India’s Top 500 Companies 2019

INDIA’S TOP 500 COMPANIES 2019 252 Advertorial Relaxo Footwears Limited About the Company Relaxo Footwears Ltd is amongst the largest footwear manufacturers in India. Incorporated in 1984, the company is headquartered in New Delhi. With a portfolio of 10 Brands including Relaxo, Flite, Sparx, Bahamas & Schoolmate, the company has 8 manufacturing plants in India, with a combined manufacturing capacity of approx. 0.9 million pairs every day. The company is primarily focused on the non- leather footwear segment. Relaxo offers a wide range of fashionable and comfortable products for men, women and children in alluring colors & exquisite design for indoor & outdoor use. Synonymous with quality products & affordable prices, Relaxo is most preferred footwear brand, comforting millions of feet around the world. Relaxo manufacturers 400+ designs in different types of footwear – slipper , flip flops, sandals, sports shoes, school shoes, etc. Business Profile Over the years, RFL has taken great strides backed by strong fundamentals of operating model and focus on the long-term business plan. The company continues to follow its strategy of providing customer relevant quality products at affordable prices & branding them. The company has successfully leveraged celebrity marketing to build brand recall and customer trust. Relaxo has engaged top notch Bollywood stars as Salman Khan, Akshay Kumar & Ranveer Singh to endorse its brands . The company conducts sales through wholesale, export, modern trade channels and Exclusive brand outlet. The products are available online at www.relaxofootwear.com and also on most of the reputed online shopping portals. Export Operations In 2007, the company commenced its export operations and today, Relaxo is exporting shoes, slippers & sandals to South East Asia, SAARC, GCC, Africa and LATAM and competing with global brands. Council of Leather Exports has awarded first position for Excellent Export performance in Non Leather Footwear category, four times in a row. Corporate Social Responsibility The vision of the Relaxo’s CSR is “ to ensure sustained human development of the most deprived communities, associated or impacted by business through involving them or leveraging company’s strength in need based, result oriented and sustainable projects. FY18 has been significant in terms of initiating two long term projects under Education & Health. Relaxo has adopted 13 Government Primary schools with an intention to convert them into Model schools. Health, project ‘Nayan’ is giving sight to underprivileged and has been initiated to prevent blindness. Major Highlights of FY18 • The company sold 157.4 mn pairs of footwears in FY18. • Relaxo reported sales of ` 19.55 bn in FY18 as against ` 16.43 bn in FY17, reporting a y-o-y growth of 18.98% in sales. • The company increased Relaxo Retail Stores from 270 by end of FY17 to 302 by end of FY18. Financial Snapshot (In ` mn) Total Income 19,689.0 Net Profit 1,610.7 Networth 7,612.1 Ratios NPM (%) 8.2 RONW (%) 21.2 Current Ratio (times) 1.3 (As on Mar 31, 2018) Management Details Managing Director Ramesh Kumar Dua Executive Directors Mukand Lal Dua Nikhil Dua Deval Ganguly Chief Financial Officer Sushil Batra Company Secretary & Compliance Officer Vikas Kumar Tak Address & Website Plot No 10, Aggarwal City Square, Mangalam Place, District Centre, New Delhi - 110085, Delhi www.relaxofootwear.com Ramesh Kumar Dua Managing Director Dun & Bradstreet D-U-N-S® No 65-055-0940 Top 500 Ranking Income 375 Net Profit 297 Networth 407 Dun & Bradstreet