CANTABIL RETAIL LTD

Sells readymade garments and apparel through exclusive brand outlets (EBOs) under the Cantabil brand across India. Revenue comes almost entirely from retail of basic fashion apparel, with smaller contributions from footwear (~₹14 crore, ~2% of sales) and kidswear (2-3% of sales); an e-commerce channel is being scaled with a new automated warehouse. In FY26 it ran 652 stores across 308 cities spanning 9.15 lakh sq ft of retail area, adding 53 stores during the year and taking the count to 675 by July 2026; same-store sales grew 5.24% on a volume growth of 13.33%. The cost base is dominated by store leases (~₹99 crore in FY26 at ₹115 per sq ft), employee costs (~18.9% of revenue) and materials (~15.9%), with depreciation at ~11.7% reflecting the asset-heavy retail footprint; the company is debt-free. Gross margin is maintained around 60%, producing an FY26 EBITDA margin of ~31% on ₹852.6 crore of revenue and ₹95.8 crore of net profit. Management has guided to ₹1,000 crore of revenue and 725 stores by FY27, with kidswear targeted at 4-4.5% of sales and footwear at 3-4%.