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 forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.

Financial Ratios:

currentRatio 0.000000
forwardPE 39.466114
debtToEquity 12.575000
earningsGrowth 0.137000
revenueGrowth 0.173000
grossMargins 0.456710
operatingMargins 0.117160
trailingEps 30.500000
forwardEps 0.000000

Safari Industries (India) Limited's low Debt-to-Equity ratio suggests the company is minimally leveraged, with limited reliance on debt to finance its operations. This reduced financial risk positions the company for greater stability and financial health, appealing to investors who value conservative financial management.
SAFARI's positive earnings and revenue growth indicate that the company is on track to expand its business. This growth suggests a strong financial outlook, with increasing profits and sales positioning SAFARI for continued success in the market.

Price projections:

Price projections for SAFARI
Price projections for SAFARI

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:

Insider Transactions for SAFARI
Insider Transactions for SAFARI


32 sales transactions of SAFARI were conducted, with market price at 2423.365608215332.The period under consideration saw no sell transactions.The higher number of buys versus sells near SAFARI's current price suggests optimism among investors. This buying trend could be interpreted as a sign that the market expects favorable outcomes for the stock in the near future.

Recommendation changes over time:

Recommendations trend for SAFARI
Recommendations trend for SAFARI


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.