Safari Industries (India) Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, Safari Industries (India) stock has a consensus rating of "Strong Buy" and an average price target of ₹2,249. The average 1-year stock price forecast is 40.49% higher than the current stock price, while the lowest is ₹1,953 (+21.98%) and the highest is ₹2,850 (+78.00%).

Price Target: ₹2,249 (+40.49%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	₹1,953	₹2,249	₹2,125	₹2,850
Change	+21.98%	+40.49%	+32.72%	+78.00%

* Price targets were last updated on Feb 24, 2026.

Analyst Ratings

The average analyst rating for Safari Industries (India) stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	8	8	8	8	8	10
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	10	10	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Prabhudas Lilladher No rating	Prabhudas Lilladher	Hold Maintains ₹2,191	Hold	Maintains	₹2,191	+36.84%	Feb 24, 2026
Unknown Analyst IDBI Capital No rating	IDBI Capital	Buy Maintains ₹2,209	Buy	Maintains	₹2,209	+37.97%	Feb 13, 2026

Financial Forecast

Revenue This Year

23.63B

from 20.47B

15.44%

from 20.47B

Revenue Next Year

27.23B

from 23.63B

15.21%

from 23.63B

EPS This Year

39.84

from 34.24

16.35%

from 34.24

EPS Next Year

51.94

from 39.84

30.38%

from 39.84

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	7.05B	12.12B	15.50B	17.72B	20.47B	23.63B
Revenue Growth	115.01%	71.87%	27.93%	14.27%	15.55%	15.44%
Gross Profit	2.58B	5.11B	7.28B	8.03B	9.64B	10.96B
Gross Margin	36.60%	42.18%	46.98%	45.34%	47.11%	46.40%
Operating Income	368.24M	1.66B	2.26B	1.67B	2.00B	2.29B
Net Income	223.68M	1.25B	1.76B	1.43B	1.68B	1.95B
EPS	-	-	-	-	34.24	39.84
EPS Growth	-	-	-	-	17.42%	16.35%
Forward PE	-	-	-	-	-	40.19
Dividend / Share	0.40	1.63	2.75	3.00	4.00	4.24
Dividend Growth	-	306.25%	69.23%	9.09%	33.33%	6.00%
Free Cash Flow	-298.96M	-171.24M	750.19M	-1.09B	1.17B	1.69B
No. Analysts	-	-	-	-	-	9

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	23.9B
Avg	23.6B
Low	23.4B

Revenue Growth

Revenue Growth	2027	2028	2029
High	16.9%
Avg	15.4%
Low	14.5%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	39.84
Low	-

EPS Growth

EPS Growth	2027	2028	2029
High	-
Avg	16.3%
Low	-