Relaxo Footwears stock | 2026 price target, earnings & valuation

Relaxo Footwears

BSE:530517

Rp 265,65

Rp0,00 (0,00%)

265,65 Rp

Rp0,00 (0,00%)

End-of-day quote: 03/27/2026

Relaxo Footwears Stock Value

Currently, analysts rate BSE:530517 as Hold.

Hold

Relaxo Footwears Company Info

EPS Growth 5Y

-5,55%

Market Cap

Rp66,13 B

Long-Term Debt

Rp0,39 B

Annual earnings

05/09/2026 (E)

Dividend

Rp3,00

Dividend Yield

1,13%

Founded

1976

Industry

Consumer Discretionary

Country

India

Website

Relaxo Footwears

ISIN Number

INE131B01039

Website

http://www.relaxofootwear.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp416,50

56.79%

Last Update: 03/29/2026

Analysts: 10

Highest Price Target Rp430,00

Average Price Target Rp416,50

Lowest Price Target Rp330,00

In the last five quarters, Relaxo Footwears’s Price Target has fallen from Rp1.785,34 to Rp919,45 - a -48,50% decrease. Eight analysts predict that Relaxo Footwears’s share price will increase in the coming year, reaching Rp416,50. This would represent an increase of 56,79%.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Relaxo Footwears do?

Relaxo Footwears Limited (Relaxo) engages in the manufacture and sale of footwear for men, women, and kids. Business Segments The company operates a diversified portfolio within the footwear industry, predominately producing and marketing a wide range of both formal and casual footwear. The company specializes in sandals, slippers, and sports shoes. With a strong commitment to quality, its product lines are crafted from various high-quality materials, ensuring durability and comfort. The compa...

Relaxo Footwears Limited (Relaxo) engages in the manufacture and sale of footwear for men, women, and kids.

Business Segments

The company operates a diversified portfolio within the footwear industry, predominately producing and marketing a wide range of both formal and casual footwear. The company specializes in sandals, slippers, and sports shoes. With a strong commitment to quality, its product lines are crafted from various high-quality materials, ensuring durability and comfort. The company’s business segments encapsulate retail distribution through exclusive brand outlets and an extensive network of multi-brand retail stores, facilitating easy accessibility for consumers. The company also maintains a significant presence in e-commerce, recognizing the shift toward online shopping behaviors. Through various collaborations and partnerships, Relaxo seeks to broaden its market reach both domestically and internationally, capitalizing on niches within the market to establish itself as a leading name in the footwear industry.

Relaxo's product segmentation is heavily aligned with trends in fashion and consumer preferences, which position the company to adapt swiftly to changing demand. The company's market research initiatives ensure products resonate with a diverse customer base, spanning all age groups and demographics. Furthermore, Relaxo’s commitment to innovation is evident in its adoption of eco-friendly practices and sustainable materials within its manufacturing processes, aligning with contemporary consumer expectations for responsible sourcing.

The company's comprehensive orientation towards building brand value extends beyond product quality, also focusing on customer engagement and building long-term relationships with consumers through loyalty programs and interactive marketing campaigns. By employing a mix of traditional and digital marketing strategies, Relaxo remains at the forefront of competitive marketing, ensuring brand visibility is maintained in a fast-evolving market landscape. Such strategies enhance product awareness and cultivate brand loyalty and repeat purchases, thereby solidifying its market position.

Business Strategy

The company emphasizes quality product development, ensuring that all footwear is crafted to meet high standards of comfort, style, and durability. Furthermore, the company adopts a consumer-centric approach, placing significant emphasis on understanding and anticipating consumer preferences and trends. Strategic investments in research and development allow Relaxo to stay relevant and responsive to consumer needs.

Embracing technological advancements, Relaxo integrates modern manufacturing methods that reduce waste and improve overall productivity. Relaxo aims to expand its footprint both domestically and internationally by exploring new geographical markets and engaging in strategic mergers and acquisitions were advantageous.

Products and Services

The company offers an extensive array of products in the footwear domain, encapsulating both functional and fashionable elements. The core product segments include casual shoes, formal shoes, sandals, slippers, and sports footwear.

Casual footwear ranges from stylish sandals, designed for comfort and ease of wear, to trendy casual shoes that cater to a younger demographic. For formal occasions, the company provides a variety of elegantly designed shoes that combine sophistication with comfort, appealing to professional consumers. The sports segment emphasizes performance, featuring shoes equipped with advanced cushioning technologies and breathable materials aimed at enhancing athletic performance while ensuring comfort.

Relaxo also pays considerable attention to innovative designs and sustainable practices in product development. The company’s use of eco-friendly materials showcases its commitment to environmental sustainability without compromising on style or comfort. Customization options for select footwear allow consumers to personalize their purchases, enhancing customer satisfaction through unique offerings.

