Credo Brands Marketing Limited — Investor Meet, 15-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Credo Brands Marketing's H1 FY'26 revenue declined to INR284 crore, with PAT at INR25 crore, amidst soft demand and temporary supply chain disruptions. Management is implementing "MUFTI 2.0," focusing on a premium retail experience, new flagship stores, and increased marketing investments (targeting 6-7% of sales). Website sales more than doubled. FY'26 is expected to be flattish due to these transformative changes, with growth projected from FY'27 onwards. EBITDA margins are targeted at 27-30%, funded by internal accruals. The company expresses confidence in long-term brand building despite current headwinds.