bell
The current prices are delayed by 15 mins, login to check live prices.
Credo Brands Marketing Ltd share price logo

Credo Brands Marketing Ltd

(MUFTI)

₹197.820.66%

as on 04:01PM, 11 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Credo Brands Marketing Ltd Performance

  • Day's Low

    Day's High

    ₹194.87
    ₹201.9
  • 52 Week's Low

    52 Week's High

    ₹145.2
    ₹324.8
1 Month Return-3.92 %
3 Month Return+ 11.93 %
1 Year Return-37.05 %
Previous Close₹196.53
Open₹198.00
Volume1.43L
Upper Circuit-
Lower Circuit-
Market Cap₹1,276.76Cr

Credo Brands Marketing Ltd Key Statistics

P/E Ratio20.93
PEG Ratio-0.15
Market Cap₹1,276.76 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₹1,276.76 Cr-7.41%0.73₹59 Cr₹629 Cr
NA₹103.90 Cr43.68%0.60NANA
NA₹897.44 Cr10.89%1.04-₹267 Cr₹2,369 Cr
NA₹16.22 Cr-18.83%0.58NANA
BUY₹7,585.51 Cr57.17%0.57₹83 Cr₹998 Cr

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: ₹197.82 per share as on 11 Oct, 2024 04:01 PM
Market Capitalisation: ₹1,276.76Cr as of today
Revenue: ₹123.89Cr as on June 2024 (Q2 24)
Net Profit: ₹9.77Cr as on June 2024 (Q2 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 Strong Profit Growth - 07 Aug, 2024

    Credo Brands Marketing Limited's net profit surged by 38% QoQ, reaching Rs. 9.77 Crores in Q1FY25. Revenue grew 5% YoY, and the company plans to expand by opening 25-30 new stores in FY25.

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

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 7.07 Cr → 9.77 Cr (in ₹), with an average increase of 27.6% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 33.59% to 35.27% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 4 quarters, 166.8 Cr → 125.09 Cr (in ₹), with an average decrease of 9.1% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, MUFTI stock has moved down by -37.1%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 4.17% to 3.72% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 55.24% to 55.19% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 2.72% to 1.89% in Jun 2024 quarter

Credo Brands Marketing Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹118.49Cr (-)₹165.62Cr (↑39.78%)₹150.14Cr (↓9.35%)₹133.08Cr (↓11.36%)₹123.89Cr (↓6.91%)
Net Income₹8.58Cr (-)₹27.97Cr (↑225.99%)₹15.59Cr (↓44.26%)₹7.07Cr (↓54.65%)₹9.77Cr (↑38.19%)
Net Profit Margin7.24% (-)16.89% (↑133.29%)10.38% (↓38.54%)5.31% (↓48.84%)7.89% (↑48.59%)
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

₹16,619.33

-0.09 (-15.28%)

BSE Small-Cap

₹56,600.09

0.44 (246.73%)

S&P BSE AllCap

₹10,896.94

0.07 (7.15%)

Credo Brands Marketing Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
55.19%
-0.09
Foreign Institutions
1.89%
-30.56
Mutual Funds
3.72%
-10.86
Retail Investors
35.27%
5.00
Others
3.93%
-8.01

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 (-352.43x)

October 10, 2024

Today (20.93x)

October 10, 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 jumped 13.87% since last year same period to ₹9.77Cr in the Q1 2024-2025. On a quarterly growth basis, Credo Brands Marketing Ltd has generated 38.19% 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 0.25%.

    Read More about Dividends

Credo Brands Marketing Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

FAQs on Credo Brands Marketing Ltd

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Credo Brands Marketing Ltd shares.

Credo Brands Marketing Ltd (MUFTI) share price today is ₹197.82

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 ₹201.9.
  • Today’s lowest price of Credo Brands Marketing Ltd is ₹194.87.

PE Ratio of Credo Brands Marketing Ltd is 20.93

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 1.43L.

Today’s market capitalisation of Credo Brands Marketing Ltd(MUFTI) is ₹1276.76Cr.

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

Credo Brands Marketing Ltd(MUFTI) share price is ₹197.82. It is down -39.09% from its 52 Week High price of ₹324.8

Credo Brands Marketing Ltd(MUFTI) share price is ₹197.82. It is up 36.24% from its 52 Week Low price of ₹145.2

Credo Brands Marketing Ltd(MUFTIReturns
1 Day Returns
1.29%
1 Month Returns
-3.92%
3 Month Returns
11.93%
1 Year Returns
-37.05%