Safari Inds.

how big is Safari Inds.?

As of Jun 06, Safari Industries (India) Ltd has a market capitalization of 10,741.11 Cr, with net sales of 1,771.58 Cr and a net profit of 142.80 Cr for the latest four quarters. Shareholder's funds are 823.47 Cr, and total assets amount to 1,137.91 Cr as of Mar 24.

Market Cap: <BR>As of Jun 06, Safari Industries (India) Ltd has a market capitalization of 10,741.11 Cr, classifying it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: <BR>For the latest four quarters, the company reported net sales of 1,771.58 Cr and a net profit of 142.80 Cr. This data is consolidated.<BR><BR>Balance Sheet Snapshot: <BR>This is consolidated data for the latest annual period ending in Mar 24. The shareholder's funds are reported at 823.47 Cr, and total assets amount to 1,137.91 Cr.

What is the bonus history of the Safari Inds.?

Safari Industries (India) Ltd recently announced a 1:1 bonus issue, with an ex-date of December 12, 2023, meaning shareholders will receive one additional share for each share they own as of that date.

Safari Industries (India) Ltd has a recent bonus issue where they announced a 1:1 bonus. The ex-date for this bonus is set for December 12, 2023. This means that shareholders will receive one additional share for every share they own as of this date. If you have any more questions about the company or its financial activities, feel free to ask!

Is Safari Inds. overvalued or undervalued?

As of December 18, 2023, Safari Industries is considered very expensive and overvalued with a PE ratio of 75.21, an EV to EBITDA of 47.27, and a Price to Book Value of 11.26, underperforming the Sensex with a year-to-date decline of 15.56%.

As of 18 December 2023, the valuation grade for Safari Industries has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently considered overvalued. Key ratios include a PE ratio of 75.21, an EV to EBITDA of 47.27, and a Price to Book Value of 11.26, all of which suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, Safari Industries has a higher PE ratio than Supreme Industries at 57.34 and Astral at 78.35, both of which are also categorized as very expensive. The EV to EBITDA ratio for Safari is notably higher than Finolex Industries at 24.37, which is classified as expensive. Additionally, the company's recent stock performance has underperformed against the Sensex, particularly in the year-to-date return, where it has declined by 15.56% compared to the Sensex's gain of 5.62%.

Who are the peers of the Safari Inds.?

Safari Inds. peers include Kajaria Ceramics, Cera Sanitary, V I P Inds., Borosil, Nitco, Pokarna, La Opala RG, Mayur Uniquoters, and Nilkamal Ltd. Notably, Safari Inds. has a 1-year return of 1.60%, with Nitco leading at 91.83% and Cera Sanitary trailing at -24.63%.

Peers: The peers of Safari Inds. are Kajaria Ceramics, Cera Sanitary., V I P Inds., Borosil, Nitco, Pokarna, La Opala RG, Mayur Uniquoters, and Nilkamal Ltd.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kajaria Ceramics, Safari Inds., Cera Sanitary., La Opala RG, and Nilkamal Ltd, while Good management risk is found at Pokarna and the rest. Average management risk is present at V I P Inds. and Mayur Uniquoters, while Below Average management risk is noted at Borosil and Nitco. Growth is Good for Safari Inds. and Pokarna, while Below Average growth is seen at Kajaria Ceramics, Cera Sanitary., V I P Inds., Borosil, Nitco, La Opala RG, Mayur Uniquoters, and the rest. Excellent capital structure is noted for Kajaria Ceramics, Safari Inds., Cera Sanitary., Borosil, La Opala RG, and Mayur Uniquoters, while Below Average capital structure is found at V I P Inds., Nitco, and Pokarna.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Nitco at 91.83%, while the lowest is Cera Sanitary. at -24.63%. Safari Inds. has a 1-year return of 1.60%, which is higher than Cera Sanitary. but lower than Nitco. Additionally, Borosil, Nitco, and Pokarna have negative six-month returns.

Who are in the management team of Safari Inds.?

As of March 2023, the management team of Safari Inds. includes Sudhir Jatia (Chairman & Managing Director), Punkajj Lath, Dalip Sehgal, Vijaya Sampath, Rahul Kanodia (all Non-Executive & Independent Directors), Piyush Goenka (Non-Executive & Non-Independent Director), Rameez Shaikh (Company Secretary & Compliance Officer), Sumeet Nagar, Gaurav Sharma (both Non-Executive & Non-Independent Directors), and Aseem Dhru (Additional Director). This team oversees the company's strategic direction and governance.

