Icon times
Relaxo Footwears Limited Q1 FY22 Result Analysis

Relaxo Footwears Limited Q1 FY22 Result Analysis

Published on 05 August 2021 Views 131 Comments 0

Relaxo Footwears Limited, India’s largest footwear manufacturing company declared its Quarterly Results for Q1FY22 on Saturday 31st July 2021. Here is a brief analysis of the Q1FY22 result of the company.

Q1FY22 Result Analysis:

  • The Revenue from Operations of the company has increased 36.7% YoY from Rs. 364 Cr. in Q1FY22 to Rs. 497 Cr. in Q1FY22. Quarter on Quarter, the revenue from operations of the company has fallen by 33.5% from Rs. 748 Cr. in Q4FY21.
  • The strong revenue growth was due to the low base of Q1FY21 which was impacted due to complete nationwide lockdown till the first week of May.
  • The EBITDA of the company has grown in double-digit by 16% YoY to Rs. 66 Cr. in Q1FY22 against Rs. 57 Cr in Q1FY21. The EBITDA of the company has fallen drastically by around 59% QoQ from Rs. 163 Cr. in Q4FY21.
  • The EBITDA margin stood at 13.3% in Q1FY22 against 15.7% in Q1FY21 down by 240 bps YoY. Quarterly, the EBITDA margin of the company has decreased by whooping 870 bps from 22% in Q4FY21.
  • Fall in EBITDA Margin is mainly due to an increase in raw material prices and restoration of marketing and brand promotion expenses.
  • The Profit Before Tax (PBT) of the company has although increased by 24.5% YoY from Rs. 32 Cr. in Q1FY21 to Rs. 40 Cr. in Q1FY22. While the PBT of the company has fallen massively by 70.8% QoQ from Rs. 138 Cr. in Q4FY21.
  • The Net Profit has also shown a similar trend to PBT and has grown by 27.8% YoY from Rs. 24 Cr. in Q1FY21 to Rs. 31 Cr. in Q1FY22. Sequentially, the same has gone down by 69.7% from Rs. 102 Cr. in Q4FY21.
  • The Net Profit Margin of the company has also fallen heavily quarterly as well as on yearly basis. The Net Profit Margin of the company stood at 6.2% in Q1FY2.

Relaxo Footwears- Q1 FY22 Result 
Relaxo Footwears- Q1 FY22 Result 

Attachments
File Name
private article suscription area icon

You like to know more. We like that!

Please subscribe Model Portfolio Plan to get access of all premium model portfolio articles Only at Rs 7499/Year.

Please login to view this free article.

This blog is available only for logged in users, please register and get access to view this article.

LATEST UPDATE

premium Premium
free Free
Read More

REPORTS


Chat on WhatsApp
Caret UP Arrow
InvestYadnya Support
Typically replies in minutes
InvestYadnya Support
Hi there
Welcome to InvestYadnya.
We are available to assist you on WhatsApp.
Please click on the button below to chat with us.
(10 AM to 7 PM IST)
16:10
Chat with InvestYadnya