Cantabil Retail India Faces Financial Challenges Amidst Long-Term Growth Potential

Jan 28 2025 06:51 PM IST
share
Share Via
Cantabil Retail India, a small-cap textile company, has faced challenges in its recent financial performance, with key metrics showing declines. Despite a healthy long-term growth trajectory, the company’s score has been revised, reflecting its current market standing amid these difficulties.
Cantabil Retail India, a small-cap player in the textile industry, has recently undergone an evaluation adjustment that reflects its current market standing. The company reported negative financial performance for the second quarter of FY24, with key metrics indicating challenges. The return on capital employed (ROCE) for the half-year stood at 14.88%, marking a notable low point, while the operating profit to interest ratio was recorded at 4.08 times, also at its lowest. The profit after tax for the quarter was reported at Rs 6.55 crore, reflecting a decline of 12.7%.

Despite these challenges, Cantabil Retail India has demonstrated a healthy long-term growth trajectory, with operating profit growing at an annual rate of 30.09%. The stock is currently trading at a discount compared to its historical valuations, although domestic mutual funds hold no stake in the company, which may suggest caution regarding its valuation or business outlook.

In light of these developments, the stock has experienced a revision in its score, indicating a shift in its evaluation.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News