Skip to content
Intrinsic value · Buy/Sell verdict · scores — free· 1038 Indian stocks· EOD 2026-09-25

Relaxo Footwears Limited

RELAXONSEConsumer Cyclical
₹297
+5.30 (+1.82%)
Sell

Financial trend (60/100) does the heavy lifting; valuation (4/100) is the drag.

ExpensiveOvervalued
The bottom line

Relaxo Footwears Limited earns a Sell from StocksWizard, with a blended score of 31/100. We put fair value near ₹180.54; at ₹297 that leaves roughly 39% downside, so the stock screens overvalued by 39%. On 51.1x trailing earnings it sits pricier than the Consumer Cyclical median of about 27.7x. The price is about 33% below its 52-week high of ₹443.5 and 26% above the low of ₹235.25. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9. The average analyst target of ₹380.8 implies about 28% upside across 10 analysts. It clears 5 of 13 investability checks, with durability 54, valuation 7 and momentum 10 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹180.54down 39.21%
Overvalued by 39%
Price ₹297Range ₹148.5–₹205.93
DCF + relative blendhigh confidence

With a 20% margin of safety, our buy-below price is ₹144.43.

Analyst views

10 analysts5 buy · 2 hold · 3 sell
12-month consensus target₹380.8up 28.22%

1-year price

EOD · 2026-09-25
1D
up 1.82%
1W
up 1.97%
1M
down 15.66%
3M
down 25.98%
6M
up 20.26%
1Y
—

52-week range

-33.03% from the 52-week high.

Trend check
Below 50-DMA₹364Below 200-DMA₹347

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Sell31
A
Financial health 100/100
Altman Z 8.66 · Safe zone

Piotroski F-score 4/9 — quality of earnings & balance sheet.

Our scores

Durability54
Valuation7
Momentum10

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 5 of 13 checks
Each check screens one fundamentals, valuation or trend signal.
  • Fail: ROE above 15%: 8.3%
  • Pass: Low debt (D/E < 0.5): 0.11x
  • Pass: Positive free cash flow
  • Fail: Revenue growth > 10%: 8%
  • Pass: Earnings growing: 21%
  • Fail: Net margin ≥ 10%: 6.6%
  • Pass: Current ratio > 1.5: 2.33
  • Fail: Below our fair value
  • Fail: Margin of safety ≥ 20%
  • Fail: Above 200-day average
  • Fail: Above 50-day average
  • No data: Positive 1-year return
  • Pass: Altman Z in safe zone: Z 8.66
  • Fail: Piotroski ≥ 7: 4/9

Quarterly results

Revenue · 1Q2026
₹751 Cr
Net profit
₹68 Cr
Margin
9%
2Q2025
3Q2025
4Q2025
1Q2026
Revenue Net profitLatest revenue QoQ +12%

Annual financials

Revenue · 2026
₹2,702 Cr
Net profit
₹179 Cr
Margin
7%
2023
2024
2025
2026
Revenue Net profitLatest revenue YoY -3%

Shareholding

  • Promoter71.3%
  • Institutions11.6%
  • Public & other17.0%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹9,185 Cr
P/E ratio
51.1
P/B ratio
4.16
EPS (TTM)
₹7.22
ROE
8.3%
Debt / Equity
0.11x
Profit margin
6.6%
Free cash flow
₹165 Cr
52-week high
₹443.5
-33.03% from high
52-week low
₹235.25
Dividend yield
1.0%
Beta
0.63
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Lightly leveraged balance sheet.
  • Financially solid — Altman Z 8.66.

Opportunities

  • Earnings growing (21% YoY).

Bear case

Weaknesses

  • Price below its 200-day moving average (downtrend).

Threats

  • Rich valuation versus sector peers.
  • Trades ~39% above our estimated fair value.

About Relaxo Footwears Limited

Relaxo Footwears Limited manufactures and sells footwear for men, women, and children across India and internationally. Its product range includes casual, running, athleisure, walking, sneakers, formal, sports, school, training, and gym shoes, along with slippers, sandals, flip flops, slides, chappals, and clogs. The company operates multiple brands including Relaxo, Bahamas, Flite, Sparx, BOSTON, Mary Jane, Schoolmate, and KidsFun.

Relaxo Footwears Limited — frequently asked questions

Is Relaxo Footwears Limited a buy, hold or sell?

StocksWizard currently rates Relaxo Footwears Limited (RELAXO) a Sell, based on a blended score of 31/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Relaxo Footwears Limited's fair value?

Our blended DCF and relative-valuation model estimates Relaxo Footwears Limited's fair value at about ₹180.54, versus a current price of ₹297 — roughly 39% downside. On that basis the stock looks overvalued by 39%.

Is Relaxo Footwears Limited financially healthy?

Relaxo Footwears Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9.

How has Relaxo Footwears Limited's share price performed?

Relaxo Footwears Limited is down 26% over three months, and last traded at ₹297. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.