More about Safari Industries (India) Limited
Fundamentals for Safari Industries (India) Limited
Regulatory Filings for Safari Industries (India) Limited
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Fundamentals for Safari Industries (India) Limited
Business Operations:
Sector: Consumer CyclicalIndustry: 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:
SAFARI's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.
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, being 3.108, demonstrates that the company has the liquidity necessary to service its short-term debt. With strong cash reserves and current assets, SAFARI is well-equipped to meet its immediate financial obligations without any difficulties.
SAFARI's low Debt-to-Equity ratio reflects limited reliance on debt, signaling the company is not over-leveraged. This lower financial risk suggests that SAFARI has a strong capital structure, which can help sustain long-term stability and attract cautious investors.
SAFARI's positive earnings and revenue growth reflect an optimistic outlook for the company's future. The growth in these key areas indicates that SAFARI is expected to continue expanding its business and boosting its financial performance in the coming periods.
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:
The present price of SAFARI in relation to its projections indicates a lack of clear risks or opportunities. This balanced situation suggests that investors may find it prudent to wait for further signals before making significant moves in the stock.
Insider Transactions:
27 sell transactions of Safari Industries (India) Limited were recorded, with market price hovering near 2199.525933159722.2 buy transactions of SAFARI stock were completed, with market price at 2036.8500366210938.Insider activity within the company doesn't point to any consistent trend, making it difficult to forecast the firm's direction based on these transactions.
Recommendation changes over time:
Analysts are favoring Safari Industries (India) Limited with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider Safari Industries (India) Limited as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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