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's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.
Financial Ratios:
currentRatio
0.000000
forwardPE
40.217648
debtToEquity
17.556000
earningsGrowth
-0.292000
revenueGrowth
0.140000
grossMargins
0.456470
operatingMargins
0.080530
trailingEps
30.450000
forwardEps
0.000000
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 low growth in both earnings and revenue indicates the company's profits may decrease. This trend could signal a downturn in financial performance, suggesting that Safari Industries (India) Limited might struggle to maintain its current profit levels. SAFARI's negative gross and operating margins indicate that the company is currently unprofitable at both the production and operational levels. This suggests significant challenges in managing costs and generating revenue, which could impact its overall financial health.
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
SAFARI had 37 sell transactions, while the market price was at 2360.970257733319 per share.No sell transactions were carried out during the period under review.SAFARI has seen more buys than sells at its current price levels, which may suggest optimism among investors. This buying trend could indicate that the market expects a favorable performance for the stock in the near future.
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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