Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Relaxo Footwears Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 765 | 739 | 715 | 713 | 747 | 748 | 679 | 667 | 695 | 654 | 629 | 668 | 751 |
| Expenses + | 647 | 631 | 624 | 626 | 627 | 649 | 592 | 584 | 583 | 555 | 547 | 599 | 627 |
| Operating Profit | 118 | 108 | 92 | 87 | 120 | 99 | 88 | 83 | 112 | 99 | 81 | 69 | 124 |
| OPM % | 15% | 15% | 13% | 12% | 16% | 13% | 13% | 12% | 16% | 15% | 13% | 10% | 17% |
| Other Income + | 4 | 7 | 11 | 6 | 5 | 5 | 7 | 7 | 8 | 11 | 12 | 11 | 12 |
| Interest | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 |
| Depreciation | 33 | 35 | 37 | 38 | 38 | 39 | 40 | 40 | 39 | 40 | 39 | 39 | 39 |
| Profit before tax | 85 | 76 | 60 | 51 | 82 | 60 | 50 | 45 | 75 | 66 | 49 | 36 | 91 |
| Tax % | 26% | 26% | 27% | 24% | 25% | 26% | 26% | 26% | 25% | 26% | 26% | 26% | 25% |
| Net Profit + | 63 | 56 | 44 | 39 | 61 | 44 | 37 | 33 | 56 | 49 | 36 | 27 | 68 |
| EPS in Rs | 2.54 | 2.26 | 1.78 | 1.55 | 2.47 | 1.78 | 1.48 | 1.33 | 2.26 | 1.96 | 1.45 | 1.07 | 2.72 |
Financials of Relaxo Footwears Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,441 | 1,668 | 1,631 | 1,941 | 2,292 | 2,410 | 2,359 | 2,653 | 2,783 | 2,914 | 2,790 | 2,702 |
| Expenses + | 1,240 | 1,427 | 1,400 | 1,639 | 1,964 | 1,998 | 1,861 | 2,235 | 2,442 | 2,505 | 2,405 | 2,328 |
| Operating Profit | 201 | 241 | 231 | 302 | 328 | 413 | 498 | 418 | 341 | 409 | 385 | 374 |
| OPM % | 14% | 14% | 14% | 16% | 14% | 17% | 21% | 16% | 12% | 14% | 14% | 14% |
| Other Income + | 0 | 7 | 14 | 4 | 12 | 8 | 22 | 23 | 16 | 29 | 27 | 46 |
| Interest | 18 | 23 | 15 | 9 | 9 | 19 | 19 | 17 | 22 | 21 | 24 | 22 |
| Depreciation | 40 | 47 | 51 | 54 | 62 | 109 | 110 | 114 | 125 | 147 | 158 | 157 |
| Profit before tax | 143 | 178 | 178 | 244 | 268 | 292 | 391 | 311 | 210 | 269 | 230 | 241 |
| Tax % | 28% | 32% | 33% | 34% | 35% | 22% | 25% | 25% | 26% | 26% | 26% | 26% |
| Net Profit + | 103 | 120 | 120 | 161 | 175 | 226 | 292 | 233 | 154 | 200 | 170 | 179 |
| EPS in Rs | 4.29 | 5.01 | 4.99 | 6.69 | 7.07 | 9.11 | 11.74 | 9.35 | 6.21 | 8.05 | 6.84 | 7.20 |
| Dividend Payout % | 6% | 6% | 10% | 11% | 13% | 14% | 21% | 27% | 40% | 37% | 44% | 0% |
Financials of Relaxo Footwears Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 12 | 12 | 12 | 12 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 362 | 468 | 594 | 749 | 1,093 | 1,248 | 1,548 | 1,735 | 1,830 | 1,976 | 2,073 | 2,181 |
| Borrowings + | 239 | 236 | 178 | 153 | 112 | 139 | 144 | 174 | 164 | 205 | 213 | 233 |
| Other Liabilities + | 234 | 281 | 286 | 335 | 394 | 430 | 459 | 448 | 476 | 508 | 452 | 510 |
| Total Liabilities | 841 | 997 | 1,070 | 1,250 | 1,611 | 1,841 | 2,176 | 2,383 | 2,495 | 2,714 | 2,762 | 2,949 |
| Fixed Assets + | 472 | 531 | 541 | 525 | 848 | 981 | 938 | 987 | 1,150 | 1,371 | 1,344 | 1,365 |
| CWIP | 2 | 28 | 62 | 138 | 11 | 46 | 118 | 149 | 89 | 33 | 54 | 97 |
| Investments | 0 | 0 | 1 | 1 | 0 | 0 | 338 | 194 | 225 | 108 | 343 | 436 |
| Other Assets + | 367 | 438 | 466 | 587 | 752 | 814 | 782 | 1,052 | 1,030 | 1,202 | 1,021 | 1,051 |
| Total Assets | 841 | 997 | 1,070 | 1,250 | 1,611 | 1,841 | 2,176 | 2,383 | 2,495 | 2,714 | 2,762 | 2,949 |
Financials of Relaxo Footwears Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 107 | 159 | 180 | 154 | 123 | 319 | 513 | 56 | 400 | 235 | 406 | |
| Cash from Investing Activity + | -130 | -130 | -89 | -108 | -56 | -116 | -453 | 15 | -258 | -99 | -262 | |
| Cash from Financing Activity + | 21 | -31 | -89 | -46 | -68 | -203 | -56 | -70 | -138 | -106 | -162 | |
| Net Cash Flow | -1 | -2 | 1 | -0 | -1 | 1 | 4 | 1 | 3 | 30 | -18 | |
| Free Cash Flow | -23 | 25 | 90 | 46 | 32 | 203 | 391 | -82 | 216 | -11 | 291 | |
| CFO/OP | 72% | 89% | 103% | 78% | 64% | 97% | 121% | 33% | 134% | 74% | 120% |
Financials of Relaxo Footwears Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 21 | 24 | 28 | 33 | 35 | 26 | 28 | 34 | 35 | 45 | 41 | 40 |
| Inventory Days | 163 | 147 | 146 | 130 | 130 | 157 | 154 | 202 | 154 | 179 | 177 | 184 |
| Days Payable | 61 | 63 | 63 | 72 | 58 | 65 | 81 | 67 | 69 | 76 | 63 | 87 |
| Cash Conversion Cycle | 123 | 108 | 110 | 90 | 107 | 119 | 101 | 170 | 121 | 148 | 155 | 138 |
| Working Capital Days | 14 | 12 | 19 | 27 | 42 | 57 | 44 | 75 | 59 | 68 | 62 | 89 |
| ROCE % | 30% | 30% | 26% | 30% | 26% | 24% | 26% | 18% | 12% | 14% | 11% | 11% |