About Npci Bharat Billpay Limited
Data last updated:
Npci Bharat Billpay Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Ational Payments Corporation Of India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 10 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2020PLC351595. Its GSTIN is 27AAHCN3288K1ZX (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹100 Cr. It is led by directors including Ajay Kumar Choudhary and Drushti Rahul Desai.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1001A B Wing 10th Floor The Capital Bandra – Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹164.89 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹23.58 Cr (net margin 14.3%) and EBITDA of ₹46.62 Cr (EBITDA margin 28.3%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years.
The company has about 152 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bharat BillPay. Court records list 1 case involving the company, including 1 filed against it.
For more details, the company can be reached via its website bharatbillpay.com.
Company details
Contact details
Npci Bharat Billpay Limited's registered office is in Mumbai, Maharashtra. Its website is bharatbillpay.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1001A B Wing 10th Floor The Capital Bandra – Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Npci Bharat Billpay Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Npci Bharat Billpay operates one associated brand: Bharat BillPay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers an agent-based platform for efficient bill payments. | bharatbillpay.com |
Business activity
The main business activity of Npci Bharat Billpay is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Npci Bharat Billpay Limited, buy the company report.
Financials of Npci Bharat Billpay Limited
FY 2025 filings availableNpci Bharat Billpay Limited reported revenue of ₹164.89 Cr (up 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 62% over three years, including 68% growth in the latest year. EBITDA rose 3% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹46.62 Cr | ||||
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| Net Profit (PAT) | ₹23.58 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 28.3% | ||||
| Net Profit Margin | 14.3% | ||||
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To see the full financial statements and ratios of Npci Bharat Billpay Limited, buy the company report.
Board of directors and KMP of Npci Bharat Billpay Limited
Npci Bharat Billpay Limited currently reports 5 directors and 1 key managerial person. 13 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kumar Choudhary Also directs: Npci International Payments Limited, National Payments Corporation of India, Bajaj Finance Limited and 5 more | Director | 08 Feb 2024 | 2 Years 8 Months | Current |
| Shamsher Singh Also directs: Sbi Pension Funds Private Limited | Additional Director | 16 Jan 2025 | 1 Years 9 Months | Current |
| Drushti Rahul Desai | Director | 11 Jan 2024 | 2 Years 9 Months | Current |
| Madhivanan Balakrishnan | Additional Director | 06 Aug 2025 | 1 Years 2 Months | Current |
| Sohini Rajola | Additional Director | 12 Jun 2025 | 1 Years 4 Months | Current |
| Noopur Chaturvedi | Ceo | 06 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Npci Bharat Billpay Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Skilworth Technologies Private Limited | ₹177.4 Cr (FY 2025) | -30.0% | Chennai, Tamil Nadu, India | |||
| India Transact Services Limited | ₹176.27 Cr (FY 2024) | -9.0% | Mumbai, Maharashtra, India | |||
| Iserveu Technology Private Limited | ₹165.5 Cr (FY 2025) | 7.0% | Bhubaneswar, Odisha, India | |||
| Npci Bharat Billpay Limitedthis company | ₹164.89 Cr (FY 2025) | ₹23.58 Cr | 14.3% | 68.0% | 152 | Mumbai, Maharashtra, India |
To see the full peer comparison of Npci Bharat Billpay Limited, buy the company report.
Auditor
Npci Bharat Billpay Limited is audited by KPCM & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KPCM & Co | FY 2023 | 117390W |
Shareholding
The shareholding of Npci Bharat Billpay Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Npci Bharat Billpay Limited, buy the company report.
Legal cases
Npci Bharat Billpay Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed against the company by Paylnstacard Private Limited | Disposed |
To see the full case history of Npci Bharat Billpay Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Npci Bharat Billpay Limited was last rated by Icra on 05 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 05 Jul 2021 |
To see the full credit ratings and regulatory alerts of Npci Bharat Billpay Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Npci Bharat Billpay Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Npci Bharat Billpay Limited has a workforce of 152 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Npci Bharat Billpay has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCN3288K1ZX | Maharashtra | Active | 01 Jan 2021 |
| 27AAHCN3288K2ZW | Maharashtra | Active | 19 Mar 2025 |
| 33AAHCN3288K1Z4 | Tamil Nadu | Active | 26 Apr 2021 |
| 36AAHCN3288K1ZY | Telangana | Active | 31 May 2021 |
To see the full GST registrations and return filing status of Npci Bharat Billpay Limited, buy the company report.
Recent activity
Npci Bharat Billpay Limited has 16 board changes on record since 2021: 7 appointments and 9 cessations. The latest: Dilip Asbe Pratap ceased to be Director on 06 Aug 2025.
7 earlier events are in the company report.
News
Frequently asked questions
Npci Bharat Billpay is an active public limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 10 December 2020 (6+ years old) and is registered under CIN U67190MH2020PLC351595.
Npci Bharat Billpay has 6 current directors and KMP:
- Ajay Kumar Choudhary - Director
- Shamsher Singh - Additional Director
- Drushti Rahul Desai - Director
- Madhivanan Balakrishnan - Additional Director
- Sohini Rajola - Additional Director
- Noopur Chaturvedi - Ceo
The latest financial statements of Npci Bharat Billpay on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Npci Bharat Billpay is 27AAHCN3288K1ZX, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAHCN3288K2ZW (Maharashtra), 33AAHCN3288K1Z4 (Tamil Nadu), 36AAHCN3288K1ZY (Telangana).
The CIN (Corporate Identification Number) of Npci Bharat Billpay is U67190MH2020PLC351595. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Npci Bharat Billpay has 1 court case on record: 1 filed against it.
Npci Bharat Billpay was incorporated on 10 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Npci Bharat Billpay by revenue are Skilworth Technologies Private Limited, India Transact Services Limited, Iserveu Technology Private Limited, all in the BFSI industry (Payment Solution Providers), with the same principal business activity (other financial activities).
Dilip Asbe Pratap ceased to be Director on 06 Aug 2025. Madhivanan Balakrishnan was appointed as Additional Director on 06 Aug 2025. Sohini Rajola was appointed as Additional Director on 12 Jun 2025. Npci Bharat Billpay has 16 board changes on record in total.
Npci Bharat Billpay can be reached through the website bharatbillpay.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Npci Bharat Billpay is at 1001A B Wing 10th Floor The Capital Bandra – Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
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