About Ags Transact Technologies Limited
Data last updated: 26 September 2026
Ags Transact Technologies Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in digital payment solutions, a part of the broader financial services sector. Incorporated on 11 December 2002, the company has been in operation for over 24 years.
Registered with ROC Mumbai under CIN L72200MH2002PLC138213. Listed on BSE: 543451.
Capital: an authorised share capital of ₹160 Cr and a paid-up capital of ₹128.43 Cr. Formerly known as Ags Transact Technologies Private Limited and Ags Infotech Private Limited. It is led by directors including Sudip Bandyopadhyay and Stanley Johnson Panacherry.
Last AGM: 27 September 2024. Financial statements filed for year ended 31 March 2024. Office: 601 – 602 Trade World B – Wingkamala Mill Compound Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the latest consolidated financials for FY 2023-24, the company reported a revenue of ₹1,470.63 Cr, a decline of 12.01% compared to the previous year. The net worth stands at ₹461.67 Cr (down 13.72% YoY). Total assets are valued at ₹1,607.06 Cr (down 10.33% YoY).
The company has a workforce of approximately 1,016 employees as per the latest available data. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands - Ags Transact Technologies, Ongo. As per MCA filings, the company has open charges of ₹1,423.71 Cr and satisfied charges of ₹2,285.11 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is agsindia.com.
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Registered Address601 – 602 Trade World B – Wingkamala Mill Compound Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
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IndustryFinancial Services, Digital Payment Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Ags Transact Technologies Limited
Ags Transact Technologies Limited has undergone 2 name changes throughout its history. The company was previously known as Ags Transact Technologies Private Limited, and Ags Infotech Private Limited. The current legal name is Ags Transact Technologies Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Ags Transact Technologies Limited | Current |
| Ags Transact Technologies Private Limited | Previous |
| Ags Infotech Private Limited | Previous |
CIN History of Ags Transact Technologies Limited
Ags Transact Technologies Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L72200MH2002PLC138213, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72200MH2002PLC138213 | Current |
| U72200MH2002PTC138213 | Previous |
| U72200MH2002PLC138213 | Previous |
Associated Brands with Ags Transact Technologies Limited
Ags Transact Technologies Limited operates two associated brands: AGS Transact Technologies and OnGo. These brands represent Ags Transact Technologies Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| End-to-end payment processing solutions are provided for merchants and businesses. | agsindia.com | |
| Payment processing solutions are provided for businesses and merchants. | ongo.co.in |
Competitors & Alternatives of Ags Transact Technologies Limited
Brands and companies operating in the same space as Ags Transact Technologies Limited include Stripe, Razorpay, PayU and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Payment processing and card issuance solutions are provided for businesses. | San Francisco, United States, United States | 2009 |
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Payment and business banking solutions are provided for enterprises. | Bengaluru, India, India | 2014 |
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Online payment processing and credit solutions are provided for businesses. | Amsterdam, Netherlands, Netherlands | 2002 |
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Provider of payment processing solutions for businesses | San Francisco, United States, United States | 2016 |
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Payment issuance and processing solutions are provided for businesses. | Amsterdam, Netherlands, Netherlands | 2006 |
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Online payment and money transfer platform for businesses | Jakarta, Indonesia, Indonesia | 2015 |
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Digital payments and engagement solutions are offered for MSMEs. | Mumbai, India, India | 2017 |
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Omnichannel payment solutions, loyalty programs, and business tools are provided. | Noida, India, India | 1998 |
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Diversified payment processing solutions are provided to merchants. | Singapore, Singapore, Singapore | 2015 |
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Autonomous finance and payment solutions are provided to businesses. | Houston, United States, United States | 2006 |
Business Activity of Ags Transact Technologies Limited
Ags Transact Technologies Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Ags Transact Technologies Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Ags Transact Technologies Limited
Ags Transact Technologies Limited is audited by B S R & Co Llp for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co Llp | Locked | Locked | Locked |
Complete auditor history for Ags Transact Technologies Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ags Transact Technologies Limited
Ags Transact Technologies Limited is currently managed by 3 directors, with 34 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Sudip Bandyopadhyay
Also directs:
Vst Industries Limited, Inditrade Capital Limited, Inditrade Fincorp Limited and 5 more
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Director | 29 Mar 2023 | 3 Years 5 Months | As last reported |
| Stanley Johnson Panacherry | Director | 09 Jun 2021 | 5 Years 3 Months | As last reported |
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Ravi Badrinarain Goyal
Also directs:
India Transact Services Limited, Securevalue India Limited, Fillon Technologies India Private Limited and 2 more
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Managing Director | 11 Dec 2002 | 23 Years 9 Months | As last reported |
Financials of Ags Transact Technologies Limited FY 2023-24 filings available
Ags Transact Technologies Limited reported revenue of ₹1,470.63 Cr (down 12.01% YoY) for FY 2023-24.
