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{{Infobox company
| name = Cantabil
| type = Public
| traded_as = {{BSE|CANTABIL}} {{NSE|CANTABIL}}
| industry = Retail
| foundation = {{start date|1989}}
| founder = Vijay Bansal
| hq_location = [[New Delhi]], [[India]]
| area_served = [[India]]
| key_people = Vijay Bansal (Chairman & Managing Director)
| products = [[Clothing]]
| revenue = {{increase}}₹6.16 billion (FY 2023-24)<ref>{{cite web|title=Cantabil Retail India Revenue Report FY 2024|url=https://stockanalysis.com/quote/nse/CANTABIL/revenue/|accessdate=October 21, 2024}}</ref>
| num_employees = 3800+ (2024)<ref>{{cite web|title=Employee Strength of Cantabil|url=https://www.bseindia.com/stock-share-price/cantabil-retail-india-ltd/cantabil/534976/|accessdate=October 21, 2024}}</ref>
| website = [https://www.cantabilinternational.com www.cantabilinternational.com]
}}
'''Cantabil''' is an [[Clothing in India|Indian clothing]] retail company that [[Design|designs]], [[Manufacturing|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 by Vijay Bansal.<ref>{{cite web |title=Company Overview: Cantabil Retail India Ltd |url=https://www.moneycontrol.com/company-overview |accessdate=October 21, 2024}}</ref> It is headquartered in [[New Delhi|New Delhi, India]], and has over 550 stores across 220 cities in India.<ref>{{cite web |title=Cantabil's Store Expansion and Growth |url=https://www.indianretailer.com/articles/cantabil-expansion |accessdate=October 21, 2024}}</ref><ref>{{Cite web |title=Cantabil Retail India Upgraded to 'Hold' by MarketsMOJO, Promoters Show Confidence |url=https://www.marketsmojo.com/news/stock-recommendation/cantabil-retail-india-upgraded-to-hold-by-marketsmojo-promoters-show-confidence-287478 |access-date=2024-10-21 |website=Markets Mojo}}</ref><ref>{{cite web |date=September 5, 2024 |title=Fashion Retailer Cantabil Crosses 550 Store Mark |url=https://www.indiaretailing.com/2024/09/05/fashion-retailer-cantabil-crosses-550-store-mark/ |accessdate=October 21, 2024 |website=India Retailing}}</ref>
== History ==
Cantabil Retail India Limited began its operations in 1989 as a private limited company named Kapish Sales Pvt. Ltd., initially focusing on distributing zippers and buttons.<ref>{{cite web |title=History of Cantabil Retail India Ltd. |url=https://www.moneycontrol.com/history-cantabil |accessdate=October 21, 2024}}</ref> The company shifted to apparel retailing in 2000, launching its first store in Rajouri Garden, New Delhi.<ref>{{cite web |title=Cantabil's Entry into Retail |url=https://www.stockanalysis.com/nse/cantabil/company/ |accessdate=October 21, 2024}}</ref> The success of this store led to a significant expansion into other segments of clothing, including women's and children's wear.<ref>{{cite web |title=Cantabil Clothing Overview |url=https://stockanalysis.com/cantabil |accessdate=October 21, 2024}}</ref><ref>{{Cite web |date=2024-10-14 |title=Ventura Securities' Vinit Bolinjkar Sees Growth In Cantabil Retail & Fino Payment Bank. Here's Why? |url=https://www.businesstoday.in/bt-tv/market-today/video/ventura-securities-vinit-bolinjkar-sees-growth-in-cantabil-retail-fino-payment-bank-heres-why-449906-2024-10-14 |access-date=2024-10-21 |website=Business Today |language=en}}</ref>
== Operations ==
Cantabil's manufacturing facility is located in [[Bahadurgarh]], Haryana, and spans 1.5 lakh sq. ft.<ref>{{cite web |title=Cantabil's Manufacturing Facility |url=https://www.icicidirect.com/cantabil-manufacturing |accessdate=October 21, 2024}}</ref> The facility has an annual production capacity of 1.5 million garments.<ref>{{cite web |title=Cantabil Production Capacity |url=https://www.moneycontrol.com/cantabil-manufacturing |accessdate=October 21, 2024}}</ref> The company follows an integrated business model that includes designing, manufacturing, and retailing.<ref>{{cite web |title=Cantabil Business Model |url=https://www.icicidirect.com/cantabil-business-model |accessdate=October 21, 2024}}</ref> This model allows for greater control over quality and cost management.<ref>{{Cite web |last=www.ETRetail.com |title=Cantabil Retail profit falls, sales rise in Q1FY25 - ET Retail |url=https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/cantabil-retail-profit-falls-sales-rise-in-q1fy25/112523391 |access-date=2024-10-21 |website=ETRetail.com |language=en}}</ref>
== Financial Information ==
