
About AGS Transact Technologies
AGS Transact Technologies is a publicly listed company based in Mumbai (India) founded in 2002 by Ravi B Goyal. It operates as an end-to-end payment processing solutions are provided for merchants and businesses. AGS Transact Technologies has raised $80.99 million across 4 funding rounds from investors including TPG, Actis and Trust Capital. The company has 2,490 employees. AGS Transact Technologies was last valued at $242.4 million in August 2012. Its Indian entity Ags Transact Technologies Limited reported revenue of βΉ1,094 Cr. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its competitors include Stripe, Razorpay, Flutterwave, PayU and Xendit and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Founded in 2002 and headquartered in Mumbai, India, AGS Transact Technologies operates in the financial technology sector. Integrated omnichannel payment solutions are offered to banks and corporate clients, encompassing digital and cash-based services. Customized products and services are delivered, including ATM and cash recycler machine outsourcing, cash management, merchant solutions, transaction processing, and mobile wallets.
- Headquarters Mumbai, India
- Employees 2,490
- Founders Ravi B Goyal
- Stage Public
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website agsindia.com
- Social LinkedIn X
- Legal Name Ags Transact Technologies Ltd.
- Market Cap₹27.36 Cr
AGSTRA · NSE
- Share Price₹2.09
-1.88% today
- Revenue₹1,471 Cr
FY 2023-24 · -12.0% YoY
- EBITDA₹197 Cr
Margin 13.4%
- Net Profit−₹81.28 Cr
FY 2023-24 · -310.5% YoY
- Debt / Equity2.36
Interest cover -936.0x
- Total Equity Funding$80.99M (USD)
in 4 rounds
- Latest Funding Round$75.45M (USD), Debt – Conventional
Mar 2021
- InvestorsTPG
& 3 more
- Employee Count2,490
Associated legal entities of AGS Transact Technologies
AGS Transact Technologies is associated with 2 registered companies on The Company Check; the primary company is Ags Transact Technologies Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ags Transact Technologies Limited Listed CIN L72200MH2002PLC138213 | Under Cirp | 11 Dec 2002 | Mumbai, Maharashtra | ₹1,094 Cr | 1,016 | 3 | View details |
| India Transact Services Limited CIN U72900MH2007PLC172249 | Active | 11 Jul 2007 | Mumbai, Maharashtra | ₹176 Cr | 49 | 3 | View details |
Funding Insights of AGS Transact Technologies
AGS Transact Technologies has successfully raised a total of $80.99M across 4 strategic funding rounds. The most recent funding activity was a Debt β Conventional round of $75.45 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $80.99M
- Total Rounds 4
- Last Round Debt – Conventional β $75.45M
- First Round $31.94M
(Jun 2011)
- Investors Count 4
All 4 funding rounds of AGS Transact Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| Aug 2012 | $242.4M | β’β’β’β’β’β’β’β’ |
| Mar 2012 | $129.24M | β’β’β’β’β’β’β’β’ |
| Jun 2011 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
Full valuation and stage history of AGS Transact Technologies
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $242.4M (Aug 2012). 4 investors in total: 4 institutional.
