Safari Industries (India) Ltd - Stock Valuation and Financial Performance

BSE: 523025 | NSE: SAFARI | Household & Personal Products | Small Cap

Safari Industries(I) Share Price

1,730 -61.30 -3.42%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Safari Industries(I)

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Safari Industries (India) stock performance -

mw4me loader
P/E Ratio (CD):
49.31
Market Cap:
8,416.7 Cr.
52-wk low:
974
52-wk high:
2,300

Is Safari Industries (India) Ltd an attractive stock to invest in?

1. Is Safari Industries (India) Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Safari Industries (India) Ltd is a below average quality company.

2. Is Safari Industries (India) Ltd undervalued or overvalued?

The key valuation ratios of Safari Industries (India) Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Safari Industries (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Safari Industries (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Safari Industries(I):

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Safari Industries (India) Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 10%8.7%8.8%9.2%12.8%12%12.9%-5.6%8.9%33.1%-
Value Creation
Index
-0.3-0.4-0.4-0.4-0.1-0.2-0.1-1.4-0.41.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1662162783444195786863287051,2121,488
Sales YoY Gr.-29.7%28.8%23.5%22%37.9%18.7%-52.2%115%71.9%-
Adj EPS 0.91.42.22.64.96.47.2-4.65.226.635
YoY Gr.-45.2%61.5%17.9%89.5%32%12.1%-164.4%NA414.1%-
BVPS (₹) 4.118.621.924.338.644.751.462.367.288.8162
Adj Net
Profit
2.85.49.110.721.728.732.3-20.823.2126171
Cash Flow from Ops. -2.5-32.1-12.824.1-48.2-38.271.311115.650.7-
Debt/CF from Ops. -21.6-1-4.61.7-1.1-2.71.10.10.71.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 24.7%23.7%20.9%71.9%
Adj EPS 45.2%40.5%54.6%414.1%
BVPS40.6%18.1%20%32.2%
Share Price 47.3% 36.7% 77.8% 71.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
22.512.110.811.115.815.415-8.2834.827.9
Op. Profit
Mgn %
6.567.37.210.19.510.8-1.8816.518.1
Net Profit
Mgn %
1.72.53.33.15.254.7-6.33.310.411.5
Debt to
Equity
4.40.50.60.40.30.50.3000.1-
Working Cap
Days
016516616618419217532713310878
Cash Conv.
Cycle
0106124108117137121200685644

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 27.90%

Sales growth is growing at healthy rate in last 3 years 20.90%

Net Profit is growing at healthy rate in last 3 years 54.58%

Sales growth is good in last 4 quarters at 37.28%

No data to display

Latest Financials - Safari Industries (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 30.9 35
TTM Sales (₹ Cr.) 1,486 1,488
BVPS (₹.) 157.3 162
Reserves (₹ Cr.) 757 780
P/BV 10.97 10.65
PE 55.87 49.31
From the Market
52 Week Low / High (₹) 974.00 / 2299.97
All Time Low / High (₹) 0.87 / 2299.97
Market Cap (₹ Cr.) 8,417
Equity (₹ Cr.) 9.8
Face Value (₹) 2
Industry PE 56.3

Management X-Ray of Safari Industries(I):

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Safari Industries(I)

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1662162783444195786863287051,212
Operating Expenses 1592042603193775256143346501,015
Manufacturing Costs121622223038573065111
Material Costs86121151198223329378187434674
Employee Cost 18232940536677606686
Other Costs 4344585971931025885144
Operating Profit 7121924425272-655197
Operating Profit Margin (%) 4.3%5.7%6.7%7.1%10.0%9.1%10.5%-2.0%7.8%16.2%
Other Income 1111111489
Interest 63343410658
Depreciation 13456822202033
Exceptional Items 0-10-10000-90
Profit Before Tax 161216344140-2929165
Tax 0245121410-8740
Profit After Tax 04810222731-2122125
PAT Margin (%) 0.1%2.0%2.8%3.0%5.1%4.7%4.5%-6.4%3.2%10.3%
Adjusted EPS (₹)0.01.11.92.54.86.16.9-4.75.026.4
Dividend Payout Ratio (%)0%9%6%8%5%4%0%0%8%7%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 127491101172200230279301421
Share Capital 3444444445
Reserves 9708797167195226274296416
Minority Interest0000000000
Debt523358415410475101160
Long Term Debt30332112021
Short Term Debt48335537521027471139
Trade Payables3014184841696171100166
Others Liabilities 891014181448265097
Total Liabilities 102129177203286386414386462744

Fixed Assets

Gross Block2526422839449891151258
Accumulated Depreciation131418481518245574
Net Fixed Assets121224233129796796184
CWIP 00010000200
Investments 0000000000
Inventories46607694123187160114146266
Trade Receivables324054589814014790115169
Cash Equivalents 3455312655986
Others Assets8131721312925502638
Total Assets 102129177203286386414386462744

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -3-32-1324-48-38711111651
PBT 171216344140-2938165
Adjustment 76710111436322539
Changes in Working Capital -10-42-284-81-768107-45-117
Tax Paid 0-2-4-5-11-17-131-3-36
Cash Flow From Investing Activity -9-3-15-6-13-7-21-98-4-70
Capex -9-3-16-5-14-9-21-8-43-48
Net Investments 001-2120-9033-26
Others 0000010065
Cash Flow From Financing Activity 123629-195945-50-10-1420
Net Proceeds from Shares 062705111100
Net Proceeds from Borrowing 0-631-20-1-1-426
Interest Paid -5-3-3-4-3-5-10-6-5-8
Dividend Paid 000-1-1-1-100-5
Others 17-1722-171450-38-4-56
Net Cash Flow 011-2-2013-21
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.949.879.3910.6215.8114.6514.27-8.217.7234.66
ROCE (%)9.1810.2711.7713.3119.8117.0616.52-7.7511.3343.37
Asset Turnover Ratio1.681.911.861.861.731.721.80.821.752.13
PAT to CFO Conversion(x)-INF-8-1.632.4-2.18-1.412.29N/A0.730.41
Working Capital Days
Receivable Days685960586875731325140
Inventory Days998887889498881526459
Payable Days1286738607361631297272

Safari Industries (India) Ltd Stock News

Safari Industries (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Safari Industries(I) on 28-Mar-2024 16:01 is ₹1,730.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Safari Industries(I) stood at ₹8,416.7.
The latest P/E ratio of Safari Industries(I) as of 28-Mar-2024 16:01 is 55.87.
The latest P/B ratio of Safari Industries(I) as of 28-Mar-2024 16:01 is 10.97.
The 52-week high of Safari Industries(I) is ₹2,300 and the 52-week low is ₹974.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Safari Industries(I) is ₹1,486 ( Cr.) .

About Safari Industries (India) Ltd

Safari Industries (India) was incorporated on July 6, 1980 and took over the undertaking and business of Safari Industries with effect from November 16, 1980.  Fully paid-up equity shares of the company were issued in total consideration for the take over. It was promoted by Sumatichandra H Mehta and was converted into a public limited company on February 3, 1986.

In the year 2003, the company voluntarily delisted its equity shares from the Ahmedabad Stock Exchange

Business area of the company

The company manufactures injection-moulded plastic articles and vacuum-formed plastic articles.

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