Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Relaxo may find it difficult to fully pass on the rise in costs, which is likely to weigh on margins in the near term

Relaxo Footwears has a rocky road to climb

Results Review For Avenue Supermarts, Relaxo Footwears, Vinati Organics, JMC

Relaxo Footwears Q4 Review - Subdued Demand, Cost Inflation Worrisome: IDBI Capital

ICICI Direct recommended hold rating on Relaxo Footwears with a target price of Rs 1100 in its research report dated May 16, 2022.

Hold Relaxo Footwears; target of Rs 1100 : ICICI Direct

Stocks in news: Punjab National Bank, Ultratech,Indian Bank, Tata Motors, Larsen & Toubro, Relaxo Footwears, Pfizer, NCC and more

Stocks in news: PNB, Tata Motors, Larsen & Toubro, NCC and more

Relaxo Footwears Ltd registered volume of 7.24 lakh shares by 14:14 IST on NSE, a 7.78 fold spurt over two-week average daily volume of 93023 shares

Volumes spurt at Relaxo Footwears Ltd counter

The shoe manufacturer reported a net profit of 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 tanks 10% after muted earnings in March quarter

In Q4FY22, EBITDA margin was down 596 bps to 15.9% due to steep increase in raw material prices and extra support to trade towards GST rate differential on inventory.

Relaxo Footwears slips 10% on weak March quarter results

Shares of Relaxo Footwears lost 6.64% to Rs 960 after the footwear maker posted a 38.4% decline in net profit to Rs 62.93 crore in Q4 FY22 from Rs 102.17 crore recorded in Q4 FY21.

Relaxo Footwears declines after Q4 PAT falls 38% YoY

Relaxo Footwear Standalone March 2022 Net Sales at Rs 698.19 crore, down 6.62% Y-o-Y

BSE: Consolidated net profit rose 128.68% to Rs 74.48 crore and sales rose 34.44% to Rs 204.59 crore in Q4 March 2022 over Q4 March 2021.

BSE, Relaxo, PNB, L&T will be in spotlight

Relaxo Footwears Limited is engaged in the manufacturing and trading of footwear and related products.

Relaxo Footwears Ltd

Relaxo Footwears Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Relaxo Footwears has a rocky road to climb

Results Review For Avenue Supermarts, Relaxo Footwears, Vinati Organics, JMC

Relaxo Footwears Q4 Review - Subdued Demand, Cost Inflation Worrisome: IDBI Capital

Hold Relaxo Footwears; target of Rs 1100 : ICICI Direct

Stocks in news: PNB, Tata Motors, Larsen & Toubro, NCC and more

Volumes spurt at Relaxo Footwears Ltd counter

Relaxo Footwears tanks 10% after muted earnings in March quarter

Relaxo Footwears Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Relaxo Footwears has a rocky road to climb

Results Review For Avenue Supermarts, Relaxo Footwears, Vinati Organics, JMC

Relaxo Footwears Q4 Review - Subdued Demand, Cost Inflation Worrisome: IDBI Capital

Hold Relaxo Footwears; target of Rs 1100 : ICICI Direct

Stocks in news: PNB, Tata Motors, Larsen & Toubro, NCC and more

Volumes spurt at Relaxo Footwears Ltd counter

Relaxo Footwears tanks 10% after muted earnings in March quarter

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock