FINVESTEDGE - Stock Screener

Dear Investor,

This stock has sustained double-digit volume growth in the last few quarters despite the overall consumption decline, particularly in the rural market. Capacity expansion, investment behind its brands, sustained volume growth and increasing presence in untapped markets would be key growth drivers for this company in the near to medium term.

Good Quality Company on basis of its long term financial performance.

Company has reduced debt.

Company is virtually debt free.

Company has been maintaining a healthy dividend payout of 12.72%

Long-term investors should use dips wisely to accumulate the stock as it has a 5% share in the footwear industry space and thus, has a huge scope for expansion going ahead.

Stock Returns:

6 Months - 21.76%

1 Year – 11.07%

3 Years – 114.60%

5 Years – 303.04%

Source: Screener

Company Details:

Relaxo Footwears Ltd

Relaxo is a leading footwear company in India with a turnover of over Rs. 2,000 crore.

It has 10 manufacturing facilities across northern India with a capacity of over 7.5 lakhs units per day.

It has a wide distribution reach of 35,000-40,000 stores.

The company’s product portfolio also includes bags, clutches, socks and shoe care products.

MARKET CAPITAL:

Relaxo Footwears Ltd is a Mid Cap Company having a market cap of ₹ 11,433 Crore

SECTOR:

The Company is operating in LEATHER PRODUCTS sector.

QUARTERLY RESULTS:

SALES:

For the quarter ended 30-06-2019, the company has reported a Consolidated Sales of ₹ 648 Crore, up 15.30% from last year same quarter Sales of ₹ 562 Crore and the last quarter Sales was ₹ 636 Crore.

NET PROFIT:

Company has reported Net Profit after tax of ₹ 50 Crore in latest Quarter, up 8.69% from last year same quarter Net Profit of ₹ 46 Crore and the last quarter Net Profit was ₹ 54 Crore.

Stock Price Details:

CMP – ₹ 460.80

Book Value – ₹ 44.54

Face Value - ₹ 1

Price History:

1-Year Beta – 0.42

52 Week High – ₹ 499.

52 Week Low - ₹ 332.15

Shareholding

Promoter and Promoter Group - 71.02%

Foreign Institution - 2.69%

Mutual Funds & Financial Institutions / Banks : 6.15%

General Public - 20.14%

Mutual Fund Holding

Held in Mutual Fund schemes which include -

1. SBI Focused Equity Fund (G)

2. SBI Equity Hybrid Fund (G)

3. DSP Equity & Bond Fund - Regular Plan (G)

4. SBI Small Cap Fund (G)

Valuation:

Stock P/E - 63.78

Price to book value – 10.35

Return on Equity:

10 Years – 24.04%

5 Years – 23.28%

3 Years – 21.08%

Compounded Sales Growth

10 Years – 18.85%

5 Years – 14.21%

3 Years – 11.18%

TTM – 17.21%

Compounded Profit Growth

10 Years – 28.28%

5 Years – 21.43%

3 Years – 13.98%

TTM – 5.64%

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Happy Investing!

FINVESTEDGE