Relaxo Footwears
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Relaxo Footwears share price

Relaxo Footwears Ltd.

NSE: RELAXO BSE: 530517 SECTOR: Footwear  395k   3k   1k

775.65
-3.20 (-0.41%)
BSE: 08 Nov 04:01 PM

Price Summary

Today's High

₹ 782.5

Today's Low

₹ 764.05

52 Week High

₹ 949.85

52 Week Low

₹ 732.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 19308.92 Cr.

Enterprise Value

₹ 19229.76 Cr.

No. of Shares

24.89 Cr.

P/E

102.42

P/B

9.47

Face Value

₹ 1

Div. Yield

0.39 %

Book Value (TTM)

₹  81.92

CASH

₹ 97.7 Cr.

DEBT

₹ 18.54 Cr.

Promoter Holding

71.27 %

EPS (TTM)

₹  7.57

Sales Growth

4.72%

ROE

10.42 %

ROCE

14.98%

Profit Growth

29.78 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Relaxo Footwears Ltd.

Bahamas flite sparx schoolmate

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year4.72%
3 Year7.3%
5 Year4.92%

Profit Growth

1 Year29.78%
3 Year-11.74%
5 Year2.7%

ROE%

1 Year10.42%
3 Year10.99%
5 Year14.55%

ROCE %

1 Year14.98%
3 Year15.76%
5 Year20.14%

Debt/Equity

0.0093

Price to Cash Flow

82.12

Interest Cover Ratio

13.8102

CFO/PAT (5 Yr. Avg.)

1.37792533222366

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 71.27 0.00
Jun 2024 71.27 0.00
Mar 2024 71.27 0.00
Dec 2023 71.27 0.00
Sep 2023 71.27 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 13.8102.
  • The company has an efficient Cash Conversion Cycle of 28.9935 days.
  • Company has a healthy liquidity position with current ratio of 2.3994.
  • The company has a good cash flow management; CFO/PAT stands at 1.37792533222366.
  • The company has a high promoter holding of 71.27%.

 Limitations

  • The company has shown a poor profit growth of -11.7379894277611% for the Past 3 years.
  • The company has shown a poor revenue growth of 7.29529355828309% for the Past 3 years.
  • The company is trading at a high PE of 102.42.
  • The company is trading at a high EV/EBITDA of 45.2508.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 715.32 712.71 747.21 748.19 679.37
Total Expenditure 623.8 625.54 626.86 649.29 591.71
Operating Profit 91.52 87.17 120.35 98.9 87.66
Other Income 10.54 5.99 5.06 5.43 6.64
Interest 4.74 4.83 4.66 4.89 4.98
Depreciation 36.94 37.5 38.46 39.11 39.75
Exceptional Items 0 0 0 0 0
Profit Before Tax 60.38 50.83 82.29 60.33 49.57
Tax 16.19 12.26 20.9 15.96 12.84
Profit After Tax 44.19 38.57 61.39 44.37 36.73
Adjusted EPS (Rs) 1.78 1.55 2.47 1.78 1.48

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 2410.48 2359.15 2653.27 2782.77 2914.06
Total Expenditure 1999.06 1862.05 2235.65 2444.58 2505.14
Operating Profit 411.42 497.1 417.62 338.19 408.92
Other Income 9.05 22.77 23.72 18.57 28.86
Interest 19.34 18.69 17.2 21.65 21.02
Depreciation 109.42 110.02 113.54 125.1 147.49
Exceptional Items 0 0 0 0 0
Profit Before Tax 291.71 391.16 310.6 210.01 269.27
Tax 65.46 99.6 77.92 55.54 68.8
Net Profit 226.25 291.56 232.68 154.47 200.47
Adjusted EPS (Rs.) 9.12 11.74 9.35 6.21 8.05

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 24.82 24.84 24.89 24.89 24.89
Total Reserves 1247.58 1547.57 1735.23 1830.16 1976.22
Borrowings 0 0 0 0 0
Other N/C liabilities 155.38 154.3 161.45 169.09 193.35
Current liabilities 413.3 449.09 461.02 470.65 519.45
Total Liabilities 1841.08 2175.8 2382.59 2494.79 2713.91
Assets
Net Block 981.01 938.06 987.26 1150.23 1371.1
Capital WIP 43.81 112.23 145.18 87.77 32.52
Intangible WIP 1.79 5.8 3.78 1.18 0.75
Investments 0.2 0.2 24.98 24.69 24.79
Loans & Advances 20.5 37.14 31.08 34.79 36.43
Other N/C Assets 2.57 2.48 3.41 2.5 1.93
Current Assets 791.2 1079.89 1186.9 1193.63 1246.39
Total Assets 1841.08 2175.8 2382.59 2494.79 2713.91
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 291.71 391.16 310.6 210.01 269.27
Adjustment 130.16 118.07 110.82 135.45 147.78
Changes in Assets & Liabilities -19.84 93.01 -281.52 110.1 -115.1
Tax Paid -83.13 -89.12 -83.91 -55.49 -66.83
Operating Cash Flow 318.9 513.12 55.99 400.07 235.12
Investing Cash Flow -115.67 -453.18 14.55 -258.45 -98.63
Financing Cash Flow -202.56 -56.15 -69.78 -138.45 -106.41
Net Cash Flow 0.67 3.79 0.76 3.17 30.08

