Campus Activewear Ltd
NSE:CAMPUS
Campus Activewear Ltd
Campus Activewear Ltd., a prominent player in India’s footwear segment, has carved a distinctive niche for itself by capitalizing on the athleisure wave that has been sweeping through the nation. Founded with a vision to provide high-quality footwear at an affordable price, the company has strategically positioned itself to cater to the aspirations and needs of the burgeoning middle class. Rooted in a deep understanding of local preferences, Campus Activewear's operations are underpinned by a robust distribution network that covers both urban and rural areas. This vast reach enables the company to effectively tap into a diverse consumer base. By focusing on trendy and comfortable products, and offering them in a range of appealing designs, Campus Activewear appeals to a young demographic that prioritizes both style and practicality.
The revenue model of Campus Activewear hinges on scaling economies of production and an agile supply chain, allowing it to deliver competitive pricing without compromising on quality. The company integrates design innovations and leverages in-house manufacturing capabilities to control costs and quality, a strategy that bolsters its market position against both local competitors and international brands. Furthermore, Campus Activewear has adeptly embraced multiple sales channels, including brick-and-mortar stores, online platforms, and partnerships with third-party retailers, ensuring its products are accessible to consumers across various shopping preferences. This mixed-channel strategy not only diversifies revenue streams but also strengthens brand recognition, driving sustained growth in a dynamic market landscape.
Campus Activewear Ltd., a prominent player in India’s footwear segment, has carved a distinctive niche for itself by capitalizing on the athleisure wave that has been sweeping through the nation. Founded with a vision to provide high-quality footwear at an affordable price, the company has strategically positioned itself to cater to the aspirations and needs of the burgeoning middle class. Rooted in a deep understanding of local preferences, Campus Activewear's operations are underpinned by a robust distribution network that covers both urban and rural areas. This vast reach enables the company to effectively tap into a diverse consumer base. By focusing on trendy and comfortable products, and offering them in a range of appealing designs, Campus Activewear appeals to a young demographic that prioritizes both style and practicality.
The revenue model of Campus Activewear hinges on scaling economies of production and an agile supply chain, allowing it to deliver competitive pricing without compromising on quality. The company integrates design innovations and leverages in-house manufacturing capabilities to control costs and quality, a strategy that bolsters its market position against both local competitors and international brands. Furthermore, Campus Activewear has adeptly embraced multiple sales channels, including brick-and-mortar stores, online platforms, and partnerships with third-party retailers, ensuring its products are accessible to consumers across various shopping preferences. This mixed-channel strategy not only diversifies revenue streams but also strengthens brand recognition, driving sustained growth in a dynamic market landscape.
Revenue Growth: Campus Activewear reported a 14.3% year-over-year rise in Q3 revenue to INR 589 crores, with strong momentum from product and channel strategies.
Profitability: Profit after tax increased by 37% year-over-year, with PAT margin improving by 175 basis points to 10.7%.
Margin Expansion: Gross margin rose by 190 basis points to 53.1%, and EBITDA margin improved by 290 basis points to 19.5%, driven by premium product mix and operational efficiencies.
Premiumization: Average selling price climbed 5.2% year-over-year to INR 711, aided by higher sneaker sales and greater premium SKU contribution.
Category and Channel Strength: The women’s and kids segments now make up 22% of revenue, up from 18.7% last year, and online channel sales grew around 18%.
Athleisure Launch: The company entered the athleisure apparel category in January 2026, piloting in 60+ exclusive brand outlets and major online platforms.
Operational Confidence: Management expressed high confidence in sustaining growth due to ongoing strategic initiatives and improved predictability.
