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Redmax Footwears Ltd (537524)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 537524 NSE: Trading | Small Cap | Redmax Footwears Share Price

₹0.97 0.00 (0.00%)

As on 28-May'24 15:31

Redmax Footwears Ltd (537524)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 537524 NSE: Trading | Small Cap | Redmax Footwears Share Price

₹0.97 0.00 (0.00%)

As on 28-May'24 15:31

Key Metrics
Valuation Multiples
Market Cap
₹1 Cr.
Current Price
₹1
52-Week Low / High
₹1 / 1
TTM EPS
₹-1.3
TTM Sales
₹0.8 Cr.
Book Value per Share
-
P/E Ratio
0.00
Industry PE
35.7
Price to Book (P/B)
0.00
Price to Sales (P/S)
1.24
Lower than its 5-year historical median
EV/EBITDA
-24.18
In line with its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Underperforms industry median
Return on Capital Employed (ROCE)
-70.07%
Underperforms industry median
Return on Assets (ROA)
-51.42%
Operating Profit Margin
-1,005%
Net Profit Margin
-1460.91%
Gross Profit Margin
-1,006.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
-
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
49.13%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-14 Cr.
Equity
₹1 Cr.
Face Value
₹1
All Time Low / High
₹0.34 / 44.35

Redmax Footwears stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Redmax Footwears Ltd a good quality company?
Redmax Footwears Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Redmax Footwears Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Redmax Footwears Ltd vs industry peers?
Redmax Footwears Ltd revenue CAGR is -80.84%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Redmax Footwears Ltd?
Promoters hold 49.13% of the Redmax Footwears Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Redmax Footwears Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -22.2% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Redmax Footwears Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'23Mar'24Mar'25TTM
ROCE % 1.8%0.6%2.3%8.5%1.1%-152.2%-17.9%-5.8%-56.6%-70.1%-
Value Creation
Index
-0.9-1.0-0.8-0.4-0.9NANANA-5.0NA-

Growth Parameters

Sales 032.740.610477.411.63.60001
Sales YoY Gr.-NA24.2%156.1%-25.6%-85%-69.2%-100%NANA-
Adj EPS 00-00.10-2.3-0.2-0.1-0.3-0.3-1.3
YoY Gr.-NANANA-90%-22900%NANANANA-
BVPS (₹) 0.31.21.21.72.2-0.1-0.2-10.1-0.20
Adj Net
Profit
00-010.1-25-1.7-0.7-0.3-0.3-1
Cash Flow from Ops. -0.3-10.1-1.6-7.1-1.3-8.6-3.3020.60.5-
Debt/CF from Ops. 0-0.1-0.90-0.6-1.1-3.6000.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA-80.8%-82.3%NA
Adj EPS NA-290.4%NANA
BVPS-196.4%-163.8%NA-330%
Share Price -22.6% -6.1% 16.1% -

Key Financial Parameters

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'23Mar'24Mar'25TTM
Return on
Equity %
1.50.2-0.16.70.5-219.892.19.54.9385.31121.7
Op. Profit
Mgn %
0-0.5-11.50.8-214.2-4500-1005NAN
Net Profit
Mgn %
00-010.1-215.4-46.100-1142.7-165.4
Debt to
Equity
00.10.100-8.2-4.7-17.9-1.3-
Working Cap
Days
01062111562418381,153008,4210
Cash Conv.
Cycle
082428643607800-1090

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'23Mar'24Mar'25
Sales032.7140.62104.0277.4011.613.58000.02
Operating Expenses + 0.2532.8641.07102.4576.7936.495.230.200.280.24
Manufacturing Costs0.010.240.510.058.528.770.36000
Material Costs030.3734.9576.3059.7820.252.97000.02
Employee Cost 00.762.622.673.252.220.39000.02
Other Costs 0.241.492.9823.445.255.251.520.200.280.20
Operating Profit -0.25-0.15-0.441.570.60-24.88-1.65-0.20-0.28-0.22
Operating Profit Margin (%) --0.5%-1.1%1.5%0.8%-214.0%-46.2%---1,005.0%
Other Income + 0.330.261.030.170.070.260.20000
Exceptional Items -0.02-00000000-0.10
Interest 00.030.220.020.090.070.02000
Depreciation 0.010.060.270.350.440.320.090.0700
Profit Before Tax 0.050.020.101.370.15-25.01-1.56-0.27-0.28-0.32
Tax 0.020.010.040.330.0400.100.3900
Profit After Tax 0.030.010.061.040.11-25.01-1.66-0.65-0.28-0.32
PAT Margin (%) -0.0%0.2%1.0%0.1%-215.0%-46.5%---1,460.9%
Adjusted EPS (₹)0.00.00.00.10.0-2.3-0.2-0.1-0.3-0.3
Dividend Payout Ratio (%)0%0%0%51.90%0%0%0%0%0%0%

