Credo Brands Marketing Ltd

Credo Brands Marketing Ltd

₹ 161 -1.59%
22 Jul 4:01 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 1,038 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

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 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
142.70 130.50 132.79 118.49 165.62 150.14 133.08
91.47 87.57 92.16 88.24 108.80 107.63 102.14
Operating Profit 51.23 42.93 40.63 30.25 56.82 42.51 30.94
OPM % 35.90% 32.90% 30.60% 25.53% 34.31% 28.31% 23.25%
0.94 0.97 7.57 0.94 1.18 1.05 1.46
Interest 4.10 5.10 4.76 5.37 5.63 6.66 6.40
Depreciation 13.17 12.78 14.39 14.51 15.39 16.18 16.11
Profit before tax 34.90 26.02 29.05 11.31 36.98 20.72 9.89
Tax % 25.47% 25.60% 25.37% 24.14% 24.34% 24.81% 28.51%
26.01 19.37 21.68 8.58 27.97 15.59 7.07
EPS in Rs 80.90 60.25 67.43 1.33 4.35 2.42 1.10
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
245 341 498 567
195 245 334 407
Operating Profit 50 96 164 161
OPM % 20% 28% 33% 28%
15 13 11 5
Interest 17 15 18 24
Depreciation 44 46 53 62
Profit before tax 4 48 104 79
Tax % 14% 25% 25% 25%
3 36 78 59
EPS in Rs 10.78 111.97 241.08 9.18
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 32%
TTM: 14%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 166%
TTM: -24%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 22%
Last Year: 19%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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