Fin Cascade
Get Android appGet iOS app

Prices as of 9 Oct 2026 close · Not investment advice

Relaxo Footwears Limited

NSE: RELAXOFootwear

Share price

₹286.00

+1.49% close of 9 Oct 2026

Market cap ₹7,150 CrP/E 38.4

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

62

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹7,150 Cr

P/E ratio

38.4

P/B ratio

3.2

ROCE

11.2%

ROE

8.3%

Dividend yield

1.2%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹444.2052-week low ₹237.90

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 2.1% over the past year, and 14.3% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 15.4% to 13.8% over the last four years.

Whether it grew faster than its sector

It grew 14.3% a year against a sector median of 11.3% — 3.0 percentage points faster.

Room to re-rate, or risk of de-rating

At 37.9× earnings it costs 1.6× the market, which pays 23.9× across 2199 companies we can price. Its own industry sits at 39.5×, across 5 companies. It is against its own five-year median of 103.5×, the 0th percentile of its own range.

Whether growth justifies the valuation

Priced at 7.6 times its growth rate, on earnings growth of 5%.

Profit growthPrice per ₹1 profitPer 1% growth
Relaxo Footwears Limited — this one5%/yr37.9×₹7.6
Metro Brands Limited5%/yr56.2×₹11.2
Bata India Limited-19%/yr44.4×—
Redtape Limited19%/yr25.5×₹1.3
Campus Activewear Limited9%/yr39.5×₹4.4
Sreeleathers Limited-4%/yr19.5×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Footwear), it ranks 5 of 8 on returns, 2 of 8 on growth, 7 of 8 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 11.2% on capital, ahead of 38% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1445 crore of cash from the business, spent ₹818 crore on plant and equipment, and returned ₹622 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 141 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back faster than it used to: it went from being waiting 75 days for its cash to waiting 63 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue rose 7.8% year on year and net profit rose 12.1%.

Announced 13 Aug 2026 · Standalone · Unaudited

Revenue

₹705 Cr

Revenue vs last year

+7.8%

Revenue vs last quarter

-6.1%

Net profit

₹55 Cr

Profit vs last year

+12.1%

Profit vs last quarter

-19.2%

Net margin

7.8%

EPS

₹2.21

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹7,150 Cr
Prev close
₹286.00
52w High
₹455
52w Low
₹237
Enterprise value
₹7,170 Cr
Beta
1.1
Price CAGR 1y
-35.0%
Price CAGR 3y
-32.0%
Price CAGR 5y
-26.0%
Price CAGR 10y
3.0%

Ratios

Return on assets
6.1%
PEG ratio
7.7
P/E ratio
38.4
P/B ratio
3.2
EV / EBITDA
18.8
Industry P/E
40.5
ROCE
11.2%
ROCE 5y average
13.2%
ROE
8.3%
Debt / Equity
0.1
Interest coverage
11.0
Dividend yield
1.2%
ROE 3y average
9.0%
ROE last year
8.0%

Annual P&L

Annual revenue
₹2,702 Cr
Annual profit
₹179 Cr
Operating margin
14.0%
Net profit margin
6.6%
EBITDA margin
14.0%
Sales growth 3y
-1.0%
Sales growth 5y
2.8%
Profit growth 3y
5.0%
Profit growth 5y
-9.0%
EPS
₹7.2
Sales growth TTM
2.0%
Profit growth TTM
6.0%
Dividend payout
49.0%

Quarter P&L

Sales latest quarter
₹705 Cr
Profit latest quarter
₹55 Cr
YoY quarterly sales growth
7.7%
YoY quarterly profit growth
12.2%
OPM latest quarter
15.3%

Balance Sheet

Book Value
₹88.2
Face Value
₹1.0
Total debt
₹233 Cr
Total cash
₹24 Cr
Borrowings
₹233 Cr
Reserves / Equity
87.2

