fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Search » Relaxo Footwears Ltd

Relaxo Footwears Ltd

Updated on October 13, 2019

Stock/Share Code - RELAXO

Relaxo Footwears is a market leader in the Footwear Industry. The company has 'state of the art' manufacturing facilities at Bahadurgarh (Haryana), Bhiwadi (Rajasthan) and Haridwar (Uttarakhand).

Below is the details of RELAXO Relaxo Footwears Ltd

Market Cap₹11,384 Cr.
Current Price ₹528.45 as on 18 Oct 19
52 Week High / Low Price₹499 / ₹332.15
Face Value₹1
Stock P/E63.51
Book Value₹44.54
Dividend Yield0.16 %
ROCE29.63 %
ROE23.51 %
Sales Growth (3yrs)10.74 %
SectorLeather
IndustryLeather / Leather Products
Listed onBSE  AND  NSE
Company WebsiteCompany Website
Pros: Company has reduced debt. Company is virtually debt free. Company has a good return on equity (ROE) track record: 3 Years ROE 24.15%
Cons: Stock is trading at 10.30 times its book value Company might be capitalizing the interest cost

Relaxo Footwears Ltd Price Chart

Relaxo Footwears Ltd Price Chart

Relaxo Footwears Ltd Peer Comparison in Leather

S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Qtr Sales Var % Sales Qtr Rs.Cr. ROCE %
1. Bata India ₹1,769.1 60.00 ₹19,817.02 Cr. 0.41 ₹100.97 Cr. 22.52 10.62 882.76 30.72
2. Relaxo Footwear 63.51 ₹11,384.15 Cr. 0.16 ₹49.75 Cr. 8.27 15.36 648.30 29.63
3. Mirza Internatio ₹54.6 15.91 ₹640.63 Cr. 1.69 ₹9.54 Cr. -47.21 17.64 308.03 12.03
4. Sreeleathers ₹175.45 15.36 ₹426.34 Cr. 0.00 ₹7.3 Cr. 38.78 11.51 43.00 12.77
5. Khadim India ₹242.8 19.42 ₹332.35 Cr. 0.54 ₹3.35 Cr. -54.79 13.94 216.07 12.76
6. Bhartiya Intl. ₹118.65 14.80 ₹247 Cr. 0.59 ₹3.72 Cr. 1.36 18.60 170.41 7.88
7. Liberty Shoes ₹113.75 20.39 ₹142.71 Cr. 0.00 ₹2.36 Cr. 4.93 15.07 168.19 9.40

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Relaxo Footwears Ltd Fundamentals

Quarterly Results

Quarterly reports are issued by companies every three months. Most companies have a financial year-end of Mar. 31 and quarters that end on June 30, Sept. 30, Dec. 31 and March 31.

Standalone Figures in Rs. Crores

Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019
Sales390366470483460457550562543551636648
YOY Sales Growth %0.98%-5.56%-3.08%19.19%17.88%24.83%17.17%16.36%18.11%20.61%15.51%15.36%
Expenses338315412412398385453479470479540542
Material Cost %45.01%43.64%47.57%45.76%45.02%43.19%46.8%46.36%46.77%47.2%46.81%45.9%
Employee Cost %11.11%10.82%10.22%10.04%11.35%12.74%10.03%11.54%11.42%11.76%10.53%11.17%
Operating Profit5251577162729883747395106
OPM %13%14%12%15%13%16%18%15%14%13%15%16%
Other Income326112126311
Interest443222221225
Depreciation131313131414141416171627
Profit before tax393647564858826963577976
Tax %31%32%33%33%33%34%35%34%37%37%31%35%
Net Profit272432373238534639365450
EPS in Rs1.131.011.321.551.341.582.231.911.641.442.202.01
NotesNotesNotesNotesNotesNotesNotesNotesNotesNotesNotesNotes

Profit & Loss

The profit and loss (P&L) statement is a financial statement that summarizes the revenues, costs and expenses incurred during a specified period, usually a fiscal quarter or year. The P&L statement is synonymous with the income statement. These records provide information about a company's ability or inability to generate profit" by increasing revenue, reducing costs or both. Some refer to the P&L statement as a statement of profit and loss, income statement, statement of operations, statement of financial results or income, earnings statement or expense statement.

Standalone Figures in Rs. Crores

Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018TTM
Sales2363064075546768459811,1801,4411,6681,6311,9572,378
Sales Growth %17.46%29.56%33.3%35.89%22.14%24.9%16.13%20.23%22.15%15.75%-2.19%19.97%%
Expenses2082673564636047508711,0321,2401,4281,4001,6552,031
Material Cost %55.94%53.62%53.53%52.39%55.54%54.36%47.85%46.73%38.68%42.45%44.5%45.12%%
Manufacturing Cost %13.54%13.66%12.22%5.91%6.42%8.7%10.99%12.15%19.24%13.34%12.93%12.28%%
Employee Cost %6.65%7.89%8.2%10%11.01%9.75%11.34%9.71%9.33%9.64%10.85%10.94%%
Other Cost %12.15%12.13%13.43%15.31%16.34%15.96%18.63%18.88%18.83%20.19%17.56%16.22%%
Operating Profit283951917295110148201240231302348
OPM %12%13%13%16%11%11%11%13%14%14%14%15%15%
Other Income112400120814412
Interest1014192616191823182315910
Depreciation891015212326314047515475
Profit before tax1117245436536896143178178244275
Tax %43%37%41%30%25%25%34%31%28%32%33%34%
Net Profit611143827404566103120120161179
EPS in Rs0.250.430.591.561.101.651.852.744.244.955.006.707.29
Dividend Payout %15%9%6%5%7%5%5%5%6%6%10%11%

