Makes and sells sports and athleisure footwear in India under the Campus brand, with FY26 revenue of ₹1,774.12 crores. The product mix is being premiumised by a sneaker portfolio that grew over 100% YoY, alongside expansion in women's and kids categories and the launch of a sub-brand called ELAN. Sales run through a mix of D2C channels at 48.3% of revenue (300 exclusive brand outlets plus online, where the online channel grew 18.9% in Q4) and third-party distribution. Footwear accounts for 99.13% of turnover, with a small athleisure apparel line just introduced. Manufacturing runs across 8 plants in India, with the new Pantnagar unit ramping from about 2 lakh pairs a month toward a target of 8-9 lakh pairs a month by FY27 and 250 new SKUs launched in FY26. The biggest cost line is raw materials (49.9% of revenue), particularly EVA and PU foams used in soles. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Sports and athleisure footwear, Athleisure apparel and sub-brand ELAN, D2C channel sales (48%), Third-party distribution. Branded consumer footwear with growing in-house manufacturing, premiumising through sneakers and expanding direct-to-consumer reach.
| ₹ crore · consolidated | FY22 |
|---|---|
| Revenue | 1,194 |
| EBITDA (ex other income) | 242 |
| margin % | 20.2 |
| Owners' profit | 109 |
| EPS, as reported (₹) | 3.57 |
| ROE % · ROCE % | 25.2 · 32.9 |
| Debt / equity (x) | 0.41 |
| Cash from operations | 18 |
| Capex | (36) |
| ₹ crore | Q4 FY22 | Q1 FY23 |
|---|---|---|
| Revenue | 352 | 338 |
| Profit before tax | 57 | 42 |
| Net profit | 23 | 29 |
| EPS (₹) | 0.75 | 0.94 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| METRO BRANDS LIMITED | 25,672 | 63.1 | 12.67 | 26.4 | 20.5 | 16.3 | — | 33.4 |
| BATA INDIA LTD | 8,354 | 57.2 | 5.24 | 11.3 | 8.4 | 6.5 | 15.5 | 22.7 |
| RELAXO FOOT LTD. | 8,069 | 43.5 | 3.66 | — | 8.1 | 9.9 | — | 17.2 |
| CAMPUS ACTIVEWEAR LIMITED ◆ | 6,546 | 126.7 | 15.31 | 27.6 | 25.2 | 29.5 | — | 18.4 |
| REDTAPE LIMITED | 6,440 | 26.2 | 6.30 | 14.2 | 23.6 | 24.3 | — | 20.5 |
| SREELEATHERS LIMITED | 772 | 23.5 | 1.55 | — | 5.8 | 7.5 | — | 16.3 |
| LIBERTY SHOES LTD | 390 | 45.4 | 1.67 | — | 4.8 | 4.3 | — | 7.9 |
| LEHAR FOOTWEARS LIMITED | 359 | 17.2 | 2.71 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 10 Sept 2026 · Campus Activewear receives CRISIL ESG rating of 61 | credit debt | medium | — | — |
| 7 Sept 2026 · Campus Activewear to attend UBS India Summit on September 10 | board shareholder meetings | low | — | — |
| 22 Aug 2026 · Campus Activewear 18th AGM: All 8 resolutions passed, dividend declared | board shareholder meetings | medium | — | — |
| 20 Aug 2026 · Campus Activewear 18th AGM: dividend, director re-appointments and ESOP changes put to vote | board shareholder meetings | low | — | — |
| 17 Aug 2026 · Campus Activewear appoints Rakesh Thakur as new CFO with immediate effect | compliance | minimal | — | — |
| 17 Aug 2026 · Campus Activewear appoints Rakesh Thakur as Chief Financial Officer | management changes | high | — | — |
| 17 Aug 2026 · Campus Activewear appoints new CFO Rakesh Thakur effective immediately | results | high | — | — |
| 11 Aug 2026 · Campus Activewear Q1 FY27 earnings call transcript filed | investor communications | medium | — | — |
| 7 Aug 2026 · Campus Activewear publishes Q1 FY27 results in newspapers | compliance | minimal | — | — |
| 6 Aug 2026 · Audio Recording of Q1 FY27 Earnings Call Now Available | investor communications | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| — |
| 15.7 |
| 19.3 |
| — |
| 8.9 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 126.7 | 51.3 | 9 of 10 | 11% |
| P/B | 15.3 | 3.7 | 9 of 9 | 0% |
| ROCE | 29.5 | 7.5 | 1 of 11 | 100% |
| ROE | 25.2 | 8.3 | 1 of 10 | 100% |
| Debt / Equity | 0.4 | 0.2 | 9 of 10 | 11% |
| EBITDA margin | 18.4 | 17.4 | 4 of 10 | 67% |
| Market cap | 6546 | 3606 | 4 of 10 | 67% |
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| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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