Relaxo Footwears Limited announced its financial results for the fourth quarter and full financial year ended March 31, 2026. The company reported a revenue from operations of ₹751 crore for Q4 FY26, an increase of 8.1% year-on-year from ₹695 crore in Q4 FY25. This growth was attributed to strong volume growth, a recovery in general trade, and continued expansion in retail, e-commerce, and large-format retail channels. EBITDA for the quarter stood at ₹124 crore, a 10.6% year-on-year increase, with EBITDA margins at 16.5%, up from 16.1% in the previous year. Profit after tax (PAT) for Q4 FY26 grew by 20.4% to ₹68 crore from ₹56 crore in Q4 FY25, with PAT margins expanding by 92 basis points to 9.0%. For the full financial year FY26, revenue from operations was ₹2,702 crore, compared to ₹2,790 crore in FY25. EBITDA for FY26 was ₹374 crore, with an EBITDA margin of 13.8%. PAT for FY26 stood at ₹179 crore, a 5.3% increase from ₹170 crore in FY25, and PAT margin improved to 6.6% from 6.1%. The company management expressed cautious optimism for FY27, acknowledging potential inflationary pressures but committed to sustainable performance. During the earnings call, management discussed passing on price increases of 15-18% to offset cost inflation, which they estimated at 15-20% on the cost side. They also highlighted plans for premiumization, expanding the product mix with higher price points, and opening 100 new Exclusive Business Outlets (EBOs) with a planned capex of ₹180-200 crore for FY27. The company aims to improve operating margins by over 1% from the previous year's 13.8%.
