Safari Industries (India) Limited manufactures and markets luggage and luggage related accessories in India.
Reasonable growth potential with adequate balance sheet.
Share Price & News
How has Safari Industries (India)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 523025 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 523025 underperformed the Indian Luxury industry which returned 16.6% over the past year.
Return vs Market: 523025 underperformed the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is Safari Industries (India)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Safari Industries (India) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 523025 (₹648.5) is trading below our estimate of fair value (₹948.66)
Significantly Below Fair Value: 523025 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 523025 is poor value based on its PE Ratio (53.1x) compared to the Luxury industry average (11.1x).
PE vs Market: 523025 is poor value based on its PE Ratio (53.1x) compared to the Indian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: 523025 is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: 523025 is overvalued based on its PB Ratio (7.2x) compared to the IN Luxury industry average (0.5x).
How is Safari Industries (India) forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 523025's forecast earnings growth (25.1% per year) is above the savings rate (6.5%).
Earnings vs Market: 523025's earnings (25.1% per year) are forecast to grow faster than the Indian market (20.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 523025's revenue (19.4% per year) is forecast to grow faster than the Indian market (9% per year).
High Growth Revenue: 523025's revenue (19.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 523025's Return on Equity is forecast to be low in 3 years time (18%).
How has Safari Industries (India) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 523025 has a high level of non-cash earnings.
Growing Profit Margin: 523025's current net profit margins (4.7%) are lower than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: 523025's earnings have grown significantly by 64.5% per year over the past 5 years.
Accelerating Growth: 523025's earnings growth over the past year (26.3%) is below its 5-year average (64.5% per year).
Earnings vs Industry: 523025 earnings growth over the past year (26.3%) exceeded the Luxury industry 2.5%.
Return on Equity
High ROE: 523025's Return on Equity (13.6%) is considered low.
Return on Assets
Return on Capital Employed
How is Safari Industries (India)'s financial position?
Financial Position Analysis
Short Term Liabilities: 523025's short term assets (₹3.4B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 523025's short term assets (₹3.4B) exceed its long term liabilities (₹14.3M).
Debt to Equity History and Analysis
Debt Level: 523025's debt to equity ratio (52%) is considered high.
Reducing Debt: 523025's debt to equity ratio has reduced from 440.1% to 52% over the past 5 years.
Debt Coverage: 523025's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 523025's interest payments on its debt are well covered by EBIT (15.1x coverage).
Inventory Level: 523025 has a high level of physical assets or inventory.
Debt Coverage by Assets: 523025's debt is covered by short term assets (assets are 3.3x debt).
What is Safari Industries (India)'s current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 523025's dividend (0.077%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.59%).
High Dividend: 523025's dividend (0.077%) is low compared to the top 25% of dividend payers in the Indian market (2.52%).
Stability and Growth of Payments
Stable Dividend: 523025 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: 523025 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 523025 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 523025's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sudhir Jatia (50yo)
Mr. Sudhir M. Jatia has been the Managing Director of Safari Industries India Ltd. since April 18, 2012. Mr. Jatia served as the Managing Director of Aristocrat Luggage Limited. He served as Managing Direc ...
CEO Compensation Analysis
Compensation vs Market: Sudhir's total compensation ($USD147.71K) is below average for companies of similar size in the Indian market ($USD298.20K).
Compensation vs Earnings: Sudhir's compensation has been consistent with company performance over the past year.
|Chairman & MD||7.8yrs||₹10.56m||46.52% ₹6.8b|
|Chief Financial Officer||3.8yrs||₹13.39m||0.054% ₹7.8m|
|Company Secretary & Compliance Officer||2yrs||₹1.53m||no data|
Experienced Management: 523025's management team is considered experienced (3.8 years average tenure).
|Chairman & MD||7.8yrs||₹10.56m||46.52% ₹6.8b|
|Non-Executive & Independent Director||12.8yrs||₹890.00k||no data|
|Non-Executive & Independent Director||6.3yrs||₹740.00k||no data|
|Non-Executive & Independent Director||5.4yrs||₹720.00k||no data|
|Non Independent Non Executive Director||3yrs||₹120.00k||no data|
|Non-Executive Director||7.8yrs||₹105.00k||no data|
|Non-Executive & Independent Director||7.8yrs||₹675.00k||no data|
|Non-Executive & Independent Director||3.8yrs||₹210.00k||no data|
|Additional Non Executive & Non Independent Director||0yrs||no data||no data|
Experienced Board: 523025's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 523025 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.3%.
Safari Industries (India) Limited's company bio, employee growth, exchange listings and data sources
- Name: Safari Industries (India) Limited
- Ticker: 523025
- Exchange: BSE
- Founded: 1980
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹14.589b
- Shares outstanding: 22.36m
- Website: https://www.safaribags.com
Number of Employees
- Safari Industries (India) Limited
- 302-303, A Wing, The Qube
- CTS No.1498, A/2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|523025||BSE (Mumbai Stock Exchange)||INR2||IN||INR||No data|
|523025||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 2002|
|SAFARI||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jan 2002|
Safari Industries (India) Limited manufactures and markets luggage and luggage related accessories in India. Its products include school bags, backpacks, rucksacks, laptop bags, uprights/duffles, and polycarbonate bags. It sells its products under the Safari, Magnum, Genius, and Genie brand names. The company offers products through approximately 50 retail stores, as well as online. Safari Industries (India) Limited was incorporated in 1980 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 12:44|
|End of Day Share Price||2020/02/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.