| Management target | Revenue 20.0% FY27 |
|---|
| Revenue growth | H1 revenue −31% YoY; management blames ₹23 Cr deferred dispatch. |
|---|---|
| Margins | EBITDA margin 32.9% vs 37.7% (−4.8ppt); PAT margin 27.9% vs 29.6%. |
| Order book | No formal order book; ₹23 Cr advance-received orders slipped to Q3. |
| Demand visibility | Verbal 'indications' only; no order book; rollouts 'rescheduled' to H2. |
| Management confidence | Defensive on pipeline; repeatedly deflected visibility and predictability questions. |
Growth
Revenue −31% to ₹77.87 Cr; EBITDA margin down 4.8ppt to 32.9%. ₹270 Cr FY27 implies ~+80% H2 growth.
Outlook
FY27: 20-25% revenue growth, ~₹270 Cr target; Ambernath plant live late December 2026; Wave excluded from guidance.
Risks
No order book; visibility rests on verbal indications; analyst-cited top-10 concentration ~95%; FY27 guidance cut from 25-30%.
Earnings Call Transcript filed with NSE, NSE: SAFEENTP. Summary written with AI assistance from the document.
Safe Enterprises Retail Fixtures Ltd: key numbers
- Share price
- ₹207.70
- Market cap
- ₹968.0 Cr
- Revenue (annual)
- ₹173.1 Cr
- Net profit (annual)
- ₹53.96 Cr
- P/E (TTM)
- 17.9×Sector 46.1×
- Promoter holding
- 70.07%
- FII holding
- 1.18%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Safe Enterprises Retail Fixtures Ltd
All →Safe Enterprises Retail Fixtures Results Update
Safe Enterprises reported H1 FY'27 revenue of ₹7,787.09 lakhs, down 30.7%, and PAT of ₹2,175.41 lakhs. Management kept FY'27 guidance unchanged, citing deferred client rollouts.
Safe Enterprises Retail Fixtures Investor Presentation: Key Takeaways
H1 FY27 consolidated revenue ₹77.87 Cr, down 30.7% YoY; PAT ₹21.75 Cr (-34.6%); operating EBITDA margin 32.9% vs 37.7%. Management blames timing of client rollouts.
Safe Enterprises Retail Fixtures H1 FY27 Results: Net Profit ₹21.8 Cr, Down 34.3% YoY
Safe Enterprises Retail Fixtures Ltd reported revenue from operations of ₹77.9 Cr (-30.7% YoY) and net profit of ₹21.8 Cr (-34.3% YoY) for H1 FY27.
- Key figure
- Net profit ₹21.8 Cr · -34.3% YoY
Safe Enterprises Retail Fixtures Other Announcement
Safe Enterprises Retail Fixtures filed its Reg 13(3) investor grievance report for Q2 FY27. The RTA reports zero complaints received, pending or unresolved for the quarter.
Safe Enterprises Retail Fixtures Annual General Meeting
Safe Enterprises Retail Fixtures Limited held its 2nd Annual General Meeting on September 11, 2026, conducting business items including adoption of financial statements.
Safe Enterprises Retail Fixtures Announces New Order Win
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