To fuel its expansion, Cantabil plans to open 70–75 new stores annually, targeting a deeper presence in Tier II and III cities alongside reinforced coverage in metros.
Cantabil
Cantabil Retail targets to achieve INR 1,000 crore in revenues by FY27, even as it declared a 25% final dividend at its 37th Annual General Meeting (AGM).
The apparel retailer reported a 17% jump in revenues to INR 721.1 crore for FY25, compared to INR 615.6 crore in FY24. Profit After Tax (PAT) rose 20% year-on-year to INR 74.9 crore, underscoring the company’s strong financial performance and operational resilience.
At the AGM, shareholders cleared all agenda items, including the dividend announcement, highlighting the company’s focus on rewarding investors while reinvesting in growth.
To fuel its expansion, Cantabil plans to open 70–75 new stores annually, targeting a deeper presence in Tier II and III cities alongside reinforced coverage in metros. On the digital side, the company aims to increase e-commerce sales from 6% to 10% in the coming year.
The rollout of a new ERP system is expected to boost efficiency across manufacturing, logistics, and retail operations, supporting the company’s vision of 22–24% annual growth.
Commenting on the outlook, Vijay Bansal, Chairman & Managing Director, Cantabil Retail said, “We believe in driving sustainable growth by consistently investing in expansion, innovation, and customer experience. With strong consumer trust, a resilient business model, and our focus on execution, Cantabil is well-positioned to achieve its next phase of growth.”
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