.9%	32.9%	21%	-8
Asset Reconstruction Company (India) LimitedARCILARCIL	₹4,546 Cr	₹5,751 Cr	₹722 Cr	₹473 Cr	65.5%	₹-36 Cr	44.7%	—	-1.3%	—
Colab Platforms LtdCOLABCOLAB	₹2,622 Cr	₹2,624 Cr	₹158 Cr	₹2 Cr	1%	₹5 Cr	2.9%	23.2%	17.2%	9
Gyftr LtdGYFTRGYFTR	₹1,204 Cr	₹1,240 Cr	₹14 Cr	₹3 Cr	21.6%	₹2 Cr	12.9%	—	0.5%	—
Prime Securities LimitedPRIMESECUPRIMESECU	₹1,022 Cr	₹1,024 Cr	₹125 Cr	₹13 Cr	15.7%	₹5 Cr	9.6%	—	6.7%	—
Centrum Capital LimitedCENTRUMCENTRUM	₹969 Cr	₹17,026 Cr	₹3,643 Cr	₹948 Cr	29.2%	₹-217 Cr	-7.5%	12.7%	-46.8%	-519
Wealth First Portfolio Managers LimitedWEALTHWEALTH	₹952 Cr	₹952 Cr	₹58 Cr	₹37 Cr	72.3%	₹33 Cr	56%	34.5%	27.7%	563
Stellant Securities (India) LtdSTELLANTSTELLANT	₹518 Cr	₹518 Cr	₹0 Cr	₹-0 Cr	-93.8%	₹-0 Cr	-93.8%	-45.5%	-44.8%	0
The Investment Trust Of India LimitedTHEINVESTTHEINVEST	₹472 Cr	₹523 Cr	₹274 Cr	₹48 Cr	20.2%	₹33 Cr	12.2%	8.5%	4.2%	-42
Ndl Ventures LimitedNDLVENTURENDLVENTURE	₹422 Cr	₹1,328 Cr	₹1,044 Cr	₹149 Cr	17%	₹-38 Cr	0.2%	4.4%	-5.9%	-739

Delphi World Money Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Segment results

Foreign Exchange, Money Transfer and Payment services · revenue

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Dividends9

Stock splits1

Bonus issues1

Announcements

Dividends9

Stock splits1

Bonus issues1

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Segment results

Foreign Exchange, Money Transfer and Payment services · revenue

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

9

1

1

9

1

1