Campus Activewear Limited has officially appointed Rakesh Thakur as the company’s new CFO and KMP. The move comes at a time when the renowned sporting and athleisure footwear company is aiming to strengthen its overall financial governance while concurrently ensuring profitable business growth for the coming phase ahead.

Executive leadership and financial performance metrics

Rakesh Thakur will work closely with the executive leadership team and the Board of Directors at Campus Activewear Limited in his new role. His main functional responsibilities include the enhancement of financial efficiency throughout the enterprise as well as optimizing capital allocation strategies, improving the ability to generate cash, increasing operating margins, and maintaining the highest corporate governance standards within the enterprise framework.

With nearly 23 years of wide and extensive professional exposure across multiple prominent consumer electronics and retail businesses, Rakesh Thakur now fills the shoes of CFO. Before this, he served as Group CFO at Imagine Marketing Ltd, the holding company of the leading consumer electronics company boAt. 

The executive transition comes amidst a stretch of financial growth for the footwear company. Campus Activewear Limited reported consolidated top-line revenue of ₹385.2 crore in the first quarter of FY27. A financial performance that serves as a remarkable revenue growth rate, 12.2% y-o-y. The overall volume of the company’s product sales was also a key contributor to the increase, posting a 57.1 million-pair sales count, which equated to an 11.7% year-on-year volume rise.

The company has also shown healthy profit metrics for the same quarter, with Profit After Tax (PAT) rising by 17.7% Y-o-Y to ₹26.1 crore. This operational growth sustained a wide-based trend underpinned, in official disclosures, by the very strong performances in its geared-for-women and kids household footwear segment, both of which acted as enterprise growth engines.

Operational footprint and omnichannel integration

Campus Activewear Limited chief executive officer Nikhil Aggarwal emphasized CFO appointment significance, expressing confidence in Thakur’s experience. Aggarwal said that Thakur’s deep knowledge of consumer-oriented enterprises and his financial leadership experience would greatly benefit Campus Activewear’s operations. 

As the brand expands its operations, Nikhil Aggarwal said Rakesh Thakur’s tenure will cement the firm’s financial structure, improve capital utilization, and enable more data-driven decision-making processes.

In his view on the Financial Division, Rakesh Thakur stated his initial focus areas at Campus Activewear Limited. His primary focus will be to accelerate long-term, sustainable growth on both the top line and operating margins, he said. 

Rakesh Thakur underlined his resolve to reinforce financial discipline, improve the efficiency of capital usage and institutionalize scalable business processes across the organization.

Campus Activewear Limited first debuted in 2005 and has built a reputation as a manufacturer of sporting and athleisure shoes designed for the entire family. The company has 7 integrated plants nationwide to meet its wide retail demand. As at June 30, 2026, these production assets created an installed capacity for assembling shoe pairs of 30.7 million pairs per year.

The brand’s physical distribution logistics are built on a pervasive supply chain network that includes over 260 distributors. The network feeds directly into more than 31,000 retail partners across more than 850 districts in India. 

Campus Activewear Limited has a direct-to-consumer presence with over 305 exclusive brand outlets (EBOs) organised across a mix of company-owned, company-operated stores and franchise offers.

Campus Activewear Limited also boasts a robust e-commerce footprint with a significant presence on major online platforms such as Flipkart, Amazon, AJIO and Myntra, apart from handling direct orders through its very own e-commerce storefront. From FY2021 to March 2026, the firm delivered revenue growth from its digital and e-commerce channels alone at a compound annual growth rate (CAGR) surpassing 34%.

Conclusion

With its expanding distribution channel, manufacturing capacity, omnichannel approach, and the current footwear demand, Campus Activewear Limited maintains its growth strategy in the competitive sports and athleisure footwear market in India.

The appointment of Rakesh Thakur, the Chief Financial Officer, and Key Managerial Personnel, underscores the firm’s deliberate efforts to strengthen its internal financial framework and operational pillars as it transitions into a new era of market growth.