Relaxo Footwears Ltd
BSE:530517

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Relaxo Footwears Ltd Logo
Relaxo Footwears Ltd
BSE:530517
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Price: 367.25 INR -0.88% Market Closed
Market Cap: ₹91.4B

Net Margin

6.3%
Current
No historical data
Comparison unavailable

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
6.3%
=
Net Income
₹1.7B
/
Revenue
₹26.5B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
6.3%
=
Net Income
₹1.7B
/
Revenue
₹26.5B

Peer Comparison

Country Company Market Cap Net
Margin
IN
Relaxo Footwears Ltd
NSE:RELAXO
89.1B INR
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US
Nike Inc
NYSE:NKE
93.1B USD
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JP
Asics Corp
TSE:7936
3.2T JPY
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US
Deckers Outdoor Corp
NYSE:DECK
16.4B USD
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CH
On Holding AG
NYSE:ONON
14.9B USD
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US
Skechers USA Inc
NYSE:SKX
9.5B USD
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CN
Huali Industrial Group Co Ltd
SZSE:300979
56.7B CNY
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UK
Birkenstock Holding PLC
NYSE:BIRK
7.3B USD
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US
Crocs Inc
NASDAQ:CROX
5.1B USD
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DE
Puma SE
XETRA:PUM
3.4B EUR
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HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
27.7B HKD
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Market Distribution

In line with most companies in India
Percentile
53nd
Based on 5 531 companies
53nd percentile
6.3%
Low
-305 007.7% — 2.1%
Typical Range
2.1% — 11.6%
High
11.6% — 1 221 633.3%
Distribution Statistics
India
Min -305 007.7%
30th Percentile 2.1%
Median 5.8%
70th Percentile 11.6%
Max 1 221 633.3%

Relaxo Footwears Ltd
Glance View

In the bustling corridors of the Indian retail landscape, Relaxo Footwears Ltd. has carved out a distinctive niche, rising to become one of the leading footwear manufacturers in the country. Founded in 1976, this company began as a modest operation but gradually transformed into a formidable player in the footwear industry. With an unwavering focus on affordability and durability, Relaxo caters to a broad spectrum of customers—from cost-conscious families to working professionals. Anchored by its flagship brands such as Sparx, Flite, and Bahamas, Relaxo has crafted a diverse portfolio that spans different styles and price points, ensuring it holds a robust appeal across urban and rural segments alike. Leveraging economies of scale in manufacturing, the brand combines mass production techniques with quality control, ensuring its products maintain consistency in both form and function. The company's revenue model thrives on a well-oiled distribution network that reaches every nook and cranny of the Indian subcontinent. By synergizing traditional retail outlets with an aggressive e-commerce strategy, Relaxo has successfully tapped into both brick-and-mortar and digital platforms. Its streamlined supply chain allows for low production costs, which directly translates into competitive pricing—a critical factor in attracting Indian consumers. While the domestic market remains its stronghold, Relaxo has gradually started eyeing international expansion, recognizing the growth potential in neighboring regions. Its marketing efforts, often characterized by memorable advertisements, reinforce brand loyalty, driving sales and ensuring a consistent cash flow. In essence, Relaxo Footwears Ltd. operates at the intersection of affordability, accessibility, and quality, a trifecta that keeps the company well-anchored in the footwear sector.

RELAXO Intrinsic Value
196.44 INR
Overvaluation 47%
Intrinsic Value
Price
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
6.3%
=
Net Income
₹1.7B
/
Revenue
₹26.5B
What is Relaxo Footwears Ltd's current Net Margin?

The current Net Margin for Relaxo Footwears Ltd is 6.3%, which is in line with its 3-year median of 6.4%.

How has Net Margin changed over time?

Over the last 3 years, Relaxo Footwears Ltd’s Net Margin has increased from 5.7% to 6.3%. During this period, it reached a low of 5.6% on Mar 31, 2023 and a high of 6.9% on Dec 31, 2023.

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