Credo Brands Marketing Limited (MUFTI) - Net Assets
Based on the latest financial reports, Credo Brands Marketing Limited (MUFTI) has net assets worth Rs4.16 Billion INR (≈ $45.00 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs7.77 Billion ≈ $84.03 Million USD) and total liabilities (Rs3.61 Billion ≈ $39.03 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Credo Brands Marketing Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.16 Billion |
| % of Total Assets | 53.55% |
| Annual Growth Rate | 20.84% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1.24 |
Credo Brands Marketing Limited - Net Assets Trend (2021–2025)
This chart illustrates how Credo Brands Marketing Limited's net assets have evolved over time, based on quarterly financial data. Also explore Credo Brands Marketing Limited total assets for the complete picture of this company's asset base.
Annual Net Assets for Credo Brands Marketing Limited (2021–2025)
The table below shows the annual net assets of Credo Brands Marketing Limited from 2021 to 2025. For live valuation and market cap data, see Credo Brands Marketing Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs4.10 Billion ≈ $44.36 Million |
+20.05% |
| 2024-03-31 | Rs3.42 Billion ≈ $36.95 Million |
+21.44% |
| 2023-03-31 | Rs2.81 Billion ≈ $30.43 Million |
+19.36% |
| 2022-03-31 | Rs2.36 Billion ≈ $25.49 Million |
+22.56% |
| 2021-03-31 | Rs1.92 Billion ≈ $20.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Credo Brands Marketing Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 122.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs3.86 Billion | 94.06% |
| Common Stock | Rs130.62 Million | 3.18% |
| Other Comprehensive Income | Rs14.28 Million | 0.35% |
| Other Components | Rs98.68 Million | 2.41% |
| Total Equity | Rs4.10 Billion | 100.00% |
Credo Brands Marketing Limited Competitors by Market Cap
The table below lists competitors of Credo Brands Marketing Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
POS Malaysia&Services Holdings Bhd
KLSE:4634
|
$55.03 Million |
|
3P Learning Ltd
AU:3PL
|
$55.03 Million |
|
Home Federal Bancorp Louisiana
NASDAQ:HFBL
|
$55.04 Million |
|
Dsr Wire
KO:069730
|
$55.04 Million |
|
American Creek Resources Ltd
V:AMK
|
$54.98 Million |
|
Copenhagen Capital A/S
CO:CPHCAP-ST
|
$54.98 Million |
|
Electra Battery Materials Corp
NASDAQ:ELBM
|
$54.97 Million |
|
Space Com
TA:SCC
|
$54.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Credo Brands Marketing Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,416,690,000 to 4,101,680,000, a change of 684,990,000 (20.0%).
- Net income of 683,710,000 contributed positively to equity growth.
- Dividend payments of 32,479,999 reduced retained earnings.
- Other comprehensive income increased equity by 20,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs683.71 Million | +16.67% |
| Dividends Paid | Rs32.48 Million | -0.79% |
| Other Comprehensive Income | Rs20.00K | +0.0% |
| Other Changes | Rs33.74 Million | +0.82% |
| Total Change | Rs- | 20.05% |
Book Value vs Market Value Analysis
This analysis compares Credo Brands Marketing Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.60x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | Rs29.91 | Rs77.77 | x |
| 2022-03-31 | Rs36.66 | Rs77.77 | x |
| 2023-03-31 | Rs43.75 | Rs77.77 | x |
| 2024-03-31 | Rs53.07 | Rs77.77 | x |
| 2025-03-31 | Rs63.11 | Rs77.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Credo Brands Marketing Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.67%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.95%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.88x
- Recent ROE (16.67%) is above the historical average (15.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 1.79% | 1.41% | 0.59x | 2.17x | Rs-157.92 Million |
| 2022 | 15.16% | 10.48% | 0.72x | 2.02x | Rs121.67 Million |
| 2023 | 27.55% | 15.56% | 0.87x | 2.04x | Rs493.79 Million |
| 2024 | 17.33% | 10.43% | 0.80x | 2.08x | Rs250.31 Million |
| 2025 | 16.67% | 10.95% | 0.81x | 1.88x | Rs273.54 Million |
Industry Comparison
This section compares Credo Brands Marketing Limited's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $3,755,149,637
- Average return on equity (ROE) among peers: 10.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Credo Brands Marketing Limited (MUFTI) | Rs4.16 Billion | 1.79% | 0.87x | $54.98 Million |
| Go Fashion (India) Limited (GOCOLORS) | $2.86 Billion | 18.38% | 0.81x | $164.69 Million |
| Heads UP Ventures Limited (HEADSUP) | $331.48 Million | -8.41% | 0.33x | $1.74 Million |
| Indian Terrain Fashions Limited (INDTERRAIN) | $361.80 Million | 27.31% | 2.89x | $16.51 Million |
| SAI SILKS (KALAMANDIR) LIMITED (KALAMANDIR) | $3.16 Billion | 17.22% | 2.34x | $161.50 Million |
| Metro Brands Limited (METROBRAND) | $6.69 Billion | 23.08% | 0.97x | $3.01 Billion |
| Baazar Style Retail Limited (STYLEBAAZA) | $1.44 Billion | -5.57% | 4.25x | $313.62 Million |
| Suumaya Industries Limited (SUULD) | $246.98 Million | 5.89% | 1.10x | $1.04 Million |
| Trent Limited (TRENT) | $15.96 Billion | 5.45% | 0.46x | $15.93 Billion |
| V2 Retail Limited (V2RETAIL) | $2.74 Billion | 11.35% | 0.42x | $78.34 Million |
About Credo Brands Marketing Limited
Credo Brands Marketing Limited engages in the retail of men's casual wear under the MUFTI brand in India. The company offers athleisure merchandise, shirts, jeans, polos, t-shirts, sweatshirts, sweaters, outerwear, blazers, chinos, and trousers, as well as authentic, relaxed, and urban casuals. It also operates an online shop for its products. The company sells its products through multi-brand an… Read more