Safari Industries

The shift from unbranded to branded will be driven by innovation, premiumization and e-commerce, said Motilal, spurring both volume and value growth in the organized segment.

Safari Industries Q1 PAT seen up 6.7% YoY to Rs. 47.4 cr: Prabhudas Lilladher

Net Sales are expected to increase by 13 percent Y-o-Y (up 20.8 percent Q-o-Q) to Rs. 508.5 crore, according to Prabhudas Lilladher.

Safari Industries Q4 PAT may dip 22.3% YoY to Rs. 33.6 cr: PL Capital

Net Sales are expected to increase by 17.9 percent Y-o-Y (down 2.7 percent Q-o-Q) to Rs. 430.8 crore, according to PL Capital.

Safari Industries surges 6% to all-time high amid spurt in volumes

Even though Safari Industries posted weak quarterly earnings, the company still fared much better than industry rival VIP Industries, which reported a steep 93 percent decline in its net profit to merely Rs 4 crore.

Safari Industries Q1 PAT seen up 5.2% YoY to Rs. 52.5 cr: Prabhudas Lilladher

Net Sales are expected to increase by 8 percent Y-o-Y (up 26.1 percent Q-o-Q) to Rs. 460.8 crore, according to Prabhudas Lilladher.

Investec bets on travel boom, initiates coverage on VIP, Safari with Buy calls

A key risk to watch out for in the luggage industry is the increased competition from D2C players, noted Investec.

Safari Industries Q4 PAT seen up 9.3% YoY to Rs. 41.6 cr: Prabhudas Lilladher

Net Sales are expected to increase by 27.2 percent Y-o-Y (down 0.8 percent Q-o-Q) to Rs. 385.1 crore, according to Prabhudas Lilladher.

National Roaming: India’s growing wanderlust drives luggage sales

Earlier, durability was the key factor when choosing a piece of luggage. Now, aesthetics have started to matter more.

Investcorp exits Safari Industries with its stake sale

The global manager of alternative investment products claimed that with the exit from Safari Industries, it generated a total return of Rs 285 crore, or a 3.8X Multiple on Invested Capital.

Safari Industries gains on SBI Life Insurance buying stake worth Rs 77.38 crore

SBI Life Insurance Company bought 2.05 lakh shares in Safari Industries via open market transactions at an average price of Rs 3,775 per share, amounting to Rs 77.38 crore.

Safari Industries Q1 result: Net profit jumps 88% to Rs 50 crore, revenue rises 46%

The company reported a net profit of Rs 25.59 crore in the year-ago period.

VIP Industries: Downgrades and price cuts derail luggage maker's track

VIP Industries houses brands such as Carlton, Skybags, Aristocrat, Caprese and Alfa, and is the second largest player in the world and largest in Asia.

Safari industries Q1 PAT seen up 40.6% YoY to Rs. 37.4 cr: Prabhudas Lilladher

Net Sales are expected to increase by 16.5 percent Y-o-Y (up 12.8 percent Q-o-Q) to Rs. 341.6 crore, according to Prabhudas Lilladher.

Revenge travel, formalisation to boost luggage sector; Should investors look at VIP, Safari Industries?

The Indian luggage sector, which in the past was dominated by non-branded players, has shifted markedly to the branded segment.

Safari Industries Q4 PAT seen up 155.7% YoY to Rs. 29.9 cr: Prabhudas Lilladher

Net Sales are expected to increase by 54.3 percent Y-o-Y (down 1.8 percent Q-o-Q) to Rs. 297.7 crore, according to Prabhudas Lilladher.

Safari Industries bumps up production capacity, stock packs a punch

Along with subsidiary Safari Manufacturing Limited, the group’s total capacity now stands at 5.25 lakh pieces a month. Market leader VIP Industries has a capacity of 10.25 lakh a month

Stock Market LIVE: Trading strategy in choppy stock market - buy, sell, or hold? TCS, Tata Motors, Sona BLW in focus

Will markets recovery remain choppy? We try to find out on the show. Also in focus are TCS, Tata Motors, Sona BLW, Suven Pharma and Safari Industries.

Safari Industries Q2 PAT seen up 70.8% YoY to Rs. 18.1 cr: Prabhudas Lilladher

Net Sales are expected to increase by 35 percent Y-o-Y (down 13.2 percent Q-o-Q) to Rs. 254.6 crore, according to Prabhudas Lilladher.

Ideas For Profit | Luggage Stocks

The long-term macro drivers seem to be in place for luggage companies despite temporary disruptions. The continued shift of consumer preference from unbranded to branded products, accelerated growth in air travel, wedding season-led buying, shortening replacement cycle and overall GDP growth are the long-term structural drivers for the luggage industry. And we believe, both VIP Industries and Safari remain excellent core discretionary consumption plays for the long-term. Here’s why.

Safari – Can it recover faster than its competitors?

Organised players are already seeing waning of high-end competition and small marginal competitors may not have the liquidity to ride out the storm. So, market share gains for Safari post COVID are likely

3-Point Analysis | Safari Industries reports steady growth in Q3

Moneycontrol's Sakshi Batra does a 3-Point Analysis to understand the key fineprint and the outlook on the company.

Safari Industries share price climbs 5% after Ashish Kacholia picks stake

Kacholia bought 2.18 lakh shares, representing 0.97 percent of the paid-up equity, at Rs 550 per share.

Market Headstart: Nifty seen opening higher; Kalyani Steels, Lupin top buys

Trends on SGX Nifty indicate a positive opening for the broader index in India, with a 16 points gain. Nifty futures were trading around 11,934-level on the Singaporean Exchange.

Ashish Kacholia buys 2.18 lakh shares of Safari Industries on BSE

Ashish Kacholia bought 218,000 share of plastic moulded luggage manufacturer Safari Industries at Rs 550 per share on the BSE as per the data available on the exchange.