Campus Activewear Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, disclosing a total workforce of 11,632 individuals and maintaining a zero-fatality record across its operations. The filing, made on a standalone basis as the company has no subsidiaries, outlines the firm’s adherence to Environmental, Social, and Governance (ESG) principles under the oversight of its six-member Board of Directors. The report underscores significant investments in safety training, covering 100% of employees, and environmental initiatives aimed at reducing emissions and water consumption.

Workforce and Governance Structure

The company’s workforce comprises 980 permanent employees and 10,652 other-than-permanent workers. Women constitute 6.4% of permanent employees and 26% of non-permanent workers. The organization employs 14 differently abled individuals, with facilities equipped with elevators and staff assistance to ensure accessibility as per the Rights of Persons with Disabilities Act, 2016.

Governance remains centralized at the Board level, which retains overall responsibility for sustainability policies without a dedicated sustainability committee. The Board includes one female director, representing 17% of the total. During the reporting period, the company reported no material instances of corruption or conflicts of interest.

Key Workforce Statistics

Operational Safety and Training

Safety protocols include daily safety walks, Hazard Identification and Risk Assessment (HIRA) exercises, and periodic internal and third-party audits. The company achieved 100% coverage for health and safety training among employees and conducted 100% performance and career development reviews. While all Board members and Key Managerial Personnel received training, participation rates were 82% for employees and 61% for workers in broader functional and behavioral competency programs.

Environmental Performance and Initiatives

Environmental efforts focused on emission control and resource efficiency. Key initiatives included procuring BS IV compliant DG sets, installing RECD kits, and implementing wet scrubbers. Water conservation measures involved Sewage Treatment Plants (STP) installation and capacity enhancements to promote recycling. The company also complied with Extended Producer Responsibility (EPR) requirements and maintained waste management frameworks aligned with Central Pollution Control Board (CPCB) regulations.

Sustainability Initiatives

Financial Context and Stakeholder Engagement

For FY25-26, Campus Activewear reported a turnover of ₹17,74,11,79,709.82 and a net worth of ₹9,06,23,80,545.85. The company engages stakeholders through multiple channels, including investors, customers, and communities. It is a member of three trade chambers, including the Confederation of Indian Industries (CII) and the PHD Chamber of Commerce and Industry. CSR initiatives focused on education, healthcare, and sports, benefiting over 76,000 individuals across various programs.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE278Y01022/15ad8908c4a0433d.pdf

Campus Activewear Limited reported an 11.4% year-on-year increase in revenue from operations to ₹1,774.10 crore for FY26, driven by volume growth and successful premiumisation of its product portfolio. Profit after tax (PAT) surged 23.8% to ₹150.09 crore, reflecting improved operational efficiency and margin expansion. The company also marked a strategic milestone by launching its first athleisure apparel range in January 2026, broadening its addressable market beyond footwear. Shareholders are set to benefit from a recommended final dividend of ₹1.50 per share, subject to approval at the upcoming Annual General Meeting.

The financial performance was underpinned by a 4.2% rise in sales volume to 2.59 crore pairs and a 6.9% improvement in average selling price (ASP) to ₹683 per pair. This pricing power was largely attributed to the doubling of the sneaker portfolio volume, which commands realisations above ₹900 per pair. EBITDA grew 21.9% to ₹314.73 crore, expanding margins to 17.5% from 16.07% in the previous year. Return on Capital Employed (ROCE) strengthened to 22.33%, while Return on Equity (ROE) improved to 18.05%, indicating efficient capital utilisation despite investments in new manufacturing capacity.

Operational Highlights and Strategic Expansion

Campus Activewear’s vertically integrated manufacturing ecosystem continued to provide a competitive edge, with over 90% of raw materials sourced domestically and final assembly conducted in-house. The commencement of commercial production at the Pantnagar facility in January 2026 has further enhanced its premium manufacturing capabilities. The company’s distribution network expanded to over 29,000 retail touchpoints across 800 districts, supported by a robust Direct-to-Consumer (D2C) channel that contributed approximately 48% of total revenue. Online sales remained strong, with over 7.94 million pairs sold through digital platforms.

The extension into the athleisure apparel category represents a significant diversification strategy. Initially launched across 60+ Exclusive Brand Outlets (EBOs) and key e-commerce platforms like Amazon and Myntra, the apparel line aims to improve per-store economics and deepen consumer engagement. Management noted that the women’s and kids’ categories were standout growth drivers, with the women’s segment growing close to 30% year-on-year and contributing to a combined revenue share of around 21.4% for women and kids.

Governance and Dividend

The Board of Directors has recommended a final dividend of 30% on the face value of equity shares, amounting to ₹1.50 per share. The record date for determining shareholder eligibility is fixed as July 31, 2026. The dividend payout is in line with the company’s Dividend Distribution Policy and is subject to shareholder approval at the 18th Annual General Meeting scheduled for August 20, 2026.

Corporate governance remains robust, with the re-appointment of four independent directors—Anil Kumar Chanana, Jai Kumar Garg, Madhumita Ganguli, and Nitin Savara—for a second term of five years each. The company also proposed modifications to its Employee Stock Option Plan 2021 – Vision Pool, increasing the option pool from 18 lakh to 33 lakh shares to aid in talent retention. Statutory auditors B S R and Co. issued an unqualified opinion on the financial statements, confirming adherence to Indian Accounting Standards (Ind AS).

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE278Y01022/09126f6b-1e85-45d0-93d0-5932ef530eef.pdf