ALFA Finder| Revenue growth | Q2 +11.6% YoY; H1 +9.6% |
|---|---|
| Margins | Q2 EBITDA margin 12.2% vs 12.9%; Q1 15.4% |
| Demand visibility | Not disclosed in deck |
Growth
Q2 revenue +11.6% YoY; H1 +9.6%. Pairs sold fell about 10% to 3.7 Cr, while realisation rose about 23% to ₹186/pair.
Outlook
No quantified guidance. Capacity recalibrated to 9.1 lakh pairs/day from 10.5 lakh, alongside RFL-I & II modernisation.
Risks
EBITDA margin down 76 bps; materials (+13%) and employee costs (+15%) outgrew revenue; volumes fell; CS resigned.
Last quarter's promises, checked
Delivered
- Guided Q4-level growth sustained (Q4 rev +8.1%) → Q2 rev +11.6% YoY (= BEAT)
- Guided 15–18% price increase → realisation +23% to ₹186/pair (= BEAT)
Partly delivered
- Guided price rise with volumes held → price +23% but pairs −10% (= PARTIAL)
Missed
- Guided volume +4–5%/yr → pairs −10% to 3.7 Cr (= MISS)
- Guided FY27 op margin ~+1pt over FY26 13.8% → Q2 EBITDA 12.2% vs 12.9% PY (= MISS)
Investor Presentation filed with BSE, NSE: RELAXO. Summary written with AI assistance from the document.
Relaxo Footwears Ltd: key numbers
- Share price
- ₹294.55
- Market cap
- ₹7,332 Cr
- Revenue (annual)
- ₹2,702 Cr
- Net profit (annual)
- ₹179.3 Cr
- P/E (TTM)
- 39.6×Sector 65.7×
- Promoter holding
- 71.27%+0.00% QoQ
- FII holding
- 2.97%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Relaxo Footwears Ltd
All →Relaxo Footwears Results Update
Relaxo Footwears reported Q2 FY27 revenue of Rs. 702 crores, up 11.6% year on year, with PAT of Rs. 37 crores. H1 FY27 revenue rose 9.6% to Rs. 1,407 crores.
Relaxo Footwears Employee Stock Options
Relaxo Footwears' NRC cancelled 27,600 ESOP options after an employee resigned and granted 14,700 fresh options under Phase-V of RFL ESOP Plan 2014. The grant carries no stated monetary value.
Relaxo Footwears Merger & Restructuring Worth ₹35.7 Cr
Relaxo approved a Kenya joint venture, subscribing 51% for up to Rs.35.70 crore. The JV will become a subsidiary on completion.
- Value
- ₹35.70 Cr
- Execution
- Completion expected within approximately 60 to 90 days, and no later than 6 months from SSHA execution
Relaxo Footwears Q2 FY27 Results: Net Profit ₹37 Cr, Up 2.2% YoY
Relaxo Footwears Ltd reported revenue from operations of ₹701.6 Cr (+11.6% YoY) and net profit of ₹37 Cr (+2.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹37 Cr · +2.2% YoY
Relaxo Footwears Board Meeting Date
Relaxo Footwears will hold a board meeting on 13 November 2026 to consider unaudited results for the quarter and half year ended 30 September 2026. Trading window remains closed until 15 November 2026.
Relaxo Footwears Acquisition
Relaxo Footwears acquired 26% of Clean Max MUOI Private Limited, which becomes an associate. The stake supports renewable energy procurement for its Haryana manufacturing facilities.