Saffron Agencies Ltd
About Saffron Agencies Ltd
Data last updated:
Saffron Agencies Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 23 October 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB1981PLC034224. Its GSTIN is 19AADCS5422N1ZZ (West Bengal).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Madhu Sudan Sharma and Sushanta Kumar Parida.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at P 103 Princep Street 3rd Floor Room No.24, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.11 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹50.46 Lakh (net margin 45.5%) and EBITDA of ₹61.38 Lakh (EBITDA margin 55.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹7.5 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Saffron Agencies Ltd
Saffron Agencies has one previous CIN (Corporate Identification Number): L51109WB1981PLC034224. The current CIN is U51109WB1981PLC034224, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109WB1981PLC034224 | Current |
| L51109WB1981PLC034224 | Previous |
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- Registered AddressP 103 Princep Street 3rd Floor Room No.24, Kolkata, West Bengal, India – 700072
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Saffron Agencies Ltd
The main business activity of Saffron Agencies is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Saffron Agencies Ltd FY 2025 filings available
Saffron Agencies Ltd reported revenue of ₹1.11 Cr (up 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Saffron Agencies Ltd
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 48% growth in the latest year. EBITDA rose 247% 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 of Saffron Agencies Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹61.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50.46 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 of Saffron Agencies Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 55.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 45.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Saffron Agencies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Saffron Agencies Ltd
Saffron Agencies has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhu Sudan Sharma | Director | 10 Dec 2018 | 7 Years 10 Months | Current |
| Sushanta Kumar Parida Also directs: Spangle Marketing Ltd., Kasturi Corporate Consultants LLP, Swift Tie-Up Private Limited and 1 more | Director | 24 Nov 1999 | 26 Years 10 Months | Current |
| Palash Chandra Karmakar Also directs: Spangle Marketing Ltd., Arjun Minerals & Transporters Ltd. | Director | 01 Mar 2017 | 9 Years 7 Months | Current |
Peer Comparison of Saffron Agencies Ltd
Saffron Agencies Ltd is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ranisati Textrade Pvt Ltd | ₹1.11 Cr (FY 2025) | •••• | •••• | 177.0% | •••• | Kolkata, West Bengal, India |
| Sudhir Enterprises Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Nethaji Nagar Nidhi Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Chennai, Tamil Nadu, India |
| Sampatkaree Chit Fund Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Hyderabad, Telangana, India |
| Ashika Commodities & Derivatives Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Kolkata, West Bengal, India |
| Saffron Agencies Ltd this company | ₹1.11 Cr (FY 2024) | •••• | •••• | 48.0% | •••• | Kolkata, West Bengal, India |
| Profit Culture Investment Services Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Chandigarh, India |
| Sarvotam Leasing and Real Estates Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Jalandhar, Punjab, India |
| Maanor Investments Pvt Ltd | ₹1.11 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Kolkata, West Bengal, India |
| East West Nidhi Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Chennai, Tamil Nadu, India |
| Elite (India) Private Limited | ₹1.11 Cr (FY 2025) | •••• | •••• | -90.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Saffron Agencies by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Saffron Agencies Ltd
Saffron Agencies Ltd is audited by G. K. TULSYAN & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G. K. TULSYAN & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Saffron Agencies Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Saffron Agencies Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 1986 | Indian Overseas Bank | ₹7.5 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Saffron Agencies Ltd
Saffron Agencies Ltd has 1 court case on record: 1 filed by Saffron Agencies. All case is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed by the company against Income Tax Officer Ward 1/1 | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Saffron Agencies Ltd
Employment history and EPFO contributions of people linked to Saffron Agencies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Saffron Agencies Ltd
Saffron Agencies Ltd has 12 board changes on record since 1999: 3 appointments and 9 cessations. The latest: Digvijay Kumar Choudhary ceased to be Director on 17 Dec 2019.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Saffron Agencies Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Saffron Agencies Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Saffron Agencies Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Saffron Agencies Ltd
Saffron Agencies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCS5422N1ZZ | West Bengal | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Saffron Agencies Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Saffron Agencies Ltd
Saffron Agencies is an active public limited company based in Kolkata, West Bengal, India. The company works in financial activities, within the financial services industry. It was incorporated on 23 October 1981 (45+ years old) and is registered under CIN U51109WB1981PLC034224.
Saffron Agencies reported revenue of ₹1.11 Cr for FY 2024 (up 48% YoY).
Saffron Agencies has 3 current directors:
- Madhu Sudan Sharma - Director
- Sushanta Kumar Parida - Director
- Palash Chandra Karmakar - Director
Saffron Agencies reported a net profit of ₹50.46 Lakh (net margin 45.5%) and EBITDA of ₹61.38 Lakh (EBITDA margin 55.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saffron Agencies is -7% over three years and 5% over five years. In the latest year (FY 2024) revenue rose 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Saffron Agencies is 19AADCS5422N1ZZ, registered in West Bengal.
The CIN (Corporate Identification Number) of Saffron Agencies is U51109WB1981PLC034224. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saffron Agencies has 1 court case on record: 1 filed by the company.
Saffron Agencies was incorporated on 23 October 1981, making it 45+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Saffron Agencies by revenue are Ranisati Textrade Pvt Ltd, Sudhir Enterprises Private Limited, Nethaji Nagar Nidhi Limited, Sampatkaree Chit Fund Private Limited, Ashika Commodities & Derivatives Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Digvijay Kumar Choudhary ceased to be Director on 17 Dec 2019. Madhu Sudan Sharma ceased to be Additional Director on 30 Sep 2019. Surendra Singh ceased to be Additional Director on 30 Sep 2019. Saffron Agencies has 12 board changes on record in total.