Outcome of the Board Meeting held on 19th May 2026
SAFARI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Safari Industries reported audited FY2026 consolidated revenue of Rs 2,047 Crore, up about 15.5% from Rs 1,772 Crore in FY2025. Consolidated PAT grew to Rs 167.8 Crore from Rs 142.8 Crore, representing roughly 17.5% growth. The Board also recommended a final dividend of Rs 2 per share (100% on face value of Rs 2), subject to shareholder approval at the AGM, payable by September 2026. Statutory auditors Walker Chandiok & Co LLP issued an unmodified (clean) audit opinion on both standalone and consolidated results, with no qualifications or going concern issues raised. The company operates in a single segment (luggage business) and has two wholly owned subsidiaries.
Strong operational performance with double-digit revenue and profit growth. Clean audit opinion and shareholder-friendly dividend signal financial stability. The stock may see positive reaction given consistent growth trajectory.