Relaxo Footwear

Who are in the management team of Relaxo Footwear?

As of March 2023, the management team of Relaxo Footwear includes Ramesh Kumar Dua (Managing Director), Mukand Lal Dua, Nikhil Dua, Gaurav Dua, Daval Ganguly (all Whole-Time Directors), along with several independent directors and Ankit Jain as Company Secretary. The team reflects a diverse governance structure with both executive and independent members.

As of March 2023, the management team of Relaxo Footwear includes the following individuals:<BR><BR>1. Ramesh Kumar Dua - Executive Director, Managing Director, and Promoter<BR>2. Mukand Lal Dua - Whole-Time Director and Executive Director<BR>3. Nikhil Dua - Whole-Time Director and Executive Director<BR>4. Gaurav Dua - Whole-Time Director and Executive Director<BR>5. Daval Ganguly - Executive Director and Whole-Time Director<BR>6. Vivek Kumar - Independent Non-Executive Director<BR>7. Pankaj Shrimali - Independent Non-Executive Director<BR>8. Rajeev Bhaduaria - Independent Non-Executive Director<BR>9. Deepa Verma - Independent Non-Executive Director<BR>10. Kuldip Singh Dhingra - Independent Non-Executive Director<BR>11. Ankit Jain - Company Secretary and Compliance Officer<BR><BR>This team comprises a mix of executive and independent directors, reflecting a diverse governance structure within the company.

What is the bonus history of the Relaxo Footwear?

Relaxo Footwear has a history of issuing bonuses, with the most recent being a 1:1 bonus announced on June 26, 2019, and a previous 1:1 bonus on July 1, 2015. This reflects the company's commitment to rewarding its shareholders.

Relaxo Footwear has a history of issuing bonuses to its shareholders. The most recent bonus was a 1:1 bonus issue, which was announced with an ex-date of June 26, 2019. Prior to that, the company also issued a 1:1 bonus on July 1, 2015, with a record date of July 2, 2015. This indicates that Relaxo Footwear has consistently rewarded its shareholders through bonus shares in the past.

Has Relaxo Footwear declared dividend?

Yes, Relaxo Footwears Ltd has declared a 300% dividend, amounting to ₹3 per share, with an ex-date of August 22, 2024. However, the company's total returns over various periods have shown significant declines in price performance.

Relaxo Footwears Ltd has declared a 300% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 300%<BR>- Amount per share: 3 per share<BR>- Ex-date: 22 Aug 24<BR><BR>Dividend Yield: 0.69%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -33.38%, with a dividend return of 0%, resulting in a total return of -33.38%.<BR><BR>Over the past year, the price return was -45.28%, while the dividend return was 0.36%, leading to a total return of -44.92%.<BR><BR>In the 2-year period, the price return was -50.93%, the dividend return was 0.60%, and the total return was -50.33%.<BR><BR>For the 3-year period, the price return was -54.78%, with a dividend return of 0.81%, culminating in a total return of -53.97%.<BR><BR>In the last 4 years, the price return was -58.67%, the dividend return was 0.90%, and the total return was -57.77%.<BR><BR>Finally, over the past 5 years, the price return was -41.11%, with a dividend return of 1.66%, resulting in a total return of -39.45%.<BR><BR>Overall, while Relaxo Footwears Ltd has declared a significant dividend, the total returns over various periods indicate a consistent decline in price performance, with only modest dividend returns contributing to the overall performance.

Who are the peers of the Relaxo Footwear?

Peers of Relaxo Footwear include Metro Brands, Bata India, Campus Activewear, Redtape, Liberty Shoes, Sreeleathers, Khadim India, and Lehar Footwears. Relaxo has the lowest 1-year return at -44.25%, while Lehar Footwears leads with 94.76%.

Peers: The peers of Relaxo Footwear are Metro Brands, Bata India, Campus Activewe., Redtape, Liberty Shoes, Sreeleathers, Khadim India, and Lehar Footwears.<BR><BR>Quality Snapshot: Excellent management risk is observed at Metro Brands, Bata India, Relaxo Footwear, Campus Activewe., and Redtape, while Average management risk is found at Liberty Shoes and Lehar Footwears. Below Average management risk is present at Sreeleathers and Khadim India. Growth is Excellent at Redtape, Good at Lehar Footwears, while Below Average growth is noted for Metro Brands, Bata India, Relaxo Footwear, Campus Activewe., Liberty Shoes, Sreeleathers, and Khadim India. Capital Structure is Excellent at Relaxo Footwear and Sreeleathers, Good at Metro Brands, Bata India, Campus Activewe., and Redtape, while Below Average is seen at Liberty Shoes and Khadim India.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Lehar Footwears at 94.76%, while Relaxo Footwear has the lowest at -44.25%. Relaxo's 1-year return is significantly lower than all peers. Additionally, the six-month return is negative for Relaxo Footwear, Bata India, Redtape, Liberty Shoes, and Sreeleathers.

