About the Company
Established in 2006, PayMate India Limited is a prominent B2B payment solutions provider, specializing in automating and digitizing business payments across supply chains. The company’s platform facilitates a range of services, including vendor payments, utility bill settlements, and commercial credit card transactions. PayMate has forged strategic partnerships with leading financial institutions and card networks since 2009, enhancing its service offerings and market reach.
Business Segments and Financial Performance
PayMate’s core business revolves around providing an integrated platform for B2B payments, offering features such as ERP/IT system integration, automated payables and receivables, and real-time reconciliation. The company also offers value-added services like invoice discounting, leveraging data analytics to optimize discount rates.
Financially, PayMate has experienced significant growth in revenue over the years:
FY19: Revenue of ₹235.85 crore with a net loss of ₹7.96 crore.
FY20: Revenue increased to ₹216.14 crore with a net loss of ₹27.77 crore.
FY21: Revenue further grew to ₹348.40 crore with a net loss of ₹28.11 crore.
9MFY22: Revenue reached ₹843.44 crore with a net loss of ₹42.78 crore. Stockify Fintech
The company has maintained a relatively low debt-to-equity ratio of 0.21, indicating prudent financial management. Unlisted Zone
Unlisted Share Insights
As of May 2025, PayMate India’s unlisted shares are trading at ₹525 per share. The shares are held in both NSDL and CDSL depositories and have a face value of ₹1. The company’s market capitalization stands at approximately ₹3,027.68 crore. Notably, the company has a Price-to-Book (P/B) ratio of 170.45 and a Return on Equity (ROE) of -333.99%, reflecting the company’s current financial position.
Industry
Fintech / B2B Payments
Founded
2006
Head Office
Mumbai
Market Capitalization
₹3,027.68 Cr
Unlisted Share Price (May 2025)
₹525
52-Week High / Low
₹625 / ₹525
Face Value
₹1
P/E Ratio
N/A
P/B Ratio
170.45
Return on Equity (ROE)
-333.99%
Total Shares Outstanding
5,76,70,000
Phone
+91 98717 50984
info@excelenciasecurities.com
Empowering Your Journey in the Private Markets
info@excelenciasecurities.com
+91 98717 50984
604, Swastik Chambers, Chembur, Mumbai, 400071