Relaxo Footwears Limited

BSE:530517 Stock Report

Market Cap: ₹102.8b

Relaxo Footwears Valuation

Is 530517 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 530517 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹167.38
Fair Value
141.7% overvalued intrinsic discount
14
Number of Analysts

Below Fair Value: 530517 (₹404.55) is trading above our estimate of fair value (₹167.38)

Significantly Below Fair Value: 530517 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 530517?

Key metric: As 530517 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 530517. This is calculated by dividing 530517's market cap by their current earnings.
What is 530517's PE Ratio?
PE Ratio57.4x
Earnings₹1.76b
Market Cap₹102.81b

Price to Earnings Ratio vs Peers

How does 530517's PE Ratio compare to its peers?

The above table shows the PE ratio for 530517 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average55.6x
CAMPUS Campus Activewear
62.6x24.1%₹74.4b
500043 Bata India
44.5x8.3%₹155.0b
LIBERTSHOE Liberty Shoes
55.5xn/a₹7.1b
532829 Lehar Footwears
59.8xn/a₹4.3b
530517 Relaxo Footwears
57.4x23.0%₹102.8b

Price-To-Earnings vs Peers: 530517 is expensive based on its Price-To-Earnings Ratio (57.4x) compared to the peer average (55.6x).

Price to Earnings Ratio vs Industry

How does 530517's PE Ratio compare vs other companies in the IN Luxury Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
INDIANCARD Indian Card Clothing
2.3xn/aUS$21.98m
521034 Soma Textiles & Industries
1.6xn/aUS$16.83m
503837 Shree Rajasthan Syntex
0.3xn/aUS$4.79m
KTL Kalahridhaan Trendz
3.4xn/aUS$1.68m
530517 57.4xIndustry Avg. 23.5xNo. of Companies33PE01632486480+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 530517 is expensive based on its Price-To-Earnings Ratio (57.4x) compared to the Indian Luxury industry average (23.5x).

Price to Earnings Ratio vs Fair Ratio

What is 530517's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

530517 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio57.4x
Fair PE Ratio40.7x

Price-To-Earnings vs Fair Ratio: 530517 is expensive based on its Price-To-Earnings Ratio (57.4x) compared to the estimated Fair Price-To-Earnings Ratio (40.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 530517 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹404.55
₹567.57
+40.3%
22.7%₹770.00₹370.00n/a14
Apr ’26₹414.80
₹591.43
+42.6%
18.6%₹770.00₹425.00n/a14
Mar ’26₹427.20
₹615.20
+44.0%
22.5%₹948.00₹425.00n/a15
Feb ’26₹556.35
₹645.13
+16.0%
22.6%₹948.00₹425.00n/a15
Jan ’26₹625.00
₹718.20
+14.9%
14.7%₹948.00₹528.00n/a15
Dec ’25₹669.65
₹718.20
+7.3%
14.7%₹948.00₹528.00n/a15
Nov ’25₹781.40
₹785.43
+0.5%
12.9%₹948.00₹585.00n/a14
Oct ’25₹811.80
₹781.14
-3.8%
12.8%₹948.00₹585.00n/a14
Sep ’25₹797.35
₹783.50
-1.7%
13.2%₹950.00₹585.00n/a14
Aug ’25₹847.90
₹792.50
-6.5%
13.0%₹950.00₹585.00n/a14
Jul ’25₹832.90
₹811.14
-2.6%
11.8%₹950.00₹605.00n/a14
Jun ’25₹789.60
₹811.14
+2.7%
11.8%₹950.00₹605.00n/a14
May ’25₹834.25
₹853.43
+2.3%
11.4%₹993.00₹617.00₹410.0514
Apr ’25₹823.95
₹852.86
+3.5%
11.8%₹993.00₹599.00₹414.8014
Mar ’25₹837.25
₹852.42
+1.8%
12.0%₹993.00₹599.00₹427.2012
Feb ’25₹846.55
₹886.18
+4.7%
13.6%₹1,080.00₹599.00₹556.3511
Jan ’25₹901.15
₹897.80
-0.4%
13.2%₹1,080.00₹633.00₹625.0010
Dec ’24₹914.70
₹907.42
-0.8%
12.2%₹1,080.00₹633.00₹669.6512
Nov ’24₹938.95
₹921.42
-1.9%
12.3%₹1,080.00₹636.00₹781.4012
Oct ’24₹900.75
₹916.00
+1.7%
11.5%₹1,040.00₹636.00₹811.8012
Sep ’24₹923.55
₹911.83
-1.3%
12.0%₹1,040.00₹636.00₹797.3512
Aug ’24₹930.45
₹898.42
-3.4%
11.7%₹1,040.00₹636.00₹847.9012
Jul ’24₹909.00
₹870.45
-4.2%
11.6%₹1,000.00₹637.00₹832.9011
Jun ’24₹899.75
₹870.45
-3.3%
11.6%₹1,000.00₹637.00₹789.6011
May ’24₹843.35
₹842.18
-0.1%
11.9%₹1,015.00₹618.00₹834.2511
AnalystConsensusTarget
Consensus Narrative from 14 Analysts
₹567.57
Fair Value
28.7% undervalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/06 13:55
End of Day Share Price 2025/05/06 00:00
Earnings2024/12/31
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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Relaxo Footwears Limited is covered by 28 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Videesha ShethAmbit Capital
Aniruddha JoshiAnand Rathi Shares and Stock Brokers Limited