Footwear company Campus Activewear announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Revenue from operations surged by 28.8% YoY to Rs 333.3 crore in Q2FY25 attributed to continued push toward distribution channel despite of challenging macros. The sales volume grew by 36.3% YoY to 5.36 million pairs in Q2FY25. Campus Activewear's ASP stood at Rs 622 in Q2FY25 vis-a-vis Rs 658 in Q2FY24. EBITDA stood at Rs 41.6 crore in Q2FY25; EBITDA margin at 12.3% during the quarter. PAT was at Rs 14.3 crore in Q2FY25; PAT margin at 4.2 % during the quarter. H1FY25 Financial Highlights: Revenue from operations grew by 9.8% YoY to Rs 672.5 crore during H1FY25 led by higher distribution push. The sales volume grew by 16.6% YoY to 11.15 million pairs in H1FY25. Campus Activewear's ASP stood at Rs 603 in H1FY25 vis-a-vis Rs 641 in H1FY24. EBITDA grew by 4.7% YoY to Rs 95.6 crore in H1FY25; EBITDA margin at 14.2% during H1FY25. PAT grew by 24.8% YoY to Rs 39.7 crore in H1FY25; PAT margin at 5.9% during H1FY25. Nikhil Agarwal, CEO, Campus Activewear, said: Campus Activewear achieved 28.8% YoY growth in the revenues during the second quarter of the fiscal year 2024-25, achieving it’s highest ever Q2 sales, driven by strategic distribution initiatives, despite challenging macro-economic environment. Our expansive PAN India network expanded with the addition of 9 stores (including 5 stores conversion from FOFO to COCO) during the quarter. Our margins were under check due to higher trade spends driven by Retailers meet, phasing of performance marketing spends in online platforms & higher online commission. During the Quarter we have onboarded Vicky Kaushal, a renowned Bollywood actor as our new brand ambassador. We plan to leverage this association for further building our brand through various media channel. Additionally, our recent ‘Move Your Way’ campaign intends to make a deep connect with our target audience. At Campus, we are committed to providing innovative and unique products designed for the vibrant Indian market. Our nimble and trend-driven strategy enables us to create agile and fashion-forward product portfolio that aligns with the diverse family needs across various occasions. We continue to integrate durability and adaptability into our core product development and design ethos, thereby appealing to a broad PAN-India demography.” Result PDF
Conference Call with Campus Activewear Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Footwear company Campus Activewear announced Q1FY25 results: Revenue from operations stood at Rs 339.2 crore in Q1FY25 amidst muted demand scenario driven by general elections. The revenues dropped by 4.1% YoY. Sales Volume stood at 5.8 million pairs in Q1FY25 driven by higher sale of open footwear Average Selling Price stood at Rs 585 in Q1FY25 vis-à-vis Rs 629 in Q1 FY24 driven by higher saliency of open footwear EBITDA stood at Rs 54 crore in Q1FY25: EBITDA margin at 15.8% during the quarter. PAT was at Rs 25.4 crore in Q1FY25: PAT margin at 7.4% during the quarter. Commenting on the results and performance, Campus Activewear’s CEO Nikhil Agarwal said, “Campus Activewear registered 4.1 % degrowth YOY to Rs 339.2 crore in Q1FY25 driven by muted demand scenario, witnessed across the rural and semiurban areas. Company continued its focus on driving reach & enhancing its retail footprint in new geographies. During the quarter company added 13 new stores. Campus Activewear continued to expand its geographical footprints in FY25. Campus Activewear strives to bring the best global design and technology backed Sports and Athleisure footwears to its customers with a diverse product portfolio, multiple colour styles and value-for-money proposition. With its strong balance sheet position, the management remains committed to scale and strengthen its omni-channel capabilities, deliver exceptional consumer experience through innovative products and continue to strengthen Campus brand recall as an integral part of the daily active lifestyle of every Indian family.” Result PDF