About Sistema Smart Technologies Limited
Data last updated:
Sistema Smart Technologies Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 20 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U74110RJ1995PLC017779. Its GSTIN is 08AACCS1709H1ZI (Rajasthan). The company holds 34 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹25,000 Cr and a paid-up capital of ₹2,408.24 Cr. It was formerly known as Sistema Shyam Teleservices Limited. It is led by directors including Neera Sharma (Whole-Time Director) and Suman Sehgal.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 121 Doctors Colony Near Dcm Ajmer Road, Jaipur, Rajasthan, India – 302021.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.49 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹2,167.63 Cr and EBITDA of -₹5.21 Cr (EBITDA margin -23.2%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 8% over five years.
The company has about 20 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: MTS India. As per MCA filings, the company has open charges of ₹39 Cr and satisfied charges of ₹7,861.27 Cr on record. Court records list 538 cases involving the company, including 454 filed by the company and 43 filed against it; 25 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mtsindia.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address121 Doctors Colony Near Dcm Ajmer Road, Jaipur, Rajasthan, India – 302021
- IndustryTelecom, ISP & Broadband Services
- 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
- One PDF report, delivered after checkout
CIN History of Sistema Smart Technologies Limited
Sistema Smart Technologies has one previous CIN (Corporate Identification Number): U64201RJ1995PLC017779. The current CIN is U74110RJ1995PLC017779, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110RJ1995PLC017779 | Current |
| U64201RJ1995PLC017779 | Previous |
Associated Brands with Sistema Smart Technologies Limited
Sistema Smart Technologies operates one associated brand: MTS India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| mtsindia.in |
Competitors & Alternatives of Sistema Smart Technologies Limited
Brands and companies operating in the same space as Sistema Smart Technologies Limited include MTN, Proximus Group, AT&T and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 MTN | MTN Group is recognized as a leading telecommunications provider in Africa. | Johannesburg, South Africa | 1994 |
 Proximus Group | Telephony, internet, television, and network-based ICT services are provided. | Brussels, Belgium | 1994 |
 AT&T | Mobile internet, TV, and telecommunication services are provided. | Dallas, United States | 1876 |
 Optus | Mobile internet services are provided for homes and offices. | North Ryde, Australia | 1981 |
 DNA | Integrated telecommunication and TV services are provided across Finland. | Helsinki, Finland | 1999 |
 Telecom Italia | Integrated telecom service provider | Rome, Italy | 1994 |
 Jio | Provider of telecommunication services | Navi Mumbai, India | 2010 |
 Airtel | Airtel is recognized as a provider of telecommunications and internet services. | Gurugram, India | 1995 |
Business Activity of Sistema Smart Technologies Limited
The main business activities of Sistema Smart Technologies are information and communication and support service to organizations. In detail, this covers other information & communication service activities and other support services to organizations. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Sistema Smart Technologies Limited
Sistema Smart Technologies Limited is audited by VJSJ & Co LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VJSJ & Co LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Sistema Smart Technologies Limited
Sistema Smart Technologies Limited currently reports 4 directors and 1 key managerial person. 51 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neera Sharma | Whole-Time Director | 28 Apr 2015 | 11 Years 5 Months | Current |
| Suman Sehgal Also directs: Indo-Russian Innovation Ventures Private Limited | Director | 15 Jul 2024 | 2 Years 2 Months | Current |
| Vinay Mittal | Cfo | 17 Sep 2018 | 8 Years 0 Months | Current |
| Sergey Savchenko | Director | 29 Sep 2015 | 11 Years 0 Months | Current |
| Preeti Singh Also directs: Weddingwire India Private Limited | Director | 20 Apr 2022 | 4 Years 5 Months | Current |
Financials of Sistema Smart Technologies Limited FY 2025 filings available
Sistema Smart Technologies Limited reported revenue of ₹22.49 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sistema Smart Technologies Limited
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 14% fall in the latest year. EBITDA fell 175% 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 of Sistema Smart Technologies Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2,167.63 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Sistema Smart Technologies Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sistema Smart Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Sistema Smart Technologies Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Sistema Smart Technologies Limited
Sistema Smart Technologies has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Sistema Internet Services Limited | U74999DL2000PLC105625 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Sistema Smart Technologies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jun 2020 | Others | ₹39 Cr | Open |
| 25 Oct 2018 | Others | ₹128 Cr | Satisfied |
| 27 Nov 2017 | Others | ₹280 Cr | Satisfied |
| 05 Sep 2017 | Others | ₹1.46 Cr | Satisfied |
| 30 Jun 2017 | Others | ₹105 Cr | Satisfied |
Total charge records: 47 View all charges
Employees and EPFO Compliance at Sistema Smart Technologies Limited
Sistema Smart Technologies Limited has a workforce of 20 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Sistema Smart Technologies Limited
Sistema Smart Technologies has 34 GST registrations: 2 active and 32 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCS1709H1ZI | Rajasthan | Active | 01 Jul 2017 |
| 06AACCS1709H1ZM | Haryana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Sistema Smart Technologies Limited
Sistema Smart Technologies Limited has 538 court cases on record: 454 filed by Sistema Smart Technologies, 43 filed against it, 41 where it is another party. 25 cases are pending and 513 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 423 | 14 | 2 |
| High courts | 106 | 24 | 20 |
| Supreme Court | 9 | 5 | 3 |
Cases on record (5 of 538)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Elevar Digitel Infrastructure Private Limited | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Elevar Digitel Infrastructure Private Limited | Pending |
| High Court of Rajasthan | Court case (CSTAY) | Filed against the company by Jindal Securities Private Limited | Disposed |
| High Court of Rajasthan | Court case (SAC) | Filed against the company by Jindal Securities Private Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Indus Towers Limited | Disposed |
Full case history
All 538 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Sistema Smart Technologies Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sistema Smart Technologies Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sistema Smart Technologies Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sistema Smart Technologies Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Sistema Smart Technologies Limited
Recent News on Sistema Smart Technologies Limited
Frequently Asked Questions about Sistema Smart Technologies Limited
Sistema Smart Technologies is an active public limited company based in Jaipur, Rajasthan, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 20 April 1995 (31+ years old) and is registered under CIN U74110RJ1995PLC017779.
Sistema Smart Technologies reported revenue of ₹22.49 Cr for FY 2025 (down 14% YoY).
Sistema Smart Technologies has 5 current directors and KMP:
- Neera Sharma - Whole-Time Director
- Suman Sehgal - Director
- Sergey Savchenko - Director
- Preeti Singh - Director
- Vinay Mittal - Cfo
Sistema Smart Technologies reported a net loss of ₹2,167.63 Cr and EBITDA of -₹5.21 Cr (EBITDA margin -23.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sistema Smart Technologies is 1% over three years and -8% over five years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sistema Smart Technologies is 08AACCS1709H1ZI, registered in Rajasthan. The company has 34 GST registrations in all, of which 2 are active and 32 are cancelled or inactive. Other active GSTINs include 06AACCS1709H1ZM (Haryana).
The CIN (Corporate Identification Number) of Sistema Smart Technologies is U74110RJ1995PLC017779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sistema Smart Technologies has 538 court cases on record: 454 filed by the company and 43 filed against it. 25 are pending. Most are in the district courts.
Sistema Smart Technologies was incorporated on 20 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Jaipur.