Revenue from operations increased 9 per cent to Rs 191.7 crore in the September quarter, while the apparel retailer plans to expand its store network to 725 outlets
Cantabil Retail India reported a 4 per cent year-on-year increase in standalone net profit to Rs 7.05 crore for the July-September quarter of FY27, compared with Rs 6.75 crore in the corresponding period last year. Revenue from operations rose 9 per cent to Rs 191.7 crore from Rs 176 crore a year earlier.
The apparel retailer’s earnings before interest, taxes, depreciation and amortisation (Ebitda) increased 5 per cent to Rs 44.4 crore during the quarter, against Rs 42.1 crore in Q2 FY26. However, its Ebitda margin contracted to 23.2 per cent from 23.9 per cent in the year-ago period, according to the company’s investor presentation released on 13 November.
The company’s same-store sales growth (SSG) stood at negative 2.03 per cent during the quarter, indicating a decline in sales at existing outlets. This came despite a 6.02 per cent year-on-year increase in sales volume. Average bill value (ABV) improved to Rs 4,049 from Rs 3,890, while average selling price (ASP) increased to Rs 859 from Rs 826. However, sales per square foot declined to Rs 608 from Rs 637.
The reported quarterly profit includes a Rs 4.85 crore increase arising from Cantabil’s reassessment of lease-term estimates for its store properties. On a pre-Ind AS 116 basis, net profit declined 35 per cent to Rs 5.7 crore from Rs 8.9 crore in the corresponding quarter last year.
Store Expansion And Retail Network
Cantabil added 23 stores on a net basis during the September quarter, taking its total store count to 690. Its retail area expanded to 9.89 lakh square feet from 8.64 lakh square feet in Q2 FY26. The company operated across 315 cities in 22 states at the end of the reporting period.
Under its expansion plans, Cantabil aims to increase its store network to 725 outlets and extend its geographical presence to 330 cities. It is also looking to increase its presence in exclusive women’s and children’s wear stores.
First-Half Performance
For the six months ended September 2026, Cantabil reported an 11 per cent increase in revenue from operations to Rs 370.5 crore, compared with Rs 334.7 crore in the corresponding period last year.
Ebitda grew 14 per cent to Rs 103.8 crore from Rs 91.1 crore, while profit after tax increased 9 per cent to Rs 23.4 crore from Rs 21.4 crore. The Ebitda margin improved to 28 per cent from 27.2 per cent in the first half of FY26.
The company added 38 stores on a net basis during the first half. Same-store sales growth stood at 0.88 per cent, while sales volume increased 6.72 per cent year-on-year. Its average bill value rose to Rs 4,307 from Rs 4,021, and average selling price increased to Rs 965 from Rs 918. Sales per square foot declined to Rs 609 from Rs 623.
Online Sales And Vision 2027
Online sales accounted for approximately 6 per cent of Cantabil’s total sales in FY26. The company aims to increase the channel’s contribution to 8-10 per cent over the next two years while maintaining profitability. Its products are available on marketplaces including Amazon, Flipkart, Myntra, Nykaa and Ajio.
Under its Vision 2027 strategy, Cantabil is targeting revenue of Rs 1,000 crore and an EBITDA margin of approximately 28-30 per cent. Its plans include expanding the store network, improving inventory rotation and taking same-store sales growth to higher single-digit levels.
The company’s integrated manufacturing facility in Bahadurgarh, Haryana, spans approximately two lakh square feet and has an annual production capacity of 18 lakh garments.
