About Smartforce IT Solutions Private Limited
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Smartforce IT Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2021PTC151025. Its GSTIN is 36ABFCS9969P1Z3 (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sivakrishna Reddy Sannapureddy and Chandra Bhavani Abbireddy.
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 5th Floor Q1 A1 Cyber Towers, Hitech City Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.36 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹61.72 Lakh (net margin 3.6%) and EBITDA of ₹90.77 Lakh (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 93% over three years.
The company has about 48 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website smartforceit.com.
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- Registered Address5th Floor Q1 A1 Cyber Towers, Hitech City Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, IT Consulting & Support Services
- 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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Financials of Smartforce IT Solutions Private Limited FY 2024 filings available
Smartforce IT Solutions Private Limited reported revenue of ₹17.36 Cr (up 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Smartforce IT Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 93% over three years, including 42% growth in the latest year. EBITDA fell 22% 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 Smartforce IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹90.77 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹61.72 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 Smartforce IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.2% | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• |
| 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 Smartforce IT Solutions are in the company report.
Financial statements from FY 2022
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.
Auditor Details of Smartforce IT Solutions Private Limited
Smartforce IT Solutions Private Limited is audited by UJWAL & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| UJWAL & ASSOCIATES | 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 Smartforce IT Solutions Private Limited
Smartforce IT 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 |
|---|---|---|---|---|
| Sivakrishna Reddy Sannapureddy | Director | 28 Apr 2021 | 5 Years 5 Months | Current |
| Chandra Bhavani Abbireddy Also directs: Mkomai Ventures LLP, Glandix Bio Sciences Private Limited | Director | 15 Jul 2021 | 5 Years 2 Months | Current |
Ownership and Shareholding of Smartforce IT Solutions 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 Smartforce IT Solutions Private Limited
Smartforce IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Smartforce IT Solutions Private Limited
Smartforce IT Solutions Private Limited has a workforce of 48 employees as of Mar 30, 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 Smartforce IT Solutions Private Limited
Smartforce IT Solutions Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Chandra Bhavani Abbireddy was appointed as Director on 15 Jul 2021.
Credit Ratings, Litigation & Regulatory Alerts for Smartforce IT Solutions 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 Smartforce IT Solutions 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 Smartforce IT Solutions 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 Smartforce IT Solutions Private Limited
Smartforce IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36ABFCS9969P1Z3 | Telangana | Active | 23 Jun 2021 |
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 Smartforce IT Solutions 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 Smartforce IT Solutions Private Limited
Smartforce IT Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 April 2021 (5+ years old) and is registered under CIN U72900TG2021PTC151025.
Smartforce IT Solutions reported revenue of ₹17.36 Cr for FY 2025 (up 42% YoY).
Smartforce IT Solutions has 2 current directors:
- Sivakrishna Reddy Sannapureddy - Director
- Chandra Bhavani Abbireddy - Director
Smartforce IT Solutions reported a net profit of ₹61.72 Lakh (net margin 3.6%) and EBITDA of ₹90.77 Lakh (EBITDA margin 5.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Smartforce IT Solutions is 93% over three years. In the latest year (FY 2025) revenue rose 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Smartforce IT Solutions is 36ABFCS9969P1Z3, registered in Telangana.
The CIN (Corporate Identification Number) of Smartforce IT Solutions is U72900TG2021PTC151025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smartforce IT Solutions was incorporated on 28 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.
Chandra Bhavani Abbireddy was appointed as Director on 15 Jul 2021. Swarnakumari Koneru ceased to be Director on 15 Jul 2021. Sivakrishna Reddy Sannapureddy was appointed as Director on 28 Apr 2021.
Smartforce IT Solutions can be reached through the website smartforceit.com. Its registered office is in Hyderabad, Telangana, India.