{"id":169592,"date":"2025-07-31T04:02:17","date_gmt":"2025-07-31T08:02:17","guid":{"rendered":"https:\/\/44.250.171.167\/?p=169592"},"modified":"2025-08-01T08:05:12","modified_gmt":"2025-08-01T12:05:12","slug":"relaxo-footwears-ltd-q1-fy26-earnings-results-11-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/relaxo-footwears-ltd-q1-fy26-earnings-results-11-rise-in-profits\/","title":{"rendered":"Relaxo Footwears Ltd Q1 FY26 Earnings Results &#8211; 11% rise in Profits"},"content":{"rendered":"<p>Relaxo Footwears Limited is the largest footwear manufacturing company in India, which deals in non leather products i.e. rubber\/EVA slippers, canvas shoes, sport shoes, sandals, school shoes and other types of footwear. It is also the leader in &#8216;value&#8217; segment footwear. It has a portfolio of renowned brands like Relaxo, Sparx, Flite and Bahamas. The company sells its products through retailers served through distributors, retail outlets, exports and e-commerce \/ modern trade. Presenting below are its Q1 FY26 earnings.<\/p>\n<p>&nbsp;<\/p>\n<h2 id=\"\" class=\"mb-2 mt-6 text-base font-[500] first:mt-0 md:text-lg dark:font-[475] [hr+&amp;]:mt-4\">Q1 FY26 Earnings Summary:<\/h2>\n<ul class=\"marker:text-textOff list-disc\">\n<li>\n<p class=\"animate-in fade-in-25 duration-700 my-0\"><strong>Revenue:<\/strong>\u00a0\u20b9654.5 crore, down\u00a012.6% year-over-year (YoY) from \u20b9748 crore\u00a0in Q1 FY25 and\u00a0sequentially down\u00a0from \u20b9695 crore\u00a0in Q4 FY25.<\/p>\n<\/li>\n<li>\n<p class=\"animate-in fade-in-25 duration-700 my-0\"><strong>Net Profit (PAT):<\/strong> \u20b948.9 crore, up 11% YoY (\u20b944.3 crore in Q1 FY25), but down 13% sequentially from \u20b956.2 crore in Q4 FY25.<\/p>\n<\/li>\n<li>\n<p class=\"animate-in fade-in-25 duration-700 my-0\"><strong>EBITDA:<\/strong>\u00a0\u20b999 crore, flat YoY; EBITDA\u00a0margin improved\u00a0to 15.2% from\u00a013.2% in Q1 FY25, driven by\u00a0cost management\u00a0and operational\u00a0efficiencies.<\/p>\n<\/li>\n<li>\n<p class=\"animate-in fade-in-25 duration-700 my-0\"><strong>PBT:<\/strong>\u00a0\u20b965.9 crore, up\u00a09.2% YoY but\u00a0down 12.5% QoQ.<\/p>\n<\/li>\n<li>\n<p class=\"animate-in fade-in-25 duration-700 my-0\"><strong>Key Drivers:<\/strong>\u00a0Margin expansion\u00a0due to productivity\u00a0improvements\u00a0and disciplined\u00a0cost control, but revenue\u00a0was impacted\u00a0by continued\u00a0muted demand\u00a0in the mass and\u00a0mid-market categories\u00a0and intensified\u00a0competition, particularly\u00a0from regional\u00a0players post-GST increase\u00a0from 5% to 12%.<\/p>\n<\/li>\n<li>\n<p class=\"animate-in fade-in-25 duration-700 my-0\"><strong>Management Commentary:<\/strong>\u00a0Chairman &amp;\u00a0MD Ramesh Kumar\u00a0Dua noted that\u00a0demand pressures\u00a0persisted but\u00a0the company avoided\u00a0\u201cdeep discounting,\u201d focusing\u00a0instead on sales\u00a0process transformation\u00a0and distribution\u00a0network expansion. Cost discipline\u00a0and productivity\u00a0gains helped\u00a0protect margins. Management remains\u00a0optimistic about\u00a0recovery with\u00a0foundations being\u00a0laid for future\u00a0growth<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<p>&nbsp;<\/li>\n<\/ul>\n<h3 class=\"mb-2 mt-6 text-base font-[500] first:mt-0 md:text-lg dark:font-[475] [hr+&amp;]:mt-4\">Key Management\u00a0Commentary &amp;\u00a0Strategic Highlights<\/h3>\n<ul class=\"marker:text-textOff list-disc\">\n<li>\n<p class=\"animate-in fade-in-25 duration-700 my-0\">The quarter\u00a0reflected <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/fbad55c4-83b3-47f1-93b6-dd77df4c093b.pdf\" target=\"_blank\" rel=\"noopener\">persistent\u00a0demand headwinds<\/a> in\u00a0mid and mass-market segments, and the impact\u00a0of competitive\u00a0pressures from\u00a0regional small-scale players.<\/p>\n<\/li>\n<li>\n<p class=\"animate-in fade-in-25 duration-700 my-0\">Relaxo prioritized\u00a0operational efficiency, cost control, and expanding\u00a0digital\/tech initiatives\u00a0(including streamlining distribution\u00a0and backend processes) to buttress profitability\u00a0in a challenging\u00a0sales climate.<\/p>\n<\/li>\n<li>\n<p class=\"animate-in fade-in-25 duration-700 my-0\">Leadership\u00a0focused on sustainable, profitable growth\u00a0rather than short-term revenue\u00a0tactics; expects\u00a0the restructuring\u00a0and sales initiatives\u00a0to show positive\u00a0results in upcoming\u00a0quarters, especially\u00a0in FY26\u2019s second\u00a0half.<\/p>\n<\/li>\n<li>\n<p class=\"animate-in fade-in-25 duration-700 my-0\">Ongoing tech\u00a0adoption and\u00a0\u201cBrand as Seller\u201d model continue\u00a0for stronger\u00a0digital presence.