Debut Plus

₹1,627.8

▼ -14.45 -0.88%

17 Jul 2026

NSE Listed

Safari Ind (India) Ltd. (SAFARI)

Volume: 23,388Avg Vol 1W: 25,949.2Avg Vol 1M: 47,773.2552W Range:₹1,363.1₹2,507.1
NSE BSE www.safaribags.com
Key Ratios
Checked 18h ago
Market Cap₹8,046 Cr
Current Price₹1,627.8
Previous Close₹1,642.25
High / Low (52w)₹2,507.1 / ₹1,363.1
Volume23,388
Avg Vol (1W)25,949.2
Avg Vol (1M)47,773.25
Stock P/E214.67
Book Value₹227.48
Dividend Yield0.1%
ROE15.1%
ROA11.6%
Revenue (TTM)₹1,800 Cr
Revenue Growth14.3%
Profit Margin8.2%
Total Debt₹8 Cr
Shares Outstanding5 Cr
Face Value₹2
EPS (TTM)₹7.65
P/B7.22
Debt / Equity0.1
50 DMA₹1,582.99
200 DMA₹1,863.37
Day change-0.88%
Price Chart
₹1,627.8▼ 26.01% · 1Y
₹2491₹136813.5L
2025-07-16
2026-07-15

20-day avg volume: 48K shares

Pros
  • Healthy return on equity of 15.1%.
  • Company is almost debt-free.
  • Revenue grew 107% YoY.
Cons
  • Stock trades at a high P/E of 215.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹450 Cr₹458 Cr₹443 Cr₹421 Cr₹528 Cr₹534 Cr₹512 Cr₹473 Cr
EBITDA₹60 Cr₹40 Cr₹43 Cr₹51 Cr₹68 Cr₹62 Cr₹44 Cr₹51 Cr
Net Profit₹44 Cr₹30 Cr₹31 Cr₹38 Cr₹50 Cr₹47 Cr₹33 Cr₹37 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹420 Cr₹579 Cr₹687 Cr₹331 Cr₹713 Cr₹1,221 Cr₹1,564 Cr₹1,800 Cr
EBITDA₹37 Cr₹45 Cr₹50 Cr₹-23 Cr₹43 Cr₹173 Cr₹240 Cr₹194 Cr
Net Profit₹22 Cr₹27 Cr₹31 Cr₹-21 Cr₹22 Cr₹125 Cr₹176 Cr₹143 Cr
EPS10.0512.1713.71-9.349.5452.5536.7329.16
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹275 Cr₹386 Cr₹416 Cr₹397 Cr₹469 Cr₹748 Cr₹1,144 Cr₹1,319 Cr
Total Liabilities₹102 Cr₹186 Cr₹185 Cr₹118 Cr₹168 Cr₹322 Cr₹321 Cr₹366 Cr
Equity₹173 Cr₹201 Cr₹231 Cr₹279 Cr₹301 Cr₹426 Cr₹823 Cr₹953 Cr
Total Debt————————
Cash Flow
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹-37 Cr₹-22 Cr₹84 Cr₹110 Cr₹18 Cr₹87 Cr₹272 Cr₹97 Cr
Investing₹-13 Cr₹-7 Cr₹-21 Cr₹-98 Cr₹-4 Cr₹-70 Cr₹-345 Cr₹-10 Cr
Financing₹59 Cr₹45 Cr₹-50 Cr₹-10 Cr₹-14 Cr₹20 Cr₹164 Cr₹-75 Cr
Free Cash Flow₹-37 Cr₹-22 Cr₹84 Cr₹110 Cr₹18 Cr₹87 Cr₹272 Cr₹97 Cr
Shareholding
Promoter 44.7% Institutions 39.11% Public 16.19%
Efficiency & Working Capital
ROCE18.3%
Interest Coverage26.1
Dividend Payout—
Debtor Days50 d
Inventory Days72 d
Payable Days41 d
Cash Conversion Cycle81 d
Working Capital Days122 d
Shareholding Details

