Campus Activewear announced its Q1 FY27 results, reporting a 12.2% increase in revenue and an 11.7% growth in volume. EBITDA margins remained stable at 15.9%, while profit after tax saw a significant rise of 17.7%. The company attributes these strong results to brand resilience, healthy consumer demand, and disciplined execution across its operations.
Campus Activewear Reports Strong Q1 FY27 Performance
Campus Activewear Limited has commenced FY’27 with a robust performance in the first quarter. The company announced a 12.2% year-on-year revenue growth, supported by an 11.7% increase in volume. This financial update highlights the sustained strength of the Campus brand, healthy consumer demand across various categories and channels, and the effectiveness of its disciplined execution strategies.
Key Financial Highlights
In the first quarter, Campus Activewear achieved stable EBITDA margins of 15.9%. Profit after tax demonstrated a significant upward trend, growing by 17.7%. These results were achieved despite navigating a challenging operating environment characterized by geopolitical uncertainties, supply chain volatility, and inflationary pressures on raw materials. The company also absorbed increased labor costs and additional depreciation from new manufacturing facilities.
Strategic Initiatives and Market Position
The company implemented MRP increases of approximately 8% across key product categories, leading to an underlying Average Selling Price (ASP) increase of around 5% in its core Stuck-On category. This was partially offset by accounting adjustments for Walmart businesses and a surge in school shoe revenue. Campus Activewear launched ‘Elan by Campus’, entering the neo-casual footwear segment, and refreshed its brand identity with a new logo. These initiatives underscore the company’s ambition to be a comprehensive lifestyle footwear provider.
Operational Strengths and Future Outlook
Operationally, the company focused on building inventory in anticipation of festive demand, recording its highest ever Q1 production. The brand remains confident in the structural growth of India’s branded footwear market, citing strong brand equity, expanding distribution, product innovation, and enhanced manufacturing capabilities. Campus Activewear anticipates continued sustainable, profitable growth and long-term value creation for its stakeholders.
Source: BSE
