Cantabil Retail India Limited is targeting a turnover of Rs. 1,000 crore (US $104.62 million) in the current financial year, building on a record FY ’26 and a strong start to FY ’27. The company closed FY ’26 with revenue of Rs. 852.6 crore (US $89.21 million), registering an 18% year-on-year growth, and has continued to maintain its momentum in the June quarter.
Revenue from operations in Q1 FY ’27 grew 13% year on year to Rs. 178.8 crore (US $18.71 million), while EBITDA increased 21% to Rs. 59.4 crore (US $6.21 million). Consequently, the EBITDA margin improved to 33.2% from 30.8% in the year-ago quarter. PAT for the quarter also grew 11% to Rs. 16.3 crore (US $1.71 million).
Meanwhile, same-store sales growth stood at 4.04% during the quarter. Over the longer term, the company has delivered a five-year revenue CAGR of 22% and a PAT CAGR of 26%.
The growth is being supported in part by Cantabil’s shift towards larger store formats. The company recently opened its largest store to date in Delhi’s Karol Bagh, spread across 8,000 square feet, which is more than double the size of its previous largest outlet.
Currently, Cantabil operates 667 stores across 9.42 lakh square feet of retail space. The company plans to add 80 new stores during the financial year, primarily across Tier 1 and Tier 2 towns, where it intends to introduce more large-format outlets.
Commenting on the growth trajectory, Deepak Bansal, Whole-Time Director, Cantabil Retail India Limited, said, “Crossing Rs. 1,000 crore (US $104.62 million) in turnover this year would be a significant milestone for us and a validation of the strategy we have followed over the last few years. Our move into larger store formats, especially in Tier 1 and Tier 2 towns, is already showing encouraging results, and we intend to build on this momentum as we prepare to enter South India in the next financial year.”
Alongside its core menswear business, which continues to anchor sales through shirts, trousers and denim, Cantabil is also expanding its footwear and accessories categories as well as its online channel. At the same time, the company is widening its presence in women’s and kids’ wear, which currently comprises around 67 exclusive stores.
Looking ahead, Cantabil plans to enter the South Indian market over the next few years. In addition, the brand is recalibrating its product mix to appeal to younger shoppers by introducing more stretchable and wrinkle-resistant fabrics, bolder prints and casual silhouettes aimed at Gen Z consumers.
