Footwears Ltd., incorporated in the year 1984, is a Mid Cap company (having a market cap of Rs 24276.51 Crore) operating in Leather sector.
Relaxo Footwears Ltd. key Products/Revenue Segments include Footwear, Scrap, Others, Wind Power, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2021.
For the quarter ended 31-03-2022, the company reported a Standalone Total Income of Rs 704.10 Crore, down -5.99 % from last quarter Total Income of Rs 748.99 Crore and down -6.69 % from last year same quarter Total Income of Rs 754.57 Crore. Company reported net profit after tax of Rs 62.93 Crore in latest quarter.
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Relaxo has maintained healthy operating cash flow and asset turns. Moreover, its robust EBITDA Margins over the years have made it one of the most capital-efficient businesses in the industry. It believes a strong balance sheet with zero net debt and efficient working capital should help Relaxo prosper in the long run.
Promoters held 70.78 per cent stake in the company as of 31-Mar-2022, while FIIs owned 3.22 per cent, DIIs 6.94 per cent.
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