Relaxo Footwears Ltd

Relaxo Footwears will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live

On a standalone basis, Relaxo Footwears's net profit declined 13.02% to Rs 48.90 crore in Q1 FY26 as against Rs 56.22 crore in Q1 FY25. Revenue from operations shed 5.84% to Rs 654.49 crore in Q1 FY26 over Q1 FY25. PBT tanked 12.53% to Rs 65.91 crore in Q1 FY26 over Q1 FY25. On a year-on-year basis, the company's consolidated net profit rose 10.20% while total income fell 12.52% in Q1 FY26. PBT rose 9.24% YoY. EBITDA for Q1 FY26 stood at Rs 99 crore, remaining consistent with the same quarter in the previous year. The EBITDA margin improved significantly to 15.2% in Q1 FY26, up 198 basis points from 13.2% in Q1 FY25, driven by a continued focus on operational efficiencies. Ramesh Kumar Dua, Chairman and Managing Director said: 'As we reflect on Q1 FY26, it was a quarter that came with its share of challenges. Consumer demand remained muted, particularly in the mass and mid-market segments, while regional competition in general trade intensified from smaller players who have gained ground since the GST increase from 5% to 12% in 2022. Even as these pressures strained our ecosystem, we consciously avoided short term tactics such as deep discounting while staying steadfast in our commitment to protect overall profitability. At the same time, we remained focused on our sales transformation journey and the expansion of our distribution network, steps that will place the business on a stronger footing in the future. Encouragingly, we were able to improve operating margins during the quarter through enhanced operational efficiencies, disciplined cost management and streamlined backend processes. These productivity measures will help build a strong foundation for improved financial performance ahead. While it will take some time for the topline to stabilize and improve, our long-term priority remains sustainable, profitable growth. The groundwork we are laying today gives us confidence in delivering stronger results in the quarters to come.' Relaxo Footwears is engaged in production of Hawaii slippers, light weight slippers, canvas shoes, PVC footwear etc. Powered by Capital Market - Live

Net profit of Relaxo Footwears rose 10.21% to Rs 48.90 crore in the quarter ended June 2025 as against Rs 44.37 crore during the previous quarter ended June 2024. Sales declined 12.52% to Rs 654.49 crore in the quarter ended June 2025 as against Rs 748.19 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales654.49748.19 -13 OPM %15.2013.22 - PBDT105.5699.44 6 PBT65.9160.33 9 NP48.9044.37 10 Powered by Capital Market - Live

Relaxo Footwears will hold a meeting of the Board of Directors of the Company on 30 July 2025.Powered by Capital Market - Live

Relaxo Footwears announced that the 41th Annual General Meeting(AGM) of the company will be held on 28 August 2025.Powered by Capital Market - Live

Relaxo Footwears has cancelled the final dividend of Rs.3 per share of face value of Rs.10 each for the FY 2024-25 which was declared by the Board on 9th April 2025.Powered by Capital Market - Live

Net profit of Relaxo Footwears declined 8.42% to Rs 56.22 crore in the quarter ended March 2025 as against Rs 61.39 crore during the previous quarter ended March 2024. Sales declined 6.97% to Rs 695.15 crore in the quarter ended March 2025 as against Rs 747.21 crore during the previous quarter ended March 2024. For the full year,net profit declined 15.03% to Rs 170.33 crore in the year ended March 2025 as against Rs 200.47 crore during the previous year ended March 2024. Sales declined 4.27% to Rs 2789.61 crore in the year ended March 2025 as against Rs 2914.06 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales695.15747.21 -7 2789.612914.06 -4 OPM %16.1216.11 -13.6913.95 - PBDT114.73120.75 -5 388.30416.76 -7 PBT75.3682.29 -8 229.87269.27 -15 NP56.2261.39 -8 170.33200.47 -15 Powered by Capital Market - Live

Relaxo Footwears announced that the Board of Directors of the Company at its meeting held on 09 May 2025, has recommended a Final Dividend of Rs.3 per share (i.e.300%), subject to the approval of the shareholders.Powered by Capital Market - Live

Relaxo Footwears will hold a meeting of the Board of Directors of the Company on 9 May 2025.Powered by Capital Market - Live

Profit before tax (PBT) was at Rs 44.61 crore in the third quarter of FY25, down 12.24% as against Rs 50.83 crore in Q3 FY24. Total expenses fell 5.81% YoY to Rs 629.09 crore in the quarter ended 31st December 2024. Cost of material consumed, including packing material was at Rs 227.08 crore (down 13.73% YoY) and employee benefits expenses stood at Rs 96 crore (down 0.04% YoY) during the quarter. EBITDA declined by 4% to Rs 83 crore in Q3 FY25, compared to Rs 87 crore in Q3 FY24. However, the company maintained its EBITDA margin at 12.5% for the quarter, up from 12.2% in Q3 FY24. On a 9-month basis, the company's net profit declined by 17.95% to Rs 114.11 crore, while revenue from operations dropped by 3.34% to Rs 2,094.46 crore in 9M FY24 compared to 9M FY23. Ramesh Kumar Dua, chairman and MD said, 'Given the overall weak consumer demand, particularly in the mass and value segments, the Company's continued focus has been to revamp the distribution system. The introduction of the 'Relaxo Parivaar' app has not only helped us to increasingly streamline our network of distributors and retailers but is also setting the stage for the future expansion of this network. We believe this effort, while exhibiting short term pain over the last few quarters in terms of decline in volumes, is slowly getting accepted by all business partners. We expect our distribution system to stabilise over the next 2-3 quarters and are hopeful that the results will begin to show post that. Furthermore, we continue to improve our online presence through the 'Brand as a Seller' model and are regularly launching exclusive offerings which shall contribute to the growth of this important channel. On the cost front, our focus remains on cost optimization efforts targeting operational efficiencies and involves the Company's manufacturing facilities as well as the vendors. We are confident that the curated investments that we have undertaken in this depressed market scenario will set the stage for growth and profitability in the medium to longer term.' Relaxo Footwears is engaged in production of Hawaii slippers, light weight slippers, canvas shoes, PVC footwear etc. Shares of Relaxo Footwears declined 0.71% to Rs 545.85 on the BSE.Powered by Capital Market - Live