Campus Activewear Ltd. · NSE:CAMPUS
Campus Activewear — Q1 FY26 Earnings Presentation
31 slides from Campus Activewear's earnings presentation, Aug 13, 2025
Slide 1: Campus Activewear Ltd. exchange filing cover letter
CAMPUS CAMPUS ACTIVEWEAR LTD. Formerly known as : Campus Activewear Pyt Ltd. -_— CIN - L74120DL2008PLC183629 13th August 2025 To, BSE Limited National Stock Exchange of [ndia Ltd. Corporate Relationship Department Exchange Plaza, C-1, Block G, 1st Floor, New Trading Ring, Rotunda Bandra Kurla Comple
Slide 2: Campus Activewear Limited Q1 FY26
¢+~ CAMPUS CAMPUS ACTIVEWEAR LIMITED QI1- FY 26 | 13 AUG 2025
Slide 3: Table of Contents
¢+ CAMPUS TABLE OF CONTENTS 01 Business Snapshot 02 Business Highlights 03 Business Performance — Q1 FY26 04 Growth Vectors 05 Industry Landscape
Slide 4: Disclaimer
Disclaimer IMPORTANT: You must read the following before contining. 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 5: 01 Business Snapshot
OIBUSINESS | SNAPSHOT ¥y
Slide 6: India's Largest & Fastest Growing Scaled Sports & Athleisure Footwear Brand
CAMPUS - India’s Largest & Fastest Growing Scaled Sports & Athleisure Footwear Brand Revenue from Operations* 27,300+ Retailers across 650+ cities and 28 Q1 FY26: INR 343.3 Cr (+1.2% YoY Gr%) 44.4% Revenue Contribution from Direct-to- states Q1FY25:INR 339.2Cr Consumer Channels during Q1 FY26 vs 48%
Slide 7: Our Journey to Become India's #1 S&A Footwear Brand
Our Journey to Become India’s #1 S&A Footwear Brand .Backward | integration initiative — Upper Manufacturing EBO store count facility at crosses 250 Haridwar Backward — -~ integration | —— . Successful initiative - Sole IPO —Campus Inciptlon of”the launch of INR Manufacturing = EBO store count | | A
Slide 8: Product — Placement — Promotion Interplay Generating Business MOAT
Product — Placement — Promotion Interplay Generating Business MOAT Internal Strengths Curated Over the Years Across Product Design, Supply Chain, Distribution and Marketing is Onerous to Replicate 2 o Sustained focus on Product Innovation and Design al Integrated Manufacturing Ecosystem 33.9mm Exclu
Slide 9: Experienced Management & Professional Board at the Helm of Affairs
Experienced Management & Professional Board at the Helm of Affairs Key Management Board of Directors Mr. H.K. Agarwal P Mr. Nikhil Sanjay Chhabra Whirlpool Chairman] & = One of the = Agzarwal _m Oneofthe Chief¢ Financial g conehIsberg Mr. .H.K. Agarwal P< wr. Nikhil Managing Promoters of PP CEO & Wh
Slide 10: Key Pillars of Business MOAT
Key Pillars of Business MOAT Superior Product Vertically Integrated Omni-Channel Innovative Marketing Digitization of Sales Innovation and Design Manufacturing Customer Experience Capabilities Process Capabilities Ecosystem Innovation, Annual assembly Pan-India omni- Move from stand- Advanced techno
Slide 11: 02 Business Highlights
02 BUSINESS HIGHLIGHT ¢+ CAMPUS
Slide 12: Superior Product Innovation and Design Capabilities
. Manufacturing A a Tt Product Design Ersrem ‘ Distribution ‘ Marketing ‘ Digitization @ Superior Product Innovation and Design Capabilities Highly experienced in-house ~‘ Global Design Consultancy Network team of 40 designers o8 and Design Sourcing Tie-ups Deliver New and Differentiated Offerings f
Slide 13: Vertically Integrated Manufacturing Ecosystem
Manufacturi Product Design Distribution ‘ Marketing ‘ Digitization © Vertically Integrated Manufacturing Ecosystem Annual Assembly Capacity of 33.9 mm pairs () Uppers W In-house +/ 90% domestic raw material sourcing —e Haridwar m Outsourced /" Exclusive ancillary network . Shoe Sole \/ Ability to ma
Slide 14: Omni Channel Platform to Reach Customers Where They Are
‘ Manufacturing Product Design Marketing ‘ Digitization Ecosystem © Omni Channel Platform to Reach Customers Where ® Pan-India Distribution T h ey A re Presence (27,300+ Retail All-Inclusive Use of E-commerce Channels TOUChPOints in more than Established Pan-India sales netwar'k'with 'expar'rsive re
Slide 15: Ad Film: Air Capsule Pro campaign
Manufacturing Product Design Distribution ‘ Ecosystem ‘ CAMPUS® MORE THAN A TECH - OWN AIR CAPSULE PRO AS GEN Z’S CULTURAL SIGNATURE AD FILM ACTIVATING MULTIPLE DIGITAL TOUCHPOINTS OWN THE TECH 206.8 MIN IMPRESSIONS ACROSS DIGITAL MEDIA (VIDEO+, REGISTER CAMPUS AIR SOCIAL, AUDIO, LIFESTYLE) CAPSULE
Slide 16: Digitization of Sales Process Generated a Virtuous Flywheel
Manufacturing ‘ Product Design ‘ Distribution » Marketing Digitization Ecosystem © Digitization of Sales Process has Generated a Virtuous Flywheel enabling Faster Speed to Market Our Data Centric Approach allows us to understand Investment in D2C & Faster customer Consumer Demand Trends, Tech initia
Slide 17: 03 Business Performance
&+ CAMPUS 03 BUSINESS PERFORMANCE
Slide 18: Q1 FY26 Financial & Business Highlights
Q1 FY26- Financial & Business Highlights In INR Cr. Parameters QQa Q1 GI’YOO\AIYth G:IO?AI(ih (INR Cr.) FY25 FY25 op op Revenue* 343.3 405.7 339.2 fp 1.2% Wl -15.4% EBITDA 55.4 76.7 54.0 dfn 2.5% ol -27.8% PAT 22.2 35.0 25.4 W -12.6% Wl -36.6% FINANCIAL HIGHLIGHTS Q1FY26 Results (YoY) %+ Sales volum
Slide 19: Statement of Profit & Loss
Statement of Profit & Loss Particulars (INR Cr) Q1l-FY26 Q1-FY25 Gr% vs LY Revenue from Operations* 343.3 339.2 1.2% Total Income** 3494 341.4 2.3% 193.6 181.9 6.4% Gross Margin ° 55.4% 53.3% 4.0% Employee Cost 32.2 28.7 12.0% Advertisement & Sales Promotion 27.9 25.4 9.7% Other Expenses*** 78.2 73.
