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Prices as of 8 Oct 2026 close · Not investment advice

Safari Industries (India) Limited

NSE: SAFARIPlastic Products - Consumer

Share price

₹1,319.60

+2.35% close of 9 Oct 2026

Market cap ₹6,317 CrP/E 39.1 (as of 8 Oct 2026)

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

73

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹6,317 Cr

P/E ratio

39.1

P/B ratio

5.7

ROCE

19.3%

ROE

15.9%

Dividend yield

0.3%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹2,492.6052-week low ₹1,289.30

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step down at Jun 2020 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step down at Jun 2020 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

At 39.1× earnings it costs 1.6× the market, which pays 23.9× across 2199 companies we can price. Its own industry sits at 38.4×, across 4 companies. It is against its own five-year median of 62.7×, the 0th percentile of its own range.

Whether growth justifies the valuation

Priced at 3.9 times its growth rate, on earnings growth of 10%.

Profit growthPrice per ₹1 profitPer 1% growth
Safari Industries (India) Limited — this one10%/yr39.1×₹3.9
Shaily Engineering Plastics Limited69%/yr77.7×₹1.1
VIP Industries Limited———
Nilkamal Limited-2%/yr20.6×—
PIL ITALICA LIFESTYLE LIMITED11%/yr56.1×₹5.1
AVRO INDIA LIMITED—18.4×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Plastic Products - Consumer), it ranks 2 of 10 on returns, 1 of 10 on growth, 4 of 10 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 19.3% on capital, ahead of 80% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹514 crore of cash from the business, spent ₹415 crore on plant and equipment, and returned ₹22 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 82 arrived as cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 9 checks clear · 100%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue grew 11% from a year ago while profit slipped 5%

Announced 5 Aug 2026 · Consolidated · Unaudited

Revenue

₹589 Cr

Revenue vs last year

+11.5%

Revenue vs last quarter

+24.4%

Net profit

₹48 Cr

Profit vs last year

-4.5%

Profit vs last quarter

+29.1%

Net margin

8.1%

EPS

₹9.75

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹6,317 Cr
Prev close
₹1,319.60
52w High
₹2,507
52w Low
₹1,280
Enterprise value
₹6,280 Cr
Beta
0.6
Price CAGR 1y
-42.0%
Price CAGR 3y
-15.0%
Price CAGR 5y
25.0%
Price CAGR 10y
29.0%

Ratios

Return on assets
11.7%
PEG ratio
3.8
P/E ratio
39.1
P/B ratio
5.7
EV / EBITDA
23.5
Industry P/E
38.2
ROCE
19.3%
ROCE 5y average
23.8%
ROE
15.9%
Debt / Equity
0.1
Interest coverage
25.0
Dividend yield
0.3%
ROE 3y average
19.0%
ROE last year
16.0%

Annual P&L

Annual revenue
₹2,047 Cr
Annual profit
₹168 Cr
Operating margin
13.0%
Net profit margin
8.2%
EBITDA margin
13.2%
Sales growth 3y
19.1%
Sales growth 5y
44.2%
Profit growth 3y
10.0%
Profit growth 5y
59.0%
EPS
₹34.2
Sales growth TTM
14.0%
Profit growth TTM
11.0%
Dividend payout
12.0%

Quarter P&L

Sales latest quarter
₹589 Cr
Profit latest quarter
₹48 Cr
YoY quarterly sales growth
11.5%
YoY quarterly profit growth
-4.0%
OPM latest quarter
12.8%

Balance Sheet

Book Value
₹223
Face Value
₹2.0
Total debt
₹117 Cr
Total cash
₹270 Cr
Borrowings
₹117 Cr
Reserves / Equity
110.5

Cash Flow

Operating cash flow
₹173 Cr
Free cash flow
₹105 Cr
FCF yield
1.5%
Net cash flow
-₹3 Cr

Shareholding

Promoter holding
44.7%
FII holding
10.6%
DII holding
28.3%
Public holding
16.5%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Shaily Engineer.3,061.9579.214,0830.1052.545.9274.822.130.2
Safari Inds.1,305.0538.76,3940.3047.8-5.4588.611.519.3
V I P Inds.278.853,9610.00-53.6-259.7578.43.0-28.9
Nilkamal Ltd1,860.0020.62,7751.0524.459.6819.7-7.210.6
Bai-Kakaji Poly.295.0528.86320.0013.3192.021.2
Essen Speciality110.902750.000.4-79.831.7-23.1-1.1
Atharva Poly-Plast124.9032.52100.0038.2
Median278.8532.56320.008.4-20.7233.43.014.3

