Is Saffron Industries Ltd (531436) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Saffron Industries Ltd is a below average quality company .

Is Saffron Industries Ltd (531436) undervalued or overvalued?

The key valuation ratios of Saffron Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Saffron Industries Ltd (531436) share price return in the past 10 years?

Saffron Industries Ltd share price has appreciated 16.1% annually (CAGR) over the past ten years.

Is Saffron Industries Ltd (531436) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Saffron Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Saffron Industries Ltd (531436)?

Company share prices are keep on changing according to the market conditions. The current trading price of Saffron Industries Ltd (531436) on 17-Apr-2026 16:59:59 at 16:59 is 31.24.

What is the P/E ratio of Saffron Industries?

The latest standalone P/E ratio of Saffron Industries as of 17-Apr-2026 is 5.76.

What is the P/B ratio of Saffron Industries Ltd (531436)?

The latest standalone P/B ratio of Saffron Industries Ltd (531436) as of 17-Apr-2026 is -2.56.

What is the 52-week high and low of Saffron Industries Ltd (531436)?

The 52-week high of Saffron Industries Ltd (531436) is Rs. 104.13 and the 52-week low is Rs. 5.90.

Saffron Industries Ltd (531436) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Saffron Industries Ltd (531436)
Brand: Saffron Industries

Saffron Industries Ltd (531436) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Saffron Industries Ltd (531436)

BSE: 531436 NSE:

Key Metrics

Market Cap

₹22 Cr.

P/E Ratio

5.76

Price to Book (P/B)

-2.56

Price to Sales (P/S)

2.55

EV/EBITDA

3.38

Return on Capital Employed (ROCE)

86.93%

Current Price

₹31.2

Return on Equity (ROE)

0.00%

Return on Assets (ROA)

24.04%

Operating Profit Margin

75.7%

Net Profit Margin

44.43%

Gross Profit Margin

76%

Book Value per Share

₹-12.2

Sales Growth (YoY)

-60.99%

Sales Growth (3 Years)

-29.26%

Operating Profit Growth (1 Year)

23800%

Operating Profit Growth (3 Years)

N/A%

Net Profit Growth (1 Year)

NA%

52-Week Low / High

₹6 / 104

Net Profit Growth (3 Years)

N/A%

Dividend Yield

0.00%

Promoter Holding

60.49%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Saffron Industries Ltd?

Saffron Industries Ltd revenue growth is -61% for FY-2025 , which is below its 5 year CAGR of -6.5% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Saffron Industries Ltd?

Promoters hold 60.49% of the Saffron Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Saffron Industries Ltd vs industry peers?

Saffron Industries Ltd revenue CAGR is -6.47% , compared to the industry median CAGR of 5.29% , indicating slower growth and losing its market share.

Q.1 Which industry/sub-sector does Saffron Industries Ltd belong to?

Saffron Industries Ltd belongs to the Paper & Stationary sector, operating specifically within the Paper & Paper Products segment.

Q.1 Stock return of Saffron Industries Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 16.1% based on the current price.

DeciZen - make an informed investing decision on Saffron Industries

Based on:

Data

M-Cap below 100cr DeciZen not available

Saffron Industries stock performance

Key Ratios

Is Saffron Industries Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	7.3%	2.5%	-10.3%	8%	-2.3%	-15.1%	-17.7%	-15.5%	-27.5%	86.9%	-
Value Creation Index ⓘ	-0.5	-0.8	NA	-0.4	NA	NA	NA	NA	NA	5.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	36.8	32.9	5.6	16.6	8.8	17.2	17.9	17	16.2	6.3	9
Sales YoY Gr.	-	-10.6%	-82.9%	195.2%	-46.9%	95.2%	3.5%	-4.7%	-4.8%	-61%	-
Adj EPS ⓘ	1.6	0.6	-2.4	1.6	-0.5	-2.6	-2.5	-2.1	-2.6	3.9	5.4
YoY Gr.	-	-66.1%	-536.4%	NA	-131.9%	NA	NA	NA	NA	NA	-
BVPS (₹) ⓘ	-6.8	-6.2	-8.7	-7.1	-7.6	-10.2	-12.7	-14.8	-17.5	-13.6	-12.2
Adj Net Profit ⓘ	1.2	0.4	-1.7	1.2	-0.4	-1.9	-1.8	-1.5	-1.9	2.8	4
Cash Flow from Ops. ⓘ	2.2	-0.6	0	-0.4	-0.2	3.5	-1.2	-2.1	3.3	5.1	-
Debt/CF from Ops. ⓘ	9.4	-36.6	0	-54.6	-91.9	5	-15.7	-9.6	5.2	2.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-17.8%	-6.5%	-29.3%	-61%
Adj EPS ⓘ	10.3%	NA	NA	NA
BVPSⓘ	NA	NA	NA	NA
Share Price	16.1%	69.4%	84.9%	432.2%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-21.4	-8.5	32.2	-20.2	6.9	29.6	21.5	15.2	16.3	-25.1	-42
Op. Profit Mgn % ⓘ	6.8	3.6	-7.3	13.5	6.4	-4.6	-1	2.4	0.1	75.7	81.8
Net Profit Mgn % ⓘ	3.2	1.2	-30.7	6.9	-4.1	-11	-10	-8.8	-11.7	44.4	44.2
Debt to Equity ⓘ	-4.2	-4.6	-3.3	-4	-3.8	-2.4	-2.1	-1.9	-1.4	-1.2	-
Working Cap Days ⓘ	87	100	537	140	230	71	22	50	105	438	773
Cash Conv. Cycle ⓘ	-63	-71	-96	-17	114	20	-20	21	61	161	-304

