Relaxo Footwears Limited · NSE:RELAXO
Relaxo Footwears — Q3 FY26 Earnings Presentation
33 slides from Relaxo Footwears's earnings presentation, Jan 30, 2026
Slide 1: Exchange cover letter for investor presentation
January 30, 2026 BSE Limited National Stock Exchange of India Limited, Corporate Relationship Department Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, C–1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code – 530517 Symbol – RELAXO
Slide 2: Investor Presentation Q3 & 9M FY26
INVESTOR PRESENTATION Q3 & 9M FY26 January 2026
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Relaxo Footwears Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secu
Slide 4: Index
Index Page No. 1. Company Overview 04 2. Quarterly Performance at a Glance 11 3. Annual Financial Highlights 16 4. Industry Overview 24 5. Key Strengths 26 6. Annexures 28 Slide 3 of 31
Slide 5: Company Overview
Company Overview
Slide 6: Moving Forward, Gaining Momentum
Moving Forward, Gaining Momentum 8 Slide 5 of 31
Slide 7: Diversified Portfolio with Strong Identities
Diversified Portfolio with Strong Identities It’s In Me Slide 6 of 31
Slide 8: Efficient Customer Reach across Channels
Efficient Customer Reach across Channels Distribution Channels ~550 (Active) ~70,000+ Pan-India Distributors Retailers/ Multi-Brand Outlets 412 Exclusive Brand Outlets (EBOs) ~37 1 Countries Exported to Overseas office in Dubai Slide 7 of 31
Slide 9: Sustained Manufacturing Excellence, Certification & Innovation
Sustained Manufacturing Excellence, Certification & Innovation Strong in-house manufacturing capabilities Committed to provide Best in Class footwear • In-house manufacturing helps in maintaining the end to end quality 9 ~10.5 Lakh • Monitor every stage of the manufacturing process – Designing Manuf
Slide 10: Distinguished Board of Directors
Distinguished Board of Directors Executive Directors Independent Directors Ramesh Kumar Dua , Chairman & Managing Director Kuldip Singh Dhingra, Independent Director • 48 years of experience in strategy, sales and marketing, production and new product development in the footwear industry • 51 years
Slide 11: And a Strong Management Team
And a Strong Management Team Ritesh Dua, Executive Vice President - Finance Nitin Dua, Executive Vice President - Retail MBA having over 24 years of experience in Finance, HR & IT MBA having over 20 years of experience in Retail Business Rahul Dua, Executive Vice President - Manufacturing Prince Jai
Slide 12: Quarterly Performance at a Glance
Quarterly Performance at a Glance
Slide 13: Q3 & 9M FY26 Financial Highlights – Profit and Loss (1/2)
Q3 & 9M FY26 Financial Highlights – Profit and Loss (1/2) Revenue (₹ in Cr.) No. of Pairs sold (in Cr.) 13.2 2,094 12.5 1,951 4.0 4.0 667 668 Q3FY25 Q3FY26 9MFY25 9MFY26 Q3FY25 Q3FY26 9MFY25 9MFY26 Average Realization per pair (in ₹) 500 EBITDA (₹ in Cr.) & Margin (%) 20. 0% 450 18. 0% 400 16. 0% 35
Slide 14: Q3 & 9M FY26 Financial Highlights – Profit and Loss (2/2)
Q3 & 9M FY26 Financial Highlights – Profit and Loss (2/2) 200 EBIT (₹ in Cr.) & Margin (%) 15. 0% PBT (₹ in Cr.) & Margin (%) 8.1% 8.5% 15. 0% 200 13. 0% 7.4% 13. 0% 150 11. 0% 7.7% 11. 0% 150 9.0 % 9.0 % 7.0 % 100 7.0 % 170 100 166 151 155 5.0 % 7.5% 5.0 % 6.2% 6.7% 50 3.0 % 50 5.4% 3.0 % 50 41 1.0
Slide 15: Quarterly Trend – Profit and Loss (1/2)
Quarterly Trend – Profit and Loss (1/2) Revenue (₹ in Cr.) No. of Pairs sold (in Cr.) 695 4.5 4.3 667 668 4.0 4.1 4.0 654 629 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Average Realization per pair (in ₹) EBITDA (₹ in Cr.) & Margin (%) 140 20. 0% 16.1% 18. 0% 120 15.2% 16.