Investors in AGS Transact Technologies
AGS Transact Technologies has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include TPG, Actis and Trust Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sustainable infrastructure projects are invested in for essential services. | 1987 | act.is | London, United Kingdom | |
Fund of funds focused on pre-seed and seed-stage companies | 1992 | tpg.com | Fort Worth, United States | |
Multiple sectors are invested in via fund of funds structure. | – | trustcapital.in | Kolkata, India | |
Provider of investment advisory services | – | kotakinvestmentadvisors.tcc.mode | Mumbai, India |
Investor details for AGS Transact Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ags Transact Technologies Limited (AGS Transact Technologies)
Ags Transact Technologies Limited is the primary company behind AGS Transact Technologies. The boards of the 2 registered companies of AGS Transact Technologies currently have 4 directors; the longest-serving is Ravi Badrinarain Goyal, appointed in 2002. 61 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravi Badrinarain Goyal DIN 01374288 | Managing Director | 11 Dec 2002 | 23 yrs 10 mo | Ags Transact Technologies Limited, India Transact Services Limited |
| Stanley Johnson Panacherry DIN 08914900 | Director | 09 Jun 2021 | 5 yrs 4 mo | Ags Transact Technologies Limited |
| Sudip Bandyopadhyay DIN 00007382 | Director | 29 Mar 2023 | 3 yrs 6 mo | Ags Transact Technologies Limited, India Transact Services Limited |
| Nikesh Samaiya DIN 01444465 | Director | 01 Apr 2025 | 1 yr 6 mo | India Transact Services Limited |
People of AGS Transact Technologies
12 people are tracked at AGS Transact Technologies (3 in leadership, 5 in board & advisors, 4 in team); the tracked headcount is 2,490.
| Name | Role | Group |
|---|---|---|
| Founder & MD | Leadership | |
Shailesh S. Shetty | Managing Director | Leadership |
Ranjitsinh Gohil | Branch Head | Leadership |
| Director | Board & advisors | |
Anupama R. Goyal | Director | Board & advisors |
Preeti Malhotra | Non-Executive, Independent Director | Board & advisors |
Jhuma Guha | Non-Executive, Independent Director | Board & advisors |
Rahul Narain Bhagat | Director | Board & advisors |
Kaushal Sheth | Location IN Charge AT Gandhidham | Team |
Raju Pal | Senior Executive Human Resources | Team |
Krishna Haldankar | Secure Value India Pvt Ltd Company | Team |
Ajit Dhavan | Management Information System Executive | Team |
Complete people profiles for AGS Transact Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of AGS Transact Technologies
AGS Transact Technologies is a publicly listed company on the NSE with ticker symbol AGSTRA in India, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date31 Jan 2022
- Listed onNSE: AGSTRA · BSE: 543451
- Listed entityAGS Transact Technologies Ltd.
- Exchange sectorCommercial services
- ISININE583L01014
- Share price₹2.21 (-1.78% on the day) · 2026-10-14
- Market capitalisation₹29.9 Cr
- Volume (last session)12,612
Financials of AGS Transact Technologies
Exchange-reported figures of Ags Transact Technologies Limited, the listed company behind AGS Transact Technologies (NSE: AGSTRA).
Financial Highlights
FY 2023-24 Β· 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 | -12.0% | -5.7% | +0.7% | -2.3% | -0.3% | +22.6% | - |
| 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 (βΉ) | (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% | - | - | - |
| 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 (βΉ) | (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 | -13.8% | -8.1% | -4.1% | -5.8% | -5.8% | +18.2% | - |
| 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 (βΉ) | (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% | - | - | - |
| 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% | - | - | - |
| 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 (βΉ) | (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 | -12.0% | -5.7% | +0.7% | -2.3% | -0.3% | +22.6% | - |
| 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 (βΉ) | (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% | - |
| EBITDA growth | -50.1% | -3.5% | -6.1% | -5.3% | +8.6% | +106.9% | - |
| PBT growth | - | +9998.0% | - | -31.0% | +51.5% | +232.2% | +9998.0% |
| Net income growth | -310.5% | +147.2% | -250.5% | -36.1% | +23.3% | +919.5% | - |
| 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 (βΉ) | (6.62) | 3.07 | (6.86) | 4.62 | 7.00 | 5.58 | 0.53 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 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% | - | - | - |
| 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 | -13.8% | -8.1% | -4.1% | -5.8% | -5.8% | +18.2% | - |
| 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 (βΉ) | (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% | - |
| EBITDA growth | -60.8% | -11.8% | -15.0% | -6.5% | +87.5% | +18.7% | - |
| PBT growth | - | +9998.0% | - | -18.7% | +83.5% | +111.4% | +176.2% |
| Net income growth | -528.9% | +118.2% | -227.5% | -24.6% | +117.6% | +97.3% | - |
| 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 (βΉ) | (5.53) | 1.23 | (7.37) | 5.91 | 7.47 | 3.56 | 1.62 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 42.47 | 47.78 | 45.92 | 53.53 | 46.87 | 45.59 | 41.64 |
Timeline of AGS Transact Technologies
5 dated milestones of AGS Transact Technologies across 20 years, from founding to its latest funding, stage changes and deals.
