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Relaxo Footwears aims 20% growth in top-line in FY15

19 Feb 2015 Evaluate

Relaxo Footwears is aiming 20 per cent growth in its top-line in 2014-15. Last fiscal, the footwear firm reported a turnover of Rs 1,200 crore. In the organised sector, the company has a share of 10 per cent. The firm has a network of over 200 exclusive retail outlets, mostly concentrated in the northern region.

Further, the company is planning to open exclusive outlets in the eastern region as well but plans have not been firmed up. The eastern zone contributes 15-18 per cent to the company’s total turnover.

Relaxo Footwears is one of India’s most quality conscious and progressive footwear companies. It started off with manufacturing of Hawaii slippers and subsequently diversified into manufacturing casuals, joggers, school and leather shoes.

 

Peers
Company Name CMP
Bata india 640.00
Relaxo Footwears 299.50
Campus Activewear 212.00
Superhouse 171.95
Liberty Shoes 234.00
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