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Safari Industries (India)

BSE:523025
Snowflake Description

High growth potential with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
523025
BSE
₹16B
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Safari Industries (India) Limited manufactures and markets luggage and luggage related accessories in India. The last earnings update was 270 days ago. More info.


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523025 Share Price and Events
7 Day Returns
-7.2%
BSE:523025
-1.3%
IN Luxury
-3.1%
IN Market
1 Year Returns
34.6%
BSE:523025
-8.5%
IN Luxury
-9.2%
IN Market
523025 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Safari Industries (India) (523025) -7.2% -8.8% -3.1% 34.6% 290.6% 1029%
IN Luxury -1.3% -0.8% -1.2% -8.5% 51.9% 196.8%
IN Market -3.1% -3.8% -2.9% -9.2% 43.1% 83.1%
1 Year Return vs Industry and Market
  • 523025 outperformed the Luxury industry which returned -8.5% over the past year.
  • 523025 outperformed the Market in India which returned -9.2% over the past year.
Price Volatility
523025
Industry
5yr Volatility vs Market

Value

 Is Safari Industries (India) undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Safari Industries (India). This is due to cash flow or dividend data being unavailable. The share price is ₹722.55.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Safari Industries (India)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Safari Industries (India)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:523025 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹10.08
BSE:523025 Share Price ** BSE (2019-02-15) in INR ₹722.55
India Luxury Industry PE Ratio Median Figure of 237 Publicly-Listed Luxury Companies 11.67x
India Market PE Ratio Median Figure of 2,734 Publicly-Listed Companies 15.39x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Safari Industries (India).

BSE:523025 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:523025 Share Price ÷ EPS (both in INR)

= 722.55 ÷ 10.08

71.71x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Safari Industries (India) is overvalued based on earnings compared to the IN Luxury industry average.
  • Safari Industries (India) is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Safari Industries (India)'s expected growth come at a high price?
Raw Data
BSE:523025 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 71.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
32.4%per year
India Luxury Industry PEG Ratio Median Figure of 28 Publicly-Listed Luxury Companies 1.11x
India Market PEG Ratio Median Figure of 608 Publicly-Listed Companies 1.1x

*Line of best fit is calculated by linear regression .

BSE:523025 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 71.71x ÷ 32.4%

2.21x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Safari Industries (India) is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Safari Industries (India)'s assets?
Raw Data
BSE:523025 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹77.68
BSE:523025 Share Price * BSE (2019-02-15) in INR ₹722.55
India Luxury Industry PB Ratio Median Figure of 307 Publicly-Listed Luxury Companies 0.71x
India Market PB Ratio Median Figure of 3,588 Publicly-Listed Companies 1.06x
BSE:523025 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:523025 Share Price ÷ Book Value per Share (both in INR)

= 722.55 ÷ 77.68

9.3x

* Primary Listing of Safari Industries (India).

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Safari Industries (India) is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Safari Industries (India)'s value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Safari Industries (India) has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Safari Industries (India) expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
32.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Safari Industries (India) expected to grow at an attractive rate?
  • Safari Industries (India)'s earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Safari Industries (India)'s earnings growth is expected to exceed the India market average.
  • Safari Industries (India)'s revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
BSE:523025 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:523025 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 32.4%
BSE:523025 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 24.7%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.4%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:523025 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:523025 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-03-31 6,974 435 1
2019-03-31 5,811 365 1
BSE:523025 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 4,175 -482 215
2017-03-31 3,435 241 102
2016-03-31 2,781 -128 77

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Safari Industries (India)'s earnings are expected to grow significantly at over 20% yearly.
  • Safari Industries (India)'s revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:523025 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Safari Industries (India) Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:523025 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-03-31 19.49 19.49 19.49 1.00
2019-03-31 16.35 16.35 16.35 1.00
BSE:523025 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 10.08
2017-03-31 4.91
2016-03-31 3.85

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Safari Industries (India) is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Safari Industries (India)'s future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Safari Industries (India) has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Safari Industries (India) performed over the past 5 years?

