Analyst Rating
based on 10 analysts
66.67%
Buy
33.33%
Hold
0.00%
Sell
Based on 10 analysts offering long term price targets for Safari Industries (India) Ltd. An average target of ₹2573.5
Source: S&P Global Market Intelligence
Safari Industries (India) Ltd Share analysis
Safari Industries (India) Ltd price forecast by 10 analysts
Upside of0.76%
High
₹3175
Target
₹2573.50
Low
₹2300
Safari Industries (India) Ltd target price ₹2573.5, a slight upside of 0.76% compared to current price of ₹2523.3. According to 10 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Safari Industries (India) Ltd revenue growth forecast
Expected growth rate Q1, FY2026:41.54%
Forecast
Actual
Including amortisation and stock based compensations
Safari Industries (India) Ltd EPS growth forecast
EPS estimate Q1, FY2026:45.70%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹2,517.1₹2,613.7552 Week's Low
52 Week's High
₹1,648.6₹2,613.75
| Returns % | |
| 1 Month Return | + 6.44 % |
| 3 Month Return | + 22.09 % |
| 1 Year Return | + 45.9 % |
| Market Stats | |
| Previous Close | ₹2,554.10 |
| Open | ₹2,526.35 |
| Volume | 88.93K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹12,482.60Cr |
Key Statistics
| P/E Ratio | 71.95 |
| PEG Ratio | 18.03 |
| Market Cap | ₹12,482.60 Cr |
| P/B Ratio | 10.57 |
| EPS | 36.06 |
| Dividend Yield | 0.23 |
| Sector | Plastic products |
| ROE | 25.42 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹12,482.60 Cr | 162.93% | 0.57 | ₹175 Cr | ₹1,550 Cr | |
| NA | ₹133.18 Cr | 27.5% | 0.50 | NA | NA | |
| NA | ₹56.50 Cr | 113.21% | 0.82 | NA | NA | |
| NA | ₹49.62 Cr | 82.35% | 0.58 | NA | NA | |
| NA | ₹371.03 Cr | 17.78% | 0.51 | NA | NA |
Company Information
The company operates in a variety of lines of business, including the production and sale of hard-sided luggage, soft-sided luggage, business bags, duffel bags, backpacks, and travel accessories. Safari Industries' top products include their signature hard-sided luggage, which is available in a variety of sizes and colors, as well as their popular business bags and backpacks.
Share Price: ₹2523.30 per share as on 16 Sep, 2024 03:23 PM
Market Capitalisation: ₹12,482.60Cr as of today
Revenue: ₹450.02Cr as on June 2024 (Q2 24)
Net Profit: ₹44.41Cr as on June 2024 (Q2 24)
Listing date: 12 Sep, 2019
Chairperson Name: Sudhir Jatia
| Organisation | Safari Industries (India) Ltd |
| Headquarters | |
| Industry | Plastic products |
| E-voting on shares | Click here to vote |
Key events for Safari Industries (India) Ltd
Safari Industries Hits All-Time High Amid Volume Surge - 30 Aug, 2024
On August 30, 2024, Safari Industries shares reached an all-time high of Rs 2,485, boosted by a significant increase in trading volumes, despite a recent decline in net profit.
Safari Industries Maintains Positive Outlook Despite Challenges - 08 Aug, 2024
Prabhudas Lilladher maintains a 'BUY' rating on Safari Industries with a target price of Rs 2,476. Despite a subdued performance and EPS cuts due to competitive pressures, the new Jaipur plant is expected to enhance cost competitiveness and drive growth, with projected sales and PAT CAGR of 21% and 24% over FY24-FY26E.
Safari Industries Stock Surges Ahead of Results - 07 Aug, 2024
Safari Industries (India) Ltd shares rose over 8% ahead of quarterly results, with a 21% increase in 2024. Volume surged 17.38 times the average.
Insights on Safari Industries (India) Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 4 quarters, 39.76 Cr → 44.41 Cr (in ₹), with an average increase of 3.6% per quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, SAFARI has outperformed top 5 stocks with highest market-cap in Apparel & Accessories
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 370.48 Cr → 458.24 Cr (in ₹), with an average increase of 19.2% per quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, SAFARI has outperformed top 5 stocks with highest market-cap in Apparel & Accessories
- POSITIVE IMPACT
Price Rise
In the last 7 days, SAFARI stock has moved up by 5.2%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 14.92% to 16.27% in Jun 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 45.73% of holdings in Jun 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 20.61% to 19.76% in Jun 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 13.14% to 12.69% in Jun 2024 quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 45.73% | 0.00 | |
| Foreign Institutions | 12.69% | ||
| Mutual Funds | 16.27% | 9.00 | |
| Retail Investors | 19.76% | ||
| Others | 5.56% |
Key Indicators
Safari Industries (India) Ltd Valuation
Safari Industries (India) Ltd in the last 5 years
Lowest (-96.99x)
December 7, 2020
Today (71.95x)
September 13, 2024
Industry (76.30x)
September 13, 2024
Highest (312.46x)
August 26, 2020
Earnings and Dividends
Safari Industries (India) Ltd Earnings Results
Safari Industries (India) Ltd’s net profit fell -11.07% since last year same period to ₹44.41Cr in the Q1 2024-2025. On a quarterly growth basis, Safari Industries (India) Ltd has generated 2.82% jump in its net profits since last 3-months.
Read More about Earnings ResultsSafari Industries (India) Ltd Dividends May,2024
In the quarter ending March 2024, Safari Industries (India) Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.23%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Safari Industries (India) Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
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Safari Industries (India) Ltd (SAFARI) share price today is ₹2523.3
Safari Industries (India) Ltd is listed on NSE
Safari Industries (India) Ltd is listed on BSE
- Today’s highest price of Safari Industries (India) Ltd is ₹2613.75.
- Today’s lowest price of Safari Industries (India) Ltd is ₹2517.1.
PE Ratio of Safari Industries (India) Ltd is 71.95
PE ratio = Safari Industries (India) Ltd Market price per share / Safari Industries (India) Ltd Earnings per share
Today’s traded volume of Safari Industries (India) Ltd(SAFARI) is 88.93K.
Today’s market capitalisation of Safari Industries (India) Ltd(SAFARI) is ₹12482.6Cr.
| Safari Industries (India) Ltd(SAFARI | Price |
|---|---|
52 Week High | ₹2613.75 |
52 Week Low | ₹1648.6 |
Safari Industries (India) Ltd(SAFARI) share price is ₹2523.3. It is down -3.46% from its 52 Week High price of ₹2613.75
Safari Industries (India) Ltd(SAFARI) share price is ₹2523.3. It is up 53.06% from its 52 Week Low price of ₹1648.6
| Safari Industries (India) Ltd(SAFARI | Returns |
|---|---|
1 Day Returns | -30.8% |
1 Month Returns | 6.44% |
3 Month Returns | 22.09% |
1 Year Returns | 45.9% |