About Smart Solutech Private Limited
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Smart Solutech Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 01 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2015PTC101214. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Munuswamy Selvanesan and Selvanesan Lakshmi.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 24 Lakshmi Narayana Perumal Koil Street Pallikaranai, Chennai, Tamil Nadu, India – 600100.
As per the financials filed for FY 2019, the company reported a revenue of ₹49.96 Lakh, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹2.88 Lakh (net margin -5.8%) and EBITDA of ₹8.34 Lakh (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years.
As per MCA filings, the company has open charges of ₹38 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smart-solutech-private-limited.business.site.
Company details
Contact details
Smart Solutech Private Limited's registered office is in Chennai, Tamil Nadu. Its website is smart-solutech-private-limited.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address24 Lakshmi Narayana Perumal Koil Street Pallikaranai, Chennai, Tamil Nadu, India – 600100
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Smart Solutech 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
Business activity
The main business activity of Smart Solutech is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Smart Solutech Private Limited, buy the company report.
Financials of Smart Solutech Private Limited
FY 2019 filings availableSmart Solutech Private Limited reported revenue of ₹49.96 Lakh (up 31% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 82% over three years, including 31% growth 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹49.96 Lakh | |||
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| Total Revenue | ||||
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| Total Expenses | ||||
| EBITDA | ₹8.34 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.88 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 16.7% | |||
| Net Profit Margin | -5.8% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Smart Solutech Private Limited, buy the company report.
Board of directors of Smart Solutech Private Limited
Smart Solutech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munuswamy Selvanesan Also directs: Benze Club International Private Limited | Director | 01 Jul 2015 | 11 Years 3 Months | Current |
| Selvanesan Lakshmi | Director | 01 Jul 2015 | 11 Years 3 Months | Current |
Peer comparison
Smart Solutech Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SZR Management (OPC) Private Limited | ₹50.23 Lakh (FY 2021) | 4278.0% | Panchkula, Haryana, India | |||
| Smart Solutech Private Limitedthis company | ₹49.96 Lakh (FY 2019) | -₹2.88 Lakh | -5.8% | 31.0% | Chennai, Tamil Nadu, India | |
| Tayseer Consultants Private Limited | ₹49.95 Lakh (FY 2025) | -45.0% | New Delhi, Delhi, India | |||
| Scoplios Securities and Manpower Private Limited | ₹49.83 Lakh (FY 2024) | -12.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Smart Solutech Private Limited, buy the company report.
Auditor
Smart Solutech Private Limited is audited by ANGURAJ AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANGURAJ AND ASSOCIATES | FY 2019 | 015777S |
Shareholding
The shareholding of Smart Solutech Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Smart Solutech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2019 | 100268958 | City Union Bank Limited | ₹38 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Smart Solutech Private 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 Smart Solutech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Smart Solutech has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Smart Solutech Private Limited, buy the company report.
Recent activity
Smart Solutech Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Subramanian Sankaranarayanan ceased to be Director on 20 Dec 2016.
Frequently asked questions
Smart Solutech is an active private limited company based in Chennai, Tamil Nadu, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 01 July 2015 (11+ years old) and is registered under CIN U74999TN2015PTC101214.
Smart Solutech has 2 current directors:
- Munuswamy Selvanesan - Director
- Selvanesan Lakshmi - Director
The latest financial statements of Smart Solutech on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from FY 2016 are in the company report.
No. Smart Solutech has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Smart Solutech is U74999TN2015PTC101214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smart Solutech was incorporated on 01 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Smart Solutech by revenue are SZR Management (OPC) Private Limited, Tayseer Consultants Private Limited, Scoplios Securities and Manpower Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Subramanian Sankaranarayanan ceased to be Director on 20 Dec 2016. Munuswamy Selvanesan was appointed as Director on 01 Jul 2015. Selvanesan Lakshmi was appointed as Director on 01 Jul 2015.
Smart Solutech can be reached through the website smart-solutech-private-limited.business.site. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Smart Solutech is at 24 Lakshmi Narayana Perumal Koil Street Pallikaranai, Chennai, Tamil Nadu, India – 600100.
Smart Solutech operates in the business outsourcing industry, in the HR outsourcing and talent management segment.