Relaxo Footwears Declares Healthy Q1 FY27 Results; Revenue Grows by 7.7% Y-o-Y

Relaxo Footwears Declares Healthy Q1 FY27 Results; Revenue Grows by 7.7% Y-o-Y​

Relaxo Footwears Limited, identified as India's largest footwear manufacturing company, has announced its Unaudited Financial Results for the First Quarter (Q1) of Fiscal Year 2027. The company reported robust growth across key metrics, with revenue increasing by 7.7% year-on-year.

The results show a steady upward trajectory in profitability and operational efficiency for the quarter ended June 30, 2026.

Q1 FY27 Financial Performance Summary​

Relaxo Footwears reported significant figures across the first quarter of FY27:

• Revenue from Operations: Rs. 705 crores (up 7.7% compared to Rs. 654 crores in Q1 FY26).
• EBITDA: Rs. 108 crores, representing an 8.8% increase from the Q1 FY26 figure of Rs. 99 crores. The EBITDA Margin stood at 15.4%, up from 15.2% in Q1 FY26.
• Profit After Tax (PAT): Rs. 55 crores, showing a 12.4% growth compared to the Rs. 49 crores reported in Q1 FY26. The PAT Margin reached 7.8%, an increase from 7.5% in Q1 FY26.

The detailed financial performance across the quarters is presented below:

Strategic Outlook and Operational Highlights​

The company noted that the strong performance in Q1 FY27 was supported by broad-based growth across all sales channels.

Key highlights from the quarter include:

• Revenue of Rs. 705 crores, reflecting a 7.7% year-on-year increase compared to Rs. 654 crores in Q1 FY26.
• EBITDA reached Rs. 108 crores, achieving an 8.8% growth from the previous quarter's figure of Rs. 99 crores. The EBITDA Margin stood at 15.4%, an improvement over the 15.2% recorded in Q1 FY26.
• Profit After Tax was reported at Rs. 55 crores, registering a 12.4% growth from the Rs. 49 crores of Q1 FY26. The PAT Margin stood at 7.8%, up from 7.5%.

Management Commentary​

Commenting on the results and overall performance, Mr. Ramesh Kumar Dua, Chairman and Managing Director, stated that the company is "pleased to report a healthy start to FY27." He attributed the growth in Revenue, EBITDA, and Profit After Tax (growing by 7.7%, 8.8%, and 12.4% respectively) to resilient demand across channels, a trusted brand portfolio, wide distribution network, and disciplined execution.

Mr. Dua acknowledged an evolving external environment, including geopolitical uncertainties and elevated raw material prices, noting that the company maintained healthy operating performance through continued focus on cost optimization, product mix improvement, and operational efficiencies.

The Chairman emphasized expansion as a critical strategic priority, mentioning the ongoing work to strengthen the retail EBO network. Alongside upgrading existing outlets, the company is working toward expanding its retail footprint, aiming to approach the 500 store mark by year-end. This planned expansion aims to enhance consumer accessibility and deepen reach in markets where the brand's presence is currently limited or underpenetrated.

Looking ahead, Mr. Dua expressed optimism about the demand environment, noting that the combination of a strong brand portfolio, expanding retail network, continued focus on product innovation, and wide distribution positions the company well to capitalize on growth opportunities for all stakeholders.

RELAXO Stock Price Movement​

Today, shares of Relaxo Footwears Limited edged higher by 0.48% to close at ₹419.45, marking a positive performance for the company. The stock saw considerable trading volume, with 314,634 shares exchanged during the session.