Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Credo Brands Marketing Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 133 | 118 | 166 | 150 | 133 | 124 | 186 | 156 | 153 | 120 | 164 | 146 | 162 |
| Expenses + | 94 | 88 | 109 | 108 | 102 | 90 | 128 | 108 | 112 | 89 | 116 | 113 | 121 |
| Operating Profit | 39 | 30 | 57 | 43 | 31 | 33 | 58 | 48 | 41 | 31 | 48 | 34 | 42 |
| OPM % | 29% | 26% | 34% | 28% | 23% | 27% | 31% | 31% | 27% | 26% | 29% | 23% | 26% |
| Other Income + | 10 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 4 |
| Interest | 5 | 5 | 6 | 7 | 6 | 6 | 6 | 7 | 6 | 6 | 6 | 7 | 6 |
| Depreciation | 14 | 15 | 15 | 16 | 16 | 15 | 16 | 18 | 19 | 18 | 18 | 19 | 19 |
| Profit before tax | 29 | 11 | 37 | 21 | 10 | 13 | 35 | 24 | 19 | 8 | 25 | 10 | 21 |
| Tax % | 25% | 24% | 24% | 25% | 29% | 25% | 25% | 25% | 27% | 23% | 25% | 28% | 26% |
| Net Profit + | 22 | 9 | 28 | 16 | 7 | 10 | 26 | 18 | 14 | 6 | 19 | 7 | 15 |
| EPS in Rs | 67.12 | 1.33 | 4.35 | 2.42 | 1.09 | 1.51 | 4.07 | 2.81 | 2.12 | 0.96 | 2.89 | 1.07 | 2.33 |
Financials of Credo Brands Marketing Ltd
Annual income statement trend
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 395 | 450 | 293 | 341 | 498 | 567 | 618 | 592 |
| Expenses + | 358 | 405 | 264 | 247 | 336 | 406 | 437 | 438 |
| Operating Profit | 37 | 45 | 29 | 94 | 162 | 161 | 181 | 154 |
| OPM % | 9% | 10% | 10% | 27% | 33% | 28% | 29% | 26% |
| Other Income + | 1 | 1 | 1 | 13 | 13 | 4 | 5 | 9 |
| Interest | 2 | 7 | 5 | 15 | 18 | 24 | 25 | 25 |
| Depreciation | 11 | 13 | 13 | 46 | 53 | 62 | 69 | 74 |
| Profit before tax | 25 | 26 | 12 | 46 | 104 | 79 | 92 | 64 |
| Tax % | 32% | 41% | 23% | 26% | 25% | 25% | 26% | 26% |
| Net Profit + | 17 | 15 | 9 | 34 | 77 | 59 | 68 | 47 |
| EPS in Rs | 53.76 | 48.46 | 29.01 | 105.73 | 240.89 | 9.17 | 10.47 | 7.25 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 5% | 29% | 0% |
Financials of Credo Brands Marketing Ltd
Capital structure and asset base
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 13 | 13 | 13 |
| Reserves | 187 | 185 | 195 | 233 | 278 | 329 | 397 | 426 |
| Borrowings + | 33 | 43 | 15 | 154 | 192 | 253 | 237 | 228 |
| Other Liabilities + | 54 | 66 | 79 | 86 | 101 | 115 | 122 | 135 |
| Total Liabilities | 277 | 297 | 292 | 476 | 574 | 710 | 769 | 802 |
| Fixed Assets + | 44 | 47 | 41 | 179 | 237 | 281 | 291 | 276 |
| CWIP | 5 | 1 | 0 | 1 | 0 | 1 | 1 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 228 | 249 | 251 | 296 | 338 | 428 | 478 | 525 |
| Total Assets | 277 | 297 | 292 | 476 | 574 | 710 | 769 | 802 |
Financials of Credo Brands Marketing Ltd
Operating, investing and financing cash movement
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 7 | 25 | 61 | 78 | 75 | 56 | 159 | 132 |
| Cash from Investing Activity + | -19 | -14 | -7 | -28 | -21 | -35 | -20 | -35 |
| Cash from Financing Activity + | 12 | -11 | -31 | -39 | -82 | -28 | -96 | -90 |
| Net Cash Flow | -0 | -0 | 24 | 11 | -28 | -6 | 44 | 7 |
| Free Cash Flow | -12 | 8 | 54 | 63 | 40 | 21 | 138 | 113 |
| CFO/OP | 53% | 65% | 222% | 105% | 65% | 50% | 102% | 98% |
Financials of Credo Brands Marketing Ltd
Working capital efficiency and return ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 106 | 116 | 152 | 132 | 101 | 137 | 141 | 146 |
| Inventory Days | 142 | 114 | 175 | 163 | 195 | 189 | 141 | 163 |
| Days Payable | 41 | 43 | 103 | 91 | 73 | 33 | 35 | 40 |
| Cash Conversion Cycle | 208 | 186 | 224 | 204 | 223 | 293 | 246 | 269 |
| Working Capital Days | 117 | 117 | 167 | 125 | 134 | 145 | 150 | 146 |
| ROCE % | 15% | 8% | 20% | 28% | 19% | 19% | 14% |