Safari Industries (India)'s Q1 FY 2025-26 Quarterly Results

Result Summary

• Safari Industries (India) Ltd reported a 44.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 16.5%.
• Its expenses for the quarter were up by 48.8% QoQ and 16.8% YoY.
• The net profit increased 16.9% QoQ and increased 13.7% YoY.
• The earnings per share (EPS) of Safari Industries (India) Ltd stood at 10.3 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Safari Industries (India) Ltd is a prominent player in the manufacturing and retailing of luggage and travel accessories. The company operates within the consumer goods sector, focusing on products such as suitcases, duffel bags, backpacks, and travel accessories. Known for its brand quality and extensive distribution network, Safari Industries caters to a wide range of customers, from budget-conscious travelers to premium users. As of the latest quarter, there are no specific major developments reported for Safari Industries that would significantly alter its business trajectory or market positioning.

Revenue

In Q1FY26, Safari Industries recorded a total income of ₹533.63 crores, showing a significant increase compared to the previous quarter (Q4FY25), which stood at ₹370.48 crores. This represents a quarter-over-quarter (QoQ) growth of 44.0%. When compared to the same quarter in the previous year (Q1FY25), where the total income was ₹458.24 crores, the year-over-year (YoY) growth is 16.5%. These figures indicate a robust increase in revenue over both the quarterly and yearly periods as per the data provided.

Profitability

The Profit Before Tax (PBT) for Q1FY26 is ₹65.44 crores, up from ₹55.92 crores in Q4FY25 and ₹57.51 crores in Q1FY25, reflecting a QoQ increase of 17.0% and a YoY increase of 13.8%. The Tax expense for the current quarter is ₹14.95 crores, which has also risen from the previous quarter's ₹12.73 crores and last year's ₹13.10 crores, marking a QoQ increase of 17.4% and a YoY increase of 14.1%. Consequently, the Profit After Tax (PAT) for Q1FY26 is ₹50.49 crores, compared to ₹43.19 crores in Q4FY25 and ₹44.41 crores in Q1FY25, with a QoQ growth of 16.9% and a YoY growth of 13.7%. The Earnings Per Share (EPS) has also risen to ₹10.30 in Q1FY26, from ₹9.00 in Q4FY25 and ₹9.10 in Q1FY25, resulting in a QoQ increase of 14.4% and a YoY increase of 13.2%.

Operating Metrics

The total expenses for Q1FY26 are reported at ₹468.19 crores, increasing from ₹314.56 crores in Q4FY25 and ₹400.73 crores in Q1FY25. This marks a QoQ increase of 48.8% and a YoY increase of 16.8%. The increase in expenses is noteworthy in the context of the company's revenue growth. Despite the rise in expenses, Safari Industries has maintained its profitability growth, as indicated by the figures for Profit Before Tax and Profit After Tax. The company's ability to increase its revenue while managing expenses effectively is crucial for sustaining its financial health, as per the metrics provided.