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Relaxo Footwears (RELAXO) investor relations material
Relaxo Footwears Q1 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Q1FY26 revenue declined 12.5% year-over-year to ₹654.5 Cr, with PAT up 10.2% to ₹48.9 Cr and EBITDA margin improving to 15.2%.
FY25 revenue was ₹2,789.6 Cr, down 4.3% from FY24, with PAT at ₹170.3 Cr, a 15% decrease year-over-year.
Board approved unaudited Q1FY26 results with an unmodified limited review report.
The company maintains a diversified product portfolio and strong distribution network, with 406 exclusive outlets and exports to 36 countries.
Volume in Q1FY26 rose to 5.0 Cr pairs from 4.3 Cr in Q1FY25, but average realization per pair fell to ₹150.
Financial highlights
Q1FY26 EBITDA was ₹99.5 Cr, up 0.6% year-over-year; PAT margin improved to 7.5%.
FY25 EBITDA was ₹382 Cr (down 6.1% year-over-year), with EBITDA margin at 13.7%.
FY25 net worth increased to ₹2,098 Cr; net debt reduced to ₹151 Cr.
FY25 capex was ₹62 Cr; cash generated from operations was ₹464 Cr.
FY25 brand-wise revenue: Flite 40%, Sparx 37%, Hawai 23%.
Outlook and guidance
Management highlights industry growth drivers, including rising demand for sports shoes, digital transformation, and sustainability trends.
The organized segment in Indian footwear is expected to outpace overall industry growth.
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