MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TS-20-0005135
Smart-Waves Technologies Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.65 Cr
▲ 26% YoY
Net profit · FY 2024
₹1.74 Cr
Net margin 20.1%
EBITDA · FY 2024
₹3.47 Cr
EBITDA margin 40.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹25.12 Cr
Satisfied ₹4.97 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
16
Provident fund records
About Smart-Waves Technologies Private Limited
Data last updated:
Smart-Waves Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 22 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2016PTC109160. Its GSTIN is 36AAWCS9787P1ZO (Telangana).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3 Cr. It is led by directors Yelisela Mallikharjuna Rao (Managing Director) and Kiran Maleswara Rao Govada.
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 First Floor Plot No.C – 1 Electronics Complex Kushaiguda, Hyderabad, Telangana, India – 500062.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.65 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹1.74 Cr (net margin 20.1%) and EBITDA of ₹3.47 Cr (EBITDA margin 40.1%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 75% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.12 Cr and satisfied charges of ₹4.97 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Smart-Waves Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0005135). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smart-waves.com.
Company details
CIN U74999TG2016PTC109160
Registration Number 109160
Incorporation Date 22 April 2016
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-20-0005135
Recognitions & Rankings of Smart-Waves Technologies
Contact details
Smart-Waves Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is smart-waves.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFirst Floor Plot No.C – 1 Electronics Complex Kushaiguda, Hyderabad, Telangana, India – 500062
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Smart-Waves Technologies Private Limited, buy the company report.
Comprehensive company report
Smart-Waves Technologies 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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Business activity
The main business activities of Smart-Waves Technologies are information and communication and manufacturing. In detail, this covers computer programming, consultancy and related activities and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Smart-Waves Technologies Private Limited, buy the company report.
Financials of Smart-Waves Technologies Private Limited
FY 2025 filings availableSmart-Waves Technologies Private Limited reported revenue of ₹8.65 Cr (up 26% YoY) for FY 2024.
Revenue · FY 2024
₹8.65 Cr ▲ 26%
Net profit · FY 2024
₹1.74 Cr margin 20.1%
EBITDA · FY 2024
₹3.47 Cr margin 40.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 39%
5 years · compounded
▲ 75%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 81%
5 years · compounded
▲ 85%
Revenue has grown at a compounded annual rate (CAGR) of 75% over five years, including 26% growth in the latest year. EBITDA rose 38% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.65 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.74 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.1% | ||||
| Net Profit Margin | 20.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Smart-Waves Technologies Private Limited, buy the company report.
Board of directors of Smart-Waves Technologies Private Limited
Smart-Waves Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Maleswara Rao Govada Also directs: Smart Waves Electronics Private Limited | Director | 13 Aug 2024 | 2 Years 2 Months | Current |
| Yelisela Mallikharjuna Rao Also directs: Smart Waves Electronics Private Limited | Managing Director | 22 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Smart-Waves Technologies Private Limited is audited by H.Satyanarayana Reddy & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.Satyanarayana Reddy & Co | FY 2024 | 005644S |
Shareholding
The shareholding of Smart-Waves Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Smart-Waves Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.12 Cr
Satisfied charges
₹4.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2026 | 101330915 | Canara Bank | ₹79 Lakh | Open | |
| 20 Feb 2026 | 101256811 | Others | ₹1.1 Cr | Open | |
| 24 Sep 2025 | 101205649 | State Bank of India | ₹10 Cr | Open | |
| 29 Jul 2025 | 101131670 | Others | ₹5.23 Cr | Open | |
| 17 Dec 2022 | 100695382 | Hdfc Bank Limited | ₹32.03 Lakh | Open |
To see the full charge records of Smart-Waves Technologies Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Smart-Waves Technologies Private Limited has 2 court cases on record: 2 filed by Smart-Waves Technologies. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Execution petition | Filed by the company against M/S. Verti Cross India Pvt Ltd and Others | Pending |
| District court, Rangareddy, Telangana | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Smart-Waves Technologies 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 Smart-Waves Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Smart-Waves Technologies Private Limited has a workforce of 16 employees on its EPFO records as of Nov 05, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
6.67%
GST
Smart-Waves Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAWCS9787P1ZO | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smart-Waves Technologies Private Limited, buy the company report.
Recent activity
Smart-Waves Technologies Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Paparao Yelisela ceased to be Director on 06 Dec 2024.
Charges
A charge with Canara Bank of Rs. 7.37 Cr registered on 05 Jan 2021 with Charge ID 100430895 was modified on 25 Jun 2026.
Charges
A charge with Canara Bank amounted to Rs. 0.79 Cr with Charge ID 101330915 was registered on 25 May 2026.
Charges
A charge with Others amounted to Rs. 1.10 Cr with Charge ID 101256811 was registered on 20 Feb 2026.
Charges
A charge registered on 25 Jul 2018 via Charge ID 100216253 with Others was fully satisfied on 13 Oct 2025.
AGM
Smart-Waves Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 10.00 Cr with Charge ID 101205649 was registered on 24 Sep 2025.
Charges
A charge with Others amounted to Rs. 5.23 Cr with Charge ID 101131670 was registered on 29 Jul 2025.
Filing
Smart-Waves Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Ceased
Paparao Yelisela ceased to be Director.
Appointed
Kiran Maleswara Rao Govada was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.32 Cr with Charge ID 100695382 was registered on 17 Dec 2022.
Ceased
Rapaka Christopher Charles ceased to be Director.
6 earlier events are in the company report.
Frequently asked questions
Smart-Waves Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 22 April 2016 (10+ years old) and is registered under CIN U74999TG2016PTC109160.
Smart-Waves Technologies has 2 current directors:
- Yelisela Mallikharjuna Rao - Managing Director
- Kiran Maleswara Rao Govada - Director
The latest financial statements of Smart-Waves Technologies 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 FY 2017 are in the company report.
The GSTIN of Smart-Waves Technologies is 36AAWCS9787P1ZO, registered in Telangana.
The CIN (Corporate Identification Number) of Smart-Waves Technologies is U74999TG2016PTC109160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smart-Waves Technologies has 2 court cases on record: 2 filed by the company. 1 is pending.
Smart-Waves Technologies was incorporated on 22 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
Paparao Yelisela ceased to be Director on 06 Dec 2024. Kiran Maleswara Rao Govada was appointed as Director on 13 Aug 2024. Rapaka Christopher Charles ceased to be Director on 29 Jun 2022. Smart-Waves Technologies has 4 board changes on record in total.
Yes, Smart-Waves Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-TS-20-0005135).
Smart-Waves Technologies can be reached through the website smart-waves.com. Its registered office is in Hyderabad, Telangana, India.