Cantabil Retail India Limited , a prominent fashion apparel company, has reported robust financial results for the first quarter, demonstrating strong growth across key metrics.

Financial Highlights

• Revenue from operations surged by 24% year-over-year to Rs. 159.00 crores
• EBITDA grew by 24% to Rs. 49.00 crores, maintaining a margin of 30.80%
• Profit After Tax (PAT) increased by 29% to Rs. 14.70 crores, with margins improving to 9.20%
• Same-store sales growth (SSG) of 11.30%
• Volume growth of 17.48%

Operational Performance

Cantabil's strong performance was underpinned by its expanding retail footprint and improved operational efficiency:

• Total store count reached 605 across India, covering 8.06 lakh square feet of retail space
• Added 24 new stores while closing 18 during the quarter, resulting in a net addition of 6 stores
• Manufacturing capacity utilization stands at 85-90% of the 1.80 million garments annual capacity
• E-commerce contributes 6% of sales and operates at breakeven

Strategic Initiatives and Outlook

The company's management shared insights on its growth strategy and future outlook:

• Targeting Rs. 1,000.00 crores revenue by FY27 with 20-22% CAGR
• Plans to expand e-commerce to 8-10% of sales over the next two years
• Expects 5-7% same-store sales growth and 20% overall growth
• Planned CAPEX of Rs. 20-25 crores for warehousing and plant capacity expansion

Management Commentary

Vijay Bansal, Chairman and Managing Director of Cantabil Retail India Limited, stated, "Following a landmark year, we are pleased to report a strong and confident start. The Company delivered same store sales growth, SSG, of 11.30%; revenue growth of 24%; and PAT growth of 29%, demonstrating operational discipline, brand strength, and customer loyalty, even amid a challenging retail landscape."

Shivendra Nigam, Chief Financial Officer, added, "These results affirm the strength of our business model and our ability to drive consistent high-quality growth. We continue to scale efficiently with a total of 605 stores across the country."

Market Performance

The company's performance was supported by positive macroeconomic factors:

• Strong marriage season
• Rebound in macroeconomic sentiments
• Interest rate cut by the RBI
• Income tax benefits in the last budget

Cantabil's growth was evenly distributed across geographies and tiers, with Delhi, Rajasthan, and Uttar Pradesh being the top contributors to sales.

As Cantabil Retail India Limited continues to execute its strategic roadmap, the company remains well-positioned to capitalize on the growing Indian fashion apparel market, leveraging its brand strength and expanding retail presence.

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.