MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0094059
SMB Systems Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹23.23 Cr
▲ 37% YoY
Net profit · FY 2023
₹2.35 Cr
Net margin 10.1%
EBITDA · FY 2023
₹3.56 Cr
EBITDA margin 15.3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹24.24 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹5 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
40
Provident fund records
About SMB Systems Private Limited
Data last updated:
SMB Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 15 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U30009MH1996PTC097315. Its GSTIN is 27AAACE2843G1ZV (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.24 Lakh. It was formerly known as Exxon Automation Private Limited and Exxocomp Innovations Private Limited. It is led by directors including Prasad Satish Bandivdekar and Satish Madhukar Bandivdekar.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B/3 Vishwa Kutir Shankar Ghanekar Marg Dadar (West), Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.23 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹2.35 Cr (net margin 10.1%) and EBITDA of ₹3.56 Cr (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 22% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SMB System. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹5 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it.
SMB Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0094059). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smbgroup.co.in.
Company details
CIN U30009MH1996PTC097315
Registration Number 097315
Incorporation Date 15 February 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0094059
Name history
SMB Systems has undergone 2 name changes throughout its history. The company was previously known as Exxon Automation Private Limited, and Exxocomp Innovations Private Limited. The current legal name is Smb Systems Private Limited.
| Company Name | Status |
|---|---|
| SMB Systems Private Limited | Current |
| Exxon Automation Private Limited | Previous |
| Exxocomp Innovations Private Limited | Previous |
Key People
Prasad Satish Bandivdekar Director Satish Madhukar Bandivdekar Director Sushama Aravind Malgaonkar Director Recognitions & Rankings of SMB Systems
Contact details
SMB Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is smbgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB/3 Vishwa Kutir Shankar Ghanekar Marg Dadar (West), Mumbai, Maharashtra, India – 400028
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of SMB Systems Private Limited, buy the company report.
Comprehensive company report
SMB Systems 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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Secure checkout · GST invoice included
Brands
SMB Systems operates one associated brand: SMB System. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Telecom, security, and network solutions for modern businesses. | smb-si.com |
Business activity
The main business activities of SMB Systems are information and communication and trade. In detail, this covers data processing, hosting and related activities; web portal and retail trading. 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 | J7 | Data processing, hosting and related activities; web portal | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of SMB Systems Private Limited, buy the company report.
Financials of SMB Systems Private Limited
FY 2023 filings availableSMB Systems Private Limited reported revenue of ₹23.23 Cr (up 37% YoY) for FY 2023.
Revenue · FY 2023
₹23.23 Cr ▲ 37%
Net profit · FY 2023
₹2.35 Cr margin 10.1%
EBITDA · FY 2023
₹3.56 Cr margin 15.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 36%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 32%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 37% growth in the latest year. EBITDA fell 12% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹3.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.35 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.3% | ||||
| Net Profit Margin | 10.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of SMB Systems Private Limited, buy the company report.
Board of directors of SMB Systems Private Limited
SMB Systems has 5 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 |
|---|---|---|---|---|
| Prasad Satish Bandivdekar Also directs: Akhila CP Consultancy LLP, SMB Solutions Private Limited | Director | 30 Aug 2002 | 24 Years 1 Months | Current |
| Satish Madhukar Bandivdekar Also directs: SMB Solutions Private Limited | Director | 15 Feb 1996 | 30 Years 8 Months | Current |
| Sushama Aravind Malgaonkar | Director | 05 Feb 2005 | 21 Years 8 Months | Current |
| Manish Hotey Shrikant | Additional Director | 13 Jun 2018 | 8 Years 4 Months | Current |
| Ashok Atmaram Bagwe | Director | 05 Jun 2019 | 7 Years 4 Months | Current |
Auditor
SMB Systems Private Limited is audited by H R LALKA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H R LALKA & CO | FY 2022 | 105574W |
Shareholding
The shareholding of SMB Systems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SMB Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2021 | 100478047 | Others | ₹80 Lakh | Open | |
| 27 May 2003 | 90237558 | The N.K.G.S.B. Co-Op. Bank Ltd | ₹20 Lakh | Open | |
| 05 Sep 2024 | 100980628 | Others | ₹5 Cr | Satisfied |
To see the full charge records of SMB Systems Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
SMB Systems Private Limited has 6 court cases on record: 4 filed by SMB Systems, 2 filed against it. All cases are disposed.
Total cases
6
Filed by the company
4
Filed against the company
2
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against State of Maharashtra,Through Secretary, Dept. of Rural Development, Mumbai and Others and 3 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| High Court of Delhi | Court case (EX.P.) | Filed against the company by Exxon Mobil Corporation & Anr | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra Through Ministry of Education Through GP Office and Ors. | Disposed |
To see the full case history of SMB Systems 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 SMB Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SMB Systems Private Limited has a workforce of 40 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
-2.44%
GST
SMB Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE2843G1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SMB Systems Private Limited, buy the company report.
Recent activity
SMB Systems Private Limited has 7 board changes on record since 1996: 5 appointments and 2 cessations. The latest: Sheetal Shivanand Bagwe ceased to be Director on 21 Mar 2022.
Charges
A charge registered on 05 Sep 2024 via Charge ID 100980628 with Others was fully satisfied on 16 Jul 2025.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100980628 was registered on 05 Sep 2024.
AGM
Smb Systems Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Filing
Smb Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Sheetal Shivanand Bagwe ceased to be Director.
Charges
A charge with Others amounted to Rs. 80.00 Lakh with Charge ID 100478047 was registered on 12 Aug 2021.
Appointed
Ashok Atmaram Bagwe was appointed as Director.
Appointed
Manish Hotey Shrikant was appointed as Additional Director.
Ceased
Vilas Pralhad Nargund ceased to be Director.
Appointed
Sushama Aravind Malgaonkar was appointed as Director.
Charges
A charge with The N.K.G.S.B. Co-Op. Bank Ltd amounted to Rs. 20.00 Lakh with Charge ID 90237558 was registered on 27 May 2003.
Appointed
Prasad Satish Bandivdekar was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
SMB Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 15 February 1996 (30+ years old) and is registered under CIN U30009MH1996PTC097315.
SMB Systems has 5 current directors:
- Prasad Satish Bandivdekar - Director
- Satish Madhukar Bandivdekar - Director
- Sushama Aravind Malgaonkar - Director
- Manish Hotey Shrikant - Additional Director
- Ashok Atmaram Bagwe - Director
The latest financial statements of SMB Systems on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of SMB Systems is 27AAACE2843G1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of SMB Systems is U30009MH1996PTC097315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SMB Systems has 6 court cases on record: 4 filed by the company and 2 filed against it. Most are in the high courts.
SMB Systems was incorporated on 15 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Sheetal Shivanand Bagwe ceased to be Director on 21 Mar 2022. Ashok Atmaram Bagwe was appointed as Director on 05 Jun 2019. Manish Hotey Shrikant was appointed as Additional Director on 13 Jun 2018. SMB Systems has 7 board changes on record in total.
Yes, SMB Systems is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0094059).
SMB Systems can be reached through the website smbgroup.co.in. Its registered office is in Mumbai, Maharashtra, India.