SAFARI

Safari Industries (India) Ltd.

NSE: SAFARI

BSE: 523025

Sector: Consumer Durables

Industry Group: Consumer Durables

Industry: Plastic Products - Consumer

1,600.00-11.5 (-0.71%)

8 Jul, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

90.3 / 100

Value Score

27.4 / 100

Price Momentum Score

22.3 / 100

QVM Score

39.7 / 100

Key Metrics

Market Cap

7839.04

P/E (TTM)

46.73

P/B

7.03

P/S (TTM)

3.83

EV/EBITDA

28.32

CAPE (5Y)

61.02

ROE (TTM)

16.22

ROCE (TTM)

17.33

ROA (TTM)

12.13

Avg 3Y ROE

20.15

Earnings 3Y CAGR

9.23

Sales 3Y CAGR

19.21

Sales 5Y CAGR

44.23

Debt/Equity

0.10

Consensus TP

2350.00

Strong Buy %

80.00

Promoter Holding

44.70

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Safari Industries (India) Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

High and stable ROE

The company reported strong ROE of 16.22% for 12-month ended 31 Mar 2026 and ROE improved marginally by 15 bps from 1 year ago

What is ROE (FY)?

Moderate revenue growth and above median growth of industry

The company delivered moderate revenue growth of 15.55% for 12-month ended 31 Mar 2026 and the growth was 18.08 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: -2.53

Value 15.55

-51.5420.83

Moderate EPS growth and above median growth of industry

The company delivered moderate EPS growth of 17.44% for 12-month ended 31 Mar 2026 and the growth was 21.37 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.1 as on 31 Mar 2026 and Debt to Equity decreased marginally by 0.03 in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 4 financial years

What is Dividend streak?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 46.73 indicates that the stock is expensive on a standalone basis and is at a 179.49% premium to industry median P/E

What is P/E Ratio?

Median: 16.72

Value 46.73

6.56126.6

Weak price momentum

Price Momentum score of 22.3 indicates that the stock has weak price momentum. Research has shown that stocks with lower momentum continue to underperform in the near term

What is Price Momentum score?

22.3 / 100

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -7.28% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Low but stable operating margin

The company reported low operating margin of 9.78% for 12-month ended 31 Mar 2026 and operating margin improved marginally by 30 bps from 1 year ago

What is Operating profit margin?

Low dividend yield

The company has a low dividend yield of 0.22%

What is Dividend yield?

Neutral

Company's earnings are of moderate quality

Earnings quality score of 63.8 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

63.8 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Safari Industries (India) Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Safari Industries (India) Ltd. Shareholding Pattern

