Credo Brands Marketing Ltd
Incorporated in 1999, Credo Brands Marketing Ltd is in the business of selling of fashion casual garments and accessories under the brand name MUFTI[1]
- Market Cap ₹ 738 Cr.
- Current Price ₹ 113
- High / Low ₹ 214 / 105
- Stock P/E 11.4
- Book Value ₹ 62.8
- Dividend Yield 2.66 %
- ROCE 19.1 %
- ROE 18.4 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 33.7% CAGR over last 5 years
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Services Retailing Speciality Retail
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 395 | 450 | 293 | 341 | 498 | 567 | 618 | 614 | |
| 358 | 405 | 264 | 247 | 336 | 406 | 437 | 437 | |
| Operating Profit | 37 | 45 | 29 | 94 | 162 | 161 | 181 | 177 |
| OPM % | 9% | 10% | 10% | 27% | 33% | 28% | 29% | 29% |
| 1 | 1 | 1 | 13 | 13 | 4 | 5 | 6 | |
| Interest | 2 | 7 | 5 | 15 | 18 | 24 | 25 | 26 |
| Depreciation | 11 | 13 | 13 | 46 | 53 | 62 | 69 | 71 |
| Profit before tax | 25 | 26 | 12 | 46 | 104 | 79 | 92 | 87 |
| Tax % | 32% | 41% | 23% | 26% | 25% | 25% | 26% | |
| 17 | 15 | 9 | 34 | 77 | 59 | 68 | 65 | |
| EPS in Rs | 53.76 | 48.46 | 29.01 | 105.73 | 240.89 | 9.17 | 10.47 | 9.96 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 5% | 29% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 22% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 27% |
| TTM: | 8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -42% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 22% |
| Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 13 | 13 |
| Reserves | 187 | 185 | 195 | 233 | 278 | 329 | 397 |
| 33 | 43 | 15 | 154 | 192 | 253 | 237 | |
| 54 | 66 | 79 | 86 | 101 | 115 | 122 | |
| Total Liabilities | 277 | 297 | 292 | 476 | 574 | 710 | 769 |
| 44 | 47 | 41 | 179 | 237 | 281 | 291 | |
| CWIP | 5 | 1 | 0 | 1 | 0 | 1 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 228 | 249 | 251 | 296 | 338 | 428 | 478 | |
| Total Assets | 277 | 297 | 292 | 476 | 574 | 710 | 769 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 7 | 25 | 61 | 78 | 75 | 56 | 159 | |
| -19 | -14 | -7 | -28 | -21 | -35 | -20 | |
| 12 | -11 | -31 | -39 | -82 | -28 | -96 | |
| Net Cash Flow | -0 | -0 | 24 | 11 | -28 | -6 | 44 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 106 | 116 | 152 | 132 | 101 | 137 | 141 |
| Inventory Days | 142 | 114 | 175 | 163 | 195 | 189 | 141 |
| Days Payable | 41 | 43 | 103 | 91 | 73 | 33 | 35 |
| Cash Conversion Cycle | 208 | 186 | 224 | 204 | 223 | 293 | 246 |
| Working Capital Days | 117 | 117 | 167 | 125 | 134 | 145 | 150 |
| ROCE % | 15% | 8% | 20% | 28% | 19% | 19% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
3 Nov - Earnings conference call on Nov 10, 2025 at 2:30 PM IST for Q2 & H1 FY26 unaudited results.
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Board Meeting Intimation for Approval Of Standalone Un-Audited Financial Results Of The Company For The Quarter And Half Year Ended
September 30, 2025
2 Nov - Board meeting Nov 7, 2025 to approve unaudited results for quarter/half-year ended Sep 30, 2025; trading window closed.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 3 Oct
- Closure of Trading Window 26 Sep
-
Appointment Of Secretarial Auditors
22 Sep - Reappointed Amer Jaleel as independent director Nov 2, 2025–Nov 1, 2030; secretarial auditors appointed 2025-26–2029-30.
Concalls
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT REC
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Jun 2024Transcript PPT
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Feb 2024Transcript PPT REC
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Jan 2024TranscriptNotesPPT
Business Overview:[1][2]
CBML offers a diverse product range under the mid-premium to premium price range of clothing in India, under the brand name Mufti. It focuses on the design and outsource manufacturing. The company operates with
an asset-light business model wherein its entire manufacturing is outsourced to job workers and third-party suppliers.