Finsmart Accounting Private Limited

Finsmart Accounting Private Limited - business outsourcing in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U74120PN2007PTC129476 Incorporated 15 January 2007 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company business outsourcing MSME
Data last updated
Revenue · FY 2024
₹12.32 Cr
▲ 60% YoY
Net profit · FY 2024
₹1.41 Cr
Net margin 11.5%
EBITDA · FY 2024
₹2.17 Cr
EBITDA margin 17.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹15 Lakh
Secured borrowings
Company age
19 yrs
Est. 2007
Employees · EPFO
47
Provident fund records

About Finsmart Accounting Private Limited

Data last updated:

Finsmart Accounting Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 15 January 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74120PN2007PTC129476. Its GSTIN is 27AABCE7227M1ZD (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Electronica Finsmart Solutions Private Limited. It is led by directors Ashwini Dilip Joshi and Shalaka Anand Joshi.

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 Plot No. 5 Sahajanand Society, Pune, Maharashtra, India – 411038.

As per the financials filed for FY 2024, the company reported a revenue of ₹12.32 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Cr (net margin 11.5%) and EBITDA of ₹2.17 Cr (EBITDA margin 17.6%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 28% over five years.

The company has about 47 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹15 Lakh on record.

Finsmart Accounting Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0001581). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finsmartaccounting.com.

Company details

CIN U74120PN2007PTC129476
Registration Number 129476
Incorporation Date 15 January 2007
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0001581

Recognitions & Rankings of Finsmart Accounting

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-26-0001581

Contact details

Finsmart Accounting Private Limited's registered office is in Pune, Maharashtra. Its website is finsmartaccounting.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Plot No. 5 Sahajanand Society, Pune, Maharashtra, India – 411038
  • Industry
    Business Outsourcing, Accounting and Financial Analysis, HR Outsourcing & Talent Management

To see the full contact details of Finsmart Accounting Private Limited, buy the company report.

Comprehensive company report
Finsmart Accounting Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Finsmart Accounting is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM2Accounting, book keeping and auditing activities, tax consultancy

To see the full business activity and turnover split of Finsmart Accounting Private Limited, buy the company report.

Financials of Finsmart Accounting Private Limited

FY 2024 filings available

Finsmart Accounting Private Limited reported revenue of ₹12.32 Cr (up 60% YoY) for FY 2024.

Revenue · FY 2024
₹12.32 Cr ▲ 60%
Net profit · FY 2024
₹1.41 Cr margin 11.5%
EBITDA · FY 2024
₹2.17 Cr margin 17.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 42%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 32%
5 years · compounded
▲ 21%

Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 60% growth in the latest year. EBITDA rose 30% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.17 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.41 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin17.6%
Net Profit Margin11.5%
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 Finsmart Accounting Private Limited, buy the company report.

Board of directors of Finsmart Accounting Private Limited

Finsmart Accounting has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors

Peer comparison

Finsmart Accounting Private Limited is compared with the 5 companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sthirah India Private Limited₹13.09 Cr (FY 2024)573.0%Hyderabad, Telangana, India
Taxcon India Private Limited₹12.75 Cr (FY 2025)-9.0%New Delhi, Delhi, India
Finsmart Accounting Private Limitedthis company₹12.32 Cr (FY 2024)₹1.41 Cr11.5%60.0%47Pune, Maharashtra, India
Guitcom Consulting Private Limited₹12.23 Cr (FY 2024)91.0%Bangalore, Karnataka, India
Isys Softech Private Limited₹11.73 Cr (FY 2025)36.0%Jaipur, Rajasthan, India
Contetra Private Limited₹11.59 Cr (FY 2025)4.0%Mumbai, Maharashtra, India

To see the full peer comparison of Finsmart Accounting Private Limited, buy the company report.

Auditor

Finsmart Accounting Private Limited is audited by MAPS & COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MAPS & COMPANYFY 2023118913W

Shareholding

The shareholding of Finsmart Accounting Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Finsmart Accounting Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15 Lakh
Satisfied charges
None
Breakdown by lending institutions
The Saraswat Co-Operative Bank Limited₹0.10 Cr
The Cosmos Co-Operative Bank Limited (Deccan Gymkhana Branch)₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Mar 201510569427The Saraswat Co-Operative Bank Limited₹10 LakhOpen
05 Jan 201110266181The Cosmos Co-Operative Bank Limited (Deccan Gymkhana Branch)₹5 LakhOpen

To see the full charge records of Finsmart Accounting Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Finsmart Accounting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Finsmart Accounting Private Limited has a workforce of 47 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
47
Active EPFO establishments
1
Employee growth
161.11%

GST

Finsmart Accounting has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCE7227M1ZDMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Finsmart Accounting Private Limited, buy the company report.

Recent activity

Finsmart Accounting Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Ashwini Dilip Joshi ceased to be Additional Director on 29 Sep 2023.

AGM
Finsmart Accounting Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Finsmart Accounting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Ashwini Dilip Joshi ceased to be Additional Director.
Appointed
Ashwini Dilip Joshi was appointed as Director.
Ceased
Dhanesh Bhardwaj Paranjpe ceased to be Additional Director.
Ceased
Anand Dilip Joshi ceased to be Additional Director.
Ceased
Prakash Krishna Ratnaparkhi ceased to be Director.
Ceased
Aditya Prakash Ratnaparkhi ceased to be Director.
Charges
A charge with The Saraswat Co-Operative Bank Limited of Rs. 10.00 Lakh registered on 27 Mar 2015 with Charge ID 10569427 was modified on 24 Apr 2015.
Charges
A charge with The Saraswat Co-Operative Bank Limited amounted to Rs. 10.00 Lakh with Charge ID 10569427 was registered on 27 Mar 2015.
Ceased
Ravindra Krishna Ratnaparkhi ceased to be Director.
Charges
A charge with The Cosmos Co-Operative Bank Limited (Deccan Gymkhana Branch) amounted to Rs. 5.00 Lakh with Charge ID 10266181 was registered on 05 Jan 2011.

2 earlier events are in the company report.

Frequently asked questions

Finsmart Accounting is an active private limited company based in Pune, Maharashtra, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 15 January 2007 (19+ years old) and is registered under CIN U74120PN2007PTC129476.

Finsmart Accounting has 2 current directors:

The latest financial statements of Finsmart Accounting 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 Finsmart Accounting is 27AABCE7227M1ZD, registered in Maharashtra.

The CIN (Corporate Identification Number) of Finsmart Accounting is U74120PN2007PTC129476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Finsmart Accounting was incorporated on 15 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Finsmart Accounting by revenue are Sthirah India Private Limited, Taxcon India Private Limited, Guitcom Consulting Private Limited, Isys Softech Private Limited, Contetra Private Limited, all in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).

Ashwini Dilip Joshi ceased to be Additional Director on 29 Sep 2023. Ashwini Dilip Joshi was appointed as Director on 27 Jul 2023. Dhanesh Bhardwaj Paranjpe ceased to be Additional Director on 27 Jul 2023. Finsmart Accounting has 8 board changes on record in total.

Yes, Finsmart Accounting is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0001581).

Finsmart Accounting can be reached through the website finsmartaccounting.com. Its registered office is in Pune, Maharashtra, India.

The registered office of Finsmart Accounting is at Plot No. 5 Sahajanand Society, Pune, Maharashtra, India – 411038.