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 71.27 71.27 71.27 71.27 71.27
gaurav kumaar dua - 3.75 3.75 3.75 3.75
lalita dua 3.83 3.83 3.83 3.83 3.83
mukand lal dua 20.39 20.39 20.39 20.39 20.39
mukand lal dua (huf) 0.19 0.19 0.19 - 0.19
nikhil dua 3.71 3.71 3.71 3.71 3.71
nitin dua 3.75 3.75 3.75 3.75 3.75
rahul dua 3.75 3.75 3.75 3.75 3.75
ramesh kumar dua 23.47 23.47 23.47 23.47 23.47
ramesh kumar dua (huf) 0.02 - - - 0.02
ritesh dua 3.75 3.75 3.75 3.75 3.75
sakshi dua 0.81 0.81 0.81 0.81 0.81
usha dua 3.84 3.84 3.84 3.84 3.84
mukand lal dua ... - - - 0.19 -
ramesh kumar dua (huf) - - - 0.02 -
ramesh kumar dua (huf) - 0.02 0.02 - -
gaurav dua 3.75 - - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 28.73 28.73 28.73 28.73 28.73
investor education and pr... 0.06 0.06 0.06 0.06 0.06
sbi large & midcap fund 7.21 7.54 8.05 8.29 8.86
vls finance limited - - 3.60 3.60 3.35
vls securities limited 6.26 6.26 6.26 6.26 6.26
vls finance ltd 3.60 3.57 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Relaxo Footwears informs about outcome of board meeting 8 Nov, 5:13 PM Relaxo Footwears informs about compliances-certificate 7 Oct, 4:44 PM Relaxo Footwears - Quaterly Results 31 Jul, 5:36 PM Relaxo Footwears - Quaterly Results 31 Jul, 5:36 PM Relaxo Footwears - Quaterly Results 31 Jul, 5:36 PM Relaxo Footwears informs about results of postal ballot 21 Jun, 3:12 PM Relaxo Footwears informs about compliance report 24 May, 3:43 PM Relaxo Footwears - Quaterly Results 9 May, 5:13 PM Relaxo Footwears - Quaterly Results 9 May, 5:13 PM Relaxo Footwears - Quaterly Results 9 May, 5:13 PM Relaxo Footwears submits analyst meet intimation 7 May, 4:42 PM Relaxo Footwears - Quaterly Results 31 Jan, 4:27 PM Relaxo Footwears - Quaterly Results 31 Jan, 4:27 PM Relaxo Footwears - Quaterly Results 31 Jan, 4:27 PM Relaxo Footwears informs about board meeting 19 Jan, 12:29 PM Relaxo Footwears informs about purchase of land parcel 11 Dec, 5:25 PM Relaxo Footwears acquires land parcel in Rajasthan 11 Dec, 4:13 PM Relaxo Footwears - Quaterly Results 1 Nov, 2:56 PM Relaxo Footwears - Quaterly Results 1 Nov, 2:56 PM Relaxo Footwears - Quaterly Results 1 Nov, 2:56 PM Relaxo Footwears informs about board meeting 26 Sep, 1:44 PM Relaxo Footwears informs about investor presentation 25 Jul, 12:51 PM Relaxo Footwears informs about newspaper advertisement 25 Jul, 12:20 PM Relaxo Footwears informs about board meeting 24 Jul, 4:55 PM Relaxo Footwears - Quaterly Results 24 Jul, 3:13 PM Relaxo Footwears - Quaterly Results 24 Jul, 3:13 PM Relaxo Footwears - Quaterly Results 24 Jul, 3:13 PM Relaxo Footwears submits board meeting intimation 13 Jul, 4:25 PM Relaxo Footwears informs about transcript of investors call 16 May, 12:05 PM Relaxo Footwears informs about newspaper publication 11 May, 1:10 PM Relaxo Footwears - Quaterly Results 10 May, 3:13 PM Relaxo Footwears - Quaterly Results 10 May, 3:13 PM Relaxo Footwears - Quaterly Results 10 May, 3:13 PM Relaxo Footwears informs about issuance of duplicate share certificates 12 Apr, 5:09 PM Relaxo Footwears informs about certificate 5 Apr, 4:52 PM Relaxo Footwears informs about loss of share certificate 27 Feb, 2:57 PM Relaxo Footwears - Quaterly Results 4 Feb, 4:47 PM Relaxo Footwears - Quaterly Results 4 Feb, 4:47 PM Relaxo Footwears - Quaterly Results 4 Feb, 4:47 PM Relaxo Footwears informs about board meeting 23 Jan, 4:54 PM Relaxo Footwears informs about issuance of duplicate share certificates 18 Jan, 3:08 PM Relaxo Footwears informs about extension of closure period of trading window 18 Jan, 3:06 PM Relaxo Footwears informs about credit rating 29 Nov, 5:10 PM Relaxo Footwears informs about transcript of conference call 9 Nov, 3:53 PM Relaxo Footwears informs about press release 3 Nov, 4:14 PM Relaxo Footwears - Quaterly Results 2 Nov, 3:59 PM Relaxo Footwears - Quaterly Results 2 Nov, 3:59 PM Relaxo Footwears - Quaterly Results 2 Nov, 3:59 PM Relaxo Footwears inform about voting results and scrutinizer's report 26 Aug, 4:08 PM Relaxo Footwears gets nod for addition of capacity at Bhiwadi unit 28 Jul, 2:23 PM

