Campus Activewear Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹5,840 Cr
- P/E
- 37.92
- ROE
- 18.00%
- PEG
- 4.37
- Price to sales
- 3.23
- Debt to equity
- 0.26
- 52W high / low
- ₹282 / ₹185
- Sales growth (5Y)
- 20.06%
- EBITDA margin
- 16.37%
- Net profit margin
- 8.44%
- Promoter holding
- 72.08%
- Sales (last year)
- ₹1,816 Cr
Campus Activewear Limited (“Campus”) was incorporated on September 24, 2008, and is one of India’s largest sports and athleisure footwear brands in terms of value and volume. The company manufactures and distributes a variety of footwear like Running Shoes, Walking Shoes, Casual Shoes, Floaters, Slippers, Flip Flops, and Sandals, available in multiple colors, styles, and at affordable prices.[1]
Guidance scorecard · Q1 FY27 call
What Campus Activewear Ltd's management guided
and where it ranks in Consumer Durables
Consumer Durables
RevenueQ1 FY27 call
10–20%- Campus Activewear targets mid-double-digit overall sales growth for FY’27, driven by a mix of volume and ASP increases.
- Volume growth is expected to be high single-digit, supported by strong performance in women’s, kids’, sneakers, and school shoes categories.
- For the upcoming festive season, the company is confident of mid-double-digit growth based on strong manufacturing and inventory buildup.
- Sneaker category is anticipated to grow about 30% this year, contributing significantly to volume growth.
- Company plans to open 90-100 new stores in FY’27, supporting GT and franchise channel expansion.
2 more points from Campus Activewear Ltd's call on revenue
Create a free account to keep reading this call
MarginsQ1 FY27 call
FlatSee what Campus Activewear Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Recent commissioning and ramp-up of new manufacturing facilities at Paonta Sahib and Pantnagar, indicating recent capital investments in manufacturing capabilities.
- Investments in product innovation and brand refresh, including a new logo and new product launches like Elan in the neo-casual footwear segment.
- Expansion plans targeting opening 90 to 100 stores in FY’27, implying ongoing investment in retail network growth.
- Strengthened manufacturing capabilities and focus on operational efficiencies to support sustainable growth.
FundraisingQ1 FY27 call
See what Campus Activewear Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Rising- The company held one of its largest-ever distributor meets recently, receiving record orders.
- This has provided very good visibility of the upcoming festive season demand.
- Manufacturing levels are at an all-time high, with inventory built ahead of the festival season to avoid capacity constraints.
- The company is confident of a mid-double-digit overall annualized growth for the business.
- There is strong demand visibility and positive outlook for the festive season supported by record order inflows.
2 more points from Campus Activewear Ltd's call on the order book
Create a free account to keep reading this call
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Consumer Durables
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Consumer Durables companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹166 Cr | 20.3 | |
| 2 | 40%+ | Up 2%+ | ₹100 Cr | 12.7 | |
| 3 | 40%+ | Up 0–2% | ₹3,249 Cr | 17.4 | |
| 4 | 40%+ | Up 0–2% | ₹2,081 Cr | 18.8 | |
| 5 | 40%+ | Flat | ₹2,429 Cr | 41.1 | |
| 6 | 40%+ | Flat | ₹2,163 Cr | 25.6 |
Sign up free to see every company in the sector ranking and track Campus Activewear Ltd.
Pro shows every company guiding 40%+ revenue growth →Full Consumer Durables rankingFinancials of Campus Activewear Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Campus Activewear Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 348 | 354 | 259 | 472 | 364 | 339 | 333 | 515 | 406 | 343 | 387 | 589 | 456 |
| Expenses + | 291 | 288 | 234 | 416 | 300 | 287 | 295 | 433 | 334 | 294 | 337 | 478 | 373 |
| Operating Profit | 57 | 66 | 24 | 56 | 64 | 52 | 38 | 82 | 71 | 49 | 50 | 110 | 82 |
| OPM % | 16% | 19% | 9% | 12% | 18% | 15% | 11% | 16% | 18% | 14% | 13% | 19% | 18% |
| Other Income + | 1 | 0 | 0 | 1 | 3 | 2 | 3 | 4 | 5 | 6 | 5 | 6 | 6 |
| Interest | 7 | 7 | 6 | 6 | 4 | 4 | 4 | 4 | 6 | 5 | 6 | 7 | 6 |
| Depreciation | 20 | 17 | 18 | 18 | 19 | 16 | 18 | 19 | 23 | 20 | 22 | 22 | 24 |
| Profit before tax | 30 | 42 | 0 | 33 | 44 | 34 | 20 | 63 | 48 | 30 | 27 | 86 | 59 |
| Tax % | 23% | 26% | 14% | 26% | 25% | 26% | 27% | 26% | 26% | 27% | 26% | 26% | 25% |
| Net Profit + | 23 | 31 | 0 | 25 | 33 | 25 | 14 | 46 | 35 | 22 | 20 | 64 | 44 |
