Multibagger alert: This small-cap apparel company delivered 2.6x returns to its investors in last two years!

Multibagger alert: This small-cap apparel company delivered 2.6x returns to its investors in last two years!

Stock Recommendations
by 5paisa Research Team Last Updated: 2022-08-03T14:32:36+05:30

The company has a network of more than 390 exclusive retail outlets and an employee strength of more than 2700 spread across India.

Cantabil Retail India Ltd, an S&P BSE SmallCap company, has delivered multibagger returns to its shareholders in the last two years. During this period, the company’s share price jumped from Rs 314.40 on 04 August 2020 to Rs 1134.35 on 02 August 2022, an increase of 260% in the two-year holding period. An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 3.6 lakh today.

Cantabil Retail India Ltd is in the business of designing, manufacturing, branding and retailing apparel under the brand names “CANTABIL” and “La FANSO”. The company has a network of more than 390 exclusive retail outlets and an employee strength of more than 2700 spread across India. The CANTABIL brand offers a complete range of formal wear, party wear, casuals and ultracasual clothing for men and women in the middle to high-income group.

In the recent quarter Q4FY22, on a standalone basis, the company’s topline increased by 43.59% YoY to Rs 133.29 crore. However, owing to higher expenses, the bottom line increased by only 11.53% YoY to Rs 8.12 crore.

The company is currently trading at a TTM PE of 48.67x, as against the industry PE of 20.89x. In FY22, the company delivered an ROE & ROCE of 23.77% and 52.21%, respectively.

Today, the scrip opened at Rs 1140.8 and has touched a high and low of Rs 1148.5 and Rs 1123.25, respectively. So far 713 shares have been traded on the bourses.

At 2.24 pm, the shares of Cantabil Retail India Ltd were trading at Rs 1129.65, which is a decrease of 0.41% from the previous day’s closing price of Rs 1134.35 on BSE. The shares of Cantabil Retail India Ltd have a 52-week high and low of Rs 1299 and Rs 346.30 respectively on BSE.

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Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

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