Smart Foreign Exchange Pvt Ltd
About Smart Foreign Exchange Pvt Ltd
Data last updated:
Smart Foreign Exchange Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 12 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U63040WB2006PTC109888. Its GSTIN is 19AAKCS1586N1ZJ (West Bengal).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Mrinalini Sil and Kanchana Mukhopadhyay.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 75/C Park Street, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2020, the company reported a revenue of ₹7.58 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹7.9 Lakh (net margin -104.2%) and EBITDA of -₹3.2 Lakh (EBITDA margin -42.1%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 35% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address75/C Park Street, Kolkata, West Bengal, India – 700016
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
- 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
Business Activity of Smart Foreign Exchange Pvt Ltd
The main business activity of Smart Foreign Exchange is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | 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.
Financials of Smart Foreign Exchange Pvt Ltd FY 2020 filings available
Smart Foreign Exchange Pvt Ltd reported revenue of ₹7.58 Lakh (down 74% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Smart Foreign Exchange Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 74% fall in the latest year. EBITDA rose 49% 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 Smart Foreign Exchange Pvt Ltd
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹7.58 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.9 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Smart Foreign Exchange Pvt Ltd
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -42.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -104.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
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 Smart Foreign Exchange 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.
Peer Comparison of Smart Foreign Exchange Pvt Ltd
Smart Foreign Exchange Pvt Ltd is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Malwa-Nimar Vikas Nidhi Limited | ₹7.6 Lakh (FY 2024) | •••• | •••• | -42.0% | •••• | Amjhera, Madhya Pradesh, India |
| Gagandeep Vanijya Private Limited | ₹7.6 Lakh (FY 2024) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Lakshmikripa Chitties Private Limited | ₹7.59 Lakh (FY 2021) | •••• | •••• | •••• | Malappuram, Kerala, India | |
| Yashvi Chits Private Limited | ₹7.59 Lakh (FY 2025) | •••• | •••• | -48.0% | •••• | Gurgaon, Haryana, India |
| Chinnarajan & Sons Chits Private Limited | ₹7.59 Lakh (FY 2024) | •••• | •••• | -2.0% | •••• | Dindigul, Tamil Nadu, India |
| Smart Foreign Exchange Pvt Ltd this company | ₹7.58 Lakh (FY 2020) | •••• | •••• | -74.0% | •••• | Kolkata, West Bengal, India |
| Mudhra Yellareddy Chitfunds Private Limited | ₹7.58 Lakh (FY 2023) | •••• | •••• | -64.0% | •••• | Kamareddy, Telangana, India |
| Bigway India Mudra Nidhi Limited | ₹7.58 Lakh (FY 2021) | •••• | •••• | -54.0% | •••• | Kanpur, Uttar Pradesh, India |
| Arvi Urban Nidhi Limited | ₹7.58 Lakh (FY 2021) | •••• | •••• | •••• | Beed, Maharashtra, India | |
| Sree Yasodha Chit Funds (India) Private Limited | ₹7.58 Lakh (FY 2024) | •••• | •••• | -23.0% | •••• | Pollachi, Tamil Nadu, India |
| Advita Urban Multicity Nidhi Limited | ₹7.58 Lakh (FY 2024) | •••• | •••• | -16.0% | •••• | Nanded, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Smart Foreign Exchange by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Smart Foreign Exchange Pvt Ltd
Smart Foreign Exchange has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mrinalini Sil | Director | 22 Nov 2018 | 7 Years 10 Months | Current |
| Kanchana Mukhopadhyay | Director | 12 Jun 2006 | 20 Years 3 Months | Current |
| Suvra Narayan Sil | Director | 12 Jun 2006 | 20 Years 3 Months | Current |
Ownership and Shareholding of Smart Foreign Exchange Pvt Ltd
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.
Charges & Borrowings of Smart Foreign Exchange Pvt Ltd
Smart Foreign Exchange Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Smart Foreign Exchange Pvt Ltd
Employment history and EPFO contributions of people linked to Smart Foreign Exchange.
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.
Recent Activity on Smart Foreign Exchange Pvt Ltd
Smart Foreign Exchange Pvt Ltd has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Mrinalini Sil was appointed as Director on 22 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Smart Foreign Exchange Pvt Ltd
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 Smart Foreign Exchange Pvt Ltd
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 Smart Foreign Exchange Pvt Ltd
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.
GST Compliance of Smart Foreign Exchange Pvt Ltd
Smart Foreign Exchange has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAKCS1586N1ZJ | West Bengal | 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.
MCA Filings & Documents of Smart Foreign Exchange Pvt Ltd
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.
Frequently Asked Questions about Smart Foreign Exchange Pvt Ltd
Smart Foreign Exchange is an active private limited company based in Kolkata, West Bengal, India. The company works in advisory, within the financial services industry. It was incorporated on 12 June 2006 (20+ years old) and is registered under CIN U63040WB2006PTC109888.
Smart Foreign Exchange reported revenue of ₹7.58 Lakh for FY 2020 (down 74% YoY).
Smart Foreign Exchange has 3 current directors:
- Mrinalini Sil - Director
- Kanchana Mukhopadhyay - Director
- Suvra Narayan Sil - Director
Smart Foreign Exchange reported a net loss of ₹7.9 Lakh (net margin -104.2%) and EBITDA of -₹3.2 Lakh (EBITDA margin -42.1%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Smart Foreign Exchange is -45% over three years and -35% over five years. In the latest year (FY 2020) revenue fell 74%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Smart Foreign Exchange is 19AAKCS1586N1ZJ, registered in West Bengal.
The CIN (Corporate Identification Number) of Smart Foreign Exchange is U63040WB2006PTC109888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smart Foreign Exchange was incorporated on 12 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Smart Foreign Exchange by revenue are Malwa-Nimar Vikas Nidhi Limited, Gagandeep Vanijya Private Limited, Lakshmikripa Chitties Private Limited, Yashvi Chits Private Limited, Chinnarajan & Sons Chits Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Mrinalini Sil was appointed as Director on 22 Nov 2018. Haraprosad Mookerji ceased to be Director on 03 Sep 2012. Kanchana Mukhopadhyay was appointed as Director on 12 Jun 2006. Smart Foreign Exchange has 4 board changes on record in total.
The registered office of Smart Foreign Exchange is at 75C Park Street, Kolkata, West Bengal, India – 700016.