Cash Flow

Operating cash flow
₹348 Cr
Free cash flow
₹213 Cr
FCF yield
2.6%
Net cash flow
-₹5 Cr

Shareholding

Promoter holding
71.3%
FII holding
3.1%
DII holding
9.7%
Public holding
15.9%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Metro Brands840.0056.422,8990.7395.3-4.8720.414.720.1
Bata India605.9544.87,7884.1164.015.9979.03.912.7
Relaxo Footwear285.1538.37,0991.2154.912.3705.17.711.2
Redtape111.7525.16,1781.7744.515.2481.33.624.5
Campus Activewe.198.6539.46,0720.7426.117.8385.212.221.2
Sreeleathers278.5519.66450.727.0138.659.619.77.0
Liberty Shoes213.0542.63630.000.7-77.0169.9-1.77.9
Median200.9539.46450.7216.613.8277.55.812.7

Competes with: Bata India Limited, Campus Activewear Limited, Khadim India Limited, Liberty Shoes Limited, Metro Brands Limited, Redtape Limited, Sreeleathers Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales739715713747748679667695654629668751705
Expenses631624626627649592584583555547599627597
Material Cost218248254230260311
Change in Inventories68-20-352933-99
Purchases of Stock-in-Trade282226253223
Employee Cost8910610011096124
Other Expenses181200202205207238
Operating Profit1089287120998883112998169124108
OPM %15131216131313161513101715
Other Income7116557781112111213
Exceptional items (within Other Income)000000
Interest4555555555566
Depreciation35373838394040394039393940
Profit before tax76605182605045756649369175
Tax %26272425262626252626262527
Net Profit56443961443733564936276855
EPS in Rs2.261.781.552.471.781.481.332.261.961.451.072.722.21
Diluted EPS in Rs2.261.961.461.062.722.21

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,4411,6681,6311,9412,2922,4102,3592,6532,7832,9142,7902,7022,753
Expenses1,2401,4271,4001,6391,9641,9981,8612,2352,4422,5052,4052,3262,370
Material Cost1,038991
Change in Inventories5.536.01
Purchases of Stock-in-Trade106106
Employee Cost401412
Other Expenses858813
Operating Profit201241231302328413498418341409385377383
OPM %14141416141721161214141414
Other Income0714412822231629274648
Exceptional items (within Other Income)00
Interest182315991919172221242422
Depreciation4047515462109110114125147158157158
Profit before tax143178178244268292391311210269230241251
Tax %283233343522252526262626
Net Profit103120120161175226292233154200170179185
EPS in Rs4.295.014.996.697.079.11129.356.218.056.847.207.45
Diluted EPS in Rs6.847.20
Dividend Payout %6610111314212740374449

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
5%
5 years
3%
3 years
-1%
TTM
2%

Compounded profit growth

10 years
4%
5 years
-9%
3 years
5%
TTM
6%

Stock price CAGR

10 years
3%
5 years
-26%
3 years
-32%
1 year
-35%

Return on equity

10 years
13%
5 years
10%
3 years
9%
Last year
8%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital61212121225252525252525
Reserves3624685947491,0931,2481,5481,7351,8301,9762,0732,181
Borrowings239236178153112139144174164205213233
Other Liabilities234281286335394430459448476508452510
Total Liabilities8419971,0701,2501,6111,8412,1762,3832,4952,7142,7622,949
Fixed Assets4725315415258489819389871,1501,3711,3441,365
CWIP22862138114611814989335497
Investments001100338194225108343436
Other Assets3674384665877528147821,0521,0301,2021,0211,051
Total Assets8419971,0701,2501,6111,8412,1762,3832,4952,7142,7622,949

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity10715918015412331951356400235406348
Cash from Investing Activity-130-130-89-108-56-116-45315-258-99-262-206
Cash from Financing Activity21-31-89-46-68-203-56-70-138-106-162-146
Net Cash Flow-1-21-0-1141330-18-5
Free Cash Flow-2325904632203391-82216-11291212

