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

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

Safari Industries(I) Share Price

2,273.40 73.40 3.34%
as on 01-Nov'24 18:59

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):
65.79
Market Cap:
11,202.2 Cr.
52-wk low:
1,627.4
52-wk high:
2,712.1

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 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 performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 10.3%11.8%13.3%19.8%17.1%16.5%-7.8%11.3%43.4%35.5%-
Value Creation
Index
-0.3-0.2-0.10.40.20.2-1.6-0.22.11.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2162783444195786863287051,2121,5501,574
Sales YoY Gr.-28.8%23.5%22%37.9%18.7%-52.2%115%71.9%27.9%-
Adj EPS 1.42.22.64.96.47.2-4.65.226.635.834.8
YoY Gr.-61.5%17.9%89.5%32%12.1%-164.4%NA414.1%34.3%-
BVPS (₹) 18.621.924.338.644.751.462.367.288.8167.9176.5
Adj Net
Profit
5.49.110.721.728.732.3-20.823.2126174170
Cash Flow from Ops. -32.1-12.824.1-48.2-38.271.311115.650.6217-
Debt/CF from Ops. -1-4.61.7-1.1-2.71.10.10.71.20.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 24.5%21.8%67.8%27.9%
Adj EPS 43.9%40.9%NA34.3%
BVPS27.7%30.3%39.2%89.1%
Share Price 39.4% 51.8% 74.7% 11.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
12.110.811.115.815.415-8.2834.827.920.2
Op. Profit
Mgn %
67.37.210.19.510.8-1.8816.51816.8
Net Profit
Mgn %
2.53.33.15.254.7-6.33.310.411.310.8
Debt to
Equity
0.50.60.40.30.50.3000.10.1-
Working Cap
Days
16516616618419217532713310810388
Cash Conv.
Cycle
10612410811713712120068564958

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 67.83%

Sales growth is good in last 4 quarters at 18.12%

Return on Equity has declined versus last 3 years average to 20.20%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Safari Industries (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 29.7 34.8
TTM Sales (₹ Cr.) 1,572 1,574
BVPS (₹.) 169.4 176.5
Reserves (₹ Cr.) 818 853
P/BV 13.53 12.98
PE 77.09 65.79
From the Market
52 Week Low / High (₹) 1627.40 / 2712.05
All Time Low / High (₹) 0.87 / 2712.05
Market Cap (₹ Cr.) 11,202
Equity (₹ Cr.) 9.8
Face Value (₹) 2
Industry PE 66.4

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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales2162783444195786863287051,2121,550
Operating Expenses 2042603193775256143346501,0151,273
Manufacturing Costs1622223038573065114166
Material Costs121151198223329378187434674790
Employee Cost 23294053667760668698
Other Costs 44585971931025885142219
Operating Profit 121924425272-655197278
Operating Profit Margin (%) 5.7%6.7%7.1%10.0%9.1%10.5%-2.0%7.8%16.2%17.9%
Other Income 11111148914
Interest 334341065810
Depreciation 345682220203352
Exceptional Items -10-10000-900
Profit Before Tax 61216344140-2929165230
Tax 245121410-874054
Profit After Tax 4810222731-2122125176
PAT Margin (%) 2.0%2.8%3.0%5.1%4.7%4.5%-6.4%3.2%10.3%11.3%
Adjusted EPS (₹)1.11.92.54.86.16.9-4.75.026.436.1
Dividend Payout Ratio (%)9%6%8%5%4%0%0%8%7%11%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 7491101172200230279301421819
Share Capital 44444444510
Reserves 708797167195226274296416809
Minority Interest0000000000
Debt335841541047510115335
Long Term Debt033211202115
Short Term Debt33553752102747113220
Trade Payables14184841696171100167152
Others Liabilities 910141814482650103132
Total Liabilities 1291772032863864143864627441,138

Fixed Assets

Gross Block26422839449891151258404
Accumulated Depreciation1418481518245574111
Net Fixed Assets1224233129796796184293
CWIP 00100002001
Investments 000000000149
Inventories607694123187160114146266269
Trade Receivables4054589814014790115169165
Cash Equivalents 455312655986218
Others Assets13172131292550263842
Total Assets 1291772032863864143864627441,138

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -32-1324-48-38711111651217
PBT 71216344140-2938165230
Adjustment 671011143632253955
Changes in Working Capital -42-284-81-768107-45-117-13
Tax Paid -2-4-5-11-17-131-3-36-55
Cash Flow From Investing Activity -3-15-6-13-7-21-98-4-70-345
Capex -3-16-5-14-9-21-8-43-48-111
Net Investments 01-2120-9033-26-242
Others 0000100658
Cash Flow From Financing Activity 3629-195945-50-10-1420164
Net Proceeds from Shares 62705111100230
Net Proceeds from Borrowing -631-20-1-1-426-7
Interest Paid -3-3-4-3-5-10-6-5-8-9
Dividend Paid 00-1-1-1-100-5-11
Others -1722-171450-38-4-56-38
Net Cash Flow 11-2-2013-2136
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)9.879.3910.6215.8114.6514.27-8.217.7234.6628.37
ROCE (%)10.2711.7713.3119.8117.0616.52-7.7511.3343.3735.48
Asset Turnover Ratio1.911.861.861.731.721.80.821.752.131.79
PAT to CFO Conversion(x)-8-1.632.4-2.18-1.412.29N/A0.730.411.23
Working Capital Days
Receivable Days596058687573132514036
Inventory Days888788949888152645958
Payable Days673860736163129727274

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 01-Nov-2024 18:59 is ₹2,273.4.
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 01-Nov-2024 18:59 the market cap of Safari Industries(I) stood at ₹11,202.2.
The latest P/E ratio of Safari Industries(I) as of 01-Nov-2024 18:59 is 77.09.
The latest P/B ratio of Safari Industries(I) as of 01-Nov-2024 18:59 is 13.53.
The 52-week high of Safari Industries(I) is ₹2,712.1 and the 52-week low is ₹1,627.4.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Safari Industries(I) is ₹1,572 ( 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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