How has been the historical performance of Relaxo Footwear?

Answer:The historical performance of Relaxo Footwear shows a fluctuating trend in net sales and profits over the years, with net sales reaching 2,789.61 Cr in March 2025, a decrease from 2,914.06 Cr in March 2024, but an increase from 2,782.77 Cr in March 2023. The total operating income followed a similar pattern, peaking at 2,914.06 Cr in March 2024 and declining to 2,789.61 Cr in March 2025. The operating profit (PBDIT) also saw a decline, from 435.45 Cr in March 2024 to 408.96 Cr in March 2025, while profit before tax decreased from 269.27 Cr to 229.87 Cr in the same period. Profit after tax also fell from 200.47 Cr in March 2024 to 170.33 Cr in March 2025. The earnings per share (EPS) decreased to 6.84 in March 2025 from 8.05 in March 2024. On the balance sheet, total assets rose to 2,762.47 Cr in March 2025 from 2,713.91 Cr in March 2024, while total liabilities increased slightly to 2,762.47 Cr from 2,713.91 Cr. The company maintained a zero debt status in March 2025, consistent with previous years. Cash flow from operating activities improved significantly to 406.00 Cr in March 2025 from 235.00 Cr in March 2024, although the net cash outflow was recorded at -17.00 Cr in March 2025.

Breakdown:
Relaxo Footwear's financial performance over the years indicates a mixed trend in revenue and profitability. The net sales fluctuated, with a notable decrease in March 2025 compared to the previous year, while total operating income also saw a decline. Operating profit and profit before tax both decreased, reflecting challenges in maintaining profitability. Despite these declines, total assets increased, indicating growth in the company's financial base, while total liabilities remained stable, showcasing a strong balance sheet with no debt. Cash flow from operating activities improved, suggesting better operational efficiency, although the overall cash position showed a net outflow in March 2025. The decline in earnings per share further emphasizes the need for strategic adjustments to enhance profitability moving forward.