Campus Activewear Ltd. · NSE:CAMPUS
Campus Activewear — Q2 FY27 Earnings Presentation
32 slides from Campus Activewear's earnings presentation, Nov 5, 2026
Slide 1: Regulation 30 disclosure cover letter
05th November 2026 To, BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department Exchange Plaza, C-1, Block G, 1st Floor, New Trading Ring, Rotunda Bandra Kurla Complex, Bandra (East), Building, Mumbai – 400 051 P. J. Towers, Dalal Street, Mumbai – 400 001 SYMBOL: CAMPUS SC
Slide 2: Investor Presentation Q2 and H1FY27
CAMPUS ACTIVEWEAR LIMITED INVESTOR PRESENTATION Q2 and H1FY27 | 05 NOV 2026 1
Slide 3: Disclaimer
Disclaimer IMPORTANT: You must read the following before continuing. The following applies to this document, the oral presentation of the information in this document by Campus Activewear Limited (the “Company”) or any person on behalf of the Company, and any question-and-answer session that follows
Slide 4: Table of Contents
TABLE OF CONTENTS o Financial Performance o The Campus Story o Business capabilities o Growth Vectors 3
Slide 5: Financial performance
Financial performance 4
Slide 6: Key Highlights
Key Highlights Double-digit volume growth Delivered 11% YoY volume growth in H1FY27 despite festive season shifting to Q3 this year Profit growth outpaced revenue growth Net profit grew by 19% while revenue grew by 15% in H1FY27 despite an increasingly challenging macro environment Record Production
Slide 7: Financial Highlights (Q2FY27)
Financial Highlights (Q2FY27) Volume (Lacs) Revenue(1) (Rs. Cr) +10.2% YoY +16.9% YoY 452 58 57 63 387 385 Q2FY26 Q1FY27 Q2FY27 Q2FY26 Q1FY27 Q2FY27 EBITDA(2) (Rs. Cr, %) PAT (Rs. Cr, %) +12.5% YoY 40 10% 80 30% 35 +21.3% YoY 9% 70 63 62 25% 60 55 30 26 8% 24 50 20% 25 15.9% 20 6.6% 7% 40 14.0% 13.5
Slide 8: Financial Highlights (H1FY27)
Financial Highlights (H1FY27) Volume (Lacs) Revenue(1) (Rs. Cr) EBITDA(2) (Rs. Cr, %) +14.7% YoY 200 +12.9% YoY 20% +10.9% YoY 150 18% 125 110 16% 100 837 14.9% 14% 109 121 730 14.7% 50 12% 0 10% H1FY26 H1FY27 H1FY26 H1FY27 H1FY26 H1FY27 PAT (Rs. Cr) Return on Equity(3) (%) RoCE(4) (%) +19.4% YoY +1
Slide 9: Working Capital
Working Capital Avg. receivables (Rs. Cr, Days) Avg. payables (Rs. Cr, Days) 107 90 92 35 31 34 251 259 226 157 150 178 H1FY26 FY26 H1FY27 H1FY26 FY26 H1FY27 Avg. Inventory (Rs. Cr, Days) Net working capital (Rs. Cr, Days) 103 85 109 82 70 94 563 466 482 415 372 339 H1FY26 FY26 H1FY27 H1FY26 FY26 H1
Slide 10: Channel Performance
Channel Performance Channel wise revenue(1) mix EBO Store Count H1FY27 317 11.6% 11.0% FY26 300 FY25 297 FY24 268 34.8% 36.5% FY23 202 FY22 108 FY21 44 Q-com & Own Website double share in D2C Online Revenue YoY Growth: 53.6% 14.2% 2.4% 52.5% 1.0% 6.4% 3.5% Q2FY26 Q2FY27 H1FY26 H1FY27 Trade distribut
Slide 11: Statement of Profit and Loss
Statement of Profit and Loss Particulars (Rs. Cr) Q2FY26 Q1FY27 Q2FY27 QoQ YoY H1FY26 H1FY27 YoY Revenue from operations 387 385 452 17.4% 16.9% 730 837 14.7% Total income 392 393 457 16.3% 16.7% 741 850 14.7% COGS(1) 180 173 222 28.1% 23.1% 336 395 17.6% Gross Margin % 53.9% 55.9% 51.4% (448 bps) (
Slide 12: Balance Sheet
Balance Sheet Particulars (Rs. Cr) Sep’26 Mar’26 Sep’25 Particulars (Rs Cr) Sep’26 Mar’26 Sep’25 Equity and Liabilities 1,568 1,467 1,532 Assets 1,568 1,467 1,532 Equity 914 906 794 Non Current Assets 585 588 593 Plant, property and Non Current Liabilities 197 189 205 271 274 251 equipment (incl. CW
Slide 13: Cash Flow Statement
Cash Flow Statement Particulars (Rs Cr) Sep’26 Mar’26 Sep’25 Net cash (used in)/ generated from operating activities (75) 135 (26) Operating profit before working capital changes 116 303 105 Changes in working capital (164) (113) (107) Income tax paid (26) (56) (25) Net cash (used in)/ generated fro
Slide 14: The Campus Story
2k CAMPUS The Campus Story
Slide 15: Our Journey to become India's leading S&A Footwear Brand
Our Journey to become India’s leading S&A Footwear Brand Backward integration initiative – Upper Manufacturing facility at EBO store count Haridwar crossed 250 & Backward Added Elan integration Category initiative - Sole IPO – Campus On- Production Successful Manufacturing EBO store Activewear IPO R
Slide 16: Our Leadership
Our Leadership CMD Mr. H.K Agarwal CEO cio Mr. Nikhil Aggarwal Ms. Prerna Aggarwal coo CFO CMO HEAD-HR cto Mr. Uplaksh Tewary Mr. Rakesh Thakur Mr. Gaurav Sharma Ms. Alka Monga Mr. Rajneesh Sharma = + . VU GIETP, scjohn @ ecvcae eS si Bb Onen Reliance GENESIS AN oer see pu a © vont i Bata — WAS @ sa
Slide 17: Moving from Share of Wallet to Share of Life
Moving from Share of Wallet to Share of Life FUTURE FY27 A House of Brands for new FY21 consumer sets A Lifestyle Brand for every Indian A Men’s focused Sports Shoe Brand • More brands, spanning price • Women’s and kids’ footwear points and occasions scaling fast • Deeper and broader • Core portfoli
Slide 18: What gives us Right to Win?