- Founded AGS Transact Technologies is founded.
- Funding First funding round of $31.9M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt β Conventional, of $75.5M.
- IPO Lists on the stock exchange (IPO).
Competitors of AGS Transact Technologies
AGS Transact Technologies has 9 listed competitors in our database, 8 of them funded. They include Stripe, Razorpay, Flutterwave, PayU and Xendit, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | – | Provider of payment processing solutions for businesses | |
| payu.com | 2002 | Amsterdam, Netherlands | $35.15M | 1,200 | Online payment processing and credit solutions are provided for businesses. | |
| xendit.co | 2015 | Jakarta, Indonesia | $554.2M | – | Online payment and money transfer platform for businesses | |
| adyen.com | 2006 | Amsterdam, Netherlands | $266M | 67 | Payment issuance and processing solutions are provided for businesses. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| aciworldwide.com | 1975 | Omaha, United States | – | 4,732 | Digital payments are processed and managed via specialized solutions. | |
| fomopay.com | 2015 | Singapore | $13M | – | Diversified payment processing solutions are provided to merchants. |
Detailed competitors of AGS Transact Technologies
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Web traffic of AGS Transact Technologies
The website of AGS Transact Technologies (agsindia.com) receives about 1.1K visits a month.
- Monthly visits1.1K
Websites whose visitors overlap most with AGS Transact Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
agscinemas.com | agscinemas.com | 100% | – | #1,328,933 | β |
atmmarketplace.com | atmmarketplace.com | 74% | – | #1,236,743 | β |
| capitalmarket.com | 67% | 81.2K | #358,709 | View details | |
| marketsmojo.com | 67% | 834.5K | #72,195 | View details | |
tradebrains.in | tradebrains.in | 67% | – | #17,984 | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 8 similar websites and full traffic analytics for AGS Transact Technologies
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- Audience overlap
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Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as AGS Transact Technologies (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
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Related news about Ags Transact Technologies
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Frequently Asked Questions about AGS Transact Technologies
AGS Transact Technologies was founded in 2002 and raised its 1st funding round 9 years after it was founded.
AGS Transact Technologies is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
AGS Transact Technologies is a funded company, having raised a total of $80.99M across 4 funding rounds to date. The company's 1st funding round was a Private Equity Round of $31.94M, raised on Jun 2011.
AGS Transact Technologies has 2,490 employees.
The primary company behind AGS Transact Technologies, Ags Transact Technologies Limited, reported revenue of βΉ1,094 Cr for FY 2024, down 12% year on year.
Founded in 2002 and headquartered in Mumbai, India, AGS Transact Technologies operates in the financial technology sector. Integrated omnichannel payment solutions are offered to banks and corporate clients, encompassing digital and cash-based services. Customized products and services are delivered, including ATM and cash recycler machine outsourcing, cash management, merchant solutions, transaction processing, and mobile wallets.
Yes, AGS Transact Technologies is publicly traded on NSE under the ticker symbol AGSTRA.
AGS Transact Technologies has 4 investors. Key investors include TPG, Actis, Trust Capital, and Kotak Investment Advisors.
The valuation of AGS Transact Technologies is $242.4M as of Aug 2012.
AGS Transact Technologies is associated with 2 legal entities: Ags Transact Technologies Limited, India Transact Services Limited.
The legal entities of AGS Transact Technologies currently have 4 directors, including Stanley Johnson Panacherry, Sudip Bandyopadhyay, Ravi Badrinarain Goyal and others.
