Relaxo Footwears Management
Management criteria checks 0/4
Relaxo Footwears' CEO is Ramesh Dua, appointed in Apr 2014, has a tenure of 10.75 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 ₹42.18B. The average tenure of the management team and the board of directors is 1.9 years and 2.5 years respectively.
Key information
Ramesh Dua
Chief executive officer
₹127.2m
Total compensation
| CEO salary percentage | 14.1% |
| CEO tenure | 10.8yrs |
| CEO ownership | 28.1% |
| Management average tenure | 1.9yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
Relaxo Footwears Limited's (NSE:RELAXO) Price Is Out Of Tune With Revenues
Jan 10
The Returns On Capital At Relaxo Footwears (NSE:RELAXO) Don't Inspire Confidence
Oct 18Pinning Down Relaxo Footwears Limited's (NSE:RELAXO) P/S Is Difficult Right Now
Sep 19We Think Shareholders May Want To Consider A Review Of Relaxo Footwears Limited's (NSE:RELAXO) CEO Compensation Package
Aug 23Relaxo Footwears (NSE:RELAXO) Will Pay A Larger Dividend Than Last Year At ₹3.00
Aug 03Relaxo Footwears (NSE:RELAXO) Seems To Use Debt Quite Sensibly
Jun 01Relaxo Footwears (NSE:RELAXO) Will Want To Turn Around Its Return Trends
Apr 26There's Reason For Concern Over Relaxo Footwears Limited's (NSE:RELAXO) Price
Mar 14Relaxo Footwears (NSE:RELAXO) Might Be Having Difficulty Using Its Capital Effectively
Dec 01Is Relaxo Footwears (NSE:RELAXO) A Risky Investment?
Nov 09Relaxo Footwears (NSE:RELAXO) Is Paying Out A Dividend Of ₹2.50
Aug 10Relaxo Footwears (NSE:RELAXO) Will Pay A Dividend Of ₹2.50
Jul 27Relaxo Footwears (NSE:RELAXO) Will Want To Turn Around Its Return Trends
Jun 29These 4 Measures Indicate That Relaxo Footwears (NSE:RELAXO) Is Using Debt Reasonably Well
Mar 20Some Investors May Be Worried About Relaxo Footwears' (NSE:RELAXO) Returns On Capital
Dec 27Is Relaxo Footwears (NSE:RELAXO) Using Too Much Debt?
Nov 30Relaxo Footwears (NSE:RELAXO) Is Reinvesting At Lower Rates Of Return
Sep 02Relaxo Footwears (NSE:RELAXO) Will Pay A Dividend Of ₹2.50
Aug 06Relaxo Footwears' (NSE:RELAXO) Dividend Will Be ₹2.50
Jul 23Does Relaxo Footwears (NSE:RELAXO) Have A Healthy Balance Sheet?
Jul 12Here's Why I Think Relaxo Footwears (NSE:RELAXO) Might Deserve Your Attention Today
May 12Here's Why Relaxo Footwears (NSE:RELAXO) Can Manage Its Debt Responsibly
Mar 06Do Relaxo Footwears's (NSE:RELAXO) Earnings Warrant Your Attention?
Jan 30Relaxo Footwears' (NSE:RELAXO) Returns On Capital Not Reflecting Well On The Business
Dec 16Here's Why I Think Relaxo Footwears (NSE:RELAXO) Might Deserve Your Attention Today
Oct 14Relaxo Footwears (NSE:RELAXO) Might Be Having Difficulty Using Its Capital Effectively
Sep 06We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Relaxo Footwears Limited's (NSE:RELAXO) CEO For Now
Aug 19Here's Why We Think Relaxo Footwears (NSE:RELAXO) Is Well Worth Watching
Jul 08The Returns On Capital At Relaxo Footwears (NSE:RELAXO) Don't Inspire Confidence
May 11Is Relaxo Footwears (NSE:RELAXO) Using Too Much Debt?
Mar 08Is Relaxo Footwears Limited's (NSE:RELAXO) Latest Stock Performance A Reflection Of Its Financial Health?
Feb 18Should You Be Adding Relaxo Footwears (NSE:RELAXO) To Your Watchlist Today?
Feb 03Introducing Relaxo Footwears (NSE:RELAXO), The Stock That Zoomed 266% In The Last Five Years
Jan 19
What Do The Returns On Capital At Relaxo Footwears (NSE:RELAXO) Tell Us?
