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

With SAFARI's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.

Financial Ratios:

currentRatio 3.789000
forwardPE 30.623796
debtToEquity 10.456000
earningsGrowth -0.003000
revenueGrowth 0.124000
grossMargins 0.471080
operatingMargins 0.092820
trailingEps 34.210000
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 low Debt-to-Equity ratio indicates the company is not over-leveraged. This suggests a balanced financial structure with limited reliance on debt, which reduces financial risk and enhances its stability, making SAFARI's financial position more secure and appealing to investors.
Safari Industries (India) Limited's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.

Price projections:

Price projections for SAFARI
Price projections for SAFARI

The current valuation of SAFARI, compared to projections, does not highlight any specific risks or opportunities. This stable scenario may lead investors to adopt a wait-and-see approach as they monitor future developments for potential shifts in the market.

Insider Transactions:

Insider Transactions for SAFARI
Insider Transactions for SAFARI


SAFARI had 28 sell transactions, while the market price was at 2145.710719517299 per share.SAFARI had 2 buy transactions while market price was at 2036.8500366210938 per share.There is no clear trend from the insider transactions, providing limited insights into whether these actions reflect growth or decline.

Recommendation changes over time:

Recommendations trend for SAFARI
Recommendations trend for SAFARI


SAFARI has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view SAFARI as a reliable choice for their money, offering a promising avenue for future growth and financial gains.