  • Safari Industries (India)'s last earnings update was 270 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Safari Industries (India)'s growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Safari Industries (India) has delivered over 20% year on year earnings growth in the past 5 years.
  • Safari Industries (India)'s 1-year earnings growth exceeds its 5-year average (111.5% vs 71.3%)
  • Safari Industries (India)'s earnings growth has exceeded the IN Luxury industry average in the past year (111.5% vs 13.8%).
Earnings and Revenue History
Safari Industries (India)'s revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Safari Industries (India) Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:523025 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 4,174.99 215.38 730.22
2017-03-31 3,435.38 101.84 586.36
2016-03-31 2,781.26 77.50 440.62
2015-03-31 2,159.33 42.62 347.35
2014-12-31 2,024.55 16.21 578.87
2014-09-30 1,923.41 15.35 570.83
2014-06-30 1,789.62 6.31 556.62
2014-03-31 1,664.66 1.16 549.64
2013-12-31 1,502.65 13.02 354.26
2013-09-30 1,414.50 27.95 343.35
2013-06-30 1,246.67 60.18 326.92
2013-03-31 934.04 -6.23 305.69
2012-12-31 787.25 -31.86 199.72
2012-09-30 639.66 -47.07 179.10
2012-06-30 605.60 -65.78 174.53
2012-03-31 616.66 -7.09 168.20

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Safari Industries (India) has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Safari Industries (India) used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Safari Industries (India) has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Safari Industries (India)'s performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Safari Industries (India) has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Safari Industries (India)'s financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Safari Industries (India)'s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Safari Industries (India) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Safari Industries (India)'s cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Safari Industries (India)'s finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Safari Industries (India) Company Filings, last reported 10 months ago.

BSE:523025 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 1,728.44 550.02 4.88
2017-03-31 1,009.88 418.67 21.36
2016-03-31 910.54 582.63 50.90
2015-03-31 764.79 329.81 40.46
2014-12-31 704.91 226.27 93.96
2014-09-30 704.91 226.27 93.96
2014-06-30 123.34 542.78 33.67
2014-03-31 123.34 542.78 33.67
2013-12-31 124.24 356.56 33.04
2013-09-30 124.24 356.56 33.04
2013-06-30 122.18 248.79 32.65
2013-03-31 122.18 373.41 32.65
2012-12-31 95.08 183.22 20.69
2012-09-30 95.08 183.22 20.69
2012-06-30 128.40 179.95 17.83
2012-03-31 128.40 179.95 17.83
  • Safari Industries (India)'s level of debt (31.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (304.5% vs 31.8% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 24x coverage).
X
Financial health checks
We assess Safari Industries (India)'s financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Safari Industries (India) has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Safari Industries (India)'s current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.07%
Current annual income from Safari Industries (India) dividends.
If you bought ₹2,000 of Safari Industries (India) shares you are expected to receive ₹1 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Safari Industries (India)'s pays a lower dividend yield than the bottom 25% of dividend payers in India (0.55%).
  • Safari Industries (India)'s dividend is below the markets top 25% of dividend payers in India (2.07%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:523025 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 109 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1397 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:523025 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2020-03-31
2019-03-31
BSE:523025 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-05-21 0.500 0.068
2017-08-31 0.400 0.082
2016-05-16 0.240 0.107
2015-05-18 0.200 0.112
2013-05-15 0.000 0.000
2013-02-08 0.000 0.000
2012-11-12 0.000 0.000
2012-07-31 0.000 0.000
2012-05-29 0.000 0.000
2011-05-30 0.500 1.806
2010-05-20 0.400 2.574
2010-05-17 0.400 4.659

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Safari Industries (India) is not paying a notable dividend for India, therefore no need to check if the payments are stable.
  • Safari Industries (India) is not paying a notable dividend for India, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Safari Industries (India)'s earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Safari Industries (India)'s dividends as it is not paying a notable one for India.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Safari Industries (India)'s dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Safari Industries (India) afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Safari Industries (India) has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Safari Industries (India)'s salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sudhir Jatia
COMPENSATION ₹9,519,000
AGE 49
TENURE AS CEO 6.8 years
CEO Bio

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 Director of VIP Industries Ltd. from February 1, 2007 to April 30, 2010. He served as the Managing Director of Blow Plast Ltd., from April 1, 2006 to June 6, 2008. He has 17 years of experience. He served as Managing Director at Universal Luggage Manufacturing Co. Ltd. He has been the Chairman of Safari Industries India Ltd. since July 31, 2013. He has been an Additional Director of Safari Industries India Ltd. since April 18, 2012. He serves as a Director of Aristrocrat Luggage Ltd. Mr. Jatia served as an Executive Director of Aristocrat Luggage Limited. He served as a Director of Blow Plast Ltd.; VIP Industries Ltd., from January 31, 2007 to March 31, 2011; Starcom Information Technology Ltd. (Formerly Known as Jatia Finance Ltd.) until July 31, 2006; Ramgopal Polytex Ltd., until August 2006 and BP Ergo Limited until June 25, 2007. Mr. Jatia holds B.Com degree from Mumbai University.

