About Smarte Daas Private Limited
Data last updated:
Smarte Daas Private Limited is a foreign private limited company based in Thane, Maharashtra, India, a subsidiary of Smart Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019FTC323058. Its GSTIN is 27ABBCS8005N1Z1 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hiral Manilal Chheda and Sanjay Vasanji Gala.
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 Sector 18, Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.79 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹3.66 Cr (net margin -31.1%) and EBITDA of -₹4.55 Cr (EBITDA margin -38.6%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 12% over five years.
The company has about 189 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website smarteinc.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address9th Floor Rupa Sapphire, Plot No. 12 Sector 18 Opp. Sanpada, Thane, Maharashtra, India – 400705
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Smarte Daas Private Limited
The main business activity of Smarte Daas is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Smarte Daas Private Limited FY 2025 filings available
Smarte Daas Private Limited reported revenue of ₹11.79 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Smarte Daas Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 21% fall in the latest year. EBITDA rose 9% 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 Smarte Daas Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹4.55 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.66 Cr | •••• | •••• | •••• | •••• |
| 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 Smarte Daas Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -38.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -31.1% | •••• | •••• | •••• | •••• |
| 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 Smarte Daas are in the company report.
Financial statements from FY 2019
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 Smarte Daas Private Limited
Smarte Daas Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Borek IT Sourcing Private Limited | ₹11.97 Cr (FY 2023) | •••• | •••• | 30.0% | •••• | Vadodara, Gujarat, India |
| Reliance Communications Infrastructure Limited | ₹11.92 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Navi Mumbai, Maharashtra, India |
| Prointegrate World IT Consulting Private Limited | ₹11.9 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Neilmed Devices Private Limited | ₹11.88 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Bangalore, Karnataka, India |
| Aria Systems India Private Limited | ₹11.84 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Delhi, India |
| Smarte Daas Private Limited this company | ₹11.79 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Thane, Maharashtra, India |
| BTP Infoserve Private Limited | ₹11.74 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Belgaum, Karnataka, India |
| Narith Business Services Private Limited | ₹11.73 Cr (FY 2025) | •••• | •••• | 323.0% | •••• | Mumbai, Maharashtra, India |
| Ais Technolabs Private Limited | ₹11.72 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Ahmedabad, Gujarat, India |
| Al Tomouh IT Private Limited | ₹11.71 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Kanayannur, Kerala, India |
| E-Solve Infotech Private Limited | ₹11.71 Cr (FY 2024) | •••• | •••• | 84.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Smarte Daas by revenue in the Outsourcing industry (Diversified BPO), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Smarte Daas Private Limited
Smarte Daas Private Limited is audited by CGCA & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CGCA & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Smarte Daas Private Limited
Smarte Daas has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiral Manilal Chheda | Director | 24 May 2023 | 3 Years 4 Months | Current |
| Sanjay Vasanji Gala Also directs: Contegra Infotech LLP, Smarte Solutions Private Limited | Director | 26 Mar 2019 | 7 Years 6 Months | Current |
| Parul Sanjay Gala Also directs: Contegra Infotech LLP, Smarte Solutions Private Limited | Director | 26 Mar 2019 | 7 Years 6 Months | Current |
Ownership and Shareholding of Smarte Daas Private Limited
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 Smarte Daas Private Limited
Smarte Daas Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Smarte Daas Private Limited
Smarte Daas Private Limited has 4 MSME Form 1 returns on record between 2020 and 2023, listing 5 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Cgca & Associates LLP | •••• | •••• | •••• |
| Shreya Fire Protection | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Smarte Daas Private Limited
Smarte Daas Private Limited has a workforce of 189 employees as of Apr 04, 2024.
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 Smarte Daas Private Limited
Smarte Daas Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Hiral Manilal Chheda was appointed as Director on 24 May 2023.
Credit Ratings, Litigation & Regulatory Alerts for Smarte Daas Private Limited
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.
Subsidiaries & Group Companies of Smarte Daas Private Limited
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 Smarte Daas Private Limited
Smarte Daas has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABBCS8005N1Z1 | Maharashtra | Active | 02 May 2019 |
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 Smarte Daas Private Limited
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 Smarte Daas Private Limited
Smarte Daas is an active foreign private limited company based in Thane, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 March 2019 (7+ years old) and is registered under CIN U74999MH2019FTC323058.
Smarte Daas reported revenue of ₹11.79 Cr for FY 2025 (down 21% YoY).
Smarte Daas has 3 current directors:
- Hiral Manilal Chheda - Director
- Sanjay Vasanji Gala - Director
- Parul Sanjay Gala - Director
Smarte Daas reported a net loss of ₹3.66 Cr (net margin -31.1%) and EBITDA of -₹4.55 Cr (EBITDA margin -38.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Smarte Daas is -29% over three years and -12% over five years. In the latest year (FY 2025) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Smarte Daas is 27ABBCS8005N1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Smarte Daas is U74999MH2019FTC323058. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smarte Daas was incorporated on 26 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Smarte Daas by revenue are Borek IT Sourcing Private Limited, Reliance Communications Infrastructure Limited, Prointegrate World IT Consulting Private Limited, Neilmed Devices Private Limited, Aria Systems India Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).
Hiral Manilal Chheda was appointed as Director on 24 May 2023. Parul Sanjay Gala was appointed as Director on 26 Mar 2019. Sanjay Vasanji Gala was appointed as Director on 26 Mar 2019.
Smarte Daas has 4 MSME Form 1 returns on record between 2020 and 2023, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 31 Aug 2023.
Smarte Daas can be reached through the website smarteinc.com. Its registered office is in Thane, Maharashtra, India.