About Safari Industries (India) Limited

Safari Industries (India) Limited is a Mumbai-headquartered luggage company incorporated in 1980, engaged in design, manufacturing, and marketing of hard luggage, soft luggage, backpacks, school bags, and travel accessories across India and select export markets, and listed on NSE and BSE. The company operates through a multi-channel network of over 8,500 touchpoints including e-commerce, hypermarkets, multi-brand outlets, exclusive stores, CSD, institutional, D2C, and exports, and was recognised as the No. 1 luggage brand in India by revenue in 2024 per Euromonitor referenced in the report.

• History and activities: Established in 1980, Safari has built an integrated value chain spanning in-house design, manufacturing (hard luggage via PP/PC at Halol, Gujarat and a greenfield Jaipur, Rajasthan plant), sourcing of soft luggage/backpacks, SAP-WMS enabled logistics, and regional distribution centres in Bhiwandi, Kolkata, and Bangalore.

• Products/services: Portfolio covers polypropylene and polycarbonate hard luggage, soft luggage, backpacks, school bags, and travel accessories; the company continues to innovate on materials and design for durability and reduced environmental impact.

• Operating geographies: India-wide presence with exports; channels include exclusive retail stores in high footfall locations to build premium brand equity.

• Subsidiaries: Two wholly owned subsidiaries as on March 31, 2025 — Safari Manufacturing Limited and Safari Lifestyles Limited.

• Key milestones (FY 2024–25): Commissioned greenfield integrated plant at Jaipur for PP/PC zippered hard luggage (commercial production from December 2, 2024) and scaled Halol capacity; expanded Urban Jungle brand and launched Safari Select sub-brand in mid-premium segment; strengthened warehousing at manufacturing locations.

Safari Industries (India) Limited Business segments

• Segment mix: The report discusses categories (hard luggage, soft luggage, backpacks, accessories) and channels (e-commerce, exclusive retail, etc.) but does not disclose percentage contribution to revenue by segment/vertical; hence this is skipped as per instructions.

• Geographic split: The report does not disclose revenue split between India and International; hence this is skipped as per instructions.
  

Safari Industries (India) Limited — Key Management

• Mr. Sudhir Jatia — Managing Director.

• Mr. Vineet Poddar — Chief Financial Officer.

• Mr. Rameez Shaikh — Company Secretary.

• Board (as on March 31, 2025): Mr. Sudhir Jatia (Promoter & Executive), Mrs. Vijaya Sampath (Non-Executive, Independent), Mr. Rahul Kanodia (Non-Executive, Independent), Mr. Sridhar Balakrishnan (Non-Executive, Independent), Mr. Aseem Dhru (Non-Executive, Independent), Mr. Piyush Goenka (Non-Executive, Non-Independent), Mr. Sumeet Nagar (Non-Executive, Non-Independent).

Latest updates on Safari Industries (India) Limited

• Commissioned greenfield Jaipur manufacturing plant under Safari Manufacturing Limited; commercial production started on December 2, 2024.

• Strengthened premium play: Rapid scale-up of Urban Jungle; launched Safari Select in mid-premium with semi-formal design; expanded exclusive stores in high footfall locations.

• Supply chain upgrades: Established large integrated tech-enabled warehousing at manufacturing locations; consolidated smaller warehouses; continued ERP and planning capability enhancements.

• Governance and appointments: Board appointed Mr. Sanjiv Kakkar as Additional Non-Executive Independent Director for 5 years effective May 6, 2025, subject to members’ approval; recommended Ms. Dilip Bharadiya & Associates as Secretarial Auditors for FY 2025–26 to FY 2029–30.

• Recognition: Report states Safari brand adjudged No. 1 Luggage Brand in India in revenue terms for the second successive year (Euromonitor citation in report).