Saffron Resources Private Limited

Saffron Resources Private Limited - metals and minerals in Sadar, Odisha, India. FY 2026 financials & compliance.
CIN U10100OR2014PTC018285 Incorporated 16 September 2014 ROC Cuttack HQ Sadar, Odisha, India
Active Private Limited Company metals and minerals MSME · Micro
Revenue · FY 2024
₹16.66 Lakh
▼ 92% YoY
Net loss · FY 2024
₹16.6 Lakh
Net margin -99.7%
EBITDA · FY 2024
-₹8.99 Lakh
EBITDA margin -54%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Satisfied charges
₹16.75 Cr
No open charges
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings

About Saffron Resources Private Limited

Data last updated:

Saffron Resources Private Limited is a private limited company based in Sadar, Odisha, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 16 September 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U10100OR2014PTC018285. Its GSTIN is 21AAUCS9409A1ZD (Odisha). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Umesh Rai and Nitin Manohar Kale.

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 Sadar, Odisha.

As per the financials filed for FY 2024, the company reported a revenue of ₹16.66 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹16.6 Lakh (net margin -99.7%) and EBITDA of -₹8.99 Lakh (EBITDA margin -54%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 68% over five years.

As per MCA filings, the company has satisfied charges of ₹16.75 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 1 case is pending.

Saffron Resources Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-14-0001248). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U10100OR2014PTC018285
Registration Number 018285
Incorporation Date 16 September 2014
ROC Cuttack
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-OD-14-0001248
Key People
Umesh Rai Director Nitin Manohar Kale Director Pavan Shiv Narayan Mittal Director

Recognitions & Rankings of Saffron Resources

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-OD-14-0001248

Contact details

Saffron Resources Private Limited's registered office is in Sadar, Odisha. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Plot No.866/8766 Subhasree Vihar, Behind Sbi Regional Office Ainthapali, Sadar, Odisha, India – 768004
  • Industry
    Metals and Minerals, Materials Retail & Distribution

To see the full contact details of Saffron Resources Private Limited, buy the company report.

Comprehensive company report
Saffron Resources 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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Secure checkout · GST invoice included

Business activity

The main business activity of Saffron Resources is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

Financials of Saffron Resources Private Limited

FY 2025 filings available

Saffron Resources Private Limited reported revenue of ₹16.66 Lakh (down 92% YoY) for FY 2024.

Revenue · FY 2024
₹16.66 Lakh ▼ 92%
Net loss · FY 2024
₹16.6 Lakh margin -99.7%
EBITDA · FY 2024
-₹8.99 Lakh margin -54%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 92%
3 years · compounded
▼ 81%
5 years · compounded
▼ 68%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▼ 28%
5 years · compounded
▼ 16%

Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 92% fall in the latest year. EBITDA rose 62% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹8.99 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹16.6 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-54%
Net Profit Margin-99.7%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Resources Private Limited, buy the company report.

Board of directors of Saffron Resources Private Limited

Saffron Resources has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Umesh Rai
Also directs: JSW Realty & Infrastructure Private Limited, JSW Jfe Kalinga Steel Limited, JSW Jfe Steel Limited
Director03 Dec 20250 Years 11 MonthsCurrent
Nitin Manohar KaleDirector03 Dec 20250 Years 11 MonthsCurrent
Pavan Shiv Narayan MittalDirector03 Dec 20250 Years 11 MonthsCurrent
View all directors

Auditor

Saffron Resources Private Limited is audited by S T A S & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S T A S & ASSOCIATESFY 2023331809E

Shareholding

The shareholding of Saffron Resources Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Saffron Resources Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹16.75 Cr
Breakdown by lending institutions
Axis Bank Limited₹10.00 Cr
Punjab National Bank₹6.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Sep 2017100132262Axis Bank Limited₹10 CrSatisfied
08 Feb 201610623637Punjab National Bank₹6.75 CrSatisfied

To see the full charge records of Saffron Resources Private Limited, buy the company report.

Total charge records: 2 View all charges

Credit ratings & regulatory alerts

Saffron Resources Private Limited was last rated by Crisil on 15 Dec 2020.

Rating agencyRated onRating
Crisil15 Dec 2020

To see the full credit ratings and regulatory alerts of Saffron Resources Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Saffron Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Saffron Resources has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
21AAUCS9409A1ZDOdishaActive01 Jul 2017
22AAUCS9409A1ZBChhattisgarhActive01 Jul 2017

To see the full GST registrations and return filing status of Saffron Resources Private Limited, buy the company report.

Recent activity

Saffron Resources Private Limited has 9 board changes on record since 2014: 6 appointments and 3 cessations. The latest: Amit Singhal ceased to be Director on 03 Dec 2025.

Ceased
Amit Singhal ceased to be Director.
Appointed
Nitin Manohar Kale was appointed as Director.
Appointed
Pavan Shiv Narayan Mittal was appointed as Director.
Ceased
Sourav Agrawal ceased to be Director.
Appointed
Umesh Rai was appointed as Director.
AGM
Saffron Resources Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Saffron Resources Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge registered on 06 Sep 2017 via Charge ID 100132262 with Axis Bank Limited was fully satisfied on 03 May 2024.
Ceased
Gaurav Agrawal ceased to be Director.
Charges
A charge registered on 08 Feb 2016 via Charge ID 10623637 with Punjab National Bank was fully satisfied on 31 Oct 2017.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100132262 was registered on 06 Sep 2017.
Charges
A charge with Punjab National Bank amounted to Rs. 6.75 Cr with Charge ID 10623637 was registered on 08 Feb 2016.

4 earlier events are in the company report.

Frequently asked questions

Saffron Resources is an active private limited company based in Sadar, Odisha, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 16 September 2014 (12+ years old) and is registered under CIN U10100OR2014PTC018285.

Saffron Resources has 3 current directors:

The latest financial statements of Saffron Resources 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 Resources is 21AAUCS9409A1ZD, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 22AAUCS9409A1ZB (Chhattisgarh).

The CIN (Corporate Identification Number) of Saffron Resources is U10100OR2014PTC018285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Saffron Resources has 10 court cases on record: 2 filed by the company and 8 filed against it. 1 is pending. Most are in the high courts.

Saffron Resources was incorporated on 16 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Cuttack.

Amit Singhal ceased to be Director on 03 Dec 2025. Nitin Manohar Kale was appointed as Director on 03 Dec 2025. Pavan Shiv Narayan Mittal was appointed as Director on 03 Dec 2025. Saffron Resources has 9 board changes on record in total.

Yes, Saffron Resources is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-14-0001248).

The registered office of Saffron Resources is at Plot No.8668766 Subhasree Vihar, Behind Sbi Regional Office Ainthapali, Sadar, Odisha, India – 768004.