MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0072870
Saffronsuites Private Limited - home & lifestyle in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹8.8 Lakh
▼ 1% YoY
Net profit · FY 2023
₹40,636
Net margin 4.6%
EBITDA · FY 2023
₹45,821
EBITDA margin 5.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹25 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Saffronsuites Private Limited
Data last updated:
Saffronsuites Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 09 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2007PTC172993. Its GSTIN is 27AALCS7649M2ZE (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deepak Laxmichand Badlani (Managing Director) and Reshma Badlani Laxmichand.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 402 Brahans Business Park Mahal Industrial Estat Off. Mahakali Caves Road Andheri (E), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.8 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹40,636 (net margin 4.6%) and EBITDA of ₹45,821 (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years.
As per MCA filings, the company has open charges of ₹25 Cr on record.
Saffronsuites Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0072870). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lrbgroup.in.
Company Details of Saffronsuites Private Limited
CIN U55101MH2007PTC172993
Registration Number 172993
Incorporation Date 09 August 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0072870
Recognitions & Rankings of Saffronsuites
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address402 Brahans Business Park Mahal Industrial Estat Off. Mahakali Caves Road Andheri (E), Mumbai, Maharashtra, India – 400093
- IndustryHome & Lifestyle, Textile Retail & Distribution
Comprehensive company report
Saffronsuites Private Limited - one report that includes everything
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Financials of Saffronsuites Private Limited FY 2024 filings available
Saffronsuites Private Limited reported revenue of ₹8.8 Lakh (down 1% YoY) for FY 2023.
Revenue · FY 2023
₹8.8 Lakh ▼ 1%
Net profit · FY 2023
₹40,636 margin 4.6%
EBITDA · FY 2023
₹45,821 margin 5.2%
Compounded Annual Growth Rate (CAGR) of Saffronsuites Private Limited
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 46%
EBITDA CAGR growth
3 years · compounded
▲ 75%
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 46%. 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 of Saffronsuites Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹8.8 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹45,821 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40,636 | •••• | •••• | •••• | •••• |
| 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 of Saffronsuites Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Saffronsuites are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Saffronsuites Private Limited
Saffronsuites has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Laxmichand Badlani Also directs: Goldkrest Lifestyles Private Limited, Goldkrest Colognes Private Limited, Goldkrest Scents Private Limited and 5 more | Managing Director | 09 Aug 2007 | 19 Years 2 Months | Current |
| Reshma Badlani Laxmichand Also directs: Goldkrest Lifestyles Private Limited, Goldkrest Colognes Private Limited, Goldkrest Scents Private Limited and 5 more | Director | 28 Apr 2010 | 16 Years 5 Months | Current |
Auditor Details of Saffronsuites Private Limited
Saffronsuites Private Limited is audited by Jignesh J. Shah for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jignesh J. Shah | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Saffronsuites Private Limited
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Charges & Borrowings of Saffronsuites Private Limited
Open charges
₹25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 May 2025 | Others | ₹25 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Saffronsuites Private Limited
Employment history and EPFO contributions of people linked to Saffronsuites.
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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 Saffronsuites Private Limited
Saffronsuites Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Lakhmichand Roopchand Badlani ceased to be Director on 15 Oct 2010.
Charges
A charge with Others amounted to Rs. 2,500.00 Lakh with Charge ID 101092994 was registered on 16 May 2025.
AGM
Saffronsuites Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Saffronsuites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Lakhmichand Roopchand Badlani ceased to be Director.
Ceased
Reshma Badlani Laxmichand ceased to be Additional Director.
Appointed
Reshma Badlani Laxmichand was appointed as Director.
Ceased
Deepak Laxmichand Badlani ceased to be Director.
Appointed
Deepak Laxmichand Badlani was appointed as Managing Director.
Incorporation
09 Aug 2007
Saffronsuites Private Limited was registered on 09 Aug 2007 with Roc Mumbai & aged 19 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Saffronsuites Private Limited
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MSME Payment Delays by Saffronsuites Private Limited
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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 Saffronsuites Private Limited
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Corporate group structure
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GST Compliance of Saffronsuites Private Limited
Saffronsuites has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCS7649M2ZE | Maharashtra | Active | 29 Mar 2023 |
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MCA Filings & Documents of Saffronsuites Private Limited
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Frequently Asked Questions about Saffronsuites Private Limited
Saffronsuites is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 09 August 2007 (19+ years old) and is registered under CIN U55101MH2007PTC172993.
Saffronsuites reported revenue of ₹8.8 Lakh for FY 2023 (down 1% YoY).
Saffronsuites has 2 current directors:
- Deepak Laxmichand Badlani - Managing Director
- Reshma Badlani Laxmichand - Director
Saffronsuites reported a net profit of ₹40,636 (net margin 4.6%) and EBITDA of ₹45,821 (EBITDA margin 5.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saffronsuites is 46% over three years. In the latest year (FY 2023) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Saffronsuites is 27AALCS7649M2ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Saffronsuites is U55101MH2007PTC172993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saffronsuites was incorporated on 09 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Lakhmichand Roopchand Badlani ceased to be Director on 15 Oct 2010. Reshma Badlani Laxmichand ceased to be Additional Director on 30 Sep 2010. Reshma Badlani Laxmichand was appointed as Director on 28 Apr 2010. Saffronsuites has 5 board changes on record in total.
Yes, Saffronsuites is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0072870).