The Board at its meeting held today approved Audited Standalone Financial Results for the quarter and year ended March 31, 2026
MUFTI · price
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Credo Brands Marketing (MUFTI), a men's casual wear retailer, reported audited standalone results for FY26. Revenue from operations declined 4.2% year-over-year to ₹5,921.03 million from ₹6,181.80 million. Profit after tax (PAT) fell 30.7% to ₹474.24 million from ₹684.09 million in the previous year. Q4 FY26 showed sequential improvement with PAT of ₹152.30 million vs ₹138.28 million in Q4 FY25. EBITDA margin compressed from approximately 30.1% to 27.6% year-over-year. An exceptional item of ₹13.97 million was recorded due to past service cost from new labour codes (gratuity changes). The Board recommended a dividend of ₹2 per share and re-appointed Chairman Mr. Kamal Khushlani for another five-year term. Statutory auditors issued an unmodified opinion.
The stock may face negative sentiment due to revenue and PAT decline. However, the company's positive cash generation from operations (₹1,323.35 million) and dividend declaration provide some support. Margin compression is a concern for profitability-focused investors.