Smart Source Business Solutions Private Limited
About Smart Source Business Solutions Private Limited
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Smart Source Business Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 17 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2016PTC104182. Its GSTIN is 33AAWCS9947F1ZL (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Munugapattu Baskar Lakshmanan and Baskar Shoba.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ns House No.682 Old No.475/31 A2 Anna Salai Nandandam, Chennai, Tamil Nadu, India – 600035.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.41 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹82,755 (net margin 0.3%) and EBITDA of ₹22.41 Lakh (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 27% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNs House No.682 Old No.475/31 A2 Anna Salai Nandandam, Chennai, Tamil Nadu, India – 600035
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
The main business activity of Smart Source Business Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy 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
Financials of Smart Source Business Solutions Private Limited
FY 2024 filings availableSmart Source Business Solutions Private Limited reported revenue of ₹2.41 Cr (down 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA fell 65% 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 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹22.41 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹82,755 | |
| 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
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 9.3% | |
| Net Profit Margin | 0.3% | |
| 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, and every line for FY 2019-20 to FY 2022-23, 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 Source Business Solutions are in the company report.
: available in the company report
Board of Directors of Smart Source Business Solutions Private Limited
Smart Source Business Solutions 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 |
|---|---|---|---|---|
| Munugapattu Baskar Lakshmanan Also directs: Tecubiq Software Solutions Private Limited | Director | 17 Feb 2016 | 10 Years 8 Months | Current |
| Baskar Shoba | Director | 07 Jan 2019 | 7 Years 9 Months | Current |
Peer Comparison
Smart Source Business Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy 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 |
|---|---|---|---|---|---|---|
| Aetas Ventures Private Limited | ₹2.41 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Mumbai, Maharashtra, India |
| Smart Source Business Solutions Private Limited this company | ₹2.41 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Chennai, Tamil Nadu, India |
| BSN Marketing Private Limited | ₹2.41 Cr (FY 2018) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Savoir Faire Management Services Private Limited | ₹2.41 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Thane, Maharashtra, India |
Peers are the companies nearest to Smart Source Business Solutions by revenue, above and below it, in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Smart Source Business Solutions Private Limited is audited by V.KRISHNAN & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V.KRISHNAN & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Smart Source Business Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Smart Source Business Solutions.
: available in the company report
Recent Activity
Smart Source Business Solutions Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Anantharaman Mungapatulakshmanan ceased to be Director on 08 Jan 2019.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Smart Source Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAWCS9947F1ZL | Tamil Nadu | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Smart Source Business Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 17 February 2016 (10+ years old) and is registered under CIN U74900TN2016PTC104182.
Smart Source Business Solutions has 2 current directors:
- Munugapattu Baskar Lakshmanan - Director
- Baskar Shoba - Director
The latest financial statements of Smart Source Business Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Smart Source Business Solutions is 33AAWCS9947F1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Smart Source Business Solutions is U74900TN2016PTC104182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smart Source Business Solutions was incorporated on 17 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Smart Source Business Solutions by revenue are Aetas Ventures Private Limited, BSN Marketing Private Limited, Savoir Faire Management Services Private Limited, all in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities).
Anantharaman Mungapatulakshmanan ceased to be Director on 08 Jan 2019. Baskar Shoba was appointed as Director on 07 Jan 2019. Munugapattu Baskar Lakshmanan was appointed as Director on 17 Feb 2016.
The registered office of Smart Source Business Solutions is at Ns House No.682 Old No.47531 A2 Anna Salai Nandandam, Chennai, Tamil Nadu, India – 600035.
Smart Source Business Solutions operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Smart Source Business Solutions is compliant as of 19 August 2026. The company is actively filing with the Registrar of Companies.