Safari Industries (India) Ltd

Safari Industries (India) announced that the Board of Directors of the Company at its meeting held on 19 May 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

Revenue from operations rose 12.40% year-on-year to Rs 473.30 crore for the quarter ended 31 March 2026. On a sequential basis, net profit increased 13.92%, while revenue declined 7.62% compared with the previous quarter. Total expenses increased 14.22% year-on-year to Rs 431.38 crore, driven by higher raw material and employee costs. The cost of materials consumed rose 5.80% to Rs 164.52 crore, while employee benefit expenses increased 21.97% to Rs 38.24 crore. Profit before tax (PBT) also saw a marginal decline to Rs 49.06 crore in Q4 FY26 from Rs 49.43 crore a year earlier. For the full financial year FY26, the company posted a 17.47% rise in consolidated net profit to Rs 167.76 crore, while revenue increased 15.54% to Rs 2,047.02 crore. Net cash used in operating activities stood at Rs 173.36 crore in FY26, compared with net cash from operating activities of Rs 57.32 crore in FY25. The board recommended a final dividend of Rs 2 per equity share (100%), subject to shareholder approval at the upcoming annual general meeting. If approved, the dividend will be paid on or before 3 September 2026, after applicable tax deductions. Safari Industries (India) is engaged in the manufacturing and marketing of luggage and luggage accessories. The counter added 0.31% to Rs 1,431.60 on the BSE. Powered by Capital Market - Live

Net profit of Safari Industries (India) declined 0.32% to Rs 37.47 crore in the quarter ended March 2026 as against Rs 37.59 crore during the previous quarter ended March 2025. Sales rose 12.41% to Rs 473.30 crore in the quarter ended March 2026 as against Rs 421.06 crore during the previous quarter ended March 2025. For the full year,net profit rose 17.48% to Rs 167.76 crore in the year ended March 2026 as against Rs 142.80 crore during the previous year ended March 2025. Sales rose 15.55% to Rs 2047.02 crore in the year ended March 2026 as against Rs 1771.58 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales473.30421.06 12 2047.021771.58 16 OPM %13.0614.45 -13.2312.70 - PBDT66.9664.85 3 286.96244.63 17 PBT49.0649.43 -1 216.34185.57 17 NP37.4737.59 0 167.76142.80 17 Powered by Capital Market - Live

Safari Industries (India) has allotted 1,624 equity shares under Safari Employees Stock Appreciation Rights Scheme 2022 on 19 May 2026. Consequent to the aforesaid allotment, the issued, subscribed and paid-up equity share capital of the Company will increase from Rs. 9,79,87,854/- to Rs. 9,79,91,102.

Safari Industries (India) will hold a meeting of the Board of Directors of the Company on 19 May 2026.

The term of the agreement is 20 years which may be renewed further period of 20 years at the discretion of the company. Under the terms, total license fees payable to CRL will be Rs 45 Lakh or 5% of total net sales, whichever is higher, at the end of each license year. In addition, the company will pay an interest-free refundable security deposit of Rs 99.50 crore to CRL. The deposit will be paid in tranches over a specified period, subject to the terms and conditions outlined in the agreement. Safari Industries (India) is engaged in the manufacturing and marketing of luggage and luggage accessories. The company's consolidated net profit rose 5.6% to Rs 32.89 crore on 15.7% jump in net sales to Rs 512.37 crore in Q3 FY26 over Q3 FY25. The counter fell 1.90% to Rs 1797.45 on the BSE.Powered by Capital Market - Live

KPIT Technologies Ltd, AWFIS Space Solutions Ltd, Birlasoft Ltd and Ashapura Minechem Ltd are among the other losers in the BSE's 'A' group today, 12 February 2026.Safari Industries (India) Ltd crashed 6.93% to Rs 1840 at 14:45 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 11704 shares were traded on the counter so far as against the average daily volumes of 1980 shares in the past one month.KPIT Technologies Ltd tumbled 6.66% to Rs 895.2. The stock was the second biggest loser in 'A' group.On the BSE, 1.8 lakh shares were traded on the counter so far as against the average daily volumes of 62107 shares in the past one month.AWFIS Space Solutions Ltd lost 6.51% to Rs 360.95. The stock was the third biggest loser in 'A' group.On the BSE, 6543 shares were traded on the counter so far as against the average daily volumes of 11698 shares in the past one month.Birlasoft Ltd slipped 6.16% to Rs 436.25. The stock was the fourth biggest loser in 'A' group.On the BSE, 1.06 lakh shares were traded on the counter so far as against the average daily volumes of 96252 shares in the past one month.Ashapura Minechem Ltd shed 6.16% to Rs 587.05. The stock was the fifth biggest loser in 'A' group.On the BSE, 41881 shares were traded on the counter so far as against the average daily volumes of 66563 shares in the past one month.Powered by Capital Market - Live

The board of Safari Industries (India) at its meeting held on 10 February 2026 has approved fund raising by issue of equity shares of face value of Rs. 2/- each through Qualified Institutions Placement for an aggregate amount not exceeding Rs 500 crore. Powered by Capital Market - Live

Safari Industries has granted 15,000 Employee Stock Appreciation Rights (ESAR) to an eligible employee of the Company under the Safari Employees Stock Appreciation Rights Scheme 2022. Powered by Capital Market - Live

Safari Industries (India) has allotted 1,648 equity shares under Safari Employees Stock Appreciation Rights Scheme 2022. Consequent to the aforesaid allotment, the issued, subscribed and paid-up equity share capital of the Company will increase from Rs. 9,79,84,558/- to Rs. 9,79,87,854/-.Powered by Capital Market - Live