India's Richest People 2026 edition · 1 director · Source: Hurun India
- #445 Srinath Ramakkrushnan ₹8,000 Cr
Revenue · FY 2025
₹487.19 Cr
▼ 6% YoY
Net profit · FY 2025
₹11.85 Cr
Net margin 2.4%
EBITDA · FY 2025
₹33.7 Cr
EBITDA margin 6.9%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9.93 Cr
Issued & subscribed
Open charges
₹186.06 Cr
Satisfied ₹121.27 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
399
Provident fund records
About Smile Electronics Limited
Data last updated:
Smile Electronics Limited is a public limited company based in Bengaluru, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 27 July 1998 and has been in existence for over 28 years.
Its director Srinath Ramakkrushnan is #445 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1998PLC023993. Its GSTIN is 29AACCS8765R1Z7 (Karnataka). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.93 Cr. It is led by directors including Rahul Sharma (Managing Director) and Veeraraghavan Sankaran.
Its last annual general meeting (AGM) was held on 15 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 13 Old Madras Road Bhattarahalli K. R. Puram, Bengaluru, Karnataka, India – 560049.
As per the financials filed for FY 2025, the company reported a revenue of ₹487.19 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹11.85 Cr (net margin 2.4%) and EBITDA of ₹33.7 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 26% over five years.
The company has about 399 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SMILE Electronics. As per MCA filings, the company has open charges of ₹186.06 Cr and satisfied charges of ₹121.27 Cr on record. Court records list 45 cases involving the company, including 32 filed by the company and 13 filed against it; 12 cases are pending. The company has 14 deals on record (10 secondary share transfers, 4 funding rounds), with disclosed funding of ₹9.95 Cr; the latest was in November 2024. Its 6 peer companies in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment) are compared by revenue, 3 larger and 3 smaller; the largest is Indic Ems Electronics Private Limited with revenue of ₹625.42 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2024, listing 479 overdue payments to 34 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smileelectronics.com.
Company details
CIN U85110KA1998PLC023993
Registration Number 023993
Incorporation Date 27 July 1998
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 November 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
CIN history
Smile Electronics has one previous CIN (Corporate Identification Number): U32101KA1998PLC023993. The current CIN is U85110KA1998PLC023993, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1998PLC023993 | Current |
| U32101KA1998PLC023993 | Previous |
Recognitions & Rankings of Smile Electronics
Contact details
Smile Electronics Limited's registered office is in Bengaluru, Karnataka. Its website is smileelectronics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 13 Old Madras Road Bhattarahalli K. R. Puram, Bengaluru, Karnataka, India – 560049
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Smile Electronics Limited, buy the company report.
Comprehensive company report
Smile Electronics 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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Brands
Smile Electronics operates one associated brand: SMILE Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electronics manufacturing solutions and services are provided worldwide. | smileelectronics.com |
Business activity
The main business activity of Smile Electronics is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Smile Electronics Limited, buy the company report.
Financials of Smile Electronics Limited
FY 2024 filings availableSmile Electronics Limited reported revenue of ₹487.19 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹487.19 Cr ▼ 6%
Net profit · FY 2025
₹11.85 Cr margin 2.4%
EBITDA · FY 2025
₹33.7 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▼ 1%
5 years · compounded
▲ 29%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 1% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹33.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.85 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Smile Electronics Limited, buy the company report.
