- Udyam number
- UDYAM-MH-26-0001581

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
Recognitions & Rankings of Finsmart Accounting
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
- Website
- Social Media
- Registered AddressPlot No. 5 Sahajanand Society, Pune, Maharashtra, India – 411038
- IndustryBusiness Outsourcing, Accounting and Financial Analysis, HR Outsourcing & Talent Management
To see the full contact details of Finsmart Accounting 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 Finsmart Accounting is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, 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 availableFinsmart Accounting Private Limited reported revenue of ₹12.32 Cr (up 60% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.17 Cr | ||||
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| Net Profit (PAT) | ₹1.41 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 17.6% | ||||
| Net Profit Margin | 11.5% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwini Dilip Joshi | Director | 27 Jul 2023 | 3 Years 3 Months | Current |
| Shalaka Anand Joshi Also directs: Softind Solutions LLP, Shirish Holding and Finance Private Limited, Finops Growth Advisor Private Limited and 2 more | Director | 15 Jan 2007 | 19 Years 9 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Cr | 11.5% | 60.0% | 47 | Pune, 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 firm | Financial year | Firm registration number |
|---|---|---|
| MAPS & COMPANY | FY 2023 | 118913W |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Finsmart Accounting Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2015 | 10569427 | The Saraswat Co-Operative Bank Limited | ₹10 Lakh | Open | |
| 05 Jan 2011 | 10266181 | The Cosmos Co-Operative Bank Limited (Deccan Gymkhana Branch) | ₹5 Lakh | Open |
To see the full charge records of Finsmart Accounting Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Finsmart Accounting 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 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.
GST
Finsmart Accounting has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE7227M1ZD | Maharashtra | Active | 01 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.
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:
- Ashwini Dilip Joshi - Director
- Shalaka Anand Joshi - Director
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.