Cantabil Retail

₹222.6 21.6 | 10.7%

WEBSITE BSE:533267 NSE : CANTABIL 01 Dec, 16:01

Market Cap ₹1817 Cr.

Stock P/E 28.6

P/B 7.7

Current Price ₹222.6

Book Value ₹ 29.1

Face Value 2

52W High ₹1089

Dividend Yield 0.4%

52W Low ₹ 160.1

Edit Ratio

Cantabil Retail Research see more...

Equity Research: Cantabil Retail India Ltd

Overview Inc. Year: 1989Industry: Textile

Cantabil Retail India Ltd engages in designing, manufacturing, branding, and retailing apparel and apparel add-ons in India. The corporation offers formal and party-wear, casuals, and ultracasual apparel for men, ladies, and kids under the Cantabil, Kaneston, Crozo, and Lil Potatoes manufacturers. It manufactures shirts, denim, trousers, commercial enterprise and party wear suits, T-shirts, woollen jackets, pullovers, shorts, jeggings, kurtis, undergarments, ties, belts, socks, caps, handkerchief, and accessories. As of April 30, 2022, it operated 386 shops. The enterprise was founded in 1989 and is based in New Delhi, India.

Cantabil Retail Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Cantabil Retail Quarterly Results

#(Fig in Cr.)	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023
Net Sales	29	90	132	133	101	116	163	173	112	135
Other Income	7	4	2	2	1	1	1	1	1	1
Total Income	36	94	134	135	102	117	164	174	113	136
Total Expenditure	23	66	84	99	65	85	107	131	77	106
Operating Profit	13	27	50	37	36	32	57	43	36	30
Interest	6	6	6	6	6	6	7	7	7	7
Depreciation	9	11	11	12	12	13	14	13	13	14
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	-2	11	33	18	19	12	36	22	15	9
Provision for Tax	-1	3	9	10	5	3	9	5	3	1
Profit After Tax	-2	8	24	8	14	9	27	17	12	7
Adjustments	0	0	0	0	0	0	0	0	-0	0
Profit After Adjustments	-2	8	24	8	14	9	27	17	12	7
Adjusted Earnings Per Share	-0.2	1	2.9	1	1.7	1.1	3.3	2.1	1.5	0.9

Cantabil Retail Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	114	111	139	155	157	196	289	338	252	383	552	583
Other Income	1	0	0	0	1	1	4	4	17	15	4	4
Total Income	115	111	139	155	157	198	293	342	269	399	556	587
Total Expenditure	140	114	124	139	139	176	259	253	192	272	386	421
Operating Profit	-25	-3	14	16	19	21	34	89	76	127	170	166
Interest	6	5	5	5	6	7	9	21	25	24	28	28
Depreciation	2	2	6	6	8	9	9	44	39	43	53	54
Exceptional Income / Expenses	-1	-0	-1	0	-0	2	0	0	0	0	0	0
Profit Before Tax	-33	-9	3	5	5	8	16	24	12	60	89	82
Provision for Tax	-0	0	-0	0	1	-12	4	8	3	22	22	18
Profit After Tax	-33	-9	3	5	4	20	12	16	10	38	67	63
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-33	-9	3	5	4	20	12	16	10	38	67	63
Adjusted Earnings Per Share	-4	-1.1	0.4	0.6	0.5	2.4	1.5	2	1.2	4.7	8.2	7.8

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	44%	18%	23%	17%
Operating Profit CAGR	34%	24%	52%	0%
PAT CAGR	76%	61%	27%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	1%	45%	54%	51%
ROE Average	35%	23%	19%	8%
ROCE Average	58%	46%	37%	18%

Cantabil Retail Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	79	70	72	77	85	101	114	118	124	160	221
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	0	0	0	4	4	7	4	2	0	0	0
Other Non-Current Liabilities	5	5	5	5	2	-10	-6	205	192	220	233
Total Current Liabilities	39	46	54	49	69	77	99	108	95	117	164
Total Liabilities	124	121	132	136	160	175	212	433	412	497	619
Fixed Assets	15	45	44	55	57	55	60	259	238	297	320
Other Non-Current Assets	31	12	15	9	14	16	18	21	26	24	36
Total Current Assets	78	64	74	72	89	105	134	153	148	176	263
Total Assets	124	121	132	136	160	175	212	433	412	497	619

Cantabil Retail Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	3	4	1	2	1	1	3	3	4	8	3
Cash Flow from Operating Activities	11	6	10	20	10	7	24	62	67	90	75
Cash Flow from Investing Activities	-3	-4	-8	-15	-10	-5	-13	-13	-7	-41	-34
Cash Flow from Financing Activities	-8	-5	-1	-6	-0	-1	-11	-48	-55	-54	-43
Net Cash Inflow / Outflow	1	-3	1	-1	-0	2	-0	1	4	-5	-2
Closing Cash & Cash Equivalent	4	1	2	1	1	3	3	4	8	3	1

