Safe Enterprises Retail Fixtures Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹1,052 Cr
- P/E
- 16.35
- ROE
- 35.75%
- Price to sales
- 4.81
- Debt to equity
- 0.00
- 52W high / low
- ₹308 / ₹195
- EBITDA margin
- 36.24%
- Net profit margin
- 29.70%
- Promoter holding
- 70.07%
- Sales (last year)
- ₹218 Cr
Guidance scorecard · Q4 FY26 call
What Safe Enterprises's management guided
and where it ranks in Consumer Durables
Consumer Durables
RevenueQ4 FY26 call
20–40%- Revenue growth is expected to be strong, with over 30% increase targeted for FY27 even without the new Ambernath plant.
- With the Ambernath facility coming online by H2 FY27, revenue is projected to cross INR 400 crores and potentially reach around INR 500 crores by FY28.
- Growth drivers include increasing the number of stores served, higher average selling price (ASP) per store, and greater fixture intensity with premium finishes.
- Expansion into new product lines incorporating retail technology (e.g., RFID-based self-checkout, embedded IT solutions) will further boost per-store sales.
- The primary market growth stems from the shift in retail from unorganized to organized sectors, increasing demand for organized retail fixtures.
2 more points from Safe Enterprises's call on revenue
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MarginsQ4 FY26 call
FlatSee what Safe Enterprises said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Safe Enterprises is commissioning a new Pune plant expected to start commercial production in 2-3 months (around mid-2026).
- The Ambernath plant is under construction and expected to be commissioned by December 2026 (Q3 FY27).
- Total capex for the new manufacturing plant is around INR 90-95 crores, covering land, building, and machinery; INR 58 crores already spent.
- The increased plant size (from planned 1,75,000 to 2,50,000 sq ft) via re-engineering provides buffer capacity through 2030-2032.
- Capex ramp-up and utilization expected gradually over FY27-FY29 with significant revenue growth anticipated from FY28.
2 more points from Safe Enterprises's call on capex
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FundraisingQ4 FY26 call
See what Safe Enterprises said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
Rising- The company has visibility of increased store rollouts from existing clients and is adding new clients, indicating a growing order pipeline.
- There is expectation of substantial capacity increase with the commissioning of Pune plant in 2-3 months and Ambernath plant by December 2026, which will support handling more orders.
- The company expects exponential growth in projects once new plants are operational.
2 more points from Safe Enterprises's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Consumer Durables
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Consumer Durables companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹151 Cr | 13.8 | |
| 2 | 40%+ | Up 0–2% | ₹2,267 Cr | 12.2 | |
| 3 | 40%+ | Up 0–2% | ₹1,934 Cr | 16.9 | |
| 4 | 40%+ | Flat | ₹2,338 Cr | 39.6 | |
| 5 | 40%+ | Flat | ₹1,975 Cr | 20.8 | |
| 6 | 40%+ | Flat | ₹528 Cr | 16.7 |
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Pro shows every company guiding 40%+ revenue growth →Full Consumer Durables rankingFinancials of Safe Enterprises
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Safe Enterprises
Quarterly Results
Quarter-by-quarter operating performance
Financials of Safe Enterprises
Profit & Loss
Annual income statement trend
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Sales + | 101 | 138 | 218 |
| Expenses + | 69 | 89 | 139 |
| Operating Profit | 32 | 49 | 79 |
| OPM % | 31% | 36% | 36% |
| Other Income + | 3 | 1 | 7 |
| Interest | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 2 |
| Profit before tax | 34 | 50 | 84 |
| Tax % | 32% | 27% | 24% |
| Net Profit + | 23 | 39 | 64 |
| EPS in Rs | 11.42 | 13.70 | |
| Dividend Payout % | 0% | 0% | 0% |
Financials of Safe Enterprises
Balance Sheet
Capital structure and asset base
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 0.00 | 17 | 23 |
| Reserves | 29 | 55 | 264 |
| Borrowings + | 1 | 0 | 0 |
| Other Liabilities + | 24 | 30 | 30 |
| Total Liabilities | 54 | 102 | 318 |
| Fixed Assets + | 5 | 10 | 15 |
| CWIP | 0 | 0 | 59 |
| Investments | 9 | 2 | 23 |
| Other Assets + | 41 | 90 | 221 |
| Total Assets | 54 | 102 | 318 |
Financials of Safe Enterprises
Cash Flows
Operating, investing and financing cash movement
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Cash from Operating Activity + | 13 | 31 | 34 |
| Cash from Investing Activity + | -8 | -10 | -184 |
| Cash from Financing Activity + | -11 | -8 | 151 |
| Net Cash Flow | -5 | 13 | 1 |
| Free Cash Flow | 13 | 29 | -31 |
| CFO/OP | 84% | 91% | 68% |
Financials of Safe Enterprises
Ratios
Working capital efficiency and return ratios
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 78 | 63 | 76 |
| Inventory Days | 15 | 64 | 55 |
| Days Payable | 74 | 62 | 62 |
| Cash Conversion Cycle | 20 | 65 | 69 |
| Working Capital Days | 20 | 32 | 62 |
| ROCE % | 96% | 47% |
Momentum score · price trend
26 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +16.0% | 72% |
| Last 6 months | −7.3% | 42% |
| Last 3 months | −13.2% | 36% |
The price is 26.4% below its all-time high of ₹308.45 (17 Nov 2025). Stocks more than 20% below their peak have their score halved, so 53 became 26.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Safe Enterprises: 0.4 × 72 + 0.4 × 42 + 0.2 × 36 = 53, halved to 26 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
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