RELAXO FOOTWEARS LTD.-$ - 530517 - Business Responsibility and Sustainability Reporting (BRSR)
Business Responsibility and Sustainability Reporting (BRSR)29-07-2023
29-07-2023
Buy Relaxo Footwear; target of Rs 1080: Sharekhan
Sharekhan is bullish on Relaxo Footwear has recommended buy rating on the stock with a target price of Rs 1080 in its research report dated July 25, 2023.28-07-2023
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication26-07-2023
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor presentation on Un-audited Quarterly Results as on June 30, 202325-07-2023
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Publication of Results in Newspapers for Quarter ended June 30 202325-07-2023
Relaxo Footwear skids despite 54.5% surge in Q1 net profit
Relaxo Footwear stock has given a return of 12.93 percent over the last six months.25-07-2023
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Intimation of Grant / Cancellation of ESOPs24-07-2023
Q1FY24 Quarterly Result Announced for Relaxo Footwears Ltd.
Relaxo Footwears announced Q1FY24 results: Revenue at Rs 739 crore in Q1FY24 compared to Rs 667 crore in Q1FY23, an increase of 11% YoY. The growth was driven by the strong recovery in volumes across open footwear. EBITDA is at Rs 108 crore in Q1FY24 compared to Rs 86 crore in Q1FY23, a growth of 25% YoY. EBITDA margin stood at 14.6% in Q1FY24 as against 12.9% in Q1FY23 with easing out of the raw material prices in Q1FY24. Profit after Tax at Rs 56 crore in Q1FY24, up 46% YoY, from Rs 39 crore in Q1FY23. PAT Margin stood at 7.6% as compared to 5.8% in Q1FY23, an improvement of 182 bps. Commenting on the results and performance, Ramesh Kumar Dua, Managing Director said: "We are pleased to announce a good performance in the first quarter of FY24, supported by significant growth in both open and closed footwear categories. The decline in raw material prices, coupled with the relentless efforts of our team to ensure the company's adaptability and resilience in challenging market conditions, has led to improved operating efficiency and profitability during the quarter. Our effective business strategies have enabled us to capitalize on market trends, maintaining a robust position with well-received brands like Sparx, Bahamas, and Flite. Furthermore, all our channels have seen encouraging progress, which will help us deliver positive results consistently. We continue to prioritize delivering top-quality products through our in-house manufacturing, while our dedicated design team focuses on creating innovative and trendy designs to enhance our brand recognition. As we move forward, we anticipate further softening of raw material prices in the upcoming quarters, which will further contribute to improving our profit margins." Result PDF24-07-2023
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release for Q1 ended on June 30, 202324-07-2023
RELAXO FOOTWEARS LTD.-$ - 530517 - Register Of Members And Share Transfer Books From August 18, 2023 (Friday) To August 23, 2023 (Wednesday)
As per Disclosure attached.24-07-2023