Credo Brands Marketing Limited (MUFTI) AI Stock Analysis

• Market Cap: ₹7.35B
• Dividend Yield: 2.67%
• Average Volume (3M): 7.74K
• Price to Earnings (P/E): 11.3
• Beta (1Y): 1.66
• Revenue Growth: 7.25%
• EPS Growth: 6.48%
• Country: IN
• Employees: 232
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Apparel - Retail
• EPS (TTM): 0.96
• Shares Outstanding: 65,370,100
• 10 Day Avg. Volume: 3,578
• 30 Day Avg. Volume: 7,736
• PEG Ratio: 0.82
• Price to Book (P/B): 1.97
• Price to Sales (P/S): 1.30
• P/FCF Ratio: 5.59
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: ₹127.00 ▲(13.24% Upside)

Credo Brands Marketing Limited's overall stock score is driven primarily by its strong financial performance, supported by robust revenue and profit growth, stable balance sheet, and healthy cash flows. The valuation is attractive with a low P/E ratio and decent dividend yield. However, technical analysis presents mixed signals, with the stock trading below key moving averages, which tempers the overall score.

Credo Brands Marketing Limited Business Overview & Revenue Model

Company Description

Credo Brands Marketing Limited, commonly known as MUFTI, is a prominent Indian apparel company specializing in casual menswear. Established in 1998, MUFTI focuses on providing fashion-forward clothing including shirts, jeans, t-shirts, and outerwear. The brand is renowned for its innovative designs and high-quality fabrics, catering primarily to young male consumers seeking trendy and comfortable attire.

How the Company Makes Money

Credo Brands Marketing Limited generates revenue primarily through the sale of its apparel products. The company operates a robust retail network, including exclusive brand outlets (EBOs), large format stores, and a presence in multi-brand outlets across India. Additionally, MUFTI sells its products through its online store and various e-commerce platforms, expanding its reach to a wider audience. The company's revenue is significantly bolstered by its strategic partnerships with retail chains and online marketplaces, as well as its continuous investment in marketing and brand-building initiatives to enhance customer engagement and brand loyalty.

Credo Brands Marketing Limited Financial Statement Overview

Summary

Credo Brands Marketing Limited exhibits strong financial health with impressive revenue and profit expansion. The income statement shows robust growth, the balance sheet maintains stability with manageable leverage, and cash flows are strong, supporting ongoing operations and growth initiatives. However, minor concerns regarding increasing liabilities slightly temper the overall score.

Income Statement

Credo Brands Marketing Limited has shown strong growth in its income statement metrics. The Gross Profit Margin is robust, indicating efficient cost management, while the Net Profit Margin has improved, reflecting increased profitability. The Revenue Growth Rate is impressive, showcasing consistent top-line expansion over the years. EBIT and EBITDA margins are healthy, signifying strong operational performance.

Balance Sheet

The balance sheet reflects a stable financial position with a solid Equity Ratio, indicating good asset coverage by equity. The Debt-to-Equity Ratio is reasonable, suggesting manageable leverage. Return on Equity is improving, highlighting efficient use of shareholder funds. However, there is a slight increase in total liabilities, which should be monitored.

Cash Flow

Cash flow analysis reveals strong Free Cash Flow growth, supporting financial flexibility. The Operating Cash Flow to Net Income Ratio is favorable, indicating good cash generation relative to profits. Free Cash Flow to Net Income is healthy, reflecting efficient capital expenditure management. The company has maintained positive cash flows, supporting its growth trajectory.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.17B	6.24B	5.67B	4.98B	3.41B	2.45B
Gross Profit	3.58B	3.60B	3.25B	2.86B	1.94B	1.20B
EBITDA	1.83B	1.86B	1.63B	1.73B	1.07B	637.84M
Net Income	649.12M	683.71M	591.98M	775.14M	357.40M	34.41M
Balance Sheet
Total Assets	0.00	7.69B	7.10B	5.74B	4.76B	4.17B
Cash, Cash Equivalents and Short-Term Investments	453.92M	453.92M	16.64M	81.35M	506.54M	252.48M
Total Debt	0.00	2.37B	2.53B	1.92B	1.54B	1.44B
Total Liabilities	-4.10B	3.59B	3.68B	2.93B	2.40B	2.25B
Stockholders Equity	4.10B	4.10B	3.42B	2.81B	2.36B	1.92B
Cash Flow
Free Cash Flow	0.00	1.45B	203.35M	379.56M	631.51M	897.09M
Operating Cash Flow	0.00	1.66B	562.63M	724.10M	783.82M	956.38M
Investing Cash Flow	0.00	-197.04M	-345.55M	-190.85M	-279.54M	-59.12M
Financing Cash Flow	0.00	-1.03B	-277.68M	-818.71M	-390.36M	-660.92M

Credo Brands Marketing Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 112.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MUFTI, the sentiment is Negative. The current price of 112.15 is below the 20-day moving average (MA) of 112.77, below the 50-day MA of 115.61, and below the 200-day MA of 135.14, indicating a bearish trend. The MACD of -0.98 indicates Negative momentum. The RSI at 45.98 is Neutral, neither overbought nor oversold. The STOCH value of 25.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MUFTI.

Credo Brands Marketing Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MUFTI	73 Outperform	₹7.35B	11.26	―	2.67%	7.25%	6.48%
IRISDOREME	71 Outperform	₹6.19B	24.40	―	―	17.85%	96.96%
MANOMAY	71 Outperform	₹3.83B	20.58	―	―	17.95%	18.40%
BHANDARI	61 Neutral	₹1.09B	13.64	―	0.44%	4.70%	-13.32%
LAL	60 Neutral	₹1.76B	35.51	―	―	3.05%	-29.77%
Sector *	57 Neutral	$3.13B	9.23	-34.32%	3.14%	-25.56%	-353.61%
ZODIACLOTH	42 Neutral	₹2.55B	-6.94	―	―	16.55%	0.63%

Credo Brands Marketing Limited Corporate Events

Credo Brands Announces Key Appointments to Strengthen Governance

Credo Brands Marketing Limited has announced the re-appointment of Mr. Amer Jaleel as an Independent Director for a second term of five years starting November 2, 2025. Additionally, the company has appointed M/s. Siroya and BA Associates as Secretarial Auditors for a five-year period beginning in the financial year 2025-26. These appointments, approved during the company’s 26th Annual General Meeting, are expected to strengthen the company’s governance and operational oversight, potentially enhancing its market positioning and stakeholder confidence.

Credo Brands Announces AGM and E-Voting Details

Credo Brands Marketing Limited has announced the publication of a notice regarding its 26th Annual General Meeting and remote e-voting information in newspapers. This announcement is part of the company’s compliance with regulatory requirements and is intended to inform stakeholders about the upcoming meeting and voting procedures.