The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Safari Industries (India) Limited is an India-based holding company. The Company is engaged in the manufacturing and marketing of luggage and luggage accessories. There are two broad categories of luggage: hard luggage and soft luggage. Hard luggage is primarily made of…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, steadily growing business, trading cheap versus its own history.
Safari Industries is scored on the consumer / fmcg framework. It keeps a slim 8.1% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 1.03×). Free cash flow is worth about 1.1% of its market value.
Over the last 3 years revenue compounded at 19%/yr and profit at 10%/yr. Book value itself has compounded 38%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 13.0%. In the latest quarter profit grew 27% versus the prior quarter.
At 37× earnings, the stock sits at the 18th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price already implies ~18%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 39.48 | 34.31 | worse |
| P/B | 5.12 | 7 | better |
| EV/EBITDA | 21.29 | 24.55 | better |
| ROE | 12.96 | 12.73 | better |
| ROCE | 15.33 | 20.49 | worse |
| ROA | 9.54 | 10.05 | worse |
| Quick Ratio | 2.41 | 8.7 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Supreme Industries | 35.5 | 6.3 | 17.7% |
| Astral | 59.3 | 8.0 | 13.4% |
| Shaily ENG Plastics | 75.0 | 16.8 | 22.4% |
Revenue has grown every year across all 4 financial years shown. 19% CAGR over 3 years — steady double-digit compounder.
Revenue is outpacing profit (19% vs 10%) — costs are rising faster than the top line.
Operating margin has compressed from 14% to 10% — costs or competition are eating into profitability.
ROE at 15% — a respectable return on shareholder capital. Capital efficiency declining — ROE down 14pp.
Profit grew faster than EPS (10% vs -13%) — share dilution is eroding per-share value. -13% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 24% sequentially — momentum is building.
Profit jumped 27% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 44.7% — dispersed ownership; institutional flows drive the stock.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.