S.Mart Limited
About S.Mart Limited
Data last updated:
S.Mart Limited was a public limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 27 July 2001.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2001PLC029328.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Smitha Shetty (Whole-Time Director) and Cherkady Sudhakar Shetty.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No.S – 702 7th Floor South Block Manipal Centre Dickenson Road, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.14 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹50.68 Lakh and EBITDA of -₹48.61 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 52% over five years.
The company had about 18 employees on its provident fund (EPFO) records before it was struck off.
As per MCA filings, the company had satisfied charges of ₹6 Lakh on record.
Company details
Contact details
S.Mart Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.S – 702 7th Floor South Block Manipal Centre Dickenson Road, Bangalore, Karnataka, India – 560042
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of S.Mart 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
Business activity
The main business activity of S.Mart is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
Financials of S.Mart Limited
FY 2021 filings availableS.Mart Limited reported revenue of ₹1.14 Lakh (down 95% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 95% fall 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 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 | ₹1.14 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹48.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹50.68 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| 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 | |||||
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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 S.Mart Limited, buy the company report.
Board of directors of S.Mart Limited
S.Mart has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smitha Shetty | Whole-Time Director | 02 Sep 2002 | 24 Years 2 Months | As last reported |
| Cherkady Sudhakar Shetty | Director | 27 Jul 2001 | 25 Years 3 Months | As last reported |
| Sachin Shetty | Director | 01 Apr 2004 | 22 Years 7 Months | As last reported |
Auditor
S.Mart Limited is audited by P CHANDRASEKAR LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P CHANDRASEKAR LLP | FY 2019 | 000580S |
Shareholding
The shareholding of S.Mart Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of S.Mart Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2002 | 90200745 | Canara Bank | ₹3 Lakh | Satisfied | |
| 02 Sep 2002 | 90192600 | Canara Bank | ₹3 Lakh | Satisfied |
To see the full charge records of S.Mart Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving S.Mart Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for S.Mart Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for S.Mart Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
S.Mart Limited has 3 board changes on record since 2001: 3 appointments. The latest: Sachin Shetty was appointed as Director on 01 Apr 2004.
Frequently asked questions
S.Mart has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
S.Mart was a public limited company based in Bangalore, Karnataka, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 27 July 2001 and is registered under CIN U74140KA2001PLC029328. The company has been struck off by the Registrar of Companies and is no longer operational.
S.Mart had 3 directors:
- Smitha Shetty - Whole-Time Director
- Cherkady Sudhakar Shetty - Director
- Sachin Shetty - Director
The CIN (Corporate Identification Number) of S.Mart is U74140KA2001PLC029328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of S.Mart is at No.S – 702 7th Floor South Block Manipal Centre Dickenson Road, Bangalore, Karnataka, India – 560042.
S.Mart was incorporated on 27 July 2001. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of S.Mart on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
S.Mart operated in the financial services industry, in the diversified financial services segment. It worked in this industry before it was struck off.
Sachin Shetty was appointed as Director on 01 Apr 2004. Smitha Shetty was appointed as Whole-Time Director on 02 Sep 2002. Cherkady Sudhakar Shetty was appointed as Director on 27 Jul 2001.
S.Mart has no open charges and satisfied charges of ₹6 Lakh as per latest MCA filings.
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