3 Plastic Furniture and Mattress Maker, Houseware and Glassware Brand and Luggage Brand Stocks With a Strong Future Roadmap: Nilkamal, Cello World and Safari Industries (India)

Nilkamal, Cello World and Safari Industries (India): ROE of 8.1% to 15.1% and FY22 to FY26 revenue CAGR of 8.4% to 30.6%. Prices as of 23 Oct 2026.

Updated: 26 Oct 2026 • 11:22 am

Posted by:

Quick Answer

The three plastic furniture, houseware and luggage stocks to watch are Nilkamal, Cello World and Safari Industries (India). Their return on equity ranges from 8.1% to 15.1%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.4% to 30.6%. Safari Industries (India) leads on both return on equity at 15.1% and revenue growth at 30.6% a year. Prices are based on the 23 October 2026 close, and this article is educational, not investment advice.

Plastic furniture, houseware and luggage stocks let investors follow brands that fill Indian homes and travel bags. Nilkamal, Cello World and Safari Industries cover a plastic furniture and mattress maker, a houseware and glassware brand and a luggage brand.

This list covers three plastic furniture, houseware and luggage stocks with complete current figures: Nilkamal, Cello World and Safari Industries (India). Every figure comes from the latest reported financials and the 23 October 2026 market close. Companies without complete current figures were left out.

Click Here – Get Free Investment Predictions

Table of Contents

What Are Plastic Furniture, Houseware and Luggage Stocks?

Plastic furniture, houseware and luggage stocks are listed consumer products companies that make moulded furniture, kitchenware, glassware and travel bags. Their earnings depend on household spending, distribution reach, brand strength and polymer costs.

Plastic Furniture, Houseware and Luggage Stocks at a Glance

Company	CMP (Rs)	Market Cap (Rs Cr)	P/E	Industry P/E	ROE (%)	D/E
Nilkamal	1,622.7	2,412	19.3	34.4	8.1	0.27
Cello World	354	7,985	24.6	41.4	12.3	0.01
Safari Industries (India)	1,225.8	6,495	39.4	36.4	15.1	0.10

On valuation, Nilkamal and Cello World trade at a P/E below the industry P/E, while Safari Industries (India) trades above it, which reflects the growth the market already expects.

Why Do Plastic Furniture, Houseware and Luggage Stocks Have a Strong Roadmap in India?

Plastic furniture, houseware and luggage stocks have a strong roadmap in India because rising incomes, more travel and a shift from unbranded to branded household products keep widening the market.

Branded household goods. Families prefer trusted names for quality.
Rising travel. More trips lift demand for branded luggage.
Wider distribution. Modern retail and online sales extend reach.

Why Nilkamal Features Among These Plastic Furniture, Houseware and Luggage Stocks

Among the plastic furniture, houseware and luggage stocks on this list, Nilkamal is a leading maker of moulded plastic furniture, crates and material handling products, and it also sells mattresses and home furniture through its own retail stores.

The company has a return on equity of 8.1%, a debt to equity ratio of 0.27 and a market capitalisation of Rs 2,412 crore. The stock trades at a P/E of 19.3, below the industry P/E of 34.4.

Revenue rose from Rs 2,742 crore in FY22 to Rs 3,792 crore in FY26, a compound annual growth rate of 8.4%. Net profit grew from Rs 83.4 crore in FY22 to Rs 116 crore in FY26, which works out to a compound annual growth rate of 8.6%.

Roadmap: The company is growing its furniture and mattress businesses and widening its retail footprint. Demand for storage and handling products from industry and logistics supports steady sales.

What to watch: Follow polymer prices, growth in the furniture and mattress lines and retail store additions.

Why Cello World Features Among These Plastic Furniture, Houseware and Luggage Stocks

Among the consumer products brand shares on this list, Cello World is a consumer products company that sells houseware, writing instruments, glassware and moulded furniture under the Cello brand through a wide distribution network.

Revenue rose from Rs 1,375 crore in FY22 to Rs 2,379 crore in FY26, a compound annual growth rate of 14.7%. Net profit grew from Rs 220 crore in FY22 to Rs 332 crore in FY26, which works out to a compound annual growth rate of 10.9%.

The company has a return on equity of 12.3%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 7,985 crore. The stock trades at a P/E of 24.6, below the industry P/E of 41.4.

Roadmap: The company is growing its glassware and houseware ranges and expanding its reach in modern retail. A trusted household brand helps it enter new product categories.

What to watch: Track growth in glassware and writing instruments, distribution expansion and input costs.

Why Safari Industries (India) Features Among These Plastic Furniture, Houseware and Luggage Stocks

Among the three companies on this list, Safari Industries (India) makes hard luggage and soft luggage, including trolley bags and backpacks, and sells through retail stores, online channels and distributors.

In the June 2026 quarter, revenue grew 11.6% year on year to Rs 596 crore. Revenue rose from Rs 713 crore in FY22 to Rs 2,072 crore in FY26, a compound annual growth rate of 30.6%.

Net profit grew from Rs 22.4 crore in FY22 to Rs 168 crore in FY26, which works out to a compound annual growth rate of 65.5%. The company has a return on equity of 15.1%, a debt to equity ratio of 0.10 and a market capitalisation of Rs 6,495 crore. The stock trades at a P/E of 39.4, above the industry P/E of 36.4.

Roadmap: Rising travel, a shift to branded luggage and capacity additions support its sales. The company's push for a premium range and wider retail reach adds to demand, and a bigger plant network supports growth.

What to watch: Follow travel demand trends and the pace of capacity ramp-up.

