MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-08-0021743
Smart Express Private Limited - transport and logistics in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹132.48 Cr
▲ 71% YoY
Net loss · FY 2024
₹73.73 Cr
Net margin -55.7%
EBITDA · FY 2024
-₹71.78 Cr
EBITDA margin -54.2%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹4.4 Cr
Issued & subscribed
Open charges
₹6.83 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
2,488
Provident fund records
About Smart Express Private Limited
Data last updated:
Smart Express Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 28 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63031DL2018PTC343606. Its GSTIN is 07ABBCS3441C1ZS (Delhi). The company holds 26 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹4.4 Cr. It is led by directors Yogesh Dhingra (Managing Director) and Arun Sudhir Nagpal.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at S – 268 Lgf Greater Kailash – 1, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2024, the company reported a revenue of ₹132.48 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net loss of ₹73.73 Cr (net margin -55.7%) and EBITDA of -₹71.78 Cr (EBITDA margin -54.2%).
The company has about 2,488 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Smartr Logistics. As per MCA filings, the company has open charges of ₹6.83 Cr on record. Court records list 14 cases involving the company, including 6 filed by the company and 8 filed against it; 10 cases are pending. The company has 4 deals on record (2 funding rounds, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹95.71 Cr; the latest was in March 2024. Its 4 peer companies in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities) are compared by revenue, 2 larger and 2 smaller; the largest is Pace Express Private Limited with revenue of ₹156.49 Cr. The company has 6 MSME Form 1 returns on record between 2022 and 2024, listing 139 overdue payments to 12 micro and small suppliers.
Smart Express Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0021743). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smartr.in.
Company details
CIN U63031DL2018PTC343606
Registration Number 343606
Incorporation Date 28 December 2018
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-08-0021743
Recognitions & Rankings of Smart Express
Contact details
Smart Express Private Limited's registered office is in New Delhi, Delhi. Its website is smartr.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS – 268 Lgf Greater Kailash – 1, New Delhi, Delhi, India – 110048
- IndustryTransport and Logistics, Express Logistics
To see the full contact details of Smart Express Private Limited, buy the company report.
Comprehensive company report
Smart Express 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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Secure checkout · GST invoice included
Brands
Smart Express operates one associated brand: Smartr Logistics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Door-to-door delivery services for businesses and documents are provided. | smartr.in |
Business activity
The main business activity of Smart Express is transport and storage. In detail, this covers postal & courier activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities |
To see the full business activity and turnover split of Smart Express Private Limited, buy the company report.
Financials of Smart Express Private Limited
FY 2024 filings availableSmart Express Private Limited reported revenue of ₹132.48 Cr (up 71% YoY) for FY 2024.
Revenue · FY 2024
₹132.48 Cr ▲ 71%
Net loss · FY 2024
₹73.73 Cr margin -55.7%
EBITDA · FY 2024
-₹71.78 Cr margin -54.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 71%
EBITDA CAGR growth
1 year
▼ 24%
5 years · compounded
▼ 384%
Revenue rose 71% in the latest year. EBITDA fell 24% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹71.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹73.73 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -54.2% | ||||
| Net Profit Margin | -55.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Smart Express Private Limited, buy the company report.
Board of directors of Smart Express Private Limited
Smart Express has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Dhingra | Managing Director | 28 Dec 2018 | 7 Years 9 Months | Current |
| Arun Sudhir Nagpal | Director | 14 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Smart Express Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pace Express Private Limited | ₹156.49 Cr (FY 2025) | 72.0% | Mumbai, Maharashtra, India | |||
| Skart Global Express Private Limited | ₹147.68 Cr (FY 2025) | 88.0% | New Delhi, Delhi, India | |||
| Smart Express Private Limited this company | ₹132.48 Cr (FY 2024) | -₹73.73 Cr | -55.7% | 71.0% | 2,488 | New Delhi, Delhi, India |
| Wedib Express Limited | ₹127.1 Cr (FY 2025) | 99.0% | Mumbai, Maharashtra, India | |||
| Shree Tirupati Courier Services Private Limited | ₹118.68 Cr (FY 2025) | 20.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Smart Express Private Limited, buy the company report.
Auditor
Smart Express Private Limited is audited by BSR&CO.LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR&CO.LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Smart Express 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Smart Express Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.83 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2024 | 100860224 | Others | ₹3 Cr | Open | |
| 28 Sep 2023 | 100797571 | Others | ₹3.83 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Smart Express Private Limited has 4 deals on record (2 funding rounds, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹95.71 Cr; the latest was in March 2024.