Jan 06Trade Alert: The Whole-Time Director Of Relaxo Footwears Limited (NSE:RELAXO), Deval Ganguly, Has Sold Some Shares Recently
Dec 24A Look At The Intrinsic Value Of Relaxo Footwears Limited (NSE:RELAXO)
Dec 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹2b |
| Jun 30 2024 | n/a | n/a | ₹2b |
| Mar 31 2024 | ₹127m | ₹18m | ₹2b |
| Dec 31 2023 | n/a | n/a | ₹2b |
| Sep 30 2023 | n/a | n/a | ₹2b |
| Jun 30 2023 | n/a | n/a | ₹2b |
| Mar 31 2023 | ₹97m | ₹18m | ₹2b |
| Dec 31 2022 | n/a | n/a | ₹2b |
| Sep 30 2022 | n/a | n/a | ₹2b |
| Jun 30 2022 | n/a | n/a | ₹2b |
| Mar 31 2022 | ₹142m | ₹18m | ₹2b |
| Dec 31 2021 | n/a | n/a | ₹3b |
| Sep 30 2021 | n/a | n/a | ₹3b |
| Jun 30 2021 | n/a | n/a | ₹3b |
| Mar 31 2021 | ₹204m | ₹18m | ₹3b |
| Dec 31 2020 | n/a | n/a | ₹2b |
| Sep 30 2020 | n/a | n/a | ₹2b |
| Jun 30 2020 | n/a | n/a | ₹2b |
| Mar 31 2020 | ₹149m | ₹18m | ₹2b |
| Dec 31 2019 | n/a | n/a | ₹2b |
| Sep 30 2019 | n/a | n/a | ₹2b |
| Jun 30 2019 | n/a | n/a | ₹2b |
| Mar 31 2019 | ₹137m | ₹12m | ₹2b |
| Dec 31 2018 | n/a | n/a | ₹2b |
| Sep 30 2018 | n/a | n/a | ₹2b |
| Jun 30 2018 | n/a | n/a | ₹2b |
| Mar 31 2018 | ₹121m | ₹13m | ₹2b |
Compensation vs Market: Ramesh's total compensation ($USD1.48M) is above average for companies of similar size in the Indian market ($USD487.76K).
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)
10.8yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Chairman | 10.8yrs | ₹127.24m | 28.13% ₹ 42.2b | |
| Executive Director & CFO | 17.5yrs | ₹16.47m | no data | |
| Whole Time Director | no data | ₹127.24m | 20.57% ₹ 30.9b | |
| Whole Time Director | no data | ₹13.90m | 3.71% ₹ 5.6b | |
| Executive Vice President of Retail | no data | ₹13.90m | 3.75% ₹ 5.6b | |
| Executive Vice President of Finance | no data | ₹13.90m | 3.75% ₹ 5.6b | |
| Whole Time Director & Executive VP of Marketing | no data | ₹13.90m | 3.75% ₹ 5.6b | |
| Senior Vice President of Material | no data | ₹14.74m | no data | |
| Company Secretary & Compliance Officer | 1.9yrs | no data | no data | |
| VP & Head of Marketing | 1.4yrs | no data | no data | |
| Vice President of Sales | less than a year | no data | no data | |
| Senior Vice President of Manufacturing | no data | ₹23.45m | no data |
1.9yrs
Average Tenure
60yo
Average Age
Experienced Management: RELAXO's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Chairman | 40.3yrs | ₹127.24m | 28.13% ₹ 42.2b | |
| Executive Director & CFO | less than a year | ₹16.47m | no data | |
| Whole Time Director | 40.3yrs | ₹127.24m | 20.57% ₹ 30.9b | |
| Whole Time Director | 27.9yrs | ₹13.90m | 3.71% ₹ 5.6b | |
| Whole Time Director & Executive VP of Marketing | 2.5yrs | ₹13.90m | 3.75% ₹ 5.6b | |
| Independent Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 2.5yrs | ₹450.00k | 0.0042% ₹ 6.3m | |
| Non-Executive Independent Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 5.4yrs | ₹600.00k | no data | |
| Non-Executive Independent Director | less than a year | no data | no data |
2.5yrs
Average Tenure
64.5yo
Average Age
Experienced Board: RELAXO's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 02:06 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 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.
| Analyst | Institution |
|---|---|
| Videesha Sheth | Ambit Capital |
| Nitin Bhasin | Ambit Capital |
| null null | Anand Rathi Shares and Stock Brokers Limited |