Financial Highlights
FY 2023-24 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,471 | 1,671 | 1,772 | 1,759 | 1,800 | 1,806 | 1,473 |
| Revenue growth | -0.2% | -6.3% | +3.0% | -1.3% | -3.0% | +8.9% | +9.6% |
| EBITDA | 197 | 396 | 410 | 437 | 461 | 425 | 205 |
| EBITDA margin | +13.4% | +23.7% | +23.2% | +24.8% | +25.6% | +23.5% | +13.9% |
| Profit before tax | (125) | 57.52 | (66.58) | 82.42 | 120 | 78.89 | 23.75 |
| Net profit | (81.28) | 38.61 | (81.85) | 54.37 | 85.12 | 69.02 | 6.77 |
| Net profit margin | -5.5% | +2.3% | -4.6% | +3.1% | +4.7% | +3.8% | +0.5% |
| EPS (₹) | (6.62) | 3.07 | (6.86) | 4.62 | 7.00 | 5.58 | 0.53 |
| Balance sheet | |||||||
| Total assets | 1,607 | 1,792 | 1,615 | 2,216 | 1,698 | 1,567 | 1,135 |
| Net worth | 462 | 535 | 482 | 559 | 499 | 425 | 402 |
| Total debt | 1,120 | 1,231 | 1,104 | 1,622 | 1,159 | 1,105 | 703 |
| Cash & bank | 116 | 94.01 | 80.65 | 694 | 75.88 | 38.11 | 28.06 |
| Net working capital | 614 | 724 | 447 | 971 | 314 | 290 | 322 |
| Cash flow | |||||||
| Cash from operations | 349 | 249 | 325 | 418 | 446 | 486 | 196 |
| Cash from investing | (15.17) | (126) | (12.08) | (156) | (291) | (165) | (161) |
| Cash from financing | (316) | (137) | (875) | 320 | (172) | (315) | (30.71) |
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 210 | 352 | 340 | 349 | 374 | 377 | 371 | 425 |
| Revenue growth (YoY) | -43.9% | -6.6% | -8.5% | -17.8% | -10.0% | -9.0% | -11.1% | +6.5% |
| Other income | 3.91 | 16.43 | 11.83 | 7.58 | 10.27 | 12.09 | 8.20 | 10.21 |
| EBITDA | (174) | 88.26 | 93.48 | 49.20 | 57.57 | 7.43 | 83.25 | 73.27 |
| EBITDA margin | -83.1% | +25.1% | +27.5% | +14.1% | +15.4% | +2.0% | +22.4% | +17.3% |
| Depreciation | 43.79 | 47.55 | 49.21 | 52.51 | 52.99 | 54.00 | 53.73 | 57.17 |
| Interest | 37.85 | 36.43 | 35.71 | 36.68 | 37.60 | 36.72 | 36.71 | 39.10 |
| Profit before tax | (252) | 20.71 | 20.39 | (32.41) | (22.75) | (71.20) | 1.01 | (12.79) |
| Tax | (57.56) | 5.55 | 6.54 | (27.96) | (7.37) | (10.29) | 0.36 | 2.57 |
| Net profit | (194) | 15.16 | 13.85 | (4.45) | (15.38) | (60.91) | 0.65 | (15.36) |
| EPS (₹) | (15.99) | 1.23 | 1.13 | (0.37) | (1.28) | (5.05) | 0.05 | (1.28) |
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,043 | 1,210 | 1,317 | 1,373 | 1,458 | 1,547 | 1,309 |
| Revenue growth | +0.6% | -6.9% | +0.1% | -5.5% | -20.9% | +18.2% | +5.6% |
| EBITDA | 111 | 284 | 322 | 378 | 405 | 216 | 182 |
| EBITDA margin | +10.7% | +23.4% | +24.4% | +27.6% | +27.8% | +14.0% | +13.9% |
| Profit before tax | (123) | 18.15 | (81.46) | 101 | 124 | 67.80 | 32.07 |
| Net profit | (68.92) | 16.07 | (88.34) | 69.27 | 91.84 | 42.21 | 21.39 |
| Net profit margin | -6.6% | +1.3% | -6.7% | +5.0% | +6.3% | +2.7% | +1.6% |
| EPS (₹) | (5.53) | 1.23 | (7.37) | 5.91 | 7.47 | 3.56 | 1.62 |
| Balance sheet | |||||||
| Total assets | 1,473 | 1,650 | 1,526 | 2,109 | 1,360 | 935 | 1,121 |
| Net worth | 514 | 576 | 552 | 635 | 562 | 541 | 493 |
| Total debt | 945 | 1,059 | 956 | 1,455 | 463 | 376 | 609 |