Slide 16: Quarterly Trend – Profit and Loss (2/2)
Quarterly Trend – Profit and Loss (2/2) 120 EBIT (₹ in Cr.) & Margin (%) 15. 0% 120 PBT (₹ in Cr.) & Margin (%) 15. 0% 13. 0% 13. 0% 100 100 11.6% 10.8% 11. 0% 11. 0% 80 10.9% 9.0 % 80 10.1% 9.0 % 7.5% 8.6% 6.7% 7.8% 60 7.0 % 60 7.0 % 6.2% 5.4% 81 5.0 % 5.0 % 71 75 40 40 66 50 54 49 3.0 % 3.0 % 20 4
Slide 17: Annual Financial Highlights
Annual Financial Highlights
Slide 18: Annual Financial Highlights – Profit and Loss (1/2)
Annual Financial Highlights – Profit and Loss (1/2) Revenue (₹ in Cr.) No. of Pairs sold (in Cr.) 19.5 17.1 17.8 2,783 2,914 2,790 FY23 FY24 FY25 FY23 FY24 FY25 Average Realization per pair (in ₹) EBITDA (₹ in Cr.) & Margin (%) 161 156 14.0% 148 13.7% 12.1% 407 382 336 FY23 FY24 FY25 FY23 FY24 FY25
Slide 19: Annual Financial Highlights – Profit and Loss (2/2)
Annual Financial Highlights – Profit and Loss (2/2) EBIT (₹ in Cr.) & Margin (%) PBT (₹ in Cr.) & Margin (%) 9.9% 9.2% 8.2% 9.0% 8.2% 7.5% 288 251 269 229 210 230 FY23 FY24 FY25 FY23 FY24 FY25 PAT (₹ in Cr.) & Margin (%) Cash PAT (₹ in Cr.) & Margin (%) 12.0% 11.8% 6.9% 10.1% 5.6% 6.1% 350 328 200 2
Slide 20: Annual Financial Highlights – FY25 Revenue Mix
Annual Financial Highlights – FY25 Revenue Mix Brand-Wise Revenue Mix Brand-Wise Volume Mix Hawai Flite Sparx Hawai Flite Sparx 16% 23% 40% 45% 39% 37% Channel-Wise Revenue Mix Region-Wise Revenue Mix * General Trade New Channel Retail Export North East West South 10% 5% 20% 10% 75% 10% 51% 19% * Fo
Slide 21: Annual Financial Highlights – Balance Sheet
Annual Financial Highlights – Balance Sheet (₹ in Cr.) Net Worth Net Debt ( 292 ) 2,098 ( 266 ) 2,001 ( 151 ) 1,855 FY23 FY24 FY25 FY23 FY24 FY25 Capex Cash Generated from Operations 232 456 464 174 302 62 FY23 FY24 FY25* FY23 FY24 FY25 * Net of Financial Assistance Slide 20 of 31
Slide 22: Annual Financial Highlights – Key Financial Ratios
Annual Financial Highlights – Key Financial Ratios ROE (%) ROCE (%) 10.4% 8.6% 14.7% 8.3% 12.5% 12.0% FY23 FY24 FY25 FY23 FY24 FY25 Current Ratio (x) Fixed Asset Turnover Ratio (x) 2.7 2.7 2.5 2.5 2.4 2.3 FY23 FY24 FY25 FY23 FY24 FY25 Slide 21 of 31
Slide 23: Statement of Profit & Loss – Q3 & 9M FY26
Statement of Profit & Loss – Q3 & 9M FY26 Particulars (₹ in Cr.) Q3FY26 Q3FY25 Y-o-Y Q2FY26 Q-o-Q 9MFY26 9MFY25 Y-o-Y Revenue from Operations 668.03 666.90 0.17% 628.54 6.28% 1,951.06 2,094.46 (6.85%) Other Income 10.96 6.80 12.26 34.54 18.87 Total Income 678.99 673.70 0.79% 640.80 5.96% 1,985.60 2,
Slide 24: Balance Sheet
Balance Sheet EQUITY AND LIABILITIES (₹ in Cr.) H1FY26 FY25 ASSETS (₹ in Cr.) H1FY26 FY25 Equity Non-Current Assets Equity Share Capital 24.89 24.89 Property, Plant and Equipment 955.68 959.75 Other Equity 2,084.60 2,073.18 Capital Work-in-Progress 74.64 53.21 2,109.49 2,098.07 Intangible Assets 9.4
Slide 25: Industry Overview
Industry Overview
Slide 26: Attractive dynamics of the Indian footwear industry
Attractive dynamics of the Indian footwear industry Indian Footwear Market is expected to grow at much faster pace as compared to Asia Pacific & Global Footwear Market Global Footwear Market Size Indian Footwear Market Size Improving share of Organised footwear Asia-Pacific Footwear Market market –
Slide 27: Key Strengths
Key Strengths
Slide 28: Key Strengths
Key Strengths Diversified Product Manufacturing Wide Distribution Product Innovation Portfolio Excellence Network Financial Resilience Distinguished Board Evolving Strong Corporate with Strong Credit and Management Macroeconomic Governance Profile ICRA AA (Long Term) Team Industry Growth drivers A1+
Slide 29: Annexures
Annexures
Slide 30: Awards and Accolades
Awards and Accolades Rotary India National CSR Sustainable Development Northern Region Export India’s Retail Champions Goals (SDG) Achievers Award Award 2025 (Northern Region) Excellence Award Awards 2023-24 under United Nations under the Mega Category – 2025 (Category - Footwear) 2025 SDG 4– Qualit
Slide 31: Being a Good Corporate Citizen
Being a Good Corporate Citizen Education Parivartan - Model School Project - Working upon the school infrastructure development & capacity building of teachers, students, SMC members, parents, as well as Community in 128 Govt. schools (118 in Haridwar & 10 in Dehradun district) directly impacting ap
Slide 32: Shareholding Pattern
Shareholding Pattern Shareholding as on 31st December, 2025 Total Shareholders – 2,32,872 2,32,741* (15.95%) Shareholder Information as on Promoter & Promoter Group 31st December 2025 Mutual Funds BSE Ticker 530517 10* (9.77%) Foreign Portfolio Investors NSE Ticker RELAXO 14* (71.27%) Others Market
Slide 33: Thank You
Thank You LY ALLAKO