|
15 Jul 2025 |
Safari Industries
|
Consensus Share Price Target
|
2205.40 |
2508.56 |
- |
13.75 |
buy
|
|
|
|
|
08 May 2025
|
Safari Industries
|
IDBI Capital
|
2205.40
|
2180.00
|
2091.70
(5.44%)
|
Target met |
Hold
|
|
|
|
|
06 May 2025
|
Safari Industries
|
Prabhudas Lilladhar
|
2205.40
|
2437.00
|
1962.10
(12.40%)
|
10.50 |
Buy
|
|
|
We cut our EPS estimates by 6%/5% for FY26E/FY27E as we fine tune our topline growth assumptions amid persistent pricing pressure (volume growth of 22% has resulted in value growth of 15%). Safari reported better-thanexpected performance with EBITDA margin of 14.5% (PLe 12.8%) led by improvement in GM amid 1) reduction in RM prices, 2) better product & channel mix, and 3) lower discounts on e-com channel. Progress at the new site in Jaipur...
|
|
06 Feb 2025
|
Safari Industries
|
IDBI Capital
|
2205.40
|
2550.00
|
2289.65
(-3.68%)
|
15.63 |
Hold
|
|
|
|
|
05 Feb 2025
|
Safari Industries
|
Prabhudas Lilladhar
|
2205.40
|
2783.00
|
2352.90
(-6.27%)
|
26.19 |
Buy
|
|
|
|
|
11 Nov 2024
|
Safari Industries
|
IDBI Capital
|
2205.40
|
2535.00
|
2300.50
(-4.13%)
|
Target met |
Hold
|
|
|
|
|
15 May 2024
|
Safari Industries
|
IDBI Capital
|
2205.40
|
2535.00
|
2022.10
(9.06%)
|
Target met |
Buy
|
|
|
|
|
08 Feb 2024
|
Safari Industries
|
IDBI Capital
|
2205.40
|
2607.00
|
2102.15
(4.91%)
|
Target met |
Buy
|
|
|
|
|
01 Nov 2023
|
Safari Industries
|
Prabhudas Lilladhar
|
2205.40
|
4752.00
|
4231.75
(-47.88%)
|
Pre-Bonus/
Split |
Buy
|
|
|
|
|
17 May 2023
|
Safari Industries
|
Prabhudas Lilladhar
|
2205.40
|
2790.00
|
2470.80
(-10.74%)
|
Target met |
Buy
|
|
|
|
|
17 May 2023
|
Safari Industries
|
IDBI Capital
|
2205.40
|
3223.00
|
2470.80
(-10.74%)
|
Target met |
Buy
|
|
|
|
|
01 Apr 2023
|
Safari Industries
|
Monarch Networth Capital Limited
|
2205.40
|
2620.00
|
2047.85
(7.69%)
|
Target met |
Buy
|
|
|
|
|
08 Feb 2023
|
Safari Industries
|
Prabhudas Lilladhar
|
2205.40
|
2553.00
|
1877.00
(17.50%)
|
Target met |
Buy
|
|
|
|
|
09 Nov 2022
|
Safari Industries
|
IDBI Capital
|
2205.40
|
2153.00
|
1871.50
(17.84%)
|
Target met |
Buy
|
|
|
|
|
04 Nov 2022
|
Safari Industries
|
Prabhudas Lilladhar
|
2205.40
|
2457.00
|
1857.20
(18.75%)
|
Target met |
Buy
|
|
|
|
|
16 Aug 2022
|
Safari Industries
|
Monarch Networth Capital Limited
|
2205.40
|
1850.00
|
1412.15
(56.17%)
|
Target met |
Buy
|
|
|
|
|
12 Aug 2022
|
Safari Industries
|
Prabhudas Lilladhar
|
2205.40
|
1766.00
|
1340.25
(64.55%)
|
Target met |
Buy
|
|
|
|
|
16 May 2022
|
Safari Industries
|
IDBI Capital
|
2205.40
|
1138.00
|
835.90
(163.84%)
|
Target met |
Buy
|
|
|
|
|
15 Nov 2021
|
Safari Industries
|
Axis Direct
|
2205.40
|
1036.00
|
975.15
(126.16%)
|
Target met |
Buy
|
|
|
We recommend BUY with TP of Rs. 1036/share.
|
|
10 Nov 2021
|
Safari Industries
|
Axis Direct
|
2205.40
|
1100.00
|
925.05
(138.41%)
|
Target met |
Buy
|
|
|
Maintain our BUY rating with a revised TP of Rs 1100/share (previously Rs 925/share) as we value the stock at 45x PE FY24E.
|
|
25 Oct 2021
|
Safari Industries
|
Monarch Networth Capital Limited
|
2205.40
|
980.00
|
840.60
(162.36%)
|
Target met |
Buy
|
|
|
We present an investment idea on Safari Industries with a fair value in the range of Rs 980-1,100. The company has undergone a paradigm shift after Mr Jatia acquired a majority stake and revamped the company's strategy and business operations. Over the years this has led to the company's turnover increasing ~10x and market share improving from a dismal 2% to 18%. Currently, Safari Industries is the single largest brand in terms of sales volume. We believe the company is in a sweet spot to capitalize on growth with economies opening up and massive shift from unbranded/unorganized to branded...
|