Relaxo Footwears Limited has informed the Exchange about Investor Presentation
RELAXO · price
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Relaxo Footwears reported a weak Q4 and FY25, with full-year revenue falling 4.3% YoY to ₹2,789.61 crore and PAT dropping 15% to ₹170.33 crore. EBITDA margin contracted by 26 basis points to 13.69% in FY25, and PAT margin fell sharply by 77 bps to 6.11%, reflecting margin pressure. Volumes declined to 17.8 crore pairs from 19.5 crore pairs, though average realization per pair improved to ₹156 from ₹148, indicating a value-over-volume shift. The company remains net cash positive (Net Debt of -₹292 crore) with strong liquidity, and has 9 manufacturing facilities with ~10.5 lakh pairs/day capacity, 418 exclusive outlets, and presence in 36 countries. Key brands Sparx (40%), Hawai (37%), and Flite (23%) lead the portfolio mix.
Shareholders should note the year of declining volumes, shrinking margins, and lower profits, which could weigh on short-term sentiment. However, the strong net cash position, improving per-pair realization, and a diversified brand portfolio provide some comfort for long-term investors.