The Captial Market (CapitalMarket.com) rating for Credo Brands Marketing IPO is 42. Their analysis recommends Avoid, However active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	42	Avoid, However active risk seekers can try

Credo Brands Marketing IPO Review by Dilip Davda May apply

[Dilip Davda] The company is operating in a highly competitive segment and has no own manufacturing unit, but deals of third party contract model. After posting robust growth in bottom lines for FY22 and FY23, it marked decline as hinted by Q1-FY24 performance. Based on annualized FY24 earnings, the issue appears fully priced. Well-informed investors may park funds for the medium to long term rewards. Read detail review...

Mufti Menswear IPO Peer Comparison

Credo Brands Marketing Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	Financial statements
Credo Brands Marketing Limited	12.06	12.06	43.75		29.98	Consolidated
Aditya Birla Fashion and Retail Limited	-0.38	-0.38	35.24		-1.18	Consolidated
Go Fashion (India) Limited	15.33	15.33	96.36	88.24	17.27	Consolidated
Arvind Fashions Limited	2.77	2.76	68.48	157.08	4.42	Consolidated
Kewal Kiran Clothing Limited	19.31	19.31	88.76	40.24	23.22	Consolidated

Notes for listed peers:

Basic EPS and Diluted EPS refer to the Basic EPS and Diluted EPS sourced from the financial statements of the respective listed industry peer.
P/E Ratio has been computed based on the closing market price of equity shares on NSE on July 7, 2023 divided by the Diluted EPS provided.
Return on net worth ("RoNW") is computed as total profit/ (loss) for the year attributable to equity shareholders of the parent divided by average net worth (excluding non-controlling interest), as at March 31, 2023.
Net asset value per share is calculated by dividing net worth (excluding non-controlling interest) by number of equity shares outstanding as at March 31, 2023.

Credo Brands Marketing IPO Review by Members

Credo Brands Marketing IPO Reviews, analysis and views by popular members. Read Credo Brands Marketing Ltd. IPO reviews by retail investors to find recommended ipo to buy.

Credo Brands Marketing IPO Review Summary by Members

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Credo Brands Marketing IPO Review & Recommendations

Credo Brands Marketing IPO Review Summary from brokers and analysts

Credo Brands Marketing IPO Capital Market Rating

Credo Brands Marketing IPO Review by Dilip Davda May apply

Mufti Menswear IPO Peer Comparison

Credo Brands Marketing IPO Review by Members

Credo Brands Marketing IPO Review Summary by Members

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