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 ₹ 528 Cr.
- Current Price ₹ 80.4
- High / Low ₹ 116 / 62.1
- Stock P/E 9.99
- Book Value ₹ 69.6
- Dividend Yield 2.49 %
- ROCE 14.4 %
- ROE 12.0 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 1.15 times its book value
- Company has been maintaining a healthy dividend payout of 20.6%
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
Part of BSE Consumer Discretionary
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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 395 | 450 | 293 | 341 | 498 | 567 | 618 | 592 | 623 | |
| Sales growth | +14% | -35% | +16% | +46% | +14% | +9% | -4% | +5% | |
| 358 | 405 | 264 | 247 | 336 | 406 | 437 | 434 | 462 | |
| Operating Profit | 37 | 45 | 29 | 94 | 162 | 161 | 181 | 158 | 161 |
| OPM % | 9% | 10% | 10% | 27% | 33% | 28% | 29% | 27% | 26% |
| 1 | 1 | 1 | 13 | 13 | 4 | 5 | 6 | 10 | |
| Interest | 2 | 7 | 5 | 15 | 18 | 24 | 26 | 25 | 25 |
| Depreciation | 11 | 13 | 13 | 46 | 53 | 62 | 69 | 74 | 76 |
| Profit before tax | 25 | 26 | 12 | 46 | 104 | 79 | 92 | 64 | 70 |
| Tax % | 32% | 41% | 23% | 26% | 25% | 25% | 26% | 26% | |
| 17 | 15 | 9 | 34 | 77 | 59 | 68 | 47 | 52 | |
| EPS in Rs | 2.68 | 2.42 | 1.45 | 5.27 | 12.01 | 9.17 | 10.47 | 7.25 | 7.92 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 5% | 29% | 28% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 6% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | -13% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 16% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 13 | 13 | 13 | 13 |
| Reserves | 187 | 185 | 195 | 233 | 278 | 329 | 397 | 426 | 442 |
| 33 | 43 | 15 | 154 | 192 | 253 | 237 | 228 | 218 | |
| 54 | 66 | 79 | 86 | 101 | 115 | 122 | 135 | 144 | |
| Total Liabilities | 277 | 297 | 292 | 476 | 574 | 710 | 769 | 802 | 818 |
| 44 | 47 | 41 | 179 | 237 | 281 | 291 | 276 | 262 | |
| CWIP | 5 | 1 | 0 | 1 | 0 | 1 | 1 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 228 | 249 | 251 | 296 | 338 | 428 | 478 | 525 | 556 | |
| Total Assets | 277 | 297 | 292 | 476 | 574 | 710 | 769 | 802 | 818 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 7 | 25 | 61 | 78 | 75 | 56 | 159 | 132 | |
| -19 | -14 | -7 | -28 | -21 | -35 | -20 | -35 | |
| 12 | -11 | -31 | -39 | -82 | -28 | -96 | -90 | |
| Net Cash Flow | -0 | -0 | 24 | 11 | -28 | -6 | 44 | 7 |
| Free Cash Flow | -12 | 8 | 54 | 63 | 40 | 21 | 138 | 113 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 53% | 65% | 222% | 105% | 65% | 50% | 102% | 95% |
Ratios
Standalone / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 106 | 116 | 152 | 132 | 101 | 137 | 141 | 146 |
| Inventory Days | 142 | 114 | 175 | 163 | 195 | 189 | 141 | 163 |
| Days Payable | 41 | 43 | 103 | 91 | 73 | 33 | 35 | 40 |
| Cash Conversion Cycle | 208 | 186 | 224 | 204 | 223 | 293 | 246 | 269 |
| Working Capital Days | 117 | 117 | 167 | 125 | 134 | 145 | 150 | 146 |
| ROCE % | 15% | 8% | 20% | 28% | 19% | 19% | 14% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Avg. Annual Revenue per EBO Rs. Lakhs |
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| Avg. Ticket Value per Bill for EBOs Rs. |
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| EBO Store Count stores |
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| EBO Share of Revenue (Channel Mix) % |
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| Revenue per sq. ft. Rs. per sq. ft. |
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| Total Retail Touchpoints touchpoints |
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| Same-Store Sales Growth (SSSG) % |
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| Shirts Share of Revenue (Product Mix) % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Audio recording of investor call on Q2 and H1 FY2027 unaudited results released on website.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Credo Brands reports Q2 FY27 revenue up 16%, EBITDA up 24%, PAT up 45%; 419 stores.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
- Investor Presentation on Financial Results for the period ended September 30, 2026
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Un-Audited Standalone Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2026
- Board approved unaudited standalone results for quarter and half year ended September 30, 2026.
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Board Meeting Outcome for Un-Audited Standalone Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2026
- Board approved unaudited standalone results for quarter and half year ended September 30, 2026.
Annual reports
-
Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
Concalls
-
Nov 2026PPT REC
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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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 2024PPT
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 outsources manufacturing to job workers and third-party suppliers.