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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Campus Activewear
Campus Activewear (CAMPUS) investor relations material
Campus Activewear Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary5 Nov, 2026
Executive summary
Q2 FY27 revenue from operations rose 16.9% YoY to INR 452.10 crore; PAT increased 21.3% to INR 24.34 crore.
H1 FY27 revenue grew 14.7% to INR 837.30 crore and PAT rose 19.4% to INR 50.48 crore; volume increased 10.9%.
Board approved unaudited results for the quarter and half year ended 30 September 2026; the limited review report was unmodified.
Financial highlights
Q2 volume grew 10.2% to 6.3 million pairs, with ASP up 6%; EBITDA increased 12.5% to INR 62 crore.
H1 EBITDA was INR 125 crore, up 12.9% YoY; total expenses were INR 782.16 crore, including INR 549.10 crore of materials consumed.
Q2 profit before tax was INR 33.00 crore versus INR 26.95 crore YoY; H1 profit before tax was INR 68.29 crore versus INR 57.33 crore.
Q2 gross margin was 51.4%; material-cost inflation and the lag before pricing benefits flowed through weighed on margins.
Outlook and guidance
FY27 growth guidance remains mid-teens and EBITDA margin guidance 17%; H2 profitability is expected to benefit from seasonality, operating leverage, pricing, product mix and cost discipline.
Management said the 17% margin guidance does not depend on raw-material costs declining; input-cost pressure is expected to flow through the ecosystem from January.
Further price increases depend on input-cost movements; another hike may be needed if costs rise again.
Growth priorities include adding EBO and CSD outlets, scaling quick-commerce, deepening South India penetration, and pursuing the UK, UAE and Southeast Asia.
Strategic inventory was built ahead of anticipated Q3 festive demand.
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Latest events from Campus Activewear
- Q1 FY27 delivered 12.2% revenue growth, strong D2C gains, and robust profit and margin performance.CAMPUS
Q1 26/27 - Double-digit revenue and profit growth, margin expansion, and dividend proposed.CAMPUSQ4 25/26
- Q3 FY26 revenue up 14.3% YoY, PAT up 37%, led by premiumization and D2C channel growth.CAMPUSQ3 25/26
- Q2 FY26 saw robust revenue and profit growth, margin expansion, and major capacity investments.CAMPUSQ2 25/26
- Q1 FY26 revenue rose 1.2% to INR 343.3 crore, with margin gains and dividend proposed.CAMPUSQ1 25/26
- Q2 FY25 delivered strong revenue and volume growth, with margin recovery expected in H2.CAMPUSQ2 24/25
- Q1 FY25 volume rose 3% but revenue and profit declined; margins and leadership remained stable.CAMPUSQ1 24/25
- Revenue up 10% to INR 1,593 crore, net profit INR 121.2 crore, D2C and sneakers drive growth.CAMPUSQ4 24/25
- Q3 FY25 saw record revenue, profit growth, and interim dividend, led by sneakers and D2C sales.CAMPUSQ3 24/25
Next Campus Activewear earnings date
Q3 26/271 Feb, 2027
Campus Activewear
Next Campus Activewear earnings date
Q3 26/271 Feb, 2027
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Frequently asked questions
Campus Activewear Limited is an India-based company specializing in the design, manufacturing, and distribution of casual and sports footwear. The company offers products for various customer segments, including men, women, and children, and markets its products under its own brand. Campus Activewear distributes through retail outlets, online platforms, and its exclusive brand stores. The company is headquartered in New Delhi, India, and its shares are listed on the NSE.