StockWatch
·

Campus Activewear Ltd Q4 FY26 Results

CAMPUSQ4 FY26 Results
Filing
MetricValue (₹ Cr)Q3 FY26Q4 FY25
Revenue455.6322.6%12.3%
Total Income461.6822.3%12.3%
Expenditure402.9020.7%10.9%
PBT58.7831.7%23.5%
Net Profit44.1430.7%26.0%
OPM18.10%0.63pp0.49pp
NPM9.56%1.16pp1.04pp
EPS1.4430.8%25.2%
View full financials

Campus Activewear FY26 Revenue Up 11.4% YoY to ₹1774.1 Cr

25 May 2026 · 25 May, 5:12 pm

Summary

Campus Activewear Limited announced strong financial results for Q4 and FY26, with full-year revenues reaching INR 1,774.1 Cr, up 11.4% year-on-year, and Profit After Tax (PAT) growing by 23.9% to INR 150.1 Cr. The fourth quarter also demonstrated robust performance, with revenue from operations increasing by 12.3% year-on-year to INR 455.6 Cr, and PAT growing by 25.8% to INR 44.1 Cr. Both EBITDA and PAT margins expanded significantly during the year and quarter, reflecting improved operational efficiency. CEO Mr. Nikhil Agarwal highlighted that exceeding the INR 1,770 crore revenue milestone was driven by expanded distribution, increased online sales, and a better product mix, particularly the 109% growth in the sneaker portfolio and a 6.9% rise in ASP for FY26. Despite inflationary pressures, the company remains committed to innovation and a consumer-first approach, aiming to strengthen its position in the Indian market.

Key Highlights

  1. 1

    Campus Activewear Limited reported revenues of INR 1,774.1 Cr in FY26, marking an 11.4% year-on-year increase.

  2. 2

    Profit After Tax (PAT) for FY26 stood at INR 150.1 Cr, registering a significant growth of 23.9% year-on-year.

  3. 3

    In Q4 FY26, revenue from operations surged by 12.3% year-on-year to INR 455.6 Cr, primarily driven by higher distribution channel sales.

  4. 4

    EBITDA margin expanded by 145 bps year-on-year to 17.5% in FY26 and by 51 bps to 19.2% in Q4 FY26.

  5. 5

    The company's sales volume grew by 4.2% year-on-year to 26 million pairs in FY26, with the Average Selling Price (ASP) increasing by 6.9% year-on-year to INR 683.

  6. 6

    The sneaker portfolio recorded robust growth of 109% year-on-year, contributing 12.7% to overall volumes.

  7. 7

    Campus maintained a stable exclusive brand outlet (EBO) network of 300 stores and stabilized production at its integrated manufacturing facilities at nearly 2 lakh pairs per month.

Management Comments

N

Nikhil Agarwal

We are pleased to have surpassed the INR 1,770 crore plus revenue milestone in FY26, reflecting strong growth of 11.4% during the year. This performance was driven by our continued focus on expanding distribution, increasing online sales, and improving product mix, which supported a higher average selling price (ASP). Our ASP rose 7% year-on-year to INR 683, led by strong demand for our sneaker portfolio and improved traction in women’s and kids’ segments, further strengthening Campus as a trusted family brand. As pioneers in delivering premium sneakers at accessible price points, we remain committed to democratizing high-quality, design-led footwear. Our sneaker portfolio recorded robust growth by 109% YoY, contributing 12.7% to overall volumes and underscoring strong consumer acceptance. The premiumisation trends remain favourable, with ASP growth of 6.9% YoY to INR 683 during FY26 supported by a higher share of premium SKUs and strong market response to our refreshed collections. During the year, we elevated our brand positioning with the unveiling of a new identity by Shri Gautam Gambhir, former Indian cricketer and current head coach of the Indian men’s team. This marks Campus’ evolution into a more culture-driven, future-ready brand that resonates with a generation defined by individuality, movement, and self-expression. We continued to capture mind share of our customers by launching nearly 250 new SKU’s during FY26. While we focused on profitability over aggressive retail expansion, our exclusive brand outlet (EBO) network remained stable at 300 stores. At the same time, production at our integrated manufacturing facilities in Paonta Sahib and Pant Nagar has stabilised at nearly 2 lakh pairs per month, enabling us to effectively cater to rising sneaker demand and other fast-moving categories. We maintained robust working capital discipline even as we undertook capacity expansion during the year. Our balance sheet remains strong, with healthy return ratios, including Return on Equity and Return on Capital Employed at 18.1% and 22.4%, respectively. Amid evolving geopolitical developments, we are witnessing inflationary pressures in certain raw materials. We have proactively mitigated the impact through calibrated price increases across selected SKUs. Looking ahead, we remain firmly anchored to our long-term strategy of innovation, agility, and a consumer-first approach. Backed by a portfolio driven by technology, design responsiveness, and evolving lifestyle trends, Campus is well-positioned to further strengthen its standing as a dependable everyday brand for young India.

Informational and educational content only. Not investment advice.