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Cantabil Retail India Limited

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Cantabil Retail India Limited[1]
Public
Traded as(BSE533267, NSECANTABIL)[2]
ISIN🆔INE068L01016[1]
IndustryRetail
Founded 📆1989[3]
Founder 👔Vijay Bansal[4]
Headquarters 🏙️New Delhi, India
Area served 🗺️
India
Key people
Vijay Bansal (Chairman and Managing Director)[5]
Services
  • Retail Stores of Apparels
  • Manufacturing of Apparels
Revenue🤑 INR 338 crore (2020)[6]
INR 14 crore (2020)[7]
Total assetsINR 449 crore (2020)[7]
Total equityINR 118 crore (2020)[7]
Members
Number of employees
2500+[8]
🌐 Websitewww.cantabilinternational.com
📇 Address
📞 telephone

Cantabil Retail India Limited is an Indian retail company founded in 1989[3] involved in the design, manufacture, and retail of readymade garments.[1] The company caters to the mid-premium segment in the Indian apparel market.[9] The brand 'Cantabil' was founded by Vijay Bansal in 2000 in Delhi, India. Cantabil is a publicly-listed company under the name ‘CANTABIL’ in the National Stock Exchange (NSE) & Bombay Stock Exchange (BSE) of India and has a “BBB+ outlook Stable” rating from ICRA.[10]

Vijay Bansal is the Chairman and Managing Director (CMD), Deepak Bansal is the Wholetime Director, and Shivendra Nigam is the Chief Financial Officer (CFO) of Cantabil Retail India Limited.[11]

History[edit]

In 1989, Cantabil Retail India Limited was incorporated as a private limited company under the name of Kapish Sales Pvt. Ltd. In 2000, the first Cantabil retail store selling men's wear was opened by Vijay Bansal in New Delhi.[4] The company introduced ladies' wear in 2008 and kids' wear in 2018.[12]

Products[edit]

Cantabil's portfolio for men includes shirts, trousers, denim, t-shirts, jackets, sweatshirts, suits, blazers, and accessories. Ladies' wear consists of tunics, kurtis, shirts, tops, t-shirts, capris, blazers, sweatshirts, suits, denims, leggings, etc.[13] Kids' wear includes shirts, trousers, denims, dresses, jackets, and other garments.[14]

Operations[edit]

Cantabil's production facility spans a 3-acre plot with 1.5 lakh sq. ft. of floor area in Bahadurgarh, Haryana.[1]

Geographical Presence[edit]

Cantabil has a retail presence in 150+ cities across 17 Indian states and has 320 exclusive brand outlets.[15]

Awards[edit]

  • Delhi Udyog Ratan Award 2008 - Vijay Bansal, Cantabil[16]

References[edit]

  1. 1.0 1.1 1.2 1.3 "Cantabil Retail India Limited". NSE India.
  2. "CANTABIL RETAIL INDIA LTD". BSE India.
  3. 3.0 3.1 "Cantabil Retail India Ltd". Business Standard India.
  4. 4.0 4.1 Singh, Rajiv (17 March 2021). "Can Bharat help Cantabil Retail expand its empire?". Forbes India.
  5. "Cantabil Retail India Ltd". Invest Online.
  6. Martins, Maverick (6 July 2020). "Cantabil to shift focus to growth in the e-commerce space, says Deepak Bansal". fashionnetwork.com.
  7. 7.0 7.1 7.2 "Cantabil Retail India Limited Annual Report 2019-20" (PDF). Cantabil International.
  8. Dixit, Noyanika (30 June 2020). "Cantabil forges ahead of competition amid lockdown relaxations". Apparel Resources.
  9. Research, Broker (26 August 2020). "Khambatta Securities' research report on Cantabil Retail India". moneycontrol.com.
  10. "Cantabil Retail India Ltd: [ICRA]BBB+(Stable)/[ICRA]A2 assigned". 1 June 2020.
  11. Dutta, Arnab; Majumder, Arindam (2 February 2021). "Budget 2021: Customs duty hike to make electronics items more expensive". Business Standard.
  12. Singh, Devika (15 December 2020). "Festive demand high, but apparel retailers yet to recover". Financial Express.
  13. "Cantabil | Home". www.cantabilinternational.com.
  14. "Kids Jackets(cantabil)". indiamart.com.
  15. "Cantabil Investor Presentation" (PDF). NSE India.
  16. Kohli, Jasmine (17 September 2010). "Mr. Vijay Bansal, Chairman and Managing Director, Cantabil Retail India Ltd". IIFL Securities. India Infoline News Service.

External links[edit]


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