SAFARI IND (INDIA) LTD (SAFARI) financials

SAFARI IND (INDIA) LTD (SAFARI) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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 imp…

Market Cap: ₹6,444Cr.
Current Price: ₹1,315
Stock P/E: 56.5
ROE: 12.7%
ROCE: 15.6%
Book Value: ₹208
Dividend Yield: 0.30%
52W High / Low: ₹2,507/1,280

In Jun 2026, SAFARI IND (INDIA) LTD (SAFARI) reported sales ₹587 Cr and net profit ₹29 Cr.

Annual TTM: sales ₹2,102 Cr, net profit ₹114 Cr.

Shareholding: Promoters 44.70% (Sep 2026), FIIs 10.95% (Sep 2026), DIIs 28.54% (Sep 2026), Government 0.00% (Sep 2026), Public 15.81% (Sep 2026).

SAFARI quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	457	442	421	527	533	512	471	587
Expenses	425	406	373	471	486	486	422	545
Operating Profit	32	36	48	57	46	25	48	42
OPM %	7%	8%	11%	11%	9%	5.0%	10%	7%
Other Income	10	10	9	9	9	10	10	10
Interest	2	2	2	2	2	2	2	2
Depreciation	12	11	11	12	11	11	11	12
Profit before tax	28	33	44	52	42	22	46	38
Tax %	22%	22%	24%	24%	23%	20%	23%	23%
Net Profit	22	26	33	40	33	17	35	29
EPS in Rs	4.46	5.22	6.85	8.12	6.68	3.56	7.13	5.89
Raw PDF	—	—	—	—	—	—	—	—

SAFARI profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	681	328	705	1,211	1,549	1,770	2,043	2,102
Expenses	610	333	649	1,029	1,311	1,602	1,865	1,940
Operating Profit	71	-6	56	181	238	167	177	162
OPM %	10%	-1.7%	8%	15%	15%	9%	9%	8%
Other Income	1	3	-2	11	16	38	37	39
Interest	10	6	5	6	7	7	8	8
Depreciation	22	20	19	29	43	46	45	45
Profit before tax	40	-29	30	157	204	152	162	148
Tax %	24%	-28%	23%	24%	24%	23%	23%	—
Net Profit	31	-21	23	119	154	118	125	114
EPS in Rs	6.83	-4.66	5.14	25.09	31.68	24.04	25.47	23.26
Dividend Payout %	0%	0%	8%	7%	13%	12%	16%	—

SAFARI balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	4	4	4	4	5	10	10	10
Reserves	195	225	274	297	415	786	891	1,009
Borrowings	104	114	41	54	108	120	107	115
Other Liabilities	80	71	77	109	168	160	172	170
Total Liabilities	385	415	396	464	695	1,077	1,179	1,304
Fixed Assets	29	79	67	82	118	142	139	151
CWIP	0	0	0	0	0	0	0	0
Investments	0	0	0	20	36	278	181	216
Other Assets	356	335	329	362	541	657	859	937
Total Assets	385	415	396	464	695	1,077	1,179	1,304

SAFARI cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-39	70	112	16	42	179	-13	114
Cash from Investing Activity	-6	-21	-98	-5	-36	-342	76	-61
Cash from Financing Activity	45	-49	-10	-14	-6	175	-66	-56
Net Cash Flow	-0	0	4	-2	0	11	-3	-3
Free Cash Flow	-47	49	104	4	30	163	-25	101
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	-43%	117%	-2,011%	33%	42%	96%	12%	85%

SAFARI shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	45.41%	45.41%	45.41%	44.90%	44.70%	44.70%	44.70%	44.70%
FIIs	12.26%	13.25%	13.05%	12.30%	12.32%	10.81%	10.56%	10.95%
DIIs	23.97%	23.71%	24.68%	26.11%	26.56%	28.30%	28.26%	28.54%
Government	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	18.37%	17.63%	16.86%	16.70%	16.42%	16.20%	16.47%	15.81%
No. of Shareholders	42,218	38,387	36,080	36,628	35,017	34,886	36,853	35,380

SAFARI key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	90	79	101	59	51	39	50	47
Inventory Days	205	155	223	123	129	105	111	86
Days Payable	75	59	138	84	79	58	50	40
Cash Conversion Cycle	220	175	185	98	101	86	111	93
Working Capital Days	104	89	136	80	66	55	85	71
ROCE %	17%	16%	-7%	13%	37%	29%	16%	16%

SAFARIUpdated 18 Oct 2026, 5:17

Safari Ind (india) Ltd

SAFARIUpdated 18 Oct 2026, 5:17

Market Cap

₹6,444Cr.

Current Price

₹1,315

High / Low

₹2,507/1,280

Stock P/E

56.5

ROE12.7%

ROCE15.6%

Book Value₹208

Face Value₹2.00

Dividend Yield0.30%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	426	2	355	3	11	61	25	46	9.68
Sep 2023	370	2	316	3	10	45	24	34	7.17
Dec 2023	388	2	332	4	11	47	25	36	7.49
Mar 2024	365	2	308	6	11	51	23	39	7.97
Jun 2024	449	2	398	10	12	48	23	37	7.53
Sep 2024	457	2	425	10	12	28	22	22	4.46
Dec 2024	442	2	406	10	11	33	22	26	5.22
Mar 2025	421	2	373	9	11	44	24	33	6.85
Jun 2025	527	2	471	9	12	52	24	40	8.12
Sep 2025	533	2	486	9	11	42	23	33	6.68
Dec 2025	512	2	486	10	11	22	20	17	3.56
Mar 2026	471	2	422	10	11	46	23	35	7.13
Jun 2026	587	2	545	10	12	38	23	29	5.89

