MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-20-0005053
Market Cap
₹17.60 Cr
SAFFRON · BSE
Share Price
₹23.00
-6.12% today
Revenue
₹6.86 Cr
FY 2025-26 · +8.5% YoY
EBITDA
₹3.71 Cr
Margin 54.1%
Net Profit
₹1.57 Cr
FY 2025-26 · -44.1% YoY
P/E (TTM)
9.8x
P/B -
Authorised capital
₹78 Cr
Registered with MCA
Paid-up capital
₹7.19 Cr
Issued & subscribed
About Saffron Industries Limited
Data last updated:
Saffron Industries Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 20 April 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN L21010MH1993PLC071683. Its GSTIN is 27AABCM3580B1ZS (Maharashtra). Its shares are listed on BSE: 531436.
The company has an authorised share capital of ₹78 Cr and a paid-up capital of ₹7.19 Cr. It was formerly known as Madhyadesh Papers Limited. It is led by directors including Manoj Rameshwar Sinha (Whole-Time Director) and Thomas George David.
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 Nava – Bharat Bhawan Chatrapati Square Wardha Road, Nagpur, Maharashtra, India – 440015.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹6.86 Cr, a growth of 8.5% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Cr (net margin 22.9%) and EBITDA of ₹3.71 Cr (EBITDA margin 54.1%).
The company is associated with 1 brand: Saffron Industries. As per MCA filings, the company has satisfied charges of ₹42.78 Cr on record. Court records list 47 cases involving the company, including 18 filed by the company and 26 filed against it; 5 cases are pending. The company has 11 deals on record (11 market trades); the latest was in December 2025. Its 10 peer companies in the Manufacturing industry (Paper) are compared by revenue, 5 larger and 5 smaller; the largest is Speciality Print O Pack Private Limited with revenue of ₹6.46 Cr.
Saffron Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0005053). 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
MSME Classification Small
Udyam Registration UDYAM-MH-20-0005053
CIN History of Saffron Industries Limited
Saffron Industries 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 |
Key People
Manoj Rameshwar Sinha Whole-Time Director Thomas George David Director Shriranga Vinod Maheshwari Director Recognitions & Rankings of Saffron Industries
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNava – Bharat Bhawan Chatrapati Square Wardha Road, Nagpur, Maharashtra, India – 440015
- IndustryManufacturing, Paper & Packaging Products
Comprehensive company report
Saffron Industries Limited - one report that includes everything
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Associated Brands with Saffron Industries Limited
Saffron Industries operates one associated brand: Saffron Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer & exporter of paper products | saffronindustries.in |
Business Activity of Saffron Industries Limited
The main business activities of Saffron Industries are manufacturing and real estate. In detail, this covers wood and wood products, furniture, paper and paper products and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| 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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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 Industries Limited FY 2025-26 filings available
Saffron Industries Limited reported revenue of ₹6.86 Cr (up 8.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹6.86 Cr
+8.5% YoY
EBITDA
₹3.71 Cr
-22.5% YoY
Profit After Tax
