Safari Industries (India) Ltd Latest Updates

Recent Market Performance The stock has recently experienced a downward trend, touching a 52-week low near ₹1,363 in early May 2026. As of May 8, 2026, the share price is trading around ₹1,538, reflecting a significant correction from its 52-week high of ₹2,507. Technical indicators show the stock is currently trading below its 50-day and 200-day moving averages. Financial Highlights (Quarter Ended Dec 2025) Profitability: The company reported a Profit After Tax (PAT) of ₹32.89 crore, which was a decline of approximately 29.9% compared to the previous quarter. Income: Total income stood at ₹518.47 crore, down 3.86% from the prior quarter. Margins: Operating profit margins saw a dip, ending the December quarter at roughly 8.49%, compared to higher double-digit margins in previous cycles. Corporate Actions & Debt Status Debt Profile: Safari maintains a strong balance sheet with a very low Debt-to-Equity ratio of 0.11. The company has consistently worked on reducing its long-term borrowings. RTA Change: In April 2026, the company finalized a change in its Registrar and Share Transfer Agent (RTA), effective from April 21, 2026. Credit Rating: A fresh credit rating intimation was filed with the exchanges on April 24, 2026, maintaining its stable financial outlook. Shareholding Trends Promoter Holding: Remains stable at 44.7% as of the March 2026 quarter. Institutional Shift: There has been a notable increase in Domestic Institutional Investor (DII) holdings, rising to 28.3% in March 2026, while Foreign Institutional Investor (FII) holdings slightly decreased to 10.8%. Operations & Expansion The company continues its focus on the Hard Luggage segment (Polypropylene and Polycarbonate), which is manufactured in-house at its Halol, Gujarat plant. Recent management updates indicate ongoing efforts toward automation in frame bending and the expansion of luggage assembly capacities to manage costs.