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	211	3	198	-1	3	6	27	4	1.07
Mar 2016	269	3	251	1	4	12	35	8	1.88
Mar 2017	342	4	318	0	5	15	34	10	2.42
Mar 2018	417	3	375	1	6	33	36	21	4.77
Mar 2019	573	4	520	1	8	41	34	27	6.04
Mar 2020	681	10	610	1	22	40	24	31	6.83
Mar 2021	328	6	333	3	20	-29	-28	-21	-4.66
Mar 2022	705	5	649	-2	19	30	23	23	5.14
Mar 2023	1211	6	1029	11	29	157	24	119	25.09
Mar 2024	1549	7	1311	16	43	204	24	154	31.68
Mar 2025	1770	7	1602	38	46	152	23	118	24.04
Mar 2026	2043	8	1865	37	45	162	23	125	25.47
TTM	2102	8	1940	39	45	148	—	114	23.26

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	44.7%
FIIs	10.95%
DIIs	28.54%
Public	15.81%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Dec 2023	46.88%	13.44%	16.75%	0%	22.91%
Mar 2024	45.73%	13.14%	20.52%	0%	20.61%
Jun 2024	45.73%	12.69%	21.83%	0%	19.75%
Sep 2024	45.41%	12.24%	22.73%	0.01%	19.6%
Dec 2024	45.41%	12.26%	23.97%	0%	18.37%
Mar 2025	45.41%	13.25%	23.71%	0%	17.63%
Jun 2025	45.41%	13.05%	24.68%	0%	16.86%
Sep 2025	44.9%	12.3%	26.11%	0%	16.7%
Dec 2025	44.7%	12.32%	26.56%	0%	16.42%
Mar 2026	44.7%	10.81%	28.3%	0%	16.2%
Jun 2026	44.7%	10.56%	28.26%	0%	16.47%
Sep 2026	44.7%	10.95%	28.54%	0%	15.81%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	4	73	33	20	130	12	0	0	117	130
Mar 2016	4	87	58	27	176	24	0	0	152	176
Mar 2017	4	97	42	55	197	23	1	0	173	197
Mar 2018	4	168	55	47	274	31	0	0	242	274
Mar 2019	4	195	104	80	385	29	0	0	356	385
Mar 2020	4	225	114	71	415	79	0	0	335	415
Mar 2021	4	274	41	77	396	67	0	0	329	396
Mar 2022	4	297	54	109	464	82	0	20	362	464
Mar 2023	5	415	108	168	695	118	0	36	541	695
Mar 2024	10	786	120	160	1077	142	0	278	657	1077
Mar 2025	10	891	107	172	1179	139	0	181	859	1179
Mar 2026	10	1009	115	170	1304	151	0	216	937	1304

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	-32	-3	36	1
Mar 2016	-13	-15	29	1
Mar 2017	24	-6	-20	-2
Mar 2018	-48	-13	59	-2
Mar 2019	-39	-6	45	0
Mar 2020	70	-21	-49	0
Mar 2021	112	-98	-10	4
Mar 2022	16	-5	-14	-2
Mar 2023	42	-36	-6	0
Mar 2024	179	-342	175	11
Mar 2025	-13	76	-66	-3
Mar 2026	114	-61	-56	-3

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	70	74	62	86	90	79	101	59	51	39	50	47
Inventory Days	174	176	171	199	205	155	223	123	129	105	111	86
Days Payable	40	41	86	67	75	59	138	84	79	58	50	40
Cash Conversion Cycle	204	208	147	218	220	175	185	98	101	86	111	93
Working Capital Days	90	76	77	118	104	89	136	80	66	55	85	71
ROCE %	12%	12%	14%	20%	17%	16%	-7%	13%	37%	29%	16%	16%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of SAFARI IND (INDIA) LTD (SAFARI)?

The reported market capitalisation for SAFARI IND (INDIA) LTD (SAFARI) is ₹6,444Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of SAFARI?

The current price shown for SAFARI IND (INDIA) LTD (SAFARI) on Fincrux is ₹1,315 with a 52-week high/low of ₹2,507/1,280.

What is the P/E ratio of SAFARI IND (INDIA) LTD (SAFARI)?

The stock P/E for SAFARI IND (INDIA) LTD (SAFARI) is 56.5 on Fincrux, with ROE at 12.7% and ROCE at 15.6%.

What were SAFARI latest quarterly results?

For Jun 2026, SAFARI IND (INDIA) LTD (SAFARI) reported sales ₹587 Cr and net profit ₹29 Cr (figures in ₹ crore unless noted).

What are SAFARI annual sales and net profit?

For TTM, SAFARI IND (INDIA) LTD (SAFARI) shows sales of ₹2,102 Cr and net profit of ₹114 Cr on the Fincrux profit & loss statement.

Who owns SAFARI IND (INDIA) LTD (SAFARI)?

Latest shareholding for SAFARI IND (INDIA) LTD (SAFARI) on Fincrux: Promoters 44.70% (Sep 2026), FIIs 10.95% (Sep 2026), DIIs 28.54% (Sep 2026), Government 0.00% (Sep 2026), Public 15.81% (Sep 2026).

Where can I find SAFARI IND (INDIA) LTD (SAFARI) financials?

SAFARI IND (INDIA) LTD (SAFARI) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show SAFARI balance sheet and cash flow?

Yes. The SAFARI IND (INDIA) LTD (SAFARI) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 5:17