CANTABIL Q1 FY27 Guidance vs Delivery (CANTABIL Management Mirror)

Revenue Reported at INR 178.8 Crore in Jun'26 Qtr; FY27 Target Reaffirmed at INR 1,000 Crore Amid Shift in Festive Dates

Management's Vision 2027 strategic blueprint to reach a revenue milestone of INR 1,000 crores by FY27 was first articulated in the Dec'25 Qtr concall, underpinned by a targeted long-term revenue growth rate of 20%+ (composed of 6% to 7% SSSG and 13% to 14% from store network expansion and e-commerce channels). In the Mar'26 Qtr concall, the company reaffirmed the FY27 revenue target of INR 1,000 crores, and for the Mar'26 Qtr, reported FY26 revenue of INR 852.6 crores (an 18% growth over FY25). In the Jun'26 Qtr, the company reported actual revenue of INR 178.8 crores (up 13% YoY). During the Jun'26 Qtr concall, management again reaffirmed the FY27 target of INR 1,000 crores, projecting 18% to 19% total growth for the year (composed of 11% to 15% volume growth, 5% to 6% SSSG, and the remainder from inflation/pricing). Management noted that current demand conditions in Jul'26 showed moderate numbers, with a shift in the timing of Raksha Bandhan and Diwali postponing festive sales.