About Smartron India Private Limited
Data last updated:
Smartron India Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 03 December 2013.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74900TG2013PTC091450. Its GSTIN is 36AAUCS0535M1ZS (Telangana). The company held 7 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹2.01 Cr and a paid-up capital of ₹1.12 Cr. It was led by directors including Santosh Kumar Patil (Managing Director) and Raghu Babu Gunturu (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 21 December 2020, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Hyderabad, Telangana.
As per the financials filed for FY 2019, the company reported a revenue of ₹26.23 Cr, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹79.86 Cr (net margin -304.5%) and EBITDA of -₹62.53 Cr (EBITDA margin -238.4%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.
The company had about 204 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 5 subsidiaries.
The company was associated with 2 brands: tronX and Smartron. As per MCA filings, the company had satisfied charges of ₹80 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 9 deals on record (7 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹69.36 Cr; the latest was in April 2017.
The last known website on record is smartron.com.
Company details
CIN history
Smartron India has one previous CIN (Corporate Identification Number): U74900AP2013PTC091450. The current CIN is U74900TG2013PTC091450, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900TG2013PTC091450 | Current |
| U74900AP2013PTC091450 | Previous |
Contact details
Smartron India Private Limited's registered office is in Hyderabad, Telangana. Its website is smartron.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVaishnavi'S Cynosure Unit No. 9C & 9D 9th Floor Gachibowli Serilingampally Survey No., 18, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Smartron India Private Limited, buy the company report.
- 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
Brands
Smartron India operates two associated brands: tronX and Smartron. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers end-to-end solutions for home automation. | tronxthings.com | |
| Smart home products are manufactured and provided by Smartron. | smartron.com |
Business activity
The main business activities of Smartron India are trade and information and communication. In detail, this covers retail trading and computer programming, consultancy and related activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Smartron India Private Limited, buy the company report.
Financials of Smartron India Private Limited
FY 2019 filings availableSmartron India Private Limited reported revenue of ₹26.23 Cr (down 78% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 78% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA rose 30% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.23 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹62.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹79.86 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -238.4% | ||||
| Net Profit Margin | -304.5% | ||||
| 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 Smartron India Private Limited, buy the company report.
Board of directors of Smartron India Private Limited
Smartron India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghu Babu Gunturu | Irp/Rp/Liquidator | 14 Feb 2024 | 2 Years 8 Months | As last reported |
| Santosh Kumar Patil Also directs: Tsemi Chips and Technologies Private Limited, Tronx Things Private Limited, Tsemi India Private Limited and 5 more | Managing Director | 21 Dec 2019 | 6 Years 10 Months | As last reported |
| Maheswara Lingareddy Reddy Also directs: Tronx Motors Private Limited, Tsemi Chips and Technologies Private Limited, Tronx Things Private Limited and 2 more | Director | 26 Feb 2014 | 12 Years 7 Months | As last reported |
Auditor
Smartron India Private Limited is audited by ITALIA & ASSOCIATES LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ITALIA & ASSOCIATES LLP | FY 2019 | 003793S/S200089 |
Shareholding
The shareholding of Smartron India Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Smartron India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2017 | 100102932 | Others | ₹80 Cr | Satisfied |
To see the full charge records of Smartron India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Smartron India Private Limited has 9 deals on record (7 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹69.36 Cr; the latest was in April 2017.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2017 | Funding round · Series D | ₹1.63 Cr | Investors: Kaam LLC |
| Nov 2016 | Funding round · Series C | ₹21.59 Cr | Investors: 4 individuals |
| Jul 2016 | Funding round · Series B | ₹12.66 Cr | Investors: LCGC Chrom Consumables LLP , LCGC Bioanalytic Solutions LLP , 2 individuals |
| Mar 2016 | Funding round · Series A | ₹12.95 Cr | Investors: 4 individuals |
| Apr 2015 | Funding round · Pre-Series A | ₹11.39 Cr | Investors: Saudi Technology Development and Investment Company, 3 individuals |
To see the full deal history of Smartron India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Smartron India Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Execution petition | Filed against the company by M/S. Zeno Communications India Pvt Ltd | Disposed |
| High Court, TELANGANA | Court case (COMCA) | Filed against the company by an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by Mythra Adarsh Power Private Limited, Rep.By,Mr. Anil Joji, | Disposed |
To see the full case history of Smartron India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Smartron India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Smartron India has 5 subsidiary companies and 2 associated companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Tronx Home Private Limited | U72200TG2017PTC119929 | |
| Tronx India Private Limited | U72900TG2017PTC114219 | |
| Tronx Things Private Limited | U72900TG2017PTC119928 | |
| Tronx Infra India Private Limited | U74999TG2016PTC110179 | |
| Karro Solutions Private Limited | U74999TG2017PTC121503 |
To see the full group structure of Smartron India Private Limited, buy the company report.
Employees & EPFO
Smartron India Private Limited has a workforce of 204 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Smartron India has 7 GST registrations: 1 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAUCS0535M1ZS | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smartron India Private Limited, buy the company report.
Recent activity
Smartron India Private Limited has 10 board changes on record since 2014: 3 appointments and 7 cessations. The latest: Raghu Babu Gunturu was appointed as Irp/Rp/Liquidator on 14 Feb 2024.
4 earlier events are in the company report.
News
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Frequently asked questions
Smartron India has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Smartron India was a private limited company based in Hyderabad, Telangana, India. The company worked in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 03 December 2013 and is registered under CIN U74900TG2013PTC091450. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Smartron India was incorporated on 03 December 2013. It is registered with the Registrar of Companies, Hyderabad.
Smartron India had 3 directors:
- Santosh Kumar Patil - Managing Director
- Maheswara Lingareddy Reddy - Director
- Raghu Babu Gunturu - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Smartron India is U74900TG2013PTC091450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Smartron India is at VaishnaviS Cynosure Unit No. 9C & 9D 9th Floor Gachibowli Serilingampally Survey No., 18, Hyderabad, Telangana, India – 500032.
Smartron India can be reached through the website smartron.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Smartron India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 21 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Smartron India is 36AAUCS0535M1ZS, registered in Telangana. The company has 7 GST registrations in all, of which 1 is active and 6 are cancelled or inactive.
Smartron India operated in the information technology industry, in the electronic components and equipment manufacturing segment.