Smartway IT Business Private Limited
About Smartway IT Business Private Limited
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Smartway IT Business Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72900AP2017PTC105421.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ponnekanti and Neelima Mallampati.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 7 – 20 – 636 15th Lane Sarada Colony, Guntur, Andhra Pradesh, India – 522002.
As per the financials filed for FY 2020, the company reported a revenue of ₹17.43 Lakh, a growth of 112% compared to the previous year. For the same year it recorded a net loss of ₹38,416 (net margin -2.2%) and EBITDA of -₹38,416 (EBITDA margin -2.2%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Smartway IT Business Private Limited's registered office is in Guntur, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7 – 20 – 636 15th Lane Sarada Colony, Guntur, Andhra Pradesh, India – 522002
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Smartway IT Business 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
Financials of Smartway IT Business Private Limited
FY 2021 filings availableSmartway IT Business Private Limited reported revenue of ₹17.43 Lakh (up 112% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 112% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹17.43 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹38,416 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹38,416 | |||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -2.2% | |||
| Net Profit Margin | -2.2% | |||
| 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 | ||||
To see the full financial statements and ratios of Smartway IT Business Private Limited, buy the company report.
Board of directors of Smartway IT Business Private Limited
Smartway IT Business 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 |
|---|---|---|---|---|
| Ponnekanti | Director | 26 Mar 2020 | 6 Years 7 Months | Current |
| Neelima Mallampati | Director | 26 Mar 2020 | 6 Years 7 Months | Current |
Auditor
Smartway IT Business Private Limited is audited by K VIJAY & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K VIJAY & ASSOCIATES | FY 2019 | 018198S |
Shareholding
The shareholding of Smartway IT Business Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Smartway IT Business Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Smartway IT Business Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Smartway IT Business Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Smartway IT Business Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Smartway IT Business Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Edara Venkata Girish Babu ceased to be Director on 30 Mar 2020.
Frequently asked questions
Smartway IT Business is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 March 2017 (9+ years old) and is registered under CIN U72900AP2017PTC105421.
Smartway IT Business has 2 current directors:
- Ponnekanti - Director
- Neelima Mallampati - Director
The latest financial statements of Smartway IT Business on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Smartway IT Business is U72900AP2017PTC105421. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smartway IT Business was incorporated on 16 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
Edara Venkata Girish Babu ceased to be Director on 30 Mar 2020. Nageswara Rao Gottipati ceased to be Director on 30 Mar 2020. Neelima Mallampati was appointed as Director on 26 Mar 2020. Smartway IT Business has 4 board changes on record in total.
The registered office of Smartway IT Business is at 7 – 20 – 636 15th Lane Sarada Colony, Guntur, Andhra Pradesh, India – 522002.
Smartway IT Business operates in the information technology industry, in the IT consulting and support services segment.
The compliance status of Smartway IT Business is compliant as of 07 September 2026. The company is actively filing with the Registrar of Companies.
Smartway IT Business can be reached at its registered office: 7 – 20 – 636 15th Lane Sarada Colony, Guntur, Andhra Pradesh, India – 522002.
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