Saffron Industries Limited

BSE: 531436
Saffron Industries Limited - manufacturing in Nagpur, Maharashtra, India. FY 2026 financials and compliance.
CIN L21010MH1993PLC071683 Incorporated 20 April 1993 ROC Nagpur HQ Nagpur, Maharashtra, India
Active Listed - BSE: 531436 Public Limited Company manufacturing
Data last updated
Revenue · FY 2026
₹6.86 Cr
▲ 8.58% YoY
Computed EBITDA · FY 2026
₹4.66 Cr
▼ 3.14% YoY
Net profit · FY 2026
₹1.57 Cr
▼ 43.96% YoY
Authorised capital
₹78 Cr
Registered with MCA
Paid-up capital
₹7.19 Cr
Issued & subscribed
Open charges
None
Satisfied ₹42.78 Cr
Company age
33 yrs
Est. 1993
Last financials
Mar 2025
Balance sheet date

About Saffron Industries Limited

Data last updated: 15 July 2026

Saffron Industries Limited is a public limited company based in Nagpur, Maharashtra, India. It specialises in paper and packaging products, a part of the broader manufacturing sector. Incorporated on 20 April 1993, the company has been in operation for over 33 years.

Registered with ROC Nagpur under CIN L21010MH1993PLC071683. Listed on BSE: 531436.

Capital: an authorised share capital of ₹78 Cr and a paid-up capital of ₹7.19 Cr. Formerly known as Madhyadesh Papers Limited. It is led by directors including Manoj Rameshwar Sinha and Thomas George David.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Nava – Bharat Bhawan Chatrapati Square Wardha Road, Nagpur, Maharashtra, India – 440015.

As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹6.86 Cr, a growth of 8.58% compared to the previous year. Total assets are valued at ₹11.97 Cr (down 4.44% YoY).

The company is associated with 1 brand - Saffron Industries. As per MCA filings, the company has satisfied charges of ₹42.78 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saffronindustries.in.

Company Details of Saffron Industries Limited
CIN L21010MH1993PLC071683
Registration Number 071683
Incorporation Date 20 April 1993
ROC Nagpur
Listing Status Listed (BSE: 531436)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Manoj Rameshwar Sinha Whole-Time Director Thomas George David Director Shriranga Vinod Maheshwari Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    saffronindustries.in
  • Social Media
  • Registered Address
    Nava – Bharat Bhawan Chatrapati Square Wardha Road, Nagpur, Maharashtra, India – 440015
  • Industry
    Manufacturing, Paper & Packaging Products
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Financials, compliance, directors, charges, ownership and filings for Saffron Industries Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Saffron Industries Limited

Saffron Industries Limited has one previous CIN (Corporate Identification Number): L21010MH1993PTC071683. The current CIN is L21010MH1993PLC071683, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L21010MH1993PLC071683 Current
L21010MH1993PTC071683 Previous

Associated Brands with Saffron Industries Limited

Saffron Industries Limited operates one associated brand: Saffron Industries. These brands represent Saffron Industries Limited's diversified market presence and brand portfolio.

Brand Description Website
Saffron Industries
Manufacturer & exporter of paper products saffronindustries.in

Business Activity of Saffron Industries Limited

Saffron Industries Limited is engaged in principal business activities including manufacturing and real estate, with detailed activities including wood and wood products, furniture, paper and paper products, real estate activities with own or leased property. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C3 Wood and wood products, furniture, paper and paper products Locked
L Real Estate L1 Real estate activities with own or leased property Locked
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Auditor Details of Saffron Industries Limited

Saffron Industries Limited is audited by Utsav Sumit & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Utsav Sumit & Associates Locked Locked Locked
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Complete auditor history for Saffron Industries Limited

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Board of Directors of Saffron Industries Limited

Saffron Industries Limited is currently managed by 4 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Manoj Rameshwar Sinha
Also directs: Saffron Industries Limited, Poojadarshan Buildcon Private Limited, Adivaibhav Infrastructures Private Limited
Whole-Time Director 12 Jul 2016 10 Years 1 Months Current
Thomas George David
Also directs: Saffron Industries Limited
Director 10 Dec 2021 4 Years 8 Months Current
Shriranga Vinod Maheshwari
Also directs: Saffron Industries Limited
Director 29 Mar 2022 4 Years 4 Months Current
Shekhar Madhav Chandle
Also directs: Saffron Industries Limited
Director 29 Mar 2022 4 Years 4 Months Current
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Financials of Saffron Industries Limited FY 2026 filings available

Saffron Industries Limited reported revenue of ₹6.86 Cr (up 8.58% YoY) for FY 2026.

