About Famacash India Private Limited
Data last updated:
Famacash India Private Limited is a foreign private limited company based in Indore, Madhya Pradesh, India, a subsidiary of Fama Inc. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 29 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2017FTC044026. Its GSTIN is 23AADCF1899G1ZL (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Priya Jain and Abhishek Kotwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.95 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹3.06 Lakh (net margin -34.2%) and EBITDA of ₹67,580 (EBITDA margin 7.6%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 31% over five years.
The company is associated with 1 brand: Famacash.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website famacash.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address337 Hi Link City, Aerodrum Road, Indore, Madhya Pradesh, India – 452005
- IndustryFinancial Services, Digital Payment Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Famacash India Private Limited
The main business activity of Famacash India is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Famacash India Private Limited FY 2024 filings available
Famacash India Private Limited reported revenue of ₹8.95 Lakh (down 78% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Famacash India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 78% fall in the latest year. EBITDA fell 77% 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 of Famacash India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹67,580 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.06 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Famacash India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -34.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Famacash India are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Famacash India Private Limited
Famacash India Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Solution Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nsewa Service Private Limited | ₹9.4 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Rezopay Solutions Private Limited | ₹9.29 Lakh (FY 2022) | •••• | •••• | •••• | Motihari, Bihar, India | |
| Oasys One Stop Solution Private Limited | ₹9.22 Lakh (FY 2025) | •••• | •••• | -82.0% | •••• | Chennai, Tamil Nadu, India |
| Swinkpay Technologies (India) Private Limited | ₹9.18 Lakh (FY 2021) | •••• | •••• | 609.0% | •••• | Lucknow, Uttar Pradesh, India |
| Pay Sky Technologies Private Limited | ₹9 Lakh (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Famacash India Private Limited this company | ₹8.95 Lakh (FY 2024) | •••• | •••• | -78.0% | •••• | Indore, Madhya Pradesh, India |
| Infra Payments India Private Limited | ₹8.49 Lakh (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Lemon Peak Payment Services Private Limited | ₹8.26 Lakh (FY 2024) | •••• | •••• | -59.0% | •••• | Chennai, Tamil Nadu, India |
| Credit Lifeline Pioneering India Private Limited | ₹8 Lakh (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Azzunique Software Private Limited | ₹7.89 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Jaipur, Rajasthan, India |
| Kaihastu Solutions Private Limited | ₹7.82 Lakh (FY 2021) | •••• | •••• | 209.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Famacash India by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Famacash India Private Limited
Famacash India Private Limited is audited by KJ &CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KJ &CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Famacash India Private Limited
Famacash India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priya Jain Also directs: Shree Mahamantra Padmavati Real Estate Private Limited | Director | 30 Mar 2023 | 3 Years 6 Months | Current |
| Abhishek Kotwal | Director | 29 Aug 2017 | 9 Years 1 Months | Current |
Ownership and Shareholding of Famacash India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Famacash India Private Limited
Famacash India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Famacash India Private Limited
Famacash India operates one associated brand: Famacash. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile payment application and cash withdrawal. | famacash.com |
Employees and EPFO Compliance at Famacash India Private Limited
Employment history and EPFO contributions of people linked to Famacash India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Famacash India Private Limited
Famacash India Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Priya Jain ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Famacash India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Famacash India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Famacash India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Famacash India Private Limited
Famacash India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCF1899G1ZL | Madhya Pradesh | Active | 27 Apr 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Famacash India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Famacash India Private Limited
Frequently Asked Questions about Famacash India Private Limited
Famacash India is an active foreign private limited company based in Indore, Madhya Pradesh, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 29 August 2017 (9+ years old) and is registered under CIN U72900MP2017FTC044026.
Famacash India reported revenue of ₹8.95 Lakh for FY 2024 (down 78% YoY).
Famacash India has 2 current directors:
- Priya Jain - Director
- Abhishek Kotwal - Director
Famacash India reported a net loss of ₹3.06 Lakh (net margin -34.2%) and EBITDA of ₹67,580 (EBITDA margin 7.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Famacash India is -56% over three years and -31% over five years. In the latest year (FY 2024) revenue fell 78%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Famacash India is 23AADCF1899G1ZL, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Famacash India is U72900MP2017FTC044026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Famacash India was incorporated on 29 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Famacash India by revenue are Nsewa Service Private Limited, Rezopay Solutions Private Limited, Oasys One Stop Solution Private Limited, Swinkpay Technologies (India) Private Limited, Pay Sky Technologies Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Priya Jain ceased to be Additional Director on 29 Sep 2023. Arpit Maru ceased to be Director on 31 Mar 2023. Priya Jain was appointed as Director on 30 Mar 2023. Famacash India has 4 board changes on record in total.
Famacash India can be reached through the website famacash.com. Its registered office is in Indore, Madhya Pradesh, India.