About Smyl Systems Private Limited
Data last updated:
Smyl Systems Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 28 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2008PTC181666.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sanjiv Bansal and Bimal Kumar Singhal.
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 Sector 2, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.78 Lakh, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹1.93 Lakh (net margin 51.2%) and EBITDA of ₹1.93 Lakh (EBITDA margin 51.2%). Revenue has declined at a compounded annual rate (CAGR) of 103% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smylsolutions.com.
Company details
Contact details
Smyl Systems Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is smylsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No 301 Third Floor Building No. 1 Sector 2 Millenium Busin, Ess Park, Navi Mumbai, Maharashtra, India – 400703
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Smyl Systems 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 Smyl Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Smyl Systems Private Limited, buy the company report.
Financials of Smyl Systems Private Limited
FY 2025 filings availableSmyl Systems Private Limited reported revenue of ₹3.78 Lakh (up 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 45% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 74% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.93 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 51.2% | ||||
| Net Profit Margin | 51.2% | ||||
| 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 Smyl Systems Private Limited, buy the company report.
Board of directors of Smyl Systems Private Limited
Smyl Systems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Bansal | Director | 28 Apr 2008 | 18 Years 5 Months | Current |
| Bimal Kumar Singhal | Director | 18 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Smyl Systems Private Limited is compared with the 3 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qroplus Solution Private Limited | ₹3.79 Lakh (FY 2025) | Jaipur, Rajasthan, India | ||||
| Smyl Systems Private Limitedthis company | ₹3.78 Lakh (FY 2024) | ₹1.93 Lakh | 51.2% | 45.0% | Navi Mumbai, Maharashtra, India | |
| Viennawise Private Limited | ₹3.78 Lakh (FY 2024) | -86.0% | Bhopal, Madhya Pradesh, India | |||
| TVSR Technologies India Private Limited | ₹3.77 Lakh (FY 2025) | 255.0% | Cuddapah, Andhra Pradesh, India |
To see the full peer comparison of Smyl Systems Private Limited, buy the company report.
Auditor
Smyl Systems Private Limited is audited by H P M S & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H P M S & ASSOCIATES | FY 2017 | 022072N |
Shareholding
The shareholding of Smyl Systems 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 Smyl Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Smyl Systems 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 Smyl Systems 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 Smyl Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Smyl Systems Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Puneet Bansal ceased to be Director on 20 May 2019.
Frequently asked questions
Smyl Systems is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in computer programming, within the information technology industry. It was incorporated on 28 April 2008 (18+ years old) and is registered under CIN U72200MH2008PTC181666.
Smyl Systems has 2 current directors:
- Sanjiv Bansal - Director
- Bimal Kumar Singhal - Director
The latest financial statements of Smyl Systems 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Smyl Systems is U72200MH2008PTC181666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smyl Systems was incorporated on 28 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Smyl Systems by revenue are Qroplus Solution Private Limited, Viennawise Private Limited, TVSR Technologies India Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Puneet Bansal ceased to be Director on 20 May 2019. Bimal Kumar Singhal was appointed as Director on 18 May 2019. Rishi Bansal ceased to be Director on 07 Aug 2015. Smyl Systems has 5 board changes on record in total.
Smyl Systems can be reached through the website smylsolutions.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Smyl Systems is at Unit No 301 Third Floor Building No. 1 Sector 2 Millenium Busin, Ess Park, Navi Mumbai, Maharashtra, India – 400703.
Smyl Systems operates in the information technology industry, in the computer programming segment.
The compliance status of Smyl Systems is compliant as of 20 July 2026. The company is actively filing with the Registrar of Companies.