Campus Activewear Limited has accepted the resignation of Mr. Sanjay Chhabra as Chief Financial Officer (CFO), effective from the close of business hours on July 7, 2026. The resignation was submitted due to personal reasons. Consequently, Chhabra has ceased to be a Key Managerial Personnel under Section 203 of the Companies Act 2013 and has also stepped down from the position of Chief Risk Officer appointed under Regulation 21 of the SEBI LODR Regulations.

The disclosure was made to the stock exchanges on June 12, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the cessation of roles is effective July 7, 2026.

Key Cessation Details

The following table outlines the key details of the cessation as disclosed to the stock exchanges:

CFO Appointment in Process

Campus Activewear is currently in the process of appointing a new Chief Financial Officer. The company stated that the appointment will be communicated to the stock exchanges in due course. Archana Maini, General Counsel and Company Secretary of Campus Activewear, signed the disclosure submitted to BSE Limited and National Stock Exchange of India Ltd.

Campus Activewear Limited has reported a 23.9% year-on-year increase in profit after tax (PAT) to ₹150.1 crore for the financial year ended March 31, 2026. Revenue from operations for FY26 rose 11.4% to ₹1,774.1 crore, compared to ₹1,593.0 crore in the previous year. The Board of Directors has recommended a final dividend of ₹1.50 per equity share, subject to shareholder approval at the 18th Annual General Meeting scheduled for August 20, 2026.

Q4 Financial Performance

For the quarter ended March 31, 2026, revenue from operations increased by 12.3% year-on-year to ₹455.6 crore. PAT for the quarter grew by 25.8% to ₹44.1 crore. EBITDA stood at ₹88.5 crore, with the margin expanding by 51 basis points to 19.2%. The company attributed the revenue growth to higher distribution channel sales and a volume growth of 10.6% to 6.8 million pairs.

Operational Highlights

The average selling price (ASP) grew by 1.5% year-on-year to ₹668 in Q4 FY26. For the full year FY26, the ASP increased by 6.9% to ₹683. The company sold 26 million pairs during FY26, a volume growth of 4.2% year-on-year. The Return on Capital Employed (ROCE) for FY26 was recorded at 22.4%, while Return on Equity stood at 18.1%. The Direct-to-Consumer (D2C) channels contributed 48.3% to the revenue mix during Q4 FY26.

Strategic Developments

The company's sneaker portfolio recorded robust growth of 109% year-on-year, contributing 12.7% to overall volumes. Campus Activewear maintained its exclusive brand outlet (EBO) network at 300 stores. Production at integrated manufacturing facilities in Paonta Sahib and Pant Nagar stabilized at nearly 2 lakh pairs per month. The company launched nearly 250 new SKUs during FY26 and unveiled a new brand identity.

Corporate Governance

The Board approved the re-appointment of Mr. Nikhil Aggarwal as Whole-time Director and CEO, and re-appointed Mr. Anil Kumar Chanana, Mr. Nitin Savara, Mrs. Madhumita Ganguli, and Mr. Jai Kumar Garg as Non-Executive Independent Directors for a second term of five years. The record date for the final dividend has been fixed as July 31, 2026. M/s Ernst & Young LLP was appointed as the internal auditor for FY27. The statutory auditors, M/s B S R and Co., LLP, issued an unmodified opinion on the financial results.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE278Y01022/85a5968b-c7a9-4b71-be86-182ad2f5f4e1.pdf