About PAYINC PRIVATE LIMITED
PAYINC PRIVATE LIMITED is a Private Limited Company and was incorporated on Sep 24, 2020 in India. It is registered at Registrar of Companies, ROC Cuttack. Its registered address is SAI BHAGWATI COMPLEX, BHATLI CHOWK WARD NO. 18, N.H.-6, Baragarh, BARAGARH, Orissa, India, 768028. Its corporate identification number is (CIN) U72900OR2020PTC040140 and its current status is Active. Its industry classification as per MCA is other Computer Related Activities [For Example Maintenance Of Websites Of Other Firms/ Creation Of Multimedia Presentations For Other Firms Etc.].
PAYINC PRIVATE LIMITED's last Annual General Meeting (AGM) was held on Sep 30, 2023 as per records from Ministry of Corporate Affairs (MCA). PAYINC PRIVATE LIMITED's authorised share capital is ₹15L and its paid up capital is ₹1L. The current board of directors of PAYINC PRIVATE LIMITED comprises Amiya Satpathy, Manoj Kumar and 1 more.
PAYINC PRIVATE LIMITED generated between ₹50 Cr and ₹100 Cr in revenue for the financial year ending on Mar 31, 2023.
Contact Details for PAYINC PRIVATE LIMITED
- *****@payinc.in
- Registered Address
- SAI BHAGWATI COMPLEX, BHATLI CHOWK WARD NO. 18, N.H.-6, Baragarh, BARAGARH, Orissa, India, 768028
Brands associated with PAYINC PRIVATE LIMITED
Principal Business Activity of PAYINC PRIVATE LIMITED
Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | jav |
Documents of PAYINC PRIVATE LIMITED15 mins
Filing Summary
Here is a summary of filing activity and document availability across financial years:
File Type | FY 22-23 | FY 21-22 |
|---|---|---|
Financial Statements | ||
Annual Returns |
Latest Financials, Share Allotment and Annual Report
The latest filed financial documents, annual reports, and share allotment filings are shown below:
Recent Filings
Below are the most recent filings submitted by the company:
Document Name | Category | Filing Date |
|---|---|---|
Form MGT-7 | Annual Returns and Balance Sheet eForms | Dec 07, 2023 |
Copy of MGT-8 | Annual Returns and Balance Sheet eForms | Dec 07, 2023 |
List of share holders, debenture holders; | Annual Returns and Balance Sheet eForms | Dec 07, 2023 |
Optional attachment(s)- if any | Annual Returns and Balance Sheet eForms | Dec 07, 2023 |
Form AOC-4 | Annual Returns and Balance Sheet eForms | Dec 05, 2023 |
Copy of Financial Staements duly authenticated as per section 134 (Including Boards report, auditors report and other documents) | Annual Returns and Balance Sheet eForms | Dec 05, 2023 |
Optional attachment(s)- if any | Annual Returns and Balance Sheet eForms | Dec 05, 2023 |
Directors report as per section 134(3) | Annual Returns and Balance Sheet eForms | Dec 05, 2023 |
Form DPT-3 | Other eForm Documents | Dec 04, 2023 |
Form MGT-7 | Annual Returns and Balance Sheet eForms | Dec 21, 2022 |
Financials of PAYINC PRIVATE LIMITED15 mins
Financial Statement Summary
Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
Income Statement | |||
Revenue | 9957 | 8713 | 8621 |
Total Sales | 4430 | 2194 | 8189 |
Total Expenses | 6726 | 6364 | 2079 |
Operating Expenses | 8802 | 1424 | 7645 |
Employee Expenses | 4837 | 5958 | 4149 |
Operating Income (EBIT) | 1879 | 8296 | 4227 |
Interest Expenses | 4303 | 1325 | 6202 |
Expenses from other activities | 6915 | 3505 | 8182 |
EBITDA | 8708 | 8914 | 4837 |
Taxes | 1353 | 2366 | 6091 |
Net Profit | 3308 | 2411 | 7083 |
Balance Sheet | |||
Assets | 1444 | 1905 | 3950 |
Accounts Receivables | 8265 | 4840 | 2483 |
Inventory | 9249 | 6997 | 1869 |
Liabilities | 1974 | 1751 | 5382 |
Total Debt | 2146 | 3203 | 1829 |
Accounts Payable | 9312 | 3761 | 9187 |
