Safari Industries (India) Limited

Manufactures and sells luggage under various brands, listed on stock exchange.

1980 | Mumbai, Maharashtra (India) | Active
Last Updated: June 23, 2024

Safari Industries (India) Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 9.75 Cr
  • Company Age 44 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 152.65 Cr
  • Satisfied Charges ₹ 89.77 Cr
  • Revenue Growth 71.14%
  • Profit Growth 417.02%
  • Ebitda 229.69%
  • Net Worth 39.38%
  • Total Assets 49.94%

About Safari Industries (India)

Safari Industries (India) Limited (SIIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 July 1980 and has a history of 44 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523025 and on the National Stock Exchange(NSE) under SAFARI.

The Corporate was formerly known as Safari Industries (India) Private Limited. The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 9.75 Cr.

The company currently has active open charges totaling ₹152.65 Cr. The company has closed loans amounting to ₹89.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Safari Industries (India) Limited India are Vineet Poddar as CFO and Shri Shaikh as Company Secretary. Sudhir Jatia, Rahul Kanodia, Punkajj Lath, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    safaribags.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25200MH1980PLC022812

  • Company No.

    022812

  • Stock Symbol

    BSE : 523025 NSE : SAFARI

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Jul 1980

  • Date of AGM

    09 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

What products or services does Safari Industries (India) Limited offer?

Safari Industries (India) Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Special Purpose Vehicle, Backpacks, Trolley Bag, Safari Trolley Bag, Laptop Bag, Laptop Backpack, Duffle Trolley Bag, Torchlight, Flashlight Torches.

Who are the key members and board of directors at Safari Industries (India)?

Executive Team (3)

NameDesignationAppointment DateStatus
Sudhir Jatia Country flag representing In Managing Director18-Apr-2012Current
Vineet Poddar Country flag representing In CFO17-May-2016Current
Shri Shaikh Country flag representing In Company Secretary10-Feb-2018Current

Board Members (9)

NameDesignationAppointment DateStatus
Vijaya Sampath Country flag representing In Director 22-Sep-2014Current
Sumeet Nagar Country flag representing In Director 05-Feb-2020Current
Piyush Goenka Country flag representing In Director 07-Feb-2017Current
Dalip Sehgal Country flag representing In Director 08-Nov-2013Current
Rahul Kanodia Country flag representing In Director 16-May-2016Current
Punkajj Lath Country flag representing In Director 18-Apr-2012Current

Financial Performance of Safari Industries (India).

Safari Industries (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 71.14% increase. The company also saw a substantial improvement in profitability, with a 417.02% increase in profit. The company's net worth Soared by an impressive increase of 39.38%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
71.14%
Revenue from Operations
71.61%
Total Assets
49.94%
Profit or Loss
417.02%
Net Worth
39.38%
EBITDA
229.69%

What is the Ownership and Shareholding Structure of Safari Industries (India)?

In 2023, Safari Industries (India) had a promoter holding of 47.24% and a public holding of 52.76%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹152.65 Cr

Satisfied Charges

₹89.77 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 51.30 Cr
  • Citi Bank N.A. : 40.00 Cr
  • Hdfc Bank Limited : 33.75 Cr
  • Others : 27.60 Cr

Latest Charge Details

DateLenderAmountStatus
26 Oct 2020Hdfc Bank Limited₹1.50 MOpen
29 Jan 2020Others₹0.96 MOpen
03 Oct 2018Citi Bank N.A.₹40.00 CrOpen
10 Mar 2016Others₹27.50 CrOpen
24 Dec 2015Hdfc Bank Limited₹33.60 CrOpen

How Many Employees Work at Safari Industries (India)?

Safari Industries (India) has a workforce of 933 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Safari Industries (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Safari Industries (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Safari Industries (India)

Recent activity within the organization

  • Director Appointment

    Sridhar Balakrishnan was appointed as a Director was appointed as a Director on 10 Aug 2023 & has been associated with this company since 1 year 6 months .

    10 Aug 2023

  • Annual General Meeting

    Safari Industries (India) Limited last Annual general meeting of members was held on 09 Aug 2023 as per latest MCA records.

    09 Aug 2023

  • Balance Sheet

    Safari Industries (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 03 Jul 2017 via Charge ID 100148507 with Others was fully satisfied on 09 Jan 2023.

    09 Jan 2023

  • Charges

    A charge registered on 27 Jul 2018 via Charge ID 100209291 with Others was fully satisfied on 28 Oct 2022.

    28 Oct 2022

  • Charges

    A charge registered on 24 Aug 2018 via Charge ID 100212398 with Others was fully satisfied on 27 Oct 2022.

    27 Oct 2022

Frequently asked questions

  • Safari Industries (India) Limited was incorporated on 08 Jul 1980.

  • The authorized share capital of Safari Industries (India) Limited is ₹ 20.00 Cr and paid-up capital is ₹ 9.75 Cr.

  • Currently 12 directors are associated with Safari Industries (India) Limited.

    • Sudhir Mohanlal Jatia
    • Rahul Lalit Kanodia
    • Punkajj Girdharilal Lath
    • Dalip Charanjit Sehgal
    • Vijaya Sampath
    • Aseem Dhru
    • Sumeet Nagar
    • Piyush Goenka
    • Gaurav Sharma
    • Sridhar Balakrishnan
    • Vineet Poddar
    • Shri Rameez Shaikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Safari Industries (India) Limited is 302-303 A Wing The Qube Cts No.1498 A/2, M.V. Road Marol Andheri (E), Mumbai, Maharashtra, India, 400059.

  • The corporate identification number (CIN) of Safari Industries (India) Limited is L25200MH1980PLC022812 and the company number is 022812 as per Ministry of Corporate Affairs (MCA).

  • Yes, Safari Industries (India) Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SAFARI.

  • The Official website of Safari Industries (India) Limited is https://www.safaribags.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Safari Industries (India) Limited has risen by 71.14%.

  • As Per 2023 financial reports, 933 employees are currently employed by Safari Industries (India) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Safari Industries (India) Limited has experienced an upsurge of 39.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Safari Industries (India) Limited amount to ₹ 152.65 Cr.

  • The most recent Balance Sheet for Safari Industries (India) Limited was filed with the ROC on 31 Mar 2023.

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