Relaxo Footwear

Relaxo Footwear

Footwear & Accessories · RELAXO
Mid CapConsumer CyclicalMature Stable
Ramesh Kumar Dua
Ramesh Kumar Dua
Chairman & Managing Director · Pragmatic
Company DNA
Pace — Speed of executionPaceInnovation — Disruption appetiteInnovCulture — Organizational valuesCultrEfficiency — Operational focusEfficPurpose — Profit vs mission balancePurpsBrand — Market perceptionBrand
Hierarchical
About
Relaxo Footwear is a Mid Cap company in the Consumer Cyclical sector, listed on NSE as RELAXO. With a market cap of ₹8K Cr and revenue of ₹3K Cr, it is currently in the Mature Stable phase. Known for its Hierarchical culture and Fast-Follower approach to innovation, the company operates at a Steady-Marathon pace. Promoter-driven legacy consumer company characterized by long-term management stability and formal reporting structures. Its strategic mandate: Focus must shift to cost-efficient distribution and operational rigor to protect margins in a highly competitive and price-sensitive mass market.
FAQ
What kind of company is Relaxo Footwear?
Relaxo Footwear is a Mid Cap Consumer Cyclical company (RELAXO) in the Mature Stable phase with a market cap of ₹8K Cr. It is classified as Hierarchical in culture.
What is Relaxo Footwear's culture and work environment like?
Relaxo Footwear has a Hierarchical culture with Fast-Follower innovation DNA and a Steady-Marathon pace of execution. Employee brand: Steady Employer. Customer relationship style: Mass-Consumer. Promoter-driven legacy consumer company characterized by long-term management stability and formal reporting structures.
Who leads Relaxo Footwear?
Relaxo Footwear is led by Ramesh Kumar Dua (Chairman & Managing Director), a Pragmatic leader with 50 years of experience.
What are Relaxo Footwear's financials?
Relaxo Footwear reported revenue of ₹3K Cr in FY25 with a 5-year revenue CAGR of 1.7%. Operating margin: 8%. Market cap: ₹8K Cr.

Culture & Strategy

CultureHierarchical
InnovationFast-Follower
PaceSteady-Marathon
PurposeProfit-Pure
CustomerMass-Consumer
EmployeeSteady Employer
BrandValue-Champion
LifecycleMature Stable
Promoter-driven legacy consumer company characterized by long-term management stability and formal reporting structures.
Mandate
Focus must shift to cost-efficient distribution and operational rigor to protect margins in a highly competitive and price-sensitive mass market.

Financials

Revenue FY25₹3K Cr
PAT FY25₹170 Cr
Rev CAGR 5Y1.7%
OPM8%
NPM6.1%
ROE8.1%
ROCE9.7%
P/E43.7
Fwd P/E36.8
P/B3.5
D/E10.2
Mkt Cap₹8K Cr
Promoter71.3%
Institutional11.9%