₹1.57 Cr
-44.1% YoY
Net Worth
−₹8.19 Cr
+16.1% YoY
Total Assets
−₹6.24 Cr
-400.0% YoY
Total Debt
₹1.96 Cr
-83.4% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 6.86 | 6.32 | 16.20 | 17.02 | 17.85 | 17.24 | 8.83 |
| Revenue growth | +8.5% | -61.0% | -4.8% | -4.7% | +3.5% | +95.2% | - |
| EBITDA | 3.71 | 4.79 | 0.02 | 0.40 | (0.17) | (0.80) | 0.58 |
| EBITDA margin | +54.1% | +75.8% | +0.1% | +2.4% | -1.0% | -4.6% | +6.6% |
| Profit before tax | 1.49 | 2.81 | (1.89) | (1.51) | (1.78) | (1.90) | (0.35) |
| Net profit | 1.57 | 2.81 | (1.89) | (1.51) | (1.78) | (1.90) | (0.35) |
| Net profit margin | +22.9% | +44.5% | -11.7% | -8.9% | -10.0% | -11.0% | -4.0% |
| EPS (₹) | 2.19 | 3.91 | (2.63) | (2.09) | (2.47) | (2.64) | (0.51) |
| Balance sheet | |||||||
| Total assets | (6.24) | 2.08 | 4.40 | 9.32 | 10.01 | 9.99 | 15.12 |
| Net worth | (8.19) | (9.76) | (12.57) | (10.63) | (9.13) | (7.35) | (5.46) |
| Total debt | 1.96 | 11.84 | 16.98 | 19.96 | 19.14 | 17.35 | 20.58 |
| Cash & bank | 0.57 | 0.32 | 0.35 | 0.04 | 0.48 | 0.28 | 0.04 |
| Net working capital | (6.84) | (1.16) | (0.81) | 2.20 | 0.15 | (1.09) | 2.86 |
| Cash flow | |||||||
| Cash from operations | 9.63 | 5.10 | 3.27 | (2.09) | (1.22) | 3.47 | (0.22) |
| Cash from investing | 0.53 | 0.03 | 0.04 | 0.83 | (0.38) | 0.03 | 0.03 |
| Cash from financing | (9.89) | (5.14) | (2.98) | 0.82 | 1.79 | (3.23) | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.06 | 1.43 | 1.52 | 0.81 | 3.10 | 3.38 | 2.48 | 0.46 |
| Revenue growth (YoY) | -65.8% | -57.7% | -38.7% | +76.1% | - | - | - | - |
| Other income | 0.01 | 0.02 | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 |
| Total expenses | 0.95 | 0.94 | 0.69 | 0.27 | 1.25 | (0.61) | 1.76 | 0.33 |
| EBITDA | 0.11 | 0.49 | 0.83 | 0.54 | 1.85 | 3.99 | 0.72 | 0.13 |
| EBITDA margin | +10.4% | +34.3% | +54.6% | +66.7% | +59.7% | +118.0% | +29.0% | +28.3% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.30 | 1.95 | 1.08 | 0.31 | 0.31 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.12 | 0.51 | 0.84 | 0.24 | (0.09) | 2.91 | 0.42 | (0.17) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 21 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.06 | 1.43 | 1.52 | 0.81 | 3.10 | 3.38 | 2.48 | 0.46 |
| Revenue growth (YoY) | -65.8% | -57.7% | -38.7% | +76.1% | - | - | - | - |
| Other income | 0.01 | 0.02 | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 |
| Total expenses | 0.95 | 0.94 | 0.69 | 0.27 | 1.25 | (0.61) | 1.76 | 0.33 |
| EBITDA | 0.11 | 0.49 | 0.83 | 0.54 | 1.85 | 3.99 | 0.72 | 0.13 |
| EBITDA margin | +10.4% | +34.3% | +54.6% | +66.7% | +59.7% | +118.0% | +29.0% | +28.3% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.30 | 1.95 | 1.08 | 0.31 | 0.31 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.12 | 0.51 | 0.84 | 0.24 | (0.09) | 2.91 | 0.42 | (0.17) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 6.86 | 6.32 | 16.20 | 17.02 | 17.85 | 17.24 | 8.83 |
| Revenue growth | +8.5% | -61.0% | -4.8% | -4.7% | +3.5% | +95.2% | - |
| Other income | 0.03 | 0.03 | 0.04 | 0.02 | 0.02 | 0.11 | 0.27 |
| Total expenses | 3.15 | 1.53 | 16.18 | 16.62 | 18.02 | 18.04 | 8.25 |
| Employee cost | 0.00 | 0.76 | 0.34 | 0.47 | 0.41 | 0.50 | 0.31 |
| EBITDA | 3.71 | 4.79 | 0.02 | 0.40 | (0.17) | (0.80) | 0.58 |
| EBITDA margin | +54.1% | +75.8% | +0.1% | +2.4% | -1.0% | -4.6% | +6.6% |
| Depreciation | 2.25 | 2.00 | 1.94 | 1.93 | 1.62 | 1.20 | 1.19 |
