profit from every ₹100 of sales.
₹0₹100
Safari Industries (India)
₹1,306.70+6.14% today
-43.1% in 1 year
1-year low ₹1,181.101-year high ₹2,295.40
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹38.17 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Safari Industries (India) sold, what it kept, and what it did with the cash.
Sales went from ₹12.1 billion in 2023 to ₹20.5 billion in 2026, with ₹1.68 billion of profit last year.
SalesProfit
Safari Industries (India) handed back 17% of the cash it generated last year.
₹171M
Free cash flow 2026₹1.0B
Bought back its own shares–
Paid as dividends₹171M
Cash vs. debt₹85M vs. ₹1.2B
Safari Industries (India) vs. similar companies
Safari Industries (India) grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Safari Industries (India) | 38.2× · Expensive | ||
 Nike | 18.3× · Fair price | ||
 Adidas | 22.3× · Fair price | ||
 ASICS | 36.5× · Expensive | ||
 Zhejiang China Commodities City Group | 15.7× · Fair price |
AI analysis
An AI analyst reads Safari Industries (India)'s last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 12,084 | 15,470 | 17,716 | 20,470 | |
| 4,908 | 6,965 | 8,092 | 9,643 | |
| 1,661 | 2,267 | 1,659 | 2,002 | |
| 2,063 | 2,909 | 2,535 | 2,956 | |
| 1,251 | 1,758 | 1,428 | 1,678 | |
| 26.21 | 36.73 | 29.16 | – | |
| 40.6% | 45.0% | 45.7% | 47.1% | |
| 13.7% | 14.7% | 9.4% | 9.8% | |
| 10.4% | 11.4% | 8.1% | 8.2% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 7,480 | 11,442 | 13,192 | 14,464 |
| Cash | 29 | 390 | 116 | 85 |
| Total debt | 1,394 | 1,463 | 1,248 | 1,166 |
| Total liabilities | 3,223 | 3,208 | 3,657 | 3,317 |
| 4,257 | 8,235 | 9,535 | 11,147 | |
| 48 | 48 | 49 | – | |
| 23.0% | 18.5% | 13.5% | 13.7% | |
| 29.4% | 21.3% | 15.0% | 15.1% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 506 | 2,169 | 573 | 1,734 | |
| 503 | 1,112 | 1,454 | 704 | |
| 3 | 1,057 | -881 | 1,029 | |
| Dividends paid | 53 | 106 | 146 | 171 |
| – | – | – | – | |
| 47 | 40 | 26 | 107 |
Valuation
- 38.2×
- –
- –
- 6.7×
- 3.1×
- 62.2×
- 22.0×
- 1.6%
- 2.6%
- 0.3%
Profitability
- 47.1%
- 9.8%
- 8.2%
- –
- 13.7%
- 17.2%
- –
- –
- –
- –
Growth
- +19.2%
- –
- –
- –
- +1.1%
Financial health
- 0.4×
- 0.10
- –
- 26.1×
- 3.79
- –
- –
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 20%of 978
Top 42%of 992
Bottom 21%of 854
Top 19%of 993
Bottom 28%of 979
0.3%of the share price, paid each year
On $1,000 invested$3a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
10.2% of its profit
Room to growStretchedMore than it earns: 16.6%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
57No pass
Benjamin Graham
49No pass
Philip Fisher
54No pass
Peter Lynch
78Pass
Joel Greenblatt
15No pass
Charlie Munger
49No pass
Terry Smith
43No pass
Questions about Safari Industries (India)
Is Safari Industries (India) a good stock to buy?
A solid business, but the price is high. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Safari Industries (India) AI analysis
What does Safari Industries (India) do?
Safari Industries (India) Limited designs, manufactures, and markets luggage, backpacks, and travel accessories in India. It is in Footwear & Accessories, based in Mumbai, India.
Does Safari Industries (India) pay a dividend?
Yes. At today's price the dividend is 0.3% a year, about 10% of its yearly profit. In 2026 it paid out ₹171 million in dividends.
Is Safari Industries (India) stock halal?
Yes. Safari Industries (India) passes our halal screen: its business is permitted and its debt is 2% of its market value, under the 30% limit. How we check
How has Safari Industries (India) stock done over the past year?
Down 43.1% over the past twelve months, to ₹1,306.70. It traded between ₹1,181.10 and ₹2,295.40 and is 43.1% below its high.
Who are Safari Industries (India)'s competitors?
The largest listed companies in the same industry are Nike, Adidas, ASICS and Zhejiang China Commodities City Group. The peers table on this page compares their profit, growth and price with Safari Industries (India)'s.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.