Relaxo footwear Ltd: Q3 FY 2018-19 Numbers

Relaxo Footwear, a household footwear brand in the country, has presented it quarter 3 FY 2018-19 numbers today.

The Company has reported revenue of INR 551.27 Cr for the October to December 2018 quarters as against INR 457.05 Cr same period last year, reporting an increase of 20.61% YoY basis. The company’s revenue from operations for the Q2 FY 2018-19 stood at INR 543.13 Cr, showing a modest 1.50% growth quarter-on-quarter basis.

The Company’s PAT for Q3 FY 2018-19 stood at INR 35.62 CR versus INR 38.18 a period one year ago, showing a dip of 6.71% year-on-year basis. The company reported INR 39.46 Cr as profit after tax for July-September ’18 quarter, showing a dip of 9.73 percent QoQ basis.

The major reason for a dip in profits is the high raw material prices. The cost of material stood for INR 225.10 Cr for Q3 FY 18-19 versus INR 149.93 Cr last year.

Total expenses of the company have also gone up during the quarter to INR 497.35 Cr vs INR 400.81 Cr.

Relaxo Footwear


About Relaxo Footwear

Relaxo FootWear Limited (RFW), a part of Relaxo Group which has major interest in Footwear production in India.

History: In the year 1976, two brothers MukundLal Dua & RameshKumar Dua dreamed to take their father’s footwear business to what Relaxo is today – one of the leading and most popular footwear companies in India.

Products: Relaxo footwear’s range boasts a fine combination of comfort, style, and quality workmanship. It has a wide range of collection of fashionable, colourful, comfortable, and durable footwear for men, women, and children.

Brands: Relaxo is geared to meet the quality and choice expectations of a young India with its sub-brands such as Sparx, Bahamas, Flite, Schoolmate and Relaxo Hawaii.

Units: With the company headquarter in New Delhi and 8 manufacturing units, Relaxo Footwear produces over 6 lacs pairs of footwear, every day.

Stock Price Movement

The stock ended INR 13.60 or 1.85% higher to INR 747.72 when the market closed on Friday! During Q3 FY 2018-19, the share prices of Relaxo footwear has made a low of INR 664 and high of INR 822

Relaxo footwear on Technical Charts

The stock prices of Relaxo is trading marginally above when compared to its 200 EMA (732) and trading neck to neck when compared to its 50 EMA (744)

Average Return

The stock has given -8.45 returns over the last 6 months and 18.19% positive returns over the last 12 months.

Relaxo footwear’s current market cap is more than INR 9100 Cr and trading at a PE ratio of 51


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Vishal Dalwadi

Vishal Dalwadi

Vishal is an MBA (Finance) post-graduate. He is the founder and owner of "FinBlab". His blog aims at providing information and research on Stock market and sectors including Mutual funds, IPOs, Insurance and more.

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