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Credo Brands Marketing Ltd share price logo

Credo Brands Marketing Ltd

(MUFTI)

₹169.770.02%

as on 04:01PM, 22 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Credo Brands Marketing Ltd Performance

  • Day's Low

    Day's High

    ₹166.99
    ₹170.97
  • 52 Week's Low

    52 Week's High

    ₹145.2
    ₹324.8
1 Month Return+ 1.19 %
3 Month Return-16.02 %
1 Year Return-45.61 %
Previous Close₹169.80
Open₹170.79
Volume1.85L
Upper Circuit-
Lower Circuit-
Market Cap₹1,105.50Cr

Credo Brands Marketing Ltd Key Statistics

P/E Ratio18.58
PEG Ratio-0.28
Market Cap₹1,105.50 Cr
P/B Ratio3.15
EPS9.18
Dividend Yield0.3
SectorRetail
ROE18.99

Credo Brands Marketing Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹1,105.50 Cr-9.12%0.73₹59 Cr₹629 Cr
NA₹148.98 Cr-6.17%0.69₹1 Cr₹195 Cr
NA₹83.33 Cr-7.88%0.52NANA
NA₹598.07 Cr135.35%0.50NANA
NA₹84.72 Cr5.79%0.69NANA

Credo Brands Marketing Ltd Mutual Fund Holdings

About Credo Brands Marketing Ltd

Credo Brands Marketing Ltd was incorporated as a private limited company in the name of Credo Brands Marketing Private Limited in Mumbai India dated April 29 1999 issued by the RoC. Subsequently the Company was converted from a private limited company to a public limited company dated May 11 2023 consequent to which a fresh certificate of incorporation was issued by the RoC to Company and the name of Company was changed to Credo Brands Marketing Limited.Credo Brands are among the largest homegrown brands in the midpremium and premium mens casual wear market. The Company is mainly engaged in the business of selling of fashion casual garments and accessories under the brand name Mufti. Their products are designed to provide a youthful appearance while keeping up with ongoing fashion trends. The Company has been providing a a wide range of products for multiple occasions in a customers life with their product offerings ranging from Shirts to TShirts to jeans to chinos to jackets which caters to all yearround clothing. The product mix has evolved significantly over the past several years from consisting of only shirts and trousers in the year 1998 to a wide range of products including TShirts sweatshirts jeans cargos chinos jackets blazersand sweaters in relaxed holiday casuals authentic daily casuals to urban casuals party wear and also athleisure categories. Their products main competitors in the similar price brackets are brands such as Jack Jones Levis Pepe Jeans and U.S. Polo Assn. In 1998 the Company launched the brand Mufti the brand was purchased by Company from proprietary concern of Kamal Khushlani in 2003. It launched Muftisphere in year 2014 to provide benefits to customers into shopping. The Company opened its 100th store in 2010 200th store in 2013 opened 300th store in 2019 and thereafter 350th store in 2022. As of March 31 2023 the Company had a network of 45 fabric and accessories suppliers and over 45 manufacturing partners with the top five suppliers. The Company is planning up to 19634960 Equity Shares through Offer for Sale..

Share Price: ₹169.77 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹1,105.50Cr as of today
Revenue: ₹185.57Cr as on September 2024 (Q3 24)
Net Profit: ₹26.46Cr as on September 2024 (Q3 24)
Listing date: 27 Dec, 2023
Chairperson Name: KAMAL D KHUSHLANI
OrganisationCredo Brands Marketing Ltd
Headquarters
IndustryRetail
E-voting on sharesClick here to vote

Key events for Credo Brands Marketing Ltd

  • Credo Brands Reports Mixed Financial Results for September 2024 - 29 Oct, 2024

    Credo Brands reported net sales of Rs 185.57 crore for September 2024, up 12.05% year-on-year. However, net profit decreased by 5.41% to Rs 26.46 crore, and EPS fell to Rs 4.10 from Rs 4.35.