Relaxo Footwears Stock Price Analysis and Quick Research Report. Is Relaxo Footwears an attractive stock to invest in?

The footwear sector is a very significant segment of the leather industry in India; rather it is the engine of growth for the entire Indian leather industry. India is the second-largest global producer of footwear after China, accounting for 13% of global footwear production of 16 billion pairs.

India produces 2065 million pairs of different categories of footwear (leather footwear - 909 million pairs, leather shoe uppers - 100 million pairs and non-leather footwear - 1056 million pairs). India exports about 115 million pairs. Thus, nearly 95% of its production goes to meet its own domestic demand. 

Revenue in the Footwear market amounts to US$8,493m in 2020. The market is expected to grow annually by 12.6% (CAGR 2020-2023).

Let's talk about the key financial ratios and stock performance of Relaxo Footwears over the period of time. Relaxo Footwears stock price today is Rs 770.3.

  • Operating profit margin: -  Incase of footwear exporters, the share of EBITDA constitutes not only operating income and also the share of government exporter incentives. OPM for Relaxo Footwears is 14.0326554703747 % which is weak  which allows the investors to look into the overall return on capital.

  • Debtor days: -  The receivable days are fairly high in the case of footwear companies. The footwear exporters should always take care of the time taken by the buyers to complete their operating cycle. Relaxo Footwears has a debtor day of 36.8064 which is significantly a good sign towards the cash conversion cycle.

  • Capital structure (or) Debt to Equity: -  The footwear sector is consistently increasing capacity, expanding retail presence and setting up new manufacturing facilities over the years. So it is important to check whether the leverage is highly dependent on debt or equity. Relaxo Footwears has a D/E ratio of 0.0093 which is comfortably placed as compared to its peers.

  • Interest coverage ratio: -  It measures the company’s ability to handle its outstanding debt, a higher ratio is always desirable. Relaxo Footwears has an ICR of 13.8102 which is unattractive to investors when compared with the company's growth.

  • Share Price: - The current share price of Relaxo Footwears is Rs 770.3. One can use valuation calculators of ticker to know if Relaxo Footwears share price is undervalued or overvalued.

Last Updated on:
Brief about Relaxo Footwears

Relaxo Footwears Ltd. Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

 

Relaxo Footwears Ltd. is a leading Indian footwear company that specializes in manufacturing and selling a range of footwear products for men, women, and children. The company has a strong brand presence in the Indian market and is a popular choice among long-term investors.  We will provide an in-depth analysis of the company's stock and its various aspects.

Relaxo Footwears Ltd. Share Price

Relaxo Footwears Ltd.'s share price is one of the most important factors that investors consider while making investment decisions. The company's share price has been on an upward trend since its listing on the stock exchanges. The company's share price is influenced by various factors such as market trends, industry performance, and company-specific factors. Long-term investors should focus on the company's fundamentals rather than short-term price fluctuations.

Relaxo Footwears Ltd. Balance Sheet

A company's balance sheet is a snapshot of its financial position at a given point in time. Relaxo Footwears Ltd.'s balance sheet is strong and reflects the company's financial stability. The company has a healthy cash position and low debt levels. Investors can use Ticker pre-built screening tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis to calculate the fair value of the company's stock based on its balance sheet.