Is Relaxo Footwear overvalued or undervalued?

As of November 11, 2024, Relaxo Footwear is considered very expensive with a PE ratio of 65.60 and has underperformed significantly with a -45.23% return over the past year, indicating it is overvalued compared to its peers.

As of 11 November 2024, the valuation grade for Relaxo Footwear has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a PE ratio of 65.60, a Price to Book Value of 5.33, and an EV to EBITDA ratio of 28.99. These ratios highlight a premium valuation compared to its peers.<BR><BR>In comparison, Metro Brands has a PE ratio of 95.29 and an EV to EBITDA of 44.90, while V-Guard Industries is considered fairly valued with a PE of 52.15 and an EV to EBITDA of 31.99. The stark contrast in these ratios suggests that Relaxo Footwear's valuation is not justified relative to its performance metrics. Additionally, the company's stock has underperformed significantly over the past year, with a return of -45.23% compared to the Sensex's 7.58%, reinforcing the notion that it is currently overvalued.

What does Relaxo Footwear do?

Relaxo Footwears Ltd is a mid-cap company specializing in the production and marketing of footwear, including slippers and shoes. As of March 2025, it reported net sales of ₹6,952 Cr and a net profit of ₹562 Cr, with a market cap of ₹12,279 Cr.

Overview: <BR>Relaxo Footwears Ltd is a mid-cap company operating in the footwear industry, specializing in the production and marketing of various types of footwear including slippers and shoes.<BR><BR>History: <BR>Relaxo Footwears Ltd was incorporated on September 13, 1984, as a Private Limited Company and later converted into a Public Limited Company on March 31, 1993. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 6,952 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 562 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 12,279 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 72.00 <BR>Industry P/E: 69 <BR>Dividend Yield: 0.61% <BR>Debt Equity: -0.05 <BR>Return on Equity: 8.12% <BR>Price to Book: 5.87 <BR><BR>Contact Details: <BR>Address: Aggarwal City Square Plot-10, Manglam Place Sec-3 Rohini Delhi Delhi : 110085 <BR>Tel: 91-011-46800600/46800700 <BR>Email: rfl@relaxofootwear.com <BR>Website: http://www.relaxofootwear.com

Who are the top shareholders of the Relaxo Footwear?

The top shareholders of Relaxo Footwear include Ramesh Kumar Dua with 23.47%, mutual funds at 10.52%, foreign institutional investors at 3.07%, and the SBI Large & Midcap Fund as the largest public shareholder with 9.46%. Individual investors hold 5.56% of the shares.

The top shareholders of Relaxo Footwear include the promoters, with Ramesh Kumar Dua holding the highest individual stake at 23.47%. Additionally, mutual funds collectively hold 10.52% through six schemes, while foreign institutional investors (FIIs) own 3.07% across 110 entities. The highest public shareholder is the SBI Large & Midcap Fund, which holds 9.46%. Individual investors account for 5.56% of the shareholding.

How big is Relaxo Footwear?

As of 24th July, Relaxo Footwears Ltd has a market capitalization of 12,408.00 Cr, with recent net sales of 2,789.61 Cr and a net profit of 170.33 Cr.

As of 24th July, Relaxo Footwears Ltd has a market capitalization of 12,408.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, Relaxo Footwear reported Net Sales of 2,789.61 Cr and a Net Profit of 170.33 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 2,001.11 Cr and Total Assets totaling 2,713.91 Cr.

When is the next results date for Relaxo Footwear?

The next results date for Relaxo Footwear is 13 November 2025.

The next results date for Relaxo Footwear is scheduled for 13 November 2025.

How has been the historical performance of Relaxo Footwear?

Relaxo Footwear has experienced fluctuating financial performance, with net sales decreasing slightly to 2,789.61 Cr in March 2025, and declines in profits across various metrics, including profit after tax dropping to 170.33 Cr. Despite these declines, total assets have increased to 2,762.47 Cr, indicating growth in the company's financial position.

