Safa Rice Products Private Limited

Safa Rice Products Private Limited - food and beverages in Morigaon, Assam, India. Directors, charges & compliance details.
CIN U15319AS2014PTC011805 Incorporated 26 February 2014 ROC Guwahati HQ Morigaon, Assam, India
Active Private Limited Company food and beverages MSME · Micro
Data last updated
Revenue · FY 2021
₹5.28 Cr
▼ 29% YoY
Net profit · FY 2021
₹6.9 Lakh
Net margin 1.3%
EBITDA · FY 2021
₹39.43 Lakh
EBITDA margin 7.5%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.34 Cr
Issued & subscribed
Open charges
₹3.82 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings

About Safa Rice Products Private Limited

Data last updated:

Safa Rice Products Private Limited is a private limited company based in Morigaon, Assam, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 26 February 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U15319AS2014PTC011805.

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.34 Cr. It is led by directors Foorkan Ali and Abdullah Foorkan.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Hatimuria Village P.O. Moirabari, Morigaon, Assam, India – 782126.

As per the financials filed for FY 2021, the company reported a revenue of ₹5.28 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹6.9 Lakh (net margin 1.3%) and EBITDA of ₹39.43 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 15% over five years.

As per MCA filings, the company has open charges of ₹3.82 Cr on record.

Safa Rice Products Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AS-21-0001720). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U15319AS2014PTC011805
Registration Number 011805
Incorporation Date 26 February 2014
ROC Guwahati
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-AS-21-0001720

Recognitions & Rankings of Safa Rice Products

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-AS-21-0001720

Contact details

Safa Rice Products Private Limited's registered office is in Morigaon, Assam.

  • Registered Address
    Hatimuria Village P.O. Moirabari, Morigaon, Assam, India – 782126
  • Industry
    Food and Beverages, Staple Foods & Grains
Comprehensive company report
Safa Rice Products Private Limited - one report that includes everything
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  • 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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Business activity

The main business activity of Safa Rice Products is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

To see the full business activity and turnover split of Safa Rice Products Private Limited, buy the company report.

Financials of Safa Rice Products Private Limited

FY 2021 filings available

Safa Rice Products Private Limited reported revenue of ₹5.28 Cr (down 29% YoY) for FY 2021.

Revenue · FY 2021
₹5.28 Cr ▼ 29%
Net profit · FY 2021
₹6.9 Lakh margin 1.3%
EBITDA · FY 2021
₹39.43 Lakh margin 7.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 14%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 24%
5 years · compounded
▲ 63%

Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 31% 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹39.43 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.9 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin7.5%
Net Profit Margin1.3%
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 Safa Rice Products Private Limited, buy the company report.

Board of directors of Safa Rice Products Private Limited

Safa Rice Products has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Foorkan AliDirector26 Feb 201412 Years 7 MonthsCurrent
Abdullah FoorkanDirector26 Feb 201412 Years 7 MonthsCurrent

Peer comparison

Safa Rice Products Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jaykay Roller Flour Mills (India) Private Limited₹5.35 Cr (FY 2024)2582.0%Ulhasanagar, Maharashtra, India
Mittal Rice Mills Pvt Ltd₹5.34 Cr (FY 2025)18.0%Sambalpur, Odisha, India
Devshri Agrotech Pvt Ltd₹5.32 Cr (FY 2025)21.0%Dhamtari, Chhattisgarh, India
Safa Rice Products Private Limitedthis company₹5.28 Cr (FY 2021)₹6.9 Lakh1.3%-29.0%Morigaon, Assam, India
D.M. Pulses Private Limited₹5.27 Cr (FY 2025)6.0%Indore, Madhya Pradesh, India

To see the full peer comparison of Safa Rice Products Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.82 Cr
Satisfied charges
None
Breakdown by lending institutions
United Bank of India₹3.82 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Dec 201410585518United Bank of India₹3.82 CrOpen

Total charge records: 1 View all charges

MSME payment delays

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

GST

No GST registration is on our record for Safa Rice Products Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Safa Rice Products Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Abdullah Foorkan was appointed as Director on 26 Feb 2014.

AGM
Safa Rice Products Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Safa Rice Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Guwahati.
Charges
A charge with United Bank Of India amounted to Rs. 3.82 Cr with Charge ID 10585518 was registered on 31 Dec 2014.
Appointed
Abdullah Foorkan was appointed as Director.
Appointed
Foorkan Ali was appointed as Director.
Incorporation
26 Feb 2014
Safa Rice Products Private Limited was registered on 26 Feb 2014 with Roc Guwahati & aged 12 years 7 months as per MCA records.

Frequently asked questions

Safa Rice Products is an active private limited company based in Morigaon, Assam, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 26 February 2014 (12+ years old) and is registered under CIN U15319AS2014PTC011805.

Safa Rice Products has 2 current directors:

The latest financial statements of Safa Rice Products on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Safa Rice Products is U15319AS2014PTC011805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Safa Rice Products was incorporated on 26 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Guwahati.

The peers of Safa Rice Products by revenue are Jaykay Roller Flour Mills (India) Private Limited, Mittal Rice Mills Pvt Ltd, Devshri Agrotech Pvt Ltd, D.M. Pulses Private Limited, all in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products).

Abdullah Foorkan was appointed as Director on 26 Feb 2014. Foorkan Ali was appointed as Director on 26 Feb 2014.

Yes, Safa Rice Products is registered as a micro enterprise under Udyam registration (number: UDYAM-AS-21-0001720).

The registered office of Safa Rice Products is at Hatimuria Village P.O. Moirabari, Morigaon, Assam, India – 782126.

Safa Rice Products operates in the food and beverages industry, in the staple foods and grains segment.

Safa Rice Products has open charges of ₹3.82 Cr and no satisfied charges on record as per latest MCA filings.