Dashboard/MUFTI

MUFTI

UNDERVALUED

Credo Brands Marketing Limited

Others · NSE

↑ 76.8% vs fair value

52W Low

₹63

+15.6% from low

52W High

₹189

-61.4% from high

News sentiment (2 articles)

0 bull0 neutral2 bear

✦

Analyst Note

2d ago

Mufti (CREDO Brands) is trading at ₹72.89, significantly undervalued with a 78.3% margin of safety to its fair value of ₹315.13, backed by high confidence. The stock boasts strong fundamentals including a low PE of 9.7x, improving ROCE of 17.6%, solid ROE of 16.4%, and healthy free cash flow of ₹145 Cr, though recent earnings have contracted 61.9% year-on-year amid a 6% revenue decline. Sentiment remains persistently bearish across both 7-day and 30-day periods, while the stock trades near its 52-week low, presenting a potential recovery play for value-focused investors comfortable with near-term headwinds.

Valuation Gauge

UNDERVALUED+76.8% Margin of Safety

OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹73

Fair Value

₹314

Fair Value Analysis

₹314

Based on free cash flow projections and balance sheet strength analysis and earnings growth potential for Others sector companies | Sector-cheap: P/E at 13th percentile vs sector peers. | ROCE improving (latest 28.0%) — capital allocation becoming more efficient.

High confidence

Cash Flow Analysis

33% weight

₹467

Balance Sheet Value

33% weight

₹121

Growth Valuation

33% weight

₹355

Price vs Market

MUFTI

Nifty 50

Shareholding Pattern

Stock Health Score

Financially Strong

9.9 / 10

Profitability

10/10

ROE of 16.4% is above the Others sector benchmark of 15% — strong returns

Debt & Leverage

10/10

D/E ratio of 0.6x is well within the Others sector norm of 0.8x — strong balance sheet

Valuation vs Peers

10/10

P/E of 6.9x trades at a 83% discount to Others sector median (40x) — attractively valued

Cash Flow

10/10

FCF margin of 23.4% — exceptional cash generation (₹145 Cr)

Earnings Growth

10/10

5yr EPS CAGR of 24.1% is well above the Others sector average of 12.0% — strong growth

Dividend

9/10

Dividend yield of 4.2% provides strong shareholder returns (benchmark: 1.5%)

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

29.3%

Free cash flow / market cap

Revenue Growth (YoY)

+7.4%

Year-on-year revenue change

Profit Growth (YoY)

-28.1%

Year-on-year PAT change

Operating Cash Flow

₹159 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹10.4

P/E Ratio

6.9x

P/B Ratio

1.2x

ROE

16.5%

ROCE

17.6%

Debt / Equity

0.58x

Beta

0.75

Div Yield

4.1%

FCF (Cr)

₹145 Cr

Revenue (Cr)

₹618 Cr

EPS Growth 5Y

24.1%

Mkt Cap (Cr)

₹473 Cr

52W High

₹189

52W Low

₹63.1

Book Value/Share

₹62.1

Financial History

Period	Revenue	Op Profit	OPM%	PAT	EPS
2025-03-31	₹618 Cr	₹181 Cr	29.0%	₹68 Cr	₹10.47
2024-03-31	₹567 Cr	₹161 Cr	28.0%	₹59 Cr	₹9.18
2023-03-31	₹498 Cr	₹164 Cr	33.0%	₹78 Cr	₹241.08
2022-03-31	₹341 Cr	₹96 Cr	28.0%	₹36 Cr	₹111.97
2021-03-31	₹245 Cr	₹50 Cr	20.0%	₹3 Cr	₹10.78

Compounded Growth Rates

Sales Growth

3Y+21.9%

5Y—

10Y—

Profit Growth

3Y+23.6%

5Y—

10Y—

EPS Growth

3Y-54.6%

5Y—

10Y—

Peer Comparison

Others

Stock	Price	Fair Value	MoS%	P/E	ROE	Signal
STARPAPER Star Paper Mills Limited	₹132	₹657.4	+79.9%	5.1	44.2%	UNDERVALUED
MUFTI Credo Brands Marketing Limited	₹72.9	₹314.3	+76.8%	10.2	16.4%	UNDERVALUED
HEADSUP Heads UP Ventures Limited	₹7	₹28.8	+75.7%	3.7	—	UNDERVALUED
JINDRILL Jindal Drilling And Industries Limited	₹485.4	₹1,838.1	+73.6%	5.9	13.3%	UNDERVALUED
SHANTIGOLD Shanti Gold International Limited	₹174	₹628	+72.3%	9.5	23.6%	UNDERVALUED
SHANKARA Shankara Building Products Limited	₹120.9	₹417.1	+71.0%	3.8	15.9%	UNDERVALUED
KSOLVES Ksolves India Limited	₹289	₹944.6	+69.4%	22.2	114.6%	UNDERVALUED
SEDEMAC SEDEMAC Mechatronics Limited	₹1,672.5	₹5,216	+67.9%	142.9	20.2%	UNDERVALUED