Sharmada Balu (born 9 August 1993) is a professional Indian tennis player.

Balu has career-high WTA rankings of 582 in singles, achieved on 30 November 2015, and 335 in doubles, reached on 3 August 2015.

She has won two singles and 16 doubles titles at tournaments of the ITF Women's Circuit.

[1] She decided to quit tennis at the end of 2016 due to an injury and lack of financial support.

Balu made her WTA Tour main-draw debut at the 2022 Chennai Open in the doubles tournament, partnering with her compatriot Riya Bhatia.