Cantabil Retail Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	-4.03	-1.12	0.35	0.62	0.5	2.45	1.53	2.01	1.18	4.66	8.24
CEPS(Rs)	-3.82	-0.92	1.13	1.37	1.48	3.53	2.62	7.43	5.97	9.96	14.67
DPS(Rs)	0	0	0	0	0	0	0	0.2	0.2	0.5	0.9
Book NAV/Share(Rs)	9.66	8.54	8.87	9.49	10.39	12.38	14	14.46	15.19	19.61	27.12
Core EBITDA Margin(%)	-21.38	-2.59	10.33	10.44	11.19	10.12	10.26	25.07	23.58	29.09	30
EBIT Margin(%)	-23.23	-3.89	5.42	6.53	6.52	7.32	8.56	13.23	14.71	21.83	21.29
Pre Tax Margin(%)	-27.91	-8.16	1.86	3.33	2.88	3.87	5.61	7.1	4.87	15.55	16.18
PAT Margin (%)	-27.58	-8.18	2.08	3.26	2.53	10.13	4.33	4.86	3.84	9.93	12.19
Cash Profit Margin (%)	-26.17	-6.78	6.67	7.2	7.48	14.61	7.41	17.93	19.36	21.23	21.7
ROA(%)	-22.26	-7.45	2.29	3.79	2.75	11.92	6.46	5.09	2.29	8.38	12.06
ROE(%)	-34.5	-12.25	4.07	6.76	5.01	21.5	11.61	14.14	7.98	26.79	35.25
ROCE(%)	-21.49	-4.1	7.23	9.26	8.89	10.64	16.34	28.69	25.18	56.07	58.02
Receivable days	59.28	47.09	30.27	23.19	21.89	18.79	18.31	12.4	6.09	3.63	4.39
Inventory Days	199.91	146.69	138.94	137.76	149.1	142.85	112.55	121.44	182.34	128.8	120.69
Payable days	36.42	65.47	111.4	90.7	153.41	140.81	100.87	134.27	160.32	127.41	122.66
PER(x)	0	0	28.52	22.29	30.75	9.44	38	19.98	63.89	39.41	20.15
Price/Book(x)	0.37	0.4	1.14	1.46	1.47	1.87	4.16	2.78	4.98	9.37	6.12
Dividend Yield(%)	0	0	0	0	0	0	0	0.5	0.26	0.27	0.54
EV/Net Sales(x)	0.5	0.52	0.83	0.94	1.05	1.18	1.78	1.07	2.48	3.91	2.5
EV/Core EBITDA(x)	-2.29	-21.3	7.99	9.01	8.84	10.83	15.3	4.07	8.19	11.79	8.1
Net Sales Growth(%)	-28.33	-2.72	24.64	11.96	0.94	25.18	47.08	17.15	-25.48	52.14	43.96
EBIT Growth(%)	-63.88	84.36	273.76	34.91	3.48	37.4	71.25	80.96	-17.14	125.82	40.35
PAT Growth(%)	-29.09	72.31	131.75	75.36	-19.76	391.34	-37.46	31.44	-41.18	293.79	76.68
EPS Growth(%)	-29.09	72.31	131.75	75.36	-19.76	391.35	-37.46	31.44	-41.18	293.79	76.68
Debt/Equity(x)	0.4	0.44	0.49	0.44	0.47	0.45	0.36	0.32	0.12	0	0.11
Current Ratio(x)	1.98	1.38	1.36	1.47	1.29	1.36	1.35	1.43	1.56	1.5	1.6
Quick Ratio(x)	0.89	0.38	0.27	0.28	0.23	0.31	0.37	0.23	0.26	0.25	0.27
Interest Cover(x)	-4.96	-0.91	1.52	2.04	1.79	2.12	2.9	2.16	1.49	3.47	4.17
Total Debt/Mcap(x)	1.08	1.11	0.43	0.3	0.32	0.24	0.09	0.12	0.02	0	0.02

Cantabil Retail Shareholding Pattern

#	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023
Promoter	74.7	74.7	74.81	74.88	74.9	74.91	74.97	74.97	74.97	74.97
FII	0.03	0	0	0.06	0.02	0.09	0	0	0	0.03
DII	0	0	0	0	0	0	0	0	0	0
Public	25.27	25.3	25.19	25.06	25.08	25	25.03	25.03	25.03	25
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023
Promoter	1.22	1.22	1.22	1.22	1.22	1.22	1.22	1.22	1.22	1.22
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.41	0.41	0.41	0.41	0.41	0.41	0.41	0.41	0.41	0.41
Others	0	0	0	0	0	0	0	0	0	0
Total	1.63	1.63	1.63	1.63	1.63	1.63	1.63	1.63	1.63	1.63

Pros

Company has delivered good profit growth of 27% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 23%
Debtor days have improved from 127.41 to 122.66days.
Company is almost debt free.

Cons

Stock is trading at 7.7 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.