- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-04-0005001

About Smart Joules Private Limited
Data last updated:
Smart Joules Private Limited is a private limited company based in Delhi, India. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 08 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40300DL2014PTC273904. Its GSTIN is 07AAVCS3091B1Z6 (Delhi). The company holds 16 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Ranganath Nuggehalli Krishna and Sidhartha Premchand Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 34 Shri Ram Road Civil Lines, Delhi, India – 110054.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.14 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net loss of ₹4.68 Cr (net margin -6.8%) and EBITDA of ₹7.65 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 40% over five years.
The company has about 151 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Smart Joules. As per MCA filings, the company has open charges of ₹110 Cr and satisfied charges of ₹11.48 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹194.25 Cr; the latest was in December 2025. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 346 overdue payments to 60 micro and small suppliers.
Smart Joules Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-04-0005001). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smartjoules.co.in.
Company details
Recognitions & Rankings of Smart Joules
Contact details
Smart Joules Private Limited's registered office is in Delhi, Delhi. Its website is smartjoules.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address34 Shri Ram Road Civil Lines, Delhi, India – 110054
- IndustryEnvironment, Clean Energy Solutions
To see the full contact details of Smart Joules 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
Smart Joules operates one associated brand: Smart Joules. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered energy management and HVAC solutions for buildings are provided. | smartjoules.co.in |
Business activity
The main business activity of Smart Joules is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Smart Joules Private Limited, buy the company report.
Financials of Smart Joules Private Limited
FY 2025 filings availableSmart Joules Private Limited reported revenue of ₹69.14 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 40% growth in the latest year. EBITDA fell 23% 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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| EBITDA | ₹7.65 Cr | ||||
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| Net Profit (PAT) | -₹4.68 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | -6.8% | ||||
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To see the full financial statements and ratios of Smart Joules Private Limited, buy the company report.
Board of directors of Smart Joules Private Limited
Smart Joules has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranganath Nuggehalli Krishna Also directs: Avt Natural Products Limited, Kirloskar Pneumatic Company Limited, Koel Fluid Dynamics Private Limited and 5 more | Director | 30 Sep 2021 | 5 Years 0 Months | Current |
| Suken Kirit Shah Also directs: HHP Seven Private Limited, GPSR Arya Private Limited, Hygenco Green Energies Private Limited and 4 more | Nominee Director | 19 Dec 2025 | 0 Years 10 Months | Current |
| Sidhartha Premchand Gupta Also directs: JPPC Lease and Credit Limited | Director | 08 Dec 2014 | 11 Years 10 Months | Current |
| Upendra Bhatt | Nominee Director | 30 Sep 2021 | 5 Years 0 Months | Current |
| Arjun Prem Chand Gupta Also directs: Sustainability Engine Foundation | Director | 08 Dec 2014 | 11 Years 10 Months | Current |
Auditor
Smart Joules Private Limited is audited by MATTA & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MATTA & ASSOCIATES | FY 2024 | 004259N |
Shareholding
The shareholding of Smart Joules Private 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 Smart Joules Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2024 | 100976859 | Others | ₹10 Cr | Open | |
| 15 Jan 2024 | 100850946 | Others | ₹65 Cr | Open | |
| 04 May 2022 | 100576270 | Sidbi | ₹3 Cr | Open | |
| 03 Jan 2022 | 100525641 | Tata Cleantech Capital Limited | ₹23 Cr | Open | |
| 06 Feb 2020 | 100325281 | Tata Cleantech Capital Limited | ₹9 Cr | Open |
To see the full charge records of Smart Joules Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Smart Joules Private Limited has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹194.25 Cr; the latest was in December 2025.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2025 | Funding round · Series B | ₹89.98 Cr | Investors: Neev Fund, Waaree Renewable Technologies Limited , Aar Em Ventures - Spectrum Impact |
| Feb 2024 | Funding round | ₹66.31 Cr | Investors: Investment Fund For Developing Countries (Ifu) |
| Feb 2024 | Funding round | Undisclosed | Investors: European development finance institution |
| Mar 2021 | Funding round · Series A | ₹24.7 Cr | Investors: Asian Development Bank, Raintree Family Office, Max Ventures |
| Jun 2020 | Funding round · Pre-Series A | ₹11.76 Cr | Investors: Burman Family Holdings, 3 individuals |
To see the full deal history of Smart Joules Private 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
Smart Joules Private Limited has 2 court cases on record: 2 filed by Smart Joules. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed by the company against State NCT of Delhi and Anr | Pending |
| District court, Ludhiana, Punjab | Arbitration matter | Filed by the company against Christian Medical College and Hospital | Disposed |
To see the full case history of Smart Joules 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 Joules Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 346 overdue payments to 60 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 60)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kothari Brothers Tech Private Limited | |||
| an individual supplier | |||
| PSP Techno Engineers Private Limited | |||
| Ryb Technologies | |||
| Kirloskar Chillers Private Limited |
To see the full MSME payment records of Smart Joules Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Smart Joules Private Limited has a workforce of 151 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Smart Joules has 16 GST registrations: 15 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAVCS3091B1Z6 | Delhi | Active | 01 Jul 2017 |
| 07AAVCS3091B2Z5 | Delhi | Active | 25 Mar 2025 |
| 37AAVCS3091B1Z3 | Andhra Pradesh | Active | 15 Dec 2017 |
| 33AAVCS3091B1ZB | Tamil Nadu | Active | 29 Mar 2018 |
To see the full GST registrations and return filing status of Smart Joules Private Limited, buy the company report.
Recent activity
Smart Joules Private Limited has 6 board changes on record since 2014: 5 appointments and 1 cessation. The latest: Karan Prem Chand Gupta ceased to be Director on 19 Dec 2025.
13 earlier events are in the company report.
News
Frequently asked questions
Smart Joules is an active private limited company based in Delhi, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 08 December 2014 (12+ years old) and is registered under CIN U40300DL2014PTC273904.
Smart Joules has 5 current directors:
- Ranganath Nuggehalli Krishna - Director
- Suken Kirit Shah - Nominee Director
- Sidhartha Premchand Gupta - Director
- Upendra Bhatt - Nominee Director
- Arjun Prem Chand Gupta - Director
The latest financial statements of Smart Joules on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Smart Joules is 07AAVCS3091B1Z6, registered in Delhi. The company has 16 GST registrations in all, of which 15 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAVCS3091B2Z5 (Delhi), 37AAVCS3091B1Z3 (Andhra Pradesh), 33AAVCS3091B1ZB (Tamil Nadu).
The CIN (Corporate Identification Number) of Smart Joules is U40300DL2014PTC273904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smart Joules has 2 court cases on record: 2 filed by the company. 1 is pending.
Smart Joules was incorporated on 08 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Smart Joules has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹194.25 Cr; the latest was in December 2025.
Karan Prem Chand Gupta ceased to be Director on 19 Dec 2025. Suken Kirit Shah was appointed as Nominee Director on 19 Dec 2025. Ranganath Nuggehalli Krishna was appointed as Director on 30 Sep 2021. Smart Joules has 6 board changes on record in total.
Yes, Smart Joules is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-04-0005001).
Smart Joules has 15 MSME Form 1 returns on record between 2019 and 2024, listing 346 overdue payments to 60 micro and small suppliers. The latest return was filed on 29 Apr 2024.