Brandman Retail Ltd.
•₹ 160.451.1%
2026-08-21
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 130.4%
- Company has a healthy return on capital (ROCE) of 108.8%
- Latest quarter profit grew 1064.2% YoY, showing strong momentum
- Operating margins have improved to 23.0% from 0.7%
- Company comfortably covers its interest (10.6x coverage)
- Company maintains a comfortable, low leverage position
CONS
- Receivables are growing faster than sales - a possible quality concern
- Operating cash flow has been negative in recent years
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.01x)
- Working capital days have increased from 0 to 55 days
- Total debt has risen sharply - up 236.3% year on year
- Free cash flow has been persistently negative
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | DMART | 3979.55 | 84.88 | 259564.55 | 0.00 | 860.44 | 11.34 | 18794.53 | 14.88 | 18.03 | 7.98 |
| 2. | TRENT | 2944.00 | 86.78 | 156983.37 | 0.14 | 518.07 | 21.98 | 5754.71 | 17.84 | 36.73 | 19.45 |
| 3. | VMM | 103.40 | 54.31 | 48440.92 | 0.00 | 258.77 | 25.57 | 3727.01 | 18.68 | 17.13 | 14.61 |
| 4. | METROBRAND | 924.05 | 61.97 | 25186.40 | 0.32 | 95.26 | -3.58 | 720.36 | 14.66 | 33.25 | 29.85 |
| 5. | ABLBL | 86.92 | 60.28 | 10608.77 | 0.58 | 29.02 | 20.62 | 2045.74 | 11.15 | 27.34 | 15.06 |
| 6. | PNGJL | 603.90 | 19.94 | 8889.56 | 0.00 | 105.33 | 51.91 | 2412.98 | 40.73 | 20.40 | 7.56 |
| 7. | V2RETAIL | 220.00 | 44.90 | 8022.03 | 0.00 | 41.85 | 69.70 | 997.20 | 57.73 | 38.43 | 13.99 |
| 8. | AVL | 605.70 | 0.00 | 7821.89 | 0.21 | 77.22 | 39.99 | 1192.68 | 26.85 | 20.82 | 10.44 |
| 9. | MEDPLUS | 649.85 | 37.09 | 7807.11 | 0.00 | 33.17 | -21.67 | 1879.60 | 21.84 | 22.22 | 7.09 |
| 10. | ETHOSLTD | 2904.30 | 74.81 | 7771.24 | 0.00 | 28.66 | 50.71 | 461.71 | 33.32 | 13.70 | 12.97 |
| 11. | EMIL | 191.15 | 35.67 | 7354.47 | 0.00 | 120.64 | 458.07 | 2418.95 | 39.07 | 14.49 | 9.88 |
| 12. | BRANDMAN | 169.90 | 12.40 | 313.59 | 0.00 | 47.64 | — | 451.94 | 1496.40 | 115.79 | 8.80 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2025 | Jun 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| 28 | 12 | 671 | 452 | |
| 26 | 13 | 608 | 422 | |
| Operating Profit | — | — | — | — |
| OPM % | — | — | — | — |
| Other Income | 4 | 2 | 13 | 33 |
| Interest | 0 | 0 | 6 | 5 |
| Depreciation | 0 | 0 | 4 | 4 |
| 6 | 1 | 76 | 64 | |
| Tax % | 25.91% | 27.45% | 26.10% | 25.24% |
| Net Profit | 4 | 0 | 56 | 48 |
| 3 | 0 | 4 | 3 | |
| Equity Capital | 0 | 13 | 185 | 185 |
| Reserves | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 0 | 13 | 185 | 185 |
| Reserves | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% |
Mar 2025
- 28
- 26
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 0
- 6
- Tax %
- 25.91%
- Net Profit
- 4
- 3
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 12
- 13
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 27.45%
- Net Profit
- 0
- 0
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 671
- 608
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 6
- Depreciation
- 4
- 76
- Tax %
- 26.10%
- Net Profit
- 56
- 4
- Equity Capital
- 185
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 185
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 452
- 422
- Operating Profit
- —
- OPM %
- —
- Other Income
- 33
- Interest
- 5
- Depreciation
- 4
- 64
- Tax %
- 25.24%
- Net Profit
- 48
- 3
- Equity Capital
- 185
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 185
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 10 | 53 | 128 | 135 | 1,163 | |
| 10 | 52 | 116 | 104 | 1,068 | |
| Operating Profit | 0 | 1 | 12 | 32 | — |
| OPM % | 1 | 2 | 10 | 24 | — |
| Other Income | 0 | 0 | 0 | 1 | 52 |
| Interest | 0 | 0 | 0 | 3 | 12 |
| Depreciation | 0 | 0 | 1 | 1 | 8 |
| -0 | 1 | 11 | 28 | 146 | |
| Tax % | 21 | 32 | 25 | 26 | 26 |
| Net Profit | -0 | 0 | 8 | 21 | 108 |
| EPS | -0 | 0 | 331 | 17 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -0 | 0 | 6 | 17 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -0 | 0 | 6 | 17 | — |
