Relaxo Footwears Limited: Navigating the Indian Footwear Market
RELAXO
Relaxo Footwears Limited is one of India's leading footwear manufacturers, known for its diverse portfolio of brands including 'Relaxo', 'Flite', 'Sparx', and 'Bahamas'. The company operates in both the mass and semi-premium segments of the footwear market, with a strong presence in rubber and EVA footwear products. Relaxo has a widespread distribution network across India, catering primarily to the value-for-money segment.
Latest News and Developments (as of July 5, 2025):
. Q1 FY2026 Results Expected Soon:
* The company's financial year ends on March 31. Based on historical trends, the Q1 FY2026 results (for the quarter ended June 30, 2025) are likely to be announced in late July or early August 2025.
* The trading window for the company's shares is currently closed from June 23, 2025, in anticipation of these results.
. Q4 FY2025 and Full FY2025 Financial Performance (released May 9, 2025):
* Q4 FY2025 Revenue: ₹695.15 crore, a marginal increase from ₹666.90 crore in Q3 FY2025. However, there was a decline of 7% year-on-year from ₹747.21 crore in Q4 FY2024.
* Q4 FY2025 Profit After Tax (PAT): ₹56.22 crore, a substantial 70.31% increase quarter-on-quarter from ₹33.01 crore in Q3 FY2025. Year-on-year, it was a decline from ₹61.39 crore in Q4 FY22.
* Full FY2025 Revenue: ₹2,816.57 crore, a slight decline of 3.35% from ₹2,914.06 crore in FY2024. This marks the first revenue contraction in the last three years.
* Full FY2025 Profit After Tax (PAT): ₹170.33 crore, a decline of 15% from ₹200.47 crore in FY2024.
* EBITDA Margin (Q4 FY2025): Improved to 11.49% from 7.42% in Q3 FY2025, indicating better operational efficiency. For the full FY2025, the EBITDA margin was approximately 14.5% (calculated).
* Dividend: The company has a record date set for a dividend of ₹3.00 per share.