Credo Brands Marketing Ltd (MUFTI) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 544058 | NSE: MUFTI | Trading | Small Cap

Credo Brands Mktg Share Price

95.55 -0.85 -0.88%
as on 05-Dec'25 12:12

Credo Brands Marketing Ltd (MUFTI) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 544058 | NSE: MUFTI | Trading | Small Cap

DeciZen - make an informed investing decision on Credo Brands Mktg

Based on:

Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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Credo Brands Marketing stock performance -

Key Ratios
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P/E Ratio (SA):
10.99
Market Cap:
630.2 Cr.
52-wk low:
95.3
52-wk high:
213.7

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10 Year X-Ray of Credo Brands Mktg: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Credo Brands Marketing Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 36.5%20.8%13.3%13.1%14.5%7.9%26.3%44.9%30.7%29.7%-
Value Creation
Index
1.60.5-0.1-0.10.0-0.40.92.21.21.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 370370358395450293341498567618592
Sales YoY Gr.-0.2%-3.4%10.4%14%-34.8%16.3%46%13.9%9%-
Adj EPS 6.23.82.12.72.61.45.212.39.210.68.8
YoY Gr.--37.7%-44.9%28.4%-4.8%-45.4%265.3%139.2%-25%14.7%-
BVPS (₹) 26.628.628.929.829.530.936.743.652.862.663.7
Adj Net
Profit
39.324.513.517.316.5932.979.259.669.257
Cash Flow from Ops. 11.119.329.472461.278.474.556.3159-
Debt/CF from Ops. 0.80.70.34.71.80.30.20.10.70-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.9%6.6%21.9%9%
Adj EPS 6.2%32.7%27.2%14.7%
BVPS10%16.3%19.5%18.6%
Share Price - - - -50.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
24.213.97.39.28.74.715.230.619.118.413.9
Op. Profit
Mgn %
18.5139.69.4109.927.33328.429.328.4
Net Profit
Mgn %
10.66.63.84.43.73.19.615.910.511.29.7
Debt to
Equity
0.10.10.10.20.20.10.100.100
Working Cap
Days
160186198188184282219183158174119
Cash Conv.
Cycle
12615015614213419313511410612886

Recent Performance Summary

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Latest Financials - Credo Brands Marketing Ltd.

Standalone Consolidated
TTM EPS (₹) 8.8 10.5
TTM Sales (₹ Cr.) 592 618
BVPS (₹.) 63.7 62.5
Reserves (₹ Cr.) 403 396
P/BV 1.51 1.54
PE 10.99 9.22
From the Market
52 Week Low / High (₹) 95.25 / 213.70
All Time Low / High (₹) 97.20 / 324.55
Market Cap (₹ Cr.) 630
Equity (₹ Cr.) 13.1
Face Value (₹) 2
Industry PE 36.9

Management X-Ray of Credo Brands Mktg:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Credo Brands Mktg - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

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Key Ratios of Credo Brands Mktg

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales370370358395450293341498567618
Operating Expenses 301323323358406265248336407438
Manufacturing Costs77101411824344753
Material Costs158165161171192123147212241264
Employee Cost 24283240372129273232
Other Costs 11212312113316611348648789
Operating Profit 68483437442893162161180
Operating Profit Margin (%) 18.5%12.9%9.6%9.3%9.7%9.7%27.3%32.5%28.3%29.1%
Other Income 111122141356
Interest 11227515182425
Depreciation 99911131346536269
Exceptional Items 0000000000
Profit Before Tax 603824252612461047992
Tax 211410811312262023
Profit After Tax 3924131716934775968
PAT Margin (%) 10.6%6.5%3.8%4.3%3.5%2.9%9.9%15.5%10.4%11.1%
Adjusted EPS (₹)6.13.82.12.72.51.45.312.19.210.5
Dividend Payout Ratio (%)51%40%71%56%92%0%0%42%5%29%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 170182184190188197234280340409
Share Capital 333333331313
Reserves 167179181187185194231277327396
Minority Interest0000000000
Debt9138324115107341
Long Term Debt0110151310751
Short Term Debt91173226200290
Trade Payables12131519233537422226
Others Liabilities 292626253635180225287303
Total Liabilities 220235234266289282460554683739

Fixed Assets

Gross Block52607285104105223333408439
Accumulated Depreciation2027364556654698129150
Net Fixed Assets 323336404741178235279289
CWIP 0005101011
Investments 4444000000
Inventories36334267605966113125102
Trade Receivables129142124115143122124137212239
Cash Equivalents 1221226519245
Others Assets 17202634363441596462
Total Assets 220235234266289282460554683739

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 11192972461787556159
PBT 604025252612461047992
Adjustment 9111212161663648389
Changes in Working Capital -37-8-3-17-1436-11-63-813
Tax Paid -22-23-5-13-4-3-20-31-25-25
Cash Flow From Investing Activity -17-10-13-19-14-7-28-21-35-20
Capex -18-11-13-19-14-7-15-34-35-21
Net Investments 000000-14140-1
Others 1001-001-102
Cash Flow From Financing Activity -17-8-1712-9-31-39-82-28-96
Net Proceeds from Shares 0000000013
Net Proceeds from Borrowing 0000000-3-2-7
Interest Paid -0-1-11-3-3-3-3-5-3
Dividend Paid -20-12-1212-1700-320-3
Others 44-5-111-28-36-43-22-85
Net Cash Flow -221-1-012411-28-644