| Interest | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 1.49 | 2.81 | (1.89) | (1.51) | (1.78) | (1.90) | (0.35) |
| Tax | (0.08) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 1.57 | 2.81 | (1.89) | (1.51) | (1.78) | (1.90) | (0.35) |
| Net profit margin | +22.9% | +44.5% | -11.7% | -8.9% | -10.0% | -11.0% | -4.0% |
| EPS (₹) | 2.19 | 3.91 | (2.63) | (2.09) | (2.47) | (2.64) | (0.51) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 7.19 | 7.19 | 7.19 | 7.19 | 7.19 | 7.19 | 7.19 |
| Reserves & surplus | (15.38) | (16.95) | (19.76) | (17.82) | (16.32) | (14.54) | (12.65) |
| Shareholders' funds (net worth) | (8.19) | (9.76) | (12.57) | (10.63) | (9.13) | (7.35) | (5.46) |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 1.96 | 11.84 | 16.98 | 19.96 | 19.14 | 17.35 | 20.58 |
| Total debt | 1.96 | 11.84 | 16.98 | 19.96 | 19.14 | 17.35 | 20.58 |
| Total liabilities | (6.24) | 2.08 | 4.40 | 9.32 | 10.01 | 9.99 | 15.12 |
| Assets | |||||||
| Gross block | 44.00 | 44.50 | 44.50 | 44.50 | 45.30 | 44.90 | 44.90 |
| Net block | 0.00 | 2.76 | 4.75 | 6.70 | 9.42 | 10.64 | 11.84 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 7.05 | 6.97 | 4.86 | 2.72 | 0.01 | 0.15 | 0.17 |
| Sundry debtors | 1.74 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 4.61 |
| Cash & bank balances | 0.57 | 0.32 | 0.35 | 0.04 | 0.48 | 0.28 | 0.04 |
| Loans & advances | 2.01 | 1.91 | 0.42 | 0.46 | 0.57 | 0.56 | 0.40 |
| Total current assets | 11.37 | 9.29 | 5.63 | 3.22 | 1.06 | 0.99 | 5.22 |
| Total current liabilities | 18.21 | 10.45 | 6.44 | 1.02 | 0.91 | 2.08 | 2.36 |
| Net working capital | (6.84) | (1.16) | (0.81) | 2.20 | 0.15 | (1.09) | 2.86 |
| Total assets | (6.24) | 2.08 | 4.40 | 9.32 | 10.01 | 9.99 | 15.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.79 | 0.80 | 0.47 | 0.91 | 0.71 | 0.45 | 0.65 |
| Net cash from operating activities | 9.63 | 5.10 | 3.27 | (2.09) | (1.22) | 3.47 | (0.22) |
| Net cash from investing activities | 0.53 | 0.03 | 0.04 | 0.83 | (0.38) | 0.03 | 0.03 |
| Net cash from financing activities | (9.89) | (5.14) | (2.98) | 0.82 | 1.79 | (3.23) | 0.00 |
| Net change in cash | 0.28 | (0.01) | 0.33 | (0.44) | 0.19 | 0.27 | (0.20) |
| Closing cash | 0.57 | 0.32 | 0.35 | 0.04 | 0.48 | 0.28 | 0.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +8.5% | -61.0% | -4.8% | -4.7% | +3.5% | +95.2% | - |
| EBITDA growth | -22.6% | - | -95.0% | +335.3% | +78.8% | -237.9% | - |
| PBT growth | -47.0% | +9998.0% | -25.2% | +15.2% | +6.3% | -442.9% | - |
| Net income growth | -44.1% | +248.7% | -25.2% | +15.2% | +6.3% | -442.9% | - |
| Revenue CAGR (3Y) | -26.1% | -29.3% | -2.1% | +24.5% | +2.4% | +45.2% | -35.5% |
| EBITDA CAGR (3Y) | +110.1% | - | - | -11.7% | - | +19.4% | -21.5% |
| Profitability & leverage | |||||||
| Net income margin | +22.9% | +44.5% | -11.7% | -8.9% | -10.0% | -11.0% | -4.0% |
| Return on capital employed | - | +21.7% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | -197.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.36 | -0.52 | 0.00 | -0.56 | -0.50 | -1.64 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.14 | 0.36 | 0.38 | 0.40 | 0.38 | 0.20 |
| Inventory turnover | - | 1.07 | 4.27 | 12.47 | 223.13 | 107.75 | 88.30 |
| Debtors turnover | - | 140.44 | 0.00 | 0.00 | 0.00 | 7.48 | 1.89 |
| EPS (₹) | 2.19 | 3.91 | (2.63) | (2.09) | (2.47) | (2.64) | (0.51) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | (13.59) | (17.50) | (14.81) | (12.71) | (10.24) | (7.60) |
Want more history and ratios?
