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Credo Brands Marketing (Mufti) IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ 549.78 Cr. The company is based in Mumbai and caters to Textiles sector. Keynote Financial Services , Dam Capital Advisors (Formerly Idfc Securities ) , ICICI Securities are the merchant bankers of Credo Brands Marketing (Mufti) IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 13th July 2023.
Credo Brands Marketing (Mufti) IPO posted revenues of ₹ 477.72 crores and PAT of ₹ 34.32 crores in FY24 on annualised basis.
Revenue:
₹ 473.96 Cr.
EBITDA Margin:
25.53
% 
Net Worth: ₹ 289.88 Cr.
Market Capitalisation:
₹ 1800.45 Cr.
P/E:
4.49 times
P/BV: 2.14 times
EV/EBITDA: 14.96 times
Financial results of Credo Brands Marketing (Mufti) IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Jun-23 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 592.37 | 574.48 | 476.04 | 416.99 | |
| Net Worth | 289.88 | 281.35 | 235.72 | 192.33 | |
| Total Debt | 11.29 | 10.07 | 13.46 | 15.22 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
118.49
473.96 |
498.12 | 341.17 | 244.82 | |
EBITDA
EBITDA on annualised basis |
30.25
121.00 |
163.85 | 95.09 | 48.48 | |
PAT
PAT on annualised basis |
8.57
34.28 |
77.51 | 35.74 | 3.44 | |
Credo Brands Marketing (Mufti) IPO PAT Margin is 7.23 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Credo Brands Marketing (Mufti) IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Jun-23 | FY23 | FY22 | FY21 |
|---|---|---|---|---|
| EBITDA Margin (%) | 25.53 | 32.89 | 27.87 | 19.80 |
| PAT Margin (%) | 7.23 | 15.56 | 10.48 | 1.41 |
| EPS (₹) | 1.33 | 12.06 | 5.60 | 0.54 |
| ROE (%) | 2.96 | 27.55 | 15.16 | 1.79 |
| ROCE (%) | [●] | [●] | [●] | [●] |
| ROA (%) | 1.45 | 13.49 | 7.51 | 0.82 |
| Debt to Equity | 0.04 | 0.04 | 0.06 | 0.08 |
The market Capitalisation of Credo Brands Marketing (Mufti) IPO is ₹ 1800.45 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Credo Brands Marketing (Mufti) IPO prospectus highlights an Return on Equity (ROE) of 2.96 % , Return on Assets (ROA) of 1.45 %, and an EBITDA Margin of 25.53 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Credo Brands Marketing (Mufti) IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Credo Brands Marketing (Mufti) IPO is ₹ 1800.45 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Credo Brands Marketing (Mufti) IPO has a Price-to-Earnings (PE) ratio of 4.49 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Credo Brands Marketing (Mufti) IPO reported revenue of ₹ 477.72 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Credo Brands Marketing (Mufti) IPO provide insights into sales growth, market demand, and business scalability.
Credo Brands Marketing (Mufti) recorded an EBITDA of ₹ 121.00 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Credo Brands Marketing (Mufti) Profit After Tax (PAT) is ₹ 34.28 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 473.96 Cr.
EBITDA Margin:
25.53
%
Net Worth: ₹ 289.88 Cr.
Market Capitalisation:
₹ 1800.45 Cr.
P/E:
4.49 times
P/BV: 2.14 times
EV/EBITDA: 14.96 times
Credo Brands Marketing (Mufti) operates in Textiles and Business Of Providing Wardrobe Solutions For Textile For Mufti Brand. The Issue is listed on BSE,NSE in Dec, 2023. Credo Brands Marketing (Mufti) IPO size was 549.78 with Issue price of 280.00 .
Merchant Banker(s) of Credo Brands Marketing (Mufti) IPO: Keynote Financial Services Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , ICICI Securities Limited
Credo Brands Marketing (Mufti) IPO subscription was 51.85 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Credo Brands Marketing (Mufti) IPO listed at a listing price of 312.50 against the offer price of 280.00.
The current market price of Credo Brands Marketing (Mufti) is 168.48.
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