| Cash & bank | 81.41 | 60.17 | 47.86 | 668 | 44.08 | 22.99 | 19.03 |
| Net working capital | 430 | 559 | 373 | 904 | 29.91 | 116 | 339 |
| Cash flow | |||||||
| Cash from operations | 303 | 196 | 237 | 363 | 391 | 332 | 210 |
| Cash from investing | (5.24) | (109) | 29.83 | (117) | (235) | (150) | (149) |
| Cash from financing | (279) | (101) | (830) | 334 | (165) | (182) | (54.52) |
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 154 | 257 | 244 | 243 | 267 | 273 | 261 | 304 |
| Revenue growth (YoY) | -42.3% | -5.8% | -6.8% | -20.2% | -13.0% | -7.2% | -14.5% | +2.7% |
| Other income | 4.57 | 10.69 | 8.62 | 5.38 | 5.15 | 33.41 | 6.38 | 8.42 |
| Total expenses | 270 | 193 | 175 | 216 | 233 | 281 | 202 | 259 |
| EBITDA | (117) | 63.93 | 68.16 | 26.95 | 33.16 | (8.41) | 59.50 | 45.53 |
| EBITDA margin | -76.0% | +24.9% | +28.0% | +11.1% | +12.4% | -3.1% | +22.8% | +15.0% |
| Depreciation | 31.63 | 34.64 | 36.20 | 37.95 | 39.20 | 40.79 | 40.13 | 40.05 |
| Interest | 30.43 | 29.82 | 29.54 | 30.84 | 31.89 | 31.22 | 32.10 | 33.61 |
| Profit before tax | (174) | 10.16 | 11.04 | (36.46) | (32.78) | (47.01) | (6.35) | (19.71) |
| Tax | (41.96) | 2.90 | 3.47 | (31.53) | (10.22) | (12.27) | (1.58) | (4.33) |
Financial Statements
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 210 | 352 | 340 | 349 | 374 | 377 | 371 | 425 |
| Revenue growth (YoY) | -43.9% | -6.6% | -8.5% | -17.8% | -10.0% | -9.0% | -11.1% | +6.5% |
| Other income | 3.91 | 16.43 | 11.83 | 7.58 | 10.27 | 12.09 | 8.20 | 10.21 |
| EBITDA | (174) | 88.26 | 93.48 | 49.20 | 57.57 | 7.43 | 83.25 | 73.27 |
| EBITDA margin | -83.1% | +25.1% | +27.5% | +14.1% | +15.4% | +2.0% | +22.4% | +17.3% |
| Depreciation | 43.79 | 47.55 | 49.21 | 52.51 | 52.99 | 54.00 | 53.73 | 57.17 |
| Interest | 37.85 | 36.43 | 35.71 | 36.68 | 37.60 | 36.72 | 36.71 | 39.10 |
| Profit before tax | (252) | 20.71 | 20.39 | (32.41) | (22.75) | (71.20) | 1.01 | (12.79) |
| Tax | (57.56) | 5.55 | 6.54 | (27.96) | (7.37) | (10.29) | 0.36 | 2.57 |
| Net profit | (194) | 15.16 | 13.85 | (4.45) | (15.38) | (60.91) | 0.65 | (15.36) |
| EPS (₹) | (15.99) | 1.23 | 1.13 | (0.37) | (1.28) | (5.05) | 0.05 | (1.28) |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,471 | 1,671 | 1,772 | 1,759 | 1,800 | 1,806 | 1,473 |
| Revenue growth | -0.2% | -6.3% | +3.0% | -1.3% | -3.0% | +8.9% | +9.6% |
| Other income | 38.13 | 36.24 | 25.39 | 38.21 | 33.08 | 17.89 | 14.05 |
| Total expenses | 1,273 | 1,276 | 1,362 | 1,322 | 1,339 | 1,381 | 1,268 |
| Employee cost | 215 | 240 | 266 | 277 | 280 | 275 | 233 |
| EBITDA | 197 | 396 | 410 | 437 | 461 | 425 | 205 |
| EBITDA margin | +13.4% | +23.7% | +23.2% | +24.8% | +25.6% | +23.5% | +13.9% |
| Depreciation | 213 | 231 | 252 | 260 | 245 | 227 | 113 |
| Interest | 148 | 144 | 250 | 133 | 130 | 137 | 82.78 |
| Profit before tax | (125) | 57.52 | (66.58) | 82.42 | 120 | 78.89 | 23.75 |
| Tax | (45.25) | 20.57 | 15.90 | 27.64 | 36.51 | 12.69 | 17.43 |
| Net profit | (81.28) | 38.61 | (81.85) | 54.37 | 85.12 | 69.02 | 6.77 |