Revenue · FY 2026
₹6.86 Cr ▲ 8.58%
Profit · FY 2026
₹1.57 Cr ▼ 43.96%
Computed EBITDA · FY 2026
₹4.66 Cr ▼ 3.14%
Revenue₹ Cr · Standalone01020FY 2020: ₹9 Cr8.8FY 2020FY 2021: ₹17 Cr · +95.2% YoY17.2+95.2%FY 2021FY 2022: ₹18 Cr · +3.5% YoY17.9+3.5%FY 2022FY 2023: ₹17 Cr · -4.7% YoY17-4.7%FY 2023FY 2024: ₹16 Cr · -4.8% YoY16.2-4.8%FY 2024FY 2025: ₹6 Cr · -61% YoY6.3-61%FY 2025FY 2026: ₹7 Cr · +8.6% YoY6.9+8.6%FY 2026
Net Profit₹ Cr · Standalone-2-10123FY 2020: ₹0 Cr (loss)-0.4FY 2020FY 2021: ₹2 Cr (loss) · -420.2% YoY-1.9FY 2021FY 2022: ₹2 Cr (loss) · +6.3% YoY-1.8FY 2022FY 2023: ₹2 Cr (loss) · +15.3% YoY-1.5FY 2023FY 2024: ₹2 Cr (loss) · -25.8% YoY-1.9FY 2024FY 2025: ₹3 Cr · +248.5% YoY2.8+248.5%FY 2025FY 2026: ₹2 Cr · -44% YoY1.6-44%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year024Q1'25: ₹0 Cr0Q1'25Q2'25: ₹0 Cr0.5Q2'25Q3'25: ₹2 Cr2.5Q3'25Q4'25: ₹3 Cr3.4Q4'25Q1'26: ₹3 Cr3.1Q1'26Q2'26: ₹1 Cr · +77.9% YoY0.8+77.9%Q2'26Q3'26: ₹2 Cr · -38.6% YoY1.5-38.6%Q3'26Q4'26: ₹1 Cr · -57.6% YoY1.4-57.6%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹6.86 Cr ₹6.32 Cr ₹16.2 Cr ₹17.02 Cr ₹17.85 Cr ₹17.24 Cr ₹8.83 Cr
Other Income ₹3.32 Lakh ₹3.12 Lakh ₹4.15 Lakh ₹2.23 Lakh ₹2.37 Lakh ₹10.74 Lakh ₹27.04 Lakh
Total Income ₹6.9 Cr ₹6.35 Cr ₹16.24 Cr ₹17.04 Cr ₹17.88 Cr ₹17.35 Cr ₹9.1 Cr
Cost of Materials Consumed ₹0 ₹15.35 Lakh ₹14.7 Cr ₹14.49 Cr ₹15.71 Cr ₹15.24 Cr ₹5.38 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹65,000
Changes in Inventories ₹0 -₹2.27 Cr -₹2.16 Cr -₹2.54 Cr ₹0 ₹0 ₹0
Employee Benefit Expense -₹8.09 Lakh ₹83.27 Lakh ₹41.37 Lakh ₹54.31 Lakh ₹48.13 Lakh ₹60.1 Lakh ₹39.04 Lakh
Finance Costs ₹91.08 Lakh ₹28,000 ₹0 ₹0 ₹0 ₹0 ₹0
Depreciation & Amortisation ₹2.25 Cr ₹2 Cr ₹1.94 Cr ₹1.93 Cr ₹1.62 Cr ₹1.2 Cr ₹1.19 Cr
Other Expenses ₹2.32 Cr ₹2.82 Cr ₹3.23 Cr ₹4.13 Cr ₹1.84 Cr ₹2.2 Cr ₹2.5 Cr
Total Expenses ₹5.4 Cr ₹3.54 Cr ₹18.13 Cr ₹18.54 Cr ₹19.65 Cr ₹19.25 Cr ₹9.47 Cr
Profit Before Exceptional Items & Tax ₹1.49 Cr ₹2.81 Cr -₹1.89 Cr -₹1.5 Cr -₹1.78 Cr -₹1.9 Cr -₹36.23 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 -₹21,000
Profit Before Tax ₹1.49 Cr ₹2.81 Cr -₹1.89 Cr -₹1.5 Cr -₹1.78 Cr -₹1.9 Cr -₹36.44 Lakh
