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Not investment advice. Data and computed figures, for information only.

Relaxo Footwears Ltd

NSE: RELAXO
₹294.35
−₹5.40 (−1.80%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹7,120 Cr
CMP
₹294.35
52-wk High / Low
₹455 / 237
P/E
38.4
P/B
3.2
Book Value
₹88.6
Div Yield
1.22%
ROCE
11.0%
ROE
8.3%
Face Value
₹1
D/E
0.11

Price−32.3% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹120
√(22.5 × EPS × book value per share)
ROIC
6.7%
vs 12.3% sector median
Cash flow to profit
1.94
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+18
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
4.4%
ROE × earnings retention ratio
ROE stability
2.0
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.07DII −0.07
Latest quarter vs the previous one
Cash-accrual divergence
−5.9%
of assets
Low = accruals track cash flow
Strengths
+FII holding rose by 0.3pp over the last year
+PE of 38.4x is below the sector median of 38.5x
Watch-outs
−Latest ROCE of 11% trails the sector median of 19%
−Price trades below its 200-day moving average (0.9x)
−Price is 35.3% below its 52-week high

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Standalone basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales739715713747748679667695654629668751705
Expenses631624626627649592584583555547599627597
Operating Profit1089287120998883112998169124108
OPM %14.6%12.9%12.2%16.1%13.2%13.0%12.4%16.1%15.1%12.9%10.3%16.5%15.3%
Other Income7116557781112111213
Interest4555555555566
Depreciation35373838394040394039393940
Profit before tax76605182605045756649369175
Net Profit56443961443733564936276855
EPS (₹)2.261.781.552.471.781.481.332.261.961.451.072.722.21

Profit & Loss

As of 30 Jun 2026
Standalone · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,4411,6681,6311,9412,2922,4102,3592,6532,7832,9142,7902,7022,753
Expenses1,2401,4271,4001,6391,9641,9981,8612,2352,4422,5052,4052,3262,370
Operating Profit201241231302328413498418341409385377383
OPM %13.9%14.4%14.2%15.6%14.3%17.1%21.1%15.8%12.3%14.0%13.8%14.0%13.9%
Other Income0714412822231629274648
Interest182315991919172221242422
Depreciation4047515462109110114125147158157158
Profit before tax143178178244268292391311210269230241251
Net Profit103120120161175226292233154200170179185
EPS (₹)4.295.014.996.697.079.1111.749.356.218.056.847.207.45

Balance Sheet

As of 30 Jun 2026
Standalone · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital61212121225252525252525—
Reserves3624685947491,0931,2481,5481,7351,8301,9762,0732,181—
Borrowings239236178153112139144174164205213233—
Other Liabilities234281286335394430459448476508452510—
Total Liabilities8419971,0701,2501,6111,8412,1762,3832,4952,7142,7622,949—
Fixed Assets4725315415258489819389871,1501,3711,3441,365—
CWIP22862138114611814989335497—
Investments001100338194225108343436—
Other Assets3674384665877528147821,0521,0301,2021,0211,051—
Total Assets8419971,0701,2501,6111,8412,1762,3832,4952,7142,7622,949—

Cash Flows

As of 31 Mar 2026
Standalone · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity10715918015412331951356400235406348
Cash from Investing Activity−130−130−89−108−56−116−45315−258−99−262−206
Cash from Financing Activity21−31−89−46−68−203−56−70−138−106−162−146
Net Cash Flow−1−210−1141330−18−5

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %30.030.026.030.026.024.026.018.012.014.011.011.0
ROE %———————————8.3
EPS (₹)4.295.014.996.697.079.1111.749.356.218.056.847.20
Book Value (₹)———————————88.6
Face Value (₹)———————————1
P/E———————————38.4
Div Yield %———————————1.22
NPM %7.17.27.38.37.69.312.38.75.56.86.06.5
OPM %14.014.014.016.014.017.021.016.012.014.014.014.0
D/E0.650.490.290.200.100.110.090.100.090.100.100.11
P/B———————————3.2

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+5.0%
5 years+3.0%
3 years−1.0%
TTM+2.0%
Compounded profit growth
10 years+4.0%
5 years−9.0%
3 years+5.0%
TTM+6.0%
Stock price CAGR
10 years+3.0%
5 years−27.0%
3 years−32.0%
Last year−34.0%
Return on equity
10 years13.0%
5 years10.0%
3 years9.0%
Last year8.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters74.93%74.93%74.25%71.02%70.98%70.92%70.78%71.25%71.27%71.27%71.27%71.27%
FIIs4.47%4.47%4.62%2.74%2.95%3.88%3.22%2.82%3.32%3.07%3.04%3.11%
DIIs1.79%1.79%2.17%6.15%6.42%7.00%6.94%7.96%9.33%10.55%9.74%9.67%
Government————————————
Public18.81%18.81%18.97%20.09%19.65%18.20%19.06%17.98%16.07%15.13%15.95%15.95%
No. of shareholders10,78410,78411,18317,19168,5731,22,4483,10,0793,58,7002,69,3882,36,6772,25,9312,23,844
Change since Jun 2023 (pp)
Promoters −3.66FIIs −1.36DIIs +7.88Public −2.86

Documents

As of 11 Oct 2026
Announcements
Intimation Regarding Report Received From Registrar And Share Transfer Agent On Lodgement / Re-Lodgement Of Transfer Requests And Dematerialization Of Physical SharesDisclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 -Updates On AcquisitionCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Change in ManagementAnnouncement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026PPTJun 2026TranscriptJun 2026PPTJan 2026PPTNov 2025TranscriptNov 2025PPTJul 2025PPT

Corporate actions

As of 18 Sep 2026
18 Sep 2026DIVIDENDDividend - Rs 3.50 Per Share—
21 Aug 2025DIVIDENDDividend - Rs 3 Per Share—
22 Aug 2024DIVIDENDDividend - Rs 3 Per Share—
17 Aug 2023DIVIDENDAnnual General Meeting/Dividend - Rs 2.50 Per Share—
17 Aug 2022DIVIDENDDividend - Rs 2.50 Per Share—
17 Aug 2021DIVIDEND Dividend - Rs 2.50 Per Share—
11 Mar 2020DIVIDEND Interim Dividend - Rs 1.25 Per Share—
18 Sep 2019DIVIDEND Annual General Meeting/Dividend - Rs 0.90 Per Share—
26 Jun 2019BONUS Bonus 1:1—
18 Sep 2018DIVIDEND Annual General Meeting/Dividend Rs 1.50 Per Share—
7 Sep 2016DIVIDEND Annual General Meeting/Dividend - Re 0.60/- Per Share—
15 Sep 2015DIVIDEND Annual General Meeting/Dividend Re 0.50 Per Share—
1 Jul 2015BONUSBonus 1:1—
10 Sep 2014DIVIDENDAnnual General Meeting / Dividend - Re 0.50/- Per Share—
22 Nov 2013SPLITFace Value Split From Rs.5/- To Re.1/-5 : 1
11 Sep 2013DIVIDENDAnnual General Meeting And Dividend Rs.2/- Per Share—
7 Sep 2012DIVIDENDAnnual General Meeting/Dividend Rs.1.50 Per Share—
12 Sep 2011DIVIDENDDividend Re 1 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman