Snet Networks Private Limited

Snet Networks Private Limited - service in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74120MH2015PTC267550 Incorporated 18 August 2015 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company service
Data last updated
Revenue · FY 2024
₹7.94 Cr
▼ 12% YoY
Net loss · FY 2024
₹62.72 Lakh
Net margin -7.9%
EBITDA · FY 2024
-₹36.21 Lakh
EBITDA margin -4.6%
Authorised capital
₹1.21 Cr
Registered with MCA
Paid-up capital
₹1.21 Cr
Issued & subscribed
Open charges
₹6 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings

About Snet Networks Private Limited

Data last updated:

Snet Networks Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT services segment of the services sector. It was incorporated on 18 August 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC267550. Its GSTIN is 27AAWCS0987P1Z3 (Maharashtra).

The company has an authorised share capital of ₹1.21 Cr and a paid-up capital of ₹1.21 Cr. It is led by directors Vipul Rameshchandra Doshi and Rajesh Nagendra Singh.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹7.94 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹62.72 Lakh (net margin -7.9%) and EBITDA of -₹36.21 Lakh (EBITDA margin -4.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.

The company is associated with 1 brand: SNET Networks. As per MCA filings, the company has open charges of ₹6 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website snetnetworks.com.

Company details

CIN U74120MH2015PTC267550
Registration Number 267550
Incorporation Date 18 August 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Snet Networks Private Limited's registered office is in Mumbai, Maharashtra. Its website is snetnetworks.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    D – 6 Nav Varsh Co. Op. Hsg Society Plot No. 58 Gorai Sector – 1 Borivali W, Est, Mumbai, Maharashtra, India – 400091
  • Industry
    Service, Information Technology Services

To see the full contact details of Snet Networks Private Limited, buy the company report.

Comprehensive company report
Snet Networks 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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Brands

Snet Networks operates one associated brand: SNET Networks. Each brand links to its own profile.

BrandDescriptionWebsite
High-speed broadband provider offering internet plans for households and corporate needs in Mumbai.snetnetworks.com

Business activity

The main business activity of Snet Networks is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Snet Networks Private Limited, buy the company report.

Financials of Snet Networks Private Limited

FY 2025 filings available

Snet Networks Private Limited reported revenue of ₹7.94 Cr (down 12% YoY) for FY 2024.

Revenue · FY 2024
₹7.94 Cr ▼ 12%
Net loss · FY 2024
₹62.72 Lakh margin -7.9%
EBITDA · FY 2024
-₹36.21 Lakh margin -4.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 2%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 144%
3 years · compounded
▼ 35%
5 years · compounded
▼ 34%

Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 144% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹36.21 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹62.72 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-4.6%
Net Profit Margin-7.9%
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 Snet Networks Private Limited, buy the company report.

Board of directors of Snet Networks Private Limited

Snet Networks has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vipul Rameshchandra DoshiDirector18 Aug 201511 Years 2 MonthsCurrent
Rajesh Nagendra SinghDirector17 Jul 20188 Years 3 MonthsCurrent

Auditor

Snet Networks Private Limited is audited by DMKH & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
DMKH & CO.FY 2023116886W

Shareholding

The shareholding of Snet Networks Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Snet Networks Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹6.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Aug 2024100965435Canara Bank₹6 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Snet Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Snet Networks has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAWCS0987P1Z3MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Snet Networks Private Limited, buy the company report.

Recent activity

Snet Networks Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Rajesh Nagendra Singh was appointed as Director on 17 Jul 2018.

AGM
Snet Networks Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Snet Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Canara Bank amounted to Rs. 6.00 Cr with Charge ID 100965435 was registered on 12 Aug 2024.
Appointed
Rajesh Nagendra Singh was appointed as Director.
Ceased
Sandhya Vipul Doshi ceased to be Director.
Appointed
Vipul Rameshchandra Doshi was appointed as Director.
Incorporation
18 Aug 2015
Snet Networks Private Limited was registered on 18 Aug 2015 with Roc Mumbai & aged 11 years 2 months as per MCA records.

Frequently asked questions

Snet Networks is an active private limited company based in Mumbai, Maharashtra, India. The company works in information technology services, within the service industry. It was incorporated on 18 August 2015 (11+ years old) and is registered under CIN U74120MH2015PTC267550.

Snet Networks has 2 current directors:

The latest financial statements of Snet Networks 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 FY 2016 are in the company report.

The GSTIN of Snet Networks is 27AAWCS0987P1Z3, registered in Maharashtra.

The CIN (Corporate Identification Number) of Snet Networks is U74120MH2015PTC267550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Snet Networks was incorporated on 18 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.

Rajesh Nagendra Singh was appointed as Director on 17 Jul 2018. Sandhya Vipul Doshi ceased to be Director on 17 Jul 2018. Vipul Rameshchandra Doshi was appointed as Director on 18 Aug 2015.

Snet Networks can be reached through the website snetnetworks.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Snet Networks is at D – 6 Nav Varsh Co. Op. Hsg Society Plot No. 58 Gorai Sector – 1 Borivali W, Est, Mumbai, Maharashtra, India – 400091.

Snet Networks operates in the service industry, in the information technology services segment.