As of March 2023, the management team of Safari Inds. includes the following individuals:<BR><BR>1. Sudhir Jatia - Chairman & Managing Director<BR>2. Punkajj Lath - Non-Executive & Independent Director<BR>3. Dalip Sehgal - Non-Executive & Independent Director<BR>4. Vijaya Sampath - Non-Executive & Independent Director<BR>5. Rahul Kanodia - Non-Executive & Independent Director<BR>6. Piyush Goenka - Non-Executive & Non-Independent Director<BR>7. Rameez Shaikh - Company Secretary & Compliance Officer<BR>8. Sumeet Nagar - Non-Executive & Non-Independent Director<BR>9. Gaurav Sharma - Non-Executive & Non-Independent Director<BR>10. Aseem Dhru - Additional Director<BR><BR>This team is responsible for the strategic direction and governance of the company.

What does Safari Inds. do?

Safari Industries (India) Ltd manufactures and markets luggage and accessories, operating as a mid-cap company. As of March 2025, it reported net sales of ₹4,211 Cr and a net profit of ₹376 Cr.

Overview:<BR>Safari Industries (India) Ltd is engaged in the manufacturing and marketing of luggage and luggage accessories within the diversified consumer products industry, categorized as a mid-cap company.<BR><BR>History:<BR>The company was incorporated in 1974 as a partnership firm and transitioned to a private limited company in 1980, becoming a public limited company in February 1986. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 4,211 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 376 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 10,819 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>- P/E: 75.00<BR>- Industry P/E: 40<BR>- Dividend Yield: 0.07%<BR>- Debt-Equity: -0.11<BR>- Return on Equity: 14.98%<BR>- Price to Book: 11.28<BR><BR>Contact Details:<BR>Address: 302-303 A Wing The Qube CTS 1498, M V Road Marol Andheri (East) Mumbai Maharashtra : 400059<BR>Tel: 91-22-40381888<BR>Email: investor@safari.in<BR>Website: http://www.safaribags.com

Who are the top shareholders of the Safari Inds.?

The top shareholders of Safari Industries include Sudhir Mohanlal Jatia with 36.82%, mutual funds at 17.62%, foreign institutional investors at 13.25%, and HSBC Small Cap Fund as the largest public shareholder with 4.93%. Individual investors hold a collective 9.76% of the shares.

The top shareholders of Safari Industries include the promoters, who hold the majority of the shares. The promoter with the highest holding is Sudhir Mohanlal Jatia, with a significant stake of 36.82%. Additionally, mutual funds hold 17.62% of the shares across 22 schemes, while foreign institutional investors (FIIs) account for 13.25% through 108 different FIIs. The highest public shareholder is HSBC Small Cap Fund, which holds 4.93%. Individual investors collectively hold 9.76% of the shares.

Has Safari Inds. declared dividend?

Yes, Safari Industries (India) Ltd has declared a 100% dividend, amounting to ₹1.5 per share, with an ex-date of November 14, 2025. The company has shown varying total returns over different periods, with a notable 850.04% total return over the past five years.

Safari Industries (India) Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 1.5<BR>- Ex-date: 14 Nov 25<BR><BR>Dividend Yield: 0.14%.<BR><BR>Total Returns by Period:<BR>In the 3-month period, the price return was 7.7%, the dividend return was 0.10%, resulting in a total return of 7.8%.<BR><BR>For the 6-month period, the price return was 2.07%, the dividend return was 0.15%, leading to a total return of 2.22%.<BR><BR>Over the 1-year period, the price return was -6.28%, the dividend return was 0.21%, culminating in a total return of -6.07%.<BR><BR>In the 2-year period, the price return was 2.94%, the dividend return was 0.29%, resulting in a total return of 3.23%.<BR><BR>For the 3-year period, the price return was 133.21%, the dividend return was 1.51%, leading to a total return of 134.72%.<BR><BR>In the 4-year period, the price return was 373.76%, the dividend return was 3.12%, culminating in a total return of 376.88%.<BR><BR>Over the 5-year period, the price return was 845.46%, the dividend return was 4.58%, resulting in a total return of 850.04%.<BR><BR>Overall, Safari Industries has declared a significant dividend and has shown varying total returns over different periods, with particularly strong performance in the longer term, especially over the 5-year period.

