Sapphire Blue Industries Private Limited
About Sapphire Blue Industries Private Limited
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Sapphire Blue Industries Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 27 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74120UP2014PTC065704. Its GSTIN is 09AAZCS1277P1Z5 (Uttar Pradesh).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Shubhashish Shah and Sharmila Shah.
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 K – 47/1 Katuapura Visheshwarganj, Varanasi, Uttar Pradesh, India – 221001.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.79 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹40.87 Lakh (net margin 2.3%) and EBITDA of ₹1.92 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 24% over five years.
The company is associated with 1 brand: Saphire Blue. As per MCA filings, the company has open charges of ₹17.98 Cr on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹38.9 Lakh; the latest was in March 2019. Its 5 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Packaid Ecopack Private Limited with revenue of ₹17.94 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sapphire Blue Industries Private Limited's registered office is in Varanasi, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressK – 47/1 Katuapura Visheshwarganj, Varanasi, Uttar Pradesh, India – 221001
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Sapphire Blue Industries 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
Sapphire Blue Industries operates one associated brand: Saphire Blue. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces automotive lubricants, coolants, and fluids with private labeling services. | sbicool.store |
Business activity
The main business activity of Sapphire Blue Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Sapphire Blue Industries Private Limited, buy the company report.
Financials of Sapphire Blue Industries Private Limited
FY 2024 filings availableSapphire Blue Industries Private Limited reported revenue of ₹17.79 Cr (down 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA rose 22% 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 | ₹1.92 Cr | ||||
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| Net Profit (PAT) | ₹40.87 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 | 10.8% | ||||
| Net Profit Margin | 2.3% | ||||
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To see the full financial statements and ratios of Sapphire Blue Industries Private Limited, buy the company report.
Board of directors of Sapphire Blue Industries Private Limited
Sapphire Blue Industries has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubhashish Shah | Director | 31 Jul 2021 | 5 Years 3 Months | Current |
| Sharmila Shah | Director | 27 Aug 2014 | 12 Years 2 Months | Current |
| Devashish Shah | Director | 12 May 2017 | 9 Years 5 Months | Current |
| Ashish Kumar Shah | Director | 27 Aug 2014 | 12 Years 2 Months | Current |
Peer comparison
Sapphire Blue Industries Private Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Packaid Ecopack Private Limited | ₹17.94 Cr (FY 2025) | 35.0% | Vadodara, Gujarat, India | |||
| Ramkishan Packaging Private Limited | ₹17.82 Cr (FY 2025) | 35.0% | Dankuni, West Bengal, India | |||
| Sapphire Blue Industries Private Limitedthis company | ₹17.79 Cr (FY 2024) | ₹40.87 Lakh | 2.3% | -32.0% | Varanasi, Uttar Pradesh, India | |
| Mahesh Polymers Private Limited | ₹17.73 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| NX Pack Private Limited | ₹17.73 Cr (FY 2025) | -7.0% | Chikhli, Gujarat, India | |||
| Neo Stik Tapes Private Limited | ₹17.7 Cr (FY 2024) | 53.0% | Nelamangala, Karnataka, India |
To see the full peer comparison of Sapphire Blue Industries Private Limited, buy the company report.
Auditor
Sapphire Blue Industries Private Limited is audited by Gupta S. Kumar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta S. Kumar & Co. | FY 2023 | 006641C |
Shareholding
The shareholding of Sapphire Blue Industries 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 Sapphire Blue Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Aug 2023 | 100786712 | Others | ₹11.5 Cr | Open | |
| 06 Jan 2022 | 100540016 | Others | ₹51 Lakh | Open | |
| 18 Aug 2020 | 100363653 | Others | ₹2.82 Cr | Open | |
| 04 Apr 2018 | 100168915 | Others | ₹3.15 Cr | Open |
To see the full charge records of Sapphire Blue Industries Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Sapphire Blue Industries Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹38.9 Lakh; the latest was in March 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Funding round | ₹38.9 Lakh | Investors: 3 individuals |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Sapphire Blue Industries 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 Sapphire Blue Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sapphire Blue Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAZCS1277P1Z5 | Uttar Pradesh | Active | 08 Feb 2018 |
To see the full GST registrations and return filing status of Sapphire Blue Industries Private Limited, buy the company report.
Recent activity
Sapphire Blue Industries Private Limited has 7 board changes on record since 2014: 4 appointments and 3 cessations. The latest: Shubhashish Shah was appointed as Director on 31 Jul 2021.
4 earlier events are in the company report.
Frequently asked questions
Sapphire Blue Industries is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 27 August 2014 (12+ years old) and is registered under CIN U74120UP2014PTC065704.
Sapphire Blue Industries has 4 current directors:
- Shubhashish Shah - Director
- Sharmila Shah - Director
- Devashish Shah - Director
- Ashish Kumar Shah - Director
The latest financial statements of Sapphire Blue Industries 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 Sapphire Blue Industries is 09AAZCS1277P1Z5, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Sapphire Blue Industries is U74120UP2014PTC065704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sapphire Blue Industries was incorporated on 27 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Kanpur.
Sapphire Blue Industries has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹38.9 Lakh; the latest was in March 2019.
The peers of Sapphire Blue Industries by revenue are Packaid Ecopack Private Limited, Ramkishan Packaging Private Limited, Mahesh Polymers Private Limited, NX Pack Private Limited, Neo Stik Tapes Private Limited, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Shubhashish Shah was appointed as Director on 31 Jul 2021. Rajendra Shanker Shah ceased to be Director on 30 Nov 2020. Ashwani Kumar Shah ceased to be Director on 12 May 2017. Sapphire Blue Industries has 7 board changes on record in total.
The registered office of Sapphire Blue Industries is at K – 471 Katuapura Visheshwarganj, Varanasi, Uttar Pradesh, India – 221001.
Sapphire Blue Industries operates in the packaging industry, in the industrial packaging solutions segment.
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