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Relaxo Footwear

  • Market Cap: Mid Cap
  • Industry: Consumer durables
  • ISIN: INE131B01039
  • NSEID: RELAXO
  • BSEID: 530517
INR
417.10
12.6 (3.11%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 70.45 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

70.45 k (26.04%) Volume

Shareholding (Dec 2024)

FII

3.27%

Held by 114 FIIs

DII

10.54%

Held by 14 DIIs

Promoter

71.27%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Operating profit has grown by an annual rate -5.57% of over the last 5 years

 
2

The company has declared Negative results for the last 3 consecutive quarters

3

Stock is technically in a Bearish range

4

With ROE of 8.7, it has a Very Expensive valuation with a 5 Price to Book Value

5

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Consumer durables

stock-summary
Market cap

INR 10,383 Cr (Mid Cap)

stock-summary
P/E

57.00

stock-summary
Industry P/E

57

stock-summary
Dividend Yield

0.74%

stock-summary
Debt Equity

0.03

stock-summary
Return on Equity

8.73%

stock-summary
Price to Book

5.01

Revenue and Profits (1 Year):
Net Sales:
667 Cr
(Quarterly Results - Dec 2024)
Net Profit:
33 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.74%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-47.86%
0%
-47.86%
1 Year
-49.77%
0.36%
-49.41%
2 Years
-49.06%
0.65%
-48.41%
3 Years
-64.17%
0.78%
-63.39%
4 Years
-55.78%
1.15%
-54.63%
5 Years
-32.81%
1.60%
-31.21%

Latest dividend: 3 per share ex-dividend date: Aug-22-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
2.55%
EBIT Growth (5y)
-5.57%
EBIT to Interest (avg)
15.83
Debt to EBITDA (avg)
0.44
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.41
Tax Ratio
25.89%
Dividend Payout Ratio
37.25%
Pledged Shares
0
Institutional Holding
13.81%
ROCE (avg)
17.71%
ROE (avg)
12.66%
Valuation key factors
Factor
Value
P/E Ratio
57
Industry P/E
57
Price to Book Value
5.01
EV to EBIT
43.53
EV to EBITDA
25.96
EV to Capital Employed
4.89
EV to Sales
3.57
PEG Ratio
NA
Dividend Yield
0.74%
ROCE (Latest)
11.54%
ROE (Latest)
8.73%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 6 Schemes (10.52%)

FIIs

Held by 114 FIIs (3.27%)

Promoter with highest holding

Ramesh Kumar Dua (23.47%)

Highest Public shareholder

Sbi Large & Midcap Fund (9.46%)

Individual Investors Holdings

5.35%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -6.43% vs 4.65% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -14.42% vs 28.14% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "666.90",
          "val2": "712.71",
          "chgp": "-6.43%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "83.39",
          "val2": "87.17",
          "chgp": "-4.34%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "5.38",
          "val2": "4.83",
          "chgp": "11.39%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "33.01",
          "val2": "38.57",
          "chgp": "-14.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.50%",
          "val2": "12.23%",
          "chgp": "0.27%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -1.83% vs 8.78% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -19.31% vs 64.58% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,427.56",
          "val2": "1,454.14",
          "chgp": "-1.83%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "186.56",
          "val2": "199.07",
          "chgp": "-6.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "9.87",
          "val2": "9.20",
          "chgp": "7.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "81.10",
          "val2": "100.51",
          "chgp": "-19.31%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.07%",
          "val2": "13.69%",
          "chgp": "-0.62%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -3.34% vs 7.39% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -17.95% vs 52.55% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,094.46",
          "val2": "2,166.85",
          "chgp": "-3.34%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "269.95",
          "val2": "286.24",
          "chgp": "-5.69%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "15.25",
          "val2": "14.03",
          "chgp": "8.70%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "114.11",
          "val2": "139.08",
          "chgp": "-17.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.89%",
          "val2": "13.21%",
          "chgp": "-0.32%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 4.72% vs 4.88% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 29.78% vs -33.61% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,914.06",
          "val2": "2,782.77",
          "chgp": "4.72%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "406.59",
          "val2": "335.78",
          "chgp": "21.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "18.69",
          "val2": "19.24",
          "chgp": "-2.86%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "200.47",
          "val2": "154.47",
          "chgp": "29.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.95%",
          "val2": "12.07%",
          "chgp": "1.88%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
666.90
712.71
-6.43%
Operating Profit (PBDIT) excl Other Income
83.39
87.17
-4.34%
Interest
5.38
4.83
11.39%
Exceptional Items
0.00
0.00
Standalone Net Profit
33.01
38.57
-14.42%
Operating Profit Margin (Excl OI)
12.50%
12.23%
0.27%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -6.43% vs 4.65% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is -14.42% vs 28.14% in Dec 2023

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,427.56
1,454.14
-1.83%
Operating Profit (PBDIT) excl Other Income
186.56
199.07
-6.28%
Interest
9.87
9.20
7.28%
Exceptional Items
0.00
0.00
Standalone Net Profit
81.10
100.51
-19.31%
Operating Profit Margin (Excl OI)
13.07%
13.69%
-0.62%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -1.83% vs 8.78% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -19.31% vs 64.58% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2,094.46
2,166.85
-3.34%
Operating Profit (PBDIT) excl Other Income
269.95
286.24
-5.69%
Interest
15.25
14.03
8.70%
Exceptional Items
0.00
0.00
Standalone Net Profit
114.11
139.08
-17.95%
Operating Profit Margin (Excl OI)
12.89%
13.21%
-0.32%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -3.34% vs 7.39% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -17.95% vs 52.55% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,914.06
2,782.77
4.72%
Operating Profit (PBDIT) excl Other Income
406.59
335.78
21.09%
Interest
18.69
19.24
-2.86%
Exceptional Items
0.00
0.00
Standalone Net Profit
200.47
154.47
29.78%
Operating Profit Margin (Excl OI)
13.95%
12.07%
1.88%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 4.72% vs 4.88% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 29.78% vs -33.61% in Mar 2023

stock-summaryCompany CV
About Relaxo Footwears Ltd stock-summary
stock-summary
Relaxo Footwears Ltd
Mid Cap
Consumer durables
Relaxo Footwears Limited (RWL), a part of Relaxo Group which has major interest in Footwear production, was incorporated in September 13, 1984 as a Private Limited Company to market the products of group concerns such as Hawaii Slippers, Light Weight Slippers, Canvas Shoes, PVC Footwear, etc. It was subsequently converted into a Public Limited Company in March 31, 1993.
Company Coordinates stock-summary
Company Details
Aggarwal City Square Plot-10, Manglam Place Sec-3 Rohini Delhi Delhi : 110085
stock-summary
Tel: 91-011-46800600/46800700
stock-summary
rfl@relaxofootwear.com
Registrar Details
Karvy Computershare Pvt Ltd, Plot No 17-24 , Near Image Hospital,, Reliance Cybervilae,Vithalrao Nagar,, Madhapur, Hyderabad