You're viewing the latest exchange-filed financials for Saffron Industries Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
Board of Directors of Saffron Industries Limited
Saffron Industries has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Rameshwar Sinha | Whole-Time Director | 12 Jul 2016 | 10 Years 3 Months | Current |
| Thomas George David | Director | 10 Dec 2021 | 4 Years 10 Months | Current |
| Shriranga Vinod Maheshwari | Director | 29 Mar 2022 | 4 Years 6 Months | Current |
| Shekhar Madhav Chandle | Director | 29 Mar 2022 | 4 Years 6 Months | Current |
Peer Comparison of Saffron Industries Limited
Saffron Industries Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Paper). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saffron Industries Limited this company | ₹6.86 Cr (FY 2026) | •••• | •••• | 8.5% | •••• | Nagpur, Maharashtra, India |
| Speciality Print O Pack Private Limited | ₹6.46 Cr (FY 2020) | •••• | •••• | -18.0% | •••• | Delhi, India |
| Bedse Paper Mills Private Limited | ₹6.41 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Aurangabad, Maharashtra, India |
| Anupra Packaging Private Limited | ₹6.39 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Asr Paper Industries Limited | ₹6.37 Cr (FY 2021) | •••• | •••• | -51.0% | •••• | Chennai, Tamil Nadu, India |
| Super Deluxe Paper Mills Private Limited | ₹6.36 Cr (FY 2025) | •••• | •••• | -90.0% | •••• | Bulsar, Gujarat, India |
| Satyadeep Offset Printers Private Limited | ₹6.33 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Chandigarh Ut, Chandigarh, India |
| Rajarajeswari Paper Products Private Limited | ₹6.31 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Coimbatore, Tamil Nadu, India |
| Pranesh Packaging Private Limited | ₹6.29 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Vapi, Gujarat, India |
| Shivdhan - Sahyog Paper Private Limited | ₹6.25 Cr (FY 2024) | •••• | •••• | •••• | Nagpur, Maharashtra, India | |
| Srinivasa Paper Agencies Private Limited | ₹6.22 Cr (FY 2023) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Saffron Industries by revenue in the Manufacturing industry (Paper), 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 Industries Limited
Saffron Industries Limited is audited by Utsav Sumit & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Utsav Sumit & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
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Verified entity values are shown only after access is granted.
Shareholding Pattern of Saffron Industries Limited
Shareholding for the quarter ended Mar 2026: promoters hold 60.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 39.40%.
Mar 2026
QUARTER
60.50% Promoters
0.10% DII (Domestic Institutional)
39.40% Retail & Others
Promoter holding - history
Now 60.50% · Mar 2026High 60.50% · Jun 2025Low 60.50% · Jun 2025
Shareholding trend - last 6 quarters
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 60.50% | 60.50% | 60.50% | 60.50% |
| Public | 39.50% | 39.50% | 39.50% | 39.50% |
Charges & Borrowings of Saffron Industries Limited
Open charges
None
Satisfied charges
₹42.78 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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
Deals & Funding of Saffron Industries Limited
Saffron Industries Limited has 11 deals on record (11 market trades); the latest was in December 2025.