What gives us Right to Win? 01 02 03 DESIGN AGILITY INTEGRATED OPERATIONS OMNICHANNEL REACH Translating trends into faster consumer Building control, consistency, and Staying connected to consumers across adoption responsiveness at scale every touchpoint 04 05 06 CULTURE-LED BRAND STRONG FINANCIAL B
Slide 19: Business capabilities
24 CAMPUS Business capabilities
Slide 20: Innovation, Design, Craftsmanship and Visible Tech
Innovation, Design, Craftsmanship and Visible Tech PRODUCT LAUNCHES DESIGN & CRAFTSMANSHIP VISIBLE TECH 160+ 50+ New product launches in H1FY27 Experienced in-house designers PERFORMANCE DRIVEN Continued refresh across the footwear Global design consultancy and design tie-ups, Enabling high class pe
Slide 21: Expanding Consumer Relevance Through Product Innovation
Expanding Consumer Relevance Through Product Innovation Campus Court Collection Outplay by Campus Kids Court Shoes, our first sports line for 5 racquet sports, launched during the quarter 39.6% DIGITAL ENGAGEMENT ~3 Mn Introduced the Freedom range for kids; Launched a dedicated DIGITAL VIEWS Instagr
Slide 22: Building Brand visibility and Consumer connect
Building Brand visibility and Consumer connect Expanding Brand Reach Through High-Impact Deepening Consumer Connect Through Cultural Associations Moments Élan × Made in India: A Titan Story Ganesh Chaturthi | 3D OOH Élan ads placed on the most watched Dynamic 3D out-of-home Indian web series of H120
Slide 23: Reimagining Retail Experience
Reimagining Retail Experience Our first reimagined store is the blueprint for Campus retail across India Roop Nagar, Delhi | Opened by Gautam Gambhir | Very strong early sales and shopper feedback | Format to roll out nationally BOLD RED STOREFRONT OPEN, GALLERY-STYLE FLOOR SIGNATURE MOVE YOUR WAY W
Slide 24: Deepening Retailer Connect
Deepening Retailer Connect Annual MBO retailer meets | Full range showcased, state by state | Deepest in UP, Bihar, Maharashtra and Rajasthan ANNUAL RETAILER MEET 2026 120+ 14,000+ 700+ 17 CITY MEETS RETAILERS ENGAGED SKUs SHOWCASED STATES Link to the video: https://www.youtube.com/watch?v=VjxOjmKFv
Slide 25: Vertically Integrated Manufacturing Ecosystem
Vertically Integrated Manufacturing Ecosystem Annual Assembly Capacity of 31.9 Mn pairs (as on 30th September, 2026) Uppers Haridwar I In-house Haridwar II ✓ 90% domestic raw material sourcing 50% Paonta Outsourced 50% Pant Nagar ✓ Exclusive ancillary supplier network Shoe Sole Ability to manufactur
Slide 26: Advanced Warehousing Infrastructure
Advanced Warehousing Infrastructure
Slide 27: Deep and Extensive Distribution Network
Deep and Extensive Distribution Network OFFLINE ONLINE Dominant presence across E- 31000+ commerce and Quick commerce active retail stores platforms 315+ 250+ Exclusive Stores Distributors 2350+ 850+ Large format store Districts covered (LFS) counters
Slide 28: Strong Nationwide Presence
Strong Nationwide Presence Region wise revenue mix (H1FY27) Region wise EBO outlets EAST 36 Bihar Odisha Jharkhand NORTH 138 Assam 9% Punjab West Bengal Delhi Manipur 8% Haryana J&K Himachal Pradesh 44% Chandigarh Uttar Pradesh 20% Uttarakhand Rajasthan WEST 102 CENTRAL 30 Maharashtra Madhya Pradesh
Slide 29: Talent and Culture
Talent and Culture One-on-ones Group Employee with leaders listening survey sessions Evolve - Learning Journey Project Culture Mirror Project Seekhna aur Aage Batch of 63 HiPo employees Culture Building Badhna For Plant workforce • Self-awareness: DISC session on behavioral • A reflective pause on w
Slide 30: Growth vectors
24 CAMPUS Growth vectors
Slide 31: Expanding our Growth Horizons
Expanding our Growth Horizons GROWTH LEVERS ENHANCED REACH DIVERSIFIED PORTFOLIO Channel Geographic Women’s Kids’ footwear Performance Adjacencies expansion reach footwear Expansion of the footwear Expansion of the Addition of EBOs and Deeper penetration More designs in kids’ footwear range Launch o
Slide 32: Thank You!
Thank You! CAMPUS ANALYST DAY 2026