Board of directors of Smile Electronics Limited
Smile Electronics has 8 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veeraraghavan Sankaran Also directs: Salzer Electronics Limited | Director | 05 Jun 2024 | 2 Years 4 Months | Current |
| Ketoki Basu Also directs: Raichur Power Corporation Limited | Director | 27 Jun 2024 | 2 Years 3 Months | Current |
| Aman Kesarwani Also directs: TSC India Limited, Heej - the Saviors Foundation | Additional Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Rahul Sharma Also directs: Zaphod Enterprises LLP, Aur Business Private Limited, Zetbits Electronics Component Private Limited and 1 more | Managing Director | 14 Aug 2024 | 2 Years 2 Months | Current |
| Mukesh Gupta Also directs: Dai Electronics Private Limited, Dai Manufacturing Private Limited, Offshore Holdings Private Limited and 2 more | Director | 01 May 2011 | 15 Years 5 Months | Current |
| Srinath Ramakkrushnan Also directs: GLR Natural Resources Private Limited, Zetsol Energy Private Limited, Kryfs Power Components Limited and 5 more | Nominee Director | 05 Jun 2024 | 2 Years 4 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Smile Electronics Limited is compared with the 6 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indic Ems Electronics Private Limited | ₹625.42 Cr (FY 2025) | 71.0% | Doddaballapura, Karnataka, India | |||
| Fldec Systems Private Limited | ₹602.14 Cr (FY 2024) | 26.0% | Chennai, Tamil Nadu, India | |||
| Renishaw Metrology Systems Limited | ₹549.87 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Smile Electronics Limitedthis company | ₹487.19 Cr (FY 2025) | ₹11.85 Cr | 2.4% | -6.0% | 399 | Bengaluru, Karnataka, India |
| Moschip Technologies Limited | ₹470.81 Cr (FY 2025) | 58.0% | Hyderabad, Telangana, India | |||
| Belden India Private Limited | ₹435.65 Cr (FY 2025) | 33.0% | Gurugram, Haryana, India | |||
| TVS Electronics Limited | ₹433.09 Cr (FY 2025) | 17.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Smile Electronics Limited, buy the company report.
Auditor
Smile Electronics Limited is audited by S.R.BATLIBOI & ASSOCIATES LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R.BATLIBOI & ASSOCIATES LLP | FY 2024 | 101049W/E300004 |
Shareholding
The shareholding of Smile Electronics Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Smile Electronics Limited, buy the company report.
Charges & borrowings
Open charges
₹186.06 Cr
Satisfied charges
₹121.27 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2025 | 101174308 | Others | ₹30 Cr | Open | |
| 25 Jun 2025 | 101162665 | Bank of India | ₹34.5 Cr | Open | |
| 26 May 2025 | 101108212 | Others | ₹20 Lakh | Open | |
| 11 Nov 2024 | 101010553 | Others | ₹71.36 Cr | Open | |
| 22 Aug 2024 | 100974950 | Others | ₹50 Cr | Open |
To see the full charge records of Smile Electronics Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Smile Electronics Limited has 14 deals on record (10 secondary share transfers, 4 funding rounds), with disclosed funding of ₹9.95 Cr; the latest was in November 2024.
Total deals
14
Secondary share transfers
10
Funding rounds
4
Disclosed funding
₹9.95 Cr
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| May 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Offshore Holdings Private Limited , an individual |
| Mar 2008 | Funding round | ₹1.21 Cr | Investors: Offshore Holdings Private Limited , 3 individuals |
To see the full deal history of Smile Electronics Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Smile Electronics Limited has 45 court cases on record: 32 filed by Smile Electronics, 13 filed against it. 12 cases are pending and 33 are disposed.
Total cases
45
Filed by the company
32
Filed against the company
13
Pending
12
Disposed
33
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 3 | 11 |
| District courts | 17 | 10 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Court case (Civil M.A.) | Filed against the company by Padmaja Packaging Industries Ltd, Mahaveer Shamgonda Patil | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Ms Tejas Networks Limited and 1 other | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against M/S Tejas Networks Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Semindia Systems Pvt Limited and 2 others | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by Padmaja Packaging Industries Ltd. Through Mahaveer Shamgonda Patil | Disposed |
To see the full case history of Smile Electronics 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
Smile Electronics Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 479 overdue payments to 34 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 34)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Asahitec Stencils Private Limited | |||
| an individual supplier | |||
| Mectronics Marketing Services | |||
| Synpack Flexibles Private Limited |
To see the full MSME payment records of Smile Electronics Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Smile Electronics Limited has a workforce of 399 employees on its EPFO records as of Dec 16, 2025, across 1 active EPFO establishment.
Employee count
399
Active EPFO establishments
1
Employee growth
15.65%
GST
Smile Electronics has 6 GST registrations: 4 active and 2 cancelled or inactive.
