Here's What Analysts Are Forecasting For Safari Industries (India) Limited (NSE:SAFARI) After Its Annual Results

Investors in Safari Industries (India) Limited (NSE:SAFARI) had a good week, as its shares rose 2.6% to close at ₹2,230 following the release of its yearly results. Safari Industries (India) reported ₹18b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of ₹29.16 beat expectations, being 2.7% higher than what the analysts expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Taking into account the latest results, the consensus forecast from Safari Industries (India)'s nine analysts is for revenues of ₹20.6b in 2026. This reflects a notable 16% improvement in revenue compared to the last 12 months. Per-share earnings are expected to leap 39% to ₹40.53. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹20.7b and earnings per share (EPS) of ₹40.57 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

Check out our latest analysis for Safari Industries (India)

The analysts reconfirmed their price target of ₹2,509, showing that the business is executing well and in line with expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Safari Industries (India) at ₹2,741 per share, while the most bearish prices it at ₹2,101. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that Safari Industries (India)'s revenue growth is expected to slow, with the forecast 16% annualised growth rate until the end of 2026 being well below the historical 31% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 13% annually. So it's pretty clear that, while Safari Industries (India)'s revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at ₹2,509, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Safari Industries (India). Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Safari Industries (India) going out to 2028, and you can see them free on our platform here..

It is also worth noting that we have found 1 warning sign for Safari Industries (India) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.