About Saffron Industries Limited
Data last updated: 17 December 2025
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 Mumbai 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 Anil Bajpai and Shekhar Madhav Chandle.
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 the financials filed for FY 2025, the company reported a revenue of ₹6.35 Cr, a decline of 61% compared to the previous year.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressNava – Bharat Bhawan Chatrapati Square Wardha Road, Nagpur, Maharashtra, India – 440015
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IndustryManufacturing, Paper & Packaging Products
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
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 |
|---|---|---|
| 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 | ********* |
| L | Real Estate | L1 | Real estate activities with own or leased property | ********* |
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 | blur-value | blur-value | blur-value |
Board of Directors of Saffron Industries Limited
Saffron Industries Limited is currently managed by 8 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Anil Bajpai
Also directs:
Saffron Industries Limited
|
Cfo | 13 Feb 2024 | 2 Years 4 Months | Current |
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Shekhar Madhav Chandle
Also directs:
Saffron Industries Limited
|
Director | 29 Mar 2022 | 4 Years 3 Months | Current |
|
Thomas George David
Also directs:
Saffron Industries Limited
|
Director | 10 Dec 2021 | 4 Years 6 Months | Current |
|
Shriranga Vinod Maheshwari
Also directs:
Saffron Industries Limited
|
Director | 29 Mar 2022 | 4 Years 3 Months | Current |
| Manoj Rameshwar Sinha | Whole-Time Director | 12 Jul 2016 | 9 Years 11 Months | Current |
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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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 |
| 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 |
| 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 | - | - |
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.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 60.49% | 60.49% | 60.49% | 60.49% | 60.49% | 60.49% |
| Public | 39.51% | 39.51% | 39.51% | 39.51% | 39.51% | 39.51% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 60.49% | 60.49% | 60.49% |
| Public | 39.51% | 39.51% | 39.51% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Saffron Industries Limited
| 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
Employees and EPFO Compliance at Saffron Industries Limited
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Employee Count & EPFO Data of Saffron Industries Limited
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GST Compliance of Saffron Industries Limited
GSTIN & GST Filing Data of Saffron Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for Saffron Industries Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Saffron Industries Limited
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MSME Payment Delays by Saffron Industries Limited
MSME Payment Delays by Saffron Industries Limited
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Subsidiaries & Group Companies of Saffron Industries Limited
Subsidiaries & Group Companies of Saffron Industries Limited
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MCA Filings & Documents of Saffron Industries Limited
MCA Filings & Documents of Saffron Industries Limited
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Recent Activity on Saffron Industries Limited
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 ₹6.35 Cr for FY 2025 (down 61.00% YoY).
The current directors of Saffron Industries Limited are:
- Anil Bajpai
- Shekhar Madhav Chandle
- Mohita Ramsariya
- Thomas George David
- Shriranga Vinod Maheshwari
- Manoj Rameshwar Sinha
- Anil Bajpai
- Arti Murlidhar Hemnani
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.