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Relaxo Footwears Limited is the largest footwear manufacturing company in India, which deals in non-leather products i.e. rubber/EVA slippers, canvas shoes, sport shoes, sandals, school shoes and other types of footwear. It is also the leader in 'value' segment footwear.It has a portfolio of renowned brands like Relaxo, Sparx, Flite and Bahamas. The company sells its products through retailers served through…
Relaxo Footwears reported strong Q1 financial results: Revenue grew 7.7% to ₹705 Cr, EBITDA rose 8.8% to ₹108 Cr, and PAT increased 12.4% to ₹55 Cr. The company plans to expand its retail EBO network, targeting around 500 stores by year-end.
Relaxo Footwears established a renewable energy SPV, Clean Max MUOI Private Limited. The company will invest up to ₹2.50 Cr for ~26% equity, aiming to power its Haryana plants with green energy, optimize costs, and ensure compliance.
Relaxo Footwears reported strong Q4 results: Revenue up 8.1% to Rs. 751 Cr, PAT jumped 20.4% to Rs. 68 Cr. Full-year PAT grew 5.3% to Rs. 179 Cr despite revenue moderation. Management notes improving demand, cautious on inflation but optimistic for FY27.
Relaxo Footwears reported Q3 revenue at Rs. 668 Cr, showing modest growth. EBITDA declined to Rs. 69 Cr due to increased sales promotion, leading to PAT of Rs. 27 Cr. Organized retail and e-commerce channels demonstrated strong performance.
Relaxo Footwears reported Q2 revenue at Rs. 629 Cr (down 7.5%) and PAT at Rs. 36 Cr (down 1.6%). H1 revenue was Rs. 1,283 Cr (down 10.1%), PAT up 4.9% to Rs. 85 Cr. Soft demand and distributor destocking impacted sales, but a recent tax reduction boosted competitiveness. Demand revival...