Answer:<BR>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 slight decrease from 2,914.06 Cr in March 2024. The operating profit (PBDIT) for March 2025 was recorded at 408.96 Cr, down from 435.45 Cr in the previous year. Profit before tax also declined to 229.87 Cr from 269.27 Cr, while profit after tax decreased to 170.33 Cr from 200.47 Cr. The earnings per share (EPS) dropped to 6.84 from 8.05, indicating a downward trend in profitability. On the balance sheet, total assets increased to 2,762.47 Cr in March 2025 from 2,713.91 Cr in March 2024, while total liabilities also rose to 2,762.47 Cr from 2,713.91 Cr, reflecting a consistent growth in the company's financial position.<BR><BR>Breakdown:<BR>Relaxo Footwear's financial performance over the years has shown variability, particularly in net sales, which increased from 2,292.08 Cr in March 2019 to 2,789.61 Cr in March 2025, despite a slight decline in the last two years. The operating profit (PBDIT) peaked at 518.26 Cr in March 2021 but has since decreased to 408.96 Cr in March 2025. Profit before tax followed a similar pattern, reaching a high of 391.16 Cr in March 2021 and falling to 229.87 Cr in March 2025. Profit after tax also saw a decline, from 291.56 Cr in March 2021 to 170.33 Cr in March 2025. The company's earnings per share have decreased from 11.74 in March 2021 to 6.84 in March 2025. On the balance sheet, total assets grew from 1,841.08 Cr in March 2020 to 2,762.47 Cr in March 2025, while total liabilities increased correspondingly, indicating a consistent growth trajectory in the company's financial standing.

Is Relaxo Footwear technically bullish or bearish?

As of November 18, 2025, Relaxo Footwear's technical trend has shifted to a moderate bearish stance, driven by bearish signals from the MACD, KST, and moving averages, despite a bullish monthly RSI.

As of 18 November 2025, the technical trend for Relaxo Footwear has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the weekly MACD and KST both showing bearish signals, along with daily moving averages confirming a bearish trend. The Bollinger Bands are also bearish on both weekly and monthly time frames. Although the monthly RSI indicates bullishness, the overall technical picture remains negative due to the prevailing bearish signals in the shorter time frames.

Are Relaxo Footwears Ltd latest results good or bad?

The latest results for Relaxo Footwears Ltd are unfavorable, showing a 26.03% decline in net profit and a 3.96% drop in net sales quarter-on-quarter, marking three consecutive quarters of declining revenues and significant margin compression. Overall, the financial outlook is concerning, with the stock down 28.26% over the past year.

The latest results for Relaxo Footwears Ltd indicate a challenging performance. In Q3 FY26, the company reported a net profit of ₹36.16 crore, which is a decline of 26.03% quarter-on-quarter and 1.55% year-on-year. Net sales also fell to ₹628.54 crore, down 3.96% from the previous quarter and 7.48% compared to the same quarter last year. This marks the third consecutive quarter of declining revenues, reflecting ongoing difficulties in the footwear sector, particularly amid inflationary pressures affecting discretionary spending.<BR><BR>Operating margins have contracted significantly, dropping to 12.91% from 15.20% in the previous quarter, which highlights the company's struggle to manage costs in a price-sensitive market. The overall financial trend is negative, with key metrics such as return on equity and return on capital employed showing deterioration.<BR><BR>Despite a recent bounce in stock price, the overall outlook remains concerning, with the stock down 28.26% over the past year and trading significantly below its 52-week high. The combination of declining sales, margin compression, and investor concerns about the company's growth prospects suggests that the latest results are not favorable. Investors may want to exercise caution given these trends.

Should I buy, sell or hold Relaxo Footwears Ltd?

Why is Relaxo Footwears Ltd falling/rising?

As of 01-Feb, Relaxo Footwears Ltd's stock price is declining, currently at 379.00, reflecting a significant underperformance compared to the Sensex and a negative long-term growth outlook. The stock has generated a return of -30.84% over the past year, indicating it is overvalued relative to its peers and facing weak investor sentiment.

As of 01-Feb, Relaxo Footwears Ltd's stock price is falling, currently at 379.00, which reflects a decrease of 14.15 (-3.6%). The stock opened significantly lower today, with a loss of 5.37%, and reached an intraday low of Rs 372.05. This decline is part of a broader trend, as the stock has underperformed against the benchmark Sensex, which has shown a decline of only 1.00% over the past week while Relaxo Footwears gained 6.10%. <BR><BR>Over the past year, the stock has generated a return of -30.84%, contrasting sharply with the Sensex's gain of 5.16%. Furthermore, the company's operating profit has decreased at an annual rate of -4.33% over the last five years, indicating poor long-term growth prospects. Recent financial results have also been disappointing, with a significant drop in profit after tax (PAT) of -19.6% and cash and cash equivalents at their lowest level of Rs 25.22 crore.<BR><BR>The stock is trading at a premium compared to its peers, with a price-to-book value of 4.5, which suggests it is overvalued given its low return on equity (ROE) of 8. Additionally, the stock has consistently underperformed against the benchmark over the last three years, further contributing to the negative sentiment among investors. Despite a rise in investor participation, as evidenced by a 71.62% increase in delivery volume, the overall performance and outlook remain weak, leading to the current decline in stock price.

Which are the latest news on Relaxo Footwear?