Cantabil Retail India revenue surged on 25.0% in 2015
25-05-2015 • About Cantabil Retail India (
$CANTABIL) • By InTwits
Cantabil Retail India reported FY2015 financial results today. Overall the company's long term financial model is characterised by the following facts: Cantabil Retail India spends a lot for Stock Based Compensation (SBC): average SBC/Revenue for FY2011-FY2015 is 0.0%. Average EBITDA Margin for the same period was -0.4%0.
Below you can find a comprehensive analysis of the key data driving the company's performance and stock price.
Cantabil Retail India ($CANTABIL) key annual financial indicators
| mln. INR | 2011 | 2012 | 2013 | 2014 | 2015 | 2015/2014 |
|---|
P&L
|
|---|
| Revenue | 1,860 | 1,644 | 1,144 | 1,107 | 1,383 | 25.0% |
| EBITDA | 257 | -171 | -255 | | 143 | |
| Net Income | 124 | -255 | -329 | -91 | 29 | |
Balance Sheet
|
|---|
| Cash | 21 | 27 | 37 | | | |
| Short Term Debt | 540 | 346 | 309 | | | |
| Long Term Debt | 15 | 8 | 0 | | | |
Cash flow
|
|---|
| Capex | 79 | | 132 | | | |
Ratios
|
|---|
| Revenue growth | 18.4% | -11.6% | -30.4% | -3.3% | 25.0% | |
| EBITDA growth | -16.2% | -166.5% | 49.1% | | | |
| EBITDA Margin | 13.8% | -10.4% | -22.3% | 0.0% | 10.4% | 10.4% |
| Net Income Margin | 6.7% | -15.5% | -28.7% | -8.2% | 2.1% | 10.3% |
| CAPEX, % of revenue | 4.3% | | 11.5% | | | 0.0% |
| ROIC | 16.4% | -11.9% | -21.5% | | | 0.0% |
| ROE | 14.8% | -20.5% | -34.5% | | | 0.0% |
| Net Debt/EBITDA | 2.1x | | | | 0.0x | 0.0x |
Revenue and profitability
The company's Revenue jumped on 25.0% in FY2015.
Net Income marign jumped on 10.3 pp from -8.2% to 2.1% in FY2015.
Appendix 1: Peers in Other Apparels & Accessories
Below we provide Cantabil Retail India benchmarking against other companies in Other Apparels & Accessories industry for the last 5 years. We show data for the top-5 companies by key financial metric together with the median value for all the companies in the industry.
Top companies by Revenue growth, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Mini Diamonds (India) ($MINID) | -85.8% | 35.0% | 59.6% | 117.1% | |
| Page Industries ($PAGEIND) | -73.3% | 39.0% | 26.3% | 37.5% | |
| Bhartiya International ($BIL) | | 28.4% | 20.9% | 36.7% | 34.7% |
| Celebrity Fashions ($CELEBRITY) | | 1.0% | -8.6% | 35.2% | -21.7% |
| Super Tannery ($SUPTANERY) | -30.0% | -1.4% | 0.3% | 34.6% | |
| |
|---|
| Median (23 companies) | -23.9% | 10.4% | 19.5% | 15.3% | 6.7% |
|---|
| Cantabil Retail India ($CANTABIL) | | -11.6% | -30.4% | -3.3% | 25.0% |
Top companies by EBITDA margin, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Page Industries ($PAGEIND) | 19.9% | 21.1% | 20.5% | 21.5% | |
| Rupa & Company ($RUPA) | 10.7% | 12.7% | 15.0% | 15.3% | 14.5% |
| Zodiac Clothing Co ($ZODIACLOTH) | 11.0% | 9.3% | 8.8% | 10.8% | |
| Ashapura Intimates Fashion ($AIFL) | 8.9% | 9.5% | 10.5% | 10.7% | 13.7% |
| Tara Jewels ($TARAJEWELS) | 8.5% | 9.2% | 9.1% | 9.2% | |
| |
|---|
| Median (19 companies) | 7.9% | 7.6% | 6.1% | 5.5% | 5.2% |
|---|
Top companies by CAPEX/Revenue, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Page Industries ($PAGEIND) | 5.8% | 4.0% | 5.2% | 4.4% | |
| Zodiac Clothing Co ($ZODIACLOTH) | 9.3% | 5.7% | 3.9% | 4.0% | |
| Tara Jewels ($TARAJEWELS) | 1.8% | 1.6% | 1.3% | 3.1% | |
| Bhartiya International ($BIL) | 4.5% | 4.5% | 3.9% | 1.8% | 2.1% |
| Rupa & Company ($RUPA) | 4.5% | 1.9% | 3.9% | 1.7% | 2.2% |
| |
|---|
| Median (15 companies) | 1.9% | 1.6% | 1.3% | 1.1% | 0.7% |
|---|
Top companies by ROIC, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Page Industries ($PAGEIND) | 44.2% | 54.9% | 58.5% | 61.6% | |
| Oscar Global ($OSCARGLO) | | | 12.6% | 52.3% | |
| Virat Industries ($VIRAT) | 13.2% | 20.7% | 26.2% | 30.9% | |
| Rupa & Company ($RUPA) | 20.2% | 22.4% | 27.1% | 25.8% | 23.8% |
| Ashapura Intimates Fashion ($AIFL) | 21.7% | 24.1% | 19.1% | 23.4% | 39.9% |
| |
|---|
| Median (40 companies) | 8.8% | 10.1% | 7.2% | 10.9% | 8.2% |
|---|
| Cantabil Retail India ($CANTABIL) | 16.4% | -11.9% | -21.5% | | |
Top companies by Net Debt / EBITDA
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Thangamayil Jewellery ($THANGAMAYL) | 2.2x | 2.2x | 2.6x | 11.9x | 61.2x |
| Shrenuj & Co ($SHRENUJ) | 8.6x | 9.3x | 11.2x | 11.7x | |
| Pearl Global Industries ($PGIL) | 8.4x | 4.5x | 4.7x | 7.0x | 2.7x |
| C. Mahendra Exports ($CMAHENDRA) | 4.1x | 4.5x | 4.9x | 6.0x | |
| Asian Star Co ($ASTAR) | 8.2x | 7.1x | 7.1x | 5.9x | 4.8x |
| |
|---|
| Median (25 companies) | 2.7x | 2.3x | 2.7x | 0.0x | 1.4x |
|---|
