Saffron Electronics Company Private Limited
About Saffron Electronics Company Private Limited
Data last updated:
Saffron Electronics Company Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 15 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH1995PTC089594.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Hanumandass Goyal Banwarilal and Shourabh Goyal Hanumandas.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 307 Tulsiani Chambers Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2023, the company reported a revenue of ₹32.07 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹99.21 Lakh (net margin -309.4%) and EBITDA of ₹22.49 Lakh (EBITDA margin 70.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address307 Tulsiani Chambers Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryTrading, Specialty, Wholesale
- 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 Electronics Company Private Limited
The main business activity of Saffron Electronics Company 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 Electronics Company Private Limited FY 2023 filings available
Saffron Electronics Company Private Limited reported revenue of ₹32.07 Lakh (down 96% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Saffron Electronics Company Private Limited
Revenue fell 96% in the latest year. EBITDA fell 97% 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 Electronics Company Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹22.49 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹99.21 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 Electronics Company Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 70.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -309.4% | •••• | •••• | •••• | •••• |
| 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 Electronics Company 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.
Peer Comparison of Saffron Electronics Company Private Limited
Saffron Electronics Company Private Limited 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 |
|---|---|---|---|---|---|---|
| RNP Finvest Pvt Ltd | ₹32.11 Lakh (FY 2024) | •••• | •••• | 123.0% | •••• | Kanpur, Uttar Pradesh, India |
| Samuhik Bachat Nidhi Limited | ₹32.1 Lakh (FY 2023) | •••• | •••• | 17.0% | •••• | Mandi, Himachal Pradesh, India |
| Ashmeet Infrastructure Private Limited | ₹32.1 Lakh (FY 2017) | •••• | •••• | -83.0% | •••• | New Delhi, Delhi, India |
| Clesian Marketing Pvt.Ltd. | ₹32.09 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Kolkata, West Bengal, India |
| Banwari Securities Private Limited | ₹32.09 Lakh (FY 2024) | •••• | •••• | 36.0% | •••• | New Delhi, Delhi, India |
| Saffron Electronics Company Private Limited this company | ₹32.07 Lakh (FY 2023) | •••• | •••• | -96.0% | •••• | Mumbai, Maharashtra, India |
| Vysravana Nidhi Limited | ₹32.06 Lakh (FY 2024) | •••• | •••• | -36.0% | •••• | Kozhikode, Kerala, India |
| Jayendra Investments Private Limited | ₹32.05 Lakh (FY 2024) | •••• | •••• | 706.0% | •••• | Coimbatore, Tamil Nadu, India |
| Atulya Nirman Micro Finance Association | ₹32.05 Lakh (FY 2017) | •••• | •••• | 496.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| RPS Finvest Pvt Ltd | ₹32.04 Lakh (FY 2016) | •••• | •••• | 6.0% | •••• | Ludhiana, Punjab, India |
| Yajna Chits Private Limited | ₹32 Lakh (FY 2017) | •••• | •••• | 2.0% | •••• | Mysore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Saffron Electronics Company 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 Electronics Company Private Limited
Saffron Electronics Company Private Limited is audited by K N GANDHI AND COMPANY for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K N GANDHI AND COMPANY | 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.
Board of Directors of Saffron Electronics Company Private Limited
Saffron Electronics Company has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hanumandass Goyal Banwarilal Also directs: Kamrajan Properties Private Limited | Director | 17 May 2011 | 15 Years 4 Months | Current |
| Shourabh Goyal Hanumandas Also directs: Kamrajan Properties Private Limited | Director | 22 Apr 1998 | 28 Years 5 Months | Current |
| Sonal Goyal Shourabh | Director | 20 Apr 2019 | 7 Years 5 Months | Current |
Ownership and Shareholding of Saffron Electronics Company Private Limited
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 Electronics Company Private Limited
Saffron Electronics Company Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Saffron Electronics Company Private Limited
Employment history and EPFO contributions of people linked to Saffron Electronics Company.
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 Electronics Company Private Limited
Saffron Electronics Company Private Limited has 5 board changes on record since 1998: 3 appointments and 2 cessations. The latest: Raju Jethanand Whabi ceased to be Director on 03 May 2019.
Credit Ratings, Litigation & Regulatory Alerts for Saffron Electronics Company Private Limited
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 Electronics Company Private Limited
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 Electronics Company Private Limited
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 Electronics Company Private Limited
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 Electronics Company Private Limited
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 Electronics Company Private Limited
Saffron Electronics Company is an active private limited company based in Mumbai, Maharashtra, India. The company works in specialty, within the trading industry. It was incorporated on 15 June 1995 (31+ years old) and is registered under CIN U51909MH1995PTC089594.
Saffron Electronics Company reported revenue of ₹32.07 Lakh for FY 2023 (down 96% YoY).
Saffron Electronics Company has 3 current directors:
- Hanumandass Goyal Banwarilal - Director
- Shourabh Goyal Hanumandas - Director
- Sonal Goyal Shourabh - Director
Saffron Electronics Company reported a net loss of ₹99.21 Lakh (net margin -309.4%) and EBITDA of ₹22.49 Lakh (EBITDA margin 70.1%) for FY 2023, as per its filed financial statements.
The CIN (Corporate Identification Number) of Saffron Electronics Company is U51909MH1995PTC089594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saffron Electronics Company was incorporated on 15 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Saffron Electronics Company by revenue are RNP Finvest Pvt Ltd, Samuhik Bachat Nidhi Limited, Ashmeet Infrastructure Private Limited, Clesian Marketing Pvt.Ltd, Banwari Securities Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Raju Jethanand Whabi ceased to be Director on 03 May 2019. Sonal Goyal Shourabh was appointed as Director on 20 Apr 2019. Rekha Raju Whabi ceased to be Director on 20 Oct 2016. Saffron Electronics Company has 5 board changes on record in total.
The registered office of Saffron Electronics Company is at 307 Tulsiani Chambers Nariman Point, Mumbai, Maharashtra, India – 400021.
Saffron Electronics Company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.
Saffron Electronics Company operates in the trading industry, in the specialty segment.