MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-17-0023107
SSMT Watches Private Limited
SSMT Watches Private Limited - home & lifestyle in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.04 Cr
▼ 87% YoY
Net profit · FY 2025
₹1.15 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹11.23 Lakh
EBITDA margin 10.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3 Cr
Satisfied ₹3 Cr
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
About SSMT Watches Private Limited
Data last updated:
SSMT Watches Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Surface Modification Technologies Private Limited. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 23 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33100MH2020PTC352388. Its GSTIN is 27ABFCS1541R1ZU (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amey Umesh Mhatre and Dipti Jimmy Chheda.
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 Gala No. 9 To 11 Emrald Bldg Nr Modi Hyundai Show Room Satiwali Rd. Vasai – E, Thane, Maharashtra, India – 401208.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.04 Cr, a decline of 87% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Lakh (net margin 1.1%) and EBITDA of ₹11.23 Lakh (EBITDA margin 10.8%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years.
As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹3 Cr on record.
SSMT Watches Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0023107).
Company details
CIN U33100MH2020PTC352388
Registration Number 352388
Incorporation Date 23 December 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Surface Modification Technologies Private Limited
MSME Classification Micro
Udyam Registration UDYAM-MH-17-0023107
Recognitions & Rankings of SSMT Watches
Contact details
SSMT Watches Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGala No. 9 To 11 Emrald Bldg Nr Modi Hyundai Show Room Satiwali Rd. Vasai – E, Thane, Maharashtra, India – 401208
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of SSMT Watches Private Limited, buy the company report.
Comprehensive company report
SSMT Watches 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 SSMT Watches is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of SSMT Watches Private Limited, buy the company report.
Financials of SSMT Watches Private Limited
FY 2025 filings availableSSMT Watches Private Limited reported revenue of ₹1.04 Cr (down 87% YoY) for FY 2025.
Revenue · FY 2025
₹1.04 Cr ▼ 87%
Net profit · FY 2025
₹1.15 Lakh margin 1.1%
EBITDA · FY 2025
₹11.23 Lakh margin 10.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 41%
EBITDA CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 19%
Revenue has declined at a compounded annual rate (CAGR) of 41% over three years, including a 87% fall in the latest year. EBITDA fell 85% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹11.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.15 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of SSMT Watches Private Limited, buy the company report.
Board of directors of SSMT Watches Private Limited
SSMT Watches has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amey Umesh Mhatre | Director | 23 Dec 2020 | 5 Years 10 Months | Current |
| Dipti Jimmy Chheda | Director | 23 Dec 2020 | 5 Years 10 Months | Current |
| Jimmy Dhanji Chheda Also directs: Surface Modification Technologies Private Limited | Director | 23 Dec 2020 | 5 Years 10 Months | Current |
| Umesh Raghunath Mhatre | Director | 23 Dec 2020 | 5 Years 10 Months | Current |
Auditor
SSMT Watches Private Limited is audited by J. R. SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. R. SHAH & ASSOCIATES | FY 2023 | 113173W |
Shareholding
The shareholding of SSMT Watches Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of SSMT Watches Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3 Cr
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 May 2023 | 100752529 | Others | ₹3 Cr | Satisfied |
To see the full charge records of SSMT Watches Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving SSMT Watches 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
SSMT Watches Private Limited has 5 MSME Form 1 returns on record between 2021 and 2023, listing 16 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Divyang Time Industries | |||
| Mectronics Marketing Services | |||
| Nixon Industries | |||
| an individual supplier | |||
| Jaysun Technocoating Private Limited |
To see the full MSME payment records of SSMT Watches Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
SSMT Watches Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
Active EPFO establishments
1
GST
SSMT Watches has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABFCS1541R1ZU | Maharashtra | Active | 07 Feb 2021 |
To see the full GST registrations and return filing status of SSMT Watches Private Limited, buy the company report.
Recent activity
SSMT Watches Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Amey Umesh Mhatre was appointed as Director on 23 Dec 2020.
AGM
Ssmt Watches Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 02 May 2023 via Charge ID 100752529 with Others was fully satisfied on 19 Apr 2025.
Filing
Ssmt Watches Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100752529 was registered on 02 May 2023.
Appointed
Amey Umesh Mhatre was appointed as Director.
Appointed
Dipti Jimmy Chheda was appointed as Director.
Appointed
Jimmy Dhanji Chheda was appointed as Director.
Appointed
Umesh Raghunath Mhatre was appointed as Director.
Incorporation
23 Dec 2020
Ssmt Watches Private Limited was registered on 23 Dec 2020 with Roc Mumbai Ii & aged 5 years 10 months as per MCA records.
Frequently asked questions
SSMT Watches is an active private limited company based in Thane, Maharashtra, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 23 December 2020 (6+ years old) and is registered under CIN U33100MH2020PTC352388.
SSMT Watches has 4 current directors:
- Amey Umesh Mhatre - Director
- Dipti Jimmy Chheda - Director
- Jimmy Dhanji Chheda - Director
- Umesh Raghunath Mhatre - Director
The latest financial statements of SSMT Watches 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 2021 are in the company report.
The GSTIN of SSMT Watches is 27ABFCS1541R1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of SSMT Watches is U33100MH2020PTC352388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SSMT Watches was incorporated on 23 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Amey Umesh Mhatre was appointed as Director on 23 Dec 2020. Dipti Jimmy Chheda was appointed as Director on 23 Dec 2020. Jimmy Dhanji Chheda was appointed as Director on 23 Dec 2020. SSMT Watches has 4 board changes on record in total.
Yes, SSMT Watches is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-17-0023107).
SSMT Watches has 5 MSME Form 1 returns on record between 2021 and 2023, listing 16 overdue payments to 7 micro and small suppliers. The latest return was filed on 29 Aug 2023.
The registered office of SSMT Watches is at Gala No. 9 To 11 Emrald Bldg Nr Modi Hyundai Show Room Satiwali Rd. Vasai – E, Thane, Maharashtra, India – 401208.
SSMT Watches operates in the home and lifestyle industry, in the lifestyle products and accessories manufacturing segment.
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