RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Conference Call Trancsript14-05-2024
14-05-2024
Relaxo Footwears Q4 Results Review - Gradual Recovery To Continue; Maintain Buy: Axis Securities
The company is well-placed for growth13-05-2024
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement - Public Notice for Registration of Email address by shareholders of Relaxo footwears Limited for the upcoming Postal Ballot.11-05-2024
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Link for audio recording of Investors Conference Call for Relaxo Footwears Limited -Q4 FY24 Audited Financial Results10-05-2024
RELAXO FOOTWEARS LTD.-$ - 530517 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation for Issuance of Letter of Confirmation in lieu of Duplicate share Certificates.10-05-2024
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication for Audited Financial Results for the Quarter and Financial Year ended on March 31, 202410-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Relaxo Footwears Ltd.
Relaxo Footwears announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue at Rs 747 crore in Q4FY24 as compared to Rs 765 crore in Q4 FY23, a marginal decline of 2% YoY. This is attributed to a slight decline in overall volumes, which was partly offset by improved average realisation. EBITDA at Rs 120 crore in Q4FY24 as against Rs 118 crore in corresponding quarter of previous year, registered YoY growth of 2%. EBITDA margin stood at 16.1% during the quarter as compared to 15.4% in Q4 FY23, up by 69 bps. Profit after Tax at Rs 61 crore in Q4FY24 as compared to Rs 63 crore in Q4 FY23. PAT Margin stood at 8.2% in Q4FY24 as compared to 8.3% in the corresponding quarter of previous year. FY24 Financial Highlights: Revenue at Rs 2,914 crore in FY24, an increase of 5% as compared to Rs 2,783 crore in FY23. EBITDA at Rs 407 crore in FY24, up by 21%, from Rs 336 crore in FY23. EBITDA margin stood at 14.0% in FY24 as compared to 12.1% in FY23, improved by 188 bps. Profit after Tax at Rs 200 crore in FY24, up from Rs 154 crore in FY23 reported an improvement of 30% YoY. PAT Margin at 6.9% in FY24 as compared to 5.6% in FY23, up by 133 bps. Commenting on the results and performance, Ramesh Kumar Dua, Chairman and Managing Director said: “We have achieved a moderate increase in revenue for FY24, with a notable improvement in profitability. This performance was largely driven by a significant uptick in open-footwear volumes, a testament to the efficacy of our strategic initiatives to regain market share. During the quarter, the company has implemented Quality Control Orders as issued by the Bureau of Indian Standards (BIS) and now all our products are ISI marked. This year, we have taken major sales transformation initiatives to enhance our connect with distributors, retailers and consumers. We have undertaken a major digital initiative to have our retailers directly connected with the company through our ‘Relaxo Parivaar’ app. In a short time frame, we have achieved an industry leading retailer connect through the app and expect this to grow further in the coming year. To help our distributors drive secondary sales to retailers, we have equipped them with a revamped Distributor Management System. We are also expanding our ecommerce operations by directly selling to consumers using ‘Brand as a Seller’ model on all major ecommerce platforms. These initiatives will help the company to improve our market connect and have a positive impact on growth.” Result PDF10-05-2024
Relaxo Footwears Q4 Results: Posts 3% Decline In Net Profit To Rs 61 Crore
For the full financial year 2023-24, its net profit rose to Rs 200.47 crore, from Rs 154.47 crore in the previous fiscal.10-05-2024
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation on Audited Financial Results for the Q4 and financial year ended on March 31, 202409-05-2024
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press release on Audited Financial Results of the Company for the quarter and financial year ended on March 31, 2024.09-05-2024