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%
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 Image

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% Image

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. ImageImageImage
Read 5 tweets
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.
Read 10 tweets
Historically has taken support near 20MEMA multiple times. Currently near the same support.

- 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.

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.

Read 5 tweets
Monthly updates for all 3 portfolios for the month of Nov- 2021:

No recommendations, just sharing my journey!!

#MostlyMomentum #stockmarkets #StockMarket #stocks #investing #trading

⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️


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%
Read 22 tweets
“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,
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,
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
Read 25 tweets
Mission 1 Lakh share price

#Honeywell Automation
#Abbott India
#Tasty Bite
Mission 20K share price stock list

#Bajaj Finserv
#Bajaj Finance
#India Mart
#Naukri (Info Edge)
#Affle India
Mission 10K share price stock list

#Amber Enterprises
#Asian Paints
#Fine Organic
#Gland Pharma
#GMM Pfaudler
Read 6 tweets
Relaxo Footwears Ltd
Incorporated in 1984, is one of the leading footwear companies in India.
Company manufactures Non-Leather Products i.e. rubber / EVA / PU slippers, canvas/ sport / school shoes, sandals, etc.
2/ #relaxo
Journey Since Inception
Family Structure
3/ Shareholding Pattern
Relaxo Footwears Ltd
Read 8 tweets
A thread on Relaxo Footwears Limited
#Relaxo #footwear #Company #StockMarketindia #StockMarket #stocks Image
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 Image
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 Image
Read 10 tweets
Relaxo sales history :

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
Read 10 tweets
#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
Read 8 tweets
#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…
SEBI's consultation paper seeks comments on Index construction and Index providers. Subscribe to #MCPro for more

@SEBI_India #SEBI #Markets #Sensex #Nifty…
#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…
Read 4 tweets
#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. Image
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. Image
Read 12 tweets
How will trade on this? Image
Update: Image
Update: Image
Read 4 tweets

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