Cantabil is a publicly traded company, listed on the [[Bombay Stock Exchange]] (BSE) and the [[National Stock Exchange of India|National Stock Exchange]] (NSE) under the ticker symbol CANTABIL.<ref>{{cite web |title=Cantabil Retail India Stock Information |url=https://www.bseindia.com/cantabil-stock |accessdate=October 21, 2024}}</ref> For the financial year ending March 2024, Cantabil reported a revenue of ₹6.16 billion, reflecting an 11.52% growth compared to the previous year.<ref>{{cite web |title=Revenue Growth for FY 2024 |url=https://stockanalysis.com/revenue-report-cantabil/ |accessdate=October 21, 2024}}</ref> Analysts have projected growth in demand in the second half of 2024, driven by a stronger retail presence and improved consumer spending.<ref>{{cite web |title=Cantabil Retail India: Demand to Pick Up from H2; Valuations Attractive |url=https://www.moneycontrol.com/news/business/stocks/cantabil-retail-india-demand-to-pick-up-from-h2-valuations-attractive-12832106.html |accessdate=October 21, 2024}}</ref><ref>{{cite web |title=Cantabil Retail India Standalone Net Profit Declines in June 2024 Quarter |url=https://www.business-standard.com/markets/capital-market-news/cantabil-retail-india-standalone-net-profit-declines-7-01-in-the-june-2024-quarter-124081301590_1.html |accessdate=October 21, 2024}}</ref><ref>{{Cite web |title=Cantabil Retail India’s Net Profit Drops 7% In Q1FY25 |url=https://businessworld.in/article/cantabil-retail-india%E2%80%99s-net-profit-drops-7-in-q1fy25-529596 |access-date=2024-10-21 |website=BW Businessworld |language=en}}</ref>
== Expansion ==
Cantabil is focusing on expanding its retail network, especially in Tier 2 and Tier 3 cities across India.<ref>{{cite web |title=Retail ET: Cantabil's Investment in Tier II Cities |url=https://retail.economictimes.indiatimes.com/news/apparel-fashion/cantabil-to-invest-rs-20-crore-to-penetrate-deeper-into-tier-ii-cities-and-beyond/112889910 |accessdate=October 21, 2024}}</ref><ref>{{Cite web |last=News-Desk |first=Apparel Resources |date=2024-08-30 |title=Cantabil to invest Rs. 20 crore for deeper penetration into Tier-2 cities and beyond {{!}} Retail News India |url=https://apparelresources.com/business-news/retail/cantabil-invest-rs-20-crore-deeper-penetration-tier-2-cities-beyond/ |access-date=2024-10-21 |website=Apparel Resources |language=en-US}}</ref> The company has set a target for a 15% volume growth in the fiscal year 2025.<ref>{{cite web |title=Cantabil Retail Targets 15% Volume Growth in FY25 |url=https://www.ndtvprofit.com/business/cantabil-retail-targets-15-volume-growth-in-fy25 |accessdate=October 21, 2024}}</ref><ref>{{Cite web |last=Jain |first=Shakshi |title=Cantabil eyes 25% topline growth in FY25; to open 90 new stores this fiscal |url=https://www.deccanherald.com/business/companies/cantabil-eyes-25-topline-growth-in-fy25-to-open-90-new-stores-this-fiscal-3039576 |access-date=2024-10-21 |website=Deccan Herald |language=en}}</ref> Additionally, it has invested in expanding its manufacturing capabilities and improving supply chain management to meet rising demand.<ref>{{cite web |title=Ventura Securities: Growth Prospects for Cantabil |url=https://www.businesstoday.in/bt-tv/market-today/video/ventura-securities-vinit-bolinjkar-sees-growth-in-cantabil-retail-fino-payment-bank-heres-why-449906-2024-10-14 |accessdate=October 21, 2024}}</ref><ref>{{Cite web |last=Team |first=afaqs! Content |title=afaqs! Pause - Deepak Bansal, Director, Cantabil Retail India Ltd. |url=https://www.afaqs.com/afaqs-pause/afaqs-pause-deepak-bansal-director-cantabil-retail-india-ltd |access-date=2024-10-21 |website=www.afaqs.com |language=en}}</ref><ref>{{Cite web |date=2024-09-09 |title=Cantabil Opens Four New Delhi Sites - Retail & Leisure International |url=https://www.rli.uk.com/cantabil-opens-four-new-delhi-sites/ |access-date=2024-10-21 |language=en-GB}}</ref>
== See also ==
* [[Retailing in India]]
* [[List of companies of India]]
== References ==
{{reflist}}
== External links ==
* [https://www.cantabilinternational.com Cantabil's Official Website]
[[Category:1989 establishments in India]]
[[Category:Clothing companies of India]]
[[Category:Companies based in New Delhi]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Indian brands]]
[[Category:Retail companies established in 1989]]
[[Category:Manufacturing companies of India]]
[[Category:Clothing retailers]]