Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call

Credo Brands Marketing Earnings Call: Key Takeaways

Revenue and profit declined as management prioritizes a high-cost brand pivot (Mufti 2.0) despite soft consumer demand and margin pressure from GST reforms.

Why this was an Alfa AlertNot a filter event. Revenue and PAT declined YoY; results were not a material beat of guidance.
Highlights
Revenue growthRevenue fell 6% YoY to ₹146.1 crore due to muted demand.
MarginsGross margins temporarily impacted by GST reforms; EBITDA margin at 22.9%.
Demand visibilityCiting cautious consumer sentiment and lower footfalls across the apparel industry.
Management confidenceAspirational; emphasizing long-term premiumization despite current financial underperformance and degrowth.

Growth

Revenue degrew 6% to ₹146.1cr; PAT dropped significantly to ₹7cr due to muted festive demand and higher advertising.

Outlook

Management targets 25% EBITDA margin by Q4 and 20 new identity stores by fiscal year-end.

Risks

Advertising spend increasing to 8-10% of revenue could severely compress margins if top-line growth fails to materialize.

Source

Earnings Call filed with BSE, NSE: MUFTI. Summary written with AI assistance from the document.

Read the document ↗

Credo Brands Marketing Ltd: key numbers

Share price
₹72.14
Market cap
₹471.8 Cr
Revenue (annual)
₹592.1 Cr
Net profit (annual)
₹47.42 Cr
P/E (TTM)
10.9×Sector 67.6×
Promoter holding
54.99%-0.02% QoQ
FII holding
0.51%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Credo Brands Marketing Ltd

All →
21:55 IST BSE
Management Change

Credo Brands Marketing Management Change

Credo Brands Marketing Limited has re-appointed Mr. Kamal Khushlani as Executive Director for a period of 60 months.

Execution
60 months
21:29 IST NSE
Annual General Meeting

Credo Brands Marketing Annual General Meeting

Credo Brands Marketing Limited concluded its 27th Annual General Meeting held on September 11, 2026. All resolutions were passed by the requisite majority.