Safe Enterprises Retail Fixtures share price today

Safe Enterprises Retail Fixtures Ltd's share price was ₹229.50 at the close on 4 November 2026. It has been rising for 69 weeks. That is 7.0% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 1 week running.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Safe Enterprises Retail Fixtures Ltd is in stage 2. The phase helps read everything below.

In the last 52 weeks it traded between ₹196 and ₹308, and at that close it sat 30% of the way up from that low.

Over the last 1 year the share price moved +45% while the NIFTY 500 moved −7%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

One change stood out: number of shareholders up 45% in a year.

1. Number of shareholders up 45% in a year

   2,182 shareholders in the September 2026 quarter, against 1,501 a year earlier.

For January to March 2026 (the quarter ended 31 March 2026), Safe Enterprises Retail Fixtures reported revenue of ₹106 crore, up 30.9% from ₹81.0 crore a year earlier, and a profit of ₹31.0 crore, up 40.9% from ₹22.0 crore.

Safe Enterprises Retail Fixtures results: January to March 2026 against a year earlier

The next results, for April to June 2026, were due by 14 August 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). This page shows them once our weekly data update has read them.

The newest call in our records is from 30 September 2026, about April to June 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 31 March 2026). Revenue and profit in ₹ crore.

Safe Enterprises Retail Fixtures closed at ₹229.50 on 4 November 2026, up 17.2% from ₹195.75 a year earlier (7 November 2025). Its highest weekly close since June 2025 was ₹304.40 on 28 November 2025.

Safe Enterprises Retail Fixtures share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

78 weekly closes from 27 June 2025 to 4 November 2026.

4 Nov 2026: Safe Enterprises Retail Fixtures closed at ₹229.50, down 2.3% on the week and down 7.2% on the month. 30 Sep 2026: Safe Enterprises Retail Fixtures held its results call for April to June 2026. Management guided: FY27 revenue growth 25-35%.

Earlier

• Results for January to March 2026: Revenue up 30.9% and profit up 40.9% on a year earlier.

Safe Enterprises Retail Fixtures has paid no dividend on the NSE since its first NSE close in our records (27 June 2025), the start of the period we checked.

No. Safe Enterprises Retail Fixtures Ltd paid out 0% of its profit as dividends in each of its last 3 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 30 September 2026, Safe Enterprises Retail Fixtures' management guided: FY27 revenue growth 25-35%.

“By FY28, we are planning to cross the 400 crore mark in sales.”Migdad Merchant, Executive Director, Promoter & CFO, on the call for April to June 2026

What management guided

• Ambernath production on track for December, with contribution intended for FY28.
• FY28 retail-fixtures revenue planned above ₹400 crore.
• A separate Ambernath revenue potential of ₹1,000 crore with additional machinery.
• The coming year expected H2-heavy, with Q3 strongest as refurbishments follow store-build timing.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 30 September 2026.

When Safe Enterprises Retail Fixtures reports April to June 2026, these are the 4 checks that show whether the story is still on course. First: Ambernath commissioning - check commercial production and resulting capacity relief.

Safe Enterprises Retail Fixtures is not on any of our India lists this week.

Safe Enterprises Retail Fixtures Ltd earned ₹31.0 Cr of net profit in the Mar 2026 quarter, +40.9% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹64.0 Cr. Over 2 years profit has grown 66.8% a year on average. That is 29.2% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹64.0 Cr (+113.3% on the year before).

Safe Enterprises Retail Fixtures Ltd reported ₹106 Cr of revenue in the Mar 2026 quarter, +30.9% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 2 years it has grown 46.9% a year on average. The last full year, FY26, came in at ₹218 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹218 Cr, +92.9% on the year before.

Recent pace: the last four quarters grew +62.0% on average, against 46.9% a year over the longer run, so this year is growing faster than its own long-run rate.

Safe Enterprises Retail Fixtures Ltd's operating margin was 35.0% in the Mar 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 3 years it has been between 31.0% and 36.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

Over the last 3 years, 57% of Safe Enterprises Retail Fixtures Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹34.0 Cr of operating cash against ₹64.0 Cr of profit. After ₹66.0 Cr of spending on assets, free cash was −₹32.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 57% of profit came in as cash: the cash cycle got 49 days longer between FY24 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 49 days longer. The next section looks at where the cash is stuck.

