MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-28-0044096
Saphire Cover Makers Private Limited
Saphire Cover Makers Private Limited - packaging in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹52.06 Lakh
▲ 2065% YoY
Net loss · FY 2025
₹3.54 Lakh
Net margin -6.8%
EBITDA · FY 2025
-₹2.71 Lakh
EBITDA margin -5.2%
Authorised capital
₹13.5 Lakh
Registered with MCA
Paid-up capital
₹13.4 Lakh
Issued & subscribed
Open charges
₹17.86 Cr
Satisfied ₹17.5 Cr
Company age
19 yrs
Est. 2007
Directors on board
3
As per MCA filings
About Saphire Cover Makers Private Limited
Data last updated:
Saphire Cover Makers Private Limited is a private limited company based in Delhi, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 30 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2007PTC161435. Its GSTIN is 09AAMCS8711M1ZN (Uttar Pradesh).
The company has an authorised share capital of ₹13.5 Lakh and a paid-up capital of ₹13.4 Lakh. It is led by directors including Kanchan Mangal and Ritu Bansal.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 13 First Floor Madhu Vihar, Near Singla Sweets, Delhi, India – 110092.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.06 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.54 Lakh (net margin -6.8%) and EBITDA of -₹2.71 Lakh (EBITDA margin -5.2%). Revenue has grown at a compounded annual rate (CAGR) of 144% over three years and 71% over five years.
As per MCA filings, the company has open charges of ₹17.86 Cr and satisfied charges of ₹17.5 Cr on record.
Saphire Cover Makers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0044096). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999DL2007PTC161435
Registration Number 161435
Incorporation Date 30 March 2007
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0044096
Recognitions & Rankings of Saphire Cover Makers
Contact details
Saphire Cover Makers Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 13 First Floor Madhu Vihar, Near Singla Sweets, Delhi, India – 110092
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Saphire Cover Makers Private Limited, buy the company report.
Comprehensive company report
Saphire Cover Makers 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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Financials of Saphire Cover Makers Private Limited
FY 2025 filings availableSaphire Cover Makers Private Limited reported revenue of ₹52.06 Lakh (up 2065% YoY) for FY 2025.
Revenue · FY 2025
₹52.06 Lakh ▲ 2065%
Net loss · FY 2025
₹3.54 Lakh margin -6.8%
EBITDA · FY 2025
-₹2.71 Lakh margin -5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 144%
5 years · compounded
▲ 71%
EBITDA CAGR growth
5 years · compounded
▼ 34%
Revenue has grown at a compounded annual rate (CAGR) of 71% over five years. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.54 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.2% | ||||
| Net Profit Margin | -6.8% | ||||
| 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 Saphire Cover Makers Private Limited, buy the company report.
Board of directors of Saphire Cover Makers Private Limited
Saphire Cover Makers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanchan Mangal Also directs: M4 Education LLP, Omen Publishing House Private Limited, Ashlar Commodities Private Limited and 2 more | Director | 02 Apr 2025 | 1 Years 7 Months | Current |
| Ritu Bansal Also directs: Marvella Agrifarms LLP, Sixteen Street Private Limited, Earth Genesis Private Limited and 4 more | Director | 17 Jul 2017 | 9 Years 3 Months | Current |
| Bharat Bansal Also directs: Ashlar Commodities Private Limited, Marvella Agrifarms LLP, Earth Genesis Private Limited and 5 more | Director | 17 Apr 2010 | 16 Years 6 Months | Current |
Peer comparison
Saphire Cover Makers Private Limited is compared with the 10 companies closest to it by revenue in the Packaging industry (Industrial Packaging), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Subhi Texpack Private Limited | ₹53.18 Lakh (FY 2025) | 74.0% | Bhilwara, Rajasthan, India | |||
| Eskay Flexible Packaging Industries Pvt Ltd | ₹53.05 Lakh (FY 2024) | -42.0% | Mumbai, Maharashtra, India | |||
| Nestpack Private Limited | ₹52.75 Lakh (FY 2024) | 211.0% | Bangalore, Karnataka, India | |||
| Monoplyy Packaging Industries Private Limited | ₹52.43 Lakh (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Kozopapers Private Limited | ₹52.27 Lakh (FY 2022) | -69.0% | Bhiwandi, Maharashtra, India | |||
| Saphire Cover Makers Private Limitedthis company | ₹52.06 Lakh (FY 2025) | -₹3.54 Lakh | -6.8% | 2065.0% | Delhi, India | |
| Euro Frost India Private Limited | ₹52.02 Lakh (FY 2025) | 14.0% | Gurugram, Haryana, India | |||
| Superstick India Private Limited | ₹51.77 Lakh (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| S M Corrugators Private Limited | ₹51.66 Lakh (FY 2024) | 52.0% | Vadodara, Gujarat, India | |||
| Techound Packaging Private Limited | ₹51.46 Lakh (FY 2022) | -21.0% | Thane, Maharashtra, India | |||
| Nas Packaging Pvt Ltd | ₹51.32 Lakh (FY 2025) | 3.0% | Vithal Udyognagar, Gujarat, India |
To see the full peer comparison of Saphire Cover Makers Private Limited, buy the company report.
