"Cantabil Retail India Ltd. eyeing Rs 1000 crore revenue with an increased focus on Tier II, Tier III markets"
Dalal Street Investment Journal|February 27, 2023
Cantabil Retail India Ltd., a retail giant, is on a growth trajectory, with its current store count reaching 441, spread across India. The company is opening 6 7 stores every month. Cantabil recorded a compounded annual growth rate CAGR) of around 25 percent for the last five years. The company reported 380 Cr. of revenue for 9M FY 23, with PAT increasing by 67% year on year. Revenue is expected to grow 40-45 percent in FY23 compared to last year.
"Cantabil Retail India Ltd. eyeing Rs 1000 crore revenue with an increased focus on Tier II, Tier III markets"

-Brand Journey Brand

"Cantabil" has more than Two decade long success story in the Mid-Premium Segment. It is renowned for offering affordable readymade garments of the highest quality. Cantabil's USP is distinctive and wonderfully comfy clothing that offers the newest trends and lifestyle for smart men, women, working professionals, and kids of today. Our selection includes everything from sophisticated formal wear and party outfits to casual and ultra-casual clothing.

Our primary target market is middle-class consumers looking for premium outfits. At Cantabil, design is seen as a process that is closely related to the choice made by the customer. Among peers, we are a rare brand that caters to all three segments and offers a diverse range of products under one roof, making it family wear.

-Growth rate and business strategy

Our company's financial results have shown consistent growth of 25% CAGR (barring COVID-19 impact) and clocked revenue of INR 380 Cr. in 9M FY 23 and targeting to achieve a growth of 40-45% as compared to FY 22.

In the past three years, we have added to more than 160 outlets, thanks to solid financial viability; all investments have been done using internal accruals only, which has prevented debt accumulation. We are continuously opening 6-7 stores every month and plan to continue with the same in line with our expansion strategy to reach to 1,000 Cr. revenue in the next few years. We have a total of 441 stores as of now, of which 70% are COCO (Company owned & Company operated) stores and the remaining 30% are franchise stores.

この記事は Dalal Street Investment Journal の February 27, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Dalal Street Investment Journal の February 27, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

DALAL STREET INVESTMENT JOURNALのその他の記事すべて表示
How To Invest In An Ageing Bull Market
Dalal Street Investment Journal

How To Invest In An Ageing Bull Market

Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.

time-read
5 分  |
July 29, 2024
Should You Entrust All Your Money To A Single AMC?
Dalal Street Investment Journal

Should You Entrust All Your Money To A Single AMC?

If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario

time-read
7 分  |
July 29, 2024
Wild Swings Engulf Global Equities
Dalal Street Investment Journal

Wild Swings Engulf Global Equities

U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.

time-read
2 分  |
July 29, 2024
U.S. Elections and China's Economy Hamper Commodities
Dalal Street Investment Journal

U.S. Elections and China's Economy Hamper Commodities

Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.

time-read
2 分  |
July 29, 2024
Wealth Building For Retirement Through Mutual Funds
Dalal Street Investment Journal

Wealth Building For Retirement Through Mutual Funds

Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.

time-read
3 分  |
July 29, 2024
Mastering Investment with Information Ratio
Dalal Street Investment Journal

Mastering Investment with Information Ratio

Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool

time-read
6 分  |
July 29, 2024
Plan To Be Financially Independent
Dalal Street Investment Journal

Plan To Be Financially Independent

Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.

time-read
2 分  |
July 29, 2024
❝Technology is the new game-changer"
Dalal Street Investment Journal

❝Technology is the new game-changer"

With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company

time-read
5 分  |
July 29, 2024
What If Donald Trumps?
Dalal Street Investment Journal

What If Donald Trumps?

The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store

time-read
6 分  |
July 29, 2024
Sectoral Gains Make A Mark
Dalal Street Investment Journal

Sectoral Gains Make A Mark

Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures

time-read
2 分  |
July 29, 2024