Credo Brands Marketing Limited (MUFTI) — Financial Results | 11 August 2026 (2 announcements)

Credo Brands Marketing Limited reported Q1 FY27 revenue of ₹125.3 crores, up 5% YoY, with gross profit at ₹77.2 crores (61.6% margin). EBITDA declined 14% YoY to ₹26.6 crores due to elevated marketing spend of 8.5% of revenue, while PAT fell 63% YoY to ₹2.3 crores. The company maintained store network at 427 EBOs but closed 7 underperforming locations, focusing on premium store upgrades and digital channel growth. Marketing investment aligns with FY27 guidance of 8-10% of revenue. Gross margin remained stable above 57% despite soft discretionary demand, supported by inventory risk management and franchisee partnerships. PAT margin compressed to 1.8% from 5.3% YoY.

Credo Brands Marketing Limited reported Q1 FY27 revenue of ₹125.31 crore, up 5% YoY from ₹119.95 crore, with gross profit at ₹77.27 crore and gross margin of 61.6%. EBITDA declined 14% YoY to ₹26.63 crore, and PAT fell 63% to ₹2.36 crore. The company highlighted ongoing MUFTI 2.0 store transformations, premium store openings, and digital marketing investments, while noting cautious near-term demand due to macro uncertainty.