- Udyam number
- UDYAM-TN-03-0070900

About Payoda Technologies Private Limited
Data last updated:
Payoda Technologies Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 08 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72200TZ2005PTC012269. Its GSTIN is 33AADCP7938G1ZA (Tamil Nadu). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹6.5 Cr. It is led by directors Pravin Ranganathan and Karunya Lakshmi.
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 42A Senguptha Street Ram Nagar, Coimbatore, Tamil Nadu, India – 641009.
As per the financials filed for FY 2025, the company reported a revenue of ₹105.35 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹10.15 Cr (net margin 9.6%) and EBITDA of ₹15.98 Cr (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 24% over five years.
The company has about 366 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.75 Cr and satisfied charges of ₹11.58 Cr on record. Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it; 1 case is pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.44 Cr; the latest was in October 2015. Its 10 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is P I T Solutions Limited with revenue of ₹106.04 Cr.
Payoda Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-03-0070900). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website payoda.com.
Company details
Recognitions & Rankings of Payoda Technologies
Contact details
Payoda Technologies Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is payoda.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address42A Senguptha Street Ram Nagar, Coimbatore, Tamil Nadu, India – 641009
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Payoda Technologies 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
Business activity
The main business activity of Payoda Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Payoda Technologies Private Limited, buy the company report.
Financials of Payoda Technologies Private Limited
FY 2025 filings availablePayoda Technologies Private Limited reported revenue of ₹105.35 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 29% growth in the latest year. EBITDA rose 12% 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 | ₹15.98 Cr | ||||
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| Net Profit (PAT) | ₹10.15 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 | 15.2% | ||||
| Net Profit Margin | 9.6% | ||||
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To see the full financial statements and ratios of Payoda Technologies Private Limited, buy the company report.
Board of directors of Payoda Technologies Private Limited
Payoda Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Ranganathan | Director | 18 Nov 2005 | 20 Years 11 Months | Current |
| Karunya Lakshmi | Director | 18 Mar 2010 | 16 Years 7 Months | Current |
Peer comparison
Payoda Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| P I T Solutions Limited | ₹106.04 Cr (FY 2025) | 15.0% | Thiruvananthapuram, Kerala, India | |||
| Prohance India Private Limited | ₹105.65 Cr (FY 2025) | 22.0% | Bangalore, Karnataka, India | |||
| Prowess Software Services Private Limited | ₹105.52 Cr (FY 2025) | 65.0% | Hyderabad, Telangana, India | |||
| Brandmuscle India Private Limited | ₹105.48 Cr (FY 2025) | 33.0% | Bangalore, Karnataka, India | |||
| Workmates Core2cloud Solution Limited | ₹105.43 Cr (FY 2025) | 97.0% | Kolkata, West Bengal, India | |||
| Payoda Technologies Private Limitedthis company | ₹105.35 Cr (FY 2025) | ₹10.15 Cr | 9.6% | 29.0% | 366 | Coimbatore, Tamil Nadu, India |
| Xebia NDS India Private Limited | ₹105.11 Cr (FY 2024) | 55.0% | Chennai, Tamil Nadu, India | |||
| Digital.Ai Software India Private Limited | ₹104.87 Cr (FY 2025) | -3.0% | Chennai, Tamil Nadu, India | |||
| Abm Knowledgeware Limited | ₹104.84 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Topsource Infotech Solutions Private Limited | ₹104.76 Cr (FY 2025) | 161.0% | Pune, Maharashtra, India | |||
| Wafer Space Semiconductor Technologies Private Limited | ₹104.32 Cr (FY 2025) | 12.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Payoda Technologies Private Limited, buy the company report.
Auditor
Payoda Technologies Private Limited is audited by SPP & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SPP & Co | FY 2023 | 011059S |
Shareholding
The shareholding of Payoda Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Payoda Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2025 | 101134908 | Indian Bank | ₹4 Cr | Open | |
| 18 Jul 2025 | 101136058 | Indian Bank | ₹1.75 Cr | Open | |
| 22 Jun 2017 | 100105942 | Others | ₹5.96 Cr | Satisfied | |
| 27 May 2016 | 100052080 | Standard Chartered Bank | ₹60 Lakh | Satisfied | |
| 27 Oct 2010 | 10253143 | Others | ₹5.02 Cr | Satisfied |
To see the full charge records of Payoda Technologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Payoda Technologies Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.44 Cr; the latest was in October 2015.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Funding round | ₹70 Lakh | Investors: 2 individuals |
| Jun 2010 | Funding round | ₹74 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Payoda Technologies Private Limited has 11 court cases on record: 9 filed by Payoda Technologies, 2 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 1 |
| District courts | 3 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed by the company against M/S. Neveah Technology Private Limited Director Dh-6/31, 02-362, Action Area 1-D, New Town, Rajarhat , District: Kolkata ,Kolkata , West Bengal and 3 others | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed by the company against M/S.Photon Infotech Pvt.Ltd. and 4 others | Disposed |
| High Court, TAMIL NADU | Revision petition | Filed by the company against M/S. Photon Infotech Pvt Ltd | Disposed |
| High Court | Writ petition | Filed by the company against Lakshadweep Building Development Board and 3 others | Pending |
| High Court, Kerala | Writ petition | Filed by the company against Lakshadweep Building Development Board, and 3 others | Disposed |
To see the full case history of Payoda Technologies 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.
Credit ratings & regulatory alerts
Payoda Technologies Private Limited was last rated by Crisil on 02 May 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 02 May 2019 |
To see the full credit ratings and regulatory alerts of Payoda Technologies Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Payoda Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Payoda Technologies Private Limited has a workforce of 366 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 366 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Payoda Technologies Private Limited, buy the company report.
GST
Payoda Technologies has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCP7938G1ZA | Tamil Nadu | Active | 01 Jul 2017 |
| 33AADCP7938G2Z9 | Tamil Nadu | Active | 28 Jul 2017 |
To see the full GST registrations and return filing status of Payoda Technologies Private Limited, buy the company report.
Recent activity
Payoda Technologies Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Dhandapani Srimathi ceased to be Company Secretary on 31 Mar 2020.
6 earlier events are in the company report.
Frequently asked questions
Payoda Technologies is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 08 November 2005 (21+ years old) and is registered under CIN U72200TZ2005PTC012269.
Payoda Technologies has 2 current directors:
- Pravin Ranganathan - Director
- Karunya Lakshmi - Director
The latest financial statements of Payoda Technologies 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 Payoda Technologies is 33AADCP7938G1ZA, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 33AADCP7938G2Z9 (Tamil Nadu).
The CIN (Corporate Identification Number) of Payoda Technologies is U72200TZ2005PTC012269. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payoda Technologies has 11 court cases on record: 9 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Payoda Technologies was incorporated on 08 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Coimbatore.
Payoda Technologies has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.44 Cr; the latest was in October 2015.
The peers of Payoda Technologies by revenue are P I T Solutions Limited, Prohance India Private Limited, Prowess Software Services Private Limited, Brandmuscle India Private Limited, Workmates Core2cloud Solution Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Dhandapani Srimathi ceased to be Company Secretary on 31 Mar 2020. Anand Kumar Purusothaman ceased to be Director on 05 Jun 2019. Purushothaman Venkatasamy ceased to be Director on 05 Feb 2015. Payoda Technologies has 5 board changes on record in total.
Yes, Payoda Technologies is registered as an MSME under Udyam registration (number: UDYAM-TN-03-0070900).