Competes with: AVRO INDIA LIMITED, Nilkamal Limited, Niraj Ispat Industries Limited, PIL ITALICA LIFESTYLE LIMITED, Pearl Polymers Limited, Shaily Engineering Plastics Limited, Tokyo Plast International Limited, VIP Industries Limited, Wim Plast Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales427370388365450458443421528534512473589
Expenses348307320299384410392360449460457411513
Material Cost155151177146165201
Change in Inventories-83407.199.96-2640
Purchases of Stock-in-Trade141959811810185
Employee Cost313135393838
Other Expenses115131142144133149
Operating Profit79636867664850617974566275
OPM %19171818151011141514111313
Other Income2345877666677
Exceptional items (within Other Income)000000
Interest3222222222223
Depreciation13121314141515151718181819
Profit before tax66525756583841496560424961
Tax %24232423232224242322212422
Net Profit50404343443031385047333748
EPS in Rs118.359.028.869.116.076.377.69109.586.717.659.75
Diluted EPS in Rs7.67109.586.707.659.74

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2112713444195786863287051,2121,5501,7722,0472,108
Expenses1982523193775256143346491,0151,2731,5461,7761,841
Material Cost593639
Change in Inventories-7232
Purchases of Stock-in-Trade442412
Employee Cost119144
Other Expenses465550
Operating Profit121924425372-656197278225271267
OPM %67710911-1.7081618131313
Other Income-1101113-2914282426
Exceptional items (within Other Income)00
Interest33434106581098.619
Depreciation345682220203352597172
Profit before tax61216344140-2929165230186216212
Tax %273534363424-282324242322
Net Profit4810222731-2122125176143168165
EPS in Rs1.061.872.454.846.096.86-4.674.992636293434
Diluted EPS in Rs2934
Dividend Payout %968540087111012

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
22%
5 years
44%
3 years
19%
TTM
14%

Compounded profit growth

10 years
36%
5 years
59%
3 years
10%
TTM
11%

Stock price CAGR

10 years
29%
5 years
25%
3 years
-15%
1 year
-42%

Return on equity

10 years
17%
5 years
20%
3 years
19%
Last year
16%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital444444445109.789.80
Reserves7287971681962262752974218149441,105
Borrowings335842551041144156139146125117
Other Liabilities20275547817177112182173238211
Minority Interest00
Total Liabilities1301771982753864163974697471,1431,3161,442
Fixed Assets1224233229796796184293414456
CWIP00100002001121
Investments000000000149313
Other Assets117152174243357336330353563700887972
Total Assets1301771982753864163974697471,1431,3161,442

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-32-1324-48-3871111165121757173
Cash from Investing Activity-3-15-6-13-7-21-98-4-70-345-10-103
Cash from Financing Activity3629-205945-50-10-1420164-75-73
Net Cash Flow11-2-2-013-2136-27-3
Free Cash Flow-36-2919-62-4750103-273106-88105

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days7073628589781015951395047
Inventory Days174180172199206155223123144124138116
Days Payable4042876876591388490707959
Cash Conversion Cycle2042111472172191741859810593109103
Working Capital Days907576118102881367265537468
ROCE %121214201716-71337311919

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters474746464545454545454545
FIIs131313131212131312121111
DIIs181721222324242526272828
Government00000.010000000
Public232321202018181717161616
No. of Shareholders31,30745,25135,07832,05045,14842,21838,38736,08036,62835,01734,88636,853

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -41.8% (₹2,268.40 → ₹1,319.60)Brick size ₹44.00 (fixed)Bricks 64
₹1,500₹2,000₹2,500₹1,320Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹1,319.60 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-166inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,89,71,270inr

2026-03-31

News

News and filings about Safari Industries (India) Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • Polycarbonate (PC) resin
  • Polypropylene (PP) resin
  • packing materials
  • premium fabrics for soft luggage (largely imported finished/semi-finished)

Depends on the price of

  • propylene

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Durables
Industry
Plastic Products - Consumer
Classification
Consumer Durables › Plastic Products - Consumer
ISIN
INE429E01023

Plants

  • Halol hard-luggage factory
  • Safari Manufacturing - Jaipur greenfield (Mahindra World City)

News impact

Big market events that reach Safari Industries (India) Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

17 Jul 2026unspecified₹2
14 Nov 2025interim₹2
18 Jul 2025unspecified₹1.5
19 Nov 2024interim₹1.5
12 Jul 2024unspecified₹1.5
12 Dec 2023bonus₹0
10 Nov 2023interim₹2.5
14 Jul 2023unspecified₹2

Splits, bonuses & buybacks

  • daily-prices repair: 7 rows from NSE's archive (replace 1, delete 0, insert 6), 2020-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2020

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
20 Aug 2026ABHISHEK KUMAR · Designated PersonSELL2,9550.44
20 Aug 2026ABHISHEK KUMAR · Designated PersonBUY1,7550.00

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.