Retail services are bolstered by a comprehensive e-commerce platform, engaging with a broader audience digitally. Relaxo emphasizes customer experience and satisfaction, providing after-sales services and support to address consumer inquiries and enhance loyalty.

Geographical Markets Served

The company serves a diverse geographical market primarily concentrated in India, with significant penetration in urban and semi-urban regions. The company’s national distribution network includes exclusive brand outlets and multi-brand retail stores, ensuring easy accessibility to consumers. Internationally, Relaxo is expanding its footprint, exploring opportunities in emerging markets which presents potential for growth, particularly in regions with a rising demand for affordable quality footwear.

Seasonality

Seasonality within the company is influenced primarily by fluctuations in consumer purchasing behavior throughout the calendar year. Peak selling periods typically align with festivals, holiday shopping seasons, and back-to-school periods. Such fluctuations necessitate strategic inventory management and marketing agility to align with consumer demand. Off-peak seasons often see a drop in sales volume, prompting the company to leverage promotional strategies and discounts to stimulate sales.

Customer

The company serves a wide array of customers, including individual consumers across all age demographics, corporate clients seeking formal shoes, and retail partners distributing its products in both physical and online marketplaces.

Marketing and Distribution

The marketing strategy employed by the company encompasses a multi-channel approach, utilizing traditional advertising methods, digital marketing, and social media engagement. The company showcases its products through strategically placed advertisements in popular media channels while also capitalizing on digital platforms for targeted outreach. Distribution channels are robust, comprising a mix of exclusive brand outlets, multi-brand retail shops, and e-commerce platforms that enhance overall market penetration.

History

Relaxo Footwears Limited was founded in 1976. The company was incorporated in 1984.

Relaxo Footwears Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Sales:** - Shoe industry: 100% (2026) **TOP 3 Markets:** 1. India: approx. 85% 2. Middle East: approx. 8% 3. Southeast Asia: approx. 5% Relaxo Footwears Limited generates its sales mainly from the shoe industry, with the entire revenue coming from the manufacturing and sale of shoes. Th...

At which locations are the company’s products manufactured?

**Production Sites:** - **Bahadurgarh, Haryana** - **Bhiwadi, Rajasthan** - **Haridwar, Uttarakhand** Relaxo Footwears Limited mainly produces its products in India. The key production facilities are located in Bahadurgarh, Bhiwadi, and Haridwar. These sites are strategically chosen to ensure effic...

What strategy does Relaxo Footwears pursue for future growth?

**Revenue Growth:** Estimated 10-12% annually (2026) **Market Expansion:** Focus on rural and international markets Relaxo Footwears Limited is pursuing a growth strategy based on expanding into rural areas and international markets. The company plans to strengthen its presence in less saturated m...

Which raw materials are imported and from which countries?

**Main raw materials:** Rubber, EVA (Ethylene Vinyl Acetate), PVC (Polyvinyl Chloride) **Main importing countries:** China, Thailand, Malaysia Relaxo Footwears Limited mainly imports raw materials such as rubber, EVA, and PVC, which are essential for the production of their shoe products. These ma...

How strong is the company’s competitive advantage?

**Market share in India:** Approx. 5% (2025, estimate) **Revenue growth:** 10% (2025) **EBITDA margin:** 18% (2025) Relaxo Footwears Limited has established itself as one of the leading shoe manufacturers in India. The company's competitive advantage lies in its strong brand presence and w...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 23.5% (estimated, 2026) **Insider Buys/Sells:** No significant transactions in the last year (2026) The institutional investor share in Relaxo Footwears Limited is estimated to be around 23.5%. This demonstrates institutional investors' confidence in the com...

What percentage market share does Relaxo Footwears have?

**Market share of Relaxo Footwears Limited:** Estimated around 5-7% (2026) **Main competitors and their market shares:** 1. **Bata India Limited:** around 15% 2. **Adidas India:** around 12% 3. **Nike India:** around 10% 4. **Puma India:** around 8% 5. **Liberty Shoes Limited:** around 4% 6. **Metr...

Is Relaxo Footwears stock currently a good investment?

**Revenue Growth:** 8.5% (2025) **Profit Growth:** 10.2% (2025) **Market Share in India:** 15% (2025) Relaxo Footwears Limited recorded a solid revenue growth of 8.5% in 2025, attributed to strong demand for its products and an effective distribution strategy. The profit growth of 10.2% in the...

Does Relaxo Footwears pay a dividend – and how reliable is the payout?

**Dividend Yield:** 0.5% (2025) Relaxo Footwears Limited regularly pays dividends to its shareholders. The dividend yield was approximately 0.5% in 2025. This suggests that while the company does pay dividends, it does so to a relatively small extent compared to other companies in the industry. Th...

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Relaxo Footwears Stock Value

Relaxo Footwears Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Relaxo Footwears do?

Relaxo Footwears Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Relaxo Footwears Stock Value

Relaxo Footwears Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Relaxo Footwears do?

Relaxo Footwears Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.