About Paytronic Network Private Limited
Data last updated:
Paytronic Network Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 09 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2007PTC168537. Its GSTIN is 27AAECP2622A2ZY (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹44.94 Cr. It is led by directors including Krishna Nallanichakravarthula (Whole-Time Director) and Paresh Muljibhai Patel.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B/306 Shankar Dhan Plaza, J.N. Road Mulund West Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.22 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹12.33 Lakh (net margin -12.8%) and EBITDA of -₹1.03 Lakh (EBITDA margin -1.1%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 5% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Paytronic Network. Court records list 16 cases involving the company, including 16 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paytronicindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB/306 Shankar Dhan Plaza, J.N. Road Mulund West Mumbai, Maharashtra, India – 400080
- IndustryFinancial Services, Online Payment Gateways
- 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 Paytronic Network Private Limited
The main business activity of Paytronic Network 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 Paytronic Network Private Limited FY 2025 filings available
Paytronic Network Private Limited reported revenue of ₹96.22 Lakh (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Paytronic Network Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 9% fall in the latest year. EBITDA rose 82% 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 Paytronic Network Private Limited
| 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 | -₹1.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.33 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 Paytronic Network Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -12.8% | •••• | •••• | •••• | •••• |
| 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 Paytronic Network are in the company report.
Financial statements from 2015
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 Paytronic Network Private Limited
Paytronic Network 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 |
|---|---|---|---|---|---|---|
| Instabill Technologies Private Limited | ₹98.25 Lakh (FY 2025) | •••• | •••• | 29.0% | •••• | Dadri, Uttar Pradesh, India |
| Right2pay Infotech Private Limited | ₹97.85 Lakh (FY 2024) | •••• | •••• | 845.0% | •••• | Chennai, Tamil Nadu, India |
| Zambo Technology India Private Limited | ₹97.84 Lakh (FY 2025) | •••• | •••• | -75.0% | •••• | Lucknow, Uttar Pradesh, India |
| Pay2ment Software Technologies Private Limited | ₹97.51 Lakh (FY 2025) | •••• | •••• | 22.0% | •••• | Delhi, India |
| Lincpay Solutions Private Limited | ₹96.79 Lakh (FY 2024) | •••• | •••• | 13.0% | •••• | Raghuraj Nagar Satna, Madhya Pradesh, India |
| Paytronic Network Private Limited this company | ₹96.22 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Pro-Money Pay Solution Private Limited | ₹95.64 Lakh (FY 2024) | •••• | •••• | -27.0% | •••• | Ahmedabad, Gujarat, India |
| Dreampurse Technologies Private Limited | ₹95.54 Lakh (FY 2024) | •••• | •••• | 518.0% | •••• | Mumbai, Maharashtra, India |
| Wegrowwmore Agro Industries Private Limited | ₹95.21 Lakh (FY 2021) | •••• | •••• | 3930.0% | •••• | Nashik, Maharashtra, India |
| Nexg Payments Private Limited | ₹95.17 Lakh (FY 2025) | •••• | •••• | 188.0% | •••• | Haryana, India |
| Easyswift Services Private Limited | ₹94.81 Lakh (FY 2024) | •••• | •••• | 1603.0% | •••• | Bhagalpur, Bihar, India |
Peers are the five companies nearest above and the five nearest below Paytronic Network 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 Paytronic Network Private Limited
Paytronic Network Private Limited is audited by N S Gokhale& Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N S Gokhale& 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 Paytronic Network Private Limited
Paytronic Network has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Nallanichakravarthula | Whole-Time Director | 28 May 2023 | 3 Years 4 Months | Current |
| Paresh Muljibhai Patel | Director | 22 Apr 2021 | 5 Years 5 Months | Current |
| Bhaskar Sadhu Shetty | Additional Director | 06 Nov 2025 | 0 Years 11 Months | Current |
| Nayan Arun Jagjivan | Director | 09 Mar 2007 | 19 Years 7 Months | Current |
Ownership and Shareholding of Paytronic Network 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 Paytronic Network Private Limited
Paytronic Network Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Paytronic Network Private Limited
Paytronic Network Private Limited has 16 court cases on record: 16 filed against it. 3 cases are pending and 13 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 3 |
| High courts | 5 | 5 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Navyug Infosolutions Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by Navyug Infosolutions Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Navyug Infosolutions Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Navyug Infosolutions Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (TRANSFER APPL) | Filed against the company by Navyug Infosolutions Private Limited | Disposed |
Full case history
All 16 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Paytronic Network Private Limited
Paytronic Network Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 8 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Paytronic Network Private Limited
Paytronic Network operates one associated brand: Paytronic Network. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electronic payments and mobile recharge services are offered to consumers. | paytronicindia.com |
Employees and EPFO Compliance at Paytronic Network Private Limited
Paytronic Network Private Limited has a workforce of 2 employees as of Apr 07, 2024.
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 Paytronic Network Private Limited
Paytronic Network Private Limited has 11 board changes on record since 2007: 4 appointments and 7 cessations. The latest: Bhaskar Sadhu Shetty was appointed as Additional Director on 06 Nov 2025.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Paytronic Network 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.
Subsidiaries & Group Companies of Paytronic Network 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 Paytronic Network Private Limited
Paytronic Network has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP2622A2ZY | Maharashtra | Active | 01 Jul 2017 |
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 Paytronic Network 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.
Frequently Asked Questions about Paytronic Network Private Limited
Paytronic Network is an active private limited company based in Mumbai, Maharashtra, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 09 March 2007 (19+ years old) and is registered under CIN U74999MH2007PTC168537.
Paytronic Network reported revenue of ₹96.22 Lakh for FY 2025 (down 9% YoY).
Paytronic Network has 4 current directors:
- Krishna Nallanichakravarthula - Whole-Time Director
- Paresh Muljibhai Patel - Director
- Bhaskar Sadhu Shetty - Additional Director
- Nayan Arun Jagjivan - Director
Paytronic Network reported a net loss of ₹12.33 Lakh (net margin -12.8%) and EBITDA of -₹1.03 Lakh (EBITDA margin -1.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Paytronic Network is 33% over three years and -5% over five years. In the latest year (FY 2025) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Paytronic Network is 27AAECP2622A2ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Paytronic Network is U74999MH2007PTC168537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paytronic Network has 16 court cases on record: 16 filed against it. 3 are pending. Most are in the district courts.
Paytronic Network was incorporated on 09 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Paytronic Network by revenue are Instabill Technologies Private Limited, Right2pay Infotech Private Limited, Zambo Technology India Private Limited, Pay2ment Software Technologies Private Limited, Lincpay Solutions Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Bhaskar Sadhu Shetty was appointed as Additional Director on 06 Nov 2025. Krishna Nallanichakravarthula ceased to be Additional Director on 26 Sep 2023. Krishna Nallanichakravarthula was appointed as Whole-Time Director on 28 May 2023. Paytronic Network has 11 board changes on record in total.
Paytronic Network has 7 MSME Form 1 returns on record between 2019 and 2022, listing 8 overdue payments to 2 micro and small suppliers. The latest return was filed on 20 Apr 2022.