Safari Industries (India) Ltd (SAFARI) — shareholding pattern, promoter holding, financials and share price
About Safari Industries (India) Ltd (SAFARI)
Safari Industries (India) Ltd operates in the Plastic Products - Consumer industry, within the Consumer Durables sector. It trades on the NSE as SAFARI and on the BSE under scrip code 523025. Its ISIN is INE429E01023.
Safari Industries is in the business of manufacturing and trading of luggage and luggage accessories. There are two broad categories of luggage i.e hard luggage and soft luggage. Hard luggages are mainly made of PolyPropylene (PP) and Polycarbonate (PC) and manufactured in-house by Safari at its Plant located at Halol, Gujarat. Soft luggages are made of fabrics of various kinds and are mainly imported. [1]
Safari Industries is a manufacturer and marketer of luggage and luggage accessories, operating primarily in India.
The company has a long history, starting in 1974, with significant expansions of its manufacturing footprint over the years.
Listed peers in Plastic Products - Consumer: V I P Industries Ltd, Nilkamal Ltd, Bai-Kakaji Polymers Ltd, Wim Plast Ltd, Pil Italica Lifestyle Ltd, Prima Plastics Ltd.
Valuation & Returns
10 Jul 2026At ₹1,633.4 a share on 10 Jul 2026, Safari Industries (India) Ltd (SAFARI) was valued at a price-to-earnings ratio of 47.7x against an industry P/E of 50.62x and a price-to-book of 7.17x on a book value of ₹227.5 per share. Solomo computes return on equity of 15.05% and return on capital employed of 18.27% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 47.7x
- Industry P/E
- 50.62x
- P/B
- 7.17x
- EPS (TTM)
- ₹34.25
- Book value / share
- ₹227.5
- ROE
- 15.05%
- ROCE
- 18.27%
- ROA
- 11.6%
- Debt / equity
- 0.1x
- Dividend yield
- 0.21%
- EBITDA margin
- 14.44%
- 52-week range
- ₹1,364 – ₹2,503.8
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Safari Industries (India) Ltd (SAFARI) reported revenue of ₹2,047 crore, net profit of ₹168 crore and earnings per share of ₹34.24. That compares with revenue of ₹1,772 crore and net profit of ₹143 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹473 crore and net profit ₹37 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 705 | 1,212 | 1,550 | 1,772 | 2,047 |
| Net profit (₹ cr) | 22 | 125 | 176 | 143 | 168 |
| EPS (₹) | 4.99 | 26.39 | 36.05 | 29.21 | 34.24 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 22.54% | 21.03% | 35.91% | 14.26% |
| Profit growth | 35.17% | 30.96% | 72.23% | -18.78% |
| Stock price CAGR | 34% | 34% | 3% | -26% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 44.7% of Safari Industries (India) Ltd (SAFARI) (unchanged from the previous quarter), foreign institutional investors (FII) hold 10.56% and domestic institutional investors (DII) hold 28.26%. Market capitalisation was ₹8,003 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Malabar India Fund Limited 4.76%, Invesco India Flexi Cap Fund 3.73%, Lighthouse India Fund Iv AIF 3.08%, Dsp Small Cap Fund 2.65%, Icici Prudential Flexicap Fund 2.64%, Canara Robeco Mutual Fund A/C Canara Robeco Small Cap Fund 2.42%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 44.7% | - | 10.56% | 28.26% | 55.3% |
| Mar 2026 | 44.7% | - | 10.81% | 28.3% | 55.3% |
| Dec 2025 | 44.7% | - | 12.32% | 26.57% | 55.3% |
| Sep 2025 | 44.91% | - | 12.3% | 26.11% | 55.09% |
| Jun 2025 | 45.41% | - | 13.05% | 24.68% | 54.59% |
| Mar 2025 | 45.41% | - | 13.25% | 23.71% | 54.59% |
| Dec 2024 | 45.41% | - | 12.26% | 23.96% | 54.59% |
| Sep 2024 | 45.42% | - | 12.24% | 22.88% | 54.58% |