Annual Report

Corporate Office Annual Report 2025-26 INVESTOR INFORMATION Contents Market Capitalisation as at December 31, 2025: ₹ 2,160.60 Crs CIN: L74899DL1989PLC034995 BSE Code: 533267 NSE Symbol: CANTABIL Dividend: 1.5% (2025-26) 01-35 AGM Date: 08.09.2026 CORPORATE OVERVIEW Forward-looking statement In this Annual Report, we have disclosed forward-looking information to About Cantabil 02 help investors understand our prospects and make informed decisions. Business Mix Indicators 04 This report, and other statements that we may make from time to time, may contain forward-looking statements based on management plans Why Cantabil 05 and assumptions. We have tried, wherever possible, to identify such Our Journey 06 statements through words such as 'anticipates', 'estimates', 'expects', 'projects', 'intends', 'plans' and 'believes'. We cannot guarantee that these Our Footprint 08 statements will be realised. Results are subject to risks, uncertainties and Chairman and Managing Director's Message 10 assumptions that may prove inaccurate. Should known or unknown risks materialise, actual outcomes could vary materially from those anticipated, Whole-Time Director's Message 12 estimated or projected. Readers should bear this in mind. We undertake no Key Performance Indicators 16 obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise. Vision 2027 18 Pillar 1: Retail, Product and Customer Focus 20 Scan this QR code to navigate Pillar 2: Manufacturing, Sourcing and 22 investor-related information Inventory Management An electronic version of this Pillar 3: Technology and Digital 24 report is available online at Pillar 4: Brand and Marketing 26 www.cantabilinternational.com Pillar 5: People Centricity 28 Corporate Social Responsibility 30 Governance 31 Corporate Information 34 36-136 137-205 STATUTORY REPORTS FINANCIAL STATEMENTS Notice to Shareholders 36 Independent Auditor's Report 137 Director's Report 52 Financial Statements 148 Management Discussion and Analysis 80 Business Responsibility & 87 Sustainability Report 2025-26 Corporate Governance Report 115 One wardrobe. Many moments. A family buys for different TRUST OPENS THE NEXT CATEGORY THE NAME CARRIES ONE STANDARD people, different occasions and A customer who knows Cantabil's Every garment, store and channel fit, fabric and price in one category carries the same name. Quality and value the same household budget. approaches another with greater therefore, have to remain consistent, confidence. The relationship expands irrespective of category, format or city. A household wardrobe is assembled through repeated product experience. across the year. Work, school, travel, A family brand grows by becoming useful celebrations, weekends and changing more often, while remaining familiar weather bring dierent needs to the A WIDER WARDROBE CREATES every time. same shopping trip. A formal shirt may MORE OCCASIONS TO RETURN be bought with denims. A child may need Dierent members of the family shop winterwear while a parent is choosing at dierent points of the year. Breadth occasion apparel. The choices are increases the usefulness of the personal, but the expectations are brand without making its proposition shared: a familiar fit, dependable quality less recognisable. and a price the family considers fair. Cantabil has widened around this everyday paern. Men's wear established the first relationship. Women's wear, kids' wear and accessories extended the name to more members of the household, while formal, casual, winter and occasion-led ranges created more reasons to return. ‘One Brand. Every Family.’ describes the next phase of Cantabil's growth. The opportunity is to extend existing trust across categories, occasions and city tiers while preserving the product value that made the name familiar. About Cantabil A familiar name with a wider role An integrated value-fashion business combining product control, direct retail and flexible capacity. 35+ 652 Cantabil Retail India Limited designs, manufactures, sources, YEARS OF EXCLUSIVE brands and retails apparel and accessories under the Cantabil ENTERPRISE HISTORY BRAND OUTLETS name. Incorporated in 1989, the Company entered garment Incorporated in 1989 As on 31 March 2026 retailing in 2000 and now serves men, women and children through a network spanning 308 cities across 21 states. The proposition occupies the broad middle of the Indian apparel 308 4 market: contemporary styling, dependable construction and economy-to-mid-premium pricing. It is designed for households CITIES PRINCIPAL CATEGORIES that want current fashion without moving beyond a considered Across 21 states Men, women, family budget. kids, accessories Cantabil operates through an integrated but flexible model. Design, product approval and quality standards remain at the forefront of the Company's focus. Manufacturing is supported by an owned 9.15 1 facility, job workers and selected finished-garment sourcing. LAKH SQ. FT. RETAIL AREA MASTER BRAND Customers are reached through company-operated stores, Up 13.8% in FY2025-26 One customer promise franchise outlets and leading online marketplaces. The routes may dier; the brand promise remains common. 2 CANTABIL RETAIL INDIA LIMITED Corporate Overview Statutory Reports Financial Statements Vision Values At Cantabil, our vision is to become a global At Cantabil, our values are the foundation of everything we do. We believe leader in the fashion industry, renowned in quality, ensuring that every piece of clothing we oer meets the highest for our unwavering commitment to quality, standards of craftsmanship and durability. Our commitment to innovation style, and innovation. We aim to inspire and drives us to constantly explore new ideas and technologies, bringing empower individuals by providing a diverse fresh and exciting fashion to our customers. Integrity guides our actions and dynamic range of clothing collections and decisions, fostering trust and transparency in all our dealings. We are that cater to every taste and occasion, dedicated to sustainability, striving to minimise our environmental impact making fashion accessible to everyone. Our and promote ethical practices throughout our supply chain. Customer dedication to sustainability and excellence satisfaction is at the heart of our mission, as we aim to exceed expectations drives us to continually evolve and set new and create a memorable shopping experience for everyone. Together, these benchmarks in the world of fashion. We values shape our vision and fuel our passion for fashion. envision a future where Cantabil not only meets but exceeds the expectations of our customers, contributing to a more stylish, confident, and sustainable world. Mission Our mission at Cantabil is to deliver exceptional fashion that combines quality, style, and aordability. We are dedicated to providing our customers with a seamless online shopping experience, oering a diverse range of clothing that caters to every need and occasion. By embracing innovation and sustainable practices, we aim to lead the fashion industry in creating a positive impact on both our customers and the environment. We strive to exceed expectations, inspire confidence, and enhance the lives of those who wear our creations. Annual Report 2025-26 3 Business Mix Indicators Format and Revenue Mix STORE CATEGORIES (NUMBER) Store format FY24 FY25 FY26 Family stores 174 210 238 Men's stores 311 335 351 Women and 48 54 63 kids' stores Between FY2023-24 and FY2025-26, family stores grew at a 16.9% CAGR, women and kids' stores at 14.6%, and men's stores at 6.2%. Men's stores remained the largest format. REVENUE BY CATEGORY (%) Category FY24 FY25 FY26 Men's wear 83 81 81 Women's wear 11 11 11 Accessories 4 5 5 Kids wear 3 3 3 Men's wear remained the core category at 81% of FY2025-26 revenue. Women's wear held steady at 11%, while accessories contributed 5%. REVENUE BY ZONE (%) REVENUE BY ST [Showing first 8,000 characters — download PDF for full document]