Cantabil Retail India Limited , a leading integrated retail player in India's apparel industry, has announced strong financial results for the first quarter, demonstrating significant growth across key metrics.

Financial Highlights

The company reported a robust 24% year-on-year increase in revenue from operations, reaching ₹158.70 crore for Q1, compared to ₹127.60 crore in the same quarter last year. This growth was driven by higher footfalls and improved conversions.

Profitability also saw substantial improvement:

• EBITDA grew by 24% to ₹49.00 crore, maintaining a healthy EBITDA margin of 30.80%.
• Profit After Tax (PAT) increased by 29% to ₹14.70 crore, with the PAT margin expanding to 9.20% from 8.90% in the previous year's Q1.

Operational Performance

Cantabil Retail demonstrated strong operational execution during the quarter:

• Same-Store Sales Growth (SSG) stood at an impressive 11.30%, reflecting strong brand recall and customer loyalty.
• The company expanded its retail presence, operating 605 stores across 295 cities in 20 states, with a total retail area of 8.06 lakh sq. ft.
• Average Basket Value (ABV) improved to ₹4,174, up from ₹3,768 in the previous year's Q1.
• Average Selling Price (ASP) increased to ₹1,043, compared to ₹978 in the same period last year.

Strategic Developments

The Board of Directors has recommended a final dividend of ₹0.50 per equity share (25% on face value of ₹2) for the previous financial year, subject to shareholder approval at the upcoming Annual General Meeting on September 9.

Additionally, the company announced key management changes:

• Mr. Rajeev Sharma's continuation as Independent Director was approved, pending shareholder approval.
• Mr. Basant Goyal was appointed as Whole Time Director for a 5-year term, subject to shareholder approval.

Management Commentary

Mr. Vijay Bansal, Chairman & Managing Director of Cantabil Retail India Limited, commented on the results: "We are pleased to report a strong start to the fiscal year, with robust performance across all key financial and operational metrics. The double-digit same-store sales growth, alongside 24% revenue growth and 29% increase in PAT, reflects the growing momentum of our business and the strength of our execution."

He added, "Our differentiated value proposition — combining fresh, trend-led fashion with exceptional affordability and quality — continues to resonate strongly across markets. With a resilient business model, strong balance sheet, and growing consumer loyalty, we are confident in our ability to sustain momentum and reinforce our leadership in India's value fashion space."

Outlook

The company remains optimistic about future growth prospects, citing improving consumer sentiment and favorable macro indicators such as the forecast of an above-normal monsoon, which is expected to lift rural demand and overall discretionary spending.

Cantabil Retail India Limited continues to focus on expansion, innovation, and enhancing customer experience to capitalize on emerging opportunities in the Indian apparel market.

Cantabil Retail India Limited , a leading integrated apparel retailer, has announced strong financial results for the first quarter, demonstrating robust growth across key metrics.

Financial Highlights

The company reported a 29% year-on-year increase in net profit, reaching ₹14.70 crore for Q1, compared to ₹11.40 crore in the same period last year. This growth was supported by a 24% rise in revenue from operations, which stood at ₹159.00 crore, up from ₹128.00 crore in the corresponding quarter.

Cantabil's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw a significant boost, growing by 24% to ₹49.00 crore, maintaining a healthy EBITDA margin of 30.80%.

Operational Performance

The company's operational metrics were equally impressive, with same-store sales growth (SSG) reaching a robust 11.30%. This strong performance reflects the brand's growing appeal and effective execution of its retail strategy.

Cantabil continued its expansion, adding 6 new stores during the quarter, bringing its total store count to 605 across 295 cities in 20 states. The company's total retail area increased to 8.06 lakh sq. ft., up from 6.79 lakh sq. ft. in the previous year.

Key Performance Indicators

• Volume growth for the quarter stood at an impressive 17.48% year-on-year.

Management Commentary

Vijay Bansal, Chairman & Managing Director of Cantabil Retail India Limited, expressed satisfaction with the company's performance: "We are pleased to report a strong start to the fiscal year, with robust performance across all key financial and operational metrics. The double-digit same-store sales growth, alongside 24% revenue growth and 29% increase in PAT, reflects the growing momentum of our business and the strength of our execution."

Bansal also noted the improving consumer sentiment and the potential positive impact of an above-normal monsoon forecast on rural demand and overall discretionary spending.

Future Outlook

The company remains optimistic about its growth prospects, citing its strong brand equity, agile execution capabilities, and wide-reaching retail presence as key advantages in capturing emerging opportunities in India's value fashion space.

Corporate Updates

In its board meeting, Cantabil approved several key decisions:

1. Recommended a final dividend of ₹0.50 per equity share for the previous fiscal year, subject to shareholder approval.
2. Approved the re-appointment of Mr. Basant Goyal as Whole Time Director for a period of 5 years.
3. Appointed M/s. DPV & Associates LLP as the Secretarial Auditor for the next five fiscal years.

With its strong financial performance, expanding retail footprint, and strategic corporate decisions, Cantabil Retail India Limited appears well-positioned to capitalize on the growing demand in India's fashion retail market.