Campus Activewear Ltd. · NSE:CAMPUS
Campus Activewear — Q4 FY26 Earnings Presentation
34 slides from Campus Activewear's earnings presentation, May 25, 2026
Slide 1: Exchange filing cover letter for earnings presentation
25th May 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 SCRIP C
Slide 2: Investor Presentation Q4 FY26
CAMPUS ACTIVEWEAR LIMITED INVESTOR PRESENTATION Q4- FY 26 | 25 MAY 2026 1
Slide 3: Table of Contents
TABLE OF CONTENTS o Business Snapshot o Business Highlights o Business Performance – Q4 FY’26 & FY’26 o Growth Vectors o Industry Landscape
Slide 4: 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 5: 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 EBO store Manufacturi count ng facility at crosses 250 Haridwar Backward & integration Inception of Successful initiative - Sole IPO – Campus Production the EBO store Implentation commenced at On- launch of M
Slide 6: Business Snapshot
BUSINESS SNAPSHOT 5
Slide 7: India's Largest & Fastest Growing Scaled Sports & Athleisure Footwear Brand
CAMPUS - India’s Largest & Fastest Growing Scaled Sports & Athleisure Footwear Brand 48.3% 30,000+ Revenue from Operations* 48.3% Revenue Contribution from Direct-to- 30,000+ Retailers across 800+ districts and 28 Q4 FY26: INR 455.6 Cr (+12.3% YoY Gr%) Consumer Channels during Q4 FY26 vs 44.8% state
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 Sustained focus on Product Innovation and Design Integrated Manufacturing Ecosystem 30.7 mm Exclusive a
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 Mr. Nikhil Sanjay Chhabra ◼ Whirlpool Chairman & Aggarwal Chief Financial Mr. H.K. Agarwal Mr. Nikhil ◼ One of the ◼ One of the ◼ Carlsberg Managing Promoters of CEO & Whole-Time Pro
Slide 10: Key Pillars of Business Moat
Key Pillars of Business MOAT Superior Product Vertically Integrated Omni-Channel Innovative Marketing Digitization of Sales 1 Innovation and Design 2 Manufacturing 3 4 5 Customer Experience Capabilities Process Capabilities Ecosystem Innovation, Annual assembly Pan-India omni- Move from stand- Advan
Slide 11: Business Highlight
BUSINESS HIGHLIGHT
Slide 12: Superior Product Innovation and Design Capabilities
Manufacturing Product Design Distribution Marketing Digitization Ecosystem Deliver New and Differentiated Offerings for the Indian Market through 1 Superior Product Innovation and Design Capabilities Nimble, Fashion Forward and Segmented Approach to Curate our Product Lines Highly experienced in-hou
Slide 13: Vertically Integrated Manufacturing Ecosystem
Manufacturing Product Design Distribution Marketing Digitization Ecosystem 2 Vertically Integrated Manufacturing Ecosystem Annual Assembly Capacity of 30.7 mm pairs (1) Uppers Haridwar I In-house 37.2% Haridwar II ✓ 90% domestic raw material sourcing Outsourced 62.8% Paonta Pant Nagar ✓ Exclusive an
Slide 14: Omni Channel Platform to Reach Customers Where They Are
Manufacturing Product Design Distribution Marketing Digitization Ecosystem 3 Omni Channel Platform to Reach Customers Where They Are Pan-India Distribution Presence (30,000+ Retail Touchpoints in more than Pan India Distribution Presence All-Inclusive Use of E-commerce Channels 800+ districts and we
Slide 15: More than a tech - own Air Nest as Gen Z's cultural signature
Manufacturing Product Design Distribution Marketing Digitization Ecosystem More than a tech - own Air Nest as Gen z’s cultural signature • Own the Tech Registered Campus AirNest pro in consumer’s mind • Build culture relevance around GENZ following a multi- dimensional lifestyle- but with a comfort
Slide 16: Women's day ft. Zeenat Aman
Manufacturing Product Design Distribution Marketing Digitization Ecosystem Women’s day ft. Zeenat Aman An extension of Campus’ ongoing “You Go, Girl!” philosophy, the campaign continues to celebrate confidence, . individuality, and self-expression. • Reinforce Campus’ Social Campaign positioning as
Slide 17: We Elevated Campus into a Larger, More Visible Brand Platform
