About Saffron Hospitality Private Limited
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Saffron Hospitality Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 21 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U55101DL2003PTC120448. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹11.01 Lakh. It was formerly known as Swastik Contracts Pvt Ltd. It is led by directors Surinder Kumar Malik and Rajneesh Malik.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 12/12 East Punjabi Bagh, New Delhi, Delhi, India – 110026.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.35 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹10.06 Lakh (net margin -428.7%) and EBITDA of ₹1.62 Lakh (EBITDA margin 69%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 68% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.16 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saffronhospitality.co.in.
Company details
Contact details
Saffron Hospitality Private Limited's registered office is in New Delhi, Delhi. Its website is saffronhospitality.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address12/12 East Punjabi Bagh, New Delhi, Delhi, India – 110026
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Saffron Hospitality Private Limited, buy the company report.
- 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
Business activity
The main business activity of Saffron Hospitality is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
Financials of Saffron Hospitality Private Limited
FY 2022 filings availableSaffron Hospitality Private Limited reported revenue of ₹2.35 Lakh (down 38% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 38% fall in the latest year. EBITDA rose 107% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.35 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.06 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 69% | ||||
| Net Profit Margin | -428.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Saffron Hospitality Private Limited, buy the company report.
Board of directors of Saffron Hospitality Private Limited
Saffron Hospitality has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surinder Kumar Malik | Director | 23 May 2003 | 23 Years 5 Months | Current |
| Rajneesh Malik | Director | 23 May 2003 | 23 Years 5 Months | Current |
Auditor
Saffron Hospitality Private Limited is audited by SHARMA SHUBHANG & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA SHUBHANG & ASSOCIATES | FY 2022 | 036829N |
Shareholding
The shareholding of Saffron Hospitality Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saffron Hospitality Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2004 | 90058694 | Indian Overseas Bank | ₹12 Lakh | Open | |
| 22 Jul 2004 | 90058612 | Indian Overseas Bank | ₹1.04 Cr | Open |
To see the full charge records of Saffron Hospitality Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Saffron Hospitality Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Execution petition | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed against the company by Citfinancial Consumer Finance India Ltd | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by individuals | Disposed |
To see the full case history of Saffron Hospitality Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saffron Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saffron Hospitality has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Saffron Hospitality Private Limited, buy the company report.
Recent activity
Saffron Hospitality Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Rajneesh Malik was appointed as Director on 23 May 2003.
Frequently asked questions
Saffron Hospitality is an active private limited company based in New Delhi, Delhi, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 21 May 2003 (23+ years old) and is registered under CIN U55101DL2003PTC120448.
Saffron Hospitality has 2 current directors:
- Surinder Kumar Malik - Director
- Rajneesh Malik - Director
The latest financial statements of Saffron Hospitality on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Saffron Hospitality has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Saffron Hospitality is U55101DL2003PTC120448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saffron Hospitality has 4 court cases on record: 4 filed against it. Most are in the district courts.
Saffron Hospitality was incorporated on 21 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
Rajneesh Malik was appointed as Director on 23 May 2003. Surinder Kumar Malik was appointed as Director on 23 May 2003.
Saffron Hospitality can be reached through the website saffronhospitality.co.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Saffron Hospitality is at 1212 East Punjabi Bagh, New Delhi, Delhi, India – 110026.
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