Credo Brands Marketing Ltd

Credo Brands Marketing announced that the Board of Directors of the Company at its meeting held on 21 May 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

Net profit of Credo Brands Marketing rose 10.12% to Rs 15.23 crore in the quarter ended March 2026 as against Rs 13.83 crore during the previous quarter ended March 2025. Sales rose 5.93% to Rs 162.30 crore in the quarter ended March 2026 as against Rs 153.21 crore during the previous quarter ended March 2025. For the full year,net profit declined 30.68% to Rs 47.42 crore in the year ended March 2026 as against Rs 68.41 crore during the previous year ended March 2025. Sales declined 4.22% to Rs 592.10 crore in the year ended March 2026 as against Rs 618.18 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales162.30153.21 6 592.10618.18 -4 OPM %25.5726.83 -26.0429.09 - PBDT39.3837.50 5 139.57160.40 -13 PBT20.6018.94 9 65.2091.83 -29 NP15.2313.83 10 47.4268.41 -31 Powered by Capital Market - Live

Credo Brands Marketing will hold a meeting of the Board of Directors of the Company on 21 May 2026.

Net profit of Credo Brands Marketing declined 61.74% to Rs 7.02 crore in the quarter ended December 2025 as against Rs 18.35 crore during the previous quarter ended December 2024. Sales declined 6.04% to Rs 146.13 crore in the quarter ended December 2025 as against Rs 155.52 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales146.13155.52 -6 OPM %22.9330.66 - PBDT30.0842.55 -29 PBT11.0924.49 -55 NP7.0218.35 -62 Powered by Capital Market - Live

Credo Brands Marketing will hold a meeting of the Board of Directors of the Company on 9 February 2026.Powered by Capital Market - Live

Net profit of Credo Brands Marketing declined 28.68% to Rs 18.87 crore in the quarter ended September 2025 as against Rs 26.46 crore during the previous quarter ended September 2024. Sales declined 11.77% to Rs 163.73 crore in the quarter ended September 2025 as against Rs 185.57 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales163.73185.57 -12 OPM %29.3931.06 - PBDT43.6451.85 -16 PBT25.2635.35 -29 NP18.8726.46 -29 Powered by Capital Market - Live

Credo Brands Marketing will hold a meeting of the Board of Directors of the Company on 7 November 2025.Powered by Capital Market - Live

Credo Brands Marketing announced that the 26th Annual General Meeting(AGM) of the company will be held on 22 September 2025.Powered by Capital Market - Live

Solara Active Pharma Sciences Ltd Partly Paidup, Ram Ratna Wires Ltd, Dhanuka Agritech Ltd and Zuari Agro Chemicals Ltd are among the other losers in the BSE's 'B' group today, 01 August 2025.Credo Brands Marketing Ltd tumbled 19.98% to Rs 132.2 at 14:30 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 2.02 lakh shares were traded on the counter so far as against the average daily volumes of 10440 shares in the past one month.Solara Active Pharma Sciences Ltd Partly Paidup lost 19.38% to Rs 360.25. The stock was the second biggest loser in 'B' group.On the BSE, 352 shares were traded on the counter so far as against the average daily volumes of 545 shares in the past one month.Ram Ratna Wires Ltd crashed 12.41% to Rs 679.8. The stock was the third biggest loser in 'B' group.On the BSE, 18684 shares were traded on the counter so far as against the average daily volumes of 4223 shares in the past one month.Dhanuka Agritech Ltd dropped 11.76% to Rs 1688.75. The stock was the fourth biggest loser in 'B' group.On the BSE, 43416 shares were traded on the counter so far as against the average daily volumes of 3770 shares in the past one month.Zuari Agro Chemicals Ltd pared 9.58% to Rs 305.85. The stock was the fifth biggest loser in 'B' group.On the BSE, 10.66 lakh shares were traded on the counter so far as against the average daily volumes of 1.98 lakh shares in the past one month.Powered by Capital Market - Live

Profit before tax (PBT) declined 36.93% YoY to Rs 8.23 crore in Q1 FY26. EBITDA stood at Rs 31 crore in Q1 FY26, registering de-growth of 7% compared with Rs 33.4 crore in Q1 FY25. EBITDA margin contracted 100 bps to 25.9% in Q1 FY26 from 26.9% in Q1 FY25. Mufti added 3 new Exclusive Brand Outlets (EBOs) on a net basis in Q1 FY26, bringing the total store count to 444 as of 30th June 2025. Kamal Khushlani, chairman & MD, Credo Brands Marketing, said, 'During the quarter, revenues remained steady at approximately ₹120 crores, reflecting the continued softness in discretionary spending, particularly across Tier 2 and Tier 3 markets, where consumer sentiment remains muted. We at MUFTI, are entering into a phase of transformation, which is anchored by our vision to position the brand firmly within the premium segment of the Indian apparel market. To make MUFTI's brand transformation visible and experiential for consumers, we have developed an entirely new store design and identity to deliver a shopping experience that enables customers to experience the style and quality of the MUFTI brand. As part of this strategy, we are accelerating the transformation of our retail footprint by opening 20 odd premium flagship stores in FY26, and closing underperforming stores. These flagship stores will open in key high-potential markets, enhancing our presence in premium and luxury malls and high-street locations. This retail network transformation and rationalization will be continued in FY27 also. These efforts are aimed at elevating brand perception, increasing footfalls, and reignite the consumer excitement for brand MUFTI. We are also intensifying our Digital marketing where our strategic partnership with Google and Meta, which initiated last year, is now reaching an inflection point. We are scaling content creation and increasing marketing investments to effectively communicate MUFTI's transformation These investments made by us to position and strengthen the MUFTI brand within the premium fashion segment are deliberate investments to realize full potential of the brand. These decisions have been taken after seeing some early success in relocated premium retail locations and digital engagement activity. We realize that these efforts will impact our cost structures and also lead to an increase in rental costs for premium locations. However, these are strategic investments essential for building long-term brand value, sustaining growth, and enhancing profitability. Advertising and marketing spend as a percentage of revenue to increase to 6'7% in FY26 and to 8-10 % in FY27 because of these initiatives. But we anticipate the benefits of these efforts to begin materializing from FY28 onwards, by which time advertising and marketing spends are expected to stabilize.' Credo Brands Marketing (MUFTI) is a prominent player in the men's casual wear in India. The company offers wide range of product, including shirts to t-shirts to jeans to chinos, catering to all year-round clothing.Powered by Capital Market - Live