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days212428333526283435454140
Inventory Days163147146130130157154202154179177184
Days Payable616363725865816769766387
Cash Conversion Cycle12310811090107119101170121148155138
Working Capital Days141219274257447559686263
ROCE %303026302624261812141111

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters717171717171717171717171
FIIs3.243.393.323.363.413.273.072.853.043.013.043.11
DIIs8.538.869.339.549.9811119.959.889.879.749.67
Public171616161515151616161616
No. of Shareholders3,16,1352,91,4012,69,3882,52,9812,39,2452,37,1952,36,6772,39,5602,39,2702,32,8722,25,9312,23,844

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -34.7% (₹437.90 → ₹286.00)Brick size ₹10.23 (fixed)Bricks 61
₹300₹400₹286Nov '25Feb '26Apr '26Jun '26Aug '26Oct '26
Price moved up one brickPrice moved down one brickLast close ₹286.00 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

exports as % of revenue

10.00

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

20.39inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

35,79,756inr

2026-03-31

News

News and filings about Relaxo Footwears Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • EVA (ethylene-vinyl acetate) compound for soles
  • Natural / synthetic rubber
  • PU (polyurethane)
  • Packing material
  • Textile / fabric and synthetic upper materials

Depends on the price of

  • Crude Oil Brent
  • rubber

Sells to

  • Amazon India · Sparx, Flite and Bahamas footwear via e-commerce
  • ETERNAL LIMITED · Flite, Bahamas, Sparx and Relaxo footwear via quick-commerce
  • Flipkart · Sparx, Flite and Bahamas footwear via e-commerce
  • Myntra · Sparx and other Relaxo brands via e-commerce
  • Swiggy Limited · Flite, Bahamas, Sparx and Relaxo footwear via quick-commerce
  • Zepto · Relaxo footwear via quick-commerce

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Durables
Industry
Footwear
Classification
Consumer Durables › Footwear
ISIN
INE131B01039

Plants

  • RFL-I & II · Bahadurgarh, Haryana
  • RFL-III · Bhiwadi, Rajasthan
  • RFL-IV · Bahadurgarh, Haryana
  • RFL-IX · Bhiwadi, Rajasthan
  • RFL-V · Haridwar, Uttarakhand
  • RFL-VI · Bahadurgarh, Haryana
  • RFL-VII · Bahadurgarh, Haryana
  • RFL-VIII · Bahadurgarh, Haryana

News impact

Big market events that reach Relaxo Footwears Limited, and how the effect spreads.

Who it hits first

  • FTA grants tariff concessions on bilateral $1.75bn trade — primary beneficiaries leather, agri, apparel exporters; risk to dairy

Who may gain

  • Indian leather and footwear exporters (Bata, Superhouse), textile (KPRMill); minor positive for general logistics

Along the supply chain

Downstream

NZ dairy distribution would compete with Indian milk powder market

Upstream

Leather tanning value chain in Tamil Nadu, UP gains

Where demand moves

Business

Indian leather exports to NZ tariff-free; reciprocal NZ dairy exports possible

Capital

Niche thematic — limited large-cap participation

How it spreads across sectors

Logistics

Modest container traffic uplift via Vizag/Chennai-Auckland routes

When it plays out

Immediate

Niche leather/textile names rally on Monday

Medium term

Trade volumes ramp over 2-3 years

Short term

Tariff schedule analysis week 2-4

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

18 Sep 2026unspecified₹3.5
21 Aug 2025unspecified₹3
22 Aug 2024unspecified₹3
17 Aug 2023unspecified₹2.5
17 Aug 2022unspecified₹2.5
17 Aug 2021unspecified₹2.5
11 Mar 2020interim₹1.25
18 Sep 2019unspecified₹0.9

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
25 Jun 2026MICROCURVES TRADING PRIVATE LIMITEDSELL12,97,812₹413.08
25 Jun 2026MICROCURVES TRADING PRIVATE LIMITEDBUY12,97,812₹412.95

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.