| Net profit margin | -5.5% | +2.3% | -4.6% | +3.1% | +4.7% | +3.8% | +0.5% |
| EPS (₹) | (6.62) | 3.07 | (6.86) | 4.62 | 7.00 | 5.58 | 0.53 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 121 | 120 | 120 | 119 | 119 | 119 | 119 |
| Reserves & surplus | 341 | 415 | 362 | 426 | 369 | 300 | 284 |
| Shareholders' funds (net worth) | 462 | 535 | 482 | 559 | 499 | 425 | 402 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 488 | 628 | 590 | 1,015 | 554 | 450 | 571 |
| Unsecured loans | 632 | 603 | 515 | 607 | 605 | 656 | 132 |
| Total debt | 1,120 | 1,231 | 1,104 | 1,622 | 1,159 | 1,105 | 703 |
| Total liabilities | 1,607 | 1,792 | 1,615 | 2,216 | 1,698 | 1,567 | 1,135 |
| Assets | |||||||
| Gross block | 1,561 | 1,563 | 1,573 | 1,511 | 1,483 | 1,331 | 758 |
| Net block | 718 | 804 | 910 | 965 | 1,052 | 1,008 | 549 |
| Capital work in progress | 28.83 | 39.55 | 43.79 | 58.17 | 89.01 | 50.11 | 65.55 |
| Investments | 2.08 | 0.88 | 0.01 | 10.48 | 2.36 | 0.00 | 0.00 |
| Inventories | 87.91 | 74.03 | 64.89 | 72.01 | 63.90 | 91.86 | 135 |
| Sundry debtors | 731 | 904 | 915 | 491 | 456 | 443 | 367 |
| Cash & bank balances | 116 | 94.01 | 80.65 | 694 | 75.88 | 38.11 | 28.06 |
| Loans & advances | 163 | 143 | 124 | 412 | 261 | 204 | 212 |
| Total current assets | 1,098 | 1,215 | 1,184 | 1,669 | 857 | 777 | 742 |
| Total current liabilities | 484 | 491 | 737 | 697 | 543 | 487 | 420 |
| Net working capital | 614 | 724 | 447 | 971 | 314 | 290 | 322 |
| Total assets | 1,607 | 1,792 | 1,615 | 2,216 | 1,698 | 1,567 | 1,135 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Opening cash | 15.77 | 30.02 | 592 | 10.61 | 27.00 | 21.40 | 17.88 |
| Net cash from operating activities | 349 | 249 | 325 | 418 | 446 | 486 | 196 |
| Net cash from investing activities | (15.17) | (126) | (12.08) | (156) | (291) | (165) | (161) |
| Net cash from financing activities | (316) | (137) | (875) | 320 | (172) | (315) | (30.71) |
| Net change in cash | 18.48 | (14.24) | (562) | 582 | (16.39) | 5.60 | 3.52 |
| Closing cash | 116 | 94.01 | 80.65 | 694 | 75.88 | 38.11 | 28.06 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -12.0% | -5.7% | +0.7% | -2.3% | -0.3% | +22.6% | +12.6% |
| EBITDA growth | -50.1% | -3.5% | -6.1% | -5.3% | +8.6% | +106.9% | +35.5% |
| PBT growth | - | +9998.0% | - | -31.0% | +51.5% | +232.2% | +9998.0% |
| Net income growth | - | +9998.0% | - | -36.1% | +23.3% | +919.5% | +9998.0% |
| Revenue CAGR (3Y) | -5.8% | -2.5% | -0.6% | +6.1% | +11.2% | - | - |
| EBITDA CAGR (3Y) | -23.3% | -5.0% | -1.2% | +28.6% | +44.9% | - | - |
| Profitability & leverage | |||||||
| Net income margin | -5.5% | +2.2% | -4.7% | +3.1% | +4.6% | +3.7% | +0.4% |
| Return on capital employed | 0.0% | +11.8% | +9.6% | +11.0% | +15.3% | +16.0% | +10.1% |
| Return on net worth | 0.0% | +7.3% | -15.9% | +10.4% | +18.0% | +16.0% | +1.7% |
| Debt / equity | 2.36 | 2.30 | 2.62 | 2.63 | 2.45 | 2.19 | 1.71 |
