Tata Communications Payment Solutions Limited

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

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

Tata Communications Payment Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2,600.00 Cr
  • Paid Up Capital ₹ 1,237.09 Cr
  • Company Age 17 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • 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 17 years and one month. 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 2024. 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 and Abhay Lahothy as Cfo. Deepak Verma, Simon Joseph, and Jason Titman serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

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

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Tata Communications Payment Solutions Limited

Explore comprehensive data for Tata Communications Payment Solutions Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Deepak Verma Country flag representing In Managing Director28-Feb-2025Current
Sanjeev Patel Country flag representing In CEO11-Feb-2013Current
Abhay Lahothy Country flag representing In CFO26-Oct-2020Current

Board Members (2)

NameDesignationAppointment DateStatus
Simon Joseph Country flag representing Au Additional Director 28-Feb-2025Current
Jason Titman Country flag representing Au Additional Director 28-Feb-2025Current

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%.

Tata Communications Payment Solutions revenue growth over time
Tata Communications Payment Solutions 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.

Employee growth trends for Tata Communications Payment Solutions Limited

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

  • Director Appointment

    Deepak Verma was appointed as a Managing Director was appointed as a Managing Director on 28 Feb 2025 & has been associated with this company since 1 month 13 days .

  • Director Appointment

    Simon Vertullo Michael Joseph was appointed as a Additional Director was appointed as a Additional Director on 28 Feb 2025 & has been associated with this company since 1 month 13 days .

  • Director Appointment

    Jason Mark Titman was appointed as a Additional Director was appointed as a Additional Director on 28 Feb 2025 & has been associated with this company since 1 month 13 days .

  • Annual General Meeting

    Tata Communications Payment Solutions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Tata Communications Payment Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Abhay Lahothy was appointed as a Cfo was appointed as a Cfo on 26 Oct 2020 & has been associated with this company since 4 years 5 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Tata Communications Payment Solutions Limited?

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

  • What is authorized share capital and paid-up capital of Tata Communications Payment Solutions Limited?

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

  • Who are the current board members & directors of Tata Communications Payment Solutions Limited?

    Currently 5 directors are associated with Tata Communications Payment Solutions Limited.

    • Deepak Verma
    • Simon Vertullo Michael Joseph
    • Jason Mark Titman
    • Sanjeev Patel
    • Abhay Lahothy
  • What is the registered address of Tata Communications Payment Solutions Limited?

    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 India, Mumbai, Maharashtra, 400098.

  • What is the corporate identification number (CIN) and company number of Tata Communications Payment Solutions Limited?

    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).

  • What is the official website of Tata Communications Payment Solutions Limited?

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

  • What has been the recent revenue trend for Tata Communications Payment Solutions Limited?

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

  • How many employees does Tata Communications Payment Solutions Limited currently have?

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

  • What change has been observed in the net worth of Tata Communications Payment Solutions Limited, and by what percentage?

    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%.

  • When was the last Balance Sheet of Tata Communications Payment Solutions Limited filed with the ROC?

    The most recent Balance Sheet for Tata Communications Payment Solutions Limited was filed with the ROC on 31 Mar 2024.

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