CEO Compensation
  • Sudhir's compensation has increased by more than 20% in the past year.
  • Sudhir's remuneration is lower than average for companies of similar size in India.
Management Team Tenure

Average tenure of the Safari Industries (India) management team in years:

2.8
Average Tenure
  • The tenure for the Safari Industries (India) management team is about average.
Management Team

Sudhir Jatia

TITLE
Chairman & MD
COMPENSATION
₹10M
AGE
49
TENURE
6.8 yrs

Vineet Poddar

TITLE
Chief Financial Officer
COMPENSATION
₹7M
TENURE
2.8 yrs

Rameez Shaikh

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹2M
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the Safari Industries (India) board of directors in years:

5.4
Average Tenure
54.5
Average Age
  • The tenure for the Safari Industries (India) board of directors is about average.
Board of Directors

Sudhir Jatia

TITLE
Chairman & MD
COMPENSATION
₹10M
AGE
49
TENURE
5.6 yrs

Shailesh Mehta

TITLE
Non-Executive & Independent Director
COMPENSATION
₹170K
AGE
68
TENURE
11.8 yrs

Punkajj Lath

TITLE
Non-Executive & Independent Director
COMPENSATION
₹259K
TENURE
6.8 yrs

Anujj Patodia

TITLE
Non-Executive Director
COMPENSATION
₹120K
AGE
45
TENURE
6.8 yrs

Dalip Sehgal

TITLE
Non-Executive & Independent Director
COMPENSATION
₹230K
AGE
60
TENURE
5.3 yrs

Vijaya R. Sampath

TITLE
Non-Executive & Independent Director
COMPENSATION
₹40K
AGE
64
TENURE
4.4 yrs

Rahul Kanodia

TITLE
Non-Executive & Independent Director
COMPENSATION
₹120K
TENURE
2.8 yrs

Piyush Goenka

TITLE
Non Independent Non Executive Director
COMPENSATION
₹150K
AGE
41
TENURE
2 yrs
Who owns this company?
Recent Insider Trading
  • Safari Industries (India) insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
04. Feb 19 Sell Satya Mitra Individual 01. Feb 19 01. Feb 19 -1,000 ₹755.00 ₹-755,000
04. Feb 19 Sell Kashmira Mitra Individual 01. Feb 19 01. Feb 19 -1,000 ₹755.00 ₹-755,000
10. Jan 19 Sell Indranil Roy Individual 07. Jan 19 08. Jan 19 -1,600 ₹801.25 ₹-1,282,000
X
Management checks
We assess Safari Industries (India)'s management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Safari Industries (India) has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Did Safari Industries (India) Limited's (BOM:523025) Recent Earnings Growth Beat The Trend?

When Safari Industries (India) Limited (BOM:523025) announced its most recent earnings (31 March 2018), I did two things: looked at its past earnings track record, then look at what is happening in the industry. … Understanding how Safari Industries (India) performed requires a benchmark rather than trying to assess a standalone number at one point in time. … View out our latest analysis for Safari Industries (India)?

Simply Wall St -

Company Info

Map
Description

Safari Industries (India) Limited manufactures and markets luggage and luggage related accessories in India. Its products include wheel upright trolleys, duffles, and rolling duffles; business cases, laptop satchels, and tablet sleeves; and casual and formal backpacks, and backpack trolleys, as well as travel essentials and foldables. The company offers products through retail stores, as well as online. Safari Industries (India) Limited was incorporated in 1980 and is headquartered in Mumbai, India.

Details
Name: Safari Industries (India) Limited
523025
Exchange: BSE
Founded: 1980
₹15,883,864,975
22,313,500
Website: http://www.safari.in
Address: Safari Industries (India) Limited
302-303, A Wing, The Qube,
CTS No.1498, A/2,
Mumbai,
Maharashtra, 400059,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 523025 Equity Shares Mumbai Stock Exchange IN INR 29. Jan 2002
BSE 523025 INR2 Mumbai Stock Exchange IN INR 15. Feb 2019
Number of employees
Current staff
Staff numbers
0
Safari Industries (India) employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/15 12:42
End of day share price update: 2019/02/15 00:00
Last estimates confirmation: 2018/12/26
Last earnings filing: 2018/05/21
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.