Nilkamal vs Cello World vs Safari Industries (India) on Key Financials

The table below sets the three plastic furniture, houseware and luggage stocks side by side on revenue, profit and margin, using reported figures.

Company	FY22 Revenue (Rs Cr)	FY26 Revenue (Rs Cr)	Revenue CAGR (FY22-FY26)	FY26 Net Profit (Rs Cr)	FY26 Net Margin
Nilkamal	2,742	3,792	8.4%	116	3.1%
Cello World	1,375	2,379	14.7%	332	13.9%
Safari Industries (India)	713	2,072	30.6%	168	8.1%

Safari Industries (India) posts the highest return on equity in this group at 15.1%. Nilkamal has the largest FY26 revenue at Rs 3,792 crore, and Safari Industries (India) shows the fastest revenue growth with a 30.6% compound annual rate.

Key Risks to Check Before Investing in Plastic Furniture, Houseware and Luggage Stocks

Every theme carries risks that deserve a check before any decision. For these plastic furniture, houseware and luggage stocks, the main points are:

Polymer prices. Plastic resin costs affect margins.
Competition. Many brands compete for shelf space.
Spending cycle. Household purchases can slow in weak periods.

Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.

Use the Univest Stock Screener to filter plastic furniture, houseware and luggage stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.

Final Thoughts on Plastic Furniture, Houseware and Luggage Stocks

Plastic furniture, houseware and luggage stocks reward investors who follow distribution growth, brand strength and input costs together. Nilkamal, Cello World and Safari Industries each have a clear plan to expand. Based on the 23 October 2026 close, Nilkamal trades at Rs 1,622.7, Cello World at Rs 354 and Safari Industries (India) at Rs 1,225.8.

Download the Univest iOS App or Univest Android App to track plastic furniture, houseware and luggage stocks, set price alerts and get research-backed stock ideas.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

What are plastic furniture, houseware and luggage stocks?

Ans. Plastic furniture, houseware and luggage stocks are listed consumer products companies that make moulded furniture, kitchenware, glassware and travel bags. Their earnings depend on household spending, distribution reach, brand strength and polymer costs. This list looks at three of them, Nilkamal, Cello World and Safari Industries (India), using reported FY22 to FY26 financials and the 23 October 2026 closing prices.

Which plastic furniture, houseware and luggage stocks are covered in this list?

Ans. This list covers Nilkamal, Cello World and Safari Industries (India). Based on the 23 October 2026 close, Nilkamal traded at Rs 1,622.7, Cello World at Rs 354 and Safari Industries (India) at Rs 1,225.8. Their return on equity ranges from 8.1% to 15.1%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.4% to 30.6%.

Why do plastic furniture, houseware and luggage stocks have a strong future roadmap in India?

Ans. Plastic furniture, houseware and luggage stocks have a strong roadmap in India because rising incomes, more travel and a shift from unbranded to branded household products keep widening the market. The main drivers are as follows. Branded household goods. Families prefer trusted names for quality. Rising travel. More trips lift demand for branded luggage. Wider distribution. Modern retail and online sales extend reach. Together these factors give the companies on this list a visible path for growth over the coming years.

How has Nilkamal performed financially?

Ans. Revenue rose from Rs 2,742 crore in FY22 to Rs 3,792 crore in FY26, a compound annual growth rate of 8.4%. Net profit grew from Rs 83.4 crore in FY22 to Rs 116 crore in FY26, which works out to a compound annual growth rate of 8.6%. The company has a return on equity of 8.1%, a debt to equity ratio of 0.27 and a market capitalisation of Rs 2,412 crore. The stock trades at a P/E of 19.3, below the industry P/E of 34.4. Looking ahead, the company is growing its furniture and mattress businesses and widening its retail footprint. Demand for storage and handling products from industry and logistics supports steady sales.

How has Cello World performed financially?

Ans. Revenue rose from Rs 1,375 crore in FY22 to Rs 2,379 crore in FY26, a compound annual growth rate of 14.7%. Net profit grew from Rs 220 crore in FY22 to Rs 332 crore in FY26, which works out to a compound annual growth rate of 10.9%. The company has a return on equity of 12.3%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 7,985 crore. The stock trades at a P/E of 24.6, below the industry P/E of 41.4. Looking ahead, the company is growing its glassware and houseware ranges and expanding its reach in modern retail. A trusted household brand helps it enter new product categories.

How has Safari Industries (India) performed financially?

Ans. Revenue rose from Rs 713 crore in FY22 to Rs 2,072 crore in FY26, a compound annual growth rate of 30.6%. Net profit grew from Rs 22.4 crore in FY22 to Rs 168 crore in FY26, which works out to a compound annual growth rate of 65.5%. In the June 2026 quarter, revenue grew 11.6% year on year to Rs 596 crore. The company has a return on equity of 15.1%, a debt to equity ratio of 0.10 and a market capitalisation of Rs 6,495 crore. The stock trades at a P/E of 39.4, above the industry P/E of 36.4. Looking ahead, rising travel, a shift to branded luggage and capacity additions support its sales. The company's push for a premium range and wider retail reach adds to demand, and a bigger plant network supports growth.

What risks should investors check before buying plastic furniture, houseware and luggage stocks?

Ans. Investors should check a few risks before buying plastic furniture, houseware and luggage stocks. Polymer prices. Plastic resin costs affect margins. Competition. Many brands compete for shelf space. Spending cycle. Household purchases can slow in weak periods. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.

Is this list of plastic furniture, houseware and luggage stocks investment advice?

Ans. No. This article is educational and uses publicly available data as of the 23 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.