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Safari Industries (India) Limited (SAFARI.NS)

INR1,571.10 +14.60 (+0.94%)
IN NSE Consumer Cyclical Apparel - Footwear & Accessories
Address 302-303, A Wing, The Qube 400059
Mumbai, IN
CEO Sudhir Mohanlal Jatia
IPO 2019-09-12
ISIN INE429E01023

Explore sections of this company profile

Also trades on Bombay Stock Exchange · SAFARI.BO (INR) Bombay Stock Exchange · SAFARIND.BO (INR) National Stock Exchange of India · SAFARI.NS (INR)
Description

Safari Industries (India) Limited is an Indian enterprise specializing in the manufacturing and distribution of various travel baggage and associated accessories. Its extensive product line features both hardshell and soft-sided suitcases, alongside a selection of backpacks, including models for laptops, rain protection, and formal use, as well as compact overnighters. These items are sold under popular brand names like Safari, Magnum, Genius, and Genie, reaching consumers through both physical retail locations and digital sales platforms. The company, which was established in 1980, is headquartered in Mumbai, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR1,571.10 +14.60 (+0.94%)
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Volume Profile
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Liquidity & share structure
Average Volume
104.7K
Beta
-0.42
Float Shares
21.16M
Free Float %
43.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+4.79% +3.12% -4.07% -18.58% -34.28% -31.24% -34.39% +15.51% +414.17% +432.54% +432.54%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,571.10
DCF (Unlevered) 4,628.30 +194.6%
DCF (Levered) 1,479.13 -5.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 80% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 8 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
15.71
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Apparel - Footwear & Accessories: +5.0%
    +15.6% Q1'26: +12.4% (vs Q1'25)
  • EPS growth Apparel - Footwear & Accessories: +5.0%
    +17.4% Q1'26: -0.3% (vs Q1'25)
  • FCF margin FCF growth · Apparel - Footwear & Accessories: +7.7%
    +4.1% Q1'26: +4.7% (vs Q1'25)
  • EBIT margin Apparel - Footwear & Accessories: +8.8%
    +9.8% Q1'26: +9.3% (vs Q1'25)
  • ROIC Apparel - Footwear & Accessories: +7.3%
    +16.4% Q1'26: +14.2% (vs Q1'25)
  • Share dilution Apparel - Footwear & Accessories: +0.0%
    +0.1% Q1'26: -0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Apparel - Footwear & Accessories: -0.25×
    0.43× Q1'26: 0.47× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.46) × ERP
WACC = 98% × Ke + 2% × Kd (7.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 2,395.89 Current price: 1,571.10
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
10 Rev. Ana.
10 EPS Ana.
Mar 2027
10 Rev. Ana.
10 EPS Ana.
Mar 2028
10 Rev. Ana.
10 EPS Ana.
Mar 2029
5 Rev. Ana.
4 EPS Ana.
Revenue
3.59B
est: 3.71B (-3.2%)
4.17B
est: 4.14B (+1.0%)
5.77B
est: 5.89B (-2.0%)
6.84B
est: 7.01B (-2.4%)
3.27B
est: 3.24B (+0.9%)
7.04B
est: 7.12B (-1.1%)
12.12B
est: 12.10B (+0.2%)
15.50B
