Paymate Unlisted Shares | Buy/Sell | Live Chat
About Paymate Unlisted Shares | Buy/Sell | Live Chat
1. About the Company
Paymate India Limited is a leading innovator in B2B digital payments, revolutionizing transactions across supply chains. Established in 2006, the company has pioneered automation in payments, enabling seamless vendor settlements, utility bill processing, and real-time reconciliation. Through its proprietary platform, Paymate simplifies business payments while ensuring security, compliance, and efficiency.
2. Business Divisions
- Integrated Payment Platform: Provides end-to-end digital payment solutions, including vendor payments, utility bills, and automated receivables.
- ERP & IT System Integration: Seamlessly integrates with corporate ERP systems for automated payables and receivables management.
- Commercial Credit Card Processing: Supports businesses in making payments via credit cards, ensuring cash flow optimization and fraud prevention.
- Invoice Discounting Services: Offers value-added financing options, optimizing working capital through intelligent data-driven discounting.
- Financial Institution Partnerships: Collaborates with major financial entities and card network providers to enhance B2B payment capabilities.
3. Financial Highlights
- Revenue Growth: Increased from ₹348 crore in 2021 to ₹1,350 crore in 2023.
- Gross Margins: Improved from 0% in 2021 to 0.81% in 2023.
- EBITDA Loss: Reduced slightly from ₹-55 crore in 2022 to ₹-54 crore in 2023.
- Profitability: Net losses declined from ₹-58 crore in 2022 to ₹-56 crore in 2023.
- EPS (Earnings Per Share): Improved from ₹-10.1 in 2022 to ₹-9.71 in 2023.
- Total Assets: Slight decrease from ₹61 crore in 2022 to ₹60 crore in 2023.
- Total Liabilities: Lowered from ₹61.14 crore in 2022 to ₹59.17 crore in 2023.
Pros
- Innovative B2B Payments – Automates supply chain payments, reducing manual effort and errors.
- Strong Financial Partnerships – Collaborates with major banks and card networks, enhancing service reliability.
- Comprehensive Platform – Offers vendor payments, invoice discounting, and ERP integration in one solution.
Cons
- Profitability Concerns – Continual losses impact financial stability and future growth.
- High Competition – Faces challenges from fintech giants in the B2B payment sector.
- Dependence on Credit Cards – Heavy reliance on commercial credit card transactions limits diversification.
Key Details
| Share Name | Paymate Unlisted |
|---|---|
| Particulars | N/A |
| Shares Price | Per Equity Share |
| Lot Size | 100 Shares |
| 52 Week High | ₹625 |
| 52 Week Low | ₹525 |
| Depository | NSDL & CDSL |
| PAN Number | AAECP0062G |
| ISIN Number | INE08J501021 |
| CIN | U72200MH2006PLC205023 |
| RTA | N/A |
| Fundamentals | Value |
|---|---|
| Market Cap (in cr.) | ₹ 3,604.38 |
| P/E Ratio | N/A |
| P/B Ratio | 202.92 |
| Debt to Equity | 0.21 |
| ROE (%) | -334% |
| Book Value | 3.08 |
| EPS | -9.71 |
| Face Value | 10 |
| Total Shares | 5,76,70,000 |
Financials
| P&L Statement | 2023 | 2022 |
|---|---|---|
| Revenue | 1,350 | 1,209 |
| Cost of Material Consumed | 1,339 | 1,207 |
| Gross Margins (%) | 0.81 | 0.17 |
| Change in Inventory | 0 | 0 |
| Employee Benefit Expenses | 50 | 50 |
| Other Expenses | 15 | 7 |
| EBITDA | -54 | -55 |
| OPM (%) | -4 | -4.55 |
| Other Income | 1.4 | 0.3 |
| Finance Cost | 0.5 | 0.2 |
| D&A | 2 | 2 |
| EBIT | -56 | -57 |
| EBIT Margins (%) | -4.15 | -4.71 |
| PBT | -56 | -58 |
| PBT Margins (%) | -4.15 | -4.8 |
| Tax | 0 | 0 |
| PAT | -56 | -58 |
| NPM (%) | -4.15 | -4.8 |
| EPS | -9.71 | -10.1 |
| Financial Ratios | FY23 | FY22 |
|---|---|---|
| Operating Margin | -4% | 0% |
| Net Profit Margin | -4% | -5% |
| Return on Equity | -323% | -125% |
| Debt-Equity | 0.26 | 0.03 |
| Current Ratio | 1.39 | 4.11 |
| Dividend Payout | 0% | 0% |
| Company | Paymate | Paytm | Fino Payments Bank Ltd |
|---|---|---|---|
| Market Cap (₹ Crores) | 3,588 | 52,666 | 2,989 |
| Profitability Margin (%) | -5% | -30% | 69% |
| ROCE (%) | -119% | -13% | 9% |
| ROE (%) | -125% | -14% | 14% |
| D/E Ratio | 0.03 | 0.02 | 1.56 |
| P/E Ratio | -58.69 | — | 40.6 |
| P/B Ratio | 77.35 | 4.29 | 6.23 |
| Book Value per Share (₹) | 8.08 | 194 | 57.7 |
| Assets | 2023 | 2022 |
|---|---|---|
| Fixed Assets | 2 | 3 |
| CWIP | 0 | 0 |
| Investments | 0 | 0 |
| Trade Receivables | 0.5 | 6 |
| Inventory | 0 | 0 |
| Other Assets | 57.5 | 52 |
| Total Assets | 60 | 61 |
| Liabilities | 2023 | 2022 |
|---|---|---|
| Share Capital | 5.767 | 5.741 |
| FV | 1 | 1 |
| Reserves | 11 | 40 |
| Borrowings | 3.5 | 0 |
| Trade Payables | 20 | 3 |
| Other Liabilities | 18.9 | 12.4 |
| Total Liabilities | 60 | 61 |
Promoters or Management
Frequently Asked Questions
Paymate is planning to raise 261 crores rupees by issuing 38,22,423 shares @684 via private placement.
