Credo Brands Marketing Ltd

Credo Brands Marketing Ltd

₹ 170 0.84%
21 Nov - 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 1,106 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

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.

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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 Jun 2024 Sep 2024
143 130 133 118 166 150 133 124 186
91 88 92 88 109 108 102 91 128
Operating Profit 51 43 41 30 57 43 31 33 58
OPM % 36% 33% 31% 26% 34% 28% 23% 27% 31%
1 1 8 1 1 1 1 1 1
Interest 4 5 5 5 6 7 6 6 6
Depreciation 13 13 14 15 15 16 16 15 16
Profit before tax 35 26 29 11 37 21 10 13 35
Tax % 25% 26% 25% 24% 24% 25% 29% 25% 25%
26 19 22 9 28 16 7 10 26
EPS in Rs 80.90 60.25 67.43 1.33 4.35 2.42 1.10 1.51 4.07
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
245 341 498 567 593
195 245 334 406 428
Operating Profit 50 96 164 161 164
OPM % 20% 28% 33% 28% 28%
15 13 11 4 4
Interest 17 15 18 24 25
Depreciation 44 46 53 62 64
Profit before tax 4 48 104 79 79
Tax % 14% 25% 25% 25%
3 36 78 59 59
EPS in Rs 10.78 111.97 241.08 9.18 9.10
Dividend Payout % 0% 0% 0% 5%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 32%
TTM: 8%
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 Sep 2024
Equity Capital 3 3 3 13 13
Reserves 189 233 278 329 363
144 154 192 253 246
81 86 101 115 140
Total Liabilities 417 476 574 710 762
167 179 237 281 290
CWIP 0 1 0 1 0
Investments 0 0 0 0 0
249 296 338 428 472
Total Assets 417 476 574 710 762

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 2024Sep 2024
55.40% 55.24% 55.19% 54.83%
3.56% 2.72% 1.89% 1.47%
10.42% 8.45% 7.65% 6.69%
30.61% 33.58% 35.26% 36.99%
No. of Shareholders 88,34881,57980,18278,243

* 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.

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