How has been the historical performance of Safari Inds.?

Safari Inds. has shown significant growth, with net sales increasing from 577.65 Cr in Mar'19 to 1,771.58 Cr in Mar'25, and profit before tax rising from 40.97 Cr to 185.57 Cr. Despite a decline in cash flow from operating activities, total debt decreased, indicating improved financial stability.

Answer:<BR>The historical performance of Safari Inds. shows significant growth in net sales and profitability over the years, with net sales increasing from 577.65 Cr in Mar'19 to 1,771.58 Cr in Mar'25. The total operating income followed a similar upward trend, reaching 1,771.58 Cr in Mar'25, compared to 577.65 Cr in Mar'19. The operating profit (PBDIT) fluctuated, peaking at 291.41 Cr in Mar'24 before declining to 253.47 Cr in Mar'25. Profit before tax also demonstrated growth, increasing from 40.97 Cr in Mar'19 to 185.57 Cr in Mar'25, while profit after tax rose from 27.21 Cr to 142.80 Cr over the same period. The company's total assets grew significantly, from 744.31 Cr in Mar'23 to 1,311.52 Cr in Mar'25, reflecting a robust increase in shareholder's funds and reserves. However, total debt decreased from 60.09 Cr in Mar'23 to 19.80 Cr in Mar'25, indicating improved financial stability. Cash flow from operating activities showed a decline to 57.00 Cr in Mar'25 from 216.00 Cr in Mar'24, contributing to a net cash outflow of 27.00 Cr in Mar'25.<BR><BR>Breakdown:<BR>Safari Inds. has demonstrated a strong upward trajectory in its financial performance, with net sales rising from 577.65 Cr in Mar'19 to 1,771.58 Cr in Mar'25, indicating a consistent growth trend. The total operating income mirrored this growth, reaching 1,771.58 Cr in Mar'25. Operating profit (PBDIT) peaked at 291.41 Cr in Mar'24 but saw a slight decline to 253.47 Cr in Mar'25. Profit before tax increased significantly from 40.97 Cr in Mar'19 to 185.57 Cr in Mar'25, while profit after tax rose from 27.21 Cr to 142.80 Cr during the same period. The company's total assets expanded from 744.31 Cr in Mar'23 to 1,311.52 Cr in Mar'25, supported by a rise in shareholder's funds and reserves. Notably, total debt decreased from 60.09 Cr in Mar'23 to 19.80 Cr in Mar'25, reflecting enhanced financial health. However, cash flow from operating activities fell to 57.00 Cr in Mar'25 from 216.00 Cr in Mar'24, leading to a net cash outflow of 27.00 Cr in Mar'25.

Is Safari Inds. technically bullish or bearish?

As of December 1, 2025, the trend is mildly bullish due to daily moving averages and weekly MACD showing bullish momentum, but caution is advised due to mixed signals from monthly indicators.

As of 1 December 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum and the weekly MACD also showing bullish signals. However, the monthly MACD and KST are mildly bearish, suggesting some caution. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, reinforcing the positive outlook. Overall, while the indicators show some strength, the mixed signals from the longer-term indicators indicate a need for careful monitoring.

When is the next results date for Safari Industries (India) Ltd?

The next results date for Safari Industries (India) Ltd is 10 February 2026.

The next results date for Safari Industries (India) Ltd is scheduled for 10 February 2026.

Are Safari Industries (India) Ltd latest results good or bad?

Safari Industries (India) Ltd's latest results show strong year-on-year net profit growth of 58.26%, but a 7.03% decline in net profit quarter-on-quarter and contracting operating margins raise concerns about sustainability and operational efficiency. Overall, the results are good year-over-year but highlight potential challenges ahead.

The latest results for Safari Industries (India) Ltd present a mixed picture. On one hand, the company achieved a significant year-on-year net profit growth of 58.26%, reaching ₹46.94 crore in Q3 FY26. This indicates strong performance compared to the same quarter last year. However, the quarter-on-quarter results reveal some concerning trends. The net profit declined by 7.03% compared to the previous quarter, and operating margins contracted to 13.88%, the lowest level in three quarters.<BR><BR>Furthermore, while revenue showed a slight increase of 1.08% quarter-on-quarter, it was accompanied by rising employee costs, which surged by 13.25% in the same period. This combination of factors suggests that while the company is growing in terms of revenue and profit on a year-over-year basis, it is facing operational challenges that are affecting its margins and overall profitability.<BR><BR>Overall, the results can be seen as good in the context of year-over-year growth, but the quarter-on-quarter performance raises concerns about sustainability and operational efficiency. Investors should keep an eye on these trends as they could impact future performance.

