Safe Enterprises Retail Fixtures Ltd
Incorporated in 1976, Safe Enterprises Retail Fixtures Limited designs, manufactures, supplies, and installs shop fittings and retail fixtures, providing customized solutions across various retail segments such as fashion, electronics, and department stores.[1]
- Market Cap ₹ 1,249 Cr.
- Current Price ₹ 268
- High / Low ₹ 319 / 151
- Stock P/E 19.3
- Book Value ₹ 61.8
- Dividend Yield 0.00 %
- ROCE 47.0 %
- ROE 35.9 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 48.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 38.0 days to 62.0 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Furniture, Home Furnishing
Part of Nifty SME Emerge
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 101 | 138 | 218 | |
| 69 | 89 | 139 | |
| Operating Profit | 32 | 49 | 79 |
| OPM % | 31% | 36% | 36% |
| 3 | 1 | 7 | |
| Interest | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 2 |
| Profit before tax | 34 | 50 | 84 |
| Tax % | 32% | 27% | 24% |
| 23 | 39 | 64 | |
| EPS in Rs | 11.42 | 13.70 | |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 58% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 65% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| Last Year: | 36% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 0.00 | 17 | 23 |
| Reserves | 29 | 55 | 264 |
| 1 | 0 | 0 | |
| 24 | 30 | 30 | |
| Total Liabilities | 54 | 102 | 318 |
| 5 | 10 | 15 | |
| CWIP | 0 | 0 | 59 |
| Investments | 9 | 2 | 23 |
| 41 | 90 | 221 | |
| Total Assets | 54 | 102 | 318 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 13 | 31 | ||
| -8 | -10 | ||
| -11 | -8 | ||
| Net Cash Flow | -5 | 13 | |
| Free Cash Flow | 13 | 29 | |
| CFO/OP | 84% | 91% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Actual Production - Metal Works Tons |
|
||
| Actual Production - Wood Works Sq. Feet |
|||
| Capacity Utilization - Metal Works % |
|||
| Capacity Utilization - Wood Works % |
|||
| Installed Capacity - Metal Works Tons |
|||
| Installed Capacity - Wood Works Sq. Feet |
|||
| Projects Implemented Number |
|||
| Registered IPs (Design Patents) Number |
|||
| Retail Fit Space Converted Million Sq. Ft. |
|||
| Standardized Shop Fitting Components Number |
|||
| Total Manufacturing Plant Area Sq. Ft. |
|||
Extracted by Screener AI
Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
20 May 2026 - Transcript of H2/FY26 earnings call: revenue up 57% to ₹218.4 crore, PAT up 63%, Ambernath plant on track.
-
Analysts/Institutional Investor Meet/Con. Call Updates
19 May 2026 - Audio recording of 19 May 2026 earnings call on audited H2 FY26 results available on website.
-
Monitoring Agency Report
19 May 2026 - No deviation in ₹169.74 crore IPO proceeds utilization for half-year ended March 31, 2026.
-
Statement of deviation(s) or variation(s) under Reg. 32
19 May 2026 - No deviation in IPO proceeds usage for half year ended March 31, 2026; monitoring agency reported compliance.
-
Appointment
18 May 2026 - Board approved FY26 audited standalone and consolidated results; unmodified opinion; appointed independent, cost and secretarial auditors.
Annual reports
No data available.
Concalls
-
May 2026Transcript PPT
-
Nov 2025TranscriptAI SummaryPPT
-
Jun 2025TranscriptAI SummaryPPT
Business Profile[1]
Safe Enterprises Retail Fixtures is engaged in the design, manufacturing, supply, and installation of shop fittings and retail fixtures. It offers customized in-store solutions across retail sectors like fashion, electronics, and departmental stores. Their offerings range from modular, electrified shop fittings integrated with LED lighting, digital screens, and display systems to fully tailored furniture solutions.