Saffe Panel Industry Private Limited

Saffe Panel Industry Private Limited - manufacturing in Cherthala, Kerala, India. FY 2026 financials & compliance.
CIN U20210KL2014PTC036848 Incorporated 08 July 2014 ROC Ernakulam HQ Cherthala, Kerala, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2023
₹30.17 Cr
▲ 73% YoY
Net profit · FY 2023
₹32.36 Lakh
Net margin 1.1%
EBITDA · FY 2023
₹2.1 Cr
EBITDA margin 6.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.45 Cr
Issued & subscribed
Open charges
₹5.35 Cr
Satisfied ₹6.15 Cr
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings

About Saffe Panel Industry Private Limited

Data last updated:

Saffe Panel Industry Private Limited is a private limited company based in Cherthala, Kerala, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 08 July 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U20210KL2014PTC036848. Its GSTIN is 32AAUCS7022D1ZF (Kerala).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.45 Cr. It is led by directors Chovakaran Kloth Pudhiyamaliyamal Mujesh (Managing Director) and Miyas Ashraf.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. E – 3 Ksidc Industrial Growth Centre Pallipuram, Cherthala, Kerala, India – 688541.

As per the financials filed for FY 2023, the company reported a revenue of ₹30.17 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹32.36 Lakh (net margin 1.1%) and EBITDA of ₹2.1 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 25% over five years.

As per MCA filings, the company has open charges of ₹5.35 Cr and satisfied charges of ₹6.15 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.

Saffe Panel Industry Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-01-0000758). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saffesystems.com.

Company details

CIN U20210KL2014PTC036848
Registration Number 036848
Incorporation Date 08 July 2014
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-01-0000758
Key People
Chovakaran Kloth Pudhiyamaliyamal Mujesh Managing Director Miyas Ashraf Director

Recognitions & Rankings of Saffe Panel Industry

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-KL-01-0000758

Contact details

Saffe Panel Industry Private Limited's registered office is in Cherthala, Kerala. Its website is saffesystems.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    saffesystems.com
  • Registered Address
    Plot No. E – 3 Ksidc Industrial Growth Centre Pallipuram, Cherthala, Kerala, India – 688541
  • Industry
    Manufacturing, Wood Products & MDF

To see the full contact details of Saffe Panel Industry Private Limited, buy the company report.

Comprehensive company report
Saffe Panel Industry Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Saffe Panel Industry Private Limited

FY 2024 filings available

Saffe Panel Industry Private Limited reported revenue of ₹30.17 Cr (up 73% YoY) for FY 2023.

Revenue · FY 2023
₹30.17 Cr ▲ 73%
Net profit · FY 2023
₹32.36 Lakh margin 1.1%
EBITDA · FY 2023
₹2.1 Cr margin 6.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 73%
3 years · compounded
▲ 14%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▼ 1%
5 years · compounded
▲ 21%

Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 73% growth in the latest year. EBITDA rose 63% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹30.17 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.1 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹32.36 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin6.9%
Net Profit Margin1.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Saffe Panel Industry Private Limited, buy the company report.

Board of directors of Saffe Panel Industry Private Limited

Saffe Panel Industry has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Miyas AshrafDirector08 Jul 201412 Years 4 MonthsCurrent
Chovakaran Kloth Pudhiyamaliyamal MujeshManaging Director08 Jul 201412 Years 4 MonthsCurrent
View all directors

Auditor

Saffe Panel Industry Private Limited is audited by BALAN & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BALAN & COFY 20230340S

Shareholding

The shareholding of Saffe Panel Industry Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Saffe Panel Industry Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.35 Cr
Satisfied charges
₹6.15 Cr
Breakdown by lending institutions
Others₹5.00 Cr
Axis Bank Limited₹0.35 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Sep 2024100981261Others₹5 CrOpen
29 Jul 201510591335Axis Bank Limited₹35 LakhOpen
16 Mar 2018100163938Others₹5.3 CrSatisfied
29 Jul 201510591418Axis Bank Limited₹85 LakhSatisfied

To see the full charge records of Saffe Panel Industry Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Saffe Panel Industry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Saffe Panel Industry has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AAUCS7022D1ZFKeralaActive01 Jul 2017

To see the full GST registrations and return filing status of Saffe Panel Industry Private Limited, buy the company report.

Recent activity

Saffe Panel Industry Private Limited has 8 board changes on record since 2014: 5 appointments and 3 cessations. The latest: Nithesh Bhaskaran ceased to be Nominee Director on 08 Aug 2023.

AGM
Saffe Panel Industry Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100981261 was registered on 05 Sep 2024.
Charges
A charge registered on 16 Mar 2018 via Charge ID 100163938 with Others was fully satisfied on 19 Jul 2024.
Filing
Saffe Panel Industry Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Ceased
Nithesh Bhaskaran ceased to be Nominee Director.
Charges
A charge with Others of Rs. 5.30 Cr registered on 16 Mar 2018 with Charge ID 100163938 was modified on 23 Feb 2022.
Appointed
Nithesh Bhaskaran was appointed as Nominee Director.
Charges
A charge registered on 29 Jul 2015 via Charge ID 10591418 with Axis Bank Limited was fully satisfied on 08 Jul 2020.
Ceased
Ashraf ceased to be Director.
Ceased
Kurikkattuparambil Ahamedkutty Mohamad Sherif ceased to be Director.
Charges
A charge with Others amounted to Rs. 5.30 Cr with Charge ID 100163938 was registered on 16 Mar 2018.
Charges
A charge with Axis Bank Limited of Rs. 0.85 Cr registered on 29 Jul 2015 with Charge ID 10591418 was modified on 20 Feb 2018.

7 earlier events are in the company report.

Frequently asked questions

Saffe Panel Industry is an active private limited company based in Cherthala, Kerala, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 08 July 2014 (12+ years old) and is registered under CIN U20210KL2014PTC036848.

Saffe Panel Industry has 2 current directors:

The latest financial statements of Saffe Panel Industry on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Saffe Panel Industry is 32AAUCS7022D1ZF, registered in Kerala.

The CIN (Corporate Identification Number) of Saffe Panel Industry is U20210KL2014PTC036848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Saffe Panel Industry has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending.

Saffe Panel Industry was incorporated on 08 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ernakulam.

Nithesh Bhaskaran ceased to be Nominee Director on 08 Aug 2023. Nithesh Bhaskaran was appointed as Nominee Director on 01 Mar 2021. Ashraf ceased to be Director on 01 Jan 2019. Saffe Panel Industry has 8 board changes on record in total.

Yes, Saffe Panel Industry is registered as a small enterprise under Udyam registration (number: UDYAM-KL-01-0000758).

Saffe Panel Industry can be reached through the website saffesystems.com. Its registered office is in Cherthala, Kerala, India.