NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Domestic brokerage firm Motilal Oswal expects Safari Industries India Ltd. to deliver industry-leading growth and expand its market share by focusing on:
- building the Urban Jungle brand along with SI-Select (premium positioning),
- adding capacity at Jaipur,
- introducing the new stock keeping units, and
- adding 4-5 EBOs every month.
Though the brokerage is confident about Safari Industries' growth story, it expects rising competitive intensity from VIP, Samsonite, and D2C players to impact Safari Industries' growth rates.
Considering the FY26 performance, the brokerage has trimmed its earnings estimates while reiterating Buy rating with a DCF-based target price of Rs 2,250 (based on an implied P/E of 45x on FY28).
Key risks: sudden rise and discounting by regional competition.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
