---
title: "Safe Enterprises Retail Fixtures Ltd (SAFEENTP) — Share Price, Financials & Analysis"
symbol: "SAFEENTP"
company: "Safe Enterprises Retail Fixtures Ltd"
canonical: "https://tapetide.com/stocks/SAFEENTP"
isin: "INE17D601016"
nse_symbol: "SAFEENTP"
sector: "Consumer Discretionary"
industry: "Consumer Durables"
market_cap_cr: 1230.13
generated_at: "2026-09-13T18:36:07.163Z"
---

# Safe Enterprises Retail Fixtures Ltd (SAFEENTP)

Canonical page: https://tapetide.com/stocks/SAFEENTP

## Company

- **NSE Symbol:** SAFEENTP
- **ISIN:** INE17D601016
- **Sector:** Consumer Discretionary
- **Industry:** Consumer Durables
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2025-06-27
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** safeenterprises.com

## About

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]

## Latest Price

- **Price:** ₹257.3
- **Change:** -12.4 (-4.6%)
- **Open:** ₹262.6
- **Day High:** ₹267.9
- **Day Low:** ₹255
- **Previous Close:** ₹269.7
- **Volume:** 65500
- **As Of:** 2026-09-11T09:59:11+00:00

## Key Fundamentals

Observed at 2026-09-11T04:43:45.084562Z.

- **Market Cap:** ₹1230.13 Cr
- **Classification:** SME
- **P/E (reported):** 19.7
- **Book Value:** ₹61.75
- **Price to Book:** 4.37
- **Dividend Yield:** 0%
- **ROE:** 49.55%
- **ROCE:** 63.39%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹218.42 Cr
- **Net Income:** ₹63.58 Cr
- **EBITDA:** ₹78.13 Cr
- **52-Week High:** ₹319
- **52-Week Low:** ₹175
- **RSI (14):** 58.16

## Tapetide Score

- **Score:** 66 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Flat
- **Percentile:** 97.4 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 87.48 | 9% |
| growth | 97.8 | 9% |
| momentum | 59.61 | 12% |
| ownership | 82.6 | 24% |
| quality | 62.78 | 22% |
| valuation | 40.94 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 48.9%

### Weaknesses

- 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

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| cash flow growth | 131.72% | — |
| ebitda margin growth | -5.25% | 9.28% |
| net income growth | 74.19% | 175.24% |
| revenue growth | 56.35% | 29.15% |
| roce | -37.74% | -37.74% |
| roe | -37.78% | 64.6% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 58 | 81 | 112 | 106 |
| Expenses | 36 | 53 | 71 | 69 |
| Operating Profit | 22 | 28 | 42 | 37 |
| OPM % | 38 | 34 | 37 | 35 |
| Other Income | 0 | 1 | 3 | 5 |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 |
| Profit before tax | 22 | 28 | 44 | 41 |
| Tax % | 31 | 24 | 24 | 25 |
| Net Profit | 17 | 22 | 33 | 31 |
| EPS in Rs | 8480 | 6.48 | 7.13 | 6.57 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 | 13.7 |
| Dividend Payout % | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Equity Capital | 0 | 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 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 |

### Ratios

| Item | 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 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2024 | Jun 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 99.98% | 70.07% | 70.07% | 70.07% |
| FIIs | 0% | 3.35% | 1.47% | 0.79% |
| DIIs | 0% | 0.82% | 0.16% | 6.64% |
| Government | 0% | 0% | 0% | 0% |
| Public | 0% | 11.08% | 10.47% | 11.58% |
| Others | 0.02% | 14.68% | 17.84% | 10.92% |
| No. of Shareholders | 7 | 41 | 1501 | 1716 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 6 / 6 / 7

