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Safari Industries (India) Limited: Business Overview, Financials & Competitive Analysis

Safari Industries (India) Limited scores 7/10 on the AskCyborg Cyborg Score (Solid). Market-leading Indian luggage brand with strong 5-year growth momentum but facing recent profitability headwinds requiring operational improvement. The company has delivered good profit growth of 35.4% CAGR over last 5 years. In 2024, Safari Industries (India)'s revenue was 17.72 billion, an increase of 14.26% compared to the previous.

What is Safari Industries (India) Limited's industry? Safari Industries (India) Limited (safaribags.com) operates in Travel Goods & Luggage Manufacturing. AskCyborg classifies Safari Industries (India) Limited under Travel Goods & Luggage Manufacturing in its company registry.

Safari Industries is in the business of manufacturing and trading of luggage and luggage accessories. The company designs, manufactures, and markets luggage, backpacks, and travel accessories in India, offering printe...

7/ 10Solid

Cyborg Score thesis

Market-leading Indian luggage brand with strong 5-year growth momentum but facing recent profitability headwinds requiring...

Read the full analyst-debate transcript →
Industry Travel Goods & Luggage Manufacturing
4 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: November 2, 2026
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AskCyborg analysts argue the bull and bear cases for Safari Industries (India) Limited across 11 stress-tested dimensions. Listen on your commute -- faster than reading the 30-page report.

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What's in This Report
Safari Industries (India) Limited OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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Safari Industries (India) Limited Overview

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Safari Industries is in the business of manufacturing and trading of luggage and luggage accessories. The company designs, manufactures, and markets luggage, backpacks, and travel accessories in India, offering printed, laptop, hard, and soft luggage bags; school, laptop, office, college, anti-theft, tech, expandable storage, formal, adventure, and overnighters backpacks; accessories, such as sling bags, messenger bags, and neck pillows; and duffle bags.

Strategic Profile

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Safari was recognized as the 'No.1 Luggage Brand in India' based on its revenue performance. The company sells its products under the Safari, Safari Select, Genius, Urban Jungle, and Genie brands through website and stores, as well as through e-commerce platforms. The company reaches customers through a robust multi-channel distribution network that includes over 8,500 customer touchpoints across India.

Competitive Landscape

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VIP Industries, Samsonite Portugal, Delsey, Samsonite (Austria), and Nasher Miles are some of the 6 competitors of Safari Industries (India). Safari maintains market leadership as the No.1 luggage brand in India through its multi-brand strategy and extensive distribution network.

Industry Context

Safari Industries (India) Limited operates in Travel Goods & Luggage Manufacturing.

Key facts

Founded: 1974 · Headquarters: Mumbai, India · Revenue: ₹17.72B (FY2024) · Market cap: ₹8,805 Cr (~$1.1B)

What the AI analysts debated

AI-generated and not independently verified: selected findings from the multi-agent debate on Safari Industries (India) Limited.

  • Safari has been in the business since 1974 of manufacturing and trading of luggage and luggage accessories.
  • Hard luggages are mainly made of PolyPropylene (PP) and Polycarbonate (PC) and manufactured in-house by Safari at its Plant located at Halol, Gujarat.
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Recent developments

Material events tracked by the AskCyborg corpus.

  • February 2026Plant visit and management interaction at Safari Manufacturing (Jaipur) scheduled
  • December 2025Interim dividend of Rs. 2 per share declared for FY 2025-26
  • +1 moreTrack every material event for Safari Industries (India) Limited as it happens. Explore monitoring →
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

VIP Hardside LuggageMajor Indian luggage competitor→Samsonite LuggageInternational luggage brand→Delsey Travel LuggageGlobal luggage manufacturer→Nasher Miles LuggageIndian travel accessories brand→

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Industry context

Safari Industries (India) Limited operates in Travel Goods & Luggage Manufacturing. See how the rest of the sector scores on the Cyborg framework.

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How AskCyborg research is made

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The Cyborg Score and recent developments reflect public sources as of the date shown and can miss or lag recent events. Check primary sources before relying on them.

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Sources: public filings, regulatory data, and news flow, analysed by AI models. Read the methodology →

AI-generated research summary based on public sources; it may contain errors or omissions. Not investment advice. Not reviewed or endorsed by the companies covered. Report an error: legal@askcyborg.com (you must copy support@askcyborg.com) · Terms of Service

Frequently asked questions

What does Safari Industries (India) Limited do?+
Safari Industries is in the business of manufacturing and trading of luggage and luggage accessories. The company designs, manufactures, and markets luggage, backpacks, and travel accessories in India, offering printe...
What is Safari Industries (India) Limited's Cyborg Score?+
Safari Industries (India) Limited has a Cyborg Score of 7/10 (Solid). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Safari Industries (India) Limited's main competitors?+
Named competitors include VIP Hardside Luggage, Samsonite Luggage, Delsey Travel Luggage, Nasher Miles Luggage. The full competitive landscape is in the AskCyborg report.
How can I get the full Safari Industries (India) Limited research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Safari Industries (India) Limited research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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