RELAXOConsumer Durables

Relaxo Footwears Limited

Footwear · ISIN INE131B01039 · BSE 530517 · NSE EQ · FV ₹1
Last price
₹314
+0.74%today
What this company does

Relaxo Footwears Limited operates in Footwear, part of the Consumer Durables sector. It booked ₹705 cr of revenue in its latest quarter (Q1 FY27) and kept 7.8% of sales as profit. It is the 3rd largest of 9 Footwear companies we track, by market value.

In the report:
59out of 100
Equitytale Health Score
Mixed

Healthier than 59% of companies in Consumer Durables, on all six measures of filed financials. Each measure is ranked against the 25–41 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
19

At close. Not part of the score.

Profitability & returns31

How much profit it earns on the money it employs

Balance sheet80

How much it owes, and whether earnings cover the interest

Cash quality77

Whether reported profit actually arrives as cash

Growth & consistency31

Whether sales and profit have grown, and how steadily

Valuation60

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 8% vs last year
Profit up 12% vs last year
Promoters hold 71%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Thin 7.8% net margin

What if I invest in RELAXO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 2% a year, it would become
₹13.28 lakh

The slider starts at 2%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹314 +0.74%
latest close · 2026-09-17
1-year return
-73.2%
52-wk low ₹30952-wk high ₹1,448
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio35.5High
LowAverageHigh
P/B ratio3.54High
Below bookModerateHigh
EV / EBITDA16.1High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.0%Fair
WeakFairStrong ▸15%
Return on capital13.3%Fair
WeakFairStrong
Net margin7.8%Decent
ThinDecentStrong
EBITDA margin17.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover13.7×Strong
RiskyOkayStrong ▸5×
Current ratio2.33Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹7,808 cr
Book value
₹89
EPS
₹2.21
latest quarter
Net debt
₹-18 cr
more cash than debt
Enterprise value
₹7,790 cr
EBITDA
₹485 cr
annualised
EBIT
₹324 cr
annualised
Operating margin
11.5%
Return on assets
7.5%
Earnings yield
2.82%
P/S
2.77
Sales / share
₹113.3
Tax rate
26.8%
Face value
₹1
Shares
24.9 cr
Working capital
₹681 cr
Current assets
₹1,194 cr
Current liabilities
₹513 cr
Delivery %
42.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹42₹67, midpoint ₹54

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹705 cr
Other Income₹13 cr
Total Income₹718 cr
Cost of Materials₹311 cr
Purchases of Stock-in-Trade₹23 cr
Inventory Change (±)₹-99 cr
Employee Benefit Expense₹124 cr
Finance Costs₹6 cr
Depreciation & Amortisation₹40 cr
Other Expenses₹238 cr
Total Expenses₹643 cr
Profit before Tax₹75 cr
Tax Expense₹20 cr
Net Profit₹55 cr
Net margin on total income7.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹235 cr32.7%
Employee benefit expense₹124 cr17.2%
Finance costs₹6 cr0.8%
Depreciation & amortisation₹40 cr5.6%
Other expenses₹238 cr33.2%
Tax expense₹20 cr2.8%
Profit for the period₹55 cr7.7%
Total income ₹718 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue668 cr751 cr705 cr
Total income679 cr763 cr718 cr
Expenses643 cr672 cr643 cr
Profit before tax36 cr91 cr75 cr
Tax9 cr23 cr20 cr
Net profit (owners' share)27 cr68 cr55 cr
Net margin (owners' share, on revenue)4.0%9.0%7.8%
EPS (₹)1.062.722.21
YoY (latest quarter): total income +7.8% · net profit +12.4%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹2,949 cr
Shareholder equity
₹2,206 cr
parent shareholders
Total debt
₹0 cr
Cash
₹18 cr
Cash flow · H1 FY26
Operating
₹236 cr
Investing
₹-150 cr
Financing
₹-107 cr
Peer comparison
Footwear · by market value
CompanyPriceMarket capP/E
Metro Brands Limited₹950₹25,905 cr69.1
Bata India Limited₹637₹8,183 cr32.0
Relaxo Footwears Limitedthis company₹314₹7,808 cr35.5
Redtape Limited₹119₹6,559 cr37.1
Campus Activewear Limited₹212₹6,451 cr56.4
Sreeleathers Limited₹294₹681 cr24.3
Liberty Shoes Limited₹216₹368 cr135.0
Khadim India Limited₹123₹227 cr110.2
KSR Footwear Limited₹44₹81 cr65.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹3
ex 21 Aug 2025
ActionDetailEx-date
Dividend₹3 / share21 Aug 2025
Dividend₹3 / share22 Aug 2024
Dividend₹2.5 / share17 Aug 2023
Dividend₹2.5 / share17 Aug 2022
Dividend₹2.5 / share17 Aug 2021
Dividend₹1.25 / share11 Mar 2020
Who owns it · 2026-06-30
No pledge
Promoter
71.3%
FII / Foreign
3.1%
DII / Domestic
9.7%
Retail / others
16.0%
Smart-money activity
Insider trades
SoldHans Raj Sapra · -100 · ₹1.2 L30 Jun 21
SoldRahul Singhal · Employees/Designated Employees9 · ₹10,56630 Jun 21
SoldRahul Singhal · Employees/Designated Employees100 · ₹1.2 L28 Jun 21
Bulk / block deals
short · NSE231 Aug 26
short · NSE8824 Jul 26
short · NSE1021 Jul 26
Stake changes
BoughtSBI Mutual Fund under its various Schemes→ 9.27% · 10.10 L2 Dec 24
BoughtSBI Mutual Fund Under Various Scheme→ 7.01% · 36,18131 May 23
BoughtSBI Mutual Fund Under it Various schemes→ 5.01% · 6.00 L8 Feb 22
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 28 Aug 2025
See the official result
1
To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2025, including Balance Sheet as at March 31, 2025, the statement of Profit and Loss Account for the Financial Year ended on that date and Statement of Cash Flows for the financial year ended March 31, 2025, together with the Reports of Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
3.85 cr votes for, 210 against · 0% of mutual funds and other big investors said no
2
To declare a final dividend @300% equivalent to ₹3.00/- per equity share having Face Value of ₹1/- each for the Financial Year 2024-25.
Backed by 100% of shareholders other than promotersneeded 50%
3.85 cr votes for, 114 against · 0% of mutual funds and other big investors said no
3
To consider the re-appointment of Mr. Ramesh Kumar Dua, Chairman & Managing Director (DIN: 00157872) of the Company, who retires by rotation and being eligible, offers himself for reappointment
Promoters had a personal stake in this
Backed by 98% of shareholders other than promotersneeded 75%
3.79 cr votes for, 5.99 L against · 2% of mutual funds and other big investors said no
4
To consider the re-appointment of Mr. Mukand Lal Dua, Whole Time Director (DIN - 00157898) of the Company, who retires by rotation and being eligible, offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
3.84 cr votes for, 1.18 L against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 14 named members
owning 71.3% between them · as of 2026-06-30
RAMESH KUMAR DUA23.43%
MUKAND LAL DUA20.53%
USHA DUA3.92%
LALITA DUA3.83%
GAURAV KUMAAR DUA3.75%
RAHUL DUA3.75%
RITESH DUA3.71%
NITIN DUA3.65%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.