Safari Industries (India) Limited

NSE SAFARI.NS

Safari Industries (India) Limited Debt to Equity Ratio for the year ending March 31, 2024: 0.18

Safari Industries (India) Limited Debt to Equity Ratio is 0.18 for the year ending March 31, 2024, a -45.77% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Safari Industries (India) Limited Debt to Equity Ratio for the year ending March 31, 2023 was 0.33, a 77.26% change year over year.
Safari Industries (India) Limited Debt to Equity Ratio for the year ending March 31, 2022 was 0.18, a 26.19% change year over year.
Safari Industries (India) Limited Debt to Equity Ratio for the year ending March 31, 2021 was 0.15, a -70.44% change year over year.
Safari Industries (India) Limited Debt to Equity Ratio for the year ending March 31, 2020 was 0.50, a -4.69% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NSE: SAFARI.NS

Safari Industries (India) Limited

CEO	Mr. Sudhir Mohanlal Jatia
IPO Date	Sept. 12, 2019
Location	India
Headquarters	302-303, A Wing, The Qube
Employees	999
Sector	Consumer Discretionary
Industries Specialty Retail Athletics & Sports Luxury Goods Personal Care

Description

Safari Industries (India) Limited manufactures and markets luggage and luggage related accessories in India. The company's products include hard and soft luggage bags; laptop, rain cover, and formal backpacks; and overnighters. It sells its products under the Safari, Magnum, Genius, and Genie brands through stores, as well as through online. The company was incorporated in 1980 and is based in Mumbai, India.

Key trends

Past 5 years