Relaxo Footwears Limited is a new Indian multinational footwear manufacturing company, based in New Delhi. The company is India’s largest footwear manufacturer by volume and the second largest by revenue.
The company mainly sells its products under 10 brands, which include Flight, Sparks, Bahamas and Schoolmate.The company signs Bollywood actors like Salman Khan, Akshay Kumar, Katrina Kaif and Sonakshi Sinha to endorse its brands.
The company sells products through retail outlets, exports and e-commerce. For this, it has a large distribution network, along with which it has the largest distribution network in the country in the footwear industry, which includes about 60k retailers, more than 600 distributors and about 380 exclusive brand outlets.
Along with this, the company is also quite active on e-commerce platforms and also sells its products on e-commerce portals. Due to its quality products and affordable prices, its Relaxo brand has become the first choice of millions of people in more than 25 countries across the world.
The stock of Relaxo Footwears was listed in BSE in November 1999, at the time of listing the price of one share of this company was approximately ₹ 1.45. Which is currently trading around ₹ 899.65.
And if we look at the returns since the listing of Relaxo Footwears on BSE, it is approximately 61,519.86% growth. Which shows a huge growth.
Relaxo Footwears stock has been a multibagger stock of 2009 and 2012. Which has given a good return to its investors at that time, the company’s stock has given a return of about 450% in 2009 and has increased the investors’ money by almost 5x.
In 2012 also, with good returns, it has made its investors’ money almost 3.5x times.Like every stock with good returns, it has also seen a decline.
Talking on yearly basis, the biggest decline in this stock so far was about -65.40%, which happened in 2001, however in 2018 once again this stock declined which was about -56.47%.
Relaxo Footwears Share Returns: Compounded & Absolute
If we look at the growth in Relaxo Footwears share in the last 3 years, it has seen a growth of approximately 33.85%. If we look at its returns in the last 5 years, Relaxo Footwears Share has given a return of approximately 126.11% to its investors.
In this way, this company has been giving a good return to its investors for a long time. Those investors who would have invested ₹ 1 lakh in the stock of Relaxo Footwears Shares 10 years ago, today the value of their ₹ 1 lakh shares has increased to approximately ₹ 20.90 lakh.
Relaxo Footwears Stock has seen a CAGR growth of 52.28% in the last 15 years.Since its listing, it has given good returns to its investors, on annual average this return is around 31.06%.
Relaxo Footwears Share’s all-time Performance
Relaxo Footwears Ltd. Was listed in B.Sc in 1999. And the company has been performing well since its listing and has given an excellent return to its investors, because at the time of listing the price of one share of the company was trading around ₹ 1.46, today it has increased to around ₹ 1.46. 899.50 INR, and has given returns of approximately 61,519.86% to its investors since its listing.
If we look at the returns of the company since its listing on an annual basis, Relaxo Footwears Limited shares have given an annual return of approximately 31.06% to its investors.
In this way, the company has always been performing well and even today the share value of the company seems to be trading at its best level. However, investors should consult their financial advisor before making any investment.
Relaxo Footwears Share 5 Years Performance
The stock of Relaxo Footwears has also seen excellent performance in the last five years. Five years ago, the price of one share of the company was around ₹ 397.88.
During this period, its stock price has given a return of approximately 126.11% to its investors in the last 5 years, so that those investors who had invested ₹ 1 lakh in this company five years ago, today the value of their shares has increased.
Approximately ₹₹2.20 lakh has been spent. And in these last 5 years, the stock price of the company has seen a CAGR growth of about 17.65%.
Relaxo Footwears Share 10-Year Performance
Relaxo Footwears has been making good returns to its investors since its listing. Today, where 10 years ago the price of one share of the company was trading at ₹ 42.50, today it has increased to ₹ 899.50.
The price of shares of those investors who had invested ₹ 1 lakh in this stock 10 years ago and kept it on hold till now, has increased to about ₹ 20.94 lakh today. And in the last 10 years, the stock price of the company has seen a CAGR growth of 35.40%.
What is Relaxo Footwears Limited?
Relaxo Footwears Limited is a leading footwear company in India with a strong presence in the domestic market.
When was Relaxo Footwears Limited founded?
Relaxo Footwears Limited was founded in 1978.
Where is Relaxo Footwears Limited headquartered?
Relaxo Footwears Limited is headquartered in New Delhi, India.
What are Relaxo Footwears Limited’s core values?
Relaxo Footwears Limited’s core values are innovation, quality, customer satisfaction, and sustainability.
What types of footwear products does Relaxo Footwears Limited manufacture and sell?
Relaxo Footwears Limited manufactures and sells a wide range of footwear products, including slippers, sandals, flip-flops, casuals, formals, and sports shoes.
How can I contact Relaxo Footwears Limited customer service?
You can contact Relaxo Footwears Limited customer service by phone, email, or through their website.
What is Relaxo Footwears Limited’s return policy?
Relaxo Footwears Limited has a 7-day return policy for most products.
What is Relaxo Footwears Limited’s exchange policy?
Relaxo Footwears Limited has a 7-day exchange policy for most products.
Where can I find more information about Relaxo Footwears Limited?
You can find more information about Relaxo Footwears Limited on their website (https://www.relaxofootwear.com/) and social media channels.