Safari Industries (India) Limited SAFARI NSE
Company Overview
Safari Industries (India) Limited designs, manufactures, and markets luggage, backpacks, and travel accessories in India. The company offers printed, laptop, hard, and soft luggage bags; school, laptop, office, college, anti-theft, tech, expandable storage, formal, adventure, and overnighters backpacks; accessories, such as sling bags, messenger bags, and neck pillows; and duffle bags. It sells its products under the Safari, Safari Select, Genius, Urban Jungle, and Genie brands through website and stores, as well as through e-commerce platforms. Safari Industries (India) Limited was incorporated in 1980 and is based in Mumbai, India.
Why Investors Should Care
Generates a return on equity of 15.0%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 18.6%.
Net profit has compounded at 10.3% per year over the last five years.
Revenue has grown at a 19.1% CAGR over the past five years.
Carries low leverage with a debt-to-equity ratio of 0.10.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹2,040.04 Cr (+15.4% YoY); net profit ₹167.76 Cr.
- Trailing 12 Months Year-on-year growth — revenue +15.4%, earnings +17.5%.
- 5-Year Trend Long-term compounding — revenue CAGR 19.1%, profit CAGR 10.3%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 19.07% |
| 1 Year: | 15.40% |
Compounded Profit Growth
| 5 Years: | 10.28% |
| 1 Year: | 17.48% |
Stock Price Performance
| 1 Year: | -25.18% |
| 6 Months: | -21.33% |
| 3 Months: | +6.40% |
| 1 Month: | +1.84% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMABelow
- RSI (14)59.07 · Neutral
P/E of 57.14 is above the sector median of 30.43 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 19.1% over 5 years.
- Profit CAGR of 10.3% over 5 years.
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 57.1.
- Trading 33.2% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Consumer Cyclical).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SAFARI Safari Industries (India) Limited NSE | 1,666.10 | 57.14 | ₹8,162.88 Cr | 0.25% | 18.62% | 15.05% | 19.07% | 10.28% |
| 2 | MARUTI Maruti Suzuki India Limited NIFTY50NSEAI | 13,542.00 | 29.36 | ₹4.26 L Cr | 1.01% | 17.22% | 13.70% | 16.60% | 21.11% |
| 3 | TITAN Titan Company Limited NIFTY50NSE | 4,602.10 | 80.47 | ₹4.09 L Cr | 0.33% | 38.43% | 32.31% | 29.24% | 16.00% |
| 4 | M&M Mahindra & Mahindra Limited NIFTY50NSEAI | 3,108.80 | 20.43 | ₹3.87 L Cr | 1.05% | 17.14% | 18.37% | 17.50% | 18.48% |
| 5 | BAJAJ-AUTO Bajaj Auto Limited NIFTY50NSE | 10,348.50 | 26.92 | ₹2.89 L Cr | 1.48% | 26.12% | 27.67% | 19.49% | 21.03% |
| 6 | ETERNAL Eternal Limited NSEAITECH | 290.35 | 744.49 | ₹2.80 L Cr | 0.00% | 2.87% | 1.18% | 97.70% | 45.90% |
| 7 | EICHERMOT Eicher Motors Limited NIFTY50NSEAI | 7,354.50 | 42.67 | ₹2.02 L Cr | 1.11% | 26.43% | 21.97% | 17.47% | 23.70% |
| 8 | TVSMOTOR TVS Motor Company Limited NSE | 3,644.70 | 57.37 | ₹1.73 L Cr | 0.33% | 28.82% | 31.56% | 20.21% | 31.46% |
| 9 | HYUNDAI HYUNDAI MOTOR INDIA LTD NSE | 2,035.00 | 30.44 | ₹1.65 L Cr | 1.06% | 32.62% | 27.14% | 5.50% | 4.87% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 303.00 Cr | 427.00 Cr | 370.00 Cr | 388.00 Cr | 365.00 Cr | 450.00 Cr | 458.00 Cr | 443.00 Cr | 421.06 Cr | 527.83 Cr | 533.55 Cr | 512.37 Cr | 473.30 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 213.85 Cr | 286.24 Cr | 282.46 Cr | 274.15 Cr | 239.85 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 207.21 Cr | 241.59 Cr | 251.09 Cr | 238.22 Cr | 233.45 Cr |