| EPS in Rs | 0.75 | 1.03 | 0.01 | 0.82 | 1.07 | 0.83 | 0.47 | 1.52 | 1.15 | 0.73 | 0.66 | 2.08 | 1.44 |
Financials of Campus Activewear Ltd
Profit & Loss
Annual income statement trend
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales + | 410 | 464 | 633 | 711 | 1,194 | 1,484 | 1,448 | 1,593 | 1,774 |
| Expenses + | 357 | 407 | 561 | 596 | 951 | 1,231 | 1,237 | 1,349 | 1,482 |
| Operating Profit | 53 | 57 | 72 | 116 | 243 | 254 | 211 | 244 | 292 |
| OPM % | 13% | 12% | 11% | 16% | 20% | 17% | 15% | 15% | 16% |
| Other Income + | 18 | 26 | 36 | 4 | 1 | 3 | 4 | 15 | 23 |
| Interest | 20 | 14 | 13 | 17 | 20 | 29 | 23 | 19 | 24 |
| Depreciation | 8 | 9 | 20 | 32 | 53 | 71 | 72 | 75 | 88 |
| Profit before tax | 42 | 60 | 75 | 70 | 172 | 157 | 120 | 164 | 202 |
| Tax % | 25% | 33% | 20% | 62% | 37% | 25% | 25% | 26% | 26% |
| Net Profit + | 31 | 40 | 60 | 27 | 109 | 117 | 89 | 121 | 150 |
| EPS in Rs | 3,233.30 | 4,129.50 | 3.97 | 1.77 | 3.57 | 3.84 | 2.93 | 3.97 | 4.91 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 25% | 31% |
Financials of Campus Activewear Ltd
Balance Sheet
Capital structure and asset base
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 152 | 152 | 152 | 152 | 153 | 153 | 153 |
| Reserves | 160 | 203 | 133 | 161 | 275 | 400 | 499 | 604 | 641 |
| Borrowings + | 127 | 127 | 245 | 177 | 289 | 335 | 178 | 232 | 381 |
| Other Liabilities + | 107 | 109 | 125 | 196 | 247 | 297 | 286 | 339 | 357 |
| Total Liabilities | 395 | 439 | 654 | 686 | 964 | 1,184 | 1,115 | 1,328 | 1,532 |
| Fixed Assets + | 48 | 54 | 146 | 255 | 322 | 373 | 354 | 430 | 497 |
| CWIP | 11 | 25 | 35 | 0 | 2 | 4 | 20 | 34 | 26 |
| Investments | 37 | 62 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 299 | 300 | 473 | 431 | 639 | 807 | 741 | 863 | 1,009 |
| Total Assets | 395 | 439 | 654 | 686 | 964 | 1,184 | 1,115 | 1,328 | 1,532 |
Financials of Campus Activewear Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 22 | -21 | 125 | 18 | 126 | 264 | 235 | 135 | |
| Cash from Investing Activity + | -23 | -55 | -9 | -34 | -70 | -74 | -155 | -55 | |
| Cash from Financing Activity + | 1 | 89 | -129 | 16 | -33 | -192 | -85 | -94 | |
| Net Cash Flow | 0 | 13 | -14 | -1 | 24 | -2 | -4 | -13 | |
| Free Cash Flow | -1 | -128 | 70 | -15 | 60 | 220 | 176 | 46 | |
| CFO/OP | 44% | -4% | 130% | 25% | 71% | 142% | 117% | 65% |
Financials of Campus Activewear Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 113 | 86 | 78 | 50 | 41 | 43 | 30 | 34 | |
| Inventory Days | 108 | 128 | 140 | 195 | 216 | 222 | 218 | 192 | |
| Days Payable | 128 | 78 | 88 | 161 | 119 | 104 | 105 | 108 | |
| Cash Conversion Cycle | 94 | 137 | 130 | 85 | 138 | 161 | 143 | 118 | |
| Working Capital Days | -4 | 13 | 37 | 63 | 69 | 68 | 96 | 89 | |
| ROCE % | 24% | 20% | 17% | 32% | 23% | 17% | 20% |
Guidance history
How Campus Activewear Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Flat | Planned | — | Rising |
| Q4 FY26 call → | 10–20% | Flat | Planned | — | Rising |
| Q3 FY26 call → | 10–20% | Flat | Planned | — | — |
| Q2 FY26 call → | 10–20% | Up 0–2% | Planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
10 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −31.4% | 21% |
| Last 6 months | −22.9% | 14% |
| Last 3 months | −13.2% | 32% |
The price is 68% below its all-time high of ₹598.5 (7 Oct 2022). Stocks more than 20% below their peak have their score halved, so 20 became 10.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Campus Activewear Ltd: 0.4 × 21 + 0.4 × 14 + 0.2 × 32 = 20, halved to 10 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Campus Activewear Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q4 FY25 earnings call analysis →
- Q1 FY26 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
Others in Consumer Durables this season
- Golkunda Diamonds & Jewellery Ltd (Q1 FY27)
Expansion includes increasing capacity by 50-60% and diversifying with lab-grown diamond jewellery, which is seen as a key growth driver in domestic and export…
- Symphony Ltd (Q2 FY27)
For the quarter ended 30-Sep-26, the standalone revenue from operations is ₹170 crores, up from ₹155 crores in the same quarter of the prior year, reflecting a…
- V-Guard Industries Ltd (Q2 FY27)
1,852.89 crore, up 38.2% YoY from Rs. Key investor presentation takeaways from V-Guard Industries Ltd's Q2 FY27 investor presentation — and how it ranks against
- Epack Durable Ltd (Q2 FY27)
Q2 FY27 Operating Revenue: ₹4,393 Mn, up 106.0% YoY (Page 7, 6) . Key investor presentation takeaways from Epack Durable Ltd's Q2 FY27 investor presentation — a