Relaxo Footwear

Which are the latest news on Relaxo Footwear?

Why is Relaxo Footwears Ltd falling/rising?

As of 14-Jun, Relaxo Footwears Ltd's stock price is rising to Rs 342.55, reflecting a 1.66% increase. However, despite this short-term gain, the stock has significant long-term underperformance and negative growth metrics, indicating caution for investors.

As of 14-Jun, Relaxo Footwears Ltd's stock price is rising, currently at Rs 342.55, reflecting an increase of Rs 5.6 or 1.66%. This upward movement follows a trend reversal after two consecutive days of decline. The stock has shown a notable performance over the past week, gaining 3.52%, which outpaces the Sensex's increase of 1.73%. Additionally, the stock reached an intraday high of Rs 345, indicating positive momentum within the trading day.<BR><BR>Despite this recent rise, it is important to note that the stock has underperformed its sector by 1.2% today and has a year-to-date decline of 15.25%, which is worse than the benchmark's decline of 11.37%. The stock's long-term performance remains concerning, with a significant drop of 61.98% over the past three years, highlighting consistent underperformance against broader market indices.<BR><BR>Investor participation has increased, with delivery volume rising by 1.76% compared to the five-day average, suggesting growing interest among investors. Furthermore, the company is net-debt free, which can be seen as a positive factor. However, the overall outlook remains mixed due to poor long-term growth prospects, as indicated by a negative annual operating profit growth rate of -10.87% over the last five years and a low return on capital employed (ROCE) of 10.78%.<BR><BR>In summary, while Relaxo Footwears Ltd is experiencing a short-term rise in stock price, the long-term performance metrics and recent underperformance against benchmarks suggest caution for investors.

How big is Relaxo Footwear?

As of 10th June, Relaxo Footwears Ltd has a market capitalization of 8,626.00 Cr, with recent net sales of 2,702.16 Cr and a net profit of 179.27 Cr.

As of 10th June, Relaxo Footwears Ltd has a market capitalization of 8,626.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest 4 quarters, Relaxo Footwear reported Net Sales of 2,702.16 Cr and a Net Profit of 179.27 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 2,098.07 Cr and Total Assets of 2,762.47 Cr.

Who are in the management team of Relaxo Footwear?

The management team of Relaxo Footwear includes Ramesh Kumar Dua (Managing Director), Mukand Lal Dua, Nikhil Dua, Gaurav Dua, and Daval Ganguly (Whole-Time Directors), along with several Independent Non-Executive Directors and Ankit Jain as Company Secretary. They are responsible for the company's strategic direction and governance.

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 plays a crucial role in the strategic direction and governance of the company.

Who are the peers of the Relaxo Footwear?

Peers of Relaxo Footwear include Metro Brands, Bata India, Redtape, Campus Activewear, Lehar Footwears, Sreeleathers, Liberty Shoes, and Khadim India. Relaxo has average management risk and excellent capital structure, with a 1-year return of -21.33%, better than Liberty Shoes but worse than Lehar Footwears at 7.92%.

Peers: The peers of Relaxo Footwear are Metro Brands, Bata India, Redtape, Campus Activewe., Lehar Footwears, Sreeleathers, Liberty Shoes, Khadim India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Metro Brands and Bata India, while Good management risk is found at Redtape, Campus Activewe., and the rest. Average management risk is present at Relaxo Footwear, Lehar Footwears, and Khadim India, while Below Average management risk is noted at Sreeleathers and Liberty Shoes. Growth is rated as Good for Bata India and Lehar Footwears, while Below Average growth is seen at Metro Brands, Relaxo Footwear, Redtape, Campus Activewe., Sreeleathers, Khadim India, and the rest. Excellent capital structure is noted at Relaxo Footwear and Sreeleathers, while Good capital structure is found at Metro Brands, Bata India, and Campus Activewe., and the rest have Below Average or Average capital structures.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Lehar Footwears at 7.92%, while the peer with the lowest is Liberty Shoes at -47.58%. Relaxo Footwear's 1-year return of -21.33% is better than Liberty Shoes but worse than Lehar Footwears. Additionally, several peers, including Bata India, Liberty Shoes, and Khadim India, have negative six-month returns.

What does Relaxo Footwear do?

Relaxo Footwears Ltd is a small-cap footwear manufacturer established in 1984, with recent quarterly net sales of ₹751 Cr and net profit of ₹68 Cr as of March 2026. The company has a market cap of ₹8,626 Cr and key financial metrics include a P/E ratio of 47.00 and a dividend yield of 0.86%.

Overview:<BR>Relaxo Footwears Ltd is a footwear manufacturer operating in the small-cap segment of the footwear industry.<BR><BR>History:<BR>The company 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 reported quarterly results indicate net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 751 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 68 Cr (Quarterly Results - Mar 2026)<BR>- Market cap: INR 8,626 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 47.00<BR>- Industry P/E: 46<BR>- Dividend Yield: 0.86%<BR>- Debt Equity: 0.01<BR>- Return on Equity: 8.13%<BR>- Price to Book: 3.91<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

Should I buy, sell or hold Relaxo Footwears Ltd?

Are Relaxo Footwears Ltd latest results good or bad?

Relaxo Footwears Ltd's latest quarterly results are positive, with a 20.37% increase in net profit and an 8.05% rise in revenue. However, the overall fiscal year performance is concerning due to a 4.3% revenue decline and a low return on equity of 7.96%, indicating ongoing challenges.

Relaxo Footwears Ltd's latest results show a mixed picture. For the quarter ending March 2026, the company reported a net profit of ₹67.67 crore, which is a significant increase of 20.37% year-on-year. Revenue also saw a positive trend, reaching ₹751.10 crore, reflecting an 8.05% increase compared to the same quarter last year. Additionally, the operating margin improved to 16.51%, up from 10.39% in the previous quarter, indicating better operational efficiency.<BR><BR>However, despite these positive quarterly results, the overall performance for the fiscal year 2026 has been concerning. The full-year revenues declined by 4.3% compared to FY2025, and the return on equity (ROE) remains weak at 7.96%, which is below the industry average and suggests inefficiencies in capital utilization.<BR><BR>While the recent quarterly performance indicates a recovery, it is essential to consider the broader context of ongoing challenges, including margin compression and declining return ratios. The stock's valuation at 45 times trailing earnings appears stretched given these operational headwinds. Therefore, while the latest results show improvement, the company still faces significant hurdles that could impact its future performance.

When is the next results date for Relaxo Footwears Ltd?

The next results date for Relaxo Footwears Ltd is 28 May 2026.

The next results date for Relaxo Footwears Ltd is scheduled for 28 May 2026.

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.

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.

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.

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 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.