MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-GA-02-0005688
Smitocean Associates Private Limited
Smitocean Associates Private Limited - business outsourcing in Vasco, Goa, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹53.83 Lakh
▲ 25% YoY
Net profit · FY 2024
₹6,512
Net margin 0.1%
EBITDA · FY 2024
₹13,049
EBITDA margin 0.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Smitocean Associates Private Limited
Data last updated:
Smitocean Associates Private Limited is a private limited company based in Vasco, Goa, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 08 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U74999GA2018PTC013658.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sujan Suresh Sukhtankar and Sajjan Suresh Sukhtankar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No.46 Apna Bazar, Vasco, Goa, India – 403802.
As per the financials filed for FY 2024, the company reported a revenue of ₹53.83 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹6,512 (net margin 0.1%) and EBITDA of ₹13,049 (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 195% over three years.
Smitocean Associates Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-02-0005688).
Company details
CIN U74999GA2018PTC013658
Registration Number 013658
Incorporation Date 08 August 2018
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-GA-02-0005688
Recognitions & Rankings of Smitocean Associates
Contact details
Smitocean Associates Private Limited's registered office is in Vasco, Goa. Its e-mail address is in the company report.
- Email
- Registered AddressShop No.46 Apna Bazar, Vasco, Goa, India – 403802
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Smitocean Associates Private Limited, buy the company report.
Comprehensive company report
Smitocean Associates 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 activity of Smitocean Associates is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Smitocean Associates Private Limited, buy the company report.
Financials of Smitocean Associates Private Limited
FY 2024 filings availableSmitocean Associates Private Limited reported revenue of ₹53.83 Lakh (up 25% YoY) for FY 2024.
Revenue · FY 2024
₹53.83 Lakh ▲ 25%
Net profit · FY 2024
₹6,512 margin 0.1%
EBITDA · FY 2024
₹13,049 margin 0.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 195%
EBITDA CAGR growth
1 year
▼ 93%
3 years · compounded
▲ 106%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 195% over three years, including 25% growth in the latest year. EBITDA fell 93% 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 |
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| EBITDA | ₹13,049 | ||||
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| Net Profit (PAT) | ₹6,512 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Smitocean Associates Private Limited, buy the company report.
Board of directors of Smitocean Associates Private Limited
Smitocean Associates has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujan Suresh Sukhtankar Also directs: Smita Enterprises Limited Liability Partnership, Oceanite Excursion Private Limited, Yachtigo Private Limited and 3 more | Director | 08 Aug 2018 | 8 Years 2 Months | Current |
| Sajjan Suresh Sukhtankar | Director | 08 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Smitocean Associates Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sudiksha IT Care Private Limited | ₹53.96 Lakh (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| Connexions Info Systems Limited | ₹53.89 Lakh (FY 2025) | 16.0% | Gandhinagar, Gujarat, India | |||
| Smitocean Associates Private Limitedthis company | ₹53.83 Lakh (FY 2024) | ₹6,512 | 0.1% | 25.0% | Vasco, Goa, India | |
| Jain Accounting Services Private Limited | ₹53.59 Lakh (FY 2025) | 77.0% | Delhi, India | |||
| Eclectic Business Advisory Private Limited | ₹52.71 Lakh (FY 2024) | -57.0% | Delhi, India |
To see the full peer comparison of Smitocean Associates Private Limited, buy the company report.
Auditor
Smitocean Associates Private Limited is audited by R M NAIK & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R M NAIK & CO | FY 2020 | 106817W |
Shareholding
The shareholding of Smitocean Associates Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Smitocean Associates Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Smitocean Associates 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 Smitocean Associates 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 Smitocean Associates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Smitocean Associates Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Sajjan Suresh Sukhtankar was appointed as Director on 08 Aug 2018.
AGM
Smitocean Associates Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Smitocean Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.
Appointed
Sajjan Suresh Sukhtankar was appointed as Director.
Appointed
Sujan Suresh Sukhtankar was appointed as Director.
Incorporation
08 Aug 2018
Smitocean Associates Private Limited was registered on 08 Aug 2018 with Roc Goa & aged 8 years 2 months as per MCA records.
Frequently asked questions
Smitocean Associates is an active private limited company based in Vasco, Goa, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 08 August 2018 (8+ years old) and is registered under CIN U74999GA2018PTC013658.
Smitocean Associates has 2 current directors:
- Sujan Suresh Sukhtankar - Director
- Sajjan Suresh Sukhtankar - Director
The latest financial statements of Smitocean Associates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Smitocean Associates is U74999GA2018PTC013658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smitocean Associates was incorporated on 08 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Smitocean Associates by revenue are Sudiksha IT Care Private Limited, Connexions Info Systems Limited, Jain Accounting Services Private Limited, Eclectic Business Advisory Private Limited, all in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).
Sajjan Suresh Sukhtankar was appointed as Director on 08 Aug 2018. Sujan Suresh Sukhtankar was appointed as Director on 08 Aug 2018.
Yes, Smitocean Associates is registered as a micro enterprise under Udyam registration (number: UDYAM-GA-02-0005688).
The registered office of Smitocean Associates is at Shop No.46 Apna Bazar, Vasco, Goa, India – 403802.
Smitocean Associates operates in the business outsourcing industry, in the accounting and financial analysis segment.
Smitocean Associates can be reached at its registered office: Shop No.46 Apna Bazar, Vasco, Goa, India – 403802.
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