Relaxo Footwears News

Relaxo Footwears cancels 2,200 stock options

Relaxo Footwears Limited cancelled 2,200 vested but unexercised stock options from one employee under its 2014 ESOP plan after the prescribed exercise period lapsed.

Relaxo Footwears Q3FY26 Results Show Mixed Performance

Relaxo Footwears reports marginal revenue growth of 0.17% YoY to ₹668.03 crore in Q3FY26, but faces margin pressure with EBITDA declining 16.79% and PAT dropping 19.60% compared to previous year.

Relaxo Footwears Reports 7.5% Revenue Decline in Q2 FY26 Amid GST Transition Challenges

Relaxo Footwears' revenue dropped to INR 629 crores in Q2 FY26 from INR 679 crores in Q2 FY25, primarily due to demand softness and delayed purchases ahead of GST 2.0 implementation which reduced tax rates on footwear below INR 2,500 from 12% to 5%. The company maintained stable EBITDA margins at 12.9% and improved PAT margins to 5.8%, with management expecting gradual recovery from Q4 FY26 as channel inventory normalizes and the new GST framework enhances competitiveness against unorganized players.

Relaxo Footwears Outlines Growth Strategy Focused on Premium Segments and Operational Efficiency

Relaxo Footwears has outlined its growth strategy centered on premium and sportswear segments while expanding its retail network across India and e-commerce sales. The company plans to improve product mix and invest in automation and supply chain efficiency to maintain double-digit volume growth.