Total Tax Expense -₹7.99 Lakh ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Net Profit ₹1.57 Cr ₹2.81 Cr -₹1.89 Cr -₹1.5 Cr -₹1.78 Cr -₹1.9 Cr -₹36.44 Lakh
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Comprehensive Income ₹1.57 Cr ₹2.81 Cr -₹1.89 Cr -₹1.5 Cr -₹1.78 Cr -₹1.9 Cr -₹36.44 Lakh
EBITDA (computed) ₹4.66 Cr ₹4.81 Cr ₹5.29 Lakh ₹42.29 Lakh -₹15.83 Lakh -₹69.46 Lakh ₹83.2 Lakh
Basic EPS ₹2.19 ₹3.91 ₹0.00 ₹0.00 ₹0.00 ₹0.00 ₹0.00
Diluted EPS ₹2.19 ₹3.91 ₹0.00 ₹0.00 ₹0.00 ₹0.00 ₹0.00
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Assets ₹11.97 Cr ₹12.53 Cr ₹10.84 Cr ₹10.35 Cr ₹10.92 Cr ₹12.08 Cr ₹17.48 Cr
Non-current Assets ₹59.98 Lakh ₹3.24 Cr ₹5.21 Cr ₹7.13 Cr ₹9.87 Cr ₹11.09 Cr ₹12.27 Cr
Current Assets ₹11.37 Cr ₹9.29 Cr ₹5.63 Cr ₹3.21 Cr ₹1.05 Cr ₹98.97 Lakh ₹5.21 Cr
Property, Plant & Equipment ₹72,000 ₹2.76 Cr ₹4.75 Cr ₹6.69 Cr ₹9.43 Cr ₹10.65 Cr ₹11.85 Cr
Inventories ₹7.05 Cr ₹6.97 Cr ₹4.86 Cr ₹2.72 Cr ₹1.02 Lakh ₹15.24 Lakh ₹16.87 Lakh
Trade Receivables ₹1.74 Cr ₹8.64 Lakh ₹0 ₹0 ₹0 ₹0 ₹4.61 Cr
Cash & Equivalents ₹56.77 Lakh ₹31.72 Lakh ₹35.13 Lakh ₹4.02 Lakh ₹47.8 Lakh ₹28.13 Lakh ₹3.8 Lakh
Equity (Net Worth) -₹8.19 Cr -₹9.77 Cr -₹12.58 Cr -₹10.64 Cr -₹9.13 Cr -₹7.36 Cr -₹5.46 Cr
Equity Share Capital ₹7.19 Cr ₹7.19 Cr ₹7.19 Cr ₹7.19 Cr ₹7.19 Cr ₹7.19 Cr ₹7.19 Cr
Borrowings (Non-current) ₹1.96 Cr ₹11.84 Cr ₹16.98 Cr ₹19.96 Cr ₹19.14 Cr ₹17.35 Cr ₹20.58 Cr
Borrowings (Current) ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Debt (computed) ₹1.96 Cr ₹11.84 Cr ₹16.98 Cr ₹19.96 Cr ₹19.14 Cr ₹17.35 Cr ₹20.58 Cr
Current Liabilities ₹18.21 Cr ₹10.45 Cr ₹6.44 Cr ₹1.02 Cr ₹91.45 Lakh ₹2.08 Cr ₹2.36 Cr
Total Liabilities ₹20.17 Cr ₹22.3 Cr ₹23.42 Cr ₹20.98 Cr ₹20.06 Cr ₹19.43 Cr ₹22.94 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹9.63 Cr ₹5.1 Cr ₹3.27 Cr -₹2.09 Cr -₹1.22 Cr
Investing Cash Flow ₹53.32 Lakh ₹2.71 Lakh ₹3.65 Lakh ₹83.18 Lakh -₹37.76 Lakh
Financing Cash Flow -₹9.89 Cr -₹5.14 Cr -₹2.98 Cr ₹81.8 Lakh ₹1.79 Cr
Capital Expenditure ₹0 ₹0 ₹51,000 ₹0 ₹40.14 Lakh
Free Cash Flow (computed) ₹9.63 Cr ₹5.1 Cr ₹3.27 Cr -₹2.09 Cr -₹1.62 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹28 Lakh -₹66,000 ₹32.82 Lakh -₹43.83 Lakh ₹19.4 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹1.43 Cr ₹1.52 Cr ₹81.03 Lakh ₹3.1 Cr ₹3.38 Cr ₹2.48 Cr ₹45.54 Lakh ₹0
