Credo Brands Marketing Ltd

Credo Brands Marketing Ltd

₹ 171 -0.67%
13 May - close price
About

Incorporated in 1999, Credo Brands Marketing Limited offers casual clothing for men with its flagship brand "Mufti".[1]

Key Points

Product Portfolio[1] Sweatshirts, jeans, cargos, chinos, jackets, blazers, sweaters in holiday casuals, authentic daily casuals urban casuals, party wear, and athleisure categories.

  • Market Cap 1,100 Cr.
  • Current Price 171
  • High / Low 325 / 165
  • Stock P/E 14.1
  • Book Value 49.4
  • Dividend Yield 0.00 %
  • ROCE 28.3 %
  • ROE 30.1 %
  • Face Value 2.00

Pros

  • Debtor days have improved from 138 to 101 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* 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

Sector: Retail Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
143 130 118 166 150
91 88 88 109 108
Operating Profit 51 43 30 57 43
OPM % 36% 33% 26% 34% 28%
1 1 1 1 1
Interest 4 5 5 6 7
Depreciation 13 13 15 15 16
Profit before tax 35 26 11 37 21
Tax % 25% 26% 24% 24% 25%
26 19 9 28 16
EPS in Rs 80.90 60.25 1.33 4.35 2.42
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
245 341 498
195 245 334
Operating Profit 50 96 164
OPM % 20% 28% 33%
15 13 11
Interest 17 15 18
Depreciation 44 46 53
Profit before tax 4 48 104
Tax % 14% 25% 25%
3 36 78
EPS in Rs 10.78 111.97 241.08
Dividend Payout % 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 46%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 115%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 30%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 3 3 3 13
Reserves 189 233 278 305
144 154 192 252
81 86 101 131
Total Liabilities 417 476 574 701
167 179 237 260
CWIP 0 1 0 1
Investments 0 0 0 0
249 296 338 440
Total Assets 417 476 574 701

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
96 78 72
-6 -28 -19
-66 -39 -82
Net Cash Flow 24 11 -29

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
Debtor Days 183 132 101
Inventory Days 171 163 195
Days Payable 101 91 73
Cash Conversion Cycle 252 204 223
Working Capital Days 207 160 159
ROCE % 17% 28%

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024
55.40% 55.24%
3.56% 2.72%
10.42% 8.45%
30.61% 33.58%
No. of Shareholders 88,34881,579

* 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