#Relaxo
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
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
Company Overview
- Strong inhouse manufacturing capabilities - 8 facilities with 10lac pair/day
- 82 Trademarks,10 Copyrights,664 designs
- Efficient customer reach across channels - 50000+ retailers,650 distributors,402 EBO's, Export to approx 30 countries, Online presence

4/n
Basic Financials
ROCE - 26%
ROE - 20.2%
D/E - 0.09
ICR - 22.9
Promoter Holding - 70.8%

5/e

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Equity4Life™

Equity4Life™ Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(