| Long-term debt / equity | 1.37 | 1.46 | 1.77 | 1.70 | 1.62 | 1.25 | 0.76 |
| Interest cover | -935.99 | 87.10 | 158.12 | 75.06 | 60.14 | 69.14 | 89.51 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.94 | 1.07 | 1.15 | 1.18 | 1.28 | 1.73 | 2.19 |
| Inventory turnover | 18.16 | 24.06 | 25.89 | 25.88 | 23.12 | 15.89 | 9.77 |
| Debtors turnover | 1.80 | 1.84 | 2.52 | 3.71 | 4.00 | 4.46 | 4.48 |
| EPS (₹) | (6.62) | 3.07 | (6.86) | 4.62 | 7.00 | 5.58 | 0.53 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 38.15 | 44.41 | 40.09 | 45.95 | 41.11 | 35.29 | 33.93 |
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 154 | 257 | 244 | 243 | 267 | 273 | 261 | 304 |
| Revenue growth (YoY) | -42.3% | -5.8% | -6.8% | -20.2% | -13.0% | -7.2% | -14.5% | +2.7% |
| Other income | 4.57 | 10.69 | 8.62 | 5.38 | 5.15 | 33.41 | 6.38 | 8.42 |
| Total expenses | 270 | 193 | 175 | 216 | 233 | 281 | 202 | 259 |
| EBITDA | (117) | 63.93 | 68.16 | 26.95 | 33.16 | (8.41) | 59.50 | 45.53 |
| EBITDA margin | -76.0% | +24.9% | +28.0% | +11.1% | +12.4% | -3.1% | +22.8% | +15.0% |
| Depreciation | 31.63 | 34.64 | 36.20 | 37.95 | 39.20 | 40.79 | 40.13 | 40.05 |
| Interest | 30.43 | 29.82 | 29.54 | 30.84 | 31.89 | 31.22 | 32.10 | 33.61 |
| Profit before tax | (174) | 10.16 | 11.04 | (36.46) | (32.78) | (47.01) | (6.35) | (19.71) |
| Tax | (41.96) | 2.90 | 3.47 | (31.53) | (10.22) | (12.27) | (1.58) | (4.33) |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,043 | 1,210 | 1,317 | 1,373 | 1,458 | 1,547 | 1,309 |
| Revenue growth | +0.6% | -6.9% | +0.1% | -5.5% | -20.9% | +18.2% | +5.6% |
| Other income | 50.32 | 28.54 | 15.02 | 33.99 | 24.36 | 14.25 | 11.80 |
| Total expenses | 932 | 927 | 995 | 995 | 1,053 | 1,332 | 1,127 |
| Employee cost | 112 | 129 | 139 | 137 | 134 | 140 | 112 |
| EBITDA | 111 | 284 | 322 | 378 | 405 | 216 | 182 |
| EBITDA margin | +10.7% | +23.4% | +24.4% | +27.6% | +27.8% | +14.0% | +13.9% |
| Depreciation | 158 | 172 | 187 | 197 | 194 | 93.66 | 87.37 |
| Interest | 126 | 122 | 231 | 114 | 111 | 68.64 | 74.28 |
| Profit before tax | (123) | 18.15 | (81.46) | 101 | 124 | 67.80 | 32.07 |
| Tax | (55.60) | 3.27 | 7.17 | 31.02 | 34.53 | 25.59 | 12.87 |
| Net profit | (68.92) | 16.07 | (88.34) | 69.27 | 91.84 | 42.21 | 21.39 |
| Net profit margin | -6.6% | +1.3% | -6.7% | +5.0% | +6.3% | +2.7% | +1.6% |
| EPS (₹) | (5.53) | 1.23 | (7.37) | 5.91 | 7.47 | 3.56 | 1.62 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 121 | 120 | 120 | 119 | 120 | 119 | 119 |
| Reserves & surplus | 393 | 455 | 432 | 516 | 444 | 422 | 375 |
| Shareholders' funds (net worth) | 514 | 576 | 552 | 635 | 562 | 541 | 493 |
| Secured loans | 425 | 554 | 514 | 914 | 457 | 0.00 | 506 |
| Unsecured loans | 520 | 505 | 443 | 540 | 5.11 | 376 | 103 |
| Total debt | 945 | 1,059 | 956 | 1,455 | 463 | 376 | 609 |
| Total liabilities | 1,473 | 1,650 | 1,526 | 2,109 | 1,360 | 935 | 1,121 |
| Assets | |||||||
| Gross block | 1,080 | 1,089 | 1,139 | 1,115 | 760 | 415 | 579 |
| Net block | 535 | 598 | 694 | 739 | 448 | 415 | 415 |