Other Income ₹1.71 Lakh ₹81,000 ₹0 ₹79,000 ₹48,000 ₹1.08 Lakh ₹81,000 ₹74,000
Total Income ₹1.45 Cr ₹1.53 Cr ₹81.03 Lakh ₹3.1 Cr ₹3.39 Cr ₹2.49 Cr ₹46.35 Lakh ₹74,000
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹15.35 Lakh ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 -₹8.57 Lakh -₹69.49 Lakh ₹37.55 Lakh -₹1.9 Cr ₹57.47 Lakh -₹31.84 Lakh -₹62.08 Lakh
Employee Benefit Expense ₹32.42 Lakh ₹24.44 Lakh ₹22.63 Lakh ₹22.9 Lakh ₹22.68 Lakh ₹19.19 Lakh ₹21.54 Lakh ₹19.85 Lakh
Finance Costs ₹21.1 Lakh ₹0 ₹0 ₹0 ₹1,000 ₹1,100 ₹0 ₹26,000
Depreciation & Amortisation ₹6,000 ₹2,000 ₹30.46 Lakh ₹1.95 Cr ₹1.08 Cr ₹30.59 Lakh ₹30.59 Lakh ₹30.59 Lakh
Other Expenses ₹40.52 Lakh ₹53.47 Lakh ₹73.68 Lakh ₹64.3 Lakh ₹1.07 Cr ₹83.93 Lakh ₹43.63 Lakh ₹47.89 Lakh
Total Expenses ₹94.1 Lakh ₹69.36 Lakh ₹57.28 Lakh ₹3.2 Cr ₹47.42 Lakh ₹2.07 Cr ₹63.92 Lakh ₹36.51 Lakh
Profit Before Exceptional Items & Tax ₹50.97 Lakh ₹83.89 Lakh ₹23.75 Lakh -₹9.2 Lakh ₹2.91 Cr ₹42.88 Lakh -₹17.57 Lakh -₹35.77 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹50.97 Lakh ₹83.89 Lakh ₹23.75 Lakh -₹9.2 Lakh ₹2.91 Cr ₹42.88 Lakh -₹17.57 Lakh -₹35.77 Lakh
Total Tax Expense ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Net Profit ₹50.97 Lakh ₹83.89 Lakh ₹23.75 Lakh -₹9.2 Lakh ₹2.91 Cr ₹42.88 Lakh -₹17.57 Lakh -₹35.77 Lakh
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Comprehensive Income ₹50.97 Lakh ₹83.89 Lakh ₹23.75 Lakh -₹9.2 Lakh ₹2.91 Cr ₹42.88 Lakh -₹17.57 Lakh -₹35.77 Lakh
EBITDA (computed) ₹72.13 Lakh ₹83.91 Lakh ₹54.21 Lakh ₹1.86 Cr ₹3.99 Cr ₹73.48 Lakh ₹13.02 Lakh -₹4.92 Lakh
Basic EPS ₹0.71 ₹1.16 ₹0.33 ₹0.00 ₹4.05 ₹0.60 ₹0.00 ₹0.00
Diluted EPS ₹0.71 ₹1.16 ₹0.33 ₹0.00 ₹4.05 ₹0.60 ₹0.00 ₹0.00
Latest 8 quarters shown.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Segment A- Paper manufacturing ₹1.72 Lakh ₹1.66 Lakh -₹66.75 Lakh ₹7.89 Cr
Segment B- Real estate devlopment ₹1.43 Cr ₹49.32 Lakh -₹7.53 Cr ₹16.97 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Segment A- Paper manufacturing ₹3.32 Lakh -₹2.22 Cr - -
Segment B- Real estate devlopment ₹6.86 Cr ₹3.71 Cr - -
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Shareholding Pattern of Saffron Industries Limited

