Saffron Industries Limited

Manufacturer of kraft and newsprint paper, listed on stock exchanges, based in Nagpur.

1993 | Nagpur, Maharashtra (India) | Active
Last Updated:

Saffron Industries Profile

Key Indicators

  • Authorised Capital ₹ 78.00 Cr
  • Paid Up Capital ₹ 7.19 Cr
  • Company Age 31 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 42.78 Cr
  • Revenue Growth -4.67%
  • Profit Growth 15.35%
  • Ebitda 319.98%
  • Net Worth -16.48%
  • Total Assets -5.29%

About Saffron Industries

Saffron Industries Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 April 1993 and has a history of 31 years and 11 months. Its registered office is in Nagpur, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531436.

The Corporate was formerly known as Madhyadesh Papers Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 78.00 Cr and a paid-up capital of Rs 7.19 Cr.

The company has closed loans amounting to ₹42.78 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Saffron Industries Limited India are Anil Bajpai as CFO and Mohita Ramsariya as Company Secretary. Manoj Sinha, Thomas David, Shekhar Chandle, and One other member serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L21010MH1993PLC071683

  • Company No.

    071683

  • Stock Symbol

    BSE : 531436

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Apr 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Company report

Saffron Industries Limited

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

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

Executive Team (2)

NameDesignationAppointment DateStatus
Anil Bajpai CFO28-Feb-2024Current
Mohita Ramsariya Company Secretary21-Jan-2025Current

Board Members (4)

NameDesignationAppointment DateStatus
Manoj Sinha Country flag representing In Whole-Time Director 12-Jul-2016Current
Thomas David Country flag representing In Director 10-Dec-2021Current
Shekhar Chandle Country flag representing In Director 29-Mar-2022Current
Shriranga Maheshwari Country flag representing 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%.

Saffron Industries revenue growth over time
Saffron Industries 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
-4.67%
Revenue from Operations
-4.67%
Total Assets
-5.29%
Profit or Loss
15.35%
Net Worth
-16.48%
EBITDA
319.98%

What is the Ownership and Shareholding Structure of Saffron Industries?

In 2022, Saffron Industries had a promoter holding of 60.49% and a public holding of 39.51%. 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

₹42.78 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 17.50 Cr
  • Asrec (India) Limited : 14.10 Cr
  • Ifci Ltd : 4.50 Cr
  • The Indl.Finance Corp.Of India Ltd. : 4.00 Cr
  • Oriental Bank Of Commerce : 1.20 Cr
  • Others : 1.48 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2008Asrec (India) Limited₹3.80 CrSatisfied
11 Feb 2002Centurion Bank Ltd.₹0.56 MSatisfied
31 May 2001Centurion Bank Ltd.₹2.28 MSatisfied
24 Oct 2000Asrec (India) Limited₹5.80 CrSatisfied
11 May 2000State Bank Of India₹17.50 CrSatisfied

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 growth trends for Saffron Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saffron Industries, 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 Saffron Industries'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 Saffron Industries

Recent activity within the organization

  • Director Appointment

    Mohita Ramsariya was appointed as a Company Secretary was appointed as a Company Secretary on 21 Jan 2025 & has been associated with this company since 2 months 23 days .

  • Annual General Meeting

    Saffron Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Saffron Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • 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 1 year 1 month .

  • Director Appointment

    Shekhar Madhav Chandle was appointed as a Director was appointed as a Director on 29 Mar 2022 & has been associated with this company since 3 years 16 days .

  • 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 3 years 16 days .

Frequently asked questions

  • What is the Incorporation or founding date of Saffron Industries Limited?

    Saffron Industries Limited was incorporated on 20 Apr 1993.

  • What is authorized share capital and paid-up capital of Saffron Industries Limited?

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

  • Who are the current board members & directors of Saffron Industries Limited?

    Currently 6 directors are associated with Saffron Industries Limited.

    • Manoj Rameshwar Sinha
    • Thomas George David
    • Anil Bajpai
    • Mohita Ramsariya
    • Shekhar Madhav Chandle
    • Shriranga Vinod Maheshwari

  • What is the registered address of Saffron Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Saffron Industries Limited is Nava-Bharat Bhawan Chatrapati Square Wardha Road, India, Nagpur, Maharashtra, 440015.

  • What is the corporate identification number (CIN) and company number of Saffron Industries Limited?

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

  • Is Saffron Industries Limited registered with any stock exchange in India?

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

  • What is the official website of Saffron Industries Limited?

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

  • What has been the recent revenue trend for Saffron Industries Limited?

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

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

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

  • When was the last Balance Sheet of Saffron Industries Limited filed with the ROC?

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

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