Cantabil Retail India Share Phenomenon: High Growth, Profit, and ROE
Cantabil Retail India Ltd: A Promising Investment Opportunity
Explore the investment potential of Cantabil Retail India Ltd, a leading apparel manufacturer in India with strong growth, high ROE, and impressive sales and profit figures
Table of Contents
- Introduction
- About the Company
- Promoters Holding
- Growth and ROE
- Sales and Profit
- Share Performance
- Conclusion
- Disclaimer
Introduction
Cantabil Retail India Ltd, a leading apparel manufacturer and retail discount outlet company based in New Delhi, has been making waves in the Indian stock market. With a promoter holding of over 65%, a growing reserve, and an impressive Return on Equity (ROE) of over 18% CAGR in the last 5 years, it's a company that's caught the eye of many investors.
About the Company
Cantabil Retail India Ltd is in the business of apparel manufacturing. It designs and manufactures apparel under the brand name of Cantabil, catering to the middle to high-income group. The company has a network of over 500 exclusive retail outlets and a strong employee base spread across India.
Promoters Holding
The company is majority-owned by promoters, holding 74.97% of the shares. This high promoter holding is often seen as a sign of confidence in the company's prospects.
Growth and ROE
Cantabil Retail India Ltd has demonstrated robust growth in recent years. The company's annual revenue growth of 39.53% has outperformed its 3-year Compound Annual Growth Rate (CAGR) of 17.38%. Moreover, the company has delivered an ROE of 30.37% in the year ending 31 Mar, 2023, outperforming its 5-year average of 19.5%.
Sales and Profit
The company has also shown strong sales and profit figures. With a sales and profit growth of over 18% CAGR in the last 5 years, Cantabil Retail India Ltd has proven its ability to generate profits and create value for its shareholders.
Share Performance
The share performance of Cantabil Retail India Ltd has been impressive. The company's shares gained nearly 3% on Friday, January 19, 2024, after the announcement of its Board's approval to issue a total of 20 lakh equity shares to Think India Opportunities Fund. The shares were priced at ₹252 per piece on a preferential basis.
Conclusion
In conclusion, Cantabil Retail India Ltd presents a promising investment opportunity. With strong growth, high ROE, and impressive sales and profit figures, the company has demonstrated its potential to provide good returns to its shareholders.
Disclaimer
This blog post is for informational purposes only and should not be taken as investment advice. Always do your own research and consider your financial circumstances before making any investment decisions.
Keywords: Cantabil Retail India Ltd, Stock Market, Investment, ROE, Sales, Profit, Growth, Promoters Holding, Share Performance
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