Cantabil Retail, specializing in designing, manufacturing, branding, and retailing apparels, has experienced a remarkable 4,000% increase in its stock value over the past decade. An investor who put Rs 10,000 into the stock ten years ago would see that investment grow to Rs 4 lakh today, based on an analysis. However, the stock’s performance has been lackluster recently, with a -1% return over the past year and a modest 3% rise in the last six months.
Cantabil Retail operates over 500 exclusive retail outlets and employs more than 3,700 people across India. The company began its garments manufacturing and retailing business in 2000, opening its first Cantabil store in September of that year in New Delhi.
According to exchange records, promoters hold a majority stake of 73.28% in the company, with public shareholders owning 26.7%. Among the public shareholders, foreign investors hold a 4.46% stake, while mutual funds have no stake.
In the March 2024 quarter, Cantabil Retail reported a 12% increase in revenue from operations, reaching Rs 194 crore. EBITDA rose slightly to Rs 43.9 crore, and PAT for Q4FY24 was Rs 18.3 crore, up from Rs 17 crore in Q4FY23.
