C P S Shapers Ltd. (CPS) Price & Analysis

CPS Shapers Ltd. is an Indian apparel manufacturing company primarily engaged in the production and sale of shapewear and innerwear for both men and women. The company operates predominantly under its brand, Dermawear, and also utilizes the brand YDIS (Your Dress Is Shapewear). Its product portfolio includes a diverse range of shapewear items such as V-Shapers, Saree Shapewear, Active Pants, ShapeX Denim, Mini Shapers, Sports Bras, Corsets, Tummy Reducers, and Slimmers. These products are developed with R&D, utilizing compression garment fabrics like blends of cotton, polyester, and spandex, often featuring double and triple layering for graduated compression. CPS Shapers targets consumers in India, with products designed to suit local body types, climate, and attire, and also exports to countries including Canada, Germany, Australia, the United Kingdom, and the United States of America. Distribution occurs through both e-retail and offline channels, with a retail presence across more than 6,000 outlets and a widespread distributor network in India. The company also engages in contract manufacturing for other retailers, such as a recent partnership with Baazar Retail Private Limited to strengthen its presence in the organized retail segment.