As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 60.49%, domestic institutional investors hold 0.11%, retail and other public shareholders hold 39.40% of Saffron Industries Limited. The company had 3,519 shareholders on record.

Promoters: 60.49%DII (Domestic Institutional): 0.11%Retail & Others: 39.40%
Mar 2026
QUARTER
60.49% Promoters
0.11% DII (Domestic Institutional)
39.40% Retail & Others
Promoter holding - history
Now 60.49% · Mar 2026High 60.49% · Jun 2023Low 60.49% · Jun 2023
59%59.8%60.5%61.3%62%Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2023: 60.49%Sep 2023: 60.49%Dec 2023: 60.49%Mar 2024: 60.49%Jun 2024: 60.49%Sep 2024: 60.49%Dec 2024: 60.49%Mar 2025: 60.49%Jun 2025: 60.49%Sep 2025: 60.49%Dec 2025: 60.49%Mar 2026: 60.49%60.49%60.49%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters60.49%60.49%60.49%60.49%60.49%60.49%
Public39.51%39.51%39.51%39.51%39.51%39.51%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024
Promoters60.49%60.49%60.49%
Public39.51%39.51%39.51%
Promoter change (YoY, %pts)+0.00+0.00-

Charges & Borrowings of Saffron Industries Limited

Open charges
₹0
Satisfied charges
₹42.78 Cr
Breakdown by lending institutions
State Bank of India₹17.50 Cr
Asrec (India) Limited₹14.10 Cr
Ifci Ltd₹4.50 Cr
The Indl.Finance Corp.Of India Ltd.₹4.00 Cr
Oriental Bank of Commerce₹1.20 Cr
Others₹1.48 Cr
Latest charge details
DateLenderAmountStatus
27 Feb 2008 Asrec (India) Limited ₹3.8 Cr Satisfied
11 Feb 2002 Centurion Bank Ltd. ₹5.6 Lakh Satisfied
31 May 2001 Centurion Bank Ltd. ₹22.75 Lakh Satisfied
24 Oct 2000 Asrec (India) Limited ₹5.8 Cr Satisfied
11 May 2000 State Bank of India ₹17.5 Cr Satisfied

Total charge records: 10 View all charges

Employees and EPFO Compliance at Saffron Industries Limited

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Employee and EPFO history for Saffron Industries Limited

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GST Compliance of Saffron Industries Limited

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GST registrations and filing compliance for Saffron Industries Limited

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Credit Ratings, Litigation & Regulatory Alerts for Saffron Industries Limited

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MSME Payment Delays by Saffron Industries Limited

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MSME payment history for Saffron Industries Limited

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Subsidiaries & Group Companies of Saffron Industries Limited

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Corporate group structure for Saffron Industries Limited

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MCA Filings & Documents of Saffron Industries Limited

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MCA filings and documents for Saffron Industries Limited

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Recent Activity on Saffron Industries Limited

Directors
02 Jul 2026
Sanyam Sunil Jain was appointed as a Company Secretary on 02 Jul 2026 & has been associated with this company since 1 month 18 days.
Activity
30 Sep 2025
Saffron Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Saffron Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Directors
28 Feb 2024
Anil Bajpai was appointed as a Cfo on 28 Feb 2024 & has been associated with this company since 2 years 5 months.
Directors
29 Mar 2022
Shriranga Vinod Maheshwari was appointed as a Director on 29 Mar 2022 & has been associated with this company since 4 years 4 months.
Directors
29 Mar 2022
Shekhar Madhav Chandle was appointed as a Director on 29 Mar 2022 & has been associated with this company since 4 years 4 months.

Frequently Asked Questions about Saffron Industries Limited

Saffron Industries Limited is an active public limited company in the manufacturing sector based in Nagpur, Maharashtra, India. It was incorporated on 20 April 1993 (33+ years old) and is registered under CIN L21010MH1993PLC071683. Listed on BSE: 531436.

Saffron Industries Limited reported revenue of ₹6.86 Cr for FY 2026 (up 8.58% YoY) based on standalone BSE filings.

The current directors of Saffron Industries Limited are:

The primary industry of Saffron Industries Limited is manufacturing. The company specifically operates in paper and packaging products. The company is currently active in this sector.

Yes. Saffron Industries Limited is listed on BSE with code 531436.

Saffron Industries Limited can be reached at the registered office: Nava – Bharat Bhawan Chatrapati Square Wardha Road, Nagpur, Maharashtra, India – 440015, or through the website saffronindustries.in.

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