Valuation of Redmax Footwears - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 2.9112.9212.9818.2723.85-1.13-2.46-11.380.10-0.23
Share Capital 3.063.5610.6710.8110.9610.9611.0211.0211
Reserves -0.159.362.327.4612.89-12.08-13.48-22.41-0.90-1.23
Debt +00.801.3800.789.2411.5511.520.750.30
Long Term Debt00000.789.2411.55000
Short Term Debt00.801.38000011.520.750.30
Minority Interest0000000000
Trade Payables06.4914.2938.3516.284.8120.7200.04
Others Liabilities 0.061.751.495.812.490.420.482.250.260.03
Total Liabilities 2.9721.9630.1462.4343.3913.3411.583.111.110.14

Fixed Assets

Net Fixed Assets +0.140.260.690.670.920.610.720.1100
Gross Block0.150.331.031.322.012.022.221.8200
Accumulated Depreciation0.010.070.340.651.091.411.501.7100
CWIP 0000000000
Investments 2.351.081.180.780.780.780.02000
Inventories000.429.9514.1000.490.5300
Trade Receivables0.188.0218.2042.0218.114.052.610.6600
Cash Equivalents flag 0.121.900.080.140.170.130.050.190.110.13
Others Assets 0.1910.709.578.889.317.777.691.6110.02
Total Assets 2.9721.9630.1462.4343.3913.3411.583.111.110.14

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -0.26-10.11-1.60-7.14-1.30-8.58-3.25020.590.48
PBT 0.070.020.101.370.15-25.01-1.560-0.28-0.32
Adjustment -00.060.270.350.440.250.13021.780
Changes in Working Capital -0.3-10.17-1.93-8.53-1.7616.18-1.820-0.910.8
Tax Paid -0.02-0.02-0.04-0.34-0.1300000
Cash Flow From Investing Activity + 0.3410.59-0.790.07-0.69-0.010.5400.110
Capex -0.15-0.18-0.70-0.33-0.68-0.02-0.2200.110
Net Investments 0.491.27-0.090.40-0.0100.76000
Others 09.5000000000
Cash Flow From Financing Activity + -0.021.300.587.122.038.552.630-20.79-0.45
Net Proceeds from Shares 00.5008.501.2500.330-10.020
Net Proceeds from Borrowing 0000000000
Interest Paid 00000-0.07-0.020-0-0
Dividend Paid 0000000000
Others -0.020.800.58-1.380.788.612.320-10.77-0.45
Net Cash Flow 0.071.78-1.820.060.03-0.04-0.080-0.090.02

Financial Ratio

PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'23Mar'24Mar'25
Ratios
ROE (%)1.040.140.496.660.51N/AN/AN/A0N/A
ROCE (%)1.80.562.288.531.1N/AN/AN/A-56.6N/A
Asset Turnover Ratio02.621.562.251.460.410.29000.04
PAT to CFO Conversion(x)-8.67-1011-26.67-6.87-11.82N/AN/AN/AN/AN/A
Working Capital Days
Receivable Days045.70117.80105.70141.80348.30339.60000
Inventory Days003.8018.2056.70050.30000
Payable Days078108.50125.90166.80190418.6000352.30

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Redmax Footwears Ltd FAQs

The current trading price of Redmax Footwears on 28-May-2024 15:31 is ₹0.97.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 27-May-2024 the market cap of Redmax Footwears stood at ₹0.97 Cr

The latest P/E ratio of Redmax Footwears as of 27-May-2024 is 0.00.

The latest P/B ratio of Redmax Footwears as of 27-May-2024 is 0.00.

The 52-week high of Redmax Footwears is ₹0.98 and the 52-week low is ₹0.96.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Redmax Footwears is ₹0.78 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Redmax Footwears Ltd is a below average quality company.

The key valuation ratios of Redmax Footwears Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Redmax Footwears Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Redmax Footwears Ltd

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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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