Smartway Solutions Private Limited
About Smartway Solutions Private Limited
Data last updated:
Smartway Solutions Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 09 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74999PB2009PTC033276. Its GSTIN is 03AAUCS8797B2ZR (Punjab). 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 was formerly known as Shakti Credit Management Services Private Limited and Smartway Networking Private Limited. It is led by directors Rajni Bala and Varinder Goyal.
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 Tf1 Sant Ishar Singh Nagar Pakhowal Road Near Imperial Hotel, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2025, the company reported a revenue of ₹50,924, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹1,380 (net margin 2.7%) and EBITDA of ₹7,048 (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Smartway Solutions has undergone 2 name changes throughout its history. The company was previously known as Shakti Credit Management Services Private Limited, and Smartway Networking Private Limited. The current legal name is Smartway Solutions Private Limited.
| Company Name | Status |
|---|---|
| Smartway Solutions Private Limited | Current |
| Shakti Credit Management Services Private Limited | Previous |
| Smartway Networking Private Limited | Previous |
CIN history
Smartway Solutions has one previous CIN (Corporate Identification Number): U65990PB2009PTC033276. The current CIN is U74999PB2009PTC033276, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999PB2009PTC033276 | Current |
| U65990PB2009PTC033276 | Previous |
Contact details
Smartway Solutions Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTf1 Sant Ishar Singh Nagar Pakhowal Road Near Imperial Hotel, Ludhiana, Punjab, India – 141001
- IndustryFMCG, Personal Care & Skincare Products
To see the full contact details of Smartway Solutions 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
Financials of Smartway Solutions Private Limited
FY 2025 filings availableSmartway Solutions Private Limited reported revenue of ₹50,924 (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 20% growth in the latest year. EBITDA rose 594% 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 |
|---|---|---|---|---|---|
| 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 | ₹7,048 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,380 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Smartway Solutions Private Limited, buy the company report.
Board of directors of Smartway Solutions Private Limited
Smartway Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajni Bala | Director | 28 Aug 2019 | 7 Years 2 Months | Current |
| Varinder Goyal | Director | 09 Oct 2009 | 17 Years 1 Months | Current |
Peer comparison
Smartway Solutions Private Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greektech Automation and Robotics Private Limited | ₹52,000 (FY 2024) | 185.0% | Kolhapur, Maharashtra, India | |||
| Maxsimos Techsoft Private Limited | ₹51,932 (FY 2022) | -82.0% | Pune, Maharashtra, India | |||
| BLLT Tech Private Limited | ₹51,568 (FY 2025) | -20.0% | Dehradun, Uttarakhand, India | |||
| Rta Technologies Private Limited | ₹51,300 (FY 2025) | 55.0% | Nashik, Maharashtra, India | |||
| Esolve Technologies Private Limited | ₹51,107 (FY 2025) | -91.0% | Chennai, Tamil Nadu, India | |||
| Smartway Solutions Private Limitedthis company | ₹50,924 (FY 2025) | ₹1,380 | 2.7% | 20.0% | Ludhiana, Punjab, India | |
| Suksh Technology Private Limited | ₹50,800 (FY 2020) | Bangalore, Karnataka, India | ||||
| Aindriya Marketing Solutions Private Limited | ₹50,764 (FY 2022) | 888.0% | Edappally, Kerala, India | |||
| Dinoustech Private Limited | ₹50,000 (FY 2025) | 233.0% | Kalwad, Rajasthan, India | |||
| Sepit Soft Tech Private Limited | ₹50,000 (FY 2025) | Bangalore, Karnataka, India | ||||
| Elektroxen Designworks Private Limited | ₹49,944 (FY 2024) | 1570.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Smartway Solutions Private Limited, buy the company report.
Auditor
Smartway Solutions Private Limited is audited by JATINDER & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JATINDER & ASSOCIATES | FY 2022 | 015021N |
Shareholding
The shareholding of Smartway Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Smartway Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Smartway Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Smartway Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Smartway Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAUCS8797B2ZR | Punjab | Active | 10 Feb 2020 |
To see the full GST registrations and return filing status of Smartway Solutions Private Limited, buy the company report.
Recent activity
Smartway Solutions Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Rajni ceased to be Director on 28 Aug 2019.
Frequently asked questions
Smartway Solutions is an active private limited company based in Ludhiana, Punjab, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 09 October 2009 (17+ years old) and is registered under CIN U74999PB2009PTC033276.
Smartway Solutions has 2 current directors:
- Rajni Bala - Director
- Varinder Goyal - Director
The latest financial statements of Smartway Solutions 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 Smartway Solutions is 03AAUCS8797B2ZR, registered in Punjab. 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 Smartway Solutions is U74999PB2009PTC033276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smartway Solutions was incorporated on 09 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Smartway Solutions by revenue are Greektech Automation and Robotics Private Limited, Maxsimos Techsoft Private Limited, BLLT Tech Private Limited, Rta Technologies Private Limited, Esolve Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Rajni ceased to be Director on 28 Aug 2019. Rajni Bala was appointed as Director on 28 Aug 2019. Rajni Bala ceased to be Additional Director on 28 Aug 2019. Smartway Solutions has 8 board changes on record in total.
The registered office of Smartway Solutions is at Tf1 Sant Ishar Singh Nagar Pakhowal Road Near Imperial Hotel, Ludhiana, Punjab, India – 141001.
Smartway Solutions operates in the FMCG industry, in the personal care and skincare products segment.
The compliance status of Smartway Solutions is compliant as of 01 July 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