| Operating Expenses | 244.00 Cr | 348.00 Cr | 307.00 Cr | 320.00 Cr | 299.00 Cr | 384.00 Cr | 410.00 Cr | 392.00 Cr | 161.78 Cr | 179.75 Cr | 194.60 Cr | 200.11 Cr | 189.52 Cr |
| Operating Income | 49.00 Cr | 66.00 Cr | 51.00 Cr | 55.00 Cr | 53.00 Cr | 52.00 Cr | 33.00 Cr | 35.00 Cr | 45.43 Cr | 61.84 Cr | 56.49 Cr | 38.11 Cr | 43.93 Cr |
| EBITDA | 58.00 Cr | 79.00 Cr | 63.00 Cr | 68.00 Cr | 67.00 Cr | 66.00 Cr | 48.00 Cr | 50.00 Cr | 66.88 Cr | 85.08 Cr | 79.79 Cr | 61.58 Cr | 68.97 Cr |
| Interest Expense | 2.00 Cr | 3.00 Cr | 2.00 Cr | 2.00 Cr | 2.00 Cr | 2.00 Cr | 2.00 Cr | 2.00 Cr | 2.03 Cr | 2.20 Cr | 2.11 Cr | 2.29 Cr | 2.01 Cr |
| Pretax Income | 50.00 Cr | 66.00 Cr | 52.00 Cr | 57.00 Cr | 56.00 Cr | 58.00 Cr | 38.00 Cr | 41.00 Cr | 49.43 Cr | 65.44 Cr | 60.13 Cr | 41.74 Cr | 49.06 Cr |
| Tax Provision | 11.50 Cr | 15.84 Cr | 11.96 Cr | 13.68 Cr | 12.88 Cr | 13.34 Cr | 8.36 Cr | 9.84 Cr | 11.84 Cr | 14.95 Cr | 13.28 Cr | 8.85 Cr | 11.59 Cr |
| Net Income | 38.00 Cr | 50.00 Cr | 40.00 Cr | 43.00 Cr | 43.00 Cr | 44.00 Cr | 30.00 Cr | 31.00 Cr | 37.59 Cr | 50.49 Cr | 46.94 Cr | 32.89 Cr | 37.47 Cr |
| Diluted EPS | 8.03 | 10.54 | 8.35 | 9.02 | 8.86 | 9.11 | 6.07 | 6.37 | 7.67 | 10.31 | 9.58 | 6.70 | 7.65 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 211.00 Cr | 271.00 Cr | 344.00 Cr | 419.00 Cr | 578.00 Cr | 686.00 Cr | 328.00 Cr | - | 1,208.43 Cr | 1,546.99 Cr | 1,767.83 Cr | 2,040.04 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 717.68 Cr | 850.49 Cr | 999.25 Cr | 1,129.16 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 490.75 Cr | 696.50 Cr | 768.58 Cr | 910.88 Cr |
| Operating Expenses | 198.00 Cr | 252.00 Cr | 319.00 Cr | 377.00 Cr | 525.00 Cr | 614.00 Cr | 334.00 Cr | - | 324.62 Cr | 469.85 Cr | 600.59 Cr | 706.44 Cr |
| Operating Income | 9.00 Cr | 15.00 Cr | 19.00 Cr | 36.00 Cr | 45.00 Cr | 50.00 Cr | -26.00 Cr | - | 166.13 Cr | 226.65 Cr | 167.99 Cr | 204.44 Cr |
| EBITDA | 12.00 Cr | 19.00 Cr | 24.00 Cr | 42.00 Cr | 53.00 Cr | 72.00 Cr | -6.00 Cr | - | 206.32 Cr | 290.93 Cr | 253.41 Cr | 295.49 Cr |
| Interest Expense | 3.00 Cr | 3.00 Cr | 4.00 Cr | 3.00 Cr | 4.00 Cr | 10.00 Cr | 6.00 Cr | - | 7.97 Cr | 9.02 Cr | 8.78 Cr | 8.53 Cr |
| Pretax Income | 6.00 Cr | 12.00 Cr | 16.00 Cr | 34.00 Cr | 41.00 Cr | 40.00 Cr | -29.00 Cr | - | 165.04 Cr | 230.12 Cr | 185.57 Cr | 216.34 Cr |
| Tax Provision | 1.62 Cr | 4.20 Cr | 5.44 Cr | 12.24 Cr | 13.94 Cr | 9.60 Cr | 8.12 Cr | - | 39.95 Cr | 54.31 Cr | 42.77 Cr | 48.58 Cr |
| Net Income | 4.00 Cr | 8.00 Cr | 10.00 Cr | 22.00 Cr | 27.00 Cr | 31.00 Cr | -21.00 Cr | - | 125.09 Cr | 175.81 Cr | 142.80 Cr | 167.76 Cr |
| Diluted EPS | 1.06 | 1.87 | 2.45 | 4.84 | 6.09 | 6.86 | -4.67 | 4.77 | 26.21 | 36.73 | 29.16 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 130.00 Cr | 177.00 Cr | 198.00 Cr | 275.00 Cr | 386.00 Cr | 416.00 Cr | 397.00 Cr | - | 748.04 Cr | 1,144.22 Cr | 1,319.17 Cr | 1,446.40 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 544.66 Cr | 823.52 Cr | 868.15 Cr | 904.88 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 2.91 Cr | 38.99 Cr | 11.55 Cr | 8.49 Cr |
| Inventory | - | - | - | - | - | - | - | - | 266.39 Cr | 269.43 Cr | 350.44 Cr | 330.06 Cr |
| Receivables | - | - | - | - | - | - | - | - | 169.33 Cr | 165.41 Cr | 242.90 Cr | 261.11 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 322.32 Cr | 320.75 Cr | 365.68 Cr | 331.73 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 243.80 Cr | 231.17 Cr | 276.03 Cr | 238.81 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 21.47 Cr | 14.82 Cr | 8.22 Cr | 0 |
