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Credo Brands Marketing Limited (MUFTI) AI Stock Analysis

2 Followers
IN:MUFTI

Credo Brands Marketing Limited

(NSE:MUFTI)

Select Model
Rating:72Outperform
Price Target:INR 84.00â–²(9.30% Upside)
Action:upgraded
Date:11/04/26

Strong financial performance with revenue expansion and balance sheet stability is the leading factor. Moderate technical momentum and attractive low P/E valuation provide additional support.

Positive Factors
Strong Free Cash FlowThe sharp improvement in free cash flow provides internal funding for operations, inventory, and expansion without relying as heavily on external capital. Operating cash flow near reported profits also supports the quality of current earnings and strengthens financial resilience over the next several quarters.
Negative Factors
Sharp Revenue DeclineA revenue contraction of this scale is a material challenge for a branded apparel retailer because it reduces operating leverage and can weaken the foundation for future profit growth. Sustained sales recovery will be important to restore the company’s medium-term growth trajectory.

Credo Brands Marketing Limited (MUFTI) vs. iShares MSCI India ETF (INDA)

-40%-30%-20%-10%0%10%IN:MUFTI-20.45%INDA-5.86%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
INR 5.04B
Dividend Yield
2.60%
Average Volume (3M)
8,822
Price to Earnings (P/E)
9.7
Beta (1Y)
1.54
Revenue Growth
5.17%
EPS Growth
-9.78%
Country
India
Employees
245
Sector
General
Sector Strength
55
Industry
Apparel - Retail

Credo Brands Marketing Limited Business Overview & Revenue Model

Company Description

Throughout India, Credo Brands Marketing Ltd. functions as a retailer of men's casual apparel, best recognized for its MUFTI brand. Their comprehensive collection includes a wide array of topwear, bottomwear, and outerwear pieces, such as shirts, t-s...

How the Company Makes Money

Credo Brands Marketing Limited makes money mainly by selling MUFTI-branded apparel and related products to end consumers and to trade partners. Key revenue streams typically include: (1) Direct-to-consumer retail sales through company-operated physic...

Credo Brands Marketing Limited Financial Statement Overview

Summary

Solid financial health with strong revenue growth to 6.24 billion, improving debt-to-equity to 0.52, and positive cash flows, though offset by 2026 revenue dip and cash flow volatility.

Income Statement

72Positive

Balance Sheet

78Positive

Cash Flow

68Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue6.23B5.92B6.24B5.67B4.98B3.41B
Gross Profit2.81B2.36B3.60B3.25B2.86B1.94B
EBITDA1.67B1.64B1.86B1.63B1.73B1.07B
Net Income517.81M474.24M683.71M591.98M775.14M357.40M
Balance Sheet
Total Assets8.18B8.02B7.69B7.10B5.74B4.76B
Cash, Cash Equivalents and Short-Term Investments179.47M726.08M453.92M16.64M81.35M506.54M
Total Debt2.18B2.28B2.37B2.53B1.92B1.54B
Total Liabilities3.62B3.63B3.59B3.68B2.93B2.40B
Stockholders Equity4.55B4.39B4.10B3.42B2.81B2.36B
Cash Flow
Free Cash Flow01.13B1.45B203.35M379.56M631.51M
Operating Cash Flow01.33B1.66B562.63M724.10M783.82M
Investing Cash Flow0-382.87M-197.04M-345.55M-190.85M-279.54M
Financing Cash Flow0-870.79M-1.03B-277.68M-818.71M-390.36M

Credo Brands Marketing Limited Technical Analysis

Technical Analysis SentimentPositive
Last Price76.85

Price Trends

50DMA71.93Positive
100DMA76.57Positive
200DMA78.86Negative

Market Momentum

MACD2.44Negative
RSI56.82Neutral
STOCH65.10Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MUFTI, the sentiment is Positive. The current price of 76.85 is above the 20-day moving average (MA) of 72.14, above the 50-day MA of 71.93, and below the 200-day MA of 78.86, indicating a neutral trend. The MACD of 2.44 indicates Negative momentum. The RSI at 56.82 is Neutral, neither overbought nor oversold. The STOCH value of 65.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MUFTI.

Credo Brands Marketing Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:MUFTI against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:MANYAVARIN:MANYAVAR75OutperformINR 120.70B29.82―1.63%2.73%0.14%
IN:TRENTIN:TRENT72OutperformINR 1.70T71.76―0.19%18.45%16.89%
IN:MUFTIIN:MUFTI72OutperformINR 5.22B9.72―2.60%5.17%-9.78%
IN:STYLEBAAZAIN:STYLEBAAZA65NeutralINR 33.84B74.52――34.89%174.22%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
IN:V2RETAILIN:V2RETAIL55NeutralINR 67.90B32.37――49.32%76.01%
IN:ABLBLIN:ABLBL53NeutralINR 97.76B46.03―0.64%――

* General Sector Average

Performance Comparison

-50%-25%0%25%50%IN:MUFTIIN:MANYAVARIN:STYLEBAAZAIN:TRENTIN:V2RETAILIN:ABLBLDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
IN:MUFTI and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:MUFTICredo Brands Marketing Limited76.85-22.43-22.60%
IN:MANYAVARVedant Fashions Limited474.80-142.30-23.06%
IN:STYLEBAAZABaazar Style Retail Limited468.55162.6053.15%
IN:TRENTTrent Limited3160.00224.607.65%
IN:V2RETAILV2 Retail Limited164.90-74.69-31.17%
IN:ABLBLAditya Birla Lifestyle Brands Limited78.28-59.44-43.16%

Credo Brands Marketing Limited Corporate Events

Credo Brands Files SEBI Demat Compliance Certificate for September Quarter

Oct 7, 2026

Credo Brands Marketing Limited has submitted to both BSE and NSE a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026, as issued by its registrar and tr...

Credo Brands Extends Kamal Khushlani’s Tenure as Chairman & MD

Sep 11, 2026

Credo Brands Marketing Limited has announced that shareholders approved the re-appointment of promoter Kamal Khushlani as Chairman and Managing Director for a further five-year term, effective from March 8, 2027 to March 7, 2032. The decision, endors...

Credo Brands’ AGM Clears FY26 Accounts, Dividend and Leadership Reappointments

Sep 11, 2026

Credo Brands Marketing Limited held its 27th Annual General Meeting on September 11, 2026 via video conferencing in compliance with corporate governance regulations. The meeting confirmed that requisite quorum and remote/during-AGM e-voting facilitie...

Credo Brands Unveils Investor Presentation on Q1 FY27 Unaudited Results

Aug 11, 2026

Credo Brands Marketing Limited has released an investor presentation detailing its unaudited financial results for the quarter ended June 30, 2026, and has made the document available on its website and to stock exchanges. The presentation underpins...

MUFTI Posts Modest Q1 Revenue Growth Amid Margin Pressure, Accelerates Premium Push

Aug 11, 2026

Credo Brands Marketing Limited (MUFTI) reported unaudited results for the quarter ended 30 June 2026, posting a 5% year-on-year rise in total revenue to Rs 125.3 crore, with gross profit up 5% and gross margins steady at 61.6%. Profitability weakened...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 04, 2026