Credo Brands Marketing Ltd

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

Net profit of Credo Brands Marketing declined 35.52% to Rs 6.30 crore in the quarter ended June 2025 as against Rs 9.77 crore during the previous quarter ended June 2024. Sales declined 3.19% to Rs 119.94 crore in the quarter ended June 2025 as against Rs 123.89 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales119.94123.89 -3 OPM %25.8826.94 - PBDT26.4628.48 -7 PBT8.2313.05 -37 NP6.309.77 -36 Powered by Capital Market - Live

Credo Brands Marketing will hold a meeting of the Board of Directors of the Company on 31 July 2025.Powered by Capital Market - Live

Sequentially, the company's net profit fell 24.18% while net sales declined 1.49% in Q4 FY25 over Q3 FY25. Profit before tax (PBT) stood at Rs 18.9 crore in Q4 FY25, up 92% year-on-year. EBITDA for Q4 stood at Rs 41.1 crore, up 33% YoY. The EBITDA margin came in at 26.8%, higher than 23.2% in Q4 FY24. For the full year, net profit rose 15% to Rs 68.4 crore while net sales increased 9% to Rs 618.2 crore in the year ended March 2025 over the year ended March 2024. PBT rose 16% year-on-year to Rs 91.8 crore in FY25 over FY24. EBITDA rose 12% to Rs 179.8 crore in FY25 over FY24. EBITDA margin stood at 29.1% in FY25 as against 28.3% in FY24. The company's net cash from operating activities stood at Rs 165.87 crore in FY25, higher than Rs 56.26 crore in FY24. Mufti added 16 new Exclusive Brand Outlets (EBOs) on a net basis in FY25, bringing the total store count to 441 as of March 31, 2025. This expansion reinforces the brand's focus on strengthening its offline presence, with EBOs accounting for a solid 55% of total sales during the year. While EBOs led the pack, Multi-Brand Outlets (MBOs) contributed 25%, followed by Online sales at 11%. Large Format Stores (LFS) and other channels made up 4% each, underscoring a well-diversified retail presence. In terms of products, the spotlight remained on core categories. Shirts and bottomwear were equally dominant, each comprising 40% of the product mix. T-shirts accounted for 11%, while outerwear and other items contributed 6% and 3%, respectively, indicating a strong focus on essentials. Operationally, Mufti maintained working capital discipline with 184 working capital days at the close of the fiscal year. Credo Brands Marketing (Mufti) is a prominent player in the men's casual wear in India, with our product offerings ranging from shirts to t-shirts to jeans to chinos. The products are available through a pan-India multichannel distribution network. The company is asset-light with respect to the plant, property, and equipment, primarily due to outsourcing of its manufacturing operations. The company comprehensively focuses on the design of products and outsources the manufacturing of products to various manufacturing partners. Powered by Capital Market - Live

Net profit of Credo Brands Marketing rose 95.62% to Rs 13.83 crore in the quarter ended March 2025 as against Rs 7.07 crore during the previous quarter ended March 2024. Sales rose 15.13% to Rs 153.21 crore in the quarter ended March 2025 as against Rs 133.08 crore during the previous quarter ended March 2024. For the full year,net profit rose 15.49% to Rs 68.37 crore in the year ended March 2025 as against Rs 59.20 crore during the previous year ended March 2024. Sales rose 8.96% to Rs 618.18 crore in the year ended March 2025 as against Rs 567.33 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales153.21133.08 15 618.18567.33 9 OPM %26.8423.24 -29.0828.30 - PBDT37.5026.00 44 160.36141.08 14 PBT18.949.89 92 91.7978.89 16 NP13.837.07 96 68.3759.20 15 Powered by Capital Market - Live

Credo Brands Marketing announced that the Board of Directors of the Company at its meeting held on 22 May 2025, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 150%) , subject to the approval of the shareholders.Powered by Capital Market - Live