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 With Safari Industries (India) Limited's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.
Financial Ratios:
currentRatio
0.000000
forwardPE
38.480392
debtToEquity
17.556000
earningsGrowth
-0.292000
revenueGrowth
0.140000
grossMargins
0.456470
operatingMargins
0.080530
trailingEps
30.510000
forwardEps
0.000000
SAFARI's low Debt-to-Equity ratio indicates the company is not over-leveraged. By limiting its dependence on debt, SAFARI reduces its financial risk and demonstrates a strong capital structure, making it a more stable investment option for those wary of excessive borrowing. SAFARI's low earnings and revenue growth suggest that the company may face shrinking profits. This could indicate underlying financial challenges, making it difficult for SAFARI to sustain its current profitability. SAFARI's negative gross and operating margins suggest that the company is struggling to cover its production and operating costs, leading to losses. This reflects a weakened financial state and potential difficulties in sustaining profitability.
Price projections:
Price projections for SAFARI SAFARI's price projections have been revised downward over time, reflecting a shift in sentiment among analysts. The steady decline in projections points to a more cautious outlook on the company's future performance.
Insider Transactions:
Insider Transactions for SAFARI
37 sales of Safari Industries (India) Limited stock were made, with market price at 2360.970257733319 per share.There were no sell transactions during the period under consideration.The higher volume of buys compared to sells near current SAFARI price levels may suggest optimism among investors. This could point to a favorable market outlook, as more people are willing to invest at these prices, anticipating potential future growth or strong performance.
Recommendation changes over time:
Recommendations trend for SAFARI
SAFARI has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see SAFARI as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.
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