Relaxo Foot Ltd.
NSE: RELAXO · Footwear · sector
₹282.20NSE close 2026-10-26
Key numbers
Market cap₹7,024 cr
Price₹282.20
52w high / low₹455 / ₹236
P/E37.9xSector median 37.3x
P/B3.2xSector median 2.7x
Book value₹88.6
Dividend yield1.06%Sector median 0.33%
ROE8.6%Sector median 8.9%
ROCE12.4%Sector median 13.6%
OPM13.9%Sector median 14.4%
Debt / equity0.00xSector median 0.12x
EV/EBITDA17.8xSector median 13.9x
Interest cover12.3x
Current ratio2.33x
Sales growth 3y-1.0%Sector median +5.2%
Profit growth 3y+5.1%Sector median +4.2%
PEG7.50x
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 10 companies in Footwear (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹213 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 12.3x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY22).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 26% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹282.20 on 2026-10-26: -37.9% from the 52-week high, +19.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹822.05 · low ₹254.85
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 679 | 667 | 695 | 654 | 629 | 668 | 751 | 705 |
| EBITDA | 88 | 83 | 112 | 99 | 81 | 69 | 124 | 108 |
| OPM % | 12.9% | 12.5% | 16.1% | 15.2% | 12.9% | 10.4% | 16.5% | 15.4% |
| Other income | 7 | 7 | 8 | 11 | 12 | 11 | 12 | 13 |
| Net profit | 37 | 33 | 56 | 49 | 36 | 27 | 68 | 55 |
| EPS (₹) | 1.48 | 1.32 | 2.26 | 1.96 | 1.46 | 1.06 | 2.72 | 2.21 |
| Revenue YoY | -7.5% | +0.2% | +8.0% | +7.7% | ||||
| Profit YoY | -1.6% | -19.6% | +20.4% | +12.4% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2,653 | 2,783 | 2,914 | 2,790 | 2,702 | 2,753 |
| EBITDA | 416 | 336 | 407 | 382 | 374 | 383 |
| Net profit | 233 | 154 | 200 | 170 | 179 | 185 |
| EPS (₹) | 9.36 | 6.21 | 8.05 | 6.84 | 7.20 | 7.45 |
| Revenue growth | +4.9% | +4.7% | -4.3% | -3.1% | +2.1% | |
| Profit growth | -33.6% | +29.8% | -15.0% | +5.2% | +6.0% | |
| Dividend / share (₹) | 2.50 | 2.50 | 2.50 | 3.00 | 3.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -1.0% | +2.8% | +2.1% |
| Net profit | +5.1% | -9.3% | +6.0% |
| EPS | +5.1% | -9.3% | – |
| Share price | – | -39.0% (2y) | -34.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,855 | 2,001 | 2,098 | 2,206 |
| Borrowings | – | 0 | 19 | 0 | 0 |
| Cash & equivalents | – | 275 | 181 | 311 | 213 |
| Total assets | – | 2,495 | 2,714 | 2,762 | 2,949 |
| Fixed assets | – | 1,119 | 1,349 | 1,331 | 1,356 |
| Capital work in progress | – | 88 | 33 | 53 | 97 |
| Investments | – | 25 | 25 | 74 | 247 |
| Receivables | – | 270 | 358 | 312 | 299 |
| Inventory | – | 564 | 599 | 558 | 557 |
| Payables | – | 253 | 255 | 197 | 263 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 56 | 400 | 235 | 406 | 348 |
| Cash from investing | 15 | -258 | -99 | -262 | -207 |
| Cash from financing | -70 | -138 | -106 | -162 | -146 |
| Capex | 140 | 185 | 250 | 116 | 137 |
| Free cash flow | -84 | 215 | -15 | 290 | 211 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 8.3% | 10.0% | 8.1% | 8.1% |
| ROCE % | – | 12.4% | 14.3% | 11.9% | 11.9% |
| Debtor days | – | 35 | 45 | 41 | 40 |
| Inventory days | – | 154 | 179 | 177 | 184 |
| Payable days | – | 69 | 76 | 63 | 87 |
| Cash conversion cycle (days) | – | 120 | 148 | 155 | 137 |
| Working capital days | – | 95 | 91 | 103 | 92 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 71.27% |
| FIIs | 2.97% |
| DIIs | 9.58% |
| of which Mutual funds | 9.36% |
| Government | 0.00% |
| Public (non-institutions) | 16.18% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 71.27% | 71.27% | 71.27% | 71.27% | 71.27% | 71.27% | 71.27% | 71.27% |
| Promoter group | % |
|---|---|
| Ramesh Kumar DUA | 23.43% |
| Mukand LAL DUA | 20.53% |
| Usha DUA | 3.92% |
| Lalita DUA | 3.83% |
| Gaurav Kumaar DUA | 3.75% |
| Rahul DUA | 3.75% |
| Ritesh DUA | 3.71% |
| Nitin DUA | 3.65% |
| Nikhil DUA | 3.59% |
| Sakshi DUA | 0.81% |
| Mukand LAL DUA (HUF) (Mukand LAL DUA - Karta) | 0.19% |
| Pushpa Juneja | 0.04% |
| Shashi Mehra | 0.04% |
| Ramesh Kumar DUA (HUF) (Ramesh Kumar DUA - Karta) | 0.02% |
| Public holders above 1% | % |
|---|---|
| SBI Consumption Opportunities Fund | 9.19% |
| VLS Securities Limited | 5.83% |
| VLS Finance Ltd | 3.03% |
2,21,673 shareholders. Pledged: 0.00% of promoter shares.
