Relaxo Footwears
Market Cap
₹167.8b
Last Updated
2020/06/01 12:46 UTC
Data Sources
Company Financials
Executive Summary
Relaxo Footwears Limited manufactures and sells footwear for men, women, and children worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Similar Companies
Share Price & News
How has Relaxo Footwears's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 530517's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
8.3%
530517
8.7%
IN Luxury
6.2%
IN Market
1 Year Return
66.5%
530517
-24.0%
IN Luxury
-19.9%
IN Market
Return vs Industry: 530517 exceeded the Indian Luxury industry which returned -26.3% over the past year.
Return vs Market: 530517 exceeded the Indian Market which returned -20.6% over the past year.
Shareholder returns
| 530517 | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.3% | 8.7% | 6.2% |
| 30 Day | 12.1% | 0.08% | -0.3% |
| 90 Day | 2.1% | -23.1% | -13.4% |
| 1 Year | 67.2%66.5% | -23.4%-24.0% | -18.3%-19.9% |
| 3 Year | 191.8%189.7% | -3.5%-5.7% | -8.2%-13.1% |
| 5 Year | 240.0%236.7% | 41.4%38.4% | 16.4%5.5% |
Price Volatility Vs. Market
How volatile is Relaxo Footwears's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
Did Relaxo Footwears Limited's (BOM:530517) Recent Earnings Growth Beat The Trend?Valuation
Is Relaxo Footwears undervalued compared to its fair value and its price relative to the market?
77.14x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 530517 (₹711.55) is trading above our estimate of fair value (₹26.33)
Significantly Below Fair Value: 530517 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 530517 is poor value based on its PE Ratio (77.1x) compared to the Luxury industry average (7.9x).
PE vs Market: 530517 is poor value based on its PE Ratio (77.1x) compared to the Indian market (10x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 530517's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 530517 is overvalued based on its PB Ratio (14.7x) compared to the IN Luxury industry average (0.4x).
Next Steps
Future Growth
How is Relaxo Footwears forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
16.8%
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Relaxo Footwears has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Check out Relaxo Footwears's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Relaxo Footwears competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Relaxo Footwears performed over the past 5 years?
15.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 530517 has high quality earnings.
Growing Profit Margin: 530517's current net profit margins (9.1%) are higher than last year (7.9%).
Past Earnings Growth Analysis
Earnings Trend: 530517's earnings have grown by 15.1% per year over the past 5 years.
Accelerating Growth: 530517's earnings growth over the past year (31.2%) exceeds its 5-year average (15.1% per year).
Earnings vs Industry: 530517 earnings growth over the past year (31.2%) exceeded the Luxury industry 7.2%.
Return on Equity
High ROE: 530517's Return on Equity (19.1%) is considered low.
Next Steps
Financial Health
How is Relaxo Footwears's financial position?
Financial Position Analysis
Short Term Liabilities: 530517's short term assets (₹7.5B) exceed its short term liabilities (₹4.4B).
Long Term Liabilities: 530517's short term assets (₹7.5B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: 530517's debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: 530517's debt to equity ratio has reduced from 43.6% to 6% over the past 5 years.
Debt Coverage: 530517's debt is well covered by operating cash flow (233.1%).
Interest Coverage: 530517's interest payments on its debt are well covered by EBIT (23.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Relaxo Footwears's current dividend yield, its reliability and sustainability?
0.18%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 530517's dividend (0.18%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.84%).
High Dividend: 530517's dividend (0.18%) is low compared to the top 25% of dividend payers in the Indian market (3.55%).
Stability and Growth of Payments
Stable Dividend: 530517 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: 530517 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 530517 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 530517's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.2yrs
Average management tenure
CEO
Ramesh Dua (65yo)
6.17yrs
Tenure
₹137,230,000
Compensation
Mr. Ramesh Kumar Dua serves as the Managing Director of Relaxo Footwears Limited since April 1, 2014 and serves as its Director. Mr. Dua serves as Director of Relaxo Rubber Private Limited, Marvel Polymers ...
CEO Compensation Analysis
Compensation vs Market: Ramesh's total compensation ($USD1.81M) is above average for companies of similar size in the Indian market ($USD647.38K).
Compensation vs Earnings: Ramesh's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 6.17yrs | ₹137.23m | 27.96% ₹46.9b | |
| Chief Financial Officer | 12.92yrs | no data | 0.027% ₹44.9m | |
| Vice President of Sales | no data | no data | 0.0015% ₹2.6m | |
| Whole Time Director | 23.33yrs | ₹10.10m | 3.76% ₹6.3b | |
| Whole-Time Director | 7.58yrs | ₹11.48m | 0.0018% ₹3.1m | |
| Senior Vice President of Material | no data | no data | 0.020% ₹32.8m | |
| Company Secretary & Compliance Officer | 5.08yrs | no data | 0.00036% ₹604.1k | |
| Executive Vice President of Finance | no data | ₹7.11m | 3.76% ₹6.3b |
6.2yrs
Average Tenure
57yo
Average Age
Experienced Management: 530517's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 6.17yrs | ₹137.23m | 27.96% ₹46.9b | |
| Whole Time Director | 23.33yrs | ₹10.10m | 3.76% ₹6.3b | |
| Whole-Time Director | 7.58yrs | ₹11.48m | 0.0018% ₹3.1m | |
| Independent Non-Executive Director | 10.08yrs | ₹960.00k | 0.0065% ₹10.9m | |
| Executive Chairman | no data | ₹137.23m | 20.39% ₹34.2b | |
| Independent Non-Executive Director | 13.42yrs | ₹700.00k | no data | |
| Independent Non-Executive Director | 6.42yrs | ₹600.00k | no data | |
| Independent Non-Executive Director | 0.83yr | no data | no data |
8.8yrs
Average Tenure
59.5yo
Average Age
Experienced Board: 530517's board of directors are considered experienced (8.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Relaxo Footwears Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Relaxo Footwears Limited
- Ticker: 530517
- Exchange: BSE
- Founded: 1976
- Industry: Footwear
- Sector: Consumer Durables
- Market Cap: ₹167.802b
- Shares outstanding: 248.25m
- Website: https://www.relaxofootwear.com
Number of Employees
Location
- Relaxo Footwears Limited
- Aggarwal City Square
- Plot No. 10
- New Delhi
- Delhi
- 110085
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 530517 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Aug 1998 |
| RELAXO | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Aug 1998 |
Biography
Relaxo Footwears Limited manufactures and sells footwear for men, women, and children worldwide. It offers footwear, which includes slippers, canvas shoes, rubber flip flops, EVA injected flip flops, PVC DIP shoes, sport shoes, sandals, and PVC DIP casuals. The company operates a portfolio of brands, such as Relaxo, Bahamas, Flite, Sparx, and Schoolmate. It sells its products through distributors and retail stores. The company also exports its products. Relaxo Footwears Limited was founded in 1976 and is headquartered in New Delhi, India.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/01 12:46 |
| End of Day Share Price | 2020/06/01 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.