Smfl Services Limited

Microfinance company providing financial services in multiple states and territories.

1995 | Chennai, Tamil Nadu (India) | Under Liquidation
Last Updated:

Smfl Services Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 17.34 Cr
  • Company Age 30 Year, 24 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2,089.79 Cr
  • Revenue Growth -71.92%
  • Profit Growth 73.14%
  • Ebitda -9.64%
  • Net Worth -4.99%
  • Total Assets -63.60%

About Smfl Services

Smfl Services Limited (SSL) is Under Liquidation company established on 21 Mar 1995 with its office registered at Chennai, Tamil Nadu, India and has been running since 30 Year, 24 Days with a paid up capital of 17.34 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 05 Mar 2025.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70200TN1995PLC030604

  • Company No.

    030604

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 1995

  • Date of AGM

    16 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services
Company report

Smfl Services Limited

Explore comprehensive data for Smfl Services Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Smfl Services?

Executive Team (2)

NameDesignationAppointment DateStatus
Vee Prabakaran Country flag representing In Managing Director10-Apr-2023Current
Prabakaran Thangavelu Country flag representing In CFO01-Apr-2015Current

Board Members (2)

NameDesignationAppointment DateStatus
J Swanson Country flag representing Us Director 04-Jan-2010Current
Venkatachalam Padmanaban Country flag representing In Nominee Director 29-Oct-2019Current

Financial Performance of Smfl Services.

S.M.I.L.E. Microfinance Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 71.92% decrease. The company also saw a substantial improvement in profitability, with a 73.14% increase in profit. The company's net worth dipped by a decrease of 4.99%.

Smfl Services revenue growth over time
Smfl Services profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-71.92%
Revenue from Operations
-71.86%
Total Assets
-63.60%
Profit or Loss
73.14%
Net Worth
-4.99%
EBITDA
-9.64%

What is the Ownership and Shareholding Structure of Smfl Services?

In 2023, Smfl Services had a promoter holding of 18.17% and a public holding of 81.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2,089.79 Cr

Charges Breakdown by Lending Institutions

  • Others : 1061.14 Cr
  • Idbi Bank Limited : 95.00 Cr
  • Andhra Bank : 60.00 Cr
  • The Ratnakar Bank Limited : 60.00 Cr
  • State Bank Of India : 50.00 Cr
  • Others : 763.65 Cr

Latest Charge Details

DateLenderAmountStatus
11 Mar 2022Others₹40.00 CrSatisfied
29 Oct 2021Others₹10.00 CrSatisfied
25 Oct 2021Others₹20.00 CrSatisfied
28 Sep 2021Others₹20.00 CrSatisfied
27 Sep 2021Others₹25.00 CrSatisfied

How Many Employees Work at Smfl Services?

Smfl Services has a workforce of 2 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Smfl Services Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Smfl Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Smfl Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Smfl Services

Recent activity within the organization

  • Annual General Meeting

    Smfl Services Limited last Annual general meeting of members was held on 16 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Smfl Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Vee Thangavelu Prabakaran was appointed as a Managing Director was appointed as a Managing Director on 10 Apr 2023 & has been associated with this company since 2 years 4 days .

  • Charges

    A charge registered on 11 Mar 2022 via Charge ID 100548109 with Others was fully satisfied on 02 Jun 2022.

  • Charges

    A charge registered on 29 Oct 2021 via Charge ID 100505342 with Others was fully satisfied on 02 Jun 2022.

  • Charges

    A charge registered on 28 Sep 2021 via Charge ID 100492196 with Others was fully satisfied on 02 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Smfl Services Limited?

    Smfl Services Limited was incorporated on 21 Mar 1995.

  • What is authorized share capital and paid-up capital of Smfl Services Limited?

    The authorized share capital of Smfl Services Limited is ₹ 20.00 Cr and paid-up capital is ₹ 17.34 Cr.

  • Who are the current board members & directors of Smfl Services Limited?

    Currently 4 directors are associated with Smfl Services Limited.

    • J Bradley Swanson
    • Venkatachalam Sundaram Padmanaban
    • Vee Thangavelu Prabakaran
    • Prabakaran Thangavelu
  • What is the registered address of Smfl Services Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Smfl Services Limited is 8Th Floor No 2 South Tower Krm Plaza Harrington Road, Chetpet India, Egmore Nungambakkam, Tamil Nadu, 600031.

  • What is the corporate identification number (CIN) and company number of Smfl Services Limited?

    The corporate identification number (CIN) of Smfl Services Limited is U70200TN1995PLC030604 and the company number is 030604 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Smfl Services Limited?

    The Official website of Smfl Services Limited is https://www.sfltd.in

  • What has been the recent revenue trend for Smfl Services Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Smfl Services Limited has fallen by -71.92%.

  • How many employees does Smfl Services Limited currently have?

    As Per 2023 financial reports, 2 employees are currently employed by Smfl Services Limited.

  • What change has been observed in the net worth of Smfl Services Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Smfl Services Limited has experienced an downturn of -4.99%.

  • When was the last Balance Sheet of Smfl Services Limited filed with the ROC?

    The most recent Balance Sheet for Smfl Services Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Microfinance Institutions