Mar 2022
- 10
- 10
- Operating Profit
- 0
- OPM %
- 1
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- 21
- Net Profit
- -0
- EPS
- -0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2023
- 53
- 52
- Operating Profit
- 1
- OPM %
- 2
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 32
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2024
- 128
- 116
- Operating Profit
- 12
- OPM %
- 10
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 11
- Tax %
- 25
- Net Profit
- 8
- EPS
- 331
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2025
- 135
- 104
- Operating Profit
- 32
- OPM %
- 24
- Other Income
- 1
- Interest
- 3
- Depreciation
- 1
- 28
- Tax %
- 26
- Net Profit
- 21
- EPS
- 17
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
TTM
- 1,163
- 1,068
- Operating Profit
- —
- OPM %
- —
- Other Income
- 52
- Interest
- 12
- Depreciation
- 8
- 146
- Tax %
- 26
- Net Profit
- 108
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 140%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 130%
- Last Year:
- 109%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| Equity Capital | 0 | 0 | 0 | 13 |
| -0 | 0 | 9 | 17 | |
| 0 | 2 | 3 | 5 | |
| Trade Payables | 4 | 18 | 31 | 33 |
| 15 | 18 | 6 | 16 | |
| Total Liabilities | 19 | 38 | 48 | 85 |
| ASSETS | - | - | - | - |
| 3 | 3 | 6 | 7 | |
| 8 | 25 | 24 | 24 | |
| 0 | 0 | 5 | 37 | |
| Cash & Bank | 0 | 0 | 0 | 4 |
| 8 | 10 | 13 | 11 | |
| Total Assets | 19 | 38 | 48 | 85 |
| Total Debt | 0 | 2 | 4 | 12 |
| Net Working Capital | -6 | -6 | 0 | 20 |
| Contingent Liabilities | 0 | 0 | 0 | 0 |
| Book Value per Share | 7.40 | 25.09 | 356.54 | 23.40 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 0 | 2 | 4 | 12 |
| Net Working Capital | -6 | -6 | 0 | 20 |
| Contingent Liabilities | 0 | 0 | 0 | 0 |
| Book Value per Share | 7.40 | 25.09 | 356.54 | 23.40 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2022
- Equity Capital
- 0
- -0
- 0
- Trade Payables
- 4
- 15
- Total Liabilities
- 19
- 3
- 8
- 0
- Cash & Bank
- 0
- 8
- Total Assets
- 19
- Total Debt
- 0
- Net Working Capital
- -6
- Contingent Liabilities
- 0
- Book Value per Share
- 7.40
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- -6
- Contingent Liabilities
- 0
- Book Value per Share
- 7.40
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 0
- 0
- 2
- Trade Payables
- 18
- 18
- Total Liabilities
- 38
- 3
- 25
- 0
- Cash & Bank
- 0
- 10
- Total Assets
- 38
- Total Debt
- 2
- Net Working Capital
- -6
- Contingent Liabilities
- 0
- Book Value per Share
- 25.09
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- -6
- Contingent Liabilities
- 0
- Book Value per Share
- 25.09
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 0
- 9
- 3
- Trade Payables
- 31
- 6
- Total Liabilities
- 48
- 6
- 24
- 5
- Cash & Bank
- 0
- 13
- Total Assets
- 48
- Total Debt
- 4
- Net Working Capital
- 0
- Contingent Liabilities
- 0
- Book Value per Share
- 356.54
- Face Value
- 10.00
- Total Debt
- 4
- Net Working Capital
- 0
- Contingent Liabilities
- 0
- Book Value per Share
- 356.54
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 13
- 17
- 5
- Trade Payables
- 33
- 16
- Total Liabilities
- 85
- 7
- 24
- 37
- Cash & Bank
- 4
- 11
- Total Assets
- 85
- Total Debt
- 12
- Net Working Capital
- 20
- Contingent Liabilities
- 0
- Book Value per Share
- 23.40
- Face Value
- 10.00
- Total Debt
- 12
- Net Working Capital
- 20
- Contingent Liabilities
- 0
- Book Value per Share
- 23.40
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 3 | -1 | 2 | -1 | |
| Cash from Investing | -3 | -0 | -3 | -3 |
| Cash from Financing | 0 | 2 | 2 | 7 |
| 0 | -0 | 0 | 4 | |
| Free Cash Flow | 3 | -2 | -1 | -3 |
| OCF / Net Profit | -51.49 | -2.94 | 0.22 | -0.04 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | -51.49 | -2.94 | 0.22 | -0.04 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