Quarterly breakdown of Safari Industries (India) Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	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
Total Promoter	56.67	56.67	56.67	56.63	55.27	50.36	49.90	49.89	50.02	50.01	47.24	47.23	47.23	47.23	46.97	46.88	45.73	45.73	45.42	45.41	45.41	45.41	44.91	44.70	44.70
Indian Promoter	56.67	56.67	56.67	56.63	55.27	50.36	49.90	49.89	50.02	50.01	47.24	47.23	47.23	47.23	46.97	46.88	45.73	45.73	45.42	45.41	45.41	45.41	44.91	44.70	44.70
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	24.35	25.23	23.93	23.86	21.48	21.78	22.48	22.42	22.09	22.51	27.03	27.55	28.54	29.30	30.46	30.20	33.66	34.51	34.99	36.07	36.82	37.58	38.26	38.74	39.11
Mutual Funds / UTI	0.01	0.01	0.01	0.01	1.63	1.97	1.96	2.98	3.07	4.15	6.68	6.70	8.87	12.60	13.73	13.09	14.92	16.27	16.96	17.86	17.62	17.61	18.73	19.29	20.64
FI/Bank/Insurance	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	-	-	-	-	-	-
FII	23.54	24.34	22.64	22.55	15.75	16.24	17.30	16.28	16.21	15.78	15.14	15.53	15.93	12.30	12.95	13.44	13.14	12.69	12.24	12.26	13.25	13.05	12.30	12.32	10.81
Other Institutions	8.05	8.12	8.53	1.31	4.09	3.58	3.21	3.16	2.80	2.58	5.21	5.31	3.75	4.40	3.77	3.66	5.60	5.56	5.77	5.96	5.94	6.92	7.23	7.12	7.66
Non-Institution	18.98	18.10	19.40	19.50	23.25	27.86	27.63	27.69	27.89	27.48	25.74	25.22	24.22	23.46	22.58	22.92	20.61	19.76	19.59	18.52	17.77	17.01	16.83	16.56	16.19
Bodies Corporate	1.29	1.11	1.08	1.22	2.37	2.40	2.33	2.33	2.44	2.43	2.48	2.51	2.36	2.22	2.10	2.24	2.19	2.10	1.82	1.74	1.64	1.54	1.50	1.45	1.35
Others (incl. Retail) No. of shareholders	17.69 8,690	16.99 10,860	18.32 11,622	18.28 10,426	20.88 11,889	25.46 12,023	25.30 13,834	25.36 14,370	25.45 14,142	25.05 13,543	23.26 15,319	22.71 14,285	21.86 14,824	21.24 23,649	20.48 30,874	20.68 44,779	18.42 34,662	17.66 31,613	17.77 44,626	16.78 41,735	16.13 37,999	15.47 35,700	15.33 36,264	15.11 34,670	14.84 34,530

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	Nifty Microcap 250	0.41%	84 / 250
2	Nifty Total Market	0.02%	546 / 749

Prominent Investor Holdings

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Safari Industries (India) Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
VINEET PODDAR KMP	March-2026	Market Sale (Disposal) 25th Mar 2026	0.17 %	₹ 1,602.14	3.01 k	₹ 48.21 lac
SAFARI COMMERCIAL LLP Promoter Group	December-2025	Market Sale (Disposal) 19th Dec 2025	8.16 %	₹ 2,190.03	1.00 lac	₹ 21.90 cr
SIDDHARTH GAUTAM Designated Person	December-2025	Market Sale (Disposal) 3rd Dec 2025	0.00 %	₹ 2,426.64	1.50 k	₹ 36.40 lac
HASMUKH BHARADVA Designated Person	November-2025	Market Sale (Disposal) 26th Nov 2025	0.00 %	₹ 2,436.46	212.00	₹ 5.17 lac
HASMUKH BHARADVA Designated Person	November-2025	Market Sale (Disposal) 26th Nov 2025	0.01 %	₹ 2,441.62	267.00	₹ 6.52 lac
PARITOSH SINHA Designated Person	November-2025	Market Sale (Disposal) 26th Nov 2025	0.01 %	₹ 2,434.00	2.00 k	₹ 48.68 lac
RAMEEZ SHAIKH KMP	November-2025	Market Sale (Disposal) 26th Nov 2025	0.01 %	₹ 2,410.00	1.90 k	₹ 45.79 lac
JAGAN RAMASWAMY Designated Person	November-2025	Market Sale (Disposal) 24th Nov 2025	0.00 %	₹ 2,325.48	1.98 k	₹ 46.00 lac
ANINDYA MAJUMDAR Designated Person	November-2025	Market Sale (Disposal) 20th Nov 2025	0.00 %	₹ 2,300.00	1.86 k	₹ 42.90 lac
DEEPAK BARTWAL Designated Person	November-2025	Market Sale (Disposal) 20th Nov 2025	0.01 %	₹ 2,290.00	2.39 k	₹ 54.80 lac