Safe Enterprises Retail Fixtures Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 69 days in FY26, up from 20 days in FY24. It spent ₹72.0 Cr on assets over the last 2 years. Customers take 76 days to pay, and stock sits for 55 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹218 Cr, each day of that cycle ties up about ₹0.6 Cr, so roughly ₹41.0 Cr is tied up in the business at any time.

FY26: customers took 76 days to pay and stock sat for 55 days, about 1.8 months of sales sitting as stock, for a full cycle of 69 days, longer than FY24's 20.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 55 days. Customers pay about 76 days after that. Suppliers are paid at 62 days. Together that makes the 69-day cycle.

Spending on assets: ₹72.0 Cr over the last 2 years, against ₹3.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹59.0 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Safe Enterprises Retail Fixtures Ltd's P/E is 16.6×, near the low end of its own history: it has been lower only 15% of the time. Its usual P/E (the middle reading) is 18.6×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved +55.3% while the price moved +17.2%. Earnings did better than the price, which pulled the multiple down within its own range.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Safe Enterprises Retail Fixtures Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Safe Enterprises Retail Fixtures Ltd earned a ROCE of 47% in FY26. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 29.4% net margin and 0.69× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 29.4% net margin × 0.69× asset turnover × 1.11× leverage (assets divided by equity) ≈ 22.5% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed.

The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 2.4% on reported income across 4 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

Safe Enterprises Retail Fixtures Ltd had ₹0.0 Cr of borrowings against ₹287 Cr of equity in FY26, so its debt is 0.00× its equity. Over 2 years borrowings went from ₹1.0 Cr to ₹0.0 Cr. Over the last 2 of those years it spent ₹72.0 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

The spending on assets is being paid for from cash, not new debt.

The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 2.4% on reported income across 4 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

No group of Safe Enterprises Retail Fixtures Ltd's owners changed its stake by a full percentage point over the last 4 quarters. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

For Safe Enterprises Retail Fixtures Ltd, the Z-score is left out, because it comes from the second data source we could not check, and a safety score is not worth showing when two sources disagree. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

52.1 out of 100, rank 10 of 10 in Steel, with 42% of the evidence available. It is provisional, so it is ranked below companies with full evidence.

Safe Enterprises Retail Fixtures Ltd scores 52.1 out of 100 against the 10 companies it is compared with in Steel, ranking 10. Some evidence is missing, so the score is pulled toward the middle on purpose.

The four parts add up to the total exactly: 16.5 + 19.1 + 10.5 + 6 = 52.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Safe Enterprises Retail Fixtures ranks 10 of 10 Steel companies on the 4-Factor Sector Score, with 52.1 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Steel, all 10 compared on one page.

Safe Enterprises Retail Fixtures is the 8th largest of 10 Steel companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: NMDC Steel, Mukand, Rajputana Stainless and Mangalam Worldwide. Just below it: India Homes and Manaksia Steels.

Steel companies close in size

4. NMDC Steel Ltd ₹11,037 crore
5. Mukand Ltd ₹2,044 crore
6. Rajputana Stainless Ltd ₹1,402 crore
7. Mangalam Worldwide Ltd ₹1,105 crore
8. Safe Enterprises Retail Fixtures Ltd ₹1,095 crore
9. India Homes Ltd ₹1,031 crore
10. Manaksia Steels Ltd ₹800 crore

All 10 Steel companies, largest first

Companies close in size in other industries

1535. Vardhman Holdings Ltd ₹1,100 crore · Finance - Holding Company
1536. Shree Refrigerations Ltd ₹1,097 crore · Engineering - Light - General
1537. Safe Enterprises Retail Fixtures Ltd ₹1,095 crore
1538. Sunrakshakk Industries India Ltd ₹1,095 crore · Textiles - Processing/Texturising
1539. Everest Kanto Cylinder Ltd ₹1,093 crore · Cylinder

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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