S.M.I.L.E. Microfinance Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 17.34 Cr
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- 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 S.M.I.L.E. Microfinance
S.M.I.L.E. Microfinance Limited (SML) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 March 1995 and has a history of 29 years and 11 months. Its registered office is in Egmore Nungambakkam, Tamil Nadu, India.
The Corporate was formerly known as Sri Madhava Finance Private Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 17.34 Cr.
The company has closed loans amounting to ₹2,089.79 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at S.M.I.L.E. Microfinance Limited India is Prabakaran Thangavelu as CFO. Aleem Remtula, J Swanson, Venkatachalam Padmanaban, and One other member serve as directors at the Company.
Company Details
- Location
Egmore Nungambakkam, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67190TN1995PLC030604
- Company No.
030604
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Mar 1995
- Date of AGM
29 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at S.M.I.L.E. Microfinance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vee Prabakaran | Managing Director | 05-Apr-2024 | Current |
Prabakaran Thangavelu  | CFO | 01-Apr-2015 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
J Swanson  | Director | 04-Jan-2010 | Current |
| Aleem Remtula | Director | 04-Jan-2010 | Current |
| Venkatachalam Padmanaban | Nominee Director | 29-Oct-2019 | Current |
Financial Performance of S.M.I.L.E. Microfinance.
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of S.M.I.L.E. Microfinance?
In 2023, S.M.I.L.E. Microfinance 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.
Related Corporates (Common Directorship)
Ashv Finance LimitedAleem Remtula is a mutual person
Kiwi Health Private LimitedVenkatachalam Padmanaban is a mutual person
- Kiwi Hospitals Private Limited
Venkatachalam Padmanaban is a mutual person
- Kiwi Prime Health Private Limited
Venkatachalam Padmanaban is a mutual person
- S.R.Meenakshi Hospital Private Limited
Venkatachalam Padmanaban is a mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 2022 | Others | ₹40.00 Cr | Satisfied |
| 29 Oct 2021 | Others | ₹10.00 Cr | Satisfied |
| 25 Oct 2021 | Others | ₹20.00 Cr | Satisfied |
| 28 Sep 2021 | Others | ₹20.00 Cr | Satisfied |
| 27 Sep 2021 | Others | ₹25.00 Cr | Satisfied |
How Many Employees Work at S.M.I.L.E. Microfinance?
S.M.I.L.E. Microfinance 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of S.M.I.L.E. Microfinance, 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 S.M.I.L.E. Microfinance's trajectory.
Rating
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
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