Relaxo Footwears Ltd. Annual Report

Relaxo Footwears Ltd.'s annual report provides a comprehensive overview of the company's performance over the past year. The annual report includes information on the company's financial performance, operational performance, and future plans. The company's annual report is available as a downloadable document on Ticker.

Relaxo Footwears Ltd. Dividend

Relaxo Footwears Ltd. has a consistent track record of paying dividends to its shareholders. The company's dividend payout ratio is healthy and reflects its commitment to rewarding shareholders. Long-term investors should consider the company's dividend history while making investment decisions.

Relaxo Footwears Ltd. Quarterly Results

Relaxo Footwears Ltd.'s quarterly results provide investors with an insight into the company's performance over a three-month period. The company's quarterly results are available as downloadable documents on Ticker. Investors can use our pre-built screening tools to analyze the company's quarterly results and calculate its fair value.

Relaxo Footwears Ltd. Stock Price

Relaxo Footwears Ltd.'s stock price is influenced by various factors such as market trends, industry performance, and company-specific factors. Long-term investors should focus on the company's fundamentals rather than short-term price fluctuations. Investors can use our pre-built screening tools to analyze the company's stock price and calculate its fair value.

Relaxo Footwears Ltd. Price Chart

Relaxo Footwears Ltd.'s price chart provides investors with a visual representation of the company's stock price over a period of time. The price chart can help investors identify trends and patterns in the company's stock price. Investors can use Ticker pre-built screening tools to analyze the company's price chart and calculate its fair value.

Relaxo Footwears Ltd. News

Relaxo Footwears Ltd.'s news section provides investors with the latest updates on the company's performance, operations, and future plans. Investors can use the news section to stay up-to-date with the company's developments and make informed investment decisions.

Relaxo Footwears Ltd. Concall Transcripts

Relaxo Footwears Ltd.'s concall transcripts provide investors with a detailed insight into the company's performance, operations, and future plans. The concall transcripts are available as downloadable documents on Ticker. Investors can use the concall transcripts to analyze the company's performance and calculate its fair value.

Relaxo Footwears Ltd. Investor Presentations

Relaxo Footwears Ltd.'s investor presentations provide investors with a comprehensive overview of the company's performance, operations, and future plans. The investor presentations are available as downloadable documents on Ticker. Investors can use the investor presentations to analyze the company's performance and calculate its fair value.

Relaxo Footwears Ltd. Promoters

Relaxo Footwears Ltd.'s promoters are experienced professionals who have a deep understanding of the footwear industry. The promoters are committed to the company's growth and have a long-term vision for the company. Investors should consider the promoters' track record while making investment decisions.

Relaxo Footwears Ltd. Shareholders

Relaxo Footwears Ltd.'s shareholders include both institutional and retail investors. The company has a diverse shareholder base, which reflects its popularity among investors. Long-term investors should consider the company's shareholder base while making investment decisions.

Relaxo Footwears Ltd. ROCE

The Return on Capital Employed (ROCE) is a financial ratio that measures the profitability and efficiency of a company's capital investments. ROCE indicates how well a company utilizes its capital to generate profits. On the Relaxo Footwears Ltd. stock analysis page, you can find the ROCE data in the financials table or ratio section. Understanding the ROCE can provide insights into the company's ability to generate returns on its investment.

Relaxo Footwears Ltd. EBITDA

EBITDA, or Earnings Before Interest, Taxes, Depreciation, and Amortization, is a financial metric commonly used to assess a company's operational performance. By excluding non-operating expenses, EBITDA provides a clearer picture of a company's underlying profitability. On the Relaxo Footwears Ltd. stock analysis page, you can find the EBITDA data in the financials table or ratio section. Analyzing the EBITDA can help investors evaluate the company's operational efficiency.

Relaxo Footwears Ltd. DPS

DPS, or Dividends Per Share, represents the portion of a company's profits distributed to shareholders in the form of dividends. Monitoring the DPS can be useful for investors seeking income from their investments. On the Relaxo Footwears Ltd. stock analysis page, you can find the DPS data in the financials table or ratio section. Assessing the trend of DPS over time can provide insights into the company's dividend policy and financial stability.

Relaxo Footwears Ltd. EPS

EPS, or Earnings Per Share, is a widely used financial metric that indicates the profitability of a company on a per-share basis. It is calculated by dividing the net earnings by the number of outstanding shares. EPS is often considered a key indicator of a company's financial performance and can help investors assess the company's profitability. On the Relaxo Footwears Ltd. stock analysis page, you can find the EPS data in the financials table or ratio section. Analyzing the EPS trend can provide insights into the company's earnings growth.

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