What we do Saffron Industries Ltd, established in 1993, manufactures newsprint and uncoated paper at its Maharashtra facility with upgraded paper production and co-generation power plant. |
Founded in 1,993 |
Market share Key player in newsprint and uncoated paper manufacturing with modernized facilities and stable capacity. |
Problem solved Provides high-quality, affordable newsprint and uncoated paper supporting India's publishing and packaging industries. |
Top clients or who we serve Serves newspaper publishers, printing presses, packaging firms in B2B markets primarily within India. |
Key management Manoj Rameshwar Sinha (Whole Time Director), Shekhar Madhav Chandle (Independent Director), Thomas George David (Independent Director). |
Our journey and innovations Upgraded capacity from 15,180 TPA to 21,780 TPA; commissioned co-generation power plant in 2001; technology improvements including hot dispersion and de-inking facilities in 2004. |
Where we operate Operations focused in India, primarily Maharashtra with national sales reach. |
Top products or what we offer Newsprint and uncoated paper in various grades for publishing and packaging sectors. |
Top brands - |
Raw materials needed Wood pulp, recycled fiber, chemicals for paper processing and de-inking. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is mostly cyclical, linked to paper demand trends in media and packaging sectors. |
Our industry position Established manufacturer with modern facilities, facing competition but maintaining steady market presence. |
Financial highlights FY2024-25 revenue Rs. 6.32 crore; net profit Rs. 2.81 crore, a 248% growth over previous year. |
Geographical revenue split Primarily domestic revenue from India. |
Order book - |
Whats driving growth Improved paper demand, operational efficiency, and cost savings from cogeneration power plant driving growth. |
Our future plans Focus on capacity utilization, operational optimization; no major expansion announced yet. |
Our green promise - |
Our people and values - |
Key challenges ahead Raw material price volatility, market demand fluctuations, and competition from digital media alternatives. |
Interesting facts Renamed from Madhya Desh Papers Ltd to Saffron Industries Ltd in 2011; family promoted with legacy in media publishing. |
Risks and strategy Managing market cyclicality through cost control and technology upgrades; cautious financial management. |