Total deals
11
Market trades
11
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2025 | Market trade | ₹26.3 Lakh | Seller: an individual |
| Dec 2025 | Market trade | ₹22.4 Lakh | Buyer: an individual Seller: an individual |
| Jul 2025 | Market trade | ₹12.3 Lakh | Buyer: an individual |
| Jul 2015 | Market trade | ₹5.7 Lakh | Buyer: an individual |
| Feb 2007 | Market trade | ₹19.1 Lakh | Buyer: Tijarat Impex Private Limited |
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Full deal history
All 11 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
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- Investors, buyers and sellers
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Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Saffron Industries Limited
Saffron Industries Limited has 47 court cases on record: 18 filed by Saffron Industries, 26 filed against it, 3 where it is another party. 5 cases are pending and 42 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Total cases
47
Filed by the company
18
Filed against the company
26
Pending
5
Disposed
42
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 11 | 2 |
| District courts | 23 | 15 | 3 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Nagpur Chemicals Private Limited | Pending |
| District court, Nagpur, Maharashtra | Arbitration matter | Filed against the company by Sas Momentum Consulting LLP | Pending |
| Bombay High Court | Writ petition | Filed by the company against Western Coalfields Limited | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Indrayani Paper Products Pvt.Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Rachna Air Components Private Limited | Disposed |
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Full case history
All 47 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Industries Limited
Employment history and EPFO contributions of people linked to Saffron Industries.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Saffron Industries Limited
Saffron Industries Limited has 25 board changes on record since 1993: 15 appointments and 10 cessations. The latest: Nimish Vinod Maheshwari ceased to be Additional Director on 28 Aug 2024.
AGM
Saffron Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Saffron Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Ceased
Nimish Vinod Maheshwari ceased to be Additional Director.
Ceased
Vinod Ramgopal Maheshwari ceased to be Director.
Appointed
Anil Bajpai was appointed as CFO.
Appointed
Shekhar Madhav Chandle was appointed as Director.
Appointed
Shriranga Vinod Maheshwari was appointed as Director.
Appointed
Thomas George David was appointed as Director.
Ceased
Achalla Pandurang Srinivas ceased to be Director.
Ceased
Shrikant Chandrashekhar Rikhe ceased to be Company Secretary.
Ceased
Manjulika Bajpai ceased to be Director.
Appointed
Shrikant Chandrashekhar Rikhe was appointed as Company Secretary.
43 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Saffron Industries Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Saffron Industries Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Saffron Industries Limited
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Corporate group structure
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GST Compliance of Saffron Industries Limited
Saffron Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM3580B1ZS | Maharashtra | Active | 01 Jul 2017 |
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GST registrations and filing compliance
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MCA Filings & Documents of Saffron Industries Limited
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MCA filings and documents
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Related news about Saffron Industries Limited
Frequently Asked Questions about Saffron Industries Limited
Saffron Industries is an active public limited company based in Nagpur, Maharashtra, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 20 April 1993 (33+ years old) and is registered under CIN L21010MH1993PLC071683. Listed on BSE: 531436.
Saffron Industries reported revenue of ₹6.86 Cr for FY 2025-26 (up 8.5% YoY) based on standalone financials.
Saffron Industries has 4 current directors:
- Manoj Rameshwar Sinha - Whole-Time Director
- Thomas George David - Director
- Shriranga Vinod Maheshwari - Director
- Shekhar Madhav Chandle - Director
The GSTIN of Saffron Industries is 27AABCM3580B1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Saffron Industries is L21010MH1993PLC071683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Saffron Industries is listed on BSE with code 531436.
Saffron Industries has 47 court cases on record: 18 filed by the company and 26 filed against it. 5 are pending. Most are in the high courts.
Saffron Industries was incorporated on 20 April 1993, making it 33+ years old. It is registered with the Registrar of Companies, Nagpur.
Saffron Industries has 11 deals on record (11 market trades); the latest was in December 2025.
The peers of Saffron Industries by revenue are Speciality Print O Pack Private Limited, Bedse Paper Mills Private Limited, Anupra Packaging Private Limited, Asr Paper Industries Limited, Super Deluxe Paper Mills Private Limited and 5 more, all in the Manufacturing industry (Paper).
Nimish Vinod Maheshwari ceased to be Additional Director on 28 Aug 2024. Vinod Ramgopal Maheshwari ceased to be Director on 12 Aug 2024. Anil Bajpai was appointed as CFO on 28 Feb 2024. Saffron Industries has 25 board changes on record in total.