Should I buy, sell or hold Safari Industries (India) Ltd?

Why is Safari Industries (India) Ltd falling/rising?

As of 17-Mar, Safari Industries (India) Ltd is facing a significant decline in its stock price, currently at Rs. 1,494.50, with a total drop of -11.07% over the last six days and a new 52-week low of Rs. 1,433.55. Poor financial results and underperformance compared to the Sensex have contributed to negative market sentiment.

As of 17-Mar, Safari Industries (India) Ltd is experiencing a decline in its stock price, currently at Rs. 1,494.50, which reflects a change of -49.65 (-3.22%). The stock has been on a downward trend, having fallen for the last six consecutive days, resulting in a total decline of -11.07% during this period. Additionally, the stock reached a new 52-week low of Rs. 1,433.55 today, indicating significant selling pressure.<BR><BR>The company's performance over various time frames shows a stark underperformance compared to the benchmark Sensex. Over the past week, the stock has decreased by -10.32%, while the Sensex fell only -2.73%. In the last month, the stock's decline is even more pronounced at -18.44%, compared to the Sensex's -8.84%. Year-to-date, the stock has dropped -31.17%, significantly worse than the Sensex's -10.74%. <BR><BR>Financial results have also contributed to the negative sentiment. The company reported flat results for the quarter ending December 25, with a profit before tax (PBT) of Rs. 35.64 crore, down -25.4% compared to the previous four-quarter average, and a profit after tax (PAT) of Rs. 32.89 crore, which fell -20.8%. This disappointing performance, coupled with a low debtors turnover ratio of 4.72 times, raises concerns about the company's operational efficiency.<BR><BR>Despite some positive factors, such as high management efficiency and strong growth in net sales and operating profit, these have not been enough to offset the negative market perception. The stock's high valuation, with a price-to-book ratio of 7, and a PEG ratio of 3.4, suggests it may be overvalued relative to its earnings growth. Furthermore, the stock has underperformed the broader market over the past year, generating a return of -24.42% compared to the BSE500's 6.18%.<BR><BR>In summary, the combination of recent poor financial results, significant declines in stock price, and underperformance relative to market benchmarks are key factors contributing to the falling stock price of Safari Industries (India) Ltd.

Why is Safari Industries (India) Ltd falling/rising?

As of 18-Mar, Safari Industries (India) Ltd's stock price has risen to 1,544.45, marking a 3.99% increase after a trend reversal following six days of decline. This rise is supported by a significant increase in investor participation, although the stock remains below its moving averages, indicating potential long-term challenges despite strong fundamentals.

As of 18-Mar, Safari Industries (India) Ltd is experiencing a rise in its stock price, currently at 1,544.45, reflecting an increase of 59.25 (3.99%). This upward movement comes after a trend reversal, as the stock has gained after six consecutive days of decline. Additionally, the stock has outperformed its sector by 1.85% today and reached an intraday high of Rs 1549.7, which is a 4.34% increase.<BR><BR>The rise can also be attributed to a significant increase in investor participation, with delivery volume on 17 March rising by 1721.17% compared to the five-day average. This suggests a renewed interest from investors, which may be contributing to the upward price movement. However, it is important to note that despite today's gains, the stock is still trading below its moving averages across various time frames, indicating that it may still be in a longer-term downtrend.<BR><BR>While the company has shown strong fundamentals, such as a high return on equity (ROE) of 18.46% and a low debt to EBITDA ratio of 0.59, it has faced challenges reflected in its recent financial performance. The flat results reported for December, including a 25.4% decline in profit before tax compared to the previous four-quarter average, may have contributed to the stock's previous downward pressure. Despite these challenges, the current rise in stock price suggests a potential shift in market sentiment, possibly driven by the positive factors of increased trading volume and a reversal from a recent downtrend.

Why is Safari Industries (India) Ltd falling/rising?

