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Safari Industries (India) Ltd

SAFARI

Safari Industries (India) Ltd

SAFARI
Consumer DiscretionaryApparel & Accessories
SmallcapWith a market cap of ₹13,204 cr, stock is ranked 461
Moderate RiskStock is 2.36x as volatile as Nifty
2,691.950.34% (-9.05)
2,691.950.34% (-9.05)

Price Chart

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1M
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Consumer DiscretionaryApparel & Accessories
SmallcapWith a market cap of ₹13,204 cr, stock is ranked 461
Moderate RiskStock is 2.36x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryApparel & Accessories
SmallcapWith a market cap of ₹13,204 cr, stock is ranked 461
Moderate RiskStock is 2.36x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
82.7516.100.15%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
39.166.810.72%

Forecast & Ratings

Detailed Forecast 
78%
Analysts have suggested that investors can buy this stock

from 9 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

The company is engaged in manufacturing and trading of luggage travel goods. The Company's product range includes polycarbonate (PC) zippered luggage. It also offers products under various categories, such as laptop bags and backpacks.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 21.99%, vs industry avg of 7.66%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 1.55% to 2.73%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 45.23%, vs industry avg of 6.65%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue278.90344.63419.99578.96686.82331.31713.151,221.441,564.301,685.52
Raw Materialssubtract170.27217.23243.17392.46359.31140.15460.08781.01785.791,412.72
Power & Fuel Costsubtract2.032.612.043.554.722.355.299.8414.95
Employee Costsubtract29.1540.0952.2265.5776.8059.8866.3985.7997.60
Selling & Administrative Expensessubtract48.1354.4665.8753.6151.7419.4930.12134.14209.64
Operating & Other expensessubtract10.025.6713.8110.01121.35112.0797.354.34164.91
Depreciation/Amortizationsubtract4.075.136.188.3122.4720.4219.8933.3151.7955.51
Interest & Other Itemssubtract3.283.902.894.4710.215.794.927.979.509.46
Taxes & Other Itemssubtract4.205.3612.2813.779.55-7.946.7439.9554.3147.65
EPS0.951.232.503.054.58-4.675.0027.1336.5532.85
DPS0.120.200.250.250.000.000.401.754.002.75
Payout ratio0.130.160.100.080.000.000.080.060.110.08

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryApparel & Accessories

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Safari Industries (India) Ltd75.3916.100.15%
Page Industries Ltd96.2334.300.75%
Raymond Lifestyle Ltd5.645.31
Arvind Ltd34.173.181.08%

Price Comparison

Compare SAFARI with any stock or ETF
Compare SAFARI with any stock or ETF
SAFARI
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding45.42%16.96%5.93%12.24%19.46%

Feb 2024

Mar 2024

Jun 2024

Sep 2024

Shareholding History

SepDec '23FebMarJunSep12.95%13.44%13.06%13.14%12.69%12.24%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Safari Industries (India) Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HDFC Small Cap Fund - Growth - Direct Plan

Growth
3.3856%1.32%-0.13%28/92 (-3)
DSP Small Cap Fund - Growth - Direct Plan

Growth
3.1592%2.58%0.15%7/79 (+3)
ICICI PRUDENTIAL FLEXICAP FUND DIRECT PLAN GROWTH

Growth
1.2950%1.01%0.73%47/77 (+19)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateNov 19, 2024

Interim
Interim | Div/Share: ₹1.50

Dividend/Share

1.50

Ex DateEx Date

Nov 19, 2024

Cash Dividend

Ex DateEx DateJul 12, 2024

Final
Final | Div/Share: ₹1.50

Dividend/Share

1.50

Ex DateEx Date

Jul 12, 2024

Cash Dividend

Ex DateEx DateNov 10, 2023

Interim
Interim | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Nov 10, 2023

Cash Dividend

Ex DateEx DateJul 14, 2023

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Jul 14, 2023

Cash Dividend

Ex DateEx DateFeb 17, 2023

Interim
Interim | Div/Share: ₹1.50

Dividend/Share

1.50

Ex DateEx Date

Feb 17, 2023

News & Opinions
Spotlight
Safari Inds gains as arm commences production at new mfg facility in Jaipur

According to the regulatory filing the company said 'this is to inform that Safari Manufacturing, the wholly owned subsidiary of the company, after completion of trial-runs, has successfully commenced its commercial production of luggage on 2 nd December 2024 at its newly set up greenfield manufacturing facility at Jaipur, Rajasthan.' Safari Industries (India) is engaged in the manufacturing and marketing of luggage and luggage accessories. Safari Industries (India) reported 25.40% decrease in consolidated net profit to Rs 29.66 crore in Q2 FY25 as compared to Rs 39.76 crore recorded in Q2 FY24. However, revenue from operations grew by 23.72% year on year (YoY) to Rs 457.79 crore in the quarter ended 30 September 2024. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Safari Manufacturing commences production at its new plant in Jaipur

