Relaxo Footwears Ltd Analyst Rating
based on 15 analysts
13.33%
Buy
40.00%
Hold
46.67%
Sell
Based on 15 analysts offering long term price targets for Relaxo Footwears Ltd. An average target of ₹718.2
Source: S&P Global Market Intelligence
Relaxo Footwears Ltd Share analysis
Relaxo Footwears Ltd price forecast by 15 analysts
Upside of14.73%
High
₹948
Target
₹718.20
Low
₹528
Relaxo Footwears Ltd target price ₹718.2, a slight upside of 14.73% compared to current price of ₹626. According to 15 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Relaxo Footwears Ltd revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
Relaxo Footwears Ltd EPS growth forecast
EPS estimate Q1, FY2026:0
Forecast
Actual
Source: S&P Global Market Intelligence
Relaxo Footwears Ltd Performance
Day's Low
Day's High
₹623.7Day's Price Range₹632.452 Week's Low
52 Week's High
₹623.752-Week Price Range₹949
| Returns % | |
| 1 Month Return | -0.29 % |
| 3 Month Return | -23.26 % |
| 1 Year Return | -30.09 % |
| Market Stats | |
| Previous Close | ₹623.55 |
| Open | ₹625.00 |
| Volume | 31.76K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹15,583.56Cr |
Relaxo Footwears Ltd Key Statistics
| P/E Ratio | 0 |
| PEG Ratio | 0 |
| Market Cap | ₹15,583.56 Cr |
| P/B Ratio | 10.15 |
| EPS | 0 |
| Dividend Yield | 0 |
| Sector | Leather |
| ROE | 10.4 |
Relaxo Footwears Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹15,583.56 Cr | 0.35% | 0.55 | NA | NA | |
| HOLD | ₹17,499.02 Cr | -4.13% | 0.74 | ₹262 Cr | ₹3,478 Cr | |
| BUY | ₹9,006.20 Cr | -4.43% | 0.61 | ₹107 Cr | ₹1,194 Cr | |
| BUY | ₹33,556.24 Cr | 30% | 0.69 | ₹412 Cr | ₹2,356 Cr |
About Relaxo Footwears Ltd
Relaxo Footwears Ltd operates in the manufacturing and marketing of footwear for men, women and children. It has a wide range of products which includes casuals, formals, sandals, slippers, and sports shoes. The company has several popular brands in its portfolio such as Flite, Sparx, Schoolmate, Bahamas, and Hawaii. The company also manufactures and markets footwear under the Relaxo brand.
Relaxo Footwears Ltd has a strong presence in the Indian market with its products being sold in more than 30,000 retail outlets across the country. The company also exports its products to several countries in the Middle East, Africa, and Europe. Some of the company's top products include Flite, Sparx, Schoolmate, Bahamas, and Hawaii. These products are known for their superior quality, comfort, and durability.
Share Price: ₹626.00 per share as on 24 Dec, 2024 04:01 PM
Market Capitalisation: ₹15,583.56Cr as of today
Listing date: 27 Nov, 1996
| Organisation | Relaxo Footwears Ltd |
| Headquarters | |
| Industry | Leather |
| E-voting on shares | Click here to vote |
Key events for Relaxo Footwears Ltd
Saurabh Mukherjea Exits Relaxo Amid Challenges - 06 Dec, 2024
Saurabh Mukherjea of Marcellus Investment Managers ended his investment in Relaxo Footwears due to rising raw material costs, competition, and declining profits. Despite delivering 900x returns over 18 years, the stock has fallen over 50% from its peak since late 2021.Relaxo Footwears Faces Revenue Decline Amid Competition - 13 Nov, 2024
Relaxo Footwears reported a 5% YoY revenue decline due to a 10% volume drop, despite a 6% ASP increase. EBITDA and PAT were in line, but estimates for FY25/26 have been lowered. The management's strategy to maintain pricing may affect market share short-term but aims for long-term benefits. Motilal Oswal maintains a Neutral rating with a target price of Rs 680.Relaxo Footwear Reports Decline in Sales and Profit - 12 Nov, 2024
Relaxo Footwear's standalone net sales for September 2024 fell by 5.03% year-on-year to Rs 679.37 crore. Net profit decreased by 16.88% to Rs 36.73 crore, while EBITDA also declined by 7.6%. The company's EPS dropped to Rs 1.48 from Rs 1.78 in the previous year. Shares closed at Rs 738.65, reflecting negative returns over the past 6 and 12 months.Relaxo Footwears Reports Decline in Q2 Profit - 11 Nov, 2024
