About Thane Smart City Limited
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Thane Smart City Limited is a public limited state government company based in Thane, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 18 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2016SGC286889. Its GSTIN is 27AAGCT0736R1ZR (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ashwin Ashok Mudgal and Sabak Lal Prasad.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.68 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹6.7 Cr (net margin -182.1%) and EBITDA of -₹6.67 Cr (EBITDA margin -181.1%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 27% 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 thanesmartcity.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressC/O Municipal Commissioners Off.Mahapalika Bhavan Late J.T.L.Almeda Vakil Machandan Wadi P, Achpakhadi, Thane, Maharashtra, India – 400602
- IndustryInfrastructure and Utilities, General Construction Services
- 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
- One PDF report, delivered after checkout
Auditor Details of Thane Smart City Limited
Thane Smart City Limited is audited by P R A S S & ASSOCIATES LLP for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P R A S S & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Thane Smart City Limited
Thane Smart City has 6 current directors and 32 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Ashok Mudgal | Nominee Director | 08 Apr 2024 | 2 Years 5 Months | Current |
| Sabak Lal Prasad Also directs: Patna Smart City Limited | Nominee Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Ashutosh Karbhari Dumbare Also directs: Smart Kalyan Dombivli Development Corporation Limited | Nominee Director | 24 Feb 2024 | 2 Years 7 Months | Current |
| Saurabh Rao | Nominee Director | 20 Mar 2024 | 2 Years 6 Months | Current |
| Sandeep Akaram Malvi | Nominee Director | 30 Jun 2021 | 5 Years 3 Months | Current |
| Koramegowda Hiranyagowda Govindaraj | Nominee Director | 14 Sep 2020 | 6 Years 0 Months | Current |
Financials of Thane Smart City Limited FY 2023 filings available
Thane Smart City Limited reported revenue of ₹3.68 Cr (down 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Thane Smart City Limited
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 27% fall in the latest year. EBITDA fell 247% 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 of Thane Smart City Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹6.67 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.7 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Thane Smart City Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -181.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -182.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Thane Smart City are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Thane Smart City Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Thane Smart City Limited
Thane Smart City Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Thane Smart City Limited
Employment history and EPFO contributions of people linked to Thane Smart City.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Thane Smart City Limited
Thane Smart City has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCT0736R1ZR | Maharashtra | Active | 19 Jan 2018 |
| 27AAGCT0736R1D0 | Maharashtra | Active | 26 Mar 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Thane Smart City Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Thane Smart City Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Thane Smart City Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Thane Smart City Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Thane Smart City Limited
Frequently Asked Questions about Thane Smart City Limited
Thane Smart City is an active public limited state government company based in Thane, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 18 October 2016 (10+ years old) and is registered under CIN U93090MH2016SGC286889.
Thane Smart City reported revenue of ₹3.68 Cr for FY 2023 (down 27% YoY).
Thane Smart City has 6 current directors:
- Ashwin Ashok Mudgal - Nominee Director
- Sabak Lal Prasad - Nominee Director
- Ashutosh Karbhari Dumbare - Nominee Director
- Saurabh Rao - Nominee Director
- Sandeep Akaram Malvi - Nominee Director
- Koramegowda Hiranyagowda Govindaraj - Nominee Director
Thane Smart City reported a net loss of ₹6.7 Cr (net margin -182.1%) and EBITDA of -₹6.67 Cr (EBITDA margin -181.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thane Smart City is -43% over three years and -27% over five years. In the latest year (FY 2023) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thane Smart City is 27AAGCT0736R1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAGCT0736R1D0 (Maharashtra).
The CIN (Corporate Identification Number) of Thane Smart City is U93090MH2016SGC286889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thane Smart City was incorporated on 18 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Thane Smart City can be reached through the website thanesmartcity.in. Its registered office is in Thane, Maharashtra, India.