Smartek Solutions (India) Private Limited
About Smartek Solutions (India) Private Limited
Data last updated:
Smartek Solutions (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 27 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2014PTC259751. Its GSTIN is 27AAVCS2476C1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Varsha Bhagwan Shirsekar and Pramod Vasant Sapakal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 501 5th Floor Shree Sai Prasad Chs Ltd Nanepada Mithagar Road Mulund (East), Mumbai, Maharashtra, India – 400081.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.49 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Lakh (net margin 9.2%) and EBITDA of ₹8.03 Lakh (EBITDA margin 59.5%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 28% over five years.
The company is associated with 1 brand: Smartek Solutions.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address501 5th Floor Shree Sai Prasad Chs Ltd Nanepada Mithagar Road Mulund (East), Mumbai, Maharashtra, India – 400081
- IndustryElectrical, Electrical Equipment, Transport Equipment, General Purpose And Special Purpose Machinery & Equipment
- 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
Associated Brands with Smartek Solutions (India) Private Limited
Smartek Solutions (India) operates one associated brand: Smartek Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies e-chargers for various applications. | smarteksolutionsindia.com |
Competitors & Alternatives of Smartek Solutions (India) Private Limited
Brands and companies operating in the same space as Smartek Solutions (India) Private Limited include EV Realty, Exro, Levistor and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 EV Realty | Grid-scale EV charging infrastructure is developed for fleet electrification. | San Francisco, United States | 2021 |
 Exro | Developer of power electronics for electric vehicles and energy storage | Vancouver, Canada | 2006 |
 Levistor | Kinetic energy storage solutions for electric vehicle charging are developed. | London, United Kingdom | 2020 |
 Numbat | Provider of a sustainable energy solutions provider that offers high-power charging and smart energy management technology for electric vehicles, combining e-mobility and media services | Kempten, Germany | 2021 |
 Stepwise | Electric panel capacity for EV charging is provided by Stepwise. | Buffalo, United States | 2022 |
 Tether | Energy storage systems for electric vehicles are provided. | Stockholm, Sweden | 2020 |
 Jule | Energy storage solutions are provided via an online platform. | Toronto, Canada | 2009 |
Business Activity of Smartek Solutions (India) Private Limited
The main business activity of Smartek Solutions (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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.
Auditor Details of Smartek Solutions (India) Private Limited
Smartek Solutions (India) Private Limited is audited by K S P & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K S P & CO | 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 Smartek Solutions (India) Private Limited
Smartek Solutions (India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Vasant Sapakal | Additional Director | 02 Dec 2019 | 6 Years 10 Months | Current |
| Varsha Bhagwan Shirsekar Also directs: Mapan Iot LLP, E- Amrut Smart Solutions LLP | Director | 27 Nov 2014 | 11 Years 10 Months | Current |
Financials of Smartek Solutions (India) Private Limited FY 2023 filings available
Smartek Solutions (India) Private Limited reported revenue of ₹13.49 Lakh (down 87% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Smartek Solutions (India) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 87% fall in the latest year. EBITDA rose 7% 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 Smartek Solutions (India) Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹8.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.24 Lakh | •••• | •••• | •••• | •••• |
| 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 Smartek Solutions (India) Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.2% | •••• | •••• | •••• | •••• |
| 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 Smartek Solutions (India) are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Smartek Solutions (India) 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 Smartek Solutions (India) Private Limited
Smartek Solutions (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Smartek Solutions (India) Private Limited
Employment history and EPFO contributions of people linked to Smartek Solutions (India).
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.
GST Compliance of Smartek Solutions (India) Private Limited
Smartek Solutions (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAVCS2476C1ZZ | Maharashtra | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Smartek Solutions (India) 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.
MSME Payment Delays by Smartek Solutions (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Smartek Solutions (India) 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.
MCA Filings & Documents of Smartek Solutions (India) 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.
Recent Activity on Smartek Solutions (India) Private Limited
Frequently Asked Questions about Smartek Solutions (India) Private Limited
Smartek Solutions (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 27 November 2014 (12+ years old) and is registered under CIN U74900MH2014PTC259751.
Smartek Solutions (India) reported revenue of ₹13.49 Lakh for FY 2023 (down 87% YoY).
Smartek Solutions (India) has 2 current directors:
- Pramod Vasant Sapakal - Additional Director
- Varsha Bhagwan Shirsekar - Director
Smartek Solutions (India) reported a net profit of ₹1.24 Lakh (net margin 9.2%) and EBITDA of ₹8.03 Lakh (EBITDA margin 59.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Smartek Solutions (India) is -40% over three years and -28% over five years. In the latest year (FY 2023) revenue fell 87%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Smartek Solutions (India) is 27AAVCS2476C1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Smartek Solutions (India) is U74900MH2014PTC259751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smartek Solutions (India) was incorporated on 27 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Smartek Solutions (India) is at 501 5th Floor Shree Sai Prasad Chs Ltd Nanepada Mithagar Road Mulund East, Mumbai, Maharashtra, India – 400081.