About Payworld Digital Services Private Limited
Data last updated: 21 December 2025
Payworld Digital Services Private Limited is a private limited company based in Dlf Qe, Haryana, India. It specialises in digital payment solutions, a part of the broader financial services sector. Incorporated on 26 May 2004, the company has been in operation for over 22 years.
Registered with ROC Delhi under CIN U74999DL2004PTC126600.
Capital: an authorised share capital of ₹13 Cr and a paid-up capital of ₹12.11 Cr. Formerly known as Sugal & Damani Utility Services Private Limited. It is led by directors including Krishna Kumar Radheshyam Daga and Lalith Kumar Bafna.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Sector 53, Dlf Qe, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.07 Cr, a decline of 7% compared to the previous year.
The company is associated with 1 brand - Payworld.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website payworldindia.com.
-
Email**************
-
Telephone**************
-
Website**************
-
Social Media
-
Apps
-
Registered AddressGf – 14 Ground Floor Block B Sector 53, Vatika Atrium Golf Course Road, Dlf Qe, Haryana, India – 122002
-
IndustryFinancial Services, Digital Payment Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Payworld Digital Services Private Limited
Payworld Digital Services Private Limited has one previous CIN (Corporate Identification Number): U74999DL2004PTC126600. The current CIN is U74999HR2004PTC102278, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999HR2004PTC102278 | Current |
| U74999DL2004PTC126600 | Previous |
Associated Brands with Payworld Digital Services Private Limited
Payworld Digital Services Private Limited operates one associated brand: Payworld. These brands represent Payworld Digital Services Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Money transfer and bill payment solutions are enabled via agents. | payworldindia.com |
Competitors & Alternatives of Payworld Digital Services Private Limited
Brands and companies operating in the same space as Payworld Digital Services Private Limited include Pay Point India, Spice Money, Kaleidofin and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
|
|
Digital financial and retail services are provided via agent networks. | Mumbai, India, India | 2007 |
|
|
Digital payment and banking service provider in rural areas | Noida, India, India | 2000 |
|
|
Provider of financial technology solutions for inclusive lending | Chennai, India, India | 2017 |
|
|
Digital payment and banking services are facilitated via retail partnerships. | Mumbai, India, India | 2016 |
|
|
Technology platform for financial product distribution is provided. | Mumbai, India, India | 2019 |
|
|
Loans for consumers and SMEs are provided alongside financial services. | Chennai, India, India | 2008 |
|
|
Tech-enabled financial and e-commerce services are delivered via retail outlets. | Mumbai, India, India | 2007 |
|
|
Provider of digital financial services for underserved populations | Hyderabad, India, India | 2010 |
Business Activity of Payworld Digital Services Private Limited
Payworld Digital Services Private Limited is engaged in the principal business activity of support service to organizations, with detailed activities including other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | ********* |
Board of Directors of Payworld Digital Services Private Limited
Payworld Digital Services Private Limited is currently managed by 6 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Krishna Kumar Radheshyam Daga
Also directs:
Rnfi Services Limited
|
Director | 03 Apr 2025 | 1 Years 3 Months | Current |
|
Lalith Kumar Bafna
Also directs:
Shudh Hospitality Private Limited
|
Director | 12 Apr 2022 | 4 Years 2 Months | Current |
| Ashok Kumar Sinha | Director | 03 Apr 2025 | 1 Years 3 Months | Current |
|
Praveen Kumar Dhabhai
Also directs:
Otropay India Private Limited, Anthoupolis Technologies India Private Limited, Smart Payment Solutions Private Limited and 2 more
|
Director | 12 Apr 2022 | 4 Years 2 Months | Current |
| Nitesh Kumar Sharma | Director | 03 Apr 2025 | 1 Years 3 Months | Current |
Financials of Payworld Digital Services Private Limited FY 2024 filings available
Payworld Digital Services Private Limited reported revenue of ₹57.07 Cr (down 7% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Charges & Borrowings Payworld Digital Services Private Limited
Payworld Digital Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Payworld Digital Services Private Limited
View historical data on people associated with Payworld Digital Services Private Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Payworld Digital Services Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Payworld Digital Services Private Limited
GSTIN & GST Filing Data of Payworld Digital Services Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Payworld Digital Services Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Payworld Digital Services Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Payworld Digital Services Private Limited
MSME Payment Delays by Payworld Digital Services Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Payworld Digital Services Private Limited
Subsidiaries & Group Companies of Payworld Digital Services Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Payworld Digital Services Private Limited with ownership details.
MCA Filings & Documents of Payworld Digital Services Private Limited
MCA Filings & Documents of Payworld Digital Services Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Payworld Digital Services Private Limited
Recent News on Payworld Digital Services Private Limited
Frequently Asked Questions about Payworld Digital Services Private Limited
Payworld Digital Services Private Limited is an active private limited company in the financial services sector based in Dlf Qe, Haryana, India. It was incorporated on 26 May 2004 (22+ years old) and is registered under CIN U74999HR2004PTC102278.
Payworld Digital Services Private Limited reported revenue of ₹57.07 Cr for FY 2025 (down 7.00% YoY).
The current directors of Payworld Digital Services Private Limited are:
The primary industry of Payworld Digital Services Private Limited is financial services. The company specifically operates in digital payment solutions. The company is currently active in this sector.
Payworld Digital Services Private Limited can be reached at the registered office: Gf – 14 Ground Floor Block B Sector 53, Vatika Atrium Golf Course Road, Dlf Qe, Haryana, India – 122002, or through the website payworldindia.com.
The authorised capital is ₹13 Cr, and the paid-up capital is ₹12.11 Cr.