Cantabil Retail India Reports High Single-Digit Same-Store Sales Growth and Expands Footprint
Cantabil Retail India has reported high single-digit growth in same-store sales and added 25 new stores in Q2, bringing its total to 630 outlets. The company's retail space grew by 21% to 8.48 lakh square feet. Q2 performance showed improvements in Average Billing Value (₹3,890) and Average Selling Price (₹826). For H1, revenue increased by 20% to ₹334.70 crores, EBITDA rose 23% to ₹91.10 crores, and PAT grew 19% to ₹21.40 crores. The company is focusing on omni-channel retail, increasing average billing value, and brand premiumization to achieve double-digit sales growth.

*this image is generated using AI for illustrative purposes only.
Cantabil Retail India , a prominent player in the Indian apparel industry, has reported high single-digit growth in same-store sales, demonstrating strong performance in its existing retail locations. The company has also announced a significant expansion of its retail network, adding 25 new stores during the second quarter. This strategic move brings the company's total store count to 630 outlets, marking a substantial increase in its market presence.
Retail Expansion and Growth Strategy
The company's expansion strategy has resulted in a 21% growth in retail space, now totaling 8.48 lakh square feet. This expansion underscores Cantabil's commitment to enhancing its accessibility to customers across India.
Key Performance Indicators
Cantabil has reported encouraging performance metrics for Q2:
| Metric | Q2 Current | Q2 Previous | Growth |
|---|---|---|---|
| Average Billing Value (ABV) | ₹3,890.00 | ₹3,610.00 | 7.76% |
| Average Selling Price (ASP) | ₹826.00 | ₹783.00 | 5.49% |
| Same Store Sales Growth (SSG) | 2.70% | - | - |
The company's focus on increasing the Average Billing Value (ABV) and Average Selling Price (ASP) has shown positive results, with both metrics showing year-on-year growth.
Financial Performance
For the first half of the current fiscal year, Cantabil has posted strong financial results:
| Metric | H1 Current | H1 Previous | Growth |
|---|---|---|---|
| Revenue | ₹334.70 crores | ₹278.70 crores | 20.00% |
| EBITDA | ₹91.10 crores | ₹73.90 crores | 23.00% |
| PAT | ₹21.40 crores | ₹18.00 crores | 19.00% |
The company's revenue growth of 20% year-on-year demonstrates the effectiveness of its expansion strategy and operational improvements.
Strategic Focus
Cantabil is pursuing a multi-pronged strategy to achieve double-digit sales growth:
- Omni-channel Retail: Enhancing its presence across both physical and digital platforms.
- Increasing Average Billing Value: Focusing on upselling and cross-selling to boost transaction values.
- Brand Premiumization: Elevating the brand positioning to capture higher-value market segments.
Volume Growth and Efficiency
The company reported a robust volume growth of 10.28% year-on-year for Q2, indicating strong consumer demand for its products. However, the Per Square Foot (PSF) metric saw a slight decline from ₹664.00 in the previous Q2 to ₹650.00 in the current Q2, suggesting that while sales volume has increased, there may be room for improvement in space utilization efficiency.
Outlook
With its expanded retail footprint, high single-digit same-store sales growth, and strategic focus on omni-channel operations, Cantabil Retail India appears well-positioned to capitalize on the growing demand in the Indian apparel market. The company's ability to maintain strong same-store sales growth while expanding its network will be crucial for sustaining its growth trajectory in the competitive retail landscape.
As Cantabil continues to execute its expansion plans and strategic initiatives, investors and industry observers will be watching closely to see how these efforts translate into long-term value creation and market share gains in the dynamic Indian retail sector.
Historical Stock Returns for Cantabil Retail
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.63% | +1.35% | +1.09% | +12.64% | +12.80% | +293.39% |



































