Safari Industries (India) Ltd (SAFARI)
₹1,538.90
Mkt cap
₹8,046 Cr
P/E ratio
48.80
P/B
6.75
Div yield
0.24%
ROE
15.90%
ROCE
19.30%
EPS (TTM)
₹31.53
Book value
₹228
52W range
1,368–2,493
Sector
Consumer Discretionary
Safari Industries is in the business of manufacturing and trading of luggage and luggage accessories. There are two broad categories of luggage i.e hard luggage and soft luggage. Hard luggages are mainly made of PolyPropylene (PP) and Polycarbonate (PC) and manufactured in-house by Safari at its Plant located at Halol, Gujarat. Soft luggages are made of fabrics of various kinds and are mainly imported. [1]
Health check
Mixed
ValuationExpensive
ProfitabilityStrong
GrowthHigh
TechnicalsBearish
52-week range
−38.26% from high₹1,539
₹1,368+12.53% from low₹2,493
Current
₹1,538.90
Prev close
₹1,540.00
Day
−0.07%
Price performance
1D
−0.07%
1W
−5.99%
1M
−3.25%
3M
+4.69%
6M
−21.87%
1Y
−30.47%
YTD
−29.03%
Financials
FRevenue, profit & margin
P/E ratio
48.8×
SAFARI is 78% above the sector median of 27.4×
SAFARI48.8×
Sector median27.4×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 303 | 427 | 370 | 388 | 365 | 450 | 458 | 443 | 421 | 528 | 534 | 512 | 473 | |
| Expenses | 244 | 348 | 307 | 320 | 299 | 384 | 410 | 392 | 360 | 449 | 460 | 457 | 411 | |
| Operating Profit | 58 | 79 | 63 | 68 | 67 | 66 | 48 | 50 | 61 | 79 | 74 | 56 | 62 | |
| OPM % | 19% | 19% | 17% | 18% | 18% | 15% | 10% | 11% | 14% | 15% | 14% | 11% | 13% | |
| Other Income | 3 | 2 | 3 | 4 | 5 | 8 | 7 | 7 | 6 | 6 | 6 | 6 | 7 | |
| Interest | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
| Depreciation | 9 | 13 | 12 | 13 | 14 | 14 | 15 | 15 | 15 | 17 | 18 | 18 | 18 | |
| Profit before tax | 50 | 66 | 52 | 57 | 56 | 58 | 38 | 41 | 49 | 65 | 60 | 42 | 49 | |
| Tax % | 23% | 24% | 23% | 24% | 23% | 23% | 22% | 24% | 24% | 23% | 22% | 21% | 24% | |
| Net Profit | 38 | 50 | 40 | 43 | 43 | 44 | 30 | 31 | 38 | 50 | 47 | 33 | 37 | |
| EPS in Rs | 8.03 | 10.54 | 8.35 | 9.02 | 8.86 | 9.11 | 6.07 | 6.37 | 7.69 | 10.33 | 9.58 | 6.71 | 7.65 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
No reaction history yet.
No quarterly filings ingested yet.
Corporate actions
CLast 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
Sas of Mar 202644.70%Promoter
Promoters44.70%
FIIs10.81%1.51
DIIs28.30%1.74
Public16.20%0.22
Government0.00%
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Shaily Engineer. | ₹2,693.50 | 76.80 | 12,389 | 0.07% | 49 | +64.85% | 224 | +10.23% | 30.17% |
| Safari Inds. | ₹1,642.20 | 48.82 | 8,046 | 0.24% | 37 | −0.32% | 473 | +12.41% | 19.27% |
| V I P Inds. | ₹303.80 | — | 4,316 | 0.00% | −129 | −316.17% | 436 | −11.73% | −28.89% |
| Nilkamal Ltd | ₹1,365.50 | 16.17 | 2,037 | 1.46% | 42 | +21.65% | 965 | +7.96% | 10.61% |
| Bai-Kakaji Poly. | ₹193.35 | 17.37 | 414 | 0.00% | 13 | — | 192 | — | 21.18% |
| Essen Speciality | ₹114.00 | — | 283 | 0.88% | −9 | −107.93% | 32 | −28.16% | −1.25% |
| Pil Italica Life | ₹9.06 | 51.18 | 213 | 0.00% | 1 | +0.93% | 27 | −0.30% | 7.67% |
| Median: 10 Co. | ₹155.00 | 27.39 | 349 | 0.04% | 9 | +9.78% | 192 | +3.83% | 12.45% |
Filings
DAnnual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bse
Credit ratings6
Announcements5
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10h - Filed Regulation 74(5) certificate for quarter ended 30 June 2026.Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Jul - Enclosed is the Newspaper Publication for Notice of AGM.Business Responsibility and Sustainability Reporting (BRSR) 10 Jul - 46th AGM on 4 August 2026; annual report released; final dividend of ₹2 per share proposed.Notice Of 46Th Annual General Meeting Of The Company. 10 Jul - 46th AGM on 4 Aug 2026; FY26 annual report, Rs 2 final dividend, and two director reappointments.Reg. 34 (1) Annual Report. 10 Jul - 46th AGM on 4 August 2026; annual report issued, final dividend ₹2/share and two independent director reappointments proposed.