Total GSTINs
6
Active
4
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS8765R1Z7 | Karnataka | Active | 01 Jul 2017 |
| 29AACCS8765R2Z6 | Karnataka | Active | 01 Apr 2025 |
| 33AACCS8765R2ZH | Tamil Nadu | Active | 25 Jan 2023 |
| 37AACCS8765R1ZA | Andhra Pradesh | Active | 08 Nov 2023 |
To see the full GST registrations and return filing status of Smile Electronics Limited, buy the company report.
Recent activity
Smile Electronics Limited has 22 board changes on record since 2007: 9 appointments and 13 cessations. The latest: Ankit Fatehpuria was appointed as Nominee Director on 30 Sep 2025.
Charges
A charge registered on 27 Jun 2016 via Charge ID 100043413 with Hdfc Bank Limited was fully satisfied on 03 Oct 2025.
Appointed
Ankit Fatehpuria was appointed as Nominee Director.
Appointed
Manish Agarwal was appointed as Nominee Director.
Charges
A charge registered on 20 Jan 2016 via Charge ID 100035837 with Others was fully satisfied on 01 Sep 2025.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101174308 was registered on 25 Jul 2025.
Charges
A charge with Bank Of India amounted to Rs. 34.50 Cr with Charge ID 101162665 was registered on 25 Jun 2025.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 101108212 was registered on 26 May 2025.
Appointed
Aman Kesarwani was appointed as Additional Director.
Charges
A charge registered on 21 Oct 2020 via Charge ID 100383646 with Hdfc Bank Limited was fully satisfied on 03 Jan 2025.
Charges
A charge registered on 05 Jul 2021 via Charge ID 100472375 with Hdfc Bank Limited was fully satisfied on 19 Dec 2024.
Charges
A charge with Others of Rs. 50.00 Cr registered on 22 Aug 2024 with Charge ID 100974950 was modified on 25 Nov 2024.
AGM
Smile Electronics Limited last Annual general meeting of members was held on 15 Nov 2024 as per latest MCA records.
40 earlier events are in the company report.
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Frequently asked questions
Smile Electronics is an active public limited company based in Bengaluru, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 27 July 1998 (28+ years old) and is registered under CIN U85110KA1998PLC023993.
Smile Electronics has 8 current directors:
- Rahul Sharma - Managing Director
- Veeraraghavan Sankaran - Director
- Ketoki Basu - Director
- Aman Kesarwani - Additional Director
- Mukesh Gupta - Director
- Srinath Ramakkrushnan - Nominee Director
- Manish Agarwal - Nominee Director
- Ankit Fatehpuria - Nominee Director
The latest financial statements of Smile Electronics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Smile Electronics is 29AACCS8765R1Z7, registered in Karnataka. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 29AACCS8765R2Z6 (Karnataka), 33AACCS8765R2ZH (Tamil Nadu), 37AACCS8765R1ZA (Andhra Pradesh).
The CIN (Corporate Identification Number) of Smile Electronics is U85110KA1998PLC023993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smile Electronics has 45 court cases on record: 32 filed by the company and 13 filed against it. 12 are pending. Most are in the high courts.
Smile Electronics was incorporated on 27 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
Smile Electronics has 14 deals on record (10 secondary share transfers, 4 funding rounds), with disclosed funding of ₹9.95 Cr; the latest was in November 2024.
The peers of Smile Electronics by revenue are Indic Ems Electronics Private Limited, Fldec Systems Private Limited, Renishaw Metrology Systems Limited, Moschip Technologies Limited, Belden India Private Limited and 1 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Ankit Fatehpuria was appointed as Nominee Director on 30 Sep 2025. Manish Agarwal was appointed as Nominee Director on 30 Sep 2025. Aman Kesarwani was appointed as Additional Director on 01 Apr 2025. Smile Electronics has 22 board changes on record in total.
Smile Electronics has 9 MSME Form 1 returns on record between 2019 and 2024, listing 479 overdue payments to 34 micro and small suppliers. The latest return was filed on 22 Apr 2024.
Smile Electronics can be reached through the website smileelectronics.com. Its registered office is in Bengaluru, Karnataka, India.