Paytm Financial Services Limited logo

Paytm Financial Services Limited

Financial services company providing loans, investments, and other financial activities with RBI approval.
2017 | Delhi (India) | Active

Last Updated:

October 24, 2024
HomeCompanyPaytm Financial Services Limited

Who are the key members and board of directors at Paytm Financial Services?

Board Members(3)

NameDesignationAppointment DateStatus
Rohit Lohia In Director 02-Dec-2019Current
Madhur Deora Gb Director 13-May-2019Current
Arjun Vaidyanathan In Director 20-May-2024Current

Financial Performance and Corporate Structure Insights of Paytm Financial Services.

Paytm Financial Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 87.29% increase. The company also saw a substantial fall in profitability, with a 14.91% decrease in profit. The company's net worth Soared by an impressive increase of 380.8%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
87.29%
Revenue from Operations
233.58%
Total Assets
-5.01%
Profit or Loss
-14.91%
Net Worth
380.80%
EBITDA
65.32%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Paytm Financial Services?

Paytm Financial Services has a workforce of 3 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Paytm Financial Services

Recent activity within the organization

  • Annual General Meeting

    Paytm Financial Services Limited last Annual general meeting of members was held on 04 Sep 2024 as per latest MCA records.

    04 Sep 2024

  • Director Appointment

    Arjun Vaidyanathan was appointed as a Director was appointed as a Director on 20 May 2024 & has been associated with this company since 7 months .

    20 May 2024

  • Balance Sheet

    Paytm Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Rohit Lohia was appointed as a Director was appointed as a Director on 02 Dec 2019 & has been associated with this company since 5 years 17 days .

    02 Dec 2019

  • Director Appointment

    Madhur Deora was appointed as a Director was appointed as a Director on 13 May 2019 & has been associated with this company since 5 years 7 months .

    13 May 2019

  • Company Incorporation

    Paytm Financial Services Limited was registered on 27 Mar 2017 with Roc Delhi & aged 7 years 8 months as per MCA records.

    27 Mar 2017

Recent News, Updates & Announcement

  • news
    PhonePe leads the pack of fintech players in 2023 backed by strong performance huge investments.

    American retail Walmarts fintech arm PhonePe has left behind new and old entrants to emerge as the highest profitmaker in the digital payments spaceThe Bengaluruheadquartered company in October reported a consolidated revenue of Rs 2914 crore in FY23 registering a 77 per cent growth over FY22 revenue of Rs 1646 crorePhonePe was in talks last week to raise 1 billion with 600 million infused by parent Walmart Founded in 2012 as part of Walmartacquired ecommerce company Flipkart PhonePe is valued at 127B as on Apr 12 2023 as per data aggregator TracxnIn comparison listed company Paytm had a tough year with recent layoffs on the back of AI and the RBI not having given them a greenlight for halted onboardings moreover imposing 539 crore penalty on Paytm Payments BankIn the lastdeclared quarter for September this year the company had reported a 32 per cent rise onyear in its revenue to Rs 25186 crore for Q2FY24In November Warren Buffetbacked Berkshire Hathaway Inc divested its entire 246 per cent stake in Paytms parent company One97 Communications for Rs 1371 crore through an open market transaction The company also saw Antfin cut its stake making Sharma the largest shareholder in the listed firmTroubled fintech BharatPe today released its FY23 financial results not revealing their losses or balance sheet despite a media queryAs per an official statement the company recorded a 182 per cent jump in revenue from operations in FY23 from Rs 321 Cr in FY22 to Rs 904 Cr in FY23 The company which turned EBITDA positive in November also shared that EBITDA losses decreased by approximately Rs 158 croreThe Reserve Bank of India this month greenflagged onboarding for platforms Razorpay and Cashfree as well as Mumbaibased fintech EnKash The 2018 company has facilitated the digitisation of 25 lakh businessesJoining the club of wins InCred became the second and probably the final platform to enter the Unicorn Club in 2023 after quickcommerce platform Zepto after their 60 million raiseRaising fresh funds worth Rs 499 crore in their Series D the fintech has an order book of Rs 7500 crore worth of loans in six years and a compound annual growth rate CAGR of over 50 per cent in the last three years.

    26 Dec 2023 Republic World

  • news
    Gemini Hires a Head Of Operations For Expansion In India The Crypto Times.

    Geminis Gurgaon branch wants to hire an additional 100 people by the end of 2023.

    10 Oct 2023 The Crypto Times

  • news
  • news
    Paytm CEOs Stake Purchase Boosts Stock Price by 12 Antfins Ownership Decreases.

    When Paytms CEO Vijay Shekhar Sharma bought a 1030 stake in the company the stock price went up by 12 This means he now owns 1942 of the company while Antfins ownership decreased to 135 No cash was involved in the transaction and Paytm will still be managed by Sharma This is good news for the company and its investors.

    07 Aug 2023 Business Today

  • news
    Paytm Founder Unveils Facial Recognition Payment Technology and Teases Future AI Disruption.

    When you can pay with your smile instead of swiping or scanning thanks to Paytms new facial recognition technology Vijay Shekhar Sharma founder of Paytm revealed this innovation at an industry event He also hinted at the next big disruption in payments artificial intelligence Despite pressure to improve the companys balance sheet Sharma believes profit is not the ultimate goal.

    20 Jul 2023 Deccan Herald

  • news

Frequently asked questions

  • Paytm Financial Services Limited was incorporated on 27 Mar 2017.

  • The authorized share capital of Paytm Financial Services Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.10 Cr.

  • Currently 3 directors are associated with Paytm Financial Services Limited.

    • Rohit Lohia
    • Arjun Vaidyanathan
    • Madhur Deora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paytm Financial Services Limited is 136 1St Floor, Devika Tower Nehru Place India, New Delhi, 110019.

  • The corporate identification number (CIN) of Paytm Financial Services Limited is U65999DL2017PLC315115 and the company number is 315115 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paytm Financial Services Limited is https://www.paytm.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paytm Financial Services Limited has risen by 87.29%.

  • As Per 2023 financial reports, 3 employees are currently employed by Paytm Financial Services Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paytm Financial Services Limited has experienced an upsurge of 380.80%.

  • The most recent Balance Sheet for Paytm Financial Services Limited was filed with the ROC on 31 Mar 2024.

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