As of 19-Mar, Safari Industries (India) Ltd's stock price is 1,597.25, reflecting a 3.85% increase after gaining 7.54% over the last two days. Despite recent volatility and a year-long decline of 21.88%, factors like high management efficiency and strong institutional support contribute to its current positive trend.

As of 19-Mar, Safari Industries (India) Ltd is experiencing a rise in its stock price, currently at 1,597.25, reflecting an increase of 59.15 (3.85%). This upward movement comes after the stock has gained for the last two days, with a total return of 7.54% during this period. Additionally, the stock has outperformed its sector by 6.36% today.<BR><BR>However, it is important to note that the stock opened with a loss of 2.15% today and has shown volatility, touching an intraday high of Rs 1,641.85 (6.75%) and a low of Rs 1,505. Despite this fluctuation, the recent performance indicates a positive trend.<BR><BR>The stock's performance over the longer term shows a mixed picture. While it has outperformed the market over the last three years with a return of 67.92%, it has significantly underperformed in the past year, with a decline of 21.88%. Factors contributing to the stock's rise today include high management efficiency, a strong ability to service debt, and healthy long-term growth in net sales and operating profit. Additionally, the stock has a high institutional holding of 38.89%, suggesting confidence from larger investors.<BR><BR>In summary, the recent rise in the stock price of Safari Industries (India) Ltd can be attributed to short-term gains and positive performance metrics, despite a backdrop of longer-term underperformance and volatility.

Why is Safari Industries (India) Ltd falling/rising?

As of 20-Mar, Safari Industries (India) Ltd's stock price has declined to Rs 1,533.55, down 3.99%, due to underperformance against the Sensex and disappointing financial results. The stock has shown significant declines over various time frames, coupled with reduced investor participation and a bearish trend in trading.

As of 20-Mar, Safari Industries (India) Ltd is experiencing a decline in its stock price, currently at Rs 1,533.55, which reflects a decrease of Rs 63.7 or 3.99%. This drop can be attributed to several factors highlighted in the recent performance data. <BR><BR>The stock has underperformed significantly compared to the benchmark Sensex, with a 1-week decline of 3.69% and a 1-month decline of 16.74%, while the Sensex has only fallen by 0.04% and 10.00% respectively. Year-to-date, the stock has decreased by 29.37%, compared to a 12.54% decline in the Sensex. Over the past year, Safari Industries has also shown a negative return of 26.12%, while the broader market has posted a slight gain of 0.76%.<BR><BR>Today's trading performance indicates a trend reversal, as the stock has fallen after two consecutive days of gains. It reached an intraday low of Rs 1,511.85, marking a 5.35% decrease. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.<BR><BR>Investor participation has also declined, with delivery volume dropping by 61.85% compared to the 5-day average, indicating reduced interest from investors. The stock's liquidity remains adequate for trading, but the significant drop in delivery volume may reflect a lack of confidence among investors.<BR><BR>While there are positive aspects such as high management efficiency, strong debt servicing capability, and healthy long-term growth rates, these factors are overshadowed by recent poor financial results. The company's profit before tax (PBT) and profit after tax (PAT) have both fallen significantly compared to previous quarters, contributing to a perception of weakness in the company's financial health.<BR><BR>Overall, the combination of underperformance against market benchmarks, declining investor participation, and disappointing financial results has led to the current decline in the stock price of Safari Industries (India) Ltd.

Why is Safari Industries (India) Ltd falling/rising?

As of 23-Mar, Safari Industries (India) Ltd is facing a stock price decline to Rs 1,501.00, down -22.15 (-1.45%), with a total drop of -30.87% year-to-date. The stock is underperforming against benchmarks and experiencing reduced investor interest, compounded by disappointing financial results and high valuation metrics.

