Credo Brands Marketing Ltd
Incorporated in 1999, Credo Brands Marketing Limited offers casual clothing for men with its flagship brand "Mufti".[1]
- Market Cap ₹ 1,106 Cr.
- Current Price ₹ 170
- High / Low ₹ 325 / 136
- Stock P/E 18.8
- Book Value ₹ 58.0
- Dividend Yield 0.29 %
- ROCE 19.4 %
- ROE 19.1 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 28.1% CAGR over last 5 years
Cons
- Promoter holding has decreased over last quarter: -0.36%
* 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
Part of BSE IPO BSE Consumer Discretionary BSE SmallCap BSE Allcap
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 | TTM | |
---|---|---|---|---|---|---|---|
395 | 450 | 293 | 341 | 498 | 567 | 593 | |
358 | 405 | 264 | 247 | 336 | 406 | 428 | |
Operating Profit | 37 | 45 | 29 | 94 | 162 | 161 | 164 |
OPM % | 9% | 10% | 10% | 27% | 33% | 28% | 28% |
1 | 1 | 1 | 13 | 13 | 4 | 4 | |
Interest | 2 | 7 | 5 | 15 | 18 | 24 | 25 |
Depreciation | 11 | 13 | 13 | 46 | 53 | 62 | 64 |
Profit before tax | 25 | 26 | 12 | 46 | 104 | 79 | 79 |
Tax % | 32% | 41% | 23% | 26% | 25% | 25% | |
17 | 15 | 9 | 34 | 77 | 59 | 59 | |
EPS in Rs | 53.76 | 48.46 | 29.01 | 105.73 | 240.89 | 9.17 | 9.09 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 25% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 28% |
3 Years: | 84% |
TTM: | -24% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 22% |
Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 3 | 13 | 13 |
Reserves | 187 | 185 | 195 | 233 | 278 | 329 | 363 |
33 | 43 | 15 | 154 | 192 | 253 | 246 | |
54 | 66 | 79 | 86 | 101 | 115 | 140 | |
Total Liabilities | 277 | 297 | 292 | 476 | 574 | 710 | 762 |
44 | 47 | 41 | 179 | 237 | 281 | 290 | |
CWIP | 5 | 1 | 0 | 1 | 0 | 1 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
228 | 249 | 251 | 296 | 338 | 428 | 472 | |
Total Assets | 277 | 297 | 292 | 476 | 574 | 710 | 762 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
7 | 25 | 61 | 78 | 75 | 56 | |
-19 | -14 | -7 | -28 | -21 | -35 | |
12 | -11 | -31 | -39 | -82 | -28 | |
Net Cash Flow | -0 | -0 | 24 | 11 | -28 | -6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 106 | 116 | 152 | 132 | 101 | 137 |
Inventory Days | 142 | 114 | 175 | 163 | 195 | 189 |
Days Payable | 41 | 43 | 103 | 91 | 73 | 45 |
Cash Conversion Cycle | 208 | 186 | 224 | 204 | 223 | 281 |
Working Capital Days | 146 | 138 | 169 | 160 | 159 | 189 |
ROCE % | 15% | 8% | 20% | 28% | 19% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 6 Nov
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
5 Nov - Transcript of Earnings call for Q2 & H1 FY 25
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 Oct - Audio recording of investor call on Q2 results.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Oct
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
28 Oct - Credo Brands announces Q2 & H1 FY25 financial results.
Concalls
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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
Product Portfolio[1] Sweatshirts, jeans, cargos, chinos, jackets, blazers, sweaters in holiday casuals, authentic daily casuals urban casuals, party wear, and athleisure categories.