Relaxo Footwears' Q2 FY25 net profit fell 17% to Rs 37 crore, with revenue down 5% to Rs 679 crore. The company faces subdued demand and increased competition, prompting strategies for expansion and operational efficiency.Relaxo Footwears Reports Decline in Q2 Performance - 09 Nov, 2024
Relaxo Footwears reported a 17% YoY decline in Q2 PAT to Rs 37 crore, with revenue falling 5.02% to Rs 679.37 crore. The company faced subdued demand and increased competition, impacting margins. Despite challenges, Relaxo maintained its EBITDA margin and is focusing on technological upgrades and expanding its distributor network.Relaxo Footwears Reports Q2 Earnings Results - 08 Nov, 2024
Relaxo Footwears Limited announced its earnings results for the second quarter and six months ended September 30, 2024. The company operates in various footwear categories, including rubber slippers, EVA and PU slippers, and sports shoes, with a strong retail and e-commerce presence.Sparx Launches Exciting New Sneaker Collection - 07 Nov, 2024
Sparx has unveiled its latest sneaker collection for Autumn-Winter 2024, targeting fashion-forward youth with innovative designs and ultimate comfort, aiming to elevate their style.
Insights on Relaxo Footwears Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 9.52% to 9.96% in Sep 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 3.36% to 3.41% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Liberty Shoes Ltd has given 215.0% return, outperforming this stock by 264.3%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 71.27% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Liberty Shoes Ltd has given 67.0% return, outperforming this stock by 97.1%
NEGATIVE IMPACTPrice Dip
In the last 3 months, RELAXO stock has moved down by -23.3%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 15.83% to 15.33% in Sep 2024 quarter
Relaxo Footwears Ltd Financials
Index Inclusions
Relaxo Footwears Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 71.27% | 0.00 | |
| Foreign Institutions | 3.41% | 1.61 | |
| Mutual Funds | 9.96% | 4.59 | |
| Retail Investors | 15.33% | ||
| Others | 0.03% | 19.74 |
Relaxo Footwears Ltd Key Indicators
Relaxo Footwears Ltd Earnings and Dividends
Relaxo Footwears Ltd Earnings Results
Relaxo Footwears Ltd’s net profit fell -16.88% since last year same period to ₹36.73Cr in the Q2 2024-2025. On a quarterly growth basis, Relaxo Footwears Ltd has generated -17.22% fall in its net profits since last 3-months.
Read More about Earnings ResultsRelaxo Footwears Ltd Dividends May,2024
In the quarter ending March 2024, Relaxo Footwears Ltd has declared dividend of ₹3 - translating a dividend yield of 0.88%.
Read More about Dividends
Relaxo Footwears Ltd Technicals Summary
Bearish
Neutral
Bullish
Relaxo Footwears Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Relaxo Footwears Ltd (RELAXO) share price today is ₹626
Relaxo Footwears Ltd is listed on NSE
Relaxo Footwears Ltd is listed on BSE
- Today’s highest price of Relaxo Footwears Ltd is ₹632.4.
- Today’s lowest price of Relaxo Footwears Ltd is ₹623.7.
Today’s traded volume of Relaxo Footwears Ltd(RELAXO) is 31.76K.
Today’s market capitalisation of Relaxo Footwears Ltd(RELAXO) is ₹15583.56Cr.
| Relaxo Footwears Ltd(RELAXO | Price |
|---|---|
52 Week High | ₹949 |
52 Week Low | ₹623.7 |
Relaxo Footwears Ltd(RELAXO) share price is ₹626. It is down -34.04% from its 52 Week High price of ₹949
Relaxo Footwears Ltd(RELAXO) share price is ₹626. It is up 0.37% from its 52 Week Low price of ₹623.7
| Relaxo Footwears Ltd(RELAXO | Returns |
|---|---|
1 Day Returns | 2.45% |
1 Month Returns | -0.29% |
3 Month Returns | -23.26% |
1 Year Returns | -30.09% |