Smit Metals Private Limited
About Smit Metals Private Limited
Data last updated:
Smit Metals Private Limited is a private limited company based in Vallabh Vidhyanagar, Gujarat, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 08 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28113GJ2008PTC054988. Its GSTIN is 24AAECD4078Q1Z6 (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹79 Lakh. It is led by directors Varshaben Pradeepkumar Shah and Pradeepkumar Jagdishbhai Shah.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at G – 12 Vaidharbhi Complex Nr. Vidhyanagar Railway Station, Vallabh Vidhyanagar, Gujarat, India – 388120.
As per the financials filed for FY 2017, the company reported a revenue of ₹20.69 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.27 Lakh (net margin 0.1%) and EBITDA of ₹45.17 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
As per MCA filings, the company has open charges of ₹3 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Smit Metals Private Limited's registered office is in Vallabh Vidhyanagar, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressG – 12 Vaidharbhi Complex Nr. Vidhyanagar Railway Station, Vallabh Vidhyanagar, Gujarat, India – 388120
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Smit Metals 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
Business activity
The main business activity of Smit Metals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Smit Metals Private Limited, buy the company report.
Financials of Smit Metals Private Limited
FY 2017 filings availableSmit Metals Private Limited reported revenue of ₹20.69 Cr (down 21% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 18% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹20.69 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹45.17 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.27 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.2% | ||
| Net Profit Margin | 0.1% | ||
| 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 Smit Metals Private Limited, buy the company report.
Board of directors of Smit Metals Private Limited
Smit Metals 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 |
|---|---|---|---|---|
| Varshaben Pradeepkumar Shah | Director | 26 Jun 2014 | 12 Years 3 Months | Current |
| Pradeepkumar Jagdishbhai Shah Also directs: Devanshi Powers Limited | Director | 08 Sep 2008 | 18 Years 1 Months | Current |
Peer comparison
Smit Metals Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Metals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SC Finetechnix India Private Limited | ₹20.83 Cr (FY 2025) | 8303.0% | Noida, Uttar Pradesh, India | |||
| Total Control and Automation Private Limited | ₹20.73 Cr (FY 2024) | 12.0% | Delhi, India | |||
| Smit Metals Private Limitedthis company | ₹20.69 Cr (FY 2017) | ₹1.27 Lakh | 0.1% | -21.0% | Vallabh Vidhyanagar, Gujarat, India | |
| Shree Sai Balajee Udyog Private Limited | ₹20.66 Cr (FY 2024) | -22.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Smit Metals Private Limited, buy the company report.
Auditor
Smit Metals Private Limited is audited by PATEL & MEHTA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL & MEHTA | FY 2017 | 125480W |
Shareholding
The shareholding of Smit Metals Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Smit Metals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2012 | 10398139 | Union Bank of India | ₹3 Cr | Open |
To see the full charge records of Smit Metals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Smit Metals Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Shriram City Union Finance Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Capital First Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Tata Capital Financial Service Ltd - Vijay G. Parar | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Tata Capital Financial Service Ltd | Disposed |
To see the full case history of Smit Metals 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 Smit Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Smit Metals has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECD4078Q1Z6 | Gujarat | Active | 01 Jul 2017 |
| 24AAMCS4225L1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smit Metals Private Limited, buy the company report.
Recent activity
Smit Metals Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Varshaben Pradeepkumar Shah ceased to be Additional Director on 30 Sep 2014.
Frequently asked questions
Smit Metals is an active private limited company based in Vallabh Vidhyanagar, Gujarat, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 08 September 2008 (18+ years old) and is registered under CIN U28113GJ2008PTC054988.
Smit Metals has 2 current directors:
- Varshaben Pradeepkumar Shah - Director
- Pradeepkumar Jagdishbhai Shah - Director
The latest financial statements of Smit Metals on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Smit Metals is 24AAECD4078Q1Z6, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAMCS4225L1Z4 (Gujarat).
The CIN (Corporate Identification Number) of Smit Metals is U28113GJ2008PTC054988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smit Metals has 5 court cases on record: 5 filed against it.
Smit Metals was incorporated on 08 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Smit Metals by revenue are SC Finetechnix India Private Limited, Total Control and Automation Private Limited, Shree Sai Balajee Udyog Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Metals), with the same principal business activity (wholesale trading).
Varshaben Pradeepkumar Shah ceased to be Additional Director on 30 Sep 2014. Jigneshkumar Kabra ceased to be Director on 26 Jun 2014. Varshaben Pradeepkumar Shah was appointed as Director on 26 Jun 2014. Smit Metals has 4 board changes on record in total.
The registered office of Smit Metals is at G – 12 Vaidharbhi Complex Nr. Vidhyanagar Railway Station, Vallabh Vidhyanagar, Gujarat, India – 388120.
Smit Metals operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.