Relaxo Footwears Ltd (RELAXO)
₹855.9▲2.64%
Analyst Rating
based on 14 analysts
21.43%
Buy
42.86%
Hold
35.71%
Sell
Based on 14 analysts offering long term price targets for Relaxo Footwears Ltd. An average target of ₹799.93
Source: S&P Global Market Intelligence
Relaxo Footwears Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹835₹866.552 Week's Low
52 Week's High
₹758.25₹974
| Returns % | |
| 1 Month Return | + 0.45 % |
| 3 Month Return | + 1.24 % |
| 1 Year Return | -12.08 % |
| Market Stats | |
| Previous Close | ₹833.90 |
| Open | ₹839.95 |
| Volume | 3.19L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹20,758.99Cr |
Key Statistics
| P/E Ratio | 0 |
| PEG Ratio | 0 |
| Market Cap | ₹20,758.99 Cr |
| P/B Ratio | 11.39 |
| EPS | 0 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹20,758.99 Cr | 21.27% | 0.54 | NA | NA |
 | HOLD | ₹20,067.00 Cr | 3.9% | 0.74 | ₹262 Cr | ₹3,478 Cr |
 | BUY | ₹8,751.57 Cr | -4.87% | 0.69 | ₹107 Cr | ₹1,194 Cr |
 | HOLD | ₹36,191.59 Cr | 33.96% | 0.69 | ₹363 Cr | ₹2,127 Cr |
Company Information
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: ₹855.90 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹20,758.99Cr 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
Relaxo Footwears Stock Price Down 2.4% - 28 Jun, 2024
The stock price of Relaxo Footwears has dropped by 2.4% in the past week, but the company's financials look respectable over the long term. An article studied ROE to assess the company's performance.
Relaxo Footwears Stock May Be Nearing Bottom, Potential for Uptrend - 15 Jun, 2024
The Relaxo Footwears stock has been in a downtrend since November 2011 but may be nearing a bottom. Immediate support is at ₹760 with strong support at ₹720-700. A rise above ₹1,000 will confirm trend reversal and could take the stock up to ₹1,500 over two years. Investors can buy more at current levels and at ₹760 with stop-loss at ₹680.
Axis Securities Recommends Buy on Relaxo Footwears - 11 Jun, 2024
Axis Securities has recommended a buy call on Relaxo Footwears with a target price of ₹950. Despite a 2% YoY decrease in revenue, EBITDA grew by 2% YoY to ₹120 crore, and margins increased to 16.1%. Axis believes the worst is over for Relaxo and expects demand to improve with good monsoons.
Relaxo Footwears Has Net Cash Despite Carrying Debt - 01 Jun, 2024
Relaxo Footwears had debt of ₹185.4m in March 2024, but also has ₹1.81b in cash to offset that, resulting in a net cash of ₹1.62b. The company's EBIT grew by 22% over the last year, indicating no concerns with its use of debt.
Relaxo Footwears Launches Spring Summer Collection 2024 - 31 May, 2024
Relaxo Footwear Ltd's brand, Sparx, has launched its product range for the Spring Summer Collection 2024. The new collection features versatile designs made from lightweight and moisture-wicking materials with customizable fits, ideal for casual outings and daily activities.
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 9.29% to 9.52% in Jun 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 3.32% to 3.36% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Liberty Shoes Ltd has given 124.6% return, outperforming this stock by 154.1%
- NO EFFECT
Against Peers
In the last 1 year, Liberty Shoes Ltd has given 80.6% return, outperforming this stock by 92.7%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 71.27% of holdings in Jun 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 3 years, RELAXO stock has moved down by -29.5%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 16.08% to 15.83% in Jun 2024 quarter
Company Financials
| 2023 | Y/Y Change | |
|---|---|---|
Total Assets | ₹2,556.91Cr | ↑4.72% |
Total Liabilities | ₹701.86Cr | ↑2.99% |
| 2023 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹400.07Cr | ↑614.54% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 71.27% | 0.00 | |
| Foreign Institutions | 3.36% | 1.27 | |
| Mutual Funds | 9.52% | 2.54 | |
| Retail Investors | 15.83% | ||
| Others | 0.02% |
Key Indicators
Earnings and Dividends
Relaxo Footwears Ltd Earnings Results
Relaxo Footwears Ltd’s net profit fell -3.02% since last year same period to ₹61.39Cr in the Q4 2023-2024. On a quarterly growth basis, Relaxo Footwears Ltd has generated 59.17% jump in its net profits since last 3-months.
Read More about Earnings ResultsRelaxo Footwears Ltd Dividends May,2023
In the quarter ending March 2023, Relaxo Footwears Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.60%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Relaxo Footwears Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Relaxo Footwears Ltd (RELAXO) share price today is ₹855.9
Relaxo Footwears Ltd is listed on NSE
Relaxo Footwears Ltd is listed on BSE
- Today’s highest price of Relaxo Footwears Ltd is ₹866.5.
- Today’s lowest price of Relaxo Footwears Ltd is ₹835.
Today’s traded volume of Relaxo Footwears Ltd(RELAXO) is 3.19L.
Today’s market capitalisation of Relaxo Footwears Ltd(RELAXO) is ₹20758.99Cr.
| Relaxo Footwears Ltd(RELAXO | Price |
|---|---|
52 Week High | ₹974 |
52 Week Low | ₹758.25 |
Relaxo Footwears Ltd(RELAXO) share price is ₹855.9. It is down -12.13% from its 52 Week High price of ₹974
Relaxo Footwears Ltd(RELAXO) share price is ₹855.9. It is up 12.88% from its 52 Week Low price of ₹758.25
| Relaxo Footwears Ltd(RELAXO | Returns |
|---|---|
1 Day Returns | 22% |
1 Month Returns | 0.45% |
3 Month Returns | 1.24% |
1 Year Returns | -12.08% |