Safari Industries (India)  announced that Safari Manufacturing, the wholly owned subsidiary of the Company, after completion of trial-runs, has successfully commenced its commercial production/manufacturing of luggage today i.e. 2 December 2024 at its newly set up greenfield manufacturing facility at Jaipur, Rajasthan. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Board of Safari Industries (India) recommends Interim Dividend

Safari Industries (India) announced that the Board of Directors of the Company at its meeting held on 08 November 2024, has recommended a Interim dividend of Rs.1.50 per share (i.e.75%), subject to the approval of the shareholders.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Safari Industries (India) consolidated net profit declines 25.40% in the September 2024 quarter

Net profit of Safari Industries (India) declined 25.40% to Rs 29.66 crore in the quarter ended September 2024 as against Rs 39.76 crore during the previous quarter ended September 2023. Sales rose 23.72% to Rs 457.79 crore in the quarter ended September 2024 as against Rs 370.02 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales457.79370.02 24 OPM %10.4617.15 - PBDT52.5164.14 -18 PBT37.8451.89 -27 NP29.6639.76 -25 Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Safari Industries Q2 PAT tumbles 25% YoY to Rs 30 crore

However, revenue from operations grew by 23.72% year on year (YoY) to Rs 457.79 crore in the quarter ended 30 September 2024. Profit before tax stood at Rs 37.84 crore during the second quarter of FY25, down 27.07% from Rs 51.89 crore posted in same quarter last year. Total expenses spiked 33.01% YoY to Rs 427 crore in September 2024 quarter. Cost of material consumed was at Rs 148.63 crore (up 53.03% YoY) and employee benefits expenses stood at Rs 30.18 crore (up 21.54% YoY) during the quarter. On standalone basis, the company's net profit fell 36.04% to Rs 21.82 crore in Q2 FY25 as against 34.12 crore reported in Q2 FY24. However, revenue from operation increased by 23.72% YoY to Rs 457.32 crore posted in Q2 FY25. Meanwhile, the company's board declared an interim dividend of Rs 1.50 per share for FY25. The said interim dividend will be paid on or before 6 December 2024. Safari Industries (India) is engaged in the manufacturing and marketing of luggage and luggage accessories. Shares of Safari Industries (India) fell 0.81% to currently trade at Rs 2,241.55 on the BSE.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Safari Industries allots 4,200 equity shares under ESOS

The Board of Safari Industries (India) at its meeting held on 08 November 2024 has approved the allotment of 4,200 equity shares under ESOS. Consequently, the paid up equity share capital has increased from Rs. 9,77,63,590 to Rs. 9,77,71,990/-. The Board also approved the grant of 4,200 Employee Stock Appreciation Rights ('ESAR') to eligible employees of the Company under the Safari Employees Stock Appreciation Rights Scheme 2022Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Safari Industries (India) announces board meeting date

Safari Industries (India) will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Safari Industries (India) consolidated net profit declines 11.07% in the June 2024 quarter

Net profit of Safari Industries (India) declined 11.07% to Rs 44.41 crore in the quarter ended June 2024 as against Rs 49.94 crore during the previous quarter ended June 2023. Sales rose 5.47% to Rs 450.02 crore in the quarter ended June 2024 as against Rs 426.68 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales450.02426.68 5 OPM %14.6418.52 - PBDT71.7478.68 -9 PBT57.5165.75 -13 NP44.4149.94 -11 Powered by Capital Market - Live

4 months agoCapital Market - Live
Spotlight
Volumes jump at Safari Industries (India) Ltd counter

Sapphire Foods India Ltd, EIH Ltd, V I P Industries Ltd, K P R Mill Ltd are among the other stocks to see a surge in volumes on NSE today, 07 August 2024.Safari Industries (India) Ltd witnessed volume of 13.26 lakh shares by 14:14 IST on NSE, a 17.38 times surge over two-week average daily volume of 76308 shares. The stock increased 3.94% to Rs.2,226.75. Volumes stood at 1.05 lakh shares in the last session.Sapphire Foods India Ltd registered volume of 25.02 lakh shares by 14:14 IST on NSE, a 11.13 fold spurt over two-week average daily volume of 2.25 lakh shares. The stock slipped 1.47% to Rs.1,631.90. Volumes stood at 72168 shares in the last session.EIH Ltd clocked volume of 61.21 lakh shares by 14:14 IST on NSE, a 6.93 times surge over two-week average daily volume of 8.83 lakh shares. The stock lost 5.77% to Rs.373.75. Volumes stood at 8.37 lakh shares in the last session.V I P Industries Ltd witnessed volume of 13.28 lakh shares by 14:14 IST on NSE, a 4.61 times surge over two-week average daily volume of 2.88 lakh shares. The stock increased 1.29% to Rs.449.95. Volumes stood at 2.56 lakh shares in the last session.K P R Mill Ltd registered volume of 38.96 lakh shares by 14:14 IST on NSE, a 4.21 fold spurt over two-week average daily volume of 9.24 lakh shares. The stock rose 0.05% to Rs.946.05. Volumes stood at 72.73 lakh shares in the last session.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Safari Industries (India) to declare Quarterly Result

Safari Industries (India) will hold a meeting of the Board of Directors of the Company on 7 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live