Annual Report for the Financial Year 2025-26

DELPHI/SEC/2026-27/22 4th September, 2026 BSE Ltd. National Stock Exchange of India Ltd. Corporate Relation Department, Listing Department Listing Department, Exchange Plaza, C-1, Block- G, Rotunda Building, PJ Towers, Bandra Kurla Complex Scrip Code : 533452 NSE Symbol: DELPHIFX Dalal Street, Mumbai – 400 023. Bandra (East) Mumbai–400 051 Sub: Annual Report for the Financial Year 2025-26 Ref: Regulation 34(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) Dear Sir/Madam, DELPHI/SEC/2026-27/20 In continuation to our letter dated 31 August, 2026 having ref no. and pursuant to Regulation 34(1) of the Listing Regulations, please find attached the Annual Report of the Company for the Financial Year 2025-26 along with the Notice of the 41 Annual General Meeting of the Company to be held through video conference / other audio visual means on Wednesday, 30 September, 2026 at 03:00 P.M. IST. The above documents have been simultaneously sent to the Shareholders. You are requested to take note of the above. Thanking you, For DELPHI WORLD MONEY LIMITED VINAY SINGH COMPANY SECRETARY M No: ACS 44928 DELPHI WORLD MONEY LIMITED Regd. Office: 8th Floor, Manek Plaza, Kalina CST Road, Kolekalyan, Santacruz (E), Mumbai, Maharashtra-400098 Website: www.indiaforexonline.com . E. mail :corp.relations@ebixcash.com . Phone: +91-22-68649800 CIN: L65990MH1985PLC037697 DELPHI WORLD MONEY LIMITED Delphi World Money Limited CURRENCY NOTES TRAVELLER'S CHEQUES PREPAID CARDS OUTWARD REMITTANCE AUTHORISED DEALER CATEGORY-II | MONEY TRANSFER SERVICE SCHEME A N N U A L R E P O R T 2 0 2 5 - 2 6 41st Annual Report 2025-2026 DELPHI WORLD MONEY LIMITED TABLE OF CONTENT 41st Annual Report 2025-26 CORPORATE INFORMATION BOARD OF DIRECTORS Mr. TC Guruprasad Chairman Mr. Hariprasad Meenoth Panichikkil Whole-Time Director Mr. Ajai Kumar Independent Director Ms. Vani Mahajan Independent Director Mr. Shri Pal Goel Independent Director Mr. Kamal Ghildiyal Executive-Director MCHs.I EBFh aFwINnAa NShCaIArmL aOFFICER Executive-Director AUDITORS Mr. Pravin Madhukar Patil Statutory Auditor COMPANY SECRETARY T R Chadha & Co LLP, Mr. Vinay Singh BANKERS Chartered Accountants Secretarial Auditor HDFC Bank, ICICI Bank REGISTERED OFFICE SRC & Co. Company Secretaries REGISTRAR & SHARE TRANSFER AGENT 8th Floor, Manek Plaza, Kalina CST Road, Kolekalyan, Santacruz (E), Mumbai – 400098 CIN: L65990MH1985PLC037697 Bigshare Services Private Limited Website: www.indiaforexonline.com Office No S6-2, 6th floor Pinnacle Business Park, Email ID: corp.relations@ebixcash.com Next to Ahura Centre, Mahakali Caves Road, Tel: +91-22-68649800 Andheri (East) Mumbai - 400093, India. Tel: 022-62638200 Fax : 022-62638299 Email: investor@bigshareonline.com 41st Annual Report 2025-2026 DELPHI WORLD MONEY LIMITED FROM THE DESK OF THE WHOLE-TIME DIRECTOR Dear Shareholders, It is a privilege to write to you at the close of the financial year 2025-26 — a year in which your Company sharpened its focus, strengthened the quality of its earnings, and positioned itself for the next phase of growth in India’s retail foreign exchange and cross- The opportunity before us border payments market. Few sectors reflect India’s economic confidence as closely as travel and tourism. According to the World Travel & Tourism Council, the sector contributed approximately US$ 263.6 billion to the Indian economy in 2025 — a growth of 7.3% against a global average of 4.1% — accounting for close to 6.6% of national GDP and supporting more than 46 million livelihoods. The Council expects this contribution to rise to about US$ 286.1 billion in 2026 on growth of 8.5%, and to reach nearly US$ 527 billion by 2036, by which time India is projected to move from the tenth- to the fourth-largest travel and tourism economy in the world. The drivers of this expansion are structural rather than cyclical. Airport capacity is being added at pace, passport penetration continues to deepen, and a young and aspirational