Campus Activewear Q1 FY27 profit rises 17.7% as revenue gains 12.2%
Campus Activewear reported Q1 FY27 net profit of Rs 26.1 crore and revenue of Rs 385.2 crore, with Women’s and Kids’ categories supporting growth. EBITDA rose 13.3% to Rs 62.7 crore as the company held margins despite higher input and labour costs and launched Élan by Campus.
What happened
Campus Activewear reported Q1 FY27 profit growth of 17.7% and revenue growth of 12.2%, driven by Women’s and Kids’ categories. It protected margins despite
Key facts
- Q1 FY27 net profit: Rs 26.1 crore, up 17.7% YoY
- Revenue: Rs 385.2 crore, up 12.2% YoY
- Sales volume: 57.1 million pairs, up 11.7% YoY
- Average selling price: Rs 674 per pair, versus Rs 671
- EBITDA: Rs 62.7 crore, up 13.3% YoY
- EBITDA margin: 15.9%
- Net profit margin: 6.6%, up 20 basis points
- India branded sports and athleisure footwear market share: about 17%
- Manufacturing plants: 7
- Annual capacity: 30.7 million pairs
- Distribution: 260+ distributors, 31,000+ retailers, 305+ exclusive stores
Why this matters
Campus’s growth in adjacent consumer segments and premium-brand extension strengthens its strategic positioning, though future deal value will depend on sustaining margin discipline and category-led growth.
What to watch
- Quarterly EBITDA margin versus the 15.9% Q1 FY27 level and whether gross-margin gains offset labour, material and promotional costs.
- Revenue growth and share of sales from Women’s, Kids’ and Élan, including evidence of higher average selling prices.
- Inventory growth relative to revenue growth, channel inventory days and any increase in discounting or clearance activity.
- Management commentary on rubber, EVA, synthetic-material, wage and freight-cost trends.
- Distribution additions, e-commerce growth, franchise/store productivity and retailer reorder rates.
- Marketing expenditure as a percentage of revenue following the Élan launch and its effect on operating leverage.
- Scale Élan selectively through high-visibility stores and digital channels while testing price points, repeat purchases and gross-margin contribution before wider rollout.
- Prioritize Women’s and Kids’ assortment depth, where category growth can improve mix and reduce exposure to highly promotional core men’s footwear.
- Use demand and inventory data to tighten replenishment by region and channel, limiting markdowns as the assortment expands.
- Seek vendor productivity, material substitutions and manufacturing automation to offset labour and input-cost inflation without lowering product quality.
- Increase brand marketing around lifestyle and family footwear, but link spend to measurable conversion and full-price sell-through rather than only reach.