| Capital work in progress | 27.24 | 34.54 | 37.34 | 35.67 | 44.59 | 23.04 | 46.18 |
| Investments | 302 | 290 | 266 | 276 | 266 | 220 | 142 |
| Inventories | 86.61 | 72.61 | 64.05 | 70.19 | 62.46 | 91.27 | 134 |
| Sundry debtors | 573 | 718 | 769 | 707 | 407 | 421 | 353 |
| Cash & bank balances | 81.41 | 60.17 | 47.86 | 668 | 44.08 | 22.99 | 19.03 |
| Loans & advances | 120 | 114 | 102 | 73.65 | 218 | 171 | 199 |
| Total current assets | 861 | 965 | 983 | 1,519 | 731 | 706 | 706 |
| Total current liabilities | 431 | 406 | 610 | 615 | 701 | 590 | 367 |
| Net working capital | 430 | 559 | 373 | 904 | 29.91 | 116 | 339 |
| Total assets | 1,473 | 1,650 | 1,526 | 2,109 | 1,360 | 935 | 1,121 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.55 | 20.87 | 584 | 4.26 | 13.89 | 13.92 | 7.19 |
| Net cash from operating activities | 303 | 196 | 237 | 363 | 391 | 332 | 210 |
| Net cash from investing activities | (5.24) | (109) | 29.83 | (117) | (235) | (150) | (149) |
| Net cash from financing activities | (279) | (101) | (830) | 334 | (165) | (182) | (54.52) |
| Net change in cash | 17.84 | (14.32) | (563) | 579 | (9.62) | (0.04) | 6.73 |
| Closing cash | 81.41 | 60.17 | 47.86 | 668 | 44.08 | 22.99 | 19.03 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -13.8% | -8.1% | -4.1% | -5.8% | -5.8% | +18.2% | +7.5% |
| EBITDA growth | -60.8% | -11.8% | -15.0% | -6.5% | +87.5% | +18.7% | +21.1% |
| PBT growth | - | +9998.0% | - | -18.7% | +83.5% | +111.4% | +176.2% |
| Net income growth | - | +9998.0% | - | -24.6% | +117.6% | +97.3% | +288.9% |
| Revenue CAGR (3Y) | -8.8% | -6.0% | -5.2% | +1.6% | +6.2% | +10.7% | +3.9% |
| EBITDA CAGR (3Y) | -33.5% | -11.2% | +14.2% | +27.6% | +39.1% | +17.4% | +1.8% |
| Profitability & leverage | |||||||
| Net income margin | -6.4% | +1.2% | -6.7% | +5.1% | +6.2% | +2.7% | +1.5% |
| Return on capital employed | +0.2% | +8.8% | +8.2% | +12.4% | +20.5% | +14.0% | +10.8% |
| Return on net worth | -12.3% | +2.6% | -14.9% | +11.7% | +16.3% | +8.2% | +3.9% |
| Debt / equity | 1.84 | 1.79 | 2.03 | 1.60 | 0.76 | 0.85 | 1.03 |
| Long-term debt / equity | 1.13 | 1.17 | 1.39 | 1.07 | 0.47 | 0.54 | 0.53 |
| Interest cover | -268.97 | 109.35 | 171.73 | 62.94 | 52.62 | 56.17 | 78.56 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.96 | 1.09 | 1.17 | 1.47 | 2.05 | 2.50 | 2.50 |
| Inventory turnover | 13.11 | 17.71 | 19.62 | 20.70 | 18.96 | 13.74 | 8.75 |
| Debtors turnover | 1.62 | 1.63 | 1.78 | 2.47 | 3.52 | 4.00 | 4.09 |
| EPS (₹) | (5.53) | 1.23 | (7.37) | 5.91 | 7.47 | 3.56 | 1.62 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 42.47 | 47.78 | 45.92 | 53.53 | 46.87 | 45.59 | 41.64 |
Shareholding Pattern of Ags Transact Technologies Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 26.50%, foreign institutional investors hold 0.10%, domestic institutional investors hold 3.60%, retail and other public shareholders hold 69.80% of Ags Transact Technologies Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 26.50% | 26.50% | 26.50% | 26.50% |