population is travelling, studying and transacting across borders in numbers that would have been difficult to imagine a decade ago. The Indian travel market, valued at around US$ 75 billion in FY 2020, is projected to reach US$ 125 billion by FY 2027, with the hotel segment alone approaching US$ 52 billion. Foreign tourist arrivals rose to 9.95 million in 2024 from 9.2 million in 2023, and foreign exchange earnings from tourism stood at US$ 35.0 billion. Cumulative foreign direct investment into the sector of US$ 17.2 billion between April 2000 and March 2024 is, to my mind, the clearest evidence that global capital shares this conviction. For a regulated business built around cross-border money movement, this is a market with a long runway. Outbound leisure travel, overseas education and corporate mobility have each become durable sources of demand for retail foreign exchange, prepaid Performance for the year multicurrency cards and remittance services — precisely the segments your Company serves. (₹ in Million) I am pleased to report that your Company has delivered a materially improved result for the year under review. Particulars FY 2025-26 FY 2024-25 Change Total Income 531.26 739.55 (28.2)% Profit Before Tax – Continuing Operations 107.49 19.75 444.4% Profit After Tax – Continuing Operations 56.17 19.56 187.2% Profit before tax from continuing operations rose more than fivefold to ₹ 107.49 million from ₹ 19.75 million, while profit after tax from continuing operations nearly trebled to ₹ 56.17 million from ₹ 19.56 million. Total income for the year stood at ₹ 531.26 million as against ₹ 739.55 million in the preceding year. The message in these figures is one of quality rather than volume. Your Company has expanded margins substantially on a lower revenue base, which is the direct outcome of a deliberate shift towards higher-yield retail products, disciplined control over operating and establishment costs, closer attention to branch and channel economics, and improved realisation across the foreign exchange and remittance book. Growth pursued at the cost of profitability is growth we can do without; the year under review demonstrates Building for the next phase the alternative. Your Company continues to invest in technology, partnerships and product design in order to serve students, travellers and corporates with greater speed and convenience. Delphi remains a trusted counterparty for travel foreign exchange, inbound and outbound remittances and multicurrency card solutions, and work is under way on new-age offerings intended to make cross-border payments simpler for the customer without diluting the compliance standards on which this business rests. Distribution remains a priority. We are strengthening our presence across the entry points that matter — airports, education corridors and corporate relationships — while progressively shifting routine transactions to digital channels, which improves both Governance and compliance customer experience and unit economics. Operating in a regulated environment is not a constraint on this business; it is the foundation of it. Your Company remains committed to the highest standards of regulatory compliance, internal control and transparent disclosure, and to constructive engagement with the Reserve Bank of India, the Securities and Exchange Board of India, the stock exchanges and all other authorities. The Board and its Committees have continued to provide close oversight through the year, and the strengthening of our compliance, risk management and anti-money laundering frameworks remains a standing agenda. 41st Annual Report 2025-2026 DELPHI WORLD MONEY LIMITED Outlook The macroeconomic and travel landscape presents your Company with a significant opportunity over the medium term. With a leaner cost structure, an improved margin profile and a clear product roadmap, Delphi is well placed to convert that opportunity into [Showing first 8,000 characters — download PDF for full document]