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Companies›Consumer Discretionary›Consumer Durables›Consumer Durables
NSE:SAFARI

SAFARI IND (INDIA) LTD

Consumer Durables › Consumer Durables·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹1,233.90
at close · 27 Oct 2026
▼ 1.10 (-0.09%)

Latest filings

  1. Reg 74(5) Depository Certificate filed for Sep 2026 quarter · Compliance
  2. Analyst meeting intimation with HDFC AMC on 12 Oct 2026 · Board & Shareholder Meetings
  3. CRISIL reaffirms Safari Industries credit ratings · Credit & Debt
All filings ↓
Ask Nexa about SAFARI IND (INDIA) LTD

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Makes and sells luggage, backpacks and travel bags under the Safari brand, operating as a single-segment luggage business. FY26 consolidated revenue stood at Rs 2,047 crore with profit after tax of Rs 167.76 crore and an EBITDA margin of about 14.4%. The company sits in the consumer durables space with a basic industry classification of plastic products - consumer, and reports through two wholly owned subsidiaries alongside the parent. Materials form the largest input cost at 31.2% of revenue, with other operating expenses at 26.9%, employee costs at 7.0% and depreciation at 3.4%. Capital expenditure ran at 3.4% of revenue in FY26. Operating cash flow swung to a positive Rs 173.4 crore in FY26 from negative Rs 13.1 crore in FY25. The brand is reachable through its website safaribags.com.

Operating scale
Operating segments
1 (luggage business)FY26
Wholly owned subsidiaries
2FY26
Materials share of revenue
31.2%FY26
Other operating expenses share of revenue
26.9%FY26
Capex share of revenue
3.4%FY26
Operating cash flow
Rs 173.4 croreFY26
Who pays it
Retail consumers buying luggage, backpacks and travel bags.
Biggest cost
Materials at 31.2% of revenue (largest line in the cost stack).
Kind of business
Single-segment branded luggage and bags, consumer durables with materials-heavy input costs.
Where it sits
Operates as a single-segment luggage and bags business in the consumer durables / plastic products space.
Market Cap
₹6,046 Cr
P / E (TTM)
36.6×
EV / EBITDA
20.6×
Div Yield
0.28%
Growth
44.2%▲
Revenue 5y CAGR
PAT — · EBITDA —
Quality
18.6%▲
ROCE (5y median)
ROE 15.1% (5y median) · margin 14.4%
Leverage
0.00·
Debt / Equity · low
Net cash ₹8.49 Cr
Revenue FY21→FY26
6.2×▲
Margin +14.6 pts
₹328 Cr → ₹2,047 Cr
Cash conversion
0.81×·
Operating cash ÷ profit · 5 yrs
₹514 Cr on ₹634 Cr
Moves on a normal day
1.19%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 9 Plastic Products - Consumer peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#7/8
P/B#5/7
ROCE#3/10
ROE#2/8
Debt / Equity#1/8
EBITDA margin#5/8
Revenue growth#3/9
Profit growth#4/8

Scorecard

Measured from the filed financials, judged against its Plastic Products - Consumer peers · as of FY26 — not investment advice

Strengths
Revenue compounding 44% a year over 5 years
Returns on capital 18.6% (5-year median)
#3 of 10 in Plastic Products - Consumer on the latest reported figures · up from −7.6% in FY21
No borrowings on the balance sheet
lower than 86% of its 8 Plastic Products - Consumer peers
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

SAFARI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from SAFARI IND (INDIA) LTD's filed financials and exchange disclosures

What does SAFARI IND (INDIA) LTD do?

SAFARI IND (INDIA) LTD is a Consumer Durables company listed on NSE and BSE, trading under the symbol SAFARI.

Is SAFARI IND (INDIA) LTD profitable?

Yes. Over the trailing twelve months SAFARI IND (INDIA) LTD reported a net profit of ₹165 Cr on revenue of ₹2,108 Cr.

Does SAFARI IND (INDIA) LTD pay a dividend?

Yes. The dividend yield is 0.28% at the current price. It paid out 10% of its profit as dividend in FY26.

Is SAFARI IND (INDIA) LTD debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹8.49 Cr of cash.

Is SAFARI IND (INDIA) LTD expensive compared with its peers?

On trailing P/E, SAFARI IND (INDIA) LTD ranks 7 of 8 in Plastic Products - Consumer — cheaper than 14% of them, against an industry median of 13.4×. This is a position, not a valuation judgement.

How much does the SAFARI IND (INDIA) LTD share price move in a day?

On a typical session SAFARI IND (INDIA) LTD moves 1.19% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track SAFARI IND (INDIA) LTD's announcements?

Every NSE and BSE filing by SAFARI IND (INDIA) LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.