Tata Communications Payment Solutions Limited

Leading WLAO in India with 7,611 ATMs under brand 'Indicash'.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: June 30, 2024

Tata Communications Payment Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2,600.00 Cr
  • Paid Up Capital ₹ 1,237.09 Cr
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 14.45%
  • Profit Growth 21.63%
  • Ebitda 96.87%
  • Net Worth -11.99%
  • Total Assets -23.13%

About Tata Communications Payment Solutions

Tata Communications Payment Solutions Limited (TCPSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 February 2008 and has a history of 16 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Tata Communications Banking Infrasolutions Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2,600.00 Cr and a paid-up capital of Rs 1,237.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tata Communications Payment Solutions Limited India are Sanjeev Patel as Ceo, Abhay Lahothy as Cfo, and Ridhi Sood as Company Secretary. Adesh Goyal, Srinivasa Addepalli, Ramanathan Kumar, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2008PLC179551

  • Company No.

    179551

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 2008

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Tata Communications Payment Solutions?

Executive Team (3)

NameDesignationAppointment DateStatus
Sanjeev Patel Country flag representing In CEO11-Feb-2013Current
Abhay Lahothy Country flag representing In CFO26-Oct-2020Current
Ridhi Sood Country flag representing In Company Secretary05-Nov-2019Current

Board Members (6)

NameDesignationAppointment DateStatus
Srinivasa Addepalli Country flag representing In Director 28-Feb-2008Current
Ramanathan Kumar Country flag representing In Director 28-Mar-2015Current
Adesh Goyal Country flag representing In Director 03-Mar-2015Current
Tri Pham Country flag representing Us Director 18-Nov-2013Current
Sumeet Walia Country flag representing In Director 18-Nov-2013Current
Leena Solanki Country flag representing In Director 08-Sep-2022Current

Financial Performance of Tata Communications Payment Solutions.

Tata Communications Payment Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.45% increase. The company also saw a substantial improvement in profitability, with a 21.63% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.99%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
14.45%
Revenue from Operations
12.61%
Total Assets
-23.13%
Profit or Loss
21.63%
Net Worth
-11.99%
EBITDA
96.87%

What is the Ownership and Shareholding Structure of Tata Communications Payment Solutions?

In 2022, Tata Communications Payment Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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

How Many Employees Work at Tata Communications Payment Solutions?

Tata Communications Payment Solutions has a workforce of 117 employees as of Mar 23, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tata Communications Payment Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Tata Communications Payment Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Tata Communications Payment Solutions

Recent activity within the organization

  • Annual General Meeting

    Tata Communications Payment Solutions Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Balance Sheet

    Tata Communications Payment Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Ramanathan Kumar was appointed as a Director was appointed as a Director on 28 Mar 2015 & has been associated with this company since 9 years 10 months .

    28 Mar 2015

  • Director Appointment

    Adesh Goyal was appointed as a Director was appointed as a Director on 03 Mar 2015 & has been associated with this company since 9 years 11 months .

    03 Mar 2015

  • Director Appointment

    Tri Luu Pham was appointed as a Director was appointed as a Director on 18 Nov 2013 & has been associated with this company since 11 years 3 months .

    18 Nov 2013

  • Director Appointment

    Sumeet Mahendra Walia was appointed as a Director was appointed as a Director on 18 Nov 2013 & has been associated with this company since 11 years 3 months .

    18 Nov 2013

Recent News, Updates & Announcement

Frequently asked questions

  • Tata Communications Payment Solutions Limited was incorporated on 28 Feb 2008.

  • The authorized share capital of Tata Communications Payment Solutions Limited is ₹ 2,600.00 Cr and paid-up capital is ₹ 1,237.09 Cr.

  • Currently 9 directors are associated with Tata Communications Payment Solutions Limited.

    • Adesh Goyal
    • Srinivasa Rao Addepalli
    • Ramanathan Kumar
    • Tri Luu Pham
    • Sumeet Mahendra Walia
    • Leena Shailesh Solanki
    • Sanjeev Patel
    • Abhay Lahothy
    • Ridhi Rajeev Sood
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tata Communications Payment Solutions Limited is C-21/C 36 G Block, Bandra Kurla Complex, Mumbai, Maharashtra, India, 400098.

  • The corporate identification number (CIN) of Tata Communications Payment Solutions Limited is U72900MH2008PLC179551 and the company number is 179551 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tata Communications Payment Solutions Limited is https://www.tatacommunications.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tata Communications Payment Solutions Limited has risen by 14.45%.

  • As Per 2023 financial reports, 117 employees are currently employed by Tata Communications Payment Solutions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tata Communications Payment Solutions Limited has experienced an downturn of -11.99%.

  • The most recent Balance Sheet for Tata Communications Payment Solutions Limited was filed with the ROC on 31 Mar 2023.

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