Discover and read the best of Twitter Threads about #RELAXO
Most recents (14)
My take on #Relaxo Footwears (966/-) through data and charts.
Analysis from FY96 – FY22
Sales grew at ~16%
EBITDA ~18%
NP ~17.5% (~19% till FY21)
4-5% improvement in EBITDA / EBIT / Net Profit Margins on a rolling 10 yr ending FY22 over FY06
@dmuthuk @contrarianEPS
1/N
Analysis from FY96 – FY22
Sales grew at ~16%
EBITDA ~18%
NP ~17.5% (~19% till FY21)
4-5% improvement in EBITDA / EBIT / Net Profit Margins on a rolling 10 yr ending FY22 over FY06
@dmuthuk @contrarianEPS
1/N
2/N
Data from @screener_in
4-5% improvement in EBITDA flowing through led to doubling of Net Profits Margins from ~4% to ~8%. Future 4-5% improvements will only improve Net Profit Margins by 50%
Data from @screener_in
4-5% improvement in EBITDA flowing through led to doubling of Net Profits Margins from ~4% to ~8%. Future 4-5% improvements will only improve Net Profit Margins by 50%
3/N
While co. performance is very impressive , the stock price has run up way ahead of fundamentals to reach absurdly expensive levels
Charts for P/S , EV/ EBITDA , PE
At ~10x Sales it is significantly more expensive than most tech co. in the US.
While co. performance is very impressive , the stock price has run up way ahead of fundamentals to reach absurdly expensive levels
Charts for P/S , EV/ EBITDA , PE
At ~10x Sales it is significantly more expensive than most tech co. in the US.
Relaxo Footwears Limited Q4 FY22 Earnings Concall Insights
#RELAXO #RELAXOQ4 #RelaxoFootwears #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #stocktowatch
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#RELAXO #RELAXOQ4 #RelaxoFootwears #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #stocktowatch
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Q&A Insights: Tejas Shah of Spark Capital asked about realization split increase that happened between price increase and premiumization during FY22 and 4Q. Ramesh Dua MD replied that price increase was about 25% across all categories, in few categories more and few others less.
Q&A Insights: Tejas Shah with Spark Capital asked about Sparx brand in ecommerce platforms. Gaurav Dua EVP Marketing said that Sparx brand has done very well in e-commerce platform; the growth rate was more than 40%. So there is traction of sports shoe selling more on e-comm.
#Relaxo
Historically has taken support near 20MEMA multiple times. Currently near the same support.
1/n
Historically has taken support near 20MEMA multiple times. Currently near the same support.
1/n
- One of the few listed footwear company.
- Robust Distribution network Pan India
- Industry slowly consolidating from unorganized to organised sector.
- Increasing online presence as well with more than 70% of the products listed online.
2/n
- Robust Distribution network Pan India
- Industry slowly consolidating from unorganized to organised sector.
- Increasing online presence as well with more than 70% of the products listed online.
2/n
Industry Overview:
- India is the 2nd largest footwear manufacturer
- Growing trend of premiumization and shifting to branded footwear.
- Indian footwear market size is expected to grow 10.8% CAGR.
3/n
- India is the 2nd largest footwear manufacturer
- Growing trend of premiumization and shifting to branded footwear.
- Indian footwear market size is expected to grow 10.8% CAGR.
3/n
Monthly updates for all 3 portfolios for the month of Nov- 2021:
No recommendations, just sharing my journey!!
#MostlyMomentum #stockmarkets #StockMarket #stocks #investing #trading
⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️
No recommendations, just sharing my journey!!
#MostlyMomentum #stockmarkets #StockMarket #stocks #investing #trading
⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️
1/
#MOSTLYMOMENTUM- FLEXI CAP (DAILY RECONSTITUTION) MONTHLY UPDATE: NOV-21
Starting NAV (12-03-2021): 100.00
Current NAV (30-11-2021): 150.49
Compounded Annualised Returns: 90.23%
Annualised Standard Deviation (Based on daily closing): 24.76%
Maximum Drawdown: -12.80%
#MOSTLYMOMENTUM- FLEXI CAP (DAILY RECONSTITUTION) MONTHLY UPDATE: NOV-21
Starting NAV (12-03-2021): 100.00
Current NAV (30-11-2021): 150.49
Compounded Annualised Returns: 90.23%
Annualised Standard Deviation (Based on daily closing): 24.76%
Maximum Drawdown: -12.80%
Trailing Returns:
Since Inception:
#MostlyMomentum (Daily Reconstitution) Portfolio: 50.49%
#NIFTY100: 12.99%
#NIFTYMidcap100: 22.42%
#NIFTYSmallcap100: 26.32%
Since Inception:
#MostlyMomentum (Daily Reconstitution) Portfolio: 50.49%
#NIFTY100: 12.99%
#NIFTYMidcap100: 22.42%
#NIFTYSmallcap100: 26.32%
“Last Diwali to this Diwali: Summary of Momentum Investments/ Trades taken (#MostlyMomentum)!!”:
Introduction of my journey so far:
I started my #StockMarket journey Jul- 2016:
•During 2016-17, as a typical new investor, started with TV Tips, and IPOs,
Introduction of my journey so far:
I started my #StockMarket journey Jul- 2016:
•During 2016-17, as a typical new investor, started with TV Tips, and IPOs,
this (IPOs) helped in a way, best #DMART has still been the best of IPOs I applied for, got allotment, and kept for couple of months and captured fastest 282% of my #StockMarket journey.