Peers in Footwear
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| METROBRAND | ₹21,951 cr | 52.9x | 10.5x | 39.3% | 32.3% | 30.1% | +10.4% | 0.68% |
| BATAINDIA | ₹8,025 cr | 54.9x | 5.0x | 9.2% | 20.7% | 18.8% | +0.6% | 1.44% |
| RELAXO | ₹7,024 cr | 37.9x | 3.2x | 8.6% | 12.4% | 13.9% | -1.0% | 1.06% |
| REDTAPE | ₹5,740 cr | 23.3x | 5.6x | 27.6% | 28.6% | 18.0% | – | 0.24% |
| CAMPUS | ₹5,739 cr | 37.3x | 6.3x | 18.5% | 24.5% | 16.4% | +6.1% | 0.16% |
| SREEL | ₹613 cr | 18.7x | 1.2x | 6.8% | 8.8% | 14.8% | +7.6% | 0.33% |
| LIBERTSHOE | ₹320 cr | 37.3x | 1.4x | 3.8% | 8.9% | 8.4% | +4.2% | – |
| LEHAR | ₹300 cr | 18.1x | 2.3x | 13.5% | 14.8% | 9.2% | +28.7% | 0.29% |
| KHADIM | ₹221 cr | 79.6x | 1.3x | 1.3% | 10.5% | 12.2% | -17.8% | – |
| KSR | ₹60 cr | – | 0.8x | -10.1% | -8.6% | -2.0% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-18 | Dividend | Dividend - Rs 3.50 Per Share |
| 2025-08-21 | Dividend | Dividend - Rs 3 Per Share |
| 2024-08-22 | Dividend | Dividend - Rs 3 Per Share |
| 2023-08-17 | Dividend | Annual General Meeting/Dividend - Rs 2.50 Per Share |
| 2022-08-17 | Dividend | Dividend - Rs 2.50 Per Share |
| 2021-08-17 | Other | Annual General Meeting |
| 2021-08-17 | Dividend | Dividend - Rs 2.50 Per Share |
| 2020-09-16 | Other | Annual General Meeting |
| 2020-03-11 | Dividend | Interim Dividend - Rs 1.25 Per Share |
| 2019-09-18 | Dividend | Annual General Meeting/Dividend - Rs 0.90 Per Share |
| 2019-06-26 | Bonus | Bonus 1:1 |
| 2018-09-18 | Dividend | Annual General Meeting/Dividend Rs 1.50 Per Share |
| 2016-09-07 | Dividend | Annual General Meeting/Dividend - Re 0.60/- Per Share |
| 2015-09-15 | Dividend | Annual General Meeting/Dividend Re 0.50 Per Share |
| 2015-07-01 | Bonus | Bonus 1:1 |
| 2014-09-10 | Dividend | Annual General Meeting / Dividend - Re 0.50/- Per Share |
| 2013-11-22 | Split | Face Value Split From Rs.5/- To Re.1/- |
| 2013-09-11 | Dividend | Annual General Meeting And Dividend Rs.2/- Per Share |
| 2012-09-07 | Dividend | Annual General Meeting/Dividend Rs.1.50 Per Share |
| 2011-09-12 | Dividend | Dividend Re 1 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing and Sale of Footwear: Relaxo Footwears Limited is a leading manufacturer of a diverse range of high-quality footwear articles. Our extensive product line is distributed and made available to customers through an extensive network of authorized distributors and retailers
| Sector | Consumer Discretionary |
| Industry | Footwear |
| Sub-industry | Footwear |
| Symbol | RELAXO |
| BSE code | 530517 |
| ISIN | INE131B01039 |
| Face value | ₹1.0 |
| Incorporated | 1984-09-13 |
| Website | www.relaxofootwear.com |
| Plants (India / abroad) | 10 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.