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 projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.

Financial Ratios:

currentRatio 3.108000
forwardPE 48.484734
debtToEquity 10.828000
earningsGrowth 0.581000
revenueGrowth 0.165000
grossMargins 0.464920
operatingMargins 0.105880
trailingEps 33.040000
forwardEps 0.000000

SAFARI's current ratio being 3.108 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that SAFARI can meet its financial obligations with ease.
SAFARI's low Debt-to-Equity ratio shows the company avoids heavy reliance on debt. This balanced approach reduces financial risk, as it maintains a healthy equity position without excessive leverage, providing greater financial stability and flexibility.
SAFARI's positive earnings and revenue growth signal the company's business is on track for further expansion. These strong financial trends suggest that SAFARI will continue to grow its operations, driven by increasing profits and revenue.

Price projections:

Price projections for SAFARI
Price projections for SAFARI

SAFARI's price projections have gradually declined, indicating growing uncertainty about the company's ability to meet previous targets. The downward trend reflects a more conservative view of SAFARI's future.

Insider Transactions:

Insider Transactions for SAFARI
Insider Transactions for SAFARI


SAFARI experienced 30 selling transactions, with market price of 2277.4050130208334.Safari Industries (India) Limited saw 2 buying transactions, each while market price hovered at 2036.8500366210938.With more selling than buying at Safari Industries (India) Limited's current price levels, there is a risk of further price decline. If this trend continues, it may suggest investor pessimism, leading to a continued downward trajectory for the stock.

Recommendation changes over time:

Recommendations trend for SAFARI
Recommendations trend for SAFARI


Analysts' buy bias for SAFARI signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to SAFARI, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.