Relaxo Footwears Limited

BSE:530517 Stock Report

Market Cap: ₹156.2b

Relaxo Footwears Management

Management criteria checks 0/4

Relaxo Footwears' CEO is Ramesh Dua, appointed in Apr 2014, has a tenure of 10.67 years. total yearly compensation is ₹127.24M, comprised of 14.1% salary and 85.9% bonuses, including company stock and options. directly owns 28.13% of the company’s shares, worth ₹43.94B. The average tenure of the management team and the board of directors is 1.8 years and 2.4 years respectively.

Key information

Ramesh Dua

Chief executive officer

₹127.2m

Total compensation

CEO salary percentage14.1%
CEO tenure10.7yrs
CEO ownership28.1%
Management average tenure1.8yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ramesh Dua's remuneration changed compared to Relaxo Footwears's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹2b

Jun 30 2024n/an/a

₹2b

Mar 31 2024₹127m₹18m

₹2b

Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹97m₹18m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹142m₹18m

₹2b

Dec 31 2021n/an/a

₹3b

Sep 30 2021n/an/a

₹3b

Jun 30 2021n/an/a

₹3b

Mar 31 2021₹204m₹18m

₹3b

Dec 31 2020n/an/a

₹2b

Sep 30 2020n/an/a

₹2b

Jun 30 2020n/an/a

₹2b

Mar 31 2020₹149m₹18m

₹2b

Dec 31 2019n/an/a

₹2b

Sep 30 2019n/an/a

₹2b

Jun 30 2019n/an/a

₹2b

Mar 31 2019₹137m₹12m

₹2b

Dec 31 2018n/an/a

₹2b

Sep 30 2018n/an/a

₹2b

Jun 30 2018n/an/a

₹2b

Mar 31 2018₹121m₹13m

₹2b

Compensation vs Market: Ramesh's total compensation ($USD1.50M) is above average for companies of similar size in the Indian market ($USD475.66K).

Compensation vs Earnings: Ramesh's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Ramesh Dua (70 yo)

10.7yrs

Tenure

₹127,237,000

Compensation

Mr. Ramesh Kumar Dua serves as the Managing Director of Relaxo Footwears Limited since April 1, 2014 and has been its Chairman since April 1, 2024 and serves as its Director since September 13, 1984. Mr. D...

Leadership Team

NamePositionTenureCompensationOwnership
Ramesh Dua
MD & Chairman10.7yrs₹127.24m28.13%
₹ 43.9b
Sushil Batra
Executive Director & CFO17.4yrs₹16.47mno data
Mukand Dua
Whole Time Directorno data₹127.24m20.57%
₹ 32.1b
Nikhil Dua
Whole Time Directorno data₹13.90m3.71%
₹ 5.8b
Nitin Dua
Executive Vice President of Retailno data₹13.90m3.75%
₹ 5.9b
Ritesh Dua
Executive Vice President of Financeno data₹13.90m3.75%
₹ 5.9b
Gaurav Dua
Whole Time Director & Executive VP of Marketingno data₹13.90m3.75%
₹ 5.9b
Hans Sapra
Senior Vice President of Materialno data₹14.74mno data
Ankit Jain
Company Secretary & Compliance Officer1.8yrsno datano data
Sachin Chhabra
VP & Head of Marketing1.3yrsno datano data
Surender Bansal
Vice President of Salesless than a yearno datano data
Virender Kumar
Senior Vice President of Manufacturingno data₹23.45mno data

1.8yrs

Average Tenure

60yo

Average Age

Experienced Management: 530517's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Ramesh Dua
MD & Chairman40.3yrs₹127.24m28.13%
₹ 43.9b
Sushil Batra
Executive Director & CFOless than a year₹16.47mno data
Mukand Dua
Whole Time Director40.3yrs₹127.24m20.57%
₹ 32.1b
Nikhil Dua
Whole Time Director27.8yrs₹13.90m3.71%
₹ 5.8b
Gaurav Dua
Whole Time Director & Executive VP of Marketing2.4yrs₹13.90m3.75%
₹ 5.9b
Raj Jain
Independent Directorless than a yearno datano data
Kuldip Dhingra
Independent Non-Executive Director2.4yrs₹450.00k0.0042%
₹ 6.6m
Richa Arora
Non-Executive Independent Directorless than a yearno datano data
Rajeev Bhadauria
Independent Non-Executive Director5.3yrs₹600.00kno data
Yogesh Kapur
Non-Executive Independent Directorless than a yearno datano data

2.4yrs

Average Tenure

64.5yo

Average Age

Experienced Board: 530517's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 19:00
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Relaxo Footwears Limited is covered by 26 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Videesha ShethAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited
Aniruddha JoshiAnand Rathi Shares and Stock Brokers Limited