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)24.0913.667.349.178.264.4815.6530.1119.0618.27
ROCE (%)36.520.8113.2913.1114.457.8926.3344.9430.6929.67
Asset Turnover Ratio1.791.631.531.581.621.0311.061.321.18
PAT to CFO Conversion(x)0.280.792.230.411.56.782.290.970.952.34
Working Capital Days
Receivable Days110134136110104165121897898
Inventory Days33343850517461615349
Payable Days29293337408689684933

Credo Brands Marketing Ltd Stock News

Credo Brands Marketing Ltd FAQs

The current trading price of Credo Brands Mktg on 05-Dec-2025 12:12 is ₹95.55.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of Credo Brands Mktg stood at ₹630.2.
The latest P/E ratio of Credo Brands Mktg as of 04-Dec-2025 is 10.99.
The latest P/B ratio of Credo Brands Mktg as of 04-Dec-2025 is 1.51.
The 52-week high of Credo Brands Mktg is ₹213.7 and the 52-week low is ₹95.25.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Credo Brands Mktg is ₹592.4 ( Cr.) .

About Credo Brands Marketing Ltd

The company was incorporated as a private limited company in the name of ‘Credo Brands Marketing Private Limited’ in Mumbai, Maharashtra, India under the Companies Act, 1956 pursuant to a certificate of incorporation dated April 29, 1999 issued by the Registrar of Companies, Maharashtra at Mumbai (the RoC). Subsequently, the company was converted from a private limited company to a public limited company and the name of the company was changed to ‘Credo Brands Marketing Limited’, pursuant to a board resolution dated April 7, 2023, and a special resolution passed by its shareholders on April 18, 2023, consequent to which a fresh certificate of incorporation dated May 11, 2023, was issued by the RoC to the company.

The company provides a meaningful wardrobe solution to multiple occasions in a customer’s life, with its product offerings ranging from shirts to t-shirts to jeans to chinos, which caters to all year-round clothing. The company’s products are designed to provide a youthful appearance while keeping up with the ongoing fashion trends. The company is engaged in the retail sale of garments and accessories, and it does not manufacture any apparel. The company’s brand “Mufti” was launched by its Promoter, Kamal Khushlani, with a vision to redefine menswear. The brand was created as an alternative dressing solution and was designed to deliver a casual alternative with a focus on creative, bold, and expressive clothing for the contemporary Indian man who wanted something more stylish than what was commonly available.

In order to keep pace with these evolving fashion trends, the company’s product mix has evolved significantly over the past several years from consisting of only shirts, t-shirts and trousers in the year 1998 to a wide range of products including sweatshirts, jeans, cargos, chinos, jackets, blazers and sweaters in relaxed holiday casuals, authentic daily casuals to urban casuals, party wear and also athleisure categories as on date. The company’s design team is constantly focusing on expanding its product range to meet a varied range of consumer needs. The company’s products are available through a Pan-India multichannel distribution network that it has built over the years comprising of its exclusive brand outlets (EBOs), large format stores (LFSs) and multi-brand outlets (MBOs), as well as online channels comprising of its website and other e-commerce marketplaces. The company’s multi-channel presence is planned strategically in a manner that its products across categories are available at consumers’ preferred shopping channels. The company’s well-established EBO network offers a holistic shopping experience for its customers. The company’s EBOs are located nationwide across high streets, malls, airports and residential market areas. It also has an online presence which is rapidly growing wherein its customers can shop through its website, www.muftijeans.in, as well as through various e-commerce marketplaces.

Business area of the company

The company offers casual clothing for men with its flagship brand ‘Mufti’. The company's product range consisted only of shirts, T-shirts and trousers. Today, however, the company offers a wide range of products including sweatshirts, jeans, cargos, chinos, jackets, blazers and sweaters. These products are available in different categories, e.g. relaxed casual wear for vacations, authentic everyday wear, urban casual wear, party wear and athleisure. 

Key Awards, Accreditations and Recognition

  • 2011: The company was chosen as an ‘Indian Power Brand’ by the Indian consumer at the Indian Power Brands, the Global Superpower Edition.
  • 2013: The company was awarded the title of ‘Badshah-e-Hind – Esteemed King of India’ by Indian Power Brands at the GlamMe Awards.
  • 2013: The company received an award for the ‘Most Admired RMG Manufacturer – West’ from InFashion Honours, Faitma Images.
  • 2014: The company was awarded the Golden Scale Trophy for the ‘Brand of the Year – Men’s Casual Wear’ by Apex.
  • 2015: The company’s Promoter, Kamal Khushlani was awarded the title of one of the ‘Most Talented Retail Professionals’ by CMO Asia at the Asia Retail Congress.
  • 2015: The company’s Promoter, Kamal Khushlani received the ‘Retail Leadership Award’ by CMO Asia at the Retail Excellence Awards.
  • 2017: The company’s Promoter, Kamal Khushlani was named in the ‘Most Influential Retail Leaders Listing’ by Asia-AfricaGCC Retail and Shopping Centre Congress and Awards at the Asia Retail Congress.
  • 2019: The company received ‘Retailer of the Year (Fashion and Lifestyle)’ award at the Global Awards for Retail Excellence by ET Now.

Major events and milestones

  • 1998: Launch of the brand “Mufti”.
  • 1999: Incorporation of the Company.
  • 2003: Brand purchased by the Company from proprietary concern of Kamal Khushlani.
  • 2008: Investment by Bennett Coleman & Co. Limited.
  • 2010: Opened 100th store.
  • 2013: Opened 200th store.
  • 2019: Reinvented the brand philosophy & new logo.
  • 2019: Opened 300th store.
  • 2022: Opened 350th store.


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