Campus Activewear FY26 PAT rises 23.9% to ₹150.1 crore
Campus Activewear reported a 23.9% YoY increase in PAT to ₹150.1 crore for FY26, with revenue growing 11.4% to ₹1,774.1 crore. Q4 PAT grew 25.8% to ₹44.1 crore, driven by a 12.3% revenue increase. The company recommended a final dividend of ₹1.50 per share and maintained its EBO network at 300 stores while expanding its sneaker portfolio.

*this image is generated using AI for illustrative purposes only.
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.
| Metric (₹ Cr) | Q4 FY26 | Q4 FY25 | FY26 | FY25 |
|---|---|---|---|---|
| Revenue | 455.6 | 405.7 | 1,774.1 | 1,593.0 |
| PAT | 44.1 | 35.1 | 150.1 | 121.2 |
| EBITDA | 88.5 | 76.7 | 314.7 | 258.2 |
| EBITDA Margin | 19.2% | 18.7% | 17.5% | 16.1% |
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
Historical Stock Returns for Campus Activewear
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.17% | +2.43% | +0.47% | -9.04% | -16.37% | -37.23% |
How will the new brand identity and 250 new SKUs impact market share and consumer perception in the upcoming fiscal year?
What are the company's capital allocation plans to sustain the 22.4% ROCE given the stabilized production capacity?
Will the company expand its exclusive brand outlet network beyond 300 stores to further support D2C growth?

































