Relaxo Footwears Limited (BOM:530517)

Relaxo Footwears Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, Relaxo Footwears stock has a consensus rating of "Hold" and an average price target of ₹380.80. The average 1-year stock price forecast is 3.42% higher than the current stock price, while the lowest is ₹280.00 (-23.95%) and the highest is ₹440.00 (+19.50%).

Price Target: ₹380.80 (+3.42%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	₹280.00	₹380.80	₹388.00	₹440.00
Change	-23.95%	+3.42%	+5.38%	+19.50%

Analyst Ratings

The average analyst rating for Relaxo Footwears stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Apr '26	May '26	Jun '26
Strong Buy	0	0	0	0	0	2
Buy	2	2	2	2	3	3
Hold	5	5	4	4	4	2
Sell	2	2	2	2	1	1
Strong Sell	2	2	2	2	2	2
Total	11	11	10	10	10	10

Financial Forecast

Revenue This Year

29.92B

Increased by 10.73%

from 27.02B

Revenue Next Year

32.54B

Increased by 8.76%

from 29.92B

EPS This Year

8.16

Increased by 13.27%

from 7.20

EPS Next Year

9.82

Increased by 20.41%

from 8.16

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	26.53B	27.83B	29.14B	27.90B	27.02B	29.92B
Revenue Growth	12.47%	4.88%	4.72%	-4.27%	-3.14%	10.73%
Gross Profit	13.97B	14.04B	16.41B	15.86B	15.99B	17.45B
Gross Margin	52.64%	50.45%	56.30%	56.86%	59.18%	58.33%
Operating Income	3.03B	2.13B	2.62B	2.24B	2.17B	2.51B
Net Income	2.33B	1.54B	2.00B	1.70B	1.79B	2.03B
EPS	-	-	-	-	7.20	8.16
EPS Growth	-	-	-	-	5.26%	13.27%
Forward PE	-	-	-	-	-	45.15
Dividend / Share	2.50	2.50	3.00	3.00	3.50	3.62
Dividend Growth	-	-	20.00%	-	16.67%	3.33%
Free Cash Flow	-1.28B	1.69B	-636.21M	2.46B	1.65B	1.41B
No. Analysts	-	-	-	-	-	10

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	31.3B
Avg	29.9B
Low	28.2B

Revenue Growth

Revenue Growth	2027	2028	2029
High	15.7%
Avg	10.7%
Low	4.5%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	8.16
Low	-

EPS Growth

EPS Growth	2027	2028	2029
High	-
Avg	13.3%
Low	-

Data Source: S&P Global Market Intelligence

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Price targets and consensus ratings update every hour to every three days.

Data Sources Report a data error