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1. Business Overview
Brandman Retail Ltd., operating in the Retailing sector in India, is engaged in the business of selling goods directly to consumers. Its core business model involves sourcing a diverse range of products, managing inventory, merchandising, and selling these products through various channels, which could include physical stores (supermarkets, hypermarkets, specialty stores, department stores) and/or online platforms (e-commerce website, mobile app). The company generates revenue primarily from the sale of these goods, with profitability driven by sales volume, pricing strategies, and efficient supply chain and operational management.
2. Key Segments / Revenue Mix
Without specific data, the exact revenue mix for Brandman Retail Ltd. cannot be determined. Typically, a retail company's revenue streams are segmented by product categories (e.g., apparel, groceries, electronics, home goods, general merchandise) or by sales channel (e.g., brick-and-mortar stores, e-commerce). Revenue is derived from direct sales of merchandise. The contribution of each segment would depend on the company's specific retail formats and product focus.
3. Industry & Positioning
The Indian retail industry is one of the largest globally, characterized by its significant size, high growth potential, and a mix of organized and unorganized players. It is highly competitive, with both traditional family-run stores and large modern retailers (domestic and international) vying for market share. The industry is rapidly evolving, driven by urbanization, rising disposable incomes, and increasing internet penetration leading to e-commerce growth. Brandman Retail Ltd.'s positioning would depend on its chosen niche – whether it targets the mass market with value offerings, focuses on specific product categories, caters to premium segments, or employs an omni-channel strategy combining offline and online presence. The company competes with a diverse set of players ranging from large conglomerates to specialized retailers and online marketplaces.
4. Competitive Advantage (Moat)
For Brandman Retail Ltd., potential competitive advantages (moats) could include:
Scale and Reach: A wide network of stores or a robust online presence can offer convenience and cost efficiencies.
Brand Loyalty: A strong brand reputation built on trust, quality, and customer experience can foster repeat business.
Efficient Supply Chain: Optimized logistics, inventory management, and sourcing can lead to cost advantages and better product availability.
Product Assortment & Merchandising: Unique or curated product offerings that resonate with specific consumer needs.
Omni-channel Integration: Seamless integration between online and offline channels can enhance customer experience and capture diverse consumer preferences.
Data Analytics: Leveraging customer data to personalize offers and optimize operations.
5. Growth Drivers
Key factors that can drive growth for Brandman Retail Ltd. over the next 3-5 years include:
Rising Disposable Incomes: Growth in per capita income in India fuels consumer spending across various categories.
Urbanization & Demographic Shifts: Increasing urban population and a large young demographic contribute to a growing consumer base.
Increasing Organized Retail Penetration: A shift from unorganized to organized retail formats presents expansion opportunities.
E-commerce Adoption: Rapid growth in online shopping provides a significant channel for expansion and reaching new customer segments.
Digital Transformation: Adoption of technology for better customer engagement, supply chain efficiency, and operational excellence.
Geographic Expansion: Tapping into new cities and regions within India.
6. Risks
Brandman Retail Ltd. faces several risks inherent to the retail sector in India:
Intense Competition: Highly fragmented and competitive market putting pressure on margins and market share.
Changing Consumer Preferences: Rapid shifts in fashion, product trends, and purchasing habits requiring agile inventory management and merchandising.
Economic Slowdown: A downturn in the broader economy can reduce discretionary spending and impact sales.
Supply Chain Disruptions: Vulnerability to issues like logistics challenges, raw material price fluctuations, and geopolitical events.
Inventory Management: Risks associated with excess inventory (leading to markdowns) or stock-outs (leading to lost sales).
Real Estate Costs: High and rising rental costs for prime retail locations can impact profitability for physical stores.
Regulatory Changes: Potential changes in policies related to retail, foreign direct investment, or e-commerce.
7. Management & Ownership
Specific details about the promoters and management of Brandman Retail Ltd. are not available. In India, many retail companies are often promoter-driven, meaning the founding family or individuals maintain significant control and influence over strategic direction. The quality of management in the retail sector is crucial, requiring strong expertise in merchandising, supply chain management, marketing, and understanding evolving consumer behavior. An experienced management team with a clear vision and execution capability is vital for navigating the complexities and competition of the Indian retail landscape.
8. Outlook
Brandman Retail Ltd. operates within the dynamic and growing Indian retail market, which offers substantial long-term potential driven by favorable demographics and economic expansion. The ongoing formalization of the economy and the digital acceleration further create opportunities for organized retailers to expand their reach and innovate their business models. However, the company faces an intensely competitive environment with both established players and new entrants, requiring continuous investment in technology, supply chain efficiency, and customer experience to maintain relevance and drive growth. The ability to adapt to evolving consumer preferences, manage operational complexities, and execute a differentiated strategy will be key to its sustained performance.
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Market Cap ₹341 Cr.
