Credo Brands Marketing Ltd

Credo Brands Marketing Ltd

₹ 174 20.00%
23 May - close price
About

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]

Key Points

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.

  • Market Cap 1,135 Cr.
  • Current Price 174
  • High / Low 228 / 117
  • Stock P/E 16.6
  • Book Value 62.8
  • Dividend Yield 0.29 %
  • ROCE 18.9 %
  • ROE 18.2 %
  • Face Value 2.00

Pros

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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
143 130 133 118 166 150 133 124 186 156 153
91 88 92 88 109 108 102 91 128 108 112
Operating Profit 51 43 41 30 57 43 31 33 58 48 41
OPM % 36% 33% 31% 26% 34% 28% 23% 27% 31% 31% 27%
1 1 8 1 1 1 1 1 1 1 3
Interest 4 5 5 5 6 7 6 6 6 7 6
Depreciation 13 13 14 15 15 16 16 15 16 18 19
Profit before tax 35 26 29 11 37 21 10 13 35 24 19
Tax % 25% 26% 25% 24% 24% 25% 29% 25% 25% 25% 27%
26 19 22 9 28 16 7 10 26 18 14
EPS in Rs 80.90 60.25 67.43 1.33 4.35 2.42 1.10 1.51 4.07 2.81 2.12
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
245 341 498 567 618
195 245 334 406 438
Operating Profit 50 96 164 161 180
OPM % 20% 28% 33% 28% 29%
15 13 11 4 6
Interest 17 15 18 24 25
Depreciation 44 46 53 62 69
Profit before tax 4 48 104 79 92
Tax % 14% 25% 25% 25% 26%
3 36 78 59 68
EPS in Rs 10.78 111.97 241.08 9.18 10.47
Dividend Payout % 0% 0% 0% 5% 29%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 22%
TTM: 9%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 24%
TTM: 15%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 3%
Return on Equity
10 Years: %
5 Years: %
3 Years: 22%
Last Year: 18%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 3 3 3 13 13
Reserves 189 233 278 329 397
144 154 192 253 237
81 86 101 115 122
Total Liabilities 417 476 574 710 769
167 179 237 281 291
CWIP 0 1 0 1 1
Investments 0 0 0 0 0
249 296 338 428 478
Total Assets 417 476 574 710 769

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
96 78 72 56 166
-6 -28 -19 -35 -20
-66 -39 -82 -28 -103
Net Cash Flow 24 11 -29 -6 44

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 183 132 101 137 141
Inventory Days 171 163 195 189 141
Days Payable 101 91 73 45 35
Cash Conversion Cycle 252 204 223 281 246
Working Capital Days 207 160 159 189 173
ROCE % 17% 28% 19% 19%

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
55.40% 55.24% 55.19% 54.83% 54.64% 55.06%
3.56% 2.72% 1.89% 1.47% 0.47% 0.26%
10.42% 8.45% 7.65% 6.69% 5.68% 4.42%
30.61% 33.58% 35.26% 36.99% 39.21% 40.26%
No. of Shareholders 88,34881,57980,18278,24377,21675,677

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents