What we do Safari Industries (India) Limited manufactures and markets premium luggage, backpacks, and travel accessories in India, operating integrated plastic molding production facilities. |
Founded in 1,974 |
Market share A leading brand in Indian luggage market with significant retail presence via exclusive stores and expanding production capacities. |
Problem solved Provides durable, stylish, and functional travel solutions meeting diverse consumer needs from hard luggage to backpacks and laptop bags. |
Top clients or who we serve Serves retail consumers across India with a focus on travel goods; B2C market primarily. |
Key management Mr. Sudhir Jatia, Chairman & Managing Director with longstanding leadership since inception. |
Our journey and innovations Started as plastic luggage manufacturer in 1974, pioneered polycarbonate luggage in 2014, expanded manufacturing in Halol and Jaipur with greenfield plants. |
Where we operate Primarily India with production facilities in Gujarat and Rajasthan; retail presence nationwide. |
Top products or what we offer Hard and soft luggage, backpacks, laptop bags, travel accessories featuring polycarbonate and polypropylene materials. |
Top brands Safari (flagship luggage brand) - market leader in luggage segment, extensive retail footprint, innovator in polycarbonate luggage. |
Raw materials needed Primarily polypropylene and polycarbonate plastics for molded luggage manufacturing. |
Raw materials supplier Not specified explicitly; industry-standard polymer suppliers assumed. |
Recurring vs cyclical contribution Revenue primarily cyclical, driven by travel trends and festive retail seasons. |
Our industry position Among top luggage manufacturers in India with growing market share driven by product innovation and retail expansion. |
Financial highlights Consolidated FY 2024-25 Revenue: Rs. 1771.58 Crore; Net Profit: Rs. 142.8 Crore; steady revenue growth over prior year. |
Geographical revenue split - |
Order book - |
Whats driving growth Capacity expansions, new product launches like polycarbonate luggage, increased exclusive retail stores, and rising travel demand drive growth. |
Our future plans Enhance manufacturing capacity in Gujarat and Rajasthan, expand product lines and retail reach, focus on sustainability. |
Our green promise New manufacturing units include greenfield projects with sustainability considerations. |
Our people and values Strong focus on employee retention via ESOPs/ESAR schemes, fostering ethical governance and inclusive culture. |
Key challenges ahead Managing raw material costs, competitive pressures, and market fluctuations in travel demand. |
Interesting facts Safari pioneered polycarbonate luggage in India in 2014 and runs multiple dedicated manufacturing plants in key states. |
Risks and strategy Mitigation through diversified product portfolio, capacity scale-up, strong governance, and enhanced market penetration. |
