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

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.