Campus Activewear Q1 FY27 Revenue Climbs 12.2% to ₹385.2 Crore

Campus Activewear reported Q1 FY27 revenue from operations of ₹385.2 crore, versus ₹343.3 crore a year earlier. Sales volume rose 11.7% year-on-year to 57.1 million pairs, while average selling prices remained broadly stable.

— Source publishedThu, 6 Aug, 2026, 18:07 IST·First seen Thu, 6 Aug, 2026, 18:14 IST·Source Apparel Resources India

What happened

Campus Activewear reported Q1 FY27 revenue from operations of Rs 385.2 crore, up 12.2% year-on-year. Sales volume rose 11.7% to 57.1 million pairs, while

Key facts

  • Q1 FY27 revenue from operations: Rs 385.2 crore
  • Revenue growth: 12.2% YoY
  • Q1 FY26 revenue from operations: Rs 343.3 crore
  • Sales volume: 57.1 million pairs
  • Sales volume growth: 11.7% YoY
  • ASP remained largely stable

Why this matters

Campus’s expanding 57.1 million-pair quarterly volume reinforces its scale in value footwear, but stable pricing highlights the importance of differentiated products or channels in any strategic assessment.

What to watch

  • Quarterly volume growth relative to the 11.7% Q1 pace.
  • Average selling price movement, especially whether mix or pricing turns positive in H2.
  • Gross-margin and EBITDA-margin trends versus revenue growth.
  • Inventory levels, channel stocking and the extent of discounting during festive sales.
  • Store additions, distributor expansion and e-commerce/direct-to-consumer contribution.
  • Rubber, EVA, synthetic-material and freight-cost movements.
  • Demand commentary from value-fashion, sportswear and footwear peers.
  • Expand inventory and retail availability ahead of the back-to-school and festive demand periods.
  • Prioritize high-velocity value and athleisure SKUs while using selective launches to improve product mix.
  • Increase distribution productivity through stronger presence in tier-2 and tier-3 markets and marketplace channels.
  • Seek procurement, manufacturing and logistics efficiencies to convert volume growth into margin expansion.
  • Maintain promotional discipline to avoid sacrificing ASP and gross margin in a competitive footwear market.