Cantabil Share Price Target 2024, 2025, 2026, 2030 Analysis

If you have a question about Cantabil Share price target 2024,2025,2026,2030, then you are in right place. 

In this article, You will find all your questions’ solutions in a simple and detailed manner.

Now we will get key information about Cantabil Retail. It’s business model, key strategy, fundamentals, and products. 

Additionally, it’s good to give lucrative returns to investors or not. 

Let’s deeply analyze Cantabil’s share price targets 2024,2025,2026 and 2030. Stay continue to read the full article. 

Contabil Retail Overview

Cantabil Retail is engaged in manufacturing garments and accessories. The company has a manufacturing plant at Bahadurgarh in Haryana and two warehouses.

 It provides support to fulfill demand for retail showrooms.

The company was founded in 1989 and it started its first store in Delhi, in 2000.

It is also involved in the designs, brands, and retail under the brand name, Cantabil.

The company offers menswear, women’s wear, kids’ wear, and accessories in the categories of T-shirts, Trousers, and jackets (blazers), Shirts generate revenue equal approx (20 percent).

Its winter wear contributes to 33 percent of revenue and innerwear, belts, handkerchiefs, perfumes, luggage, ties, and socks give up to 3 percent of sales.

Cantabil Retail Financial Analysis

Cantabil Retail announced its stellar revenue growth in Q2FY24 at Rs135 crore increase of 16 percent against Rs 116 crore in Q2FY23.

The company’s net profit in Q2FY24 at Rs 7 crore down compared to Rs 9 crore in the same quarter last year.

Year-on-year(YoY) revenue in FY23 at Rs 552 crore 44 percent increase from Rs 383 crore in FY22 due to fast store opening and growth trend.

In November FY24, 6 new showrooms at different locations, and till now 504 showrooms/ shops opened.

Contabil Retail Fundamentals

Market Capital	2,160 crore
PE Ratio	34.00
ROE	35
ROCE	25
Book Value	29.2
Face Value	2.00
EPS	7.79
Debt to Equity	1.37
Industry PE	28.3

Cantabil Share Price Target Table

Cantabil Share Price Target 2024

Cantabil Retail has entered a new segment of footwear, and athleisure, and introduced 5 EBOs for footwear, innerwear, and accessories.

It plans 50 such EBOs in long to medium terms and Capex Rs 50 crore.

In the initial stage, it will be outsourced footwear manufacturing. 

It is easy to understand revenue and earnings would grow.             

Therefore, we will get a good share price target for Cantabil in 2024 to be Rs 306 and a second share price target to be Rs 344.

Cantabil Share Price Target 2024	First Target	Second Target
	Rs 306	Rs 344

Cantabil Share Price Target 2025

Cantabil Retail classified its business into two models first company-owned and company-operated (CoCo) and the second franchise-owned and franchise-operated (FoFo) model.

In H1FY24, the company opened 35 stores, and a total number of stores counted was 482 in September 2023.

According to the company, It’ll increase its store count to 700+ in 2-3 years to focus on Tier II and Tier III cities with target exclusive women and kids wear stores.

The company enhanced its key ratios RoE 6 percent, RoCE 8 percent from 2015 to RoE 35 percent, and RoCE 26 percent in 2023.

And it improves working capital cycle from 137 days to 113 days.

Therefore, seeing all the growth prospects, we’ll look for the share price target of Cantabil in 2025 is Rs 382   and the highest share price target is Rs 397.

Cantabil Share Price Target 2025	First Target	Second Target
	Rs 382	Rs 397

Cantabil Share Price Target 2026

Cantabil is the fastest-growing company in the retail garment segment. The company plans to add 70-80 stores every year. It wants to provide a one-stop solution to shop whole family.

The company management growth trajectory is to get revenue of Rs 1000 crore and net profit of Rs 125 crore by 2026.

Despite aggressive store additions, the company maintained its revenue and profit growth.

So we can see the stock price jump in the upcoming days. Now we will find share price target of Cantabil in 2026 is Rs 458  and the second target is Rs 477.

Cantabil Share Price Target 2026	First Target	Second Target
	Rs 458	Rs 477

Cantabil Share Price Target 2030

Cantabil follows its sales and discount model, in the first quarter sales were very low due to low discounts and higher sales of fresh stocks.

Discounting  Model

• In the first quarter – flat 20 percent buy two and get one free
• In the second and third quarters — flat 50 percent off
• In quarter four – Buy two and get five free

The company gained a higher volume due to an exciting discount model, and value fashion.

Its main target is Tier II and Tier III cities in North and West India cover.

It is also a main focus for advertisements of its products on digital.

Therefore, expenses on advertising are very low approx 2 percent of sales.

Now we can expect growth in sales and profit and the share price target of Cantabil in 2030 is Rs 575 and the second target is Rs 595.

Cantabil share price target 2030	First Target	Second Target
	Rs 575	Rs 595

Cantabil Retail FAQ