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:
With SAFARI's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.
Financial Ratios:
| currentRatio | 3.789000 |
|---|---|
| forwardPE | 29.416636 |
| debtToEquity | 10.456000 |
| earningsGrowth | -0.003000 |
| revenueGrowth | 0.124000 |
| grossMargins | 0.471080 |
| operatingMargins | 0.092820 |
| trailingEps | 34.200000 |
| forwardEps | 51.940000 |
SAFARI's current ratio being 3.789 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
SAFARI's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation.
SAFARI's low Debt-to-Equity ratio demonstrates that the company maintains a healthy balance between equity and debt, avoiding over-leverage. This suggests a low-risk financial profile, giving investors confidence in the company's stability and ability to manage its financial commitments.
Safari Industries (India) Limited's forward EPS surpasses its trailing EPS, reflecting expectations of higher profitability in the current year. This suggests that Safari Industries (India) Limited is projected to generate stronger earnings, indicating an optimistic financial outlook compared to the prior year's results.
Price projections:
Over time, analysts have gradually revised SAFARI's price projections downward. This suggests growing concerns about the company's ability to meet previous expectations, pointing to a more conservative outlook.
Insider Transactions:
27 separate sales of Safari Industries (India) Limited shares were executed, with the market price hovering at 2174.274079499421.Safari Industries (India) Limited had 2 buy transactions while market price was at 2036.8500366210938 per share.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 have shown a buy bias for SAFARI, marking it as a favorable investment option. This could inspire investors to see SAFARI as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.
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