Tepid industry demand recovery
Management noted that overall industry demand has not picked up as anticipated, which could cap growth.
CAMPUS / Q3-FY26 / risks
Keep the risk register visible.
Campus Activewear · Material risks, their source context, and severity in the latest available quarter.
Research layer active
ConCallIQ research layer
Signal, with the source still visible.
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Risk intelligence
Material risks this quarter
medium
Inverted duty structure impact
Analyst raised concern about inverted GST duty; management said they are filing refunds but impact not quantified.
Q4 seasonality shift to open footwear
Q4 typically sees higher mix of open footwear, which may pressure ASP and margins.