RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement for Audited Financial Results for the quarter and year ended on March 31, 202212-05-2022
12-05-2022
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
Intimation of appointment of M/s. Gupta & Dua, Chartered Accountants as Statutory Auditors from the conclusion of Thirty Eight Annual General Meeting (ensuing AGM) until the conclusion of the Forty Third Annual General Meeting subject to the approval of shareholders.12-05-2022
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of conference call on Q4FY22 Results12-05-2022
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Intimation of grant and cancellation of ESOP''s pursuant to RFL ESOP Plan 201412-05-2022
Q4FY22 Quarterly Result Announced for Relaxo Footwears Ltd.
Relaxo Footwears announced Q4FY22 results: Q4FY22: Revenue is at Rs. 698 crore as compared to Rs. 748 crore in the corresponding period of the previous year. Revenue during the quarter was affected due to disruptions caused by Omicron variant of COVID, GST rate hike from 5% to 12% w.e.f. 1 st January 2022 on footwear priced below Rs. 1000 and subdued demand due to high inflation. EBITDA is at Rs. 111 crore as compared to Rs. 163 crore in the corresponding period of the previous year. EBITDA Margins decreased by 586 bps YoY to 15.9% mainly due to steep increase in raw material prices and extra support to Trade towards GST rate differential on Inventory. Profit after Tax is at Rs. 63 crore as compared to Rs. 102 crore in the corresponding period of the previous year. FY22: Revenue is at Rs. 2,653 crore as compared to Rs. 2,359 crore mainly due to calibrated price hikes taken during the year to mitigate some impact of high raw material prices. EBITDA is at Rs. 416 crore as compared to Rs. 495 crore in the previous year mainly on account of increase in raw material prices and normalisation of Selling & Admin expenses in FY22 as compared to FY21. Profit after Tax is at Rs. 233 crore as compared to Rs. 292 crore in the previous year. Commenting on the results and performance, Mr. Ramesh Kumar Dua, Managing Director said: “The year gone by posed several challenges to the business and industry due to the disruptions caused by the second wave and the omicron variant of COVID 19. Margins were affected by dual impact of substantial increase in raw material prices and normalisation of selling, marketing and admin expenses in FY 22 in comparison to FY 21 being Covid 19 pandemic year. In these challenging times as well, we stood by our dealers & distributors and offered extra support to safeguard their margin towards GST rate differential. Despite all these, the company recorded revenue growth of 12% YoY which is a testimony of being the most trusted brand, having consumer centric approach, continuous product innovation and strong execution. The inflationary pressure across the Globe swindles almost everybody and we are no exception. Therefore, going forward, in view of no immediate relief from continual extraordinary inflation, we remain cautiously optimistic on the basis of strong recovery across categories specially in the high value closed footwear category after opening up of offices, schools & colleges. We continue to derive strength from our robust business model, strong balance sheet with negligible net debt, professional management team. We believe that we are well positioned in the footwear marketplace by providing the right ‘price value’ equation to our customers while making sure our products remain affordable and accessible. We remain committed to all our stakeholders by creating a strong foundation for the future which can provide us sustainable and profitable growth for the long term” Result PDF12-05-2022
RELAXO FOOTWEARS LTD.-$ - 530517 - Intimation Of Reappointment Of M/S Chandrasekaran Associates As Secretarial Auditor For The Financial Year 2022-23
Intimation of reappointment of M/s Chandrasekaran Associates as Secretarial Auditor for the Financial Year 2022-2311-05-2022
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Change in Directorate
Intimation of reappointment of Mr. Nikhil Dua subject to approval of Shareholders, who retires by rotation and being eligible offers himself for reappointment,11-05-2022
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
Intimation of appointment of Statutory auditor subject to the approval of shareholders11-05-2022
RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press release on the audited financial results for the quarter and year ended on 31st March, 202211-05-2022
Relaxo Footwears Q4 net profit falls 38% to Rs 63 cr; revenue declines 6.6%
Relaxo Footwears Ltd on Wednesday reported a decline of 38.40 per cent in its net profit at Rs 62.93 crore for the fourth quarter ended March 2022. It had posted a net profit of Rs 102.17 crore in the January-March quarter of the preceding fiscal, Relaxo Footwears said in a regulatory filing. Its revenue from operations was down 6.61 per cent to Rs 698.19 crore during the period under review as against Rs 747.68 crore in the corresponding period of the previous fiscal. The company's total expenses were at Rs 619.66 crore, up marginally 0.43 per cent in Q4 FY22, as against Rs 616.96 crore a year ago. For the entire financial year ended on March 31, 2022, Relaxo Footwears' net profit was down 20.19 per cent at Rs 232.68 crore. It had reported a net profit of Rs 291.56 crore in 2020-21. Revenue from operation stood at Rs 2,653.27 crore in 2021-22. This was 12.46 per cent higher than Rs 2,359.15 crore in FY21. Meanwhile, in a separate filing, Relaxo Footwears said its board in a meet11-05-2022