| Revenue growth | Revenue +16.9% YoY to ₹452 Cr; no one-time items cited. |
|---|---|
| Margins | EBITDA margin 13.5%, down 50 bps; gross margin 51.4% vs 53.9%. |
| Demand visibility | Subdued consumption; B2C reportedly double-digit; trade channel ~15% sustained. |
| Management confidence | Balanced to optimistic; hedged on margins, repeatedly says 'we believe'. |
Growth
Volume +10.2% to 6.3 mn pairs and ASP +6%. EBITDA +12.5% to ₹62 Cr; PAT +21.3% to ₹24 Cr.
Outlook
FY27 EBITDA margin guided at 17%. Mid-teens FY27 revenue growth is mentioned but not quantified. No FY28 numbers given.
Risks
Implied H2 EBITDA margin of about 19% is needed for the 17% FY27 target. Input inflation persists, and ₹125 Cr GST credit is stuck for 12–18 months.
Last quarter's promises, checked
Delivered
- Volume 'high single digits' floor → +10.2% (= BEAT)
- FY27 'mid-double-digit' revenue growth → Q2 revenue +16.9% (= BEAT, quarter only)
Partly delivered
- ASP '6–7% at least' from Q2 → +6% (= PARTIAL, floor only)
- ASP/volume split ~even → ASP +6%, volume +10.2% (= PARTIAL, volume-led)
Missed
- FY27 EBITDA 17–19%, '100% confident' → Q2 13.5% (Q1 15.9%); FY now 17% (= MISS)
- RM inflation 'fully absorbed' → 'input inflation persists'; gross margin 51.4% vs 53.9% (= MISS)
Earnings Call Transcript filed with BSE, NSE: CAMPUS. Summary written with AI assistance from the document.
Campus Activewear Ltd: key numbers
- Share price
- ₹207.88
- Market cap
- ₹6,354 Cr
- Revenue (annual)
- ₹1,774 Cr
- Net profit (annual)
- ₹150.1 Cr
- P/E (TTM)
- 41.2×Sector 64.0×
- Promoter holding
- 72.07%-0.01% QoQ
- FII holding
- 5.84%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Campus Activewear Ltd
All →Campus Activewear Investor Presentation: Key Takeaways
Q2FY27 revenue Rs 452 Cr (+16.9% YoY), PAT Rs 24 Cr (+21.3%). H1 PAT Rs 50 Cr (+19.4%). EBITDA margin compressed to 13.5% on gross margin decline and inventory build.
Campus Activewear Results Update
Campus Activewear reported a 16.9% YoY revenue increase to ₹452 Crore for Q2FY27. Net profit grew 21.3% to ₹24 Crore, driven by double-digit volume growth.
- Value
- ₹452.0 Cr
- annual assembly capacity
- 31.9 million pairs
Campus Activewear Q2 FY27 Results: Net Profit ₹24.3 Cr, Up 20.9% YoY
Campus Activewear Ltd reported un-audited financial results for the quarter ended September 30, 2026. Revenue from operations reached ₹452.10 Crore with a profit of ₹24.34 Crore.
- Key figure
- Net profit ₹24.3 Cr · +20.9% YoY
Campus Activewear Board Meeting Date
Campus Activewear has scheduled a board meeting for November 5, 2026 to consider unaudited financial results for the quarter and half year ended September 30, 2026. The trading window has been closed since October 1, 2026 and reopens 48 hours after the results.
Campus Activewear Other Announcement
Campus Activewear Ltd has filed its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended September 30, 2026.
Campus Activewear Employee Stock Options
Campus Activewear granted 4,57,700 employee stock options to eligible employees under its ESOP 2021 scheme. The grant is effective from October 7, 2026.