Total deals
4
Funding rounds
2
Acquisition
1
Secondary share transfer
1
Disclosed funding
₹95.71 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round | ₹70.7 Lakh | Investors: 360 ONE (IIFL Asset Management), Jalaj Dani Family Office, 2 individuals |
| Jun 2021 | Funding round | ₹95 Cr | Investors: 360 ONE (IIFL Asset Management), Jalaj Dani Family Office, 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2019 | Acquisition | ₹22.9 Lakh | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Smart Express Private Limited has 14 court cases on record: 6 filed by Smart Express, 8 filed against it. 10 cases are pending and 4 are disposed.
Total cases
14
Filed by the company
6
Filed against the company
8
Pending
10
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 7 | 9 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Joyyperk Digital India Private Limited | Pending |
| Bombay High Court | Court case (COMSS) | Filed against the company by Patel Integrated Logistics Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Compusol Infoservz LLP | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed by the company against Brio Hospitality Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Brandigo Private Limited and 2 Ors. and 2 others | Disposed |
To see the full case history of Smart Express 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
Smart Express Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 139 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Quick Mail Solutions Private Limited | |||
| an individual supplier | |||
| Quantumid Technologies (India) Private Limited |
To see the full MSME payment records of Smart Express Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Smart Express Private Limited has a workforce of 2,488 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
2,488
Active EPFO establishments
1
Employee growth
76.96%
GST
Smart Express has 26 GST registrations: 26 active. The first 4 active GSTINs are listed below.
Total GSTINs
26
Active
26
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07ABBCS3441C1ZS | Delhi | Active | 16 Oct 2021 |
| 27ABBCS3441C1ZQ | Maharashtra | Active | 08 Mar 2019 |
| 29ABBCS3441C1ZM | Karnataka | Active | 18 Aug 2021 |
| 36ABBCS3441C1ZR | Telangana | Active | 21 Sep 2021 |
To see the full GST registrations and return filing status of Smart Express Private Limited, buy the company report.
Recent activity
Smart Express Private Limited has 12 board changes on record since 2018: 2 appointments and 10 cessations. The latest: Sandip Das ceased to be Nominee Director on 30 Jul 2024.
AGM
Smart Express Private Limited last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records.
Ceased
Sandip Das ceased to be Nominee Director.
Filing
Smart Express Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Nidhi Ghuman ceased to be Nominee Director.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100860224 was registered on 31 Jan 2024.
Ceased
Dodda Mullangi Basappa ceased to be CFO.
Charges
A charge with Others amounted to Rs. 3.83 Cr with Charge ID 100797571 was registered on 28 Sep 2023.
Ceased
Arun Sudhir Nagpal ceased to be Additional Director.
Ceased
Anshuman Goenka ceased to be Nominee Director.
Appointed
Arun Sudhir Nagpal was appointed as Director.
Ceased
Ashok Kumar Goyal ceased to be Nominee Director.
Ceased
Indrakumar Jaiswal ceased to be Nominee Director.
5 earlier events are in the company report.
News
Frequently asked questions
Smart Express is an active private limited company based in New Delhi, Delhi, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 28 December 2018 (8+ years old) and is registered under CIN U63031DL2018PTC343606.
Smart Express has 2 current directors:
- Yogesh Dhingra - Managing Director
- Arun Sudhir Nagpal - Director
The latest financial statements of Smart Express on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Smart Express is 07ABBCS3441C1ZS, registered in Delhi. The company has 26 GST registrations in all, of which 26 are active. Other active GSTINs include 27ABBCS3441C1ZQ (Maharashtra), 29ABBCS3441C1ZM (Karnataka), 36ABBCS3441C1ZR (Telangana).
The CIN (Corporate Identification Number) of Smart Express is U63031DL2018PTC343606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smart Express has 14 court cases on record: 6 filed by the company and 8 filed against it. 10 are pending. Most are in the district courts.
Smart Express was incorporated on 28 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
Smart Express has 4 deals on record (2 funding rounds, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹95.71 Cr; the latest was in March 2024.
The peers of Smart Express by revenue are Pace Express Private Limited, Skart Global Express Private Limited, Wedib Express Limited, Shree Tirupati Courier Services Private Limited, all in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities).
Sandip Das ceased to be Nominee Director on 30 Jul 2024. Nidhi Ghuman ceased to be Nominee Director on 31 Mar 2024. Dodda Mullangi Basappa ceased to be CFO on 31 Oct 2023. Smart Express has 12 board changes on record in total.
Yes, Smart Express is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-08-0021743).
Smart Express has 6 MSME Form 1 returns on record between 2022 and 2024, listing 139 overdue payments to 12 micro and small suppliers. The latest return was filed on 25 Apr 2024.