Relaxo Footwears Stock Price Analysis and Quick Research Report. Is Relaxo Footwears an attractive stock to invest in?
India is the world’s second-largest footwear producer, generating nearly 3 billion pairs annually, with over 95% consumed domestically. The footwear market in India was valued at around USD 18.77 billion in 2024 and is projected to grow at a CAGR of about 10.1%, reaching over USD 46 billion by 2033.
Exports contribute around $5.7 billion, supported by strong demand from major markets like the USA, Germany, and UAE. The sector is driven by rising urbanisation, increasing disposable incomes, and a growing preference for stylish, functional, and sustainable footwear, with MSMEs playing a key role in production and employment. Government initiatives and growing e-commerce platforms further boost the industry's momentum.
Let's talk about the key financial ratios and stock performance of Relaxo Footwears over the period of time.
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Operating profit margin: In the case of footwear exporters, the share of EBITDA constitutes not only operating income and also the share of government exporter incentives. OPM for Relaxo Footwears is 13.7987030445116% which is weak which allows the investors to look into the overall return on capital.
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Debtor days: The receivable days are fairly high in the case of footwear companies. The footwear exporters should always take care of the time taken by the buyers to complete their operating cycle. Relaxo Footwears has a debtor day of 40.9307 which is significantly a bad sign towards the cash conversion cycle.
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Capital structure (or) Debt to Equity: The footwear sector is consistently increasing capacity, expanding retail presence and setting up new manufacturing facilities over the years. So it is important to check whether the leverage is highly dependent on debt or equity. Relaxo Footwears has a D/E ratio of 0 which is comfortably placed as compared to its peers.
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Interest coverage ratio: It measures the company’s ability to handle its outstanding debt, a higher ratio is always desirable. Relaxo Footwears has an ICR of 10.7444 which is unattractive to investors when compared with the company's growth.
One can find all the Financial Ratios of Relaxo Footwears in Ticker for free. Also, one can get the intrinsic value of Relaxo Footwears by using Valuation Calculators, which are available with a Finology ONE subscription.
Relaxo Footwears FAQs
Q1. What is Relaxo Footwears share price today?
Ans: The current share price of Relaxo Footwears is Rs 489.35.
Q2. What is the market capitalisation of Relaxo Footwears?
Ans: Relaxo Footwears has a market capitalisation of Rs 12181.80970591 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Relaxo Footwears?
Ans: The PE ratio of Relaxo Footwears is 69.6662965177529 and the P/B ratio of Relaxo Footwears is 5.67439293214268, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Relaxo Footwears share?
Ans: The 52-week high share price of Relaxo Footwears is Rs 843.35, and the 52-week low share price of Relaxo Footwears is Rs 390.35.
Q5. Does Relaxo Footwears pay dividends?
Ans: Currently, Relaxo Footwears pays dividends. Dividend yield of Relaxo Footwears is around 0.6121%.
Q6. What are the face value and book value of Relaxo Footwears shares?
Ans: The face value of Relaxo Footwears shares is Rs 1, while the book value per share of Relaxo Footwears is around Rs 86.2383. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Relaxo Footwears?
Ans: Relaxo Footwears has a total debt of Rs 0 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Relaxo Footwears?
Ans: The ROE of Relaxo Footwears is 8.3234% and ROCE of Relaxo Footwears is 12.3107%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.
Q9. Is Relaxo Footwears a good buy for the long term?
Ans: The Relaxo Footwears long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.
Q10. Is Relaxo Footwears undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Relaxo Footwears appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Relaxo Footwears’s financials?
Ans: You can review Relaxo Footwears’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.