- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-19-0009938

About Payik Sentinels Private Limited
Data last updated:
Payik Sentinels Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the security and surveillance segment of the business services sector. It was incorporated on 21 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74920OR2005PTC008125. Its GSTIN is 21AADCP5452H1ZO (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Sidharth Kumar Routray (Managing Director) and Malati Routray.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at At A 41 Ashok Nagarjanpath, Bhubaneswar, Odisha, India – 751009.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.16 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹3.08 Lakh (net margin -0.2%) and EBITDA of ₹72.53 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 10% over five years.
The company has about 761 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Payik Sentinels. As per MCA filings, the company has open charges of ₹2.59 Cr on record. Court records list 17 cases involving the company, including 12 filed by the company and 5 filed against it; 9 cases are pending.
Payik Sentinels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0009938). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thepayiks.com.
Company details
Recognitions & Rankings of Payik Sentinels
Contact details
Payik Sentinels Private Limited's registered office is in Bhubaneswar, Odisha. Its website is thepayiks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAt A 41 Ashok Nagarjanpath, Bhubaneswar, Odisha, India – 751009
- IndustryBusiness Services, Security & Surveillance
To see the full contact details of Payik Sentinels Private 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
Payik Sentinels operates one associated brand: Payik Sentinels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Security and facility management services in India. | thepayiks.com |
Business activity
The main business activity of Payik Sentinels is support service to organizations. In detail, this covers security and investigation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities |
To see the full business activity and turnover split of Payik Sentinels Private Limited, buy the company report.
Financials of Payik Sentinels Private Limited
FY 2025 filings availablePayik Sentinels Private Limited reported revenue of ₹20.16 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 18% growth in the latest year. EBITDA fell 31% 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 |
|---|---|---|---|---|---|
| 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 | ₹72.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.08 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | -0.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Payik Sentinels Private Limited, buy the company report.
Board of directors of Payik Sentinels Private Limited
Payik Sentinels has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malati Routray Also directs: Lingaraj Talkies Pvt Ltd | Director | 01 Feb 2013 | 13 Years 9 Months | Current |
| Sidharth Kumar Routray Also directs: Biosourcing.Com Private Limited, Sai Ayurvedic Private Limited | Managing Director | 21 Apr 2005 | 21 Years 6 Months | Current |
| Nirmal Kumar Mohapatra | Director | 26 Aug 2019 | 7 Years 2 Months | Current |
| Anita Misra Also directs: Biosourcing.Com Private Limited, Sai Ayurvedic Private Limited | Director | 21 Apr 2005 | 21 Years 6 Months | Current |
Peer comparison
Payik Sentinels Private Limited is compared with the 5 companies closest to it by revenue in the Business Services industry (Security Services), with the same principal business activity (security and investigation activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pioneer Security and Allied Services Private Limited | ₹20.35 Cr (FY 2024) | 28.0% | Ahmedabad, Gujarat, India | |||
| K1 Security Services Private Limited | ₹20.3 Cr (FY 2025) | 9.0% | Bhubaneswar, Odisha, India | |||
| Shubham HP Security Force India Private Limited | ₹20.22 Cr (FY 2019) | 40.0% | Navi Mumbai, Maharashtra, India | |||
| Payik Sentinels Private Limitedthis company | ₹20.16 Cr (FY 2025) | -₹3.08 Lakh | -0.2% | 18.0% | 761 | Bhubaneswar, Odisha, India |
| Hawk Eye Protection Services Private Limited | ₹20.08 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Ravindra Services Private Limited | ₹20.06 Cr (FY 2025) | 20.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Payik Sentinels Private Limited, buy the company report.
Auditor
Payik Sentinels Private Limited is audited by CHAND & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHAND & CO | FY 2021 | 323167E |
Shareholding
The shareholding of Payik Sentinels Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Payik Sentinels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2023 | 100842988 | Hdfc Bank Limited | ₹2.58 Lakh | Open | |
| 02 May 2023 | 100773366 | Hdfc Bank Limited | ₹17.59 Lakh | Open | |
| 07 Jun 2021 | 100460575 | Hdfc Bank Limited | ₹2.3 Cr | Open | |
| 16 Oct 2018 | 100265907 | Others | ₹9 Lakh | Open |
To see the full charge records of Payik Sentinels Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Payik Sentinels Private Limited has 17 court cases on record: 12 filed by Payik Sentinels, 5 filed against it. 9 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 5 | 7 |
| District courts | 2 | 0 | 2 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Writ petition | Filed by the company against M.D.,Odisha State Beverages Corporation Limited and 2 others | Pending |
| High Court, ORISSA | Writ petition | Filed by the company against Md,Odisha State Beverages Corporation Ltd and 2 others | Disposed |
| High Court of Orissa | Writ petition | Filed by the company against The Odisha Hydro Power Corporation Ltd. | Disposed |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against M/S Evertrade India | Pending |
| High Court of Orissa | Writ petition | Filed by the company against State of Odisha Beverages Corporation Ltd., Khurda and 2 others | Pending |
To see the full case history of Payik Sentinels Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Payik Sentinels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Payik Sentinels Private Limited has a workforce of 761 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Payik Sentinels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCP5452H1ZO | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Payik Sentinels Private Limited, buy the company report.
Recent activity
Payik Sentinels Private Limited has 6 board changes on record since 2005: 5 appointments and 1 cessation. The latest: Rashmi Kanta Ray ceased to be Director on 28 Nov 2024.
2 earlier events are in the company report.
Frequently asked questions
Payik Sentinels is an active private limited company based in Bhubaneswar, Odisha, India. The company works in security and surveillance, within the business services industry. It was incorporated on 21 April 2005 (21+ years old) and is registered under CIN U74920OR2005PTC008125.
Payik Sentinels has 4 current directors:
- Sidharth Kumar Routray - Managing Director
- Malati Routray - Director
- Nirmal Kumar Mohapatra - Director
- Anita Misra - Director
The latest financial statements of Payik Sentinels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Payik Sentinels is 21AADCP5452H1ZO, registered in Odisha.
The CIN (Corporate Identification Number) of Payik Sentinels is U74920OR2005PTC008125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payik Sentinels has 17 court cases on record: 12 filed by the company and 5 filed against it. 9 are pending. Most are in the high courts.
Payik Sentinels was incorporated on 21 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Payik Sentinels by revenue are Pioneer Security and Allied Services Private Limited, K1 Security Services Private Limited, Shubham HP Security Force India Private Limited, Hawk Eye Protection Services Private Limited, Ravindra Services Private Limited, all in the Business Services industry (Security Services), with the same principal business activity (security and investigation activities).
Rashmi Kanta Ray ceased to be Director on 28 Nov 2024. Nirmal Kumar Mohapatra was appointed as Director on 26 Aug 2019. Malati Routray was appointed as Director on 01 Feb 2013. Payik Sentinels has 6 board changes on record in total.
Yes, Payik Sentinels is registered as a small enterprise under Udyam registration (number: UDYAM-OD-19-0009938).
Payik Sentinels can be reached through the website thepayiks.com. Its registered office is in Bhubaneswar, Odisha, India.

