Safari Industries (India) Limited
Safari Industries (India) Limited operates in Plastic Products - Consumer, part of the Consumer Durables sector. It booked ₹589 cr of revenue in its latest quarter (Q1 FY27) and kept 8.1% of sales as profit. It is the 2nd largest of 8 Plastic Products - Consumer companies we track, by market value.
“Safari Industries (India) Limited (“Company”) has built a strong presence in the Indian luggage market through steady expansion and a clear understanding of changing consumer needs. Established in 1980 and based in Mumbai, the Company is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).”
“To be the most trusted luggage partner for people on Safari is committed to provide value-driven and the move.”
Healthier than 65% of companies in Consumer Durables, on all six measures of filed financials. Each measure is ranked against the 25–41 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 46
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in SAFARI?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹589 cr |
| Other Income | ₹7 cr |
| Total Income | ₹596 cr |
| Cost of Materials | ₹201 cr |
| Purchases of Stock-in-Trade | ₹85 cr |
| Inventory Change (±) | ₹40 cr |
| Employee Benefit Expense | ₹38 cr |
| Finance Costs | ₹3 cr |
| Depreciation & Amortisation | ₹19 cr |
| Other Expenses | ₹149 cr |
| Total Expenses | ₹535 cr |
| Profit before Tax | ₹61 cr |
| Tax Expense | ₹13 cr |
| Net Profit | ₹48 cr |
| Net margin on total income | 8.0% |
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 512 cr | 473 cr | 589 cr |
| Total income | 518 cr | 480 cr | 596 cr |
| Expenses | 477 cr | 431 cr | 535 cr |
| Profit before tax | 42 cr | 49 cr | 61 cr |
| Tax | 9 cr | 12 cr | 13 cr |
| Net profit (owners' share) | 33 cr | 37 cr | 48 cr |
| Net margin (owners' share, on revenue) | 6.4% | 7.9% | 8.1% |
| EPS (₹) | 6.72 | 7.65 | 9.75 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Shaily Engineering Plastics Limited | ₹3,107 | ₹14,293 cr | — | 26.8% | 17.1% | — |
| Safari Industries (India) Limitedthis company | ₹1,511 | ₹7,402 cr | 38.8 | 17.1% | 8.1% | — |
| VIP Industries Limited | ₹304 | ₹4,322 cr | — | -74.0% | -9.3% | — |
| Nilkamal Limited | ₹1,917 | ₹2,861 cr | 29.4 | 6.2% | 3.0% | — |
| PIL ITALICA LIFESTYLE LIMITED | ₹8 | ₹182 cr | 193.8 | 0.9% | 1.1% | — |
| AVRO INDIA LIMITED | ₹8 | ₹105 cr | 39.2 | 3.1% | 2.7% | — |
| Tokyo Plast International Limited | ₹76 | ₹72 cr | — | -1.3% | -1.0% | — |
| Pearl Polymers Limited | ₹17 | ₹28 cr | 3.0 | 32.6% | 46.6% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹2 / share | 17 Jul 2026 |
| Dividend | ₹2 / share | 14 Nov 2025 |
| Dividend | ₹1.5 / share | 18 Jul 2025 |
| Dividend | ₹1.5 / share | 19 Nov 2024 |
| Dividend | ₹1.5 / share | 12 Jul 2024 |
| Bonus issue | 1:1 | 12 Dec 2023 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.