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 ₹ 723 Cr.
- Current Price ₹ 111
- High / Low ₹ 214 / 105
- Stock P/E 10.5
- Book Value ₹ 62.8
- Dividend Yield 2.72 %
- ROCE 19.1 %
- ROE 18.4 %
- 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.
Peer comparison
Consumer Discretionary Consumer Services Retailing Speciality Retail
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | 437 | |
| Operating Profit | 50 | 96 | 164 | 161 | 181 |
| OPM % | 20% | 28% | 33% | 28% | 29% |
| 15 | 13 | 11 | 4 | 5 | |
| 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: | 16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -42% |
| 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 | 159 | |
| -6 | -28 | -19 | -35 | -20 | |
| -66 | -39 | -82 | -28 | -96 | |
| 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 | 33 | 35 |
| Cash Conversion Cycle | 252 | 204 | 223 | 293 | 246 |
| Working Capital Days | 168 | 125 | 134 | 145 | 150 |
| ROCE % | 17% | 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
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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.