Delphi World Money Limited (DELPHIFX) AI Stock Analysis

• Market Cap: ₹3.76B
• Dividend Yield: N/A
• Average Volume (3M): 3.64K
• Price to Earnings (P/E): 159.2
• Beta (1Y): 0.45
• Revenue Growth: -39.88%
• EPS Growth: -87.88%
• Country: IN
• Employees: 204
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 3.78
• Shares Outstanding: 16,351,185
• 10 Day Avg. Volume: 7,004
• 30 Day Avg. Volume: 3,643
• PEG Ratio: -0.75
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 0.07
• P/FCF Ratio: -22.11
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹200.00
• Price Target Upside: -12.97% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 47 Neutral
• Price Target: ₹200.00 ▼(-12.97% Downside)

The overall stock score of 47 reflects significant financial challenges, including declining revenues and cash flow issues, which are the most impactful factors. Technical analysis shows mixed signals with no clear trend, and the high P/E ratio indicates overvaluation, further weighing down the score.

Delphi World Money Limited Business Overview & Revenue Model

Company Description

Delphi World Money Limited provides money changing and money transfer services in India. It offers foreign exchange, outward and inward remittance, and travel insurance services, as well as prepaid and gift cards for corporate and retail clients. The company was formerly known as Ebixcash World Money India Limited and changed its name to Delphi World Money Limited in August 2021. The company was incorporated in 1985 and is based in Mumbai, India. Delphi World Money Limited is a subsidiary of EbixCash World Money Limited.

How the Company Makes Money

Delphi World Money Limited generates revenue through various channels, primarily focusing on transaction fees associated with currency exchanges and international money transfers. The company charges a percentage or fixed fee on each transaction processed, which constitutes a significant portion of its revenue. Additionally, DELPHIFX may earn money through partnerships with banks and financial institutions that utilize its technology for their own forex and payment services. This includes revenue-sharing agreements or service fees for providing its platform. Other potential revenue streams include offering premium services to businesses, such as bulk transaction processing or advanced analytics for financial management. The company's growth is also bolstered by expanding its customer base and forming alliances with e-commerce platforms, thus increasing transaction volumes.

Delphi World Money Limited Financial Statement Overview

Summary

Delphi World Money Limited is facing financial challenges with declining revenues and cash flow issues. The income statement shows declining revenue and negative EBIT margins, while cash flow analysis reveals negative free cash flow growth. The balance sheet is relatively stable with low debt-to-equity, but declining stockholders' equity is a concern.

Income Statement

The income statement shows some concerning trends with a declining revenue trajectory from 2020 to 2025. The gross profit margin is decreasing, and recent EBIT margins have turned negative, indicating operational challenges. However, the net profit margin remains positive, suggesting some level of profitability is retained.

Balance Sheet

The balance sheet reflects moderate stability with a relatively low debt-to-equity ratio, indicating manageable leverage. The equity ratio is strong, but the declining stockholders' equity over recent periods indicates potential erosion of shareholder value. The company's total assets have remained stable.

Cash Flow

Cash flow analysis reveals negative free cash flow growth and operating cash flow, raising concerns about the company’s liquidity and cash management. The operating cash flow to net income ratio is negative, highlighting inefficiencies in converting profits to cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	15.56B	17.21B	28.70B	26.15B	15.05B	11.29B
Gross Profit	422.87M	148.50M	196.27M	276.90M	175.30M	742.09M
EBITDA	73.97M	55.81M	257.97M	244.90M	186.54M	647.48M
Net Income	17.26M	19.55M	151.92M	150.42M	79.21M	407.78M
Balance Sheet
Total Assets	0.00	3.09B	3.20B	3.06B	3.02B	2.92B
Cash, Cash Equivalents and Short-Term Investments	383.66M	1.05B	126.91M	334.12M	795.10M	611.81M
Total Debt	0.00	276.25M	309.75M	6.22M	312.83M	333.63M
Total Liabilities	-2.24B	859.35M	983.73M	996.64M	1.10B	1.08B
Stockholders Equity	2.24B	2.24B	2.22B	2.07B	1.92B	1.84B
Cash Flow
Free Cash Flow	0.00	-57.55M	-349.22M	396.70M	287.52M	314.47M
Operating Cash Flow	0.00	-43.68M	-338.37M	397.77M	287.57M	315.81M
Investing Cash Flow	0.00	371.08M	-150.43M	-175.08M	-269.22M	-15.27M
Financing Cash Flow	0.00	-70.64M	281.57M	-326.08M	-53.46M	8.76M

Delphi World Money Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 229.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DELPHIFX, the sentiment is Positive. The current price of 229.8 is above the 20-day moving average (MA) of 223.66, above the 50-day MA of 207.29, and above the 200-day MA of 166.96, indicating a bullish trend. The MACD of 5.54 indicates Positive momentum. The RSI at 59.98 is Neutral, neither overbought nor oversold. The STOCH value of 57.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:DELPHIFX.

Delphi World Money Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
STEELCITY	73 Outperform	₹1.52B	8.92	―	3.98%	3.26%	21.80%
INDBANK	72 Outperform	₹1.81B	28.63	―	―	-18.35%	-43.75%
KEYFINSERV	71 Outperform	₹1.87B	7.73	―	0.37%	-31.36%	-30.19%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
ALMONDZ	57 Neutral	₹3.00B	16.32	―	―	16.38%	-53.07%
INVENTURE	48 Neutral	₹1.55B	121.31	―	―	-56.39%	-93.98%
DELPHIFX	47 Neutral	₹3.76B	159.21	―	―	-39.88%	-87.88%

Delphi World Money Limited Corporate Events

Delphi World Money Limited Releases Audited Financial Results for Q4 and FY 2025

Delphi World Money Limited has published its audited financial results for the fourth quarter and year ending March 31, 2025, in compliance with SEBI regulations. This announcement is part of the company’s ongoing commitment to transparency and regulatory compliance, which is crucial for maintaining investor confidence and market integrity.