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.
Company details
Contact details
Smartnet Software Private Limited's registered office is in Mumbai, Maharashtra. Its website is smartnetsoftware.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Smartnet Software 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
Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Smartnet Software Private Limited, buy the company report.
Financials of Smartnet Software Private Limited
FY 2023 filings availableSmartnet Software Private Limited reported revenue of ₹3.93 Cr (up 4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹13.87 Lakh | ||||
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| Net Profit (PAT) | ₹9.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Smartnet Software Private Limited, buy the company report.
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 10 Months | Current |
Peer comparison
Smartnet Software Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Limitedthis company | ₹3.93 Cr (FY 2023) | ₹9.34 Lakh | 2.4% | 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 | |||
| Esupport Outsourcing Services Private Limited | ₹3.92 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Smartnet Software Private Limited, buy the company report.
Auditor
Smartnet Software Private Limited is audited by V C A N & ASSOCIATES LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V C A N & ASSOCIATES LLP | FY 2020 | 133239W |
Shareholding
The shareholding of Smartnet Software Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Smartnet Software Private Limited, buy the company report.
Legal cases
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.
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 M/S Trueserve Technologies Pvt. Ltd. | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Mirakle Initiatives Ltd Through A V Iyyer | 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 |
To see the full case history of Smartnet Software Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Smartnet Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Smartnet Software has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCS9700M2ZI | Maharashtra | Active | 09 Aug 2017 |
To see the full GST registrations and return filing status of Smartnet Software Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Balasaheb Shripati Naikade - Director
- Sachin Balasaheb Naikade - Director
The latest financial statements of Smartnet Software on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
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 Team Moplet Private Limited, Gramcover Technologies Private Limited, Funvention Learning Private Limited, Solarpix Energy Private Limited, Systemsgo India Private Limited and 3 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.
Smartnet Software can be reached through the website smartnetsoftware.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Smartnet Software is at Unit No 1 And 2 B Wing 2nd Floor Time Square Andheri Kurla Road Near Mittal Estate A, Ndheri E, Mumbai, Maharashtra, India – 400059.