• During 2017-18, decided not to go after TV Tips,
• During 2017-18, decided not to go after TV Tips,
and started doing something on my own including a little Option “BUYING” 12, lost some funds in Option Buying, but gained a lot of experience regarding not to so something you don’t know. Alongside this, also started exploring cash market strategies of buying what is going up and
A thread on Relaxo Footwears Limited
#Relaxo #footwear #Company #StockMarketindia #StockMarket #stocks
#Relaxo #footwear #Company #StockMarketindia #StockMarket #stocks
1/ About the Company
Relaxo, located in New Delhi, is one of the largest players in the non-leather footwear market in India and manufactures Hawai slippers, EVA (ethylene vinyl acetate) and PU (polyurethane) based, slippers, sports shoes and sandals
Relaxo, located in New Delhi, is one of the largest players in the non-leather footwear market in India and manufactures Hawai slippers, EVA (ethylene vinyl acetate) and PU (polyurethane) based, slippers, sports shoes and sandals
2/ Operational Facilities
Relaxo has 8 manufacturing facilities across India
Capacity to produce 7.5 lakh pairs per day
Access to 50K+ retailers through 650 distributors
398 exclusive brand outlets as on 31st March 2021
Sold 19.1 Cr. units in FY2021 across 9 brand names
Relaxo has 8 manufacturing facilities across India
Capacity to produce 7.5 lakh pairs per day
Access to 50K+ retailers through 650 distributors
398 exclusive brand outlets as on 31st March 2021
Sold 19.1 Cr. units in FY2021 across 9 brand names
My core portfolio and business tracking thread...
Growth
#laurus
#deepaknitrite
Compounder
#astral
#polycab
Financial
#hdfcbank
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#hdfc
#idfcfirstbank
#sbicard
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FMCG & Consumer/Discretionary
#tataconsumer
#hul
Growth
#laurus
#deepaknitrite
Compounder
#astral
#polycab
Financial
#hdfcbank
#hdfclife
#hdfc
#idfcfirstbank
#sbicard
#bajajfinance
#muthootfinance
FMCG & Consumer/Discretionary
#tataconsumer
#hul
IT Service oriented
#tcs
#hcl
#infy
#happiestminds
IT software & product oriented
#tanla
#intellect
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Pharma
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Chemical
#pidilite
#alkylamines
#navinfluorine
Niche
#rajratan
#saregama
#tcs
#hcl
#infy
#happiestminds
IT software & product oriented
#tanla
#intellect
#subex
#tataelxsi
Pharma
#divis
#syngene
#sequent
#neuland
#laurus
#jbchemical
Chemical
#pidilite
#alkylamines
#navinfluorine
Niche
#rajratan
#saregama
Platform
#iex
#cdsl
#irctc
Other good businesses
#aplapollo
#relaxo
#dmart
#titan
#jubiliantfoodworks
#tatamotors
#bkt
#iex
#cdsl
#irctc
Other good businesses
#aplapollo
#relaxo
#dmart
#titan
#jubiliantfoodworks
#tatamotors
#bkt
Relaxo sales history :
2004 : 201 cr
2020 : 2419 cr
15Y Sales growth trend : 17% CAGR
2004 : 201 cr
2020 : 2419 cr
15Y Sales growth trend : 17% CAGR
Relaxo profit history :
2004 : 5 cr
2020 : 226 cr
15Y Profit growth trend : 26% CAGR
2004 : 5 cr
2020 : 226 cr
15Y Profit growth trend : 26% CAGR
#RELAXO Entry, SL, Trail SL, How to put trail SL , Exit , everything updated with logic. Do you need anything else? Our initial SL was 620, Entry around 670, Exit at 890.(Around 32%) R:R - 1 : 4.4
A case study for learning purpose. #PVTLEARN
@jigspatel1988 @caniravkaria
A case study for learning purpose. #PVTLEARN
@jigspatel1988 @caniravkaria
#MCPro Weekly Tactical Pick | This old private bank is at an inflection point. With the changes in business taking hold, will it be a smooth sail?
#MCResearch #CSBBank #Banking
moneycontrol.com/news/business/…
#MCResearch #CSBBank #Banking
moneycontrol.com/news/business/…
SEBI's consultation paper seeks comments on Index construction and Index providers. Subscribe to #MCPro for more
@SEBI_India #SEBI #Markets #Sensex #Nifty
moneycontrol.com/news/opinion/i…
@SEBI_India #SEBI #Markets #Sensex #Nifty
moneycontrol.com/news/opinion/i…
#MCPro | Footwear brands are taking big strides. With more women joining the workforce and demand on a higher footing, are better days in store for Bata and Relaxo? Bharat Gianani explains
@BATA_India #Relaxo #Economy #Jobs
moneycontrol.com/news/business/…
@BATA_India #Relaxo #Economy #Jobs
moneycontrol.com/news/business/…
#Whattay Series. In this #tweet thread will keep adding a lot of #stock price moves, #valuations where you end up saying #WHAT. No Reco just ?? Do comment 1) #Relaxo Footwear - just 10% away from highs. Market Cap = 18319 cr Sales 2500 cr #Bata -18419 cr Sales = 3056 cr !! PE ?
No Effect of #Corona on this #RealEstate Company. A 30% rally from the lows in May June.Low delivery volumes and almost same volumes and a weird chart.. Anyways its an avoid so not naming it.
Another craziness in gone stocks - #Educomp , #OptoCircuits are up 5x from the lows of March. Another stock which has zero effect of #covid19 and does low delivery volumes.