…

Corporate Actions

History of Safari Industries (India) Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 2/share
Record date: 17th Jul 2026Ex-date: 17th Jul 2026
Announced on: 19th May 2026
Dividend₹ 2/share
Record date: 14th Nov 2025Ex-date: 14th Nov 2025
Announced on: 10th Nov 2025
Dividend₹ 1.50/share
Record date: 18th Jul 2025Ex-date: 18th Jul 2025
Announced on: 6th May 2025
Dividend₹ 1.50/share
Record date: 19th Nov 2024Ex-date: 19th Nov 2024
Announced on: 25th Oct 2024
Dividend₹ 1.50/share
Record date: 12th Jul 2024Ex-date: 12th Jul 2024
Announced on: 14th May 2024

Company Profile

Overview of Safari Industries (India) Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Safari Industries (India) Limited is an India-based holding company. The Company is engaged in the manufacturing and marketing of luggage and luggage accessories. There are two broad categories of luggage: hard luggage and soft luggage. Hard luggage is primarily made of Polypropylene (PP) and Polyca...

Key personnel

Mr. Abhijaat Akhilesh Sinha

Compliance Officer, Company Secretary

Mr. Sudhir Mohanlal JatiaD

Chairman of the Board, Managing Director

Mr. Piyush GoenkaD

Non-Executive Non-Independent Director

Mr. Sumeet NagarD

Non-Executive Non-Independent Director

Mr. Sridhar BalakrishnanD

Non-Executive Independent Director

Manjaree ChowdharyD

Additional Non-Executive Independent Director

Mr. Aseem DhruD

Non-Executive Independent Director

Mr. Sanjiv KakkarD

Additional Non-Executive Independent Director

View all

Incorporated on

08 Jul 1980

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

12 Sep 2019

Free Float

2,14,24,333

Website

https://www.safaribags.com/

Phone no.

+912240381888

Address

302-303, A WING, THE QUBE, CTS NO. 1498, A/2 MV ROAD,, MAROL,, ANDHERI (E), , 400059, India

Frequently Asked Questions

What is the current share price of Safari Industries (India) Ltd.?

The current share price of Safari Industries (India) Ltd. is ₹ 1,600.00 as of 8 Jul 2026.

What is the market capitalisation of Safari Industries (India) Ltd.?

The market capitalisation of Safari Industries (India) Ltd. stands at ₹ 7,839.04 Cr.

What is the PE ratio of Safari Industries (India) Ltd.?

The Price-to-Earnings (PE) ratio of Safari Industries (India) Ltd. is 46.73 as of the latest trailing twelve months data.

What is the ROE and ROCE of Safari Industries (India) Ltd.?

Safari Industries (India) Ltd. has a Return on Equity (ROE) of 16.22% and a Return on Capital Employed (ROCE) of 17.33% as per the latest financial reports.

What is the 52-week high and low of Safari Industries (India) Ltd.?

The 52-week high of Safari Industries (India) Ltd. is - and the 52-week low is -.

What is the dividend yield of Safari Industries (India) Ltd.?

The dividend yield of Safari Industries (India) Ltd. is 0.22% based on the current market price.

What is the FII and DII holding in Safari Industries (India) Ltd.?

Foreign Institutional Investors (FII) hold 10.81%, Domestic Institutional Investors (DII) hold 20.64% and retail/public investors hold 14.84% of Safari Industries (India) Ltd. shares.

What sector does Safari Industries (India) Ltd. belong to?

Safari Industries (India) Ltd. operates in the Consumer Durables sector. 100% of analysts have a Buy or Strong Buy rating on Safari Industries (India) Ltd. with a consensus target price of ₹ 2,350.00, implying 46.88% upside from current levels.

What is the beta of Safari Industries (India) Ltd.?

The beta of Safari Industries (India) Ltd. is 0.79, indicating its price volatility relative to the broader market. Over the past 1 year, Safari Industries (India) Ltd. has delivered an absolute return of -25.86%.

What is the RSI of Safari Industries (India) Ltd.?

The 14-day Relative Strength Index (RSI) of Safari Industries (India) Ltd. is 50.54, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Safari Industries (India) Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Safari Industries (India) Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Holdings and Presence

Company Profile

Corporate Actions