Safari Industries (India) Share Price

<h3><span style="font-size:16px;"><strong>Apparels & Accessories company Safari Industries (India) announced Q2FY27 results</strong></span></h3> <p><strong>Consolidated Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Revenue from Operations:</strong> Stood at Rs 582.22 crore in Q2FY27, declining marginally by 1.08% QoQ compared to Rs 588.58 crore in Q1FY27, but growing by 9.12% YoY from Rs 533.55 crore in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Other Income:</strong> Reported at Rs 7.23 crore in Q2FY27, an increase of 0.42% QoQ from Rs 7.20 crore in Q1FY27 and an increase of 25.74% YoY from Rs 5.75 crore in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Total Income:</strong> Reached Rs 589.45 crore in Q2FY27, down 1.06% QoQ from Rs 595.78 crore in Q1FY27, while increasing by 9.30% YoY compared to Rs 539.30 crore in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Profit Before Tax (PBT):</strong> Came in at Rs 45.67 crore in Q2FY27, showing a decline of 25.19% QoQ from Rs 61.05 crore in Q1FY27 and a decline of 24.05% YoY from Rs 60.13 crore in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Profit for the Period (Net Profit):</strong> Stood at Rs 36.93 crore in Q2FY27, decreasing by 22.66% QoQ compared to Rs 47.75 crore in Q1FY27 and decreasing by 21.32% YoY compared to Rs 46.94 crore in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Total Comprehensive Income:</strong> Reported at Rs 36.76 crore in Q2FY27, down 22.74% QoQ from Rs 47.58 crore in Q1FY27 and down 21.01% YoY from Rs 46.54 crore in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Earnings Per Share (EPS):</strong> Basic and Diluted EPS for Q2FY27 stood at Rs 7.54, compared to Basic EPS of Rs 9.75 and Diluted EPS of Rs 9.74 in Q1FY27, and Basic and Diluted EPS of Rs 9.58 in Q2FY26.</li> </ul> <p><strong>Standalone Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Revenue from Operations:</strong> Reached Rs 579.83 crore in Q2FY27, reflecting a decrease of 1.18% QoQ from Rs 586.77 crore in Q1FY27, but an increase of 8.83% YoY from Rs 532.80 crore in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Other Income:</strong> Stood at Rs 10.39 crore in Q2FY27, up 4.32% QoQ from Rs 9.96 crore in Q1FY27 and up 17.40% YoY from Rs 8.85 crore in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Total Income:</strong> Reported at Rs 590.22 crore in Q2FY27, declining 1.09% QoQ compared to Rs 596.73 crore in Q1FY27, but rising 8.97% YoY compared to Rs 541.65 crore in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Profit Before Tax (PBT):</strong> Came in at Rs 22.20 crore in Q2FY27, down 41.08% QoQ from Rs 37.68 crore in Q1FY27 and down 47.68% YoY from Rs 42.43 crore in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Profit for the Period (Net Profit):</strong> Stood at Rs 17.55 crore in Q2FY27, declining by 39.21% QoQ from Rs 28.87 crore in Q1FY27 and declining by 46.35% YoY from Rs 32.71 crore in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Total Comprehensive Income:</strong> Stood at Rs 17.39 crore in Q2FY27, down 39.43% QoQ from Rs 28.71 crore in Q1FY27 and down 46.21% YoY from Rs 32.33 crore in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Earnings Per Share (EPS):</strong> Basic and Diluted EPS stood at Rs 3.58 in Q2FY27, compared to Rs 5.89 in Q1FY27 and Rs 6.68 in Q2FY26.</li> </ul> <p><strong>Business Highlights:</strong></p> <ul> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Segment Reporting:</strong> The Group operates in a single operating segment, viz. luggage business, and therefore separate segment reporting under Ind AS 108 is not applicable.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Interim Dividend:</strong> The Board of Directors declared an Interim Dividend of Rs 2/- (100%) per equity share of face value of Rs 2/- each for the financial year 2026-27, with the record date set as November 12, 2026.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Capital Expenditure & Capacity Expansion:</strong> <ul> <li _ngcontent-ng-c3650119362="">The Board approved capital expenditure of up to Rs 170 crore for the Company and up to Rs 60 crore for its wholly owned subsidiary, Safari Manufacturing Limited ('SML').</li> <li _ngcontent-ng-c3650119362="">The capex will be directed towards infrastructure improvements, land acquisition for a new warehouse, and installation of plant & machinery.</li> <li _ngcontent-ng-c3650119362="">SML's manufacturing capacity will expand from the existing 10,00,000 pieces per month (currently at 100% capacity utilization) by adding 6,00,000 pieces per month, taking the total capacity up to 16 lakh pieces per month.</li> <li _ngcontent-ng-c3650119362="">The expansion is expected to be completed by June 2028, funded via internal accruals to meet increased demand and future growth.</li> </ul> </li> </ul> <p><strong>Sudhir Jatia, Chairman & Managing Director of Safari Industries (India), said: </strong>“The industry has gone through an advancement wherein today, luggage has evolved beyond its functional necessity to being an extension of the traveller’s lifestyle. Our strategy is to build on Safari's scale while sharpening our competitive edge through differentiated brands that has an appeal for all consumers right from value-driven to premium segments. We are building a business that can grow not just larger, but stronger and more valuable over the long term. We are investing today to build the capabilities that will define our next phase of growth.”</p> <p><a class="lb" href="/get-document/post/pdf/5932893/" target="_blank">Result PDF</a></p>

• Trendlyne
• 18 hours 52 minutes ago

Intimation regarding publication of unaudited financial results for the quarter and half year ended 30th September 2026

• BSE India
• 19 hours 19 minutes ago

Please find attached Press release intimation under regulation 30 of SEBI (LODR) Regulations, 2015.

• BSE India
• 1 day 12 hours ago