Manufacturing Product Design Distribution Marketing Digitization Ecosystem We Elevated Campus into a Larger, More Visible Brand Platform FY26: A year of outsized brand visibility, narrative expansion, and strategic platform building TOMA Spont. Awareness Engagement 24% 98% 3.5% +100 bps vs last yr +
Slide 18: Digitization of Sales Process has Generated a Virtuous Flywheel
Manufacturing Product Design Distribution Marketing Digitization Ecosystem 5 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 initiatives
Slide 19: Business Performance
BUSINESS PERFORMANCE 18
Slide 20: Q4 FY26 – Financial & Business Highlights
Q4 FY26– Financial & Business Highlights In INR Cr. Parameters YOY Growth Q4 FY26 Q4 FY25 (INR Cr.) % Revenue* 455.6 405.7 12.3% EBITDA 88.5 76.7 15.4% PAT 44.1 35.1 25.8% FINANCIAL HIGHLIGHTS Q4FY26 vs Q4FY25 (YoY) ❖ Sales volume at 68.2 lacs pairs vs 61.7 lacs pairs in Q4 FY25, +10.6% YoY ❖ ASP at
Slide 21: FY26 – Financial & Business Highlights
FY26– Financial & Business Highlights In INR Cr. Parameters YOY Growth FY26 FY25 (INR Cr.) % Revenue* 1,774.1 1,593.0 11.4% EBITDA 314.7 258.2 21.9% PAT 150.1 121.2 23.8% FINANCIAL HIGHLIGHTS FY26 vs FY25 (YoY) ❖ Sales volume at 259.7 lacs pairs vs 249.3 lacs pairs in FY25, +4.2% YoY ❖ ASP at INR 68
Slide 22: Statement of Profit & Loss
Statement of Profit & Loss In INR Cr. Particulars (INR Cr) Q4-FY26 Q4-FY25 Gr% vs LY FY26 FY25 Gr% vs LY Revenue from Operations* 455.6 405.7 12.3% 1,774.1 1,593.0 11.4% Total Income** 461.7 411.0 12.3% 1,796.9 1,607.7 11.8% 240.5 215.1 11.8% 960.6 840.4 14.3% Gross Margin 52.1% 52.3% -0.5% 53.5%
Slide 23: Q4 FY26 & FY26 – Financial Highlights
Q4 FY26 & FY26– Financial Highlights Revenue from Operations (1) (INR Cr) Volume Sold (# mm) Average Selling Price (INR / Pair) 588.6 8.3 585 622 675 658 671 672 711 668 514.9 7.6 6.8 455.6 5.8 6.2 5.8 Quarterly 405.7 386.6 5.4 339.2 333.3 343.3 5.1 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q
Slide 24: Q4 FY26 & FY26 Revenue: Segmental Analysis
Q4 FY26 & FY26 Revenue: Segmental Analysis Trade Distribution Channel Campus Activewear Limited (1) 916.9 813.0 767.8 832.9 743.2 535.3 1,774.1 1,593.0 1,484.3 1,448.3 FY21 FY22 FY23 FY24 FY25 FY26 Annual 1,194.2 711.3 Direct to Consumer Channel FY21 FY22 FY23 FY24 FY25 FY26 841.8 746.5 657.1 668.1
Slide 25: Q4 FY26 & FY26 – Financial Highlights
Q4 FY26 & FY26– Financial Highlights Revenue from Operations (1) (INR Cr) EBITDA (2)&(4) (INR Cr) Profit After Tax (3)&(4) (INR Cr) 15.8% 12.4% 16.6% 18.7% 15.9% 14.0% 19. 5% 19.2% 4.2% 9.0% 7.4% 8.5% 6.4% 5.2% 10.8% 9.6% 588.6 EBITDA Margin (%) 514.9 PAT Margin (%) 115.8 Quarterly 455.6 405.7 386.6
Slide 26: Q4 FY26 & Full year FY26 - Working Capital Trends
Q4 FY26 & Full year FY26 - Working Capital Trends Days Sale Outstanding (2) Days Payable Outstanding (2) Net Receivables/Rs Cr. 121.3 115.9 155.2 147.5 133.1 150.4 Net Payables/Rs Cr. 146.0 183.3 205.5 207.3 213.0 225.6 131 Annual 62 116 102 90 89 88 36 39 37 31 31 FY21 FY22 FY23 FY24 FY25 FY26 FY21
Slide 27: Q4 FY26 & Full year FY26 - Return Ratios
Q4 FY26 & Full year FY26 - Return Ratios Net Debt (1) Net Debt (1) / EBITDA INR Cr 1.1 Annual 173.9 156.8 0.7 134.6 0.6 32.3 0.1 (35.7) (0.2) (0.6) (161.5) FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 Return on Equity (2) (%) Return on Capital Employed (3) (%) 29.3% 30.6% 23.9% Annual
Slide 28: Growth Vectors
GROWTH VECTORS 27
Slide 29: Prime Growth Vectors Going Forward
Prime Growth Vectors Going Forward Product Diversification via Extension into Allied Categories Text 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 Regions
Slide 30: 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 48% 5
Slide 31: Industry Landscape & Positioning
05 INDUSRY LANSCAPE & POSITIONING 30
Slide 32: 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$) 1.9 1.1 15% India’s Per C
Slide 33: 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 Q4 FY25 Q4 FY26 Expansive and Diverse Premium-Plus Nike Product Portfolio across the 13% (Above INR 3,000) Priced above INR 1,
Slide 34: Thank You
THANK YOU 33