MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0021012
Saffron Power Innovations Private Limited - consumer electronics & durables in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.91 Cr
▼ 16% YoY
Net profit · FY 2024
₹5.97 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹21.83 Lakh
EBITDA margin 2.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹2.04 Cr
No open charges
Company age
14 yrs
Est. 2012
Employees · EPFO
27
Provident fund records
About Saffron Power Innovations Private Limited
Data last updated:
Saffron Power Innovations Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 10 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31907MH2012PTC237833. Its GSTIN is 27AASCS3938E1ZX (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vijay Ramdas Attarde (Managing Director) and Archana Vijay Attarde.
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 Plot W – 241 A Ttc Industrial Area Rabale MIDC, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.91 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹5.97 Lakh (net margin 0.8%) and EBITDA of ₹21.83 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Saffron Power Innovations. As per MCA filings, the company has satisfied charges of ₹2.04 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Saffron Power Innovations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0021012). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saffronin.com.
Company details
CIN U31907MH2012PTC237833
Registration Number 237833
Incorporation Date 10 November 2012
ROC Mumbai
Listing Status Unlisted
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-33-0021012
Recognitions & Rankings of Saffron Power Innovations
Contact details
Saffron Power Innovations Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is saffronin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot W – 241 A Ttc Industrial Area Rabale MIDC, Navi Mumbai, Maharashtra, India – 400701
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Saffron Power Innovations Private Limited, buy the company report.
Comprehensive company report
Saffron Power Innovations Private Limited - one report that includes everything
- 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
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Brands
Saffron Power Innovations operates one associated brand: Saffron Power Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of SMPS, LED drivers, and lighting products in India. | saffronin.com |
Business activity
The main business activity of Saffron Power Innovations is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Saffron Power Innovations Private Limited, buy the company report.
Financials of Saffron Power Innovations Private Limited
FY 2025 filings availableSaffron Power Innovations Private Limited reported revenue of ₹7.91 Cr (down 16% YoY) for FY 2024.
Revenue · FY 2024
₹7.91 Cr ▼ 16%
Net profit · FY 2024
₹5.97 Lakh margin 0.8%
EBITDA · FY 2024
₹21.83 Lakh margin 2.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 30%
5 years · compounded
▼ 27%
Revenue fell 16% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 85% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹21.83 Lakh | ||||
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| Net Profit (PAT) | ₹5.97 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Saffron Power Innovations Private Limited, buy the company report.
Board of directors of Saffron Power Innovations Private Limited
Saffron Power Innovations has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Archana Vijay Attarde | Director | 10 Nov 2012 | 13 Years 11 Months | Current |
| Vijay Ramdas Attarde | Managing Director | 10 Nov 2012 | 13 Years 11 Months | Current |
Peer comparison
Saffron Power Innovations Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prashant Electricals Limited | ₹7.95 Cr (FY 2025) | -50.0% | Boisar, Maharashtra, India | |||
| Hansa Green Technology Private Limited | ₹7.95 Cr (FY 2025) | 168.0% | Nanguneri, Tamil Nadu, India | |||
| Saffron Power Innovations Private Limitedthis company | ₹7.91 Cr (FY 2024) | ₹5.97 Lakh | 0.8% | -16.0% | 27 | Navi Mumbai, Maharashtra, India |
| Powernet Solutions Private Limited | ₹7.9 Cr (FY 2024) | -9.0% | Bangalore, Karnataka, India | |||
| Trayam Consultancy Services Private Limited | ₹7.89 Cr (FY 2025) | -28.0% | Mangalore, Karnataka, India |
To see the full peer comparison of Saffron Power Innovations Private Limited, buy the company report.
Auditor
Saffron Power Innovations Private Limited is audited by SANJAY B VORA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY B VORA & CO | FY 2020 | 109151W |
Shareholding
The shareholding of Saffron Power Innovations Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Saffron Power Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹2.04 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2018 | 100185135 | Tjsb Sahakari Bank Limited | ₹2.04 Cr | Satisfied |
To see the full charge records of Saffron Power Innovations Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Saffron Power Innovations Private Limited has 1 court case on record: 1 filed by Saffron Power Innovations. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Saffron Power Innovations 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 Power Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saffron Power Innovations Private Limited has a workforce of 27 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
27
Active EPFO establishments
1
Employee growth
3.85%
GST
Saffron Power Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCS3938E1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saffron Power Innovations Private Limited, buy the company report.
Recent activity
Saffron Power Innovations Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Archana Vijay Attarde was appointed as Director on 10 Nov 2012.
AGM
Saffron Power Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Saffron Power Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge registered on 30 May 2018 via Charge ID 100185135 with Tjsb Sahakari Bank Limited was fully satisfied on 30 Dec 2021.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 204.00 Lakh with Charge ID 100185135 was registered on 30 May 2018.
Appointed
Archana Vijay Attarde was appointed as Director.
Appointed
Vijay Ramdas Attarde was appointed as Managing Director.
Incorporation
10 Nov 2012
Saffron Power Innovations Private Limited was registered on 10 Nov 2012 with Roc Mumbai Ii & aged 13 years 11 months as per MCA records.
Frequently asked questions
Saffron Power Innovations is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 10 November 2012 (14+ years old) and is registered under CIN U31907MH2012PTC237833.
Saffron Power Innovations has 2 current directors:
- Vijay Ramdas Attarde - Managing Director
- Archana Vijay Attarde - Director
The latest financial statements of Saffron Power Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Saffron Power Innovations is 27AASCS3938E1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Saffron Power Innovations is U31907MH2012PTC237833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saffron Power Innovations has 1 court case on record: 1 filed by the company.
Saffron Power Innovations was incorporated on 10 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Saffron Power Innovations by revenue are Prashant Electricals Limited, Hansa Green Technology Private Limited, Powernet Solutions Private Limited, Trayam Consultancy Services Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Archana Vijay Attarde was appointed as Director on 10 Nov 2012. Vijay Ramdas Attarde was appointed as Managing Director on 10 Nov 2012.
Yes, Saffron Power Innovations is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0021012).
Saffron Power Innovations can be reached through the website saffronin.com. Its registered office is in Navi Mumbai, Maharashtra, India.