| Total Debt | 33.00 Cr | 58.00 Cr | 42.00 Cr | 55.00 Cr | 104.00 Cr | 114.00 Cr | 41.00 Cr | - | 139.41 Cr | 146.26 Cr | 124.81 Cr | 116.55 Cr |
| Total Equity | 76.00 Cr | 91.00 Cr | 101.00 Cr | 172.00 Cr | 200.00 Cr | 230.00 Cr | 279.00 Cr | - | 425.72 Cr | 823.47 Cr | 953.49 Cr | 1,114.67 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 4.74 Cr | 4.88 Cr | 4.89 Cr | 4.90 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -32.00 Cr | -13.00 Cr | 24.00 Cr | -48.00 Cr | -38.00 Cr | 71.00 Cr | 111.00 Cr | - | 50.63 Cr | 216.92 Cr | 57.32 Cr | 173.36 Cr |
| Investing Cash Flow | -3.00 Cr | -15.00 Cr | -6.00 Cr | -13.00 Cr | -7.00 Cr | -21.00 Cr | -98.00 Cr | - | -69.54 Cr | -345.30 Cr | -9.66 Cr | -103.44 Cr |
| Financing Cash Flow | 36.00 Cr | 29.00 Cr | -20.00 Cr | 59.00 Cr | 45.00 Cr | -50.00 Cr | -10.00 Cr | - | 19.64 Cr | 164.46 Cr | -75.10 Cr | -72.98 Cr |
| Capital Expenditure | -4.00 Cr | -16.00 Cr | -5.00 Cr | -14.00 Cr | -9.00 Cr | -21.00 Cr | -8.00 Cr | - | -50.31 Cr | -111.23 Cr | -145.44 Cr | -70.44 Cr |
| Free Cash Flow | -36.00 Cr | -29.00 Cr | 19.00 Cr | -62.00 Cr | -47.00 Cr | 50.00 Cr | 103.00 Cr | - | 32.00 L | 105.69 Cr | -88.12 Cr | 102.92 Cr |
| Net Change in Cash | 1.00 Cr | 1.00 Cr | -2.00 Cr | -2.00 Cr | -0 | 1.00 Cr | 3.00 Cr | - | 73.00 L | 36.08 Cr | -27.44 Cr | -3.06 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 40.6% | 45.0% | 43.5% | 44.7% |
| Operating Margin % | 4.3% | 5.5% | 5.5% | 8.6% | 7.8% | 7.3% | -7.9% | - | 13.7% | 14.7% | 9.5% | 10.0% |
| Net Margin % | 1.9% | 3.0% | 2.9% | 5.3% | 4.7% | 4.5% | -6.4% | - | 10.4% | 11.4% | 8.1% | 8.2% |
| ROE % | 5.3% | 8.8% | 9.9% | 12.8% | 13.5% | 13.5% | -7.5% | - | 29.4% | 21.3% | 15.0% | 15.1% |
| ROCE % | - | - | - | - | - | - | - | - | 32.9% | 24.8% | 16.1% | 16.9% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for SAFARI
Here's What We Like About Safari Industries (India)'s (NSE:SAFARI) Upcoming Dividend - simplywall.st
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Aurora Cannabis acquires Safari Flower in $26.5 million cash and stock deal - StratCann
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Aurora Cannabis buys Safari Flower in $26.5-million cash-and-stock deal - The Globe and Mail
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SAFARI — Frequently Asked Questions
What is the current share price of Safari Industries (India) Limited (SAFARI)?
As of 2026-07-15 09:52 IST, Safari Industries (India) Limited (SAFARI) trades at ₹1,666.10 on NSE. Its 52-week range is ₹1,367.60 to ₹2,492.60.
What is the market capitalisation of SAFARI?
Safari Industries (India) Limited (SAFARI) has a market capitalisation of ₹8,162.88 Cr on NSE.
What is the P/E ratio of SAFARI?
SAFARI trades at a trailing price-to-earnings (P/E) ratio of 57.14. The industry average P/E is 30.43. Its price-to-book (P/B) ratio is 7.40.
Does SAFARI pay a dividend?
Safari Industries (India) Limited (SAFARI) currently offers a dividend yield of 0.25%.
What is the return on equity (ROE) of SAFARI?
SAFARI has a return on equity (ROE) of 15.05%. Its return on capital employed (ROCE) is 18.62%.
Is SAFARI a good stock to buy?
This page provides a data-driven analysis of Safari Industries (India) Limited (SAFARI), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.