Fair Value Calculator Fair Value Calculator
EN DE

Safari Industries (India) Limited (SAFARI) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹79.2B

SI Safari Industries (India) Limited SAFARI · NSE
Price₹1,618
Fair Value₹694.51
Upside-57.1%
Quality55/100
Watch Safari Industries (India) Limited for free — get notified when fair value or trend changes. Watch for free
Evidence: High Range ₹528.72 – ₹1,052

Fair value as of: Jul 3, 2026

From 26 valuation models · updated today

Share price +2.8% over the past month.

Price vs Fair Value (12 months)

₹2,493 ₹1,368 Fair Value ₹694.51 Jul 2025 Jul 2026

12‑month range ₹1,368 – ₹2,493 · fair‑value band ₹528.72 – ₹1,052 · the ₹1,618 price screens above the ₹694.51 fair value. As of Jul 3, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

Safari Industries (India) Limited (SAFARI) currently trades at ₹1,618, while our model-based Fair Value estimate is ₹694.51 — implying the stock looks roughly 57.1% overvalued today. We read business quality at 55/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Safari Industries (India) Limited generated revenue of ₹20.5B at a net margin of 8.2%. Revenue grew 12.4% year over year. It earns a return on equity of 16.2%. The balance sheet holds a net cash position of ₹1.5B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹20.5B
Revenue growth (YoY) +12.4%
Net margin 8.2%
Return on equity 16.2%
Free cash flow ₹1.2B FY2026
P/E ratio 47.2
More key figures
Operating margin 9.3%
EPS (TTM) ₹34.27
Dividend yield 0.2%
EPS growth (YoY) -0.3%
Net cash ₹1.5B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Safari Industries (India) Limited designs, manufactures, and markets luggage, backpacks, and travel accessories in India. The company offers printed, laptop, hard, and soft luggage bags; school, laptop, office, college, anti-theft, tech, expandable storage, formal, adventure, and overnighters backpacks; accessories, such as sling bags, messenger bags, and neck pillows; and duffle bags. It sells its products under the Safari, Safari Select, Genius, Urban Jungle, and Genie brands through website and stores, as well as through e-commerce platforms. Safari Industries (India) Limited was incorporated in 1980 and is based in Mumbai, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Safari Industries (India) Limited reported revenue of ₹20.5B in FY2026 versus ₹7.0B in FY2022, a compound +30.6%/yr. Reported net income was ₹1.7B in FY2026, compounding +65.5%/yr from FY2022.

Revenue +30.6%/yr
FY22 ₹7.0B
FY23 ₹12.1B
FY24 ₹15.5B
FY25 ₹17.7B
FY26 ₹20.5B
Net income +65.5%/yr
FY22 ₹224M
FY23 ₹1.3B
FY24 ₹1.8B
FY25 ₹1.4B
FY26 ₹1.7B

Is SAFARI fairly valued? → Check now

Similar stocks

6 more Footwear & Accessories stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
NIKE, Inc NKE €38.07 €45.62 +20%
adidas AG 1ADS €184.40 €81.86 -56%
ASICS Corporation ASCCY $25.77 $19.43 -25%
Deckers Outdoor Corporation DECK $111.18 $125.16 +13%
On Holding ONON $38.00 $18.63 -51%
Zhejiang China Commodities City Group 600415 ¥11.37 ¥23.62 +108%

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap Stocks

Frequently asked questions

Is Safari Industries (India) Limited (SAFARI) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹694.51 versus a price of ₹1,618 — about −57% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SAFARI?
Our model-based fair value for Safari Industries (India) Limited is ₹694.51 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹1,618.
What is the quality score of SAFARI?
Safari Industries (India) Limited has a Quality Score of 55/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Safari Industries (India) Limited (SAFARI)?
Safari Industries (India) Limited reported trailing-twelve-month revenue of about ₹20.5B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of SAFARI?
The net profit margin of Safari Industries (India) Limited is about 8.2%, meaning it keeps roughly 8.2% of revenue as net income. Based on the latest reported figures.
Does Safari Industries (India) Limited pay a dividend?
Safari Industries (India) Limited currently shows a dividend yield of about 0.24% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.