Equities | 6801 | 1673 | 3430 |
Ratios
Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
Profitability Ratios | |||
EBITDA Margin | 8908 | 4272 | 6710 |
EBIT Margin | 7314 | 4844 | 8760 |
Net Profit Margin | 1168 | 3389 | 8013 |
Return on Assets (ROA) | 7698 | 7439 | 4240 |
Return on Equity (ROE) | 1843 | 5096 | 9252 |
Return on Capital Employed | 8345 | 3718 | 3015 |
Return on Invested Capital | 6321 | 2772 | 9655 |
Efficiency Ratios | |||
Asset Turnover | 3418 | 1957 | 6663 |
Receivables Turnover | 1830 | 2651 | 1614 |
Days Sales Outstanding | 4094 | 6708 | 7638 |
Inventory Turnover | 6709 | 4939 | 3571 |
Days Inventory Outstanding | 3265 | 7465 | 2918 |
Payables Turnover | 7497 | 1979 | 9962 |
Days Payables Outstanding | 8672 | 6828 | 6949 |
Liquidity Ratios | |||
Current Ratio | 2789 | 1162 | 8131 |
Quick Ratio | 1206 | 1492 | 1644 |
Debt Ratios | |||
Debt-to-Equity Ratio | 4246 | 8457 | 6096 |
Debt Ratio | 4122 | 3708 | 6600 |
Interest Coverage Ratio | 3994 | 6415 | 8923 |
Debt Service Coverage Ratio | 4416 | 9479 | 3337 |
Net Debt/EBITDA | 5068 | 2284 | 3646 |
Growth Ratios | |||
Revenue Growth Rate (CAGR) | 1005 | 6124 | 2981 |
Earnings Growth Rate (CAGR) | 3510 | 8574 | 5583 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Compounded Annual Growth Rate of PAYINC PRIVATE LIMITED
Revenue CAGR | Growth |
|---|---|
1 Year | 61% |
3 Year | 691 |
5 Year | 838 |
EBITDA CAGR | Growth |
|---|---|
1 Year | 225% |
3 Year | 312 |
5 Year | 876 |
MSME Payment Delays by PAYINC PRIVATE LIMITED
GSTIN Details of PAYINC PRIVATE LIMITED
Board of Directors and Signatories of PAYINC PRIVATE LIMITED
Board of Directors of PAYINC PRIVATE LIMITED
Name | Designation | Status | Appointment Date | Duration |
|---|---|---|---|---|
Whole-time Director | Current | Jul 10, 2023 | 3 Years 2 Months | |
Director | Current | Sep 24, 2020 | 6 Years | |
Director | Current | Sep 24, 2020 | 6 Years |
Signatories of PAYINC PRIVATE LIMITED
Name | Designation(s) | Status | Appointment Date | Duration |
|---|---|---|---|---|
Director | Current | Sep 24, 2020 | 6 Years | |
Director | Current | Sep 24, 2020 | 6 Years | |
Whole-time Director | Current | Aug 25, 2023 | 3 Years 1 Month |
Legal Cases involving PAYINC PRIVATE LIMITED
Competitors & Alternates of PAYINC PRIVATE LIMITED
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Spice Money 2000, Noida (India), Series B | Digital payment and banking service provider in rural areas | $15.4M | 75/100 | |
2nd | Agent based payment solutions for consumers and businesses | $35M | 73/100 | ||
3rd | Financial services company offering tailored solutions for financially underserved entrepreneurs and SMEs | $16.7M | 72/100 | ||
4th | Pay Point India 2007, Mumbai (India), Seed | Provider of digital financial services and retail solutions via agent network | $8.01M | 68/100 | |
5th | Nagad 2018, Dhaka (Bangladesh), Funding Raised | Provider of a platform facilitating digital financial transactions and account management | - | 60/100 | |
6th | RNFI Services 2015, Delhi (India), Public | Digital payment solution provider | - | - | 59/100 |
7th | Ordo 2018, London (United Kingdom), Acquired | Encrypted messaging and payment service | $11.3M | 59/100 | |
8th | Digital platform providing range of payment and digital banking services | $4.55M | 59/100 | ||
9th | Network of retail partners enabling cash deposits and withdrawals via barcode | - | 58/100 | ||
10th | TADL 2020, Dhaka (Bangladesh), Unfunded | Agent based payment solution | - | - | 57/100 |
100th | Agent-enabled payment processing software for businesses | - | - | 35/100 |