S.M.P.Forex Private Limited
About S.M.P.Forex Private Limited
Data last updated:
S.M.P.Forex Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the forex services segment of the financial services sector. It was incorporated on 07 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67110TN2004PTC053662. Its GSTIN is 33AAJCS2764D1ZH (Tamil Nadu).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Panchanathan Shanmugam (Managing Director) and Abirama Shanmugam Panchanathan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 43/44 Ground Floor602 Anna Salai Chennai 600 006, Tamil Nadu, India – 600006.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.73 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Lakh (net margin 0.3%) and EBITDA of ₹1.93 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 114% over three years and 5% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
S.M.P.Forex Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address43/44 Ground Floor602 Anna Salai Chennai 600 006, Tamil Nadu, India – 600006
- IndustryFinancial Services, Forex Services
To see the full contact details of S.M.P.Forex 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
Business activity
The main business activity of S.M.P.Forex is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of S.M.P.Forex Private Limited, buy the company report.
Financials of S.M.P.Forex Private Limited
FY 2024 filings availableS.M.P.Forex Private Limited reported revenue of ₹3.73 Cr (up 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 38% growth in the latest year. EBITDA fell 24% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.11 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 S.M.P.Forex Private Limited, buy the company report.
Board of directors of S.M.P.Forex Private Limited
S.M.P.Forex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abirama Shanmugam Panchanathan | Director | 28 Aug 2017 | 9 Years 1 Months | Current |
| Muniyandi Shanmugam | Director | 07 Jul 2004 | 22 Years 3 Months | Current |
| Panchanathan Shanmugam | Managing Director | 07 Jul 2004 | 22 Years 3 Months | Current |
Peer comparison
S.M.P.Forex Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tunes Foreign Currency Dealers Private Limited | ₹3.86 Cr (FY 2024) | 678.0% | Ernad, Kerala, India | |||
| Hamdaan Travels Private Limited | ₹3.79 Cr (FY 2025) | -60.0% | Kolkata, West Bengal, India | |||
| Netfx Forex Private Limited | ₹3.77 Cr (FY 2025) | -52.0% | Mandya, Karnataka, India | |||
| Cloudsway Forex Private Limited | ₹3.74 Cr (FY 2025) | -27.0% | Bathinda, Punjab, India | |||
| Synergy Forex Private Limited | ₹3.73 Cr (FY 2023) | 415.0% | New Delhi, Delhi, India | |||
| S.M.P.Forex Private Limitedthis company | ₹3.73 Cr (FY 2024) | ₹1.11 Lakh | 0.3% | 38.0% | Chennai, Tamil Nadu, India | |
| H P Forex Private Limited | ₹3.72 Cr (FY 2025) | 926.0% | Punjab, India | |||
| Kahol Merchant Private Limited | ₹3.67 Cr (FY 2025) | -37.0% | Mukerian, Punjab, India | |||
| Unipay Forex Services Private Limited | ₹3.6 Cr (FY 2025) | -31.0% | Panchkula, Haryana, India |
To see the full peer comparison of S.M.P.Forex Private Limited, buy the company report.
Auditor
S.M.P.Forex Private Limited is audited by B ANAND & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B ANAND & ASSOCIATES | FY 2021 | 005590S |
Shareholding
The shareholding of S.M.P.Forex Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of S.M.P.Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving S.M.P.Forex 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 S.M.P.Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
S.M.P.Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCS2764D1ZH | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S.M.P.Forex Private Limited, buy the company report.
Recent activity
S.M.P.Forex Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Abirama Shanmugam Panchanathan was appointed as Director on 28 Aug 2017.
Frequently asked questions
S.M.P.Forex is an active private limited company based in Chennai, Tamil Nadu, India. The company works in forex services, within the financial services industry. It was incorporated on 07 July 2004 (22+ years old) and is registered under CIN U67110TN2004PTC053662.
S.M.P.Forex has 3 current directors:
- Panchanathan Shanmugam - Managing Director
- Abirama Shanmugam Panchanathan - Director
- Muniyandi Shanmugam - Director
The latest financial statements of S.M.P.Forex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of S.M.P.Forex is 33AAJCS2764D1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of S.M.P.Forex is U67110TN2004PTC053662. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.M.P.Forex was incorporated on 07 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of S.M.P.Forex by revenue are Tunes Foreign Currency Dealers Private Limited, Hamdaan Travels Private Limited, Netfx Forex Private Limited, Cloudsway Forex Private Limited, Synergy Forex Private Limited and 3 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Abirama Shanmugam Panchanathan was appointed as Director on 28 Aug 2017. Muniyandi Shanmugam was appointed as Director on 07 Jul 2004. Panchanathan Shanmugam was appointed as Managing Director on 07 Jul 2004.
The registered office of S.M.P.Forex is at 4344 Ground Floor602 Anna Salai Chennai 600 006, Tamil Nadu, India – 600006.
S.M.P.Forex operates in the financial services industry, in the forex services segment.
The compliance status of S.M.P.Forex is compliant as of 05 September 2026. The company is actively filing with the Registrar of Companies.