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Saffron Industries Limited

Manufacturer of kraft and newsprint paper, listed on stock exchanges, based in Nagpur.
1993 | Nagpur, Maharashtra (India) | Active

Last Updated:

June 29, 2024
HomeCompanySaffron Industries Limited

Who are the key members and board of directors at Saffron Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Anil BajpaiCFO28-Feb-2024Current
Mahesh BhanarkarCompany Secretary11-Nov-2021Current

Board Members(5)

NameDesignationAppointment DateStatus
Vinod Maheshwari In Director 20-Apr-1993Current
Shriranga Maheshwari In Director 29-Mar-2022Current
Manoj Sinha In Whole-Time Director 12-Jul-2016Current
Thomas David In Director 10-Dec-2021Current
Shekhar Chandle In Director 29-Mar-2022Current

Financial Performance of Saffron Industries.

Saffron Industries Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.67% decrease. The company also saw a substantial improvement in profitability, with a 15.35% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.48%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-4.67%
Revenue from Operations
-4.67%
Total Assets
-5.29%
Profit or Loss
15.35%
Net Worth
-16.48%
EBITDA
319.98%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹42.78 Cr

LenderAmountStatus

Asrec (India) Limited

Creation Date: 27 Feb 2008
₹3.80 CrSatisfied

Centurion Bank Ltd.

Creation Date: 11 Feb 2002
₹0.56 MSatisfied

Centurion Bank Ltd.

Creation Date: 31 May 2001
₹2.28 MSatisfied

How Many Employees Work at Saffron Industries?

Unlock and access historical data on people associated with Saffron Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Saffron Industries

Recent activity within the organization

  • Director Appointment

    Anil Bajpai was appointed as a Cfo was appointed as a Cfo on 28 Feb 2024 & has been associated with this company since 9 months 25 days .

    28 Feb 2024

  • Annual General Meeting

    Saffron Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Saffron Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Shriranga Vinod Maheshwari was appointed as a Director was appointed as a Director on 29 Mar 2022 & has been associated with this company since 2 years 8 months .

    29 Mar 2022

  • Director Appointment

    Thomas George David was appointed as a Director was appointed as a Director on 10 Dec 2021 & has been associated with this company since 3 years 13 days .

    10 Dec 2021

  • Director Appointment

    Manoj Rameshwar Sinha was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Jul 2016 & has been associated with this company since 8 years 5 months .

    12 Jul 2016

Frequently asked questions

  • Saffron Industries Limited was incorporated on 20 Apr 1993.

  • The authorized share capital of Saffron Industries Limited is ₹ 78.00 Cr and paid-up capital is ₹ 7.19 Cr.

  • Currently 7 directors are associated with Saffron Industries Limited.

    • Vinod Ramgopal Maheshwari
    • Shriranga Vinod Maheshwari
    • Manoj Rameshwar Sinha
    • Thomas George David
    • Shekhar Madhav Chandle
    • Anil Bajpai
    • Mahesh Chudaman Bhanarkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saffron Industries Limited is Nava-Bharat Bhawan, Chatrapati Square Wardha Road, Nagpur, Maharashtra, India, 440015.

  • The corporate identification number (CIN) of Saffron Industries Limited is L21010MH1993PLC071683 and the company number is 071683 as per Ministry of Corporate Affairs (MCA).

  • Yes, Saffron Industries Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Saffron Industries Limited is https://www.saffronindustries.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saffron Industries Limited has fallen by -4.67%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saffron Industries Limited has experienced an downturn of -16.48%.

  • The most recent Balance Sheet for Saffron Industries Limited was filed with the ROC on 31 Mar 2023.

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