Campus Activewear Q2 EPS rises to Rs 0.79 from Rs 0.66

Campus Activewear Limited reported basic earnings per share (EPS) of Rs 0.79 for the quarter ended 30 September 2026, up from Rs 0.66 a year earlier, while basic EPS for the six months reached Rs 1.65. The board approved the unaudited results on 5 November 2026, and B S R and Co issued an unmodified limited-review conclusion.

What did Campus Activewear report for the September quarter?

Campus Activewear reported basic and diluted EPS of Rs 0.79 each for the quarter ended 30 September 2026, compared with Rs 0.66 each in the quarter ended 30 September 2025. EPS is the profit attributable to each equity share, and the company’s shares have a face value of Rs 5 each.

Campus Activewear’s board considered and approved the unaudited quarterly and half-year results on 5 November 2026. The board meeting began at 11:00 a.m. and concluded at 12:45 p.m., according to the company’s exchange announcement.

How did Campus Activewear’s EPS change from a year earlier?

Campus Activewear’s basic EPS increased by Rs 0.13 per share year on year, from Rs 0.66 in the September 2025 quarter to Rs 0.79 in the September 2026 quarter. This represents an increase of about 19.7%, calculated from the two reported per-share figures.

Campus Activewear reported basic EPS of Rs 0.81 for the preceding quarter ended 30 June 2026. The September-quarter EPS was therefore Rs 0.02 below the preceding quarter, although it was Rs 0.13 above the corresponding quarter of 2025.

Campus Activewear reported no difference between basic and diluted EPS in either the September 2026 or September 2025 quarter. Both measures were Rs 0.79 in the latest quarter and Rs 0.66 in the comparable quarter a year earlier.

What do Campus Activewear’s first-half results show?

Campus Activewear reported basic EPS of Rs 1.65 for the six months ended 30 September 2026, compared with Rs 1.30 for the six months ended 30 September 2025. The Rs 0.35 per-share increase over the half year was larger than the Rs 0.13 increase recorded in the September quarter alone.

Campus Activewear reported diluted EPS of Rs 1.64 for the six months ended 30 September 2026, versus Rs 1.30 in the prior-year six-month period. The Rs 0.01 difference between basic and diluted EPS in the latest half year contrasts with identical basic and diluted EPS of Rs 0.79 in the September 2026 quarter.

Campus Activewear recorded profit before tax of Rs 68.29 crore in the six months ended 30 September 2026, according to its cash-flow statement. Depreciation and amortisation were Rs 46.46 crore and finance costs were Rs 9.87 crore over the same six-month period.

Campus Activewear classifies its business as one operating segment, footwear and its related products, under Indian Accounting Standard 108. Consequently, the results for the six months ended 30 September 2026 do not break out revenue, profit or assets across multiple operating segments.

How did Campus Activewear’s balance sheet change by September?

Campus Activewear’s total assets were Rs 1,568.19 crore at 30 September 2026, up from Rs 1,467.19 crore at 31 March 2026. Current assets increased to Rs 983.62 crore from Rs 879.34 crore over the same period.

Campus Activewear’s inventory rose to Rs 628.24 crore at 30 September 2026 from Rs 449.45 crore at 31 March 2026, an increase of Rs 178.79 crore. Trade receivables increased to Rs 183.83 crore from Rs 152.75 crore, while cash and cash equivalents declined to Rs 2.94 crore from Rs 3.96 crore.

Campus Activewear reported total liabilities of Rs 653.78 crore at 30 September 2026, compared with Rs 560.94 crore at 31 March 2026. Current liabilities were Rs 457.15 crore and included current borrowings of Rs 78.00 crore and Rs 190.62 crore of trade payables to creditors other than micro and small enterprises.

Campus Activewear’s non-current liabilities were Rs 196.63 crore at 30 September 2026, compared with Rs 189.46 crore at 31 March 2026. Non-current lease liabilities were Rs 160.21 crore, while current lease liabilities stood at Rs 34.94 crore at the September reporting date.

What does Campus Activewear’s cash flow statement indicate?

Campus Activewear’s operating cash flow was affected by working-capital movements during the six months ended 30 September 2026. Inventories increased by Rs 169.75 crore and trade receivables rose by Rs 37.88 crore, partly offset by a Rs 30.02 crore increase in trade payables.

Campus Activewear paid Rs 25.99 crore in income tax during the six months ended 30 September 2026. Its cash-flow statement also records a Rs 10.86 crore increase in other non-current financial liabilities and a Rs 15.64 crore increase in other current assets during the period.

Campus Activewear spent Rs 43.08 crore on property, plant and equipment, capital work-in-progress, intangible assets and related capital items in the six-month period. Investing activities generated Rs 103.57 crore overall, including Rs 187.78 crore of proceeds from maturity of bank deposits and Rs 63.05 crore invested in bank deposits.

Campus Activewear’s current borrowings increased by a net Rs 41.91 crore in the six months ended 30 September 2026. Gross proceeds from current borrowings were Rs 1,836.25 crore and gross repayments were Rs 1,794.34 crore, while cash and cash equivalents ended the period at Rs 2.94 crore.

Conclusion

Campus Activewear’s September 2026 quarter delivered basic EPS of Rs 0.79, compared with Rs 0.66 a year earlier, while first-half basic EPS rose to Rs 1.65 from Rs 1.30. The balance sheet expanded by Rs 101.00 crore from 31 March 2026, with the Rs 178.79 crore increase in inventory exceeding the rise in total assets.

The next disclosures will show whether inventory of Rs 628.24 crore, receivables of Rs 183.83 crore and current borrowings of Rs 78.00 crore change after 30 September 2026. Campus Activewear also disclosed that Campus Foundation, incorporated during the quarter to discharge corporate social responsibility obligations, had no activities or transactions at the reporting date.