Campus Activewear Ltd
Campus Activewear Limited (“Campus”) was incorporated on September 24, 2008, and is one of India’s largest sports and athleisure footwear brands in terms of value and volume. The company manufactures and distributes a variety of footwear like Running Shoes, Walking Shoes, Casual Shoes, Floaters, Slippers, Flip Flops, and Sandals, available in multiple colors, styles, and at affordable prices.[1]
Weaknesses
- −Stock is trading at 8.95 times its book value
- −Company might be capitalizing the interest cost
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 73.87% | 73.87% | 73.84%▼0.0 | 72.14%▼1.7 | 72.13%▼0.0 | 72.13% | 72.11%▼0.0 | 72.09%▼0.0 |
| FIIs | 5.94% | 5.67%▼0.3 | 5.35%▼0.3 | 6.61%▲1.3 | 6.67%▲0.1 | 5.99%▼0.7 | 6.15%▲0.2 | 6.07%▼0.1 |
| DIIs | 9.44% | 11.81%▲2.4 | 11.4%▼0.4 | 11.12%▼0.3 | 11.79%▲0.7 | 11.82%▲0.0 | 11.71%▼0.1 | 11.6%▼0.1 |
| Public | 10.76% | 8.66%▼2.1 | 9.4%▲0.7 | 10.13%▲0.7 | 9.42%▼0.7 | 10.06%▲0.6 | 10.03%▼0.0 | 10.24%▲0.2 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 259 | 472 | 364 | 339 | 333 | 515 | 406 | 343 | 387 | 589 |
| Expenses | 234 | 416 | 300 | 287 | 295 | 433 | 334 | 294 | 337 | 478 |
| Operating Profit | 24 | 56 | 64 | 52 | 38 | 82 | 71 | 49 | 50 | 110 |
| OPM % | 9% | 12% | 18% | 15% | 11% | 16% | 18% | 14% | 13% | 19% |
| Net Profit | 0 | 25 | 33 | 25 | 14 | 46 | 35 | 22 | 20 | 64 |
| EPS ₹ | 0.01 | 0.82 | 1.07 | 0.83 | 0.47 | 1.52 | 1.15 | 0.73 | 0.66 | 2.08 |
AI Insights
TTM revenue at ₹1,724Cr, up 8.2% YoY. OPM at 16%.
Borrowings at ₹381Cr. Debt-to-equity ratio: 0.59x. Moderate leverage.
CWIP at ₹26Cr (5% of fixed assets). Moderate ongoing capital expenditure.
DIIs: 11.6% (+4.97pp change). FIIs: 6.07% (-5.42pp change). Promoters hold 72.09%.
ROCE improving from 0% (Mar 2018) to 20% (Mar 2025). Working capital days: 89.
PE 50.1x with 20.1% ROCE. Price is 788% above book value of ₹26. Dividend yield: 0.42%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Meeting Updates 1 May - NRC granted 700,000 ESOPs at Rs. 220 per share; grant date 2 May 2026.
- Announcement under Regulation 30 (LODR)-Change in Management 1 May - Campus Activewear re-designates Uplaksh Tewary as COO and Alka Monga as VP-HR from 2 May 2026.
- Announcement under Regulation 30 (LODR)-Meeting Updates 1 May - Campus Activewear grants 700,000 options to one employee at Rs. 220, with grant date 2 May 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Apr
- Closure of Trading Window 25 Mar
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse