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Campus Activewear Ltd - 543523 - Closure of Trading Window

Intimation of closure of trading window
28-06-2024
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Q4 margin show and recovery hopes drive gains in Campus Activewear

The company's revenue performance was broadly in line with a 4.6 per cent growth in revenues brought on by a 4 per cent improvement in volumes and a marginal gain in realisations
17-06-2024
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Campus Activewear Ltd - 543523 - Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015

Revised intimation of violation of code of conduct under PIT regulations
13-06-2024
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Campus Activewear Ltd - 543523 - Compliances-Reg.24(A)-Annual Secretarial Compliance

Annual Secretarial Compliance report for the year ended March 31, 2024
30-05-2024
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Campus Activewear Ltd - 543523 - Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015

Reporting of violation related to Code of Conduct for PIT Regulations, 2015 by Designated Persons
29-05-2024
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Q4FY24 Quarterly & FY24 Annual Result Announced for Campus Activewear Ltd.

Footwear company Campus Activewear announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue from operations stood at Rs 363.9 crore in Q4FY24 owing to renewed focus on trade distribution. The revenues dropped by -22.9% QoQ due to seasonality effect. The sales volume stood at 5.7 million pairs in Q4FY24. Campus Activewear's ASP stood at Rs 636 in Q4FY24 vis-a-vis Rs 632 in Q4FY23. EBITDA stood at Rs 66.4 crore in Q4FY24: EBITDA margin at 18.3% during the quarter. PAT was at Rs 32.7 crore in Q4FY24: PAT margin at 9.0 % during the quarter. FY24 Financial Highlights: Revenue from operations stood at Rs 1,484.3 crore in FY24. The sales volume stood at 22.2 million pairs in FY24. Campus Activewear's ASP stood at Rs 652 in FY24 vis-a-vis Rs 631 in FY23. EBITDA stood at Rs 215.3 crore in FY24; EBITDA margin at 14.9% during the period. PAT stood at Rs 89.4; PAT margin at 6.2% in FY24. Commenting on the results and performance, Campus Activewear’s CEO Nikhil Agarwal said, “We would like to perceive FY24 as a transitionary year. Campus Activewear made a strong comeback in H2FY24 with vigoured focus on trade distribution and new launches. The Company was successful in grabbing customer’s mindshare and wallet share from its prudent investment in the brand for its R&D; enabled products. Campus Activewear continued to expand its geographical footprints in FY24. The Company added 66 stores in Western, Southern and Eastern states of India taking the total EBOs to 250+ during the year. Despite of challenging business environment, we remained committed to strengthen our balance sheet. The Company repaid its borrowing of Rs 156 croreore in FY24, thereby achieving net-debt free status during FY24. Additionally, we have made significant improvement in our working capital days from 108 days in FY23 to 79 days in FY24 led by lower inventory and conscious trimming of receivable days. 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
29-05-2024

Campus Activewear shares rally 13% after Q4 results. Should you buy, sell or hold?

The company also posted a 4.6% YoY increase in revenue at Rs 363.9 crore while the EBITDA rose by 16% at Rs 66.4 crore vs Rs 57.1 crore in the fourth quarter last year.
29-05-2024
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