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	5.4	-
TTM Sales (₹ Cr.)	8.8	-
BVPS (₹) ⓘ	-12.2	-
Reserves (₹ Cr.) ⓘ	-16	-
P/BV ⓘ	-2.56	-
PE ⓘ	5.76	-

From the Market
52 Week Low / High (₹)	5.90 / 104.13
All Time Low / High (₹)	1.50 / 104.13
Market Cap (₹ Cr.)	22.5
Equity (₹ Cr.)	7.2
Face Value (₹)	10
Industry PE ⓘ	20.8

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Saffron Industries - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	36.81	32.91	5.63	16.62	8.83	17.24	17.85	17.02	16.20	6.32
Operating Expenses ⓘ +	34.39	31.73	6.09	14.38	8.26	18.04	18.03	16.61	16.18	1.54
Manufacturing Costs	10.68	7.65	1.75	3.66	2.31	2.12	1.65	3.87	3.13	2.72
Material Costs	20.79	21.85	3.45	7.84	5.38	15.24	15.71	11.95	12.54	-2.11
Employee Cost	1.36	1.29	0.66	0.77	0.31	0.50	0.41	0.47	0.34	0.76
Other Costs ⓘ	1.55	0.94	0.22	2.10	0.27	0.17	0.26	0.32	0.17	0.17
Operating Profit ⓘ	2.43	1.18	-0.46	2.24	0.57	-0.80	-0.17	0.41	0.02	4.78
Operating Profit Margin (%)	6.6%	3.6%	-8.2%	13.5%	6.4%	-4.6%	-1.0%	2.4%	0.1%	75.7%
Other Income ⓘ +	0.09	0.63	0.13	0.16	0.27	0.11	0.02	0.02	0.04	0.03
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0.01	0	0.18	0.04	0.01	0.01	0.01	0	0.01	0.01
Depreciation ⓘ	1.38	1.41	1.24	1.21	1.19	1.20	1.62	1.93	1.94	2
Profit Before Tax ⓘ	1.12	0.40	-1.75	1.15	-0.36	-1.90	-1.78	-1.50	-1.89	2.81
Tax ⓘ	0	0	0.01	0	0	0	0	0	0	0
Profit After Tax	1.11	0.40	-1.76	1.15	-0.36	-1.90	-1.78	-1.50	-1.89	2.81
PAT Margin (%)	3.0%	1.2%	-31.3%	6.9%	-4.1%	-11.0%	-10.0%	-8.8%	-11.7%	44.4%
Adjusted EPS (₹)	1.6	0.6	-2.5	1.6	-0.5	-2.6	-2.5	-2.1	-2.6	3.9
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	-4.88	-4.48	-6.24	-5.10	-5.46	-7.36	-9.13	-10.64	-12.58	-9.77
Share Capital ⓘ	7.19	7.19	7.19	7.19	7.19	7.19	7.19	7.19	7.19	7.19
Reserves ⓘ	-12.06	-11.67	-13.43	-12.28	-12.65	-14.54	-16.32	-17.82	-19.76	-16.95
Debt +	20.58	20.58	20.58	20.58	20.58	17.35	19.14	19.96	16.98	11.84
Long Term Debt	20.58	20.58	20.58	20.58	20.58	17.35	19.14	19.96	16.98	11.84
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	12.53	11.05	6.74	2.49	1.69	1.68	0.66	0.32	1.76	1.69
Others Liabilities ⓘ	1.50	1.60	0.79	0.65	0.67	0.41	0.26	0.70	4.68	8.76
Total Liabilities ⓘ	29.73	28.76	21.87	18.63	17.48	12.08	10.92	10.35	10.84	12.53
Fixed Assets
Net Fixed Assets ⓘ +	20.10	18.59	14.52	13.04	11.85	10.65	9.43	6.69	4.75	2.76
Gross Block	52.44	52.55	46.14	44.90	44.90	44.90	45.30	44.50	44.50	44.50
Accumulated Depreciation	32.34	33.96	31.62	31.86	33.06	34.26	35.88	37.80	39.75	41.74
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	0.97	0.05	0.07	0.03	0.17	0.15	0.01	2.72	4.86	6.97
Trade Receivables	4.03	6.12	4.83	4.72	4.61	0	0	0	0	0.09
Cash Equivalents	0.68	0.85	0.12	0.06	0.04	0.28	0.48	0.04	0.35	0.32
Others Assets ⓘ	3.96	3.16	2.33	0.79	0.82	1	1.01	0.89	0.88	2.39
Total Assets ⓘ	29.73	28.76	21.87	18.63	17.48	12.08	10.92	10.35	10.84	12.53

