Safari Industries (India) Limited has scheduled its 46th Annual General Meeting (AGM) for Tuesday, August 4, 2026, at 3:30 pm IST, through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The company reported consolidated revenue of ₹2,047.02 crore for the financial year ended March 31, 2026. The Board has recommended a final dividend of ₹2 per equity share of ₹2 each, subject to shareholder approval. The notice and Annual Report for FY2025-26 have been dispatched to members and are available on the company's website at www.safaribags.com . The company also intimated the publication of the AGM notice in newspapers on July 11, 2026, in compliance with SEBI regulations.

Financial Performance for FY2025-26

Safari Industries delivered growth across both standalone and consolidated financials for the year ended March 31, 2026. The following table summarises the key financial results:

On a standalone basis, the company's Reserves and Surplus stood at ₹1,009.19 Crore as on March 31, 2026. The consolidated Profit Before Tax for FY2025-26 was ₹216.34 Crore, compared to ₹185.57 Crore in the previous year.

Consolidated Financial Highlights (Five-Year Trend)

The following table presents key consolidated financial highlights across recent years:

Subsidiary Performance

The company has two wholly owned subsidiaries — Safari Manufacturing Limited and Safari Lifestyles Limited. Their performance for FY2025-26 is summarised below:

Safari Manufacturing Limited recorded Total Income of ₹702.48 Crore in FY2025-26, up from ₹483.29 Crore in the previous year, with Profit Before Tax rising to ₹56.28 Crore from ₹36.83 Crore. Safari Lifestyles Limited reported Total Income of ₹338.04 Lakh against ₹341.19 Lakh in the prior year, with Loss Before Tax narrowing to ₹43.47 Lakh from ₹55.36 Lakh.

Dividend and Share Capital

The Board of Directors has recommended a final dividend of ₹2/- (100%) per equity share of ₹2/- each for FY2025-26, subject to shareholder approval at the ensuing AGM. During the year, the Board had also declared and paid an interim dividend of ₹2/- (100%) per equity share of ₹2/- each, with the record date of November 14, 2025, and payment released on November 27, 2025. In the previous year, the company had declared and paid a final dividend of ₹1.50 per equity share.

During FY2025-26, the company's paid-up share capital increased from ₹9,77,73,088/- to ₹9,79,87,854/- on account of allotment of 97,183 equity shares through ESAR allotments and 10,200 equity shares through ESOP allotments.

AGM Agenda and Key Resolutions

The AGM agenda includes the following ordinary and special businesses:

• Ordinary Business:

  • Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026
  • Declaration of final dividend of ₹2/- (100%) per equity share for FY2025-26
  • Re-appointment of Mr. Piyush Goenka (DIN: 02117859), who retires by rotation

• Special Business:

  • Re-appointment of Mr. Sridhar Balakrishnan (DIN: 08699523) as Non-Executive Independent Director for a second term of 5 consecutive years, effective August 10, 2026 to August 9, 2031
  • Re-appointment of Mr. Aseem Dhru (DIN: 01761455) as Non-Executive Independent Director for a second term of 5 consecutive years, effective November 1, 2026 to October 31, 2031

E-Voting and Key Dates

The e-voting facility for the AGM is being provided through NSDL. Key dates are as follows:

Members as on the cut-off date of Wednesday, July 29, 2026, are entitled to vote on the resolutions. The AGM notice and Annual Report are available on the company's website at www.safaribags.com and on the websites of BSE Limited and National Stock Exchange of India Limited.

Board and Management Changes

During and subsequent to FY2025-26, several changes took place in the Board and Key Managerial Personnel:

• Appointments: Mr. Sanjiv Kakkar (DIN: 00591027) as Non-Executive Independent Director with effect from May 6, 2025; Ms. Manjaree Chowdhary (DIN: 03402143) as Non-Executive Independent Director with effect from August 2, 2025; Mr. Abhijaat Sinha as Company Secretary with effect from June 17, 2026
• Cessations: Mrs. Vijaya Sampath ceased as Non-Executive Independent Director with effect from August 4, 2025 (tenure completion); Mr. Rahul Kanodia (DIN: 00075801) resigned as Non-Executive Independent Director with effect from May 20, 2026; Mr. Rameez Shaikh ceased as Company Secretary with effect from April 17, 2026; Mr. Vineet Poddar ceased as Chief Financial Officer with effect from June 30, 2026
• Re-appointment: Mr. Sudhir Jatia (DIN: 00031969) was re-appointed as Managing Director for a further period of five years commencing from April 18, 2026 till April 17, 2031

Credit Ratings

The company has received the following credit ratings for its total bank loan facilities of ₹150 Crore:

The Registrar and Share Transfer Agent of the company is MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), which commenced operations as the new RTA with effect from April 21, 2026.

Safari Industries (India) Ltd has reported its audited financial results for the year ended 31 March 2026. The company posted a consolidated net profit of ₹167.76 crore, a growth of 17.5% compared to ₹142.80 crore in the previous year. Revenue from operations for the year stood at ₹2,047.02 crore, up from ₹1,771.58 crore in FY25. On a standalone basis, net profit increased to ₹124.78 crore from ₹117.53 crore in the corresponding period last year.

The Board of Directors has recommended a final dividend of ₹2 (100%) per equity share of ₹2 each for the financial year 2025-26. This dividend is subject to the approval of shareholders at the ensuing Annual General Meeting. If approved, the payment will be made on or before 3 September 2026, subject to deduction of tax at source.

Full-Year Financial Performance

The annual performance reflected broad-based growth across both consolidated and standalone metrics. The following table summarises the key financial indicators for the full year:

Q4 Performance

In the quarter ended 31 March 2026, Safari Industries reported consolidated revenue of ₹473.30 crore, compared to ₹421.06 crore in the same quarter of the previous year. Consolidated net profit for the quarter came in at ₹37.47 crore, compared to ₹37.59 crore reported in the year-ago period. On a standalone basis, net profit for the quarter was ₹34.93 crore on revenue of ₹470.55 crore.

Operational Highlights

The total equity share capital as of 31 March 2026 was ₹9.80 crore. The company's other equity reserves stood at ₹1,104.87 crore on a consolidated basis. The auditors, Walker Chandiock & Co LLP, provided an unmodified opinion on the financial results.