Overall Fundamental outlook

Business Operations:

Sector: Consumer Cyclical
Industry: Footwear & Accessories

Safari Industries (India) Limited manufactures and markets luggage and luggage accessories in India. The company offers printed, laptop, hard and soft luggage bags; school, laptop, office, college, anti-theft, tech, expandable storage, formal, adventure, and overnighters backpacks; accessories, such as sling bags, messenger bags, and neck pillows; and duffle bags. It sells its products under the Safari, Urban Jungle, and Genie brands through website and stores, as well as through e-commerce platforms. Safari Industries (India) Limited was incorporated in 1980 and is based in Mumbai, India.

Revenue projections:

Revenue projections for SAFARI
Revenue projections for SAFARI

SAFARI's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 3.10800
forwardPE 38.48514
debtToEquity 10.82800
earningsGrowth 0.58100
revenueGrowth 0.16500
grossMargins 0.46492
operatingMargins 0.10588
trailingEps 32.89000
forwardEps 51.49000

SAFARI's current ratio of 3.108 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. SAFARI's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
SAFARI's low Debt-to-Equity ratio indicates that the company isn't over-leveraged, suggesting it maintains a healthy balance between debt and equity. This lowers financial risk and points to a stable financial foundation, reassuring investors of the company's financial health.
SAFARI's positive earnings and revenue growth indicate that the company is expected to continue expanding its business. These trends reflect strong financial health, with increasing profits and sales suggesting sustained growth and success for SAFARI.
SAFARI's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in SAFARI's earnings potential, with forecasts indicating better financial performance than in the prior year.

Price projections:

Price projections for SAFARI
Price projections for SAFARI

SAFARI's current price concerning projections presents no discernible risks or opportunities. This balanced situation suggests a period of stability, where investors might consider holding their positions until more information becomes available.

Insider Transactions:

Insider Transactions for SAFARI
Insider Transactions for SAFARI


SAFARI experienced 28 sell transactions with market price of 2217.8017926897323 per share.Safari Industries (India) Limited saw 2 transactions to buy shares, with a market price of 2036.8500366210938.The list of insider transactions is inconclusive, with no evident trend emerging to suggest a notable shift in company behavior or outlook.

Recommendation changes over time:

Recommendations trend for SAFARI
Recommendations trend for SAFARI


The analysts' recent buy bias for SAFARI indicates strong confidence in the stock's future performance. This could encourage more investors to view SAFARI as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.