Slide 20: Q1 FY26 & TTM 3MFY26 Financial Highlights
Q1 FY26 & TTM 3MFY26- Financial Highlights Revenue from Operations () (INR Cr) Volume Sold (# mm) Average Selling Price (INR / Pair) 514.9 o8 6.2 675 g5g 671 057 56 56 58 5, 51 629 622 > 3377 3538 3392 3333 3433 604 - 586 £ © A : 3 i 3 3 A i 3 T 3 T <4 T 3 [ bt [ b4 [ b4 o S o bt o g [ 3 o0 = [ ) <
Slide 21: Revenue: Segmental Analysis by Channel
Q1 FY26 & TTM 3MFY26 Revenue: Segmental Analysis Trade Distribution Channel Campus Activewear Limited (1) CAGR: 11 o~/ 7432 8130 7673 8329 8476 . 535.3 CAGR no% 1,593.0 1,597.1 14843 14483 FY21 FY22 FY23 FY24 FY25 TIM 1,194.2 3MFY26 Annual 7113 - Direct to Consumer Channel < Fy21 FY22 FY23 FY24 FY25
Slide 22: Q1 FY26 & TTM 3MFY26 Financial Highlights: EBITDA and PAT
Q1 FY26 & TTM 3MFY26- Financial Highlights Revenue from Operations () (INR Cr) EBITDA (234 (INR Cr) Profit After Tax 3% (INR Cr) @ @ 6.4% R 405.7 S0 pargn 09 : ; 337.7 353813392 333.3 3433 i 859 .. ‘ =F= i 622 6641 ssa 313 315 | NS i ; 1111 i SN - 1. {254 222 @ 1353 | I I 3 I 416 ‘ 143 ' BN B =ml| B
Slide 23: Working Capital Trends
Q1 FY26 & TTM 3MFY26 - Working Capital Trends Days Sale Outstanding 2 Days Payable Outstanding 2 Net Receivables/RsC. Net Payables/fs C. = 2 £ < AR FY22 FY23 FY24 FY25 L I FY21 FY22 l l l FY23 FY24 3MFY26 3MFY26 Days Inventory Outstanding (2 Working Capital V) Net Inventory/Rs Cr. - Net Working Capi
Slide 24: Return Ratios
Q1 FY26 & TTM 3MFY26 - Return Ratios Net Debt (! Net Debt () / EBITDA INRCr 1346 1739 156.8 : s - 0.7 0.6 T T L T 02 g (05 < (161.5) (140.7) FY21 FY22 FY23 P24 P25 TTM Fy21 FY22 P23 FY24 FY25 TIM 3MFY26 3MFY26 Return on Equity ?) (%) Return on Capital Employed ) (%) 29.3% 30.6% 23.9% I B2% o5 223% 2
Slide 25: 04 Growth Vectors
¢+~ CAMPUS 04 GROWTH VECTORS 04 GROWTH VECTORS
Slide 26: Prime Growth Vectors Going Forward
Prime Growth Vectors Going Forward Product Diversification via Extension into Allied Categories &+~ CAMPUS Sustained Focus on Premiumization Across Product Segments Further Accentuate our Omni-channel Experience Steadily Extend into New Territories By Deepening our Presence in Western and Southern R
Slide 27: India S&A Footwear Market has Attractive Industry Prospects
India S&A Footwear Market has Attractive Industry Prospects Footwear is Expected to be among the fastest Growing segments within the Retail Industry Within Indian Retail Indian Footwear Market Size Total Addressable Market (FY25P) Industry, Footwear is 12% 15% 19% 21% Expected to be One of the India
Slide 28: 05 Industry Landscape & Positioning
¢+~ CAMPUS 05 INDUSTR LANDSCAPE & POSITIONING
Slide 29: S&A Footwear in India is Highly Underpenetrated
S&A Footwear in India is Highly Underpenetrated Structural Growth Drivers in Place — Increase in Fitness Consciousness and Disposable Income Annual Footwear Consumption Per Capita Annual Expenditure Share of S&A in Footwear Retail on S&A Footwear (pairs per capita) (in US$) India’s Per Capita Footwe
Slide 30: Widest Presence Across Price Segments
Widest Presence Across Price Segments Largest Market Coverage Addressing 85%+ of the S&A Footwear Market S&A Footwear Market (FY21) Revenue Contribution for CAMPUS INR 90bn Q1FY25 Q1 FY26 Premium-Plus Nike 13% (Above INR 3,000) RimD A Priced above INR 1,500 Expansive and Diverse Entry to Premium . ‘
Slide 31: Campus
CAMPUS e