Synopsis:
Safari Industries is in focus as the promoter group, Safari Commercial, disposed of 2 lakh shares in the market, leading to investor worries.
The shares of this leading manufacturer and trader of luggage and luggage accessories are in focus as the promoter disposed stakes in the company. In this article, we will dive more into the details. As of June 2025, Ashish Kacholia held a 1.84 percent stake in the company.
With a market capitalization of Rs 10,588 crore, the shares of Safari Industries (India) Ltd made a day high of Rs 2,175.20 per share, up by 2.5 percent from its previous day closing price of Rs 2,123.10 per share. Over the past five years, the stock has delivered a multibagger return of 1,040 percent.
About the news
Safari Industries India’s promoter group, Safari Commercial, has recently offloaded 2 lakh shares, likely to raise funds, manage personal finances, or diversify investments. This doesn’t necessarily reflect the company’s performance but is more about the promoter’s individual decisions.
This share sale might create a short-term dip in the stock price due to the increased supply in the market, but since 2 lakh shares are a relatively small amount, the impact is expected to be minimal.
Investors usually keep an eye out for trends or repeated promoter share sales; consistent selling could raise some red flags, while one-off transactions are generally not a cause for concern. All in all, this situation underscores the importance of keeping an eye on promoter activity alongside the company’s financial health and growth potential.
Also Read: Smallcap stock in focus after company announces mixed Q1 results
Financial Highlights
The company reported a revenue of Rs 528 crore in Q1 FY26, up by 17 percent from its Q1 FY25 revenue of Rs 450. Additionally, revenue grew by 25 percent from Rs 421 crore in its previous quarter.
Regarding its profitability, the company reported a net profit of Rs 50 crore in Q1 FY26, up by 14 percent from its Q1 FY25 net profit of Rs 44 crore. Additionally, it grew by 32 percent from Rs 38 crore in its previous quarter.
The stock delivered an ROE and ROCE of 15.79 percent and 18.67 percent respectively, and is currently trading at a high P/E of 71.13x as compared to its industry average of 57.19x.
Safari Industries (India) Limited is a homegrown company that specializes in designing, manufacturing, and selling a variety of luggage, backpacks, and travel accessories. Their lineup features everything from hard and soft suitcases to school and laptop bags, all marketed under well-known brands like Safari, Safari Select, Genius, Urban Jungle, and Genie. You can find their products in retail stores, on their official website, and across various e-commerce platforms.
Written by Satyajeet Mukherjee
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