About Safilo India Private Limited
Data last updated:
Safilo India Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Safilo International B V. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 10 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33201MH2001PTC132666. Its GSTIN is 27AAFCS4638G1Z7 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹4.2 Cr. It is led by directors including Maya Ramachandran and Mariska King.
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 Thane, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹100.26 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹1.86 Cr (net margin -1.9%) and EBITDA of -₹3.58 Cr (EBITDA margin -3.6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 3% over five years.
The company has about 67 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Safilo. Court records list 91 cases involving the company, including 81 filed by the company and 10 filed against it; 8 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in October 2014. The company has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 3 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website safilo.com.
Company details
Contact details
Safilo India Private Limited's registered office is in Thane, Maharashtra. Its website is safilo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressArihant Aura Building (B Block) 13th Floor Unit No 1304 1305 And 1306, Opposite Turbhe Railway Station Turbhe., Thane, Maharashtra, India – 400705
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Safilo India Private Limited, buy the company report.
- 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
Brands
Safilo India operates one associated brand: Safilo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Eyewear is designed and manufactured by Safilo in Italy. | safilo.com |
Financials of Safilo India Private Limited
FY 2024 filings availableSafilo India Private Limited reported revenue of ₹100.26 Cr (up 29% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 29% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹100.26 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.86 Cr | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.6% | ||||
| Net Profit Margin | -1.9% | ||||
| 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 Safilo India Private Limited, buy the company report.
Board of directors of Safilo India Private Limited
Safilo India has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maya Ramachandran | Additional Director | 17 Dec 2024 | 1 Years 10 Months | Current |
| Mariska King | Additional Director | 14 Jul 2025 | 1 Years 3 Months | Current |
| Arup Kumar Sinha | Additional Director | 05 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Safilo India Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Safilo India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Safilo India Private Limited, buy the company report.
Deals & funding
Safilo India Private Limited has 3 deals on record (3 secondary share transfers); the latest was in October 2014.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: Safilo International B.V. Seller: Lion Holding Limited |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Lion Holding Limited |
| Nov 2011 | Secondary share transfer | Undisclosed | Buyer: Lion Holding Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Safilo India Private Limited has 91 court cases on record: 81 filed by Safilo India, 10 filed against it. 8 cases are pending and 83 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 82 | 6 | 7 |
| High courts | 9 | 4 | 1 |
Cases on record (5 of 91)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Commercial suit | Filed against the company by Prozo Integrated Logistics Pvt Ltd | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against One Eye Distributor Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Optiline Eyewear Pvt. Ltd THR. Jatin Shah | Pending |
| District court, Jaipur Metro II, Rajasthan | Civil suit | Filed against the company by Ms VV Enterprises | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Novex Communications Private Limited | Disposed |
To see the full case history of Safilo India 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
Safilo India Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 3 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Mukttagiri Enterprises |
To see the full MSME payment records of Safilo India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Safilo India Private Limited has a workforce of 67 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Safilo India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS4638G1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Safilo India Private Limited, buy the company report.
Recent activity
Safilo India Private Limited has 23 board changes on record since 2009: 5 appointments and 18 cessations. The latest: Arup Kumar Sinha was appointed as Additional Director on 05 Nov 2025.
14 earlier events are in the company report.
Frequently asked questions
Safilo India is an active private limited company based in Thane, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 10 July 2001 (25+ years old) and is registered under CIN U33201MH2001PTC132666.
Safilo India has 3 current directors:
- Maya Ramachandran - Additional Director
- Mariska King - Additional Director
- Arup Kumar Sinha - Additional Director
The latest financial statements of Safilo India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Safilo India is 27AAFCS4638G1Z7, 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 Safilo India is U33201MH2001PTC132666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safilo India has 91 court cases on record: 81 filed by the company and 10 filed against it. 8 are pending. Most are in the district courts.
Safilo India was incorporated on 10 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Safilo India has 3 deals on record (3 secondary share transfers); the latest was in October 2014.
Arup Kumar Sinha was appointed as Additional Director on 05 Nov 2025. Mariska King was appointed as Additional Director on 14 Jul 2025. Maya Ramachandran was appointed as Additional Director on 17 Dec 2024. Safilo India has 23 board changes on record in total.
Safilo India has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 31 Oct 2019.
Safilo India can be reached through the website safilo.com. Its registered office is in Thane, Maharashtra, India.