Mar 2022
- 3
- Cash from Investing
- -3
- Cash from Financing
- 0
- 0
- Free Cash Flow
- 3
- OCF / Net Profit
- -51.49
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -51.49
- Cumulative 5-Year FCF
- 0
Mar 2023
- -1
- Cash from Investing
- -0
- Cash from Financing
- 2
- -0
- Free Cash Flow
- -2
- OCF / Net Profit
- -2.94
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.94
- Cumulative 5-Year FCF
- 0
Mar 2024
- 2
- Cash from Investing
- -3
- Cash from Financing
- 2
- 0
- Free Cash Flow
- -1
- OCF / Net Profit
- 0.22
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.22
- Cumulative 5-Year FCF
- 0
Mar 2025
- -1
- Cash from Investing
- -3
- Cash from Financing
- 7
- 4
- Free Cash Flow
- -3
- OCF / Net Profit
- -0.04
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.04
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | -2.60 | 17.70 | 331.44 | 16.51 |
| Book Value (₹) | 7.40 | 25.09 | 356.54 | 23.40 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.06 | 0.66 | 7.00 | 17.20 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | 0.68% | 2.02% | 9.36% | 23.04% |
| Net Margin % | -0.67% | 0.84% | 6.49% | 15.56% |
| ROE % | -35.21% | 108.94% | 173.70% | 108.65% |
| ROCE % | -43.05% | 54.50% | 156.21% | 115.82% |
| -0.34% | 1.55% | 19.19% | 31.63% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 109 | 27 | 14 | 57 |
| Inventory Days | 296 | 114 | 70 | 66 |
| Payable Days | 261 | 125 | 122 | 207 |
| 144 | 16 | -37 | -84 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | 0.00x | 2.63x | 0.40x | 0.40x |
| Interest Coverage (x) | -27.45x | 41.92x | 30.34x | 10.63x |
| 0.68x | 0.84x | 1.00x | 1.40x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | 438.83% | 142.13% | 5.91% |
| Operating Profit Growth % | 0.00% | 1513.16% | 1037.81% | 165.06% |
| Net Profit Growth % | 0.00% | 779.57% | 1772.99% | 154.01% |
| 0.00% | 0.00% | 1772.99% | -95.02% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.28x | 0.63x |
Mar 2022
- EPS (₹)
- -2.60
- Book Value (₹)
- 7.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.06
- Operating Margin %
- 0.68%
- Net Margin %
- -0.67%
- ROE %
- -35.21%
- ROCE %
- -43.05%
- -0.34%
- Debtor Days
- 109
- Inventory Days
- 296
- Payable Days
- 261
- 144
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- -27.45x
- 0.68x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 17.70
- Book Value (₹)
- 25.09
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.66
- Operating Margin %
- 2.02%
- Net Margin %
- 0.84%
- ROE %
- 108.94%
- ROCE %
- 54.50%
- 1.55%
- Debtor Days
- 27
- Inventory Days
- 114
- Payable Days
- 125
- 16
- Debt to Equity (x)
- 2.63x
- Interest Coverage (x)
- 41.92x
- 0.84x
- Revenue Growth %
- 438.83%
- Operating Profit Growth %
- 1513.16%
- Net Profit Growth %
- 779.57%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 331.44
- Book Value (₹)
- 356.54
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.00
- Operating Margin %
- 9.36%
- Net Margin %
- 6.49%
- ROE %
- 173.70%
- ROCE %
- 156.21%
- 19.19%
- Debtor Days
- 14
- Inventory Days
- 70
- Payable Days
- 122
- -37
- Debt to Equity (x)
- 0.40x
- Interest Coverage (x)
- 30.34x
- 1.00x
- Revenue Growth %
- 142.13%
- Operating Profit Growth %
- 1037.81%
- Net Profit Growth %
- 1772.99%
- 1772.99%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.28x
Mar 2025
- EPS (₹)
- 16.51
- Book Value (₹)
- 23.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 17.20
- Operating Margin %
- 23.04%
- Net Margin %
- 15.56%
- ROE %
- 108.65%
- ROCE %
- 115.82%
- 31.63%
- Debtor Days
- 57
- Inventory Days
- 66
- Payable Days
- 207
- -84
- Debt to Equity (x)
- 0.40x
- Interest Coverage (x)
- 10.63x
- 1.40x
- Revenue Growth %
- 5.91%
- Operating Profit Growth %
- 165.06%
- Net Profit Growth %
- 154.01%
- -95.02%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.63x
Documents
Announcements
Nothing filed yet.
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.
Concalls
May 2026