Company Overview

Relaxo Footwears Limited (Scrip Code: 530517, Symbol: RELAXO) submitted an investor presentation on its audited financial results for the quarter and financial year ended March 31, 2026, pursuant to Regulation 30 of SEBI Listing Regulations. The document was signed by Ankit Jain, Company Secretary & Compliance Officer, on May 28, 2026.

Financial Performance - Q4 FY26

Revenue from operations stood at ₹751.10 crore, showing 8.05% year-on-year growth from Q4FY25's ₹695.15 crore and 12.44% quarter-on-quarter growth from Q3FY26's ₹668.03 crore. EBITDA reached ₹123.98 crore with a margin of 16.51%, representing 10.65% YoY growth and 78.67% QoQ growth. Profit Before Tax (PBT) was ₹90.78 crore (12.09% margin), up 20.46% YoY, while Profit After Tax (PAT) was ₹67.67 crore (9.01% margin), increasing 20.37% YoY. Basic EPS for the quarter was ₹2.72.

Financial Performance - Full Year FY26

Annual revenue from operations was ₹2,702.16 crore, declining 3.13% from FY25's ₹2,789.61 crore. EBITDA stood at ₹373.98 crore (13.84% margin), down 2.10% YoY. PBT reached ₹241.46 crore (8.94% margin), growing 5.04% YoY, while PAT was ₹179.27 crore (6.63% margin), increasing 5.25% YoY. Basic EPS for the year was ₹7.20.

Operational Metrics

The company sold footwear pairs totaling an undisclosed number of crore units. Average realization per pair showed improvement though specific figures were not quantified in the presentation.

Balance Sheet Position (as of March 31, 2026)

Total equity stood at ₹2,206.36 crore, comprising equity share capital of ₹24.89 crore and other equity of ₹2,181.47 crore. Non-current assets totaled ₹1,755.42 crore, including property, plant and equipment of ₹966.37 crore, right-of-use assets of ₹390.00 crore, and investments of ₹247.40 crore. Current assets were ₹1,193.52 crore, including inventories of ₹556.72 crore, trade receivables of ₹298.89 crore, and investments of ₹188.42 crore. Total assets stood at ₹2,948.94 crore.

Management and Governance

The presentation highlighted the distinguished board of directors including Chairman & Managing Director Ramesh Kumar Dua (48 years experience), Whole Time Director Mukand Lal Dua (51 years experience), Whole Time Director Nikhil Dua (28 years experience), Co-CEO & Whole Time Director Gaurav Kumaar Dua (23 years experience), and Executive Director Sushil Batra (33 years experience). The management team includes Co-CEO Ritesh Dua, CFO Amit Roy, and other experienced professionals across manufacturing, sales, marketing, and supply chain functions.

Manufacturing and Quality Capabilities

The company emphasized strong in-house manufacturing capabilities with focus on operational optimization through dedicated lines for fast-moving SKUs, lean manufacturing, Maynard Operation Sequence Technique, yield improvement, and cost optimization. The company maintains ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and ISO 27001:2022 certifications, and holds membership with SATRA and SEDEX. Intellectual property includes 87 trademarks, 13 copyrights, and 1,356 designs.

Industry Overview and Growth Drivers

The presentation noted that India's organized footwear market is expected to grow at 13% CAGR from ₹674 billion in 2025 to ₹1,995 billion by 2034. Key growth drivers include digital transformation, millennial consumer choices, women's footwear segment growth, sports and athleisure category expansion (expected ~10% CAGR), supportive policy reforms, rapid urbanization, and improved access to capital.

Corporate Social Responsibility

The company engages in various CSR initiatives including education projects (Parivartan - Model School Project impacting 14,000 students across 128 government schools), skill development programs, healthcare initiatives (Nayan - Avoidable Blindness Project serving 2.7 lakh residents), mobile health units, water conservation projects (18 anicut/checkdams with 4.9 lakh cubic meter capacity), and plantation drives (55,000+ saplings).

Shareholding Information (as of March 31, 2026)

Market capitalization stood at ₹5,922.25 crore with free-float of 28.7%. Shares outstanding were 24.89 crore with 3-month average daily trading volume of 118,083 shares. Enterprise value was ₹5,905 crore. The 52-week high was ₹526.00 and low was ₹236.50.

Awards and Recognition

The company received numerous awards including Northern Region Export Excellence Award 2025, BW Retail World - Retail Reboot Awards 2024, Dun & Bradstreet - India's 500 Value Creators 2023, Rotary India National CSR Award 2025, 1st Place for Excellent Export Performance (2023-2024), India's Retail Champions Awards 2025, and Best Supply Chain Reach Strategy ISCM Supply Chain Ranking 2024.

#Tags: #RelaxoFootwears #FY2026Results #EarningsRelease #SEBIDisclosure #FinancialUpdate #Neutral