<\/p>\n<\/li>\n<li>\n<p class=\"animate-in fade-in-25 duration-700 my-0\">Recent management\u00a0adjustments: Prince\u00a0Jain was appointed\u00a0as CFO in May\u00a02025; key sales\u00a0and marketing\u00a0leadership resignations (June\u2013July).<\/p>\n<\/li>\n<li>\n<p class=\"animate-in fade-in-25 duration-700 my-0\">Dividend: Proposed <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/fbad55c4-83b3-47f1-93b6-dd77df4c093b.pdf\" target=\"_blank\" rel=\"noopener\">final\u00a0dividend of \u20b93 per equity share<\/a>\u00a0for FY25, subject\u00a0to AGM approval<\/p>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-169593\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/1-18-839x1024.png\" alt=\"Relaxo Footwear Q1 FY26 Results\" width=\"640\" height=\"781\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/1-18-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/1-18-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/1-18-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/1-18-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/1-18.png 1489w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2 id=\"q4-fy25-earnings-summary-janmar-2025\" class=\"mb-2 mt-6 text-base font-[500] first:mt-0 md:text-lg dark:font-[475] [hr+&amp;]:mt-4\">Q4 FY25 Earnings Summary:<\/h2>\n<ul class=\"marker:text-textOff list-disc\">\n<li>\n<p class=\"my-0\"><strong>Revenue:<\/strong>\u00a0\u20b9695 crore, down 7% YoY from \u20b9747 crore in Q4 FY24, but up 4% sequentially over Q3 FY25.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Net Profit (PAT):<\/strong>\u00a0\u20b956.2 crore, down 8% YoY, with an 8.1% PAT margin.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>EBITDA:<\/strong>\u00a0\u20b9112 crore, down 7% YoY. EBITDA margin stable at 16.1%.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Expenses:<\/strong>\u00a0Total expenses declined 6.3% YoY to \u20b9627.9 crore, mainly due to reduced raw material and employee costs.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Strategic Moves:<\/strong>\u00a0The company advanced several initiatives\u2014optimizing distributor\/retailer networks, expanding e-commerce SKUs, launching a tech-enabled warehouse, and reinforcing supply chain infrastructure. These are designed to make Relaxo more agile and efficient following a year of consolidation.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Management Outlook:<\/strong>\u00a0FY25 viewed as a bottom with expectations of improved business trajectory from H2 FY26<\/p>\n<\/li>\n<\/ul>\n<p>To view its previous earnings, please visit: <a href=\"https:\/\/44.250.171.167\/relaxo-footwears-ltd-q1fy25-21-fall-in-profits\/#:~:text=Financial%20Results%3A,%2C%20a%20rise%20of%203.43%25.\">Click Here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Relaxo Footwears Limited is the largest footwear manufacturing company in India, which deals in non leather products i.e. rubber\/EVA slippers, canvas shoes, sport shoes, sandals, school shoes and other types of footwear. It is also the leader in &#8216;value&#8217; segment footwear. It has a portfolio of renowned brands like Relaxo, Sparx, Flite and Bahamas. The [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":169593,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,6351],"tags":[14326,143],"class_list":["post-169592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-consumer-stocks","tag-flite","tag-footwear"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/1-18.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":145661,"url":"https:\/\/alphastreet.com\/india\/relaxo-footwear-ltd-q4fy23-results-out-revenue-declines-by-15\/","url_meta":{"origin":169592,"position":0},"title":"Relaxo Footwear Ltd Q4FY23 results out, revenue declines by 15%","author":"Chirag Gupta","date":"May 10, 2023","format":false,"excerpt":"Relaxo Footwears Limited is the largest footwear manufacturing company in India, which deals in non-leather products i.e. rubber\/EVA slippers, canvas shoes, sport shoes, sandals, school shoes and other types of footwear. 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It has a portfolio of renowned brands like Relaxo, Sparx,\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":163996,"url":"https:\/\/alphastreet.com\/india\/relaxo-footwears-ltd-q1fy25-21-fall-in-profits\/","url_meta":{"origin":169592,"position":1},"title":"Relaxo Footwears Ltd Q1FY25; 21% fall in Profits","author":"Chirag Gupta","date":"August 22, 2024","format":false,"excerpt":"Relaxo Footwears Limited is the largest footwear manufacturing company in India, which deals in non-leather products i.e. rubber\/EVA slippers, canvas shoes, sport shoes, sandals, school shoes and other types of footwear. 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