As of 23-Mar, Safari Industries (India) Ltd is experiencing a decline in its stock price, currently at Rs 1,501.00, which reflects a change of -22.15 (-1.45%). The stock has been underperforming in recent periods, with a consecutive fall over the last two days resulting in a total decline of -6.03%. Additionally, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In the past month, the stock has dropped by -19.63%, significantly underperforming the benchmark Sensex, which fell by -12.72% during the same period. Year-to-date, the stock has declined by -30.87%, while the Sensex has only decreased by -14.70%. This underperformance is further highlighted by the stock's return of -27.35% over the past year, compared to a market decline of -5.47%.<BR><BR>Investor participation has also decreased, with delivery volume dropping by -79.04% against the 5-day average, suggesting reduced interest in the stock. Furthermore, the stock is close to its 52-week low, being only 4.49% away from Rs 1,433.55. The overall sector, Plastic Products, has also seen a decline of -4.36%, contributing to the negative sentiment surrounding the stock.<BR><BR>Despite some positive factors, such as high management efficiency and strong growth in net sales and operating profit, the recent flat results and falling profitability metrics, including a -25.4% drop in profit before tax compared to previous quarters, have raised concerns among investors. The company's high valuation, indicated by a Price to Book Value ratio of 7, and a PEG ratio of 3.4, further complicate the outlook, as it suggests that the stock may be overvalued relative to its earnings growth.<BR><BR>In summary, the combination of recent price declines, poor performance relative to benchmarks, reduced investor participation, and disappointing financial results are contributing to the falling stock price of Safari Industries (India) Ltd.

Why is Safari Industries (India) Ltd falling/rising?

As of 24-Mar, Safari Industries (India) Ltd's stock price is declining at 1,477.30, down -0.37%, and has fallen -7.51% over the last three days. The stock has significantly underperformed the market, with a -21.17% drop in the past month and -31.96% year-to-date, amid declining investor interest and disappointing financial results.

As of 24-Mar, Safari Industries (India) Ltd is experiencing a decline in its stock price, currently at 1,477.30, which reflects a change of -5.45 (-0.37%). The stock has been underperforming significantly, having fallen for the last three days, resulting in a total decline of -7.51% during this period. Additionally, the stock is close to its 52-week low, just 2.96% away from Rs 1,433.55.<BR><BR>In terms of broader performance, the stock has shown a substantial drop of -21.17% over the past month and -31.96% year-to-date, which is considerably worse than the benchmark Sensex, which has fallen only -9.92% and -13.09% respectively during the same periods. Over the last year, the stock has declined by -26.50%, while the market has only decreased by -5.02%. <BR><BR>The stock's trading patterns indicate that it is currently below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by -84.87% compared to the 5-day average, indicating a lack of confidence among investors.<BR><BR>Despite some positive factors such as high management efficiency and strong growth in net sales and operating profit, the recent flat results reported for December, including a -25.4% decline in profit before tax and a -20.8% drop in profit after tax compared to previous quarters, have likely contributed to the negative sentiment surrounding the stock. The high price-to-book value ratio of 6.9 also suggests that the stock may be considered expensive relative to its peers, further discouraging investment.<BR><BR>Overall, the combination of recent poor performance, declining investor interest, and disappointing financial results has led to the current downward trend in the stock price of Safari Industries (India) Ltd.

Why is Safari Industries (India) Ltd falling/rising?

As of 25-Mar, Safari Industries (India) Ltd is seeing a stock price increase to 1,530.00, following a trend reversal after declines. Despite strong operational metrics, the company faces challenges such as underperformance over the past year and potential overvaluation.

As of 25-Mar, Safari Industries (India) Ltd is experiencing a rise in its stock price, currently at 1,530.00, reflecting an increase of 51.55 (3.49%). This upward movement follows a trend reversal after three consecutive days of decline. The stock has outperformed its sector by 1.54% today and reached an intraday high of Rs 1536.1, which is a 3.9% increase.<BR><BR>Despite a challenging year-to-date performance, where the stock has declined by 29.53%, the recent positive price action can be attributed to several factors. The company demonstrates high management efficiency with a return on equity (ROE) of 18.46%, indicating strong operational performance. Additionally, it has a low debt to EBITDA ratio of 0.59 times, showcasing its ability to manage debt effectively. The company has also shown healthy long-term growth, with net sales increasing at an annual rate of 42.50% and operating profit growing at 55.84%.<BR><BR>However, it is important to note that there are underlying concerns. The stock has underperformed the market over the past year, with a return of -21.82% compared to the broader market's -3.52%. Recent financial results have shown flat performance, with a significant drop in profit before tax and profit after tax compared to previous quarters. Furthermore, the stock's valuation appears expensive with a price to book value of 7.2, and the company's PEG ratio stands at 3.5, indicating potential overvaluation relative to its earnings growth.<BR><BR>In summary, while Safari Industries (India) Ltd is currently rising in price due to a short-term trend reversal and strong operational metrics, it faces challenges that could impact its longer-term performance.

Which are the latest news on Safari Inds.?