Compounded Sales Growth

  • 10 Years:: 20.40%
  • 5 Years:: 14.81%
  • 3 Years:: 10.74%
  • TTM:: 17.21%

Compounded Profit Growth

  • 10 Years:: 30.92%
  • 5 Years:: 29.10%
  • 3 Years:: 15.97%
  • TTM:: 5.64%

Return on Equity

  • 10 Years:: 25.72%
  • 5 Years:: 25.60%
  • 3 Years:: 24.15%
  • Last Year:: 23.51%

Balance Sheet

A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure. It is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders. It is used alongside other important financial statements such as the income statement and statement of cash flows in conducting fundamental analysis or calculating financial ratios.

Standalone Figures in Rs. Crores

Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Share Capital66666666612121212
Equity Capital6666666661212.0112.03
Reserves4555681041291662082713624685947491,093
Borrowings607110814718217522519823923617815387
Other Liabilities32435691127134155191247297307375413
Trade Payables12.3217.8624.7134.9653.9442.0852.7166.04109.79125.6128.26179.29190.93
Total Liabilities1431752393484444815956668541,0141,0911,2901,605
Fixed Assets7690140222268271327366472531541525849
Gross Block110.57133.39194.11285.54352.9378.51457.2525.59667.79771.23592.34630.03
Accumulated Depreciation34.2443.4253.6463.8184.47107.17130.49159.76196.08240.751.32105.17
CWIP172019712124242286213810
Investments0000000000110
Other Assets496580119175189245276380455487627745
Inventories22.3736.8139.8167.16116.59128.5159.44164248.68285.84290.21313.93401.54
Trade receivables15.1615.6319.7320.8623.2422.9635.9668.2282.08108.69123.18192.35196.59
Cash Equivalents3.64.152.731.042.141.052.975.664.492.373.6542.22
Loans n Advances8.218.3817.430.4321.2423.2830.7925.0232.5838.4750.6690.917.6
Other Assets etc000011.3912.7515.4713.1112.1319.2219.4725.45126.87
Total Assets1431752393484444815956668541,0141,0911,2901,605

Cash Flows

Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow.

Standalone Figures in Rs. Crores

Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Cash from Operating Activity21314172447354125107159180154
Profit from operations28.840.3953.4695.1672.8795.82110.83149.35201.67243.93244.99307.54
Working Capital Changes-6.41-2.1-4.76-15.28-20.84-14.18-35.933.12-56.59-30.24-6.13-73.21
Taxes paid-1.85-7.7-7.65-8.02-8.33-8.93-20.89-27.59-37.59-54.26-58.66-80.08
Cash from Investing Activity-26-27-59-85-63-47-82-70-130-130-89-108
Fixed Assets Purchased-27.23-26.81-59.36-92.48-62.66-48.83-83.78-71.1-131.29-134.79-90.33-108.98
Fixed Assets Sold1.370.130.067.670.081.771.040.531.110.360.290.28
Investments purchased000000000-0.500
Investments sold00000000.290.164.420.010.5
Cash from Financing Activity6-3171120-2729-5121-31-89-46
Proceeds from Shares0000000000.550.010.02
Proceeds from Borrowings16.9811.3836.938.5137.9900076.67000
Repayment of Borrowings00000-6.7400-35.64000
Interest Paid-9.52-13.79-19.11-25.55-15.91-18.67-17.7-22.66-16.39-21.63-20.16-14.64
Dividends Paid-1.03-1.05-1.05-1.75-2.09-1.39-1.8-2.39-2.99-5.99-8.67-14.46
Net Cash Flow11-1-21-114-1-21-0

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Ratios

Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
ROCE %20%26%28%36%18%22%22%26%30%30%26%30%
Debtor Days231918141310132121242836
Inventory Turnover12.5410.3310.6410.357.366.896.817.296.986.245.666.48

Announcements & News

Recent Announcements

How to Invest in Mutual Funds SIP Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.
  2. Complete your Registration and KYC Process
  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest! Get Started
  4. Invest in Mutual Funds which invests in Relaxo Footwears Ltd & Get More Returns than Bank Deposit

Disclaimer:
All efforts have been made to ensure the information provided here is accurate as per time to time filling by company to exchanges. However, no guarantees are made regarding correctness of data. Investors are advised to validate/check information with exchanges or companies website before making any investment decisions.