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	2.19	-0.56	-0.38	-0.22	3.47	-1.22	-2.09	3.27	5.10
PBT ⓘ	1.11	0.40	1.15	-0.36	-1.90	-1.78	-1.50	-1.89	2.81
Adjustment ⓘ	1.58	1.58	1.37	1.17	1.18	1.59	1.90	1.86	1.97
Changes in Working Capital ⓘ	-0.51	-2.54	-2.9	-1.03	4.19	-1.04	-2.49	3.31	0.33
Tax Paid ⓘ	0	0	0	0	0	0	0	0	0
Cash Flow From Investing Activity ⓘ +	-1.23	0.90	0.38	0.03	0.03	-0.38	0.83	0.04	0.03
Capex	-1.32	-0.11	0.25	0	0	-0.40	0.81	-0.01	-0
Net Investments	0	0	0	0	0	0	0	0	0
Others ⓘ	0.09	1.01	0.13	0.03	0.03	0.02	0.02	0.04	0.03
Cash Flow From Financing Activity ⓘ +	-0.97	0.33	-0.02	-0	-3.23	1.79	0.82	-2.98	-5.14
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-0.63	0	0	-0	-3.23	1.79	0.82	-2.98	-5.14
Interest Paid ⓘ	-0	0	-0.02	0	0	0	0	0	0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0
Others ⓘ	-0.34	0.33	0	0	0	0	0	0	0
Net Cash Flow ⓘ	-0.02	0.67	-0.02	-0.20	0.27	0.19	-0.44	0.33	-0.01

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ROCE (%)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Asset Turnover Ratio	1.22	1.14	0.22	0.82	0.49	1.17	1.55	1.6	1.53	0.54
PAT to CFO Conversion(x)	1.97	-1.4	N/A	-0.33	N/A	N/A	N/A	N/A	N/A	1.81
Working Capital Days
Receivable Days	33	56	355	105	193	0	0	0	0	5
Inventory Days	22	6	4	1	4	3	2	29	85	342
Payable Days	203	197	940	215	142	40	27	15	30	-298

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Saffron Industries Ltd FAQs

The current trading price of Saffron Industries on 17-Apr-2026 16:59 is ₹31.24.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of Saffron Industries stood at ₹22.45 Cr

The latest P/E ratio of Saffron Industries as of 16-Apr-2026 is 5.76.

The latest P/B ratio of Saffron Industries as of 16-Apr-2026 is -2.56.

The 52-week high of Saffron Industries is ₹104.1 and the 52-week low is ₹5.90.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Saffron Industries is ₹8.81 ( Cr.) .

About Saffron Industries Ltd

Madhyadesh Papers (MPL) was incorporated as a public limited company on April 20, 1993 with ROC, Maharashtra at Bombay and the Certificate of Commencement of Business was obtained on October 7, 1993. The company is promoted by Ramgopal Maheshwari, Prakash Maheshwari, Vinod Maheshwari, Nimish Maheshwari, Sameer Maheshwari and their family members, owners of the well-established NavaBharat Group of Newspapers, being published in Central India. It engages in the manufacture and sale of paper products in India. The company offers various paper products, including newsprint in rolls and sheets; kraft paper; and uncoated paper rolls and sheets used for writing, printing, and graphic purposes.

The company proposes to set up a new plant for the manufacture of newsprint with an installed capacity of 15,180 tonnes per annum at Villa Manegoon, Tehsil Saoner, District Nagpur, Maharashtra. The company's plant existing is located at Nagpur.

Business areas of the company:

The company's principal activity is to manufacture printing paper. It manufactures newsprint in rolls or sheets, uncoated paper of a kind used for writing, printing or other graphic purposes in rolls or sheets.

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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
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Saffron Industries Ltd (531436) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Saffron Industries Share Price