Insights on Credo Brands Marketing Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 35.27% to 37.01% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 125.09 Cr → 186.09 Cr (in ₹), with an average increase of 32.8% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 7.07 Cr → 26.46 Cr (in ₹), with an average increase of 45.4% per quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 55.19% to 54.83% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, MUFTI stock has moved down by -45.6%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 3.72% to 3.70% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 1.89% to 1.47% in Sep 2024 quarter

Credo Brands Marketing Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹165.62Cr (-)₹150.14Cr (↓9.35%)₹133.08Cr (↓11.36%)₹123.89Cr (↓6.91%)₹185.57Cr (↑49.79%)
Net Income₹27.97Cr (-)₹15.59Cr (↓44.26%)₹7.07Cr (↓54.65%)₹9.77Cr (↑38.19%)₹26.46Cr (↑170.83%)
Net Profit Margin16.89% (-)10.38% (↓38.54%)5.31% (↓48.84%)7.89% (↑48.59%)14.26% (↑80.74%)
Value in ₹ crore
Details2021202220232024
Total Assets₹292.45Cr (-)₹511.01Cr (↑74.73%)₹617.23Cr (↑20.79%)₹759.59Cr (↑23.06%)
Total Liabilities₹94.46Cr (-)₹275.22Cr (↑191.36%)₹335.87Cr (↑22.04%)₹417.95Cr (↑24.44%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹25.34Cr (-)₹61.16Cr (↑141.36%)₹78.38Cr (↑28.16%)₹74.52Cr (↓4.92%)₹56.26Cr (↓24.50%)

Index Inclusions

BSE IPO

₹15,117.71

0.07 (9.88%)

BSE Small-Cap

₹52,612.93

0.9 (471.78%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Credo Brands Marketing Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
54.83%
-0.65
Foreign Institutions
1.47%
-22.06
Mutual Funds
3.7%
-0.65
Retail Investors
37.01%
4.94
Others
2.99%
-23.91

Credo Brands Marketing Ltd Key Indicators

Details2024
Earning Per Share (₹)9.18
Details20202021202220232024
Return On Equity %8.194.815.5629.9518.99
Details202220232024
Return On Assets %6.9912.567.79
Details2024
Book Value Per Share (₹)52.99

Credo Brands Marketing Ltd Valuation

Credo Brands Marketing Ltd in the last 5 years

  • Overview

  • Trends

Lowest (2.21x)

March 28, 2024

Industry (-289.21x)

November 21, 2024

Today (18.58x)

November 21, 2024

Highest (24.01x)

August 26, 2024

LowHigh

Credo Brands Marketing Ltd Earnings and Dividends

  • Credo Brands Marketing Ltd Earnings Results

    Credo Brands Marketing Ltd’s net profit fell -5.4% since last year same period to ₹26.46Cr in the Q2 2024-2025. On a quarterly growth basis, Credo Brands Marketing Ltd has generated 170.83% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Credo Brands Marketing Ltd Dividends May,2024

    In the quarter ending March 2024, Credo Brands Marketing Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.29%.

    Read More about Dividends

Credo Brands Marketing Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Credo Brands Marketing Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Credo Brands Marketing Ltd

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Credo Brands Marketing Ltd (MUFTI) share price today is ₹169.77

Credo Brands Marketing Ltd is listed on NSE

Credo Brands Marketing Ltd is listed on BSE

  • Today’s highest price of Credo Brands Marketing Ltd is ₹170.97.
  • Today’s lowest price of Credo Brands Marketing Ltd is ₹166.99.

PE Ratio of Credo Brands Marketing Ltd is 18.58

PE ratio = Credo Brands Marketing Ltd Market price per share / Credo Brands Marketing Ltd Earnings per share

Today’s traded volume of Credo Brands Marketing Ltd(MUFTI) is 1.85L.

Today’s market capitalisation of Credo Brands Marketing Ltd(MUFTI) is ₹1105.5Cr.

Credo Brands Marketing Ltd(MUFTIPrice
52 Week High
₹324.8
52 Week Low
₹145.2

Credo Brands Marketing Ltd(MUFTI) share price is ₹169.77. It is down -47.73% from its 52 Week High price of ₹324.8

Credo Brands Marketing Ltd(MUFTI) share price is ₹169.77. It is up 16.92% from its 52 Week Low price of ₹145.2

Credo Brands Marketing Ltd(MUFTIReturns
1 Day Returns
-0.03%
1 Month Returns
1.19%
3 Month Returns
-16.02%
1 Year Returns
-45.61%