Smarterp Consulting Private Limited

Smarterp Consulting Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U64202KA2004PTC035274 Incorporated 20 December 2004 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹60.66 Cr
▲ 16.57% YoY
Net profit · FY 2024
₹4.26 Cr
Net margin 7%
EBITDA · FY 2024
₹6.53 Cr
EBITDA margin 10.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹80 Lakh
Issued & subscribed
Satisfied charges
₹4.5 Cr
No open charges
Company age
22 yrs
Est. 2004
Employees · EPFO
196
Provident fund records

About Smarterp Consulting Private Limited

Data last updated:

Smarterp Consulting Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 December 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U64202KA2004PTC035274. Its GSTIN is 29AACCC5172E1ZR (Karnataka).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80 Lakh. It was formerly known as Citagus Software Private Limited. It is led by directors including Anand Suresh Kavatkar (Managing Director) and Sriram Ramachandran.

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 No.623 Balaji Arcade 80 Feet Road 4th Block Koramangala, Bangalore, Karnataka, India – 560034.

As per the financials filed for FY 2024, the company reported a revenue of ₹60.66 Cr. For the same year it recorded a net profit of ₹4.26 Cr (net margin 7%) and EBITDA of ₹6.53 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 10% over five years.

The company has about 196 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: SmartERP. As per MCA filings, the company has satisfied charges of ₹4.5 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smarterp.com.

Company details

CIN U64202KA2004PTC035274
Registration Number 035274
Incorporation Date 20 December 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Smarterp Consulting Private Limited's registered office is in Bangalore, Karnataka. Its website is smarterp.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.623 Balaji Arcade 80 Feet Road 4th Block Koramangala, Bangalore, Karnataka, India – 560034
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Smarterp Consulting Private Limited, buy the company report.

Comprehensive company report
Smarterp Consulting Private Limited - one report that includes everything
  • 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
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Brands

Smarterp Consulting operates one associated brand: SmartERP. Each brand links to its own profile.

BrandDescriptionWebsite
Provider of app & software development, big data, analytics, and ERP servicessmarterp.com

Business activity

The main business activity of Smarterp Consulting is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Smarterp Consulting Private Limited, buy the company report.

Financials of Smarterp Consulting Private Limited

FY 2025 filings available

Smarterp Consulting Private Limited reported revenue of ₹60.66 Cr for FY 2024.

Revenue · FY 2024
₹60.66 Cr
Net profit · FY 2024
₹4.26 Cr margin 7%
EBITDA · FY 2024
₹6.53 Cr margin 10.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 7%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 20%
5 years · compounded
▲ 10%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years. EBITDA fell 20% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹6.53 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.26 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin10.8%
Net Profit Margin7%
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

To see the full financial statements and ratios of Smarterp Consulting Private Limited, buy the company report.

Board of directors of Smarterp Consulting Private Limited

Smarterp Consulting has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anand Suresh KavatkarManaging Director20 Sep 200521 Years 1 MonthsCurrent
Sriram RamachandranDirector20 Sep 200521 Years 1 MonthsCurrent
Mohanavel MunirathinamDirector20 Sep 200521 Years 1 MonthsCurrent

Peer comparison

Smarterp Consulting Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Partex.Ai Technology Private Limited₹61.68 Cr (FY 2024)9.0%Pune, Maharashtra, India
Justified Advertising Software Services India Digital Private Limited₹61.11 Cr (FY 2024)9.0%Bangalore, Karnataka, India
Graymatter Software Services Private Limited₹60.8 Cr (FY 2025)43.0%Bangalore, Karnataka, India
Smarterp Consulting Private Limitedthis company₹60.66 Cr (FY 2024)₹4.26 Cr7%196Bangalore, Karnataka, India
Josh Software Private Limited₹60.03 Cr (FY 2025)-15.0%Pune, Maharashtra, India

To see the full peer comparison of Smarterp Consulting Private Limited, buy the company report.

Auditor

Smarterp Consulting Private Limited is audited by P M C S & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
P M C S & ASSOCIATESFY 2022012164S

Shareholding

The shareholding of Smarterp Consulting Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Smarterp Consulting Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹4.5 Cr
Breakdown by lending institutions
Icici Bank Limited₹2.00 Cr
Hdfc Bank Limited₹2.00 Cr
Ing Vysya Bank Limited₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Oct 201210391131Hdfc Bank Limited₹2 CrSatisfied
20 Apr 201110288642Icici Bank Limited₹2 CrSatisfied
29 Aug 200910177016Ing Vysya Bank Limited₹50 LakhSatisfied

To see the full charge records of Smarterp Consulting Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Smarterp Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Smarterp Consulting Private Limited has a workforce of 196 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
196
Active EPFO establishments
1
Employee growth
5.38%

GST

Smarterp Consulting has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AACCC5172E1ZRKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Smarterp Consulting Private Limited, buy the company report.

Recent activity

Smarterp Consulting Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Anand Suresh Kavatkar ceased to be Managing Director on 06 Dec 2020.

AGM
Smarterp Consulting Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Smarterp Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 30 Oct 2012 via Charge ID 10391131 with Hdfc Bank Limited was fully satisfied on 11 Sep 2023.
Ceased
Anand Suresh Kavatkar ceased to be Managing Director.
Ceased
Ravinder Mula ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 10391131 was registered on 30 Oct 2012.
Charges
A charge registered on 20 Apr 2011 via Charge ID 10288642 with Icici Bank Limited was fully satisfied on 26 Oct 2012.
Charges
A charge registered on 29 Aug 2009 via Charge ID 10177016 with Ing Vysya Bank Limited was fully satisfied on 18 Oct 2011.
Charges
A charge with Icici Bank Limited amounted to Rs. 2.00 Cr with Charge ID 10288642 was registered on 20 Apr 2011.
Charges
A charge with Ing Vysya Bank Limited of Rs. 0.50 Cr registered on 29 Aug 2009 with Charge ID 10177016 was modified on 21 Jul 2010.
Charges
A charge with Ing Vysya Bank Limited amounted to Rs. 0.50 Cr with Charge ID 10177016 was registered on 29 Aug 2009.
Ceased
Sathish Sreedharan ceased to be Director.

4 earlier events are in the company report.

Frequently asked questions

Smarterp Consulting is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 December 2004 (22+ years old) and is registered under CIN U64202KA2004PTC035274.

Smarterp Consulting has 3 current directors:

The latest financial statements of Smarterp Consulting on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Smarterp Consulting is 29AACCC5172E1ZR, registered in Karnataka.

The CIN (Corporate Identification Number) of Smarterp Consulting is U64202KA2004PTC035274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Smarterp Consulting has 2 court cases on record: 2 filed against it.

Smarterp Consulting was incorporated on 20 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Smarterp Consulting by revenue are Partex.Ai Technology Private Limited, Justified Advertising Software Services India Digital Private Limited, Graymatter Software Services Private Limited, Josh Software Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).

Anand Suresh Kavatkar ceased to be Managing Director on 06 Dec 2020. Ravinder Mula ceased to be Director on 31 Jan 2014. Sathish Sreedharan ceased to be Director on 17 Aug 2007. Smarterp Consulting has 6 board changes on record in total.

Smarterp Consulting can be reached through the website smarterp.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Smarterp Consulting is at No.623 Balaji Arcade 80 Feet Road 4th Block Koramangala, Bangalore, Karnataka, India – 560034.