Promoter holding
64.27%
PL
Phonepe Limited - Due diligence report
A 360° intelligence report on Phonepe: trust score, financial health, credit view, compliance, directors, growth and distress signals - gene…
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Phonepe — 360° Intelligence Report
Generated from MCA filings & public records57/100
Trust Score
Moderate
Phonepe is assessed as Moderate with a Trust Score of 57/100. Phonepe is an active public limited indian non-government company incorporated in 2012, operating in the Financial Services sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and moderate financial risk profile.
Report generated on 16 Jul 2026 from the latest processed filings. Phonepe Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
57/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
42/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
60/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
30/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 50/100 Moderate
- Negative operating earnings - debt service depends on external support.
- No open charges - unencumbered balance sheet.
- Working-capital cover adequate.
Charges position: 0 open (-) · 4 satisfied (51.63 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Yes Bank Limited | 4 | 48.0 cr |
Compliance Score: 42/100 Caution Indicated
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: RBI.
- Litigation present in 4 court forum(s).
- Delayed payments to MSME suppliers disclosed (461 disclosure(s)).
- 21 active GST registration(s).
Legal cases on record (4)
05
Director Intelligence
Stability score: 30/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| MANISH MAHENDRA SABHARWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| LEIGH DOUGLAS HOPKINS | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| John David Rainey Jr | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ADARSH NAHATA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ZARIN BOMI DARUWALA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ROHIT BHAGAT | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SAMEER NIGAM | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DONNA CATHERINE MORRIS | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| TARUN BAJAJ | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAHUL CHARI VARDHA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Sameer Nigam | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Adarsh Nahata | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 12 directors on the board.
- DONNA CATHERINE MORRIS has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- 8 director exits in 3 years - high churn.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
6
Group entities
7
Capital events
17 allotment(s) · 8 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Oslabs Pte. Ltd. | Subsidiary Company | 74.00% |
| Phonepe Credit Services Private Limited | Subsidiary Company | 74.00% |
| Oslabs Technology (india) Private Limited | Subsidiary Company | 74.00% |
| Phonepe Finance Private Limited | Subsidiary Company | 74.00% |
| Phonepe Insurance Broking Services | Subsidiary Company | 74.00% |
| Pincode Shopping Solutions Private Limited | Subsidiary Company | 74.00% |
| Phonepe Technology Services Private Limited | Subsidiary Company | 74.00% |
| Phonepe Wealth Broking Private Limited | Subsidiary Company | 74.00% |
| Quantech Capital Investment Advisors Private Limited | Subsidiary Company | 74.00% |
| Wealth Technology & Services Private Limited | Subsidiary Company | 74.00% |
Key managerial personnel: ADARSH NAHATA (CFO) · SAMEER NIGAM (CEO) · RAHUL CHARI VARDHA (Whole-time director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 90 · Distress 65
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Latest year revenue grew 1.42.
Asset base grew 2.1x - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 13+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
4 director exits within 2 years.
Compliance score is weak (42/100).
MSME payment delays disclosed - latest outstanding 25.78 cr.
4 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence53/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 2 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment51/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- No existing security registered - first-charge position available.
- Compliance gaps should be priced into terms.
Investor view71/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 4 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events21 Aug 2025
Last AGM held
Annual general meeting
04 Jun 2025
Director ceased
ZARIN BOMI DARUWALA
23 May 2025
Director appointed
ZARIN BOMI DARUWALA (Director)
15 May 2025
Director ceased
ROHIT BHAGAT
31 Mar 2025
Latest balance sheet
Filed with ROC
30 Mar 2025
Director ceased
MANISH MAHENDRA SABHARWAL
21 Nov 2024
Director appointed
MANISH MAHENDRA SABHARWAL (Director)
12 Nov 2024
Director ceased
BINNY BANSAL
26 Sep 2024
Director appointed
Adarsh Nahata (Cfo)
18 Sep 2024
Director appointed
ADARSH NAHATA (CFO)
01 Apr 2024
Director appointed
Sameer Nigam (Ceo)
27 Mar 2024
Director ceased
TARUN BAJAJ
06 Mar 2024
Director appointed
SAMEER NIGAM (CEO)
31 Jan 2024
Director ceased
JUDITH JANE MCKENNA
24 Jan 2024
Director appointed
John David Rainey Jr (Nominee Director)
10
Key Observations
Auto-generated from the data aboveRevenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Net worth is positive.
12 active director(s) / partner(s); review board churn before relying on management continuity.
21 active GST registration(s) indicate ongoing business operations.
All 4 registered charge(s) stand satisfied - past borrowings repaid.
Operates a group structure with 6 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 17 security allotment(s) - amounts available in the full report.
2 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| Adroit Share And Stock Broker Private Limited | U67190MH2005PTC158337 | Mumbai, Maharashtra, India |
| Hinduja Leyland Finance | U65993MH2008PLC384221 | Bandra, Maharashtra, India |
| Angel Broking | L67120MH1996PLC101709 | Mumbai, Maharashtra, India |
| Quickforex | U67190DL2005PLC139408 | New Delhi, Delhi, India |
| Ansapack | U21000MH1994PTC084095 | Lower Parel Mumbai, Maharashtra, India |
| Gak Exchange India Services Private Limited | U67190MH2012PTC236926 | Mumbai, Maharashtra, India |
| Gagandeep Consultancy Private Limited | U74999MH2015PTC262630 | Mumbai, Maharashtra, India |
| Orissa Alloy Steel Private Limited | U27320WB2019PTC234383 | Kolkata, West Bengal, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Phonepe before audits and certifications: compliance score 42/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Phonepe: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Phonepe - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 57/100, distress signals and MSME payment-delay disclosures - know whether Phonepe pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Phonepe - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Phonepe an active company?
Phonepe has MCA status “Active” with a compliance score of 42/100 (Caution Indicated).
Is Phonepe financially healthy?
Phonepe has a Financial Health Score of 60/100 (Moderate) based on its filed financial statements.
Should I do business with Phonepe?
Its overall Trust Score is 57/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Phonepe?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 12 active director(s) are on record.
Does Phonepe have loans or charges against its assets?
No open charges - all 4 registered charge(s) stand satisfied, indicating past borrowings were repaid.
Is Phonepe up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 42/100 (Caution Indicated).
Is it risky to lend to Phonepe?
Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