Stock P/E 16.3
P/B 2.4
Current Price ₹184.8
Book Value ₹ 76.9
Face Value 10
52W High ₹243.8
Dividend Yield 0%
52W Low ₹ 109.4
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Mar 2025 | Mar 2026 |
|---|---|---|
| Net Sales | 28 | 67 |
| Other Income | 4 | 1 |
| Total Income | 32 | 68 |
| Total Expenditure | 26 | 60 |
| Operating Profit | 6 | 9 |
| Interest | 0 | 1 |
| Depreciation | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 |
| Profit Before Tax | 6 | 8 |
| Provision for Tax | 1 | 2 |
| Profit After Tax | 4 | 6 |
| Adjustments | -0 | 0 |
| Profit After Adjustments | 4 | 6 |
| Adjusted Earnings Per Share | 0 | 0 |
| #(Fig in Cr.) | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|
| Net Sales | 123 | 135 | 95 |
| Other Income | 0 | 1 | 5 |
| Total Income | 123 | 136 | 100 |
| Total Expenditure | 111 | 104 | 86 |
| Operating Profit | 12 | 32 | 15 |
| Interest | 0 | 3 | 1 |
| Depreciation | 1 | 1 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 |
| Profit Before Tax | 11 | 28 | 14 |
| Provision for Tax | 3 | 7 | 3 |
| Profit After Tax | 8 | 21 | 10 |
| Adjustments | 0 | 0 | 0 |
| Profit After Adjustments | 8 | 21 | 10 |
| Adjusted Earnings Per Share | 6.5 | 16.4 | 0 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 10% | 0% | 0% | 0% |
| Operating Profit CAGR | 167% | 0% | 0% | 0% |
| PAT CAGR | 163% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | NA% | NA% | NA% | NA% |
| ROE Average | 108% | 101% | 101% | 101% |
| ROCE Average | 116% | 105% | 105% | 105% |
| #(Fig in Cr.) | Mar 2024 | Mar 2025 |
|---|---|---|
| Shareholder's Funds | 9 | 30 |
| Minority's Interest | 0 | 0 |
| Borrowings | 0 | 4 |
| Other Non-Current Liabilities | 0 | 0 |
| Total Current Liabilities | 31 | 51 |
| Total Liabilities | 40 | 85 |
| Fixed Assets | 6 | 7 |
| Other Non-Current Assets | 4 | 6 |
| Total Current Assets | 31 | 71 |
| Total Assets | 40 | 85 |
| #(Fig in Cr.) | Mar 2024 | Mar 2025 |
|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 |
| Cash Flow from Operating Activities | 2 | -1 |
| Cash Flow from Investing Activities | -3 | -3 |
| Cash Flow from Financing Activities | 2 | 7 |
| Net Cash Inflow / Outflow | 0 | 4 |
| Closing Cash & Cash Equivalent | 0 | 4 |
| # | Mar 2024 | Mar 2025 |
|---|---|---|
| Earnings Per Share (Rs) | 6.49 | 16.43 |
| CEPS(Rs) | 6.99 | 17.12 |
| DPS(Rs) | 0 | 0 |
| Book NAV/Share(Rs) | 6.93 | 23.37 |
| Core EBITDA Margin(%) | 9.74 | 23.02 |
| EBIT Margin(%) | 9.35 | 23.12 |
| Pre Tax Margin(%) | 9.04 | 20.94 |
| PAT Margin (%) | 6.71 | 15.49 |
| Cash Profit Margin (%) | 7.22 | 16.14 |
| ROA(%) | 20.44 | 33.47 |
| ROE(%) | 93.6 | 108.47 |
| ROCE(%) | 93.22 | 115.79 |
| Receivable days | 15.18 | 57.32 |
| Inventory Days | 71.99 | 65.82 |
| Payable days | 118.17 | 183.49 |
| PER(x) | 0 | 0 |
| Price/Book(x) | 0 | 0 |
| Dividend Yield(%) | 0 | 0 |
| EV/Net Sales(x) | 0.03 | 0.15 |
| EV/Core EBITDA(x) | 0.28 | 0.63 |
| Net Sales Growth(%) | 0 | 9.7 |
| EBIT Growth(%) | 0 | 171.28 |
| PAT Growth(%) | 0 | 153.25 |
| EPS Growth(%) | 0 | 153.25 |
| Debt/Equity(x) | 0.4 | 0.4 |
| Current Ratio(x) | 1 | 1.4 |
| Quick Ratio(x) | 0.22 | 0.92 |
| Interest Cover(x) | 30.42 | 10.6 |
| Total Debt/Mcap(x) | 0 | 0 |
| # | Mar 2026 |
|---|---|
| Promoter | 69.02 |
| FII | 1.76 |
| DII | 6.16 |
| Public | 23.05 |
| Others | 0 |
| Total | 100 |
| # | Mar 2026 |
|---|---|
| Promoter | 1.27 |
| FII | 0.03 |
| DII | 0.11 |
| Public | 0.43 |
| Others | 0 |
| Total | 1.85 |
* The pros and cons are machine generated.
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