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Delphi World Money Limited (IN:DELPHIFX)
:DELPHIFX
India Market
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Delphi World Money Limited (DELPHIFX) AI Stock Analysis

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IN:DELPHIFX

Delphi World Money Limited

(DELPHIFX)

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Neutral 48 (OpenAI - Gpt-5.6Sol)
Rating:48Neutral
Price Target:
₹6.00
▼(-97.47% Downside)
Action:Reiterated
Date:09/11/26
The score is held back primarily by weakening financial performance (contracting revenue, negative operating profitability, and higher leverage with low ROE) and bearish technicals (price below all key moving averages with negative MACD). The main support is an inexpensive P/E valuation and a notable rebound in 2026 operating and free cash flow, which improves near-term flexibility despite volatility.
Positive Factors
Cash-flow rebound
The 2026 rebound in operating and free cash flow indicates that the business regained cash-conversion capacity after two weak years. If maintained, stronger internal cash generation could improve funding flexibility and support obligations without relying solely on external capital.
Negative Factors
Contracting revenue
Revenue contraction signals weakening business activity and reduces the scale available to absorb fixed costs. A decline from the prior peak also makes future growth and operating leverage harder to achieve, keeping the company’s medium-term earnings base under pressure.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash-flow rebound
The 2026 rebound in operating and free cash flow indicates that the business regained cash-conversion capacity after two weak years. If maintained, stronger internal cash generation could improve funding flexibility and support obligations without relying solely on external capital.
Read all positive factors

Delphi World Money Limited (DELPHIFX) vs. iShares MSCI India ETF (INDA)

Delphi World Money Limited Business Overview & Revenue Model

Company Description
Headquartered in Mumbai, India, Delphi World Money Ltd. was established in 1985 and operates nationwide, specializing in financial services related to global transactions. The company's diverse portfolio includes foreign currency exchange, both ou...

Delphi World Money Limited Financial Statement Overview

Summary
Core fundamentals are pressured: revenue is contracting and profitability has deteriorated to negative gross and operating profit, with only slightly positive net income (suggesting reliance on non-operating items). Balance-sheet risk has risen with a sharp leverage increase (debt-to-equity ~0.53) and low ROE (~0.9%). The main offset is a strong rebound in operating cash flow and free cash flow in 2026, though cash-flow consistency remains volatile.
Income Statement
32
Negative
Balance Sheet
46
Neutral
Cash Flow
58
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue14.55B12.50B17.21B28.70B26.15B15.05B
Gross Profit394.64M-1.25B148.50M206.29M276.90M175.30M
EBITDA97.85M-1.45B61.52M257.97M244.90M186.54M
Net Income13.93M28.83M19.55M151.92M150.42M79.21M
Balance Sheet
Total Assets5.94B6.46B3.09B3.20B3.06B3.02B
Cash, Cash Equivalents and Short-Term Investments1.85B1.74B1.05B126.91M334.12M795.10M
Total Debt1.86B1.74B276.25M309.75M6.22M312.83M
Total Liabilities5.86B5.17B859.35M983.73M996.64M1.10B
Stockholders Equity2.30B3.27B2.24B2.22B2.07B1.92B
Cash Flow
Free Cash Flow349.44M1.19B-57.55M-349.22M396.70M287.52M
Operating Cash Flow349.88M1.26B-43.68M-338.37M397.77M287.57M
Investing Cash Flow29.01M-593.79M371.08M-150.43M-175.08M-269.22M
Financing Cash Flow-214.13M416.00M-70.64M281.57M-326.08M-53.46M

Delphi World Money Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price237.10
Price Trends
50DMA
6.98
Negative
100DMA
8.62
Negative
200DMA
11.27
Negative
Market Momentum
MACD
-0.28
Positive
RSI
31.50
Neutral
STOCH
29.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DELPHIFX, the sentiment is Negative. The current price of 237.1 is above the 20-day moving average (MA) of 6.38, above the 50-day MA of 6.98, and above the 200-day MA of 11.27, indicating a bearish trend. The MACD of -0.28 indicates Positive momentum. The RSI at 31.50 is Neutral, neither overbought nor oversold. The STOCH value of 29.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:DELPHIFX.

Delphi World Money Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
₹22.23B30.231.92%-4.13%-52.99%
63
Neutral
₹6.81B33.770.60%18.60%-61.27%
62
Neutral
₹273.98B26.871.65%9.28%3.02%
62
Neutral
₹17.89B13.891.39%12.02%-11.03%
59
Neutral
₹6.97B12.627.94%-25.92%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
48
Neutral
₹1.47B4.680.57%-22.18%524.25%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:DELPHIFX
Delphi World Money Limited
5.78
-8.18
-58.60%
IN:ANGELONE
Angel One Limited
305.00
86.94
39.87%
IN:BIRLAMONEY
Aditya Birla Money Limited
120.70
-60.85
-33.52%
IN:EMKAY
Emkay Global Financial Services Limited
249.55
31.06
14.22%
IN:GEOJITFSL
Geojit Financial Services Ltd
78.34
4.85
6.60%
IN:SMCGLOBAL
SMC Global Securities Ltd. (India)
86.27
18.87
27.99%

Delphi World Money Limited Corporate Events

Delphi World Money Confirms SEBI Demat Compliance for June Quarter
Jul 14, 2026
Delphi World Money Limited has filed a compliance certificate with the stock exchanges confirming adherence to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026. The attached certifi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 11, 2026