est: 15.74B (-1.5%)
17.72B
est: 17.94B (-1.2%)
20.54B
20.19B – 20.89B
+14.5% YoY
23.88B
23.12B – 25.26B
+16.3% YoY
27.63B
26.56B – 29.13B
+15.7% YoY
31.87B
30.74B – 33.66B
+15.4% YoY
EBITDA
245.78M
est: 410.49M (-40.1%)
428.87M
est: 458.02M (-6.4%)
537.55M
est: 652.02M (-17.6%)
729.06M
est: 776.02M (-6.1%)
-26.27M
est: 360.74M (-107.3%)
539.27M
est: 521.27M (+3.5%)
2.06B
est: 642.21M (+221.3%)
2.91B
est: 847.47M (+243.9%)
2.25B
est: 5.29B (-57.5%)
5.98B
5.88B – 6.08B
+13.0% YoY
6.95B
6.73B – 7.35B
+16.3% YoY
8.04B
7.73B – 8.48B
+15.7% YoY
9.28B
8.94B – 9.79B
+15.4% YoY
EBIT
192.63M
est: 273.37M (-29.5%)
367.11M
est: 305.02M (+20.4%)
454.46M
est: 434.21M (+4.7%)
464.36M
est: 516.79M (-10.1%)
-230.51M
est: 342.79M (-167.2%)
340.37M
est: 495.34M (-31.3%)
1.73B
est: 610.26M (+183.5%)
2.39B
est: 805.31M (+197.0%)
1.66B
est: 5.03B (-67.0%)
5.68B
5.59B – 5.78B
+13.0% YoY
6.61B
6.40B – 6.99B
+16.3% YoY
7.65B
7.35B – 8.06B
+15.7% YoY
8.82B
8.51B – 9.31B
+15.4% YoY
Net Income
98.39M
est: 114.20M (-13.8%)
215.38M
est: 229.31M (-6.1%)
272.07M
est: 323.21M (-15.8%)
306.64M
est: 379.77M (-19.3%)
-208.97M
est: 203.16M (-202.9%)
223.68M
est: 293.58M (-23.8%)
1.25B
est: 361.69M (+245.9%)
1.76B
est: 477.29M (+268.4%)
1.43B
est: 1.40B (+1.6%)
1.84B
1.58B – 2.10B
+31.2% YoY
2.28B
1.92B – 2.66B
+23.4% YoY
2.79B
2.46B – 3.15B
+22.8% YoY
2.89B
2.76B – 3.10B
+3.4% YoY
SGA
329.78M
est: 422.39M (-21.9%)
383.98M
est: 471.30M (-18.5%)
570.64M
est: 670.92M (-14.9%)
767.22M
est: 798.52M (-3.9%)
375.14M
est: 1.44B (-73.9%)
660.79M
est: 2.07B (-68.1%)
1.21B
est: 2.56B (-52.7%)
1.80B
est: 3.37B (-46.5%)
2.57B
est: 2.07B (+24.0%)
2.34B
2.30B – 2.38B
+13.0% YoY
2.72B
2.63B – 2.88B
+16.3% YoY
3.15B
3.03B – 3.32B
+15.7% YoY
3.63B
3.50B – 3.84B
+15.4% YoY
EPS
4.91
est: 2.33 (+110.5%)
10.08
est: 4.68 (+115.3%)
5.74
est: 6.60 (-13.0%)
6.86
est: 7.76 (-11.5%)
-4.41
est: -5.43 (+18.7%)
5.00
est: 6.38 (-21.7%)
26.38
est: 26.20 (+0.7%)
36.90
est: 35.75 (+3.2%)
29.24
est: 28.32 (+3.3%)
37.64
32.33 – 42.83
+32.9% YoY
46.46
39.18 – 54.30
+23.4% YoY
57.05
50.28 – 64.38
+22.8% YoY
59.00
56.27 – 63.29
+3.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-20 B 3/5 3/5 4/5 5/5 3/5 1/5 1/5
2026-05-19 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-18 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-15 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-14 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-13 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
689.49M
OE per share TTM
14.08
Owner's Yield
0.94%
Maintenance CapEx ratio
55.10%
Maint CapEx / Avg PPE
17.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
2.00M
Shares Outstanding
48.99M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Sudhir Mohanlal Jatia Chairman & MD 28M male
Vineet Poddar Chief Financial Officer 12M male
Rameez Abdul Hamid Shaikh Company Secretary & Compliance Officer 3M male
Manish Bhatia Chief Human Resource Officer male
Pushkar Jain Chief Marketing Officer male
Satyabrata Mitra Senior Vice President of Canteen Sales Department male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits