Credo Brands Marketing Ltd

Credo Brands Marketing Ltd

₹ 161 -1.71%
22 Jul 3:29 p.m.
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 1,036 Cr.
  • Current Price 161
  • High / Low 325 / 145
  • Stock P/E 17.5
  • Book Value 53.0
  • Dividend Yield 0.00 %
  • ROCE 19.3 %
  • ROE 19.0 %
  • Face Value 2.00

Pros

  • Company has delivered good profit growth of 27.9% CAGR over last 5 years

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

Sector: Retail Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
142.70 130.50 132.79 118.49 165.62 150.14 133.08
91.48 87.57 94.26 88.24 108.80 107.63 102.14
Operating Profit 51.22 42.93 38.53 30.25 56.82 42.51 30.94
OPM % 35.89% 32.90% 29.02% 25.53% 34.31% 28.31% 23.25%
0.94 0.97 9.57 0.94 1.18 1.05 1.46
Interest 4.09 5.09 4.76 5.37 5.63 6.66 6.40
Depreciation 13.17 12.78 14.39 14.51 15.39 16.18 16.15
Profit before tax 34.90 26.03 28.95 11.31 36.98 20.72 9.85
Tax % 25.47% 25.59% 25.46% 24.14% 24.34% 24.81% 28.63%
26.01 19.37 21.58 8.57 27.97 15.59 7.03
EPS in Rs 80.90 60.25 67.12 1.33 4.35 2.42 1.09
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
395 450 293 341 498 567
358 405 264 247 336 407
Operating Profit 37 45 29 94 162 161
OPM % 9% 10% 10% 27% 33% 28%
1 1 1 13 13 5
Interest 2 7 5 15 18 24
Depreciation 11 13 13 46 53 62
Profit before tax 25 26 12 46 104 79
Tax % 32% 41% 23% 26% 25% 25%
17 15 9 34 77 59
EPS in Rs 53.76 48.46 29.01 105.73 240.89 9.17
Dividend Payout % 0% 0% 0% 0% 0% 5%
Compounded Sales Growth
10 Years: %
5 Years: 8%
3 Years: 25%
TTM: 14%
Compounded Profit Growth
10 Years: %
5 Years: 28%
3 Years: 83%
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
Equity Capital 3 3 3 3 3 13
Reserves 187 185 195 233 278 329
33 43 15 154 192 253
54 66 79 86 101 115
Total Liabilities 277 297 292 476 574 710
44 47 41 179 237 281
CWIP 5 1 0 1 0 1
Investments 0 0 0 0 0 0
228 249 251 296 338 428
Total Assets 277 297 292 476 574 710

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%

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024Jun 2024
55.40% 55.24% 55.19%
3.56% 2.72% 1.89%
10.42% 8.45% 7.65%
30.61% 33.58% 35.26%
No. of Shareholders 88,34881,57980,182

* 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