As of 2026-03-31

Promoter44.7%
FII10.8%
DII28.3%
Institutions39.1%
Public16.2%
Promoter Pledge0%
No. of Shareholders34,886
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodDec 2023Feb 2024Feb 2024Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Promoters46.9%45.7%45.7%45.7%45.7%45.4%45.4%45.4%45.4%44.9%44.7%44.7%
FIIs13.4%13.1%13.1%13.1%12.7%12.2%12.3%13.3%13%12.3%12.3%10.8%
DIIs16.8%20.2%14.5%20.5%21.8%22.9%24%23.7%24.7%26.1%26.6%28.3%
Public22.9%21%26.7%20.6%19.8%19.5%18.4%17.6%16.9%16.7%16.4%16.2%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders45,25135,34135,34135,07832,05045,14842,21838,38736,08036,62735,01734,886
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Sudhir Mohanlal JatiaShareholding of Promoter and Promoter Group36.7%1.80 Cr
Safari Commercial LlpShareholding of Promoter and Promoter Group8%39,00,000
Malabar India Fund LimitedPublic Shareholding4.8%23,30,479
Hsbc Mutual Fund - Hsbc Small Cap FundPublic Shareholding4.4%21,60,503
Invesco India Smallcap FundPublic Shareholding3.6%17,40,998
Lighthouse India Fund Iv AifPublic Shareholding3.1%15,08,916
Dsp Small Cap FundPublic Shareholding2.7%13,00,000
Canara Robeco Mutual Fund A/c Canara RobPublic Shareholding2%9,68,436
Ashish KacholiaPublic Shareholding1.8%9,00,000
Icici Prudential Flexicap FundPublic Shareholding1.8%8,96,195
Shalini Sanjay Jatia .Public Shareholding1.7%8,12,144
Mirae Asset Small Cap FundPublic Shareholding1.6%7,98,184
Pi Opportunities Aif V LlpPublic Shareholding1.5%7,54,703
Rajeev Chitrabhanu HufPublic Shareholding1.5%7,49,742
Sbi Life Insurance Co. LtdPublic Shareholding1.5%7,36,699
Sundaram Mutual Fund A/c Sundaram SmallPublic Shareholding1.3%6,41,070
Neeti Sudhir JatiaShareholding of Promoter and Promoter Group0%0
Shivani Sudhir JatiaShareholding of Promoter and Promoter Group0%0
Tanisha Sudhir JatiaShareholding of Promoter and Promoter Group0%0
Banyan Rooted LlpShareholding of Promoter and Promoter Group0%0
Stj Commercial LlpShareholding of Promoter and Promoter Group0%0
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Sudhir Mohanlal Jatia00%2026-03-31
Neeti Sudhir Jatia00%2026-03-31
Shivani Sudhir Jatia00%2026-03-31
Tanisha Sudhir Jatia00%2026-03-31
Safari Commercial Llp00%2026-03-31
Banyan Rooted Llp00%2026-03-31
Stj Commercial Llp00%2026-03-31
Hsbc Mutual Fund - Hsbc Small Cap Fund00%2026-03-31
Invesco India Smallcap Fund00%2026-03-31
Dsp Small Cap Fund00%2026-03-31
Canara Robeco Mutual Fund A/c Canara Rob00%2026-03-31
Icici Prudential Flexicap Fund00%2026-03-31
Board of Directors
NameDesignationYear
Sudhir JatiaChairman / Executive Director / M D / Promoter2026
Sridhar BalakrishnanIndependent Non Exe. Director2026
Aseem DhruIndependent Non Exe. Director2026
Piyush GoenkaNon-Exec & Non-Independent Dir2026
Sumeet NagarNon-Exec & Non-Independent Dir2026
SANJIV KAKKARIndependent Non Exe. Director2026
Manjaree ChowdharyIndependent Non Exe. Director2026
Abhijaat SinhaCompany Sec. & Compli. Officer2026
Segments — Product
SegmentRevenueShare
Luggage Business₹0 Cr—
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹2201010
Corporate Actions
TypeDateValueRemark
forthcoming2026-07-17Dividend (2/- per share)Final
dividend2025-11-14₹2 (100%)Interim
dividend2025-07-18₹1.5 (75%)Final
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2026990001001,001
202627000027
202670900100720
Insider / Designated-Person Trades

30 recent disclosure(s)

NIDHISH GARGDisposal · 1,624
VINEET PODDARDisposal · 5,000
VINEET PODDARDisposal · 3,009
VINEET PODDARPledge · 4,000
SAFARI COMMERCIAL LLPDisposal · 1,00,000
SIDDHARTH GAUTAMDisposal · 1,500
Company Information
Incorporated1980
ChairmanSudhir Jatia
AuditorWalker Chandiok & Co LLP
Investor Email[email protected]; [email protected]
🌐 www.safaribags.com ↗

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