Safari Industries (India) Ltd
NSE:SAFARI
Gross Margin
Safari Industries (India) Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| IN |
S
|
Safari Industries (India) Ltd
NSE:SAFARI
|
95.2B INR |
47%
|
|
| FR |
|
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
|
287.2B EUR |
67%
|
|
| FR |
|
Hermes International SCA
PAR:RMS
|
254B EUR |
70%
|
|
| FR |
|
EssilorLuxottica SA
PAR:EL
|
122.1B EUR |
62%
|
|
| FR |
|
Christian Dior SE
PAR:CDI
|
95.8B EUR |
67%
|
|
| CH |
|
Compagnie Financiere Richemont SA
SIX:CFR
|
90.5B CHF |
68%
|
|
| DE |
|
Adidas AG
XETRA:ADS
|
39.9B EUR |
51%
|
|
| CA |
|
Lululemon Athletica Inc
NASDAQ:LULU
|
35.3B USD |
59%
|
|
| CN |
|
ANTA Sports Products Ltd
HKEX:2020
|
244.5B HKD |
62%
|
|
| IN |
|
Titan Company Ltd
NSE:TITAN
|
2.7T INR |
21%
|
|
| FR |
|
Kering SA
PAR:KER
|
23.5B EUR |
74%
|
Safari Industries (India) Ltd
Glance View
Nestled in the bustling markets of India, Safari Industries (India) Ltd. has navigated its journey from being a modest manufacturer to a leading player in the luggage industry. Founded in the 1970s, the company initially faced the challenge of positioning itself among well-established competitors. However, with a keen sense of market trends and consumer behavior, Safari carved a niche with products that combined durability and affordability. Its journey was marked by strategic expansions and a fine-tuned focus on the evolving needs of travelers. As aspirations grew, Safari introduced a diverse range of offerings, from traditional suitcases to trendy backpacks, catering to different segments of society. The company thrives on a business model that balances cost efficiency with innovative design. Central to its operational strategy is a robust supply chain and an extensive distribution network that spans across urban and rural India, ensuring accessibility to its products. Safari leverages volume sales to ensure a steady stream of revenue, benefitting from both domestic demand and a growing interest in travel-related products. By maintaining a strong presence in both offline retail stores and online e-commerce platforms, Safari maximizes its market reach, while its strategic pricing and marketing efforts enhance brand visibility among cost-conscious yet quality-oriented consumers. Through its adaptability and commitment to understanding its clientele, Safari Industries continues to weave its story of growth and resilience in the dynamic world of luggage manufacturing.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Safari Industries (India) Ltd's most recent financial statements, the company has Gross Margin of 47%.
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