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 265.82 | Sell |
| EMA (10) | 263.98 | Sell |
| SMA (20) | 258.87 | Sell |
| EMA (20) | 260.61 | Sell |
| SMA (50) | 259.15 | Sell |
| EMA (50) | 259.19 | Sell |
| SMA (100) | 262.3 | Sell |
| EMA (100) | 257.07 | Buy |
| SMA (200) | 253.36 | Buy |
| EMA (200) | 248.53 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.28 | Neutral |
| MACD (12,26,9) | 3.43 | Buy |
| Stochastic (14,3,3) | 59.79 | Neutral |
| ADX (14) | 16.51 | Neutral |
| Williams %R (14) | -66.76 | Neutral |
| ATR (14) | 10.14 | High Volatility |
| ROC (12) | 3.54 | Buy |
| Stoch RSI (14) | 13.7 | Buy |
| UO (7,14,28) | 45.34 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 Jul - Clarifies FY26 results filing; fixes balancing note and 96.52 lakh XBRL cash-flow mismatch. | [Reply to Clarification- Financial results 8 Jul - Clarifies FY26 results filing; fixes balancing note and 96.52 lakh XBRL cash-flow mismatch.](https://nsearchives.nseindia.com/corporate/SAFEENTERPRISES_17062026191930_NSE_Clarification.pdf) |
| 6 Jul - SERFL launches RFID self-checkout platform WAVE and secures first commercial orders in retail automation. | [Press Release 6 Jul - SERFL launches RFID self-checkout platform WAVE and secures first commercial orders in retail automation.](https://nsearchives.nseindia.com/corporate/SAFEENTERPRISES_06072026183558_press_releasee.pdf) |
| 28 February 2026 - Independent Director Seema Mhatre resigned effective 27 Feb 2026 due to pre-occupation. | [Resignation 28 February 2026 - Independent Director Seema Mhatre resigned effective 27 Feb 2026 due to pre-occupation.](https://nsearchives.nseindia.com/corporate/SAFEENTERPRISES_28022026132521_Intimation.pdf) |
| 28 February 2026 - ENTERPRISES RETAIL FIXTURES LIMITED has informed about Resignation of Independent director. | [Resignation of Independent director 28 February 2026 - ENTERPRISES RETAIL FIXTURES LIMITED has informed about Resignation of Independent director.](https://nsearchives.nseindia.com/corporate/SAFEENTP_ROID_79915_KMP_Doc.zip) |
| 27 March 2026 - Trading window closed Apr 1, 2026 until 48 hours post audited results for half/year ended Mar 31, 2026. | [Trading Window 27 March 2026 - Trading window closed Apr 1, 2026 until 48 hours post audited results for half/year ended Mar 31, 2026.](https://nsearchives.nseindia.com/corporate/SAFEENTERPRISES_27032026190657_Closure_of_Trading_Window.pdf) |
| 27 June 2026 - Safe Enterprises marks one year since IPO listing on NSE SME. | [Press Release 27 June 2026 - Safe Enterprises marks one year since IPO listing on NSE SME.](https://nsearchives.nseindia.com/corporate/SAFEENTERPRISES_27062026101810_press_release_one_year_IPO_final.pdf) |
| 27 January 2026 - Higher revenue per store; Pune operational March 2026; Ambernath by early Q3 FY27; combined 346,505 sq.ft. | [General Updates 27 January 2026 - Higher revenue per store; Pune operational March 2026; Ambernath by early Q3 FY27; combined 346,505 sq.ft.](https://nsearchives.nseindia.com/corporate/SAFEENTERPRISES_27012026191413_Q3-OPERATIONAL_UPDATE_v4.pdf) |
| 22 June 2026 - Clarifies FY26 results filing; revises XBRL cash flow by ₹96.52 lakh and adds balancing note. | [Updates 22 June 2026 - Clarifies FY26 results filing; revises XBRL cash flow by ₹96.52 lakh and adds balancing note.](https://nsearchives.nseindia.com/corporate/SAFEENTERPRISES_22062026160613_NSE_Clarification.pdf) |
| 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 20 May 2026 - Transcript of H2/FY26 earnings call: revenue up 57% to ₹218.4 crore, PAT up 63%, Ambernath plant on track.](https://nsearchives.nseindia.com/corporate/SAFEENTERPRISES_20052026143428_Transcript.pdf) |
| 19 May 2026 - No deviation in IPO proceeds usage for half year ended March 31, 2026; monitoring agency reported compliance. | [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.](https://nsearchives.nseindia.com/corporate/SAFEENTERPRISES_19052026101944_Intimation_MA_Statement_of_Deviation.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/SAFEENTERPRISES_10112025191052_ilovepdf_merged_compressed__1_.pdf) |
| May 2026 | [Concall - May 2026](https://nsearchives.nseindia.com/corporate/SAFEENTERPRISES_18052026223803_Investor_Presentation__11_.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/SAFEENTERPRISES_27062025095108_SAFE_ENTERPRISES_LIMITED_PPT_K_.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30436_SAFEENTP_2025_2026_A_112713006_19082026192113.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:36:07.163Z.