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 After making a high of 370, the stock is consolidating and now at 280 levels and looks to scale past 370 level on following inputs • Growth was broad-based across MBO (led by reach expansion in key markets). • Company witnessed some tailwinds from BIS in 3Q itself. • Volume grew 10.4% yoy to 7.6 mn pairs. • Campus reported 10.4%/9.1% volume/value growth in Q3. • Stock is currently trading at 43.0x P/E FY27E earnings. • We expect EPS to grow by 25.0% in FY26E & by 20.2% in FY27E. • We value CAMPUS using Discounted Cash Flow (DCF) Methodology.

#WatchOutFor#TechnicalViews#FundamentalViews#EquityResearch#PersonalFinance