| Public | 73.50% | 73.50% | 73.50% | 73.50% |
Group Structure of Ags Transact Technologies Limited
Ags Transact Technologies Limited has 3 subsidiary companies. This group structure data is as of FY 2024. The corporate group structure reflects Ags Transact Technologies Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| India Transact Services Limited | U72900MH2007PLC172249 | - |
| Securevalue India Limited | U74120MH2012PLC230193 | - |
| Ags Community Foundation | U85300MH2019NPL330923 | - |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Ags Transact Technologies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jan 2025 | Others | ₹2.73 Cr | Open |
| 12 Jun 2024 | Others | ₹50 Cr | Open |
| 12 Jun 2024 | Others | ₹75 Cr | Open |
| 03 Jun 2024 | Sbicap Trustee Company Limited | ₹117.46 Cr | Open |
| 31 May 2024 | Others | ₹31 Cr | Open |
Total charge records: 61 View all charges
Employees and EPFO Compliance at Ags Transact Technologies Limited
Ags Transact Technologies Limited has a workforce of 1,016 employees as of Dec 24, 2025.
Employee and EPFO history for Ags Transact Technologies Limited
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GST Compliance of Ags Transact Technologies Limited
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Credit Ratings, Litigation & Regulatory Alerts for Ags Transact Technologies Limited
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MSME Payment Delays by Ags Transact Technologies Limited
MSME payment history for Ags Transact Technologies Limited
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Subsidiaries & Group Companies of Ags Transact Technologies Limited
Corporate group structure for Ags Transact Technologies Limited
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MCA Filings & Documents of Ags Transact Technologies Limited
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Recent Activity on Ags Transact Technologies Limited
Recent News on Ags Transact Technologies Limited
Frequently Asked Questions about Ags Transact Technologies Limited
Ags Transact Technologies Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Ags Transact Technologies Limited is a company under insolvency, formerly operating as a public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 11 December 2002 and is registered under CIN L72200MH2002PLC138213. Listed on BSE: 543451. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ags Transact Technologies Limited reported revenue of ₹1,470.63 Cr for FY 2023-24 (down 12.01% YoY) based on consolidated financials.
The current directors of Ags Transact Technologies Limited are:
- Sudip Bandyopadhyay - Director
- Stanley Johnson Panacherry - Director
- Ravi Badrinarain Goyal - Managing Director
The CIN (Corporate Identification Number) of Ags Transact Technologies Limited is L72200MH2002PLC138213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Ags Transact Technologies Limited is listed on BSE with code 543451.