About Smartnet Software Private Limited
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Smartnet Software Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2013PTC250967. Its GSTIN is 27AATCS9700M2ZI (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Balasaheb Shripati Naikade and Sachin Balasaheb Naikade.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.93 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹9.34 Lakh (net margin 2.4%) and EBITDA of ₹13.87 Lakh (EBITDA margin 3.5%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 2% over five years.
The company is associated with 1 brand: Smartnet Software. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website smartnetsoftware.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No 1 And 2 B Wing 2nd Floor Time Square Andheri Kurla Road Near Mittal Estate A, Ndheri (E), Mumbai, Maharashtra, India – 400059
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Smartnet Software Private Limited
The main business activity of Smartnet Software is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Smartnet Software Private Limited FY 2023 filings available
Smartnet Software Private Limited reported revenue of ₹3.93 Cr (up 4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Smartnet Software Private Limited
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 37% 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 Smartnet Software Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹13.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.34 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 Smartnet Software Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 Smartnet Software 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 Smartnet Software Private Limited
Smartnet Software Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amrapali Carriage and Security Private Limited | ₹3.94 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Team Moplet Private Limited | ₹3.93 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Thrissur, Kerala, India |
| Gramcover Technologies Private Limited | ₹3.93 Cr (FY 2025) | •••• | •••• | -65.0% | •••• | Noida, Uttar Pradesh, India |
| Funvention Learning Private Limited | ₹3.93 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
| Solarpix Energy Private Limited | ₹3.93 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Nagpur, Maharashtra, India |
| Smartnet Software Private Limited this company | ₹3.93 Cr (FY 2023) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Systemsgo India Private Limited | ₹3.93 Cr (FY 2025) | •••• | •••• | 90.0% | •••• | New Delhi, Delhi, India |
| Nexstep Multiparking Private Limited | ₹3.93 Cr (FY 2024) | •••• | •••• | -62.0% | •••• | Nashik, Maharashtra, India |
| G K Outsourcing Private Limited | ₹3.93 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Ambala, Haryana, India |
| Skimsarogya Private Limited | ₹3.92 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Esupport Outsourcing Services Private Limited | ₹3.92 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Smartnet Software by revenue in the same principal business activity (Other professional, scientific and technical activities), 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 Smartnet Software Private Limited
Smartnet Software Private Limited is audited by V C A N & ASSOCIATES LLP for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V C A N & ASSOCIATES LLP | 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 Smartnet Software Private Limited
Smartnet Software has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasaheb Shripati Naikade Also directs: Medikevo Healthcare Private Limited | Director | 03 Jul 2015 | 11 Years 3 Months | Current |
| Sachin Balasaheb Naikade Also directs: Medikevo Healthcare Private Limited | Director | 12 Dec 2013 | 12 Years 9 Months | Current |
Ownership and Shareholding of Smartnet Software 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 Smartnet Software Private Limited
Smartnet Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Smartnet Software Private Limited
Smartnet Software Private Limited has 3 court cases on record: 1 filed by Smartnet Software, 2 filed against it. 1 case is pending and 2 are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Trueserve Technologies Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Mirakle Initiatives Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Tech Data Advanced Solution India Pvt. Ltd | Disposed |
Full case history
All 3 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.
Associated Brands with Smartnet Software Private Limited
Smartnet Software operates one associated brand: Smartnet Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT consulting firm offering SAP, Microsoft, cloud, and outsourcing services. | smartnetsoftware.com |
Employees and EPFO Compliance at Smartnet Software Private Limited
Employment history and EPFO contributions of people linked to Smartnet Software.
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.
News related to Smartnet Software Private Limited
Recent Activity on Smartnet Software Private Limited
Smartnet Software Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Balasaheb Shripati Naikade ceased to be Additional Director on 30 Sep 2015.
Credit Ratings, Litigation & Regulatory Alerts for Smartnet Software 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.
MSME Payment Delays by Smartnet Software Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Smartnet Software 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 Smartnet Software Private Limited
Smartnet Software has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCS9700M2ZI | Maharashtra | Active | 09 Aug 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 Smartnet Software 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 Smartnet Software Private Limited
Smartnet Software is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 December 2013 (13+ years old) and is registered under CIN U72300MH2013PTC250967.
Smartnet Software reported revenue of ₹3.93 Cr for FY 2023 (up 4% YoY).
Smartnet Software has 2 current directors:
- Balasaheb Shripati Naikade - Director
- Sachin Balasaheb Naikade - Director
Smartnet Software reported a net profit of ₹9.34 Lakh (net margin 2.4%) and EBITDA of ₹13.87 Lakh (EBITDA margin 3.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Smartnet Software is -16% over three years and -2% over five years. In the latest year (FY 2023) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Smartnet Software is 27AATCS9700M2ZI, 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 Smartnet Software is U72300MH2013PTC250967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smartnet Software has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Smartnet Software was incorporated on 12 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Smartnet Software by revenue are Amrapali Carriage and Security Private Limited, Team Moplet Private Limited, Gramcover Technologies Private Limited, Funvention Learning Private Limited, Solarpix Energy Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Balasaheb Shripati Naikade ceased to be Additional Director on 30 Sep 2015. Balasaheb Shripati Naikade was appointed as Director on 03 Jul 2015. Dukhishyam Dakua ceased to be Director on 03 Jul 2015. Smartnet Software has 4 board changes on record in total.