Relaxo Footwears Ltd Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Published 13 Jun 2026 | Consumer Durables | Market Cap: ₹10.4K Cr
Relaxo expects volume growth of around 4% to 5% over the next two years, emphasizing cautious optimism due to market conditions. The management is cautiously optimistic about FY27 due to uncertain external environment and geopolitical factors impacting inflation and consumer sentiment.
From Relaxo Footwears Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.
Price
₹377
Market Cap
₹10.4K Cr
P/E Ratio
57.8
Revenue Rank
Margin Rank
How does Relaxo Footwears Ltd rank in Consumer Durables?
Compare Relaxo Footwears Ltd against every Consumer Durables company this quarter on revenue, margins and earnings-call signals.
Relaxo Footwears Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹751 Cr, net profit ₹68 Cr.
Full financials →📊 Revenue & Sales Performance
Rank 4- →Relaxo expects volume growth of around 4% to 5% over the next two years, emphasizing cautious optimism due to market conditions.
- →The company aims to increase average selling price (ASP) gradually through premiumization and expansion in EBO and e-commerce channels.
- →Expansion plans include adding 100 new Exclusive Brand Outlets (EBOs) by December 2026, focusing on tier 1, 2, and 3 cities across India.
- →Growth is also anticipated from digital channels, quick commerce partnerships (Blinkit, Zepto), and increased distributor/retailer footprint.
- →The management is confident about sustaining and improving margins despite retail expansion costs.
- →Product mix changes targeting premium and lifestyle footwear, especially in the women's and kids' categories, are expected to aid growth.
- →Revenue growth was reported at 8.1% YoY in Q4 FY26, with positive momentum seen in Q4 and continuing into early FY27.
📈 Profitability & Margins
Rank 2- →The management is cautiously optimistic about FY27 due to uncertain external environment and geopolitical factors impacting inflation and consumer sentiment.
- →Revenue growth in Q4 FY26 was strong at 8.1% YoY, supported by volume growth and recovery in general trade, retail, and e-commerce channels.
- →Operating margins improved, with Q4 FY26 EBITDA margin at 16.5% versus 16.1% last year; FY26 operating margin was 13.8%, with intent to improve by about 1% going forward.
- →PAT margin expanded to 9.0% in Q4 FY26 (up 92 bps YoY); management aims to sustain growth and improve profitability.
- →Management expects 4%-5% volume growth over next two years with premiumization and retail expansion contributing to higher ASP.
- →Plans to open 100 new Exclusive Brand Outlets (EBOs) with minimal margin dilution to support growth.
- →Advertising spend will remain steady at 4%-5% of net sales to support growth.
- →Overall, the company aims for sustainable earnings improvement despite market challenges.
🏗️ Capital Expenditure Plans
Yes- →Capex guidance for FY27 is INR 180 crores to INR 200 crores.
- →This capex includes investment in new molds, some administrative office setup, wear & tear replacements, and machine changes.
- →No major new capacity expansion planned; a mix of maintenance and upgrades.
- →Part of the capex is allocated to the expansion of Exclusive Brand Outlets (EBOs), with plans to open 100 new EBOs with a spend of around INR 30-35 lakhs per store (total ~INR 30-35 crores included in overall capex).
- →Strategic focus on redesigning EBOs with better customer experience, targeting good footfall and profitable returns.
- →Expansion of EBOs will be pan-India, including entry into Western and Southern markets.
- →Continued emphasis on digital marketing and e-commerce growth as part of the evolving digital strategy.
💰 Fundraising & Capital Structure
No information- →There is no mention of any current or planned fundraising through debt or equity in the transcript.
- →The management focuses on using internal accruals and capex guidance (INR180-200 crores) for expansion, including setting up 100 new Exclusive Brand Outlets (EBOs).
- →No explicit discussion about raising fresh capital from external sources during the call.
- →Emphasis is on operational efficiencies, margin expansion, and cautious growth amid uncertain external environment rather than on new fundraises.
📋 Order Book & Pipeline
No informationKey Metrics
Revenue
Margin
Capex
Fundraise
Order Book
Frequently Asked Questions
What were Relaxo Footwears Ltd Q4 FY26 results?
Relaxo expects volume growth of around 4% to 5% over the next two years, emphasizing cautious optimism due to market conditions. The management is cautiously optimistic about FY27 due to uncertain external environment and geopolitical factors impacting inflation and consumer sentiment.
What is Relaxo Footwears Ltd share price analysis?
Relaxo Footwears Ltd currently shows a neutral. The stock trades at a P/E of 57.8 with a market cap of ₹10,360 Cr. Investors should review the full earnings analysis for detailed insights.
Is Relaxo Footwears Ltd planning capital expenditure?
Capex guidance for FY27 is INR 180 crores to INR 200 crores.
Keep Relaxo Footwears Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.