Saffron Industries Limited

BSE: SAFFRON · Paper & Paper Products · sector

₹22.34BSE close 2026-10-26

Key numbers

Market cap₹16 cr

Price₹22.34

52w high / low₹104 / ₹22

P/E9.4xSector median 13.8x

P/B–Sector median 0.6x

Book value₹-11.4

Dividend yield–Sector median 1.38%

ROE–Sector median 5.8%

ROCE–Sector median 5.9%

OPM45.4%Sector median 8.2%

Debt / equity–Sector median 0.42x

EV/EBITDA8.0xSector median 8.0x

Interest cover9.1x

Current ratio0.62x

Sales growth 3y-26.1%Sector median -4.5%

Profit growth 3y–Sector median -13.6%

PEG–

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 40 companies in Paper & Paper Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹1 cr vs borrowings ₹2 cr (FY26): borrowings are higher by ₹1 cr.
Operating profit covered interest 9.1x in the last 12 months.
Net loss in 1 of the last 6 quarters.
Other income was 2% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹22.34 on 2026-10-26: -78.5% from the 52-week high, +1.5% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹89.97 · low ₹6.00

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	3	3	1	2	1	1
EBITDA	4	2	1	1	1	0
OPM %	118.0%	59.7%	66.7%	54.6%	49.0%	10.4%
Other income	0	0	0	0	0	0
Net profit	3	-0	0	1	1	0
EPS (₹)	4.05	0.00	0.33	1.16	0.71	0.17
Revenue YoY					-57.7%	-65.8%
Profit YoY					-82.5%	–

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	18	17	16	6	7	5
EBITDA	-0	0	0	5	5	2
Net profit	-2	-2	-2	3	2	2
EPS (₹)	–	–	–	3.91	2.19	2.37
Revenue growth		-4.6%	-4.8%	-61.0%	+8.5%	–
Profit growth		–	–	–	-44.1%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	-26.1%	–	–
Net profit	–	–	–
EPS	–	–	–
Share price	–	+44.5% (2y)	-62.3%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	-10	-8
Borrowings	12	2
Cash & equivalents	0	1
Total assets	13	12
Fixed assets	3	0
Capital work in progress	0	0
Investments	0	0
Receivables	0	2
Inventory	7	7
Payables	2	6

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	5	10
Cash from investing	0	1
Cash from financing	-5	-10
Capex	0	0
Free cash flow	5	10

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	-28.8%	-19.2%
ROCE %	135.4%	-38.6%
Debtor days	5	93
Inventory days	403	375
Payable days	98	316
Cash conversion cycle (days)	310	152
Working capital days	-67	-364

Peers in Paper & Paper Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
JKPAPER	₹6,689 cr	20.2x	1.2x	5.9%	8.0%	12.9%	+3.2%	1.27%
WSTCSTPAPR	₹5,203 cr	22.6x	1.4x	6.5%	9.4%	11.5%	-4.5%	0.74%
SESHAPAPER	₹1,290 cr	13.0x	0.6x	4.9%	5.9%	6.5%	-6.3%	1.22%
ANDHRAPAP	₹1,279 cr	46.3x	0.7x	1.4%	2.4%	4.8%	-6.7%	1.56%
NRAIL	₹1,122 cr	18.1x	1.4x	7.8%	10.0%	9.7%	+6.7%	0.31%
TNPL	₹899 cr	3.4x	0.4x	11.8%	6.6%	10.6%	-3.6%	2.31%
PDMJEPAPER	₹807 cr	8.8x	1.2x	14.5%	18.3%	15.4%	+2.1%	0.71%
EMAMIPAP	₹685 cr	7.7x	1.2x	14.9%	14.7%	12.0%	-6.2%	2.12%
SATIA	₹625 cr	–	0.6x	-0.7%	3.6%	7.8%	-8.3%	0.32%
SAFFRON	₹16 cr	9.4x	–	–	–	45.4%	-26.1%	–

All 40 companies in Paper & Paper Products →

Business segments (2026-06-30)

Segment	Revenue	Share	EBIT	Margin
Segment B- Real estate devlopment	₹1 cr	99.3%	₹0 cr	10.6%
Segment A- Paper manufacturing	₹0 cr	0.7%	₹0 cr	100.0%

Documents

Links go to the original files on the exchange website.

About the company


Sector	Commodities
Industry	Paper & Paper Products
Sub-industry	Paper & Paper Products
Symbol	SAFFRON
BSE code	531436
ISIN	INE474D01013
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-24 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.