Auditor
Saphire Cover Makers Private Limited is audited by GAGAN JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAGAN JAIN & ASSOCIATES | FY 2023 | 020462C |
Shareholding
The shareholding of Saphire Cover Makers 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 Saphire Cover Makers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.86 Cr
Satisfied charges
₹17.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 May 2025 | 101105592 | Others | ₹10.11 Cr | Open | |
| 19 Jan 2024 | 100851907 | Others | ₹2.5 Cr | Open | |
| 30 Nov 2022 | 100650826 | Others | ₹5.25 Cr | Open | |
| 22 Feb 2012 | 10340718 | Hdfc Bank Limited | ₹17.5 Cr | Satisfied |
To see the full charge records of Saphire Cover Makers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Saphire Cover Makers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saphire Cover Makers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saphire Cover Makers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAMCS8711M1ZN | Uttar Pradesh | Active | 25 Jul 2024 |
To see the full GST registrations and return filing status of Saphire Cover Makers Private Limited, buy the company report.
Recent activity
Saphire Cover Makers Private Limited has 8 board changes on record since 2010: 3 appointments and 5 cessations. The latest: Kanchan Mangal was appointed as Director on 02 Apr 2025.
AGM
Saphire Cover Makers Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1,011.00 Lakh with Charge ID 101105592 was registered on 12 May 2025.
Appointed
Kanchan Mangal was appointed as Director.
Filing
Saphire Cover Makers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 100851907 was registered on 19 Jan 2024.
Charges
A charge registered on 22 Feb 2012 via Charge ID 10340718 with Hdfc Bank Limited was fully satisfied on 01 Dec 2022.
Charges
A charge with Others amounted to Rs. 525.00 Lakh with Charge ID 100650826 was registered on 30 Nov 2022.
Ceased
Ramladaite ceased to be Director.
Ceased
Sheela Devi ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 1,750.00 Lakh registered on 22 Feb 2012 with Charge ID 10340718 was modified on 16 Oct 2020.
Ceased
Ritu Bansal ceased to be Additional Director.
Appointed
Ritu Bansal was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Saphire Cover Makers is an active private limited company based in Delhi, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 30 March 2007 (19+ years old) and is registered under CIN U74999DL2007PTC161435.
Saphire Cover Makers has 3 current directors:
- Kanchan Mangal - Director
- Ritu Bansal - Director
- Bharat Bansal - Director
The latest financial statements of Saphire Cover Makers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Saphire Cover Makers is 09AAMCS8711M1ZN, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Saphire Cover Makers is U74999DL2007PTC161435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saphire Cover Makers was incorporated on 30 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Saphire Cover Makers by revenue are Subhi Texpack Private Limited, Eskay Flexible Packaging Industries Pvt Ltd, Nestpack Private Limited, Monoplyy Packaging Industries Private Limited, Kozopapers Private Limited and 5 more, all in the Packaging industry (Industrial Packaging).
Kanchan Mangal was appointed as Director on 02 Apr 2025. Ramladaite ceased to be Director on 22 Mar 2021. Sheela Devi ceased to be Director on 22 Mar 2021. Saphire Cover Makers has 8 board changes on record in total.
Yes, Saphire Cover Makers is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0044096).
The registered office of Saphire Cover Makers is at E – 13 First Floor Madhu Vihar, Near Singla Sweets, Delhi, India – 110092.
Saphire Cover Makers operates in the packaging industry, in the industrial packaging solutions segment.
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