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Cantabil

Cantabil is an Indian clothing company that designs, manufactures, and sells apparel for men, women, and children. The company operates under the legal name Cantabil Retail India Limited and was founded in 1989.[3] Its headquarters is in New Delhi, India. Cantabil has over 460 stores in more than 220 cities across India.[4][5]

Cantabil
Native name
Cantabil Retail India Limited
Public
Traded asBSE: CANTABIL Template:NSE
IndustryRetail
Founded1989 (1989)
FounderVijay Bansal
HeadquartersNew Delhi, India
Area served
India
ProductsClothing
RevenueIncrease₹6.16 billion (FY 2023-24)[1]
Number of employees
3800+ (2024)[2]
Websitewww.cantabilinternational.com

History

Cantabil started in 1989 under the name Kapish Sales Pvt. Ltd. as a distributor for zippers and buttons.[6] In 2000, the company shifted to apparel retailing and opened its first store in Rajouri Garden, New Delhi.[7] Since then, Cantabil has expanded its range to include clothing for men, women, and children, becoming a popular brand in India.[8][9]

Operations

Cantabil manages its production in a facility in Bahadurgarh, Haryana, covering an area of 1.5 lakh sq. ft..[10] The facility has the capacity to produce about 1.5 million garments per year.[11] Cantabil operates an integrated business model, which includes designing, manufacturing, and retailing, allowing for greater control over quality and costs.[12][13]

Financial Information

Cantabil is a publicly traded company, listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol CANTABIL.[14] For the financial year ending March 2024, Cantabil reported a revenue of ₹6.16 billion, which represents an 11.52% growth from the previous year.[15] According to analysts, demand is expected to pick up in the second half of the year, driven by improvements in retail strategies.[16][17][18]

Awards

Cantabil received the Delhi Udyog Ratan Award in 2008 for its contribution to the retail industry.[19]

Geographical Presence

Cantabil has a presence in over 220 cities across 19 states, with its retail footprint mostly in the northern, eastern, and western regions of India.[20] The company is actively expanding in Tier 2 and Tier 3 cities.[21] It aims to achieve a 15% volume growth in the fiscal year 2025.[22]

References

  1. ↑ "Cantabil Retail India Revenue Report FY 2024". Retrieved October 21, 2024.
  2. ↑ "Employee Strength of Cantabil". Retrieved October 21, 2024.
  3. ↑ "Company Overview: Cantabil Retail India Ltd". Retrieved October 21, 2024.
  4. ↑ "Cantabil's Store Expansion and Growth". Retrieved October 21, 2024.
  5. ↑ "Cantabil Retail India Upgraded to 'Hold' by MarketsMOJO, Promoters Show Confidence". Markets Mojo. Retrieved 2024-10-21.
  6. ↑ "History of Cantabil Retail India Ltd". Retrieved October 21, 2024.
  7. ↑ "Cantabil's Entry into Retail". Retrieved October 21, 2024.
  8. ↑ "Cantabil Clothing Overview". Retrieved October 21, 2024.
  9. ↑ "Ventura Securities' Vinit Bolinjkar Sees Growth In Cantabil Retail & Fino Payment Bank. Here's Why?". Business Today. 2024-10-14. Retrieved 2024-10-21.
  10. ↑ "Cantabil's Manufacturing Facility". Retrieved October 21, 2024.
  11. ↑ "Cantabil Production Capacity". Retrieved October 21, 2024.
  12. ↑ "Cantabil Business Model". Retrieved October 21, 2024.
  13. ↑ "Cantabil Retail India's Net Profit Drops 7% In Q1FY25". BW Businessworld. Retrieved 2024-10-21.
  14. ↑ "Cantabil Retail India Stock Information". Retrieved October 21, 2024.
  15. ↑ "Revenue Growth for FY 2024". Retrieved October 21, 2024.
  16. ↑ "Cantabil Retail India: Demand to Pick Up from H2; Valuations Attractive". Retrieved October 21, 2024.
  17. ↑ "Cantabil Retail India's Quarterly Results Analysis". Retrieved October 21, 2024.
  18. ↑ Team, afaqs! Content. "afaqs! Pause - Deepak Bansal, Director, Cantabil Retail India Ltd". www.afaqs.com. Retrieved 2024-10-21.
  19. ↑ www.ETRetail.com. "Cantabil to invest Rs 20 crore to penetrate deeper into tier II cities and beyond - ET Retail". ETRetail.com. Retrieved 2024-10-21.
  20. ↑ "Geographical Reach of Cantabil". Retrieved October 21, 2024.
  21. ↑ "Retail ET: Cantabil's Investment in Tier II Cities". Retrieved October 21, 2024.
  22. ↑ "Cantabil Retail Targets 15% Volume Growth in FY25". Retrieved October 21, 2024.
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