This small-cap apparel brand eyes 62% revenue growth in 3 years: Can it rerate?
1 week, 6 days ago

This small-cap apparel brand eyes 62% revenue growth in 3 years: Can it rerate?

Live Mint  

Cantabil Retail India Ltd faced setbacks after 2010 but rebounded with strategic restructuring. Today, the company is on a strong growth trajectory, with ambitious goals set for the future, including a revenue target of ₹1,000 crore by FY27. View Full Image Source: Ventura Securities Revenue grew at a CAGR of 21%, reaching ₹289 crore in FY19, up from ₹100 in FY14. Cantabil entering the next phase of growth To start with, Cantabil wants to grow its revenue to ₹1,000 crore by FY27, which is 62% higher than current levels. However, the company plans to expand its retail presence by opening 70 to 80 new stores annually, reaching 700 stores by FY26 and 775 by FY27.

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