India’s Top 500 Companies 2022

INDIA’S TOP 500 COMPANIES 2022 267 Advertorial Incorporated in 1984, Relaxo is the largest* footwear manufacturer in India, serving the nation from last four decades, and is today ranked among the top 500 Most Valuable Companies with its shares listed at BSE Limited (BSE) and National Stock Exchange of India (NSE). Relaxo is synonymous with quality products at affordable prices, manufacturing slippers, sandals and sports & casual shoes at 8 State of the Art manufacturing facilities. Its most popular brands – Relaxo, Sparx, Flite & Bahamas are a leader in their space. Relaxo, an iconic brand synonymous with rubber slippers, is the most versatile footwear for all segments of society while Flite is a popular range of functional and semi- formal slippers. Sparx reflects the attitude, style, dynamism and spirit of young India and offers sports shoes, sandals & slippers and the colourful range of Bahamas casual flip flops exude the spirit of freedom, fun and modernity of youth. Having a pan India distribution footprint, Relaxo also operates a 390+ strong network of own retail outlets, with availability on all major e commerce portals as well. Business Profile Over the years, Relaxo 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 to endorse its brands. The company conducts sales through wholesale, export, modern trade channels and EBOs (Exclusive Brand Outlets). The products are available online at www.relaxofootwear.com and also on most of the reputed online shopping portals. Export Operations Commencing operations in 2007, today Relaxo is exporting shoes, slippers & sandals to South East Asia, SAARC, GCC, Africa and LATAM and competing with global brands. Council for Leather Exports has awarded Relaxo for Excellent Export performance in Non-Leather Footwear category, 6 times in a row. Corporate Social Responsibility At Relaxo, CSR initiatives are committed towards the development of deprived communities, through sustainable projects in areas of education & skill development and health & hygiene. During FY 2021, 7 CSR projects in 4 States viz. Delhi, Haryana, Rajasthan and Uttarakhand have been implemented , impacting lives of approx 1.73 lakh persons. Major Highlights • In FY22, an additional capacity of 1.5 lacs pairs per day of footwear was commissioned at unit located in Bhiwadi in Rajasthan. This has taken the total capacity across all categories and plants to 10 lacs pairs per day of footwear. • The company sold 190.7 mn pairs of footwear in FY21 compared to 179.2 mn pairs of footwear in FY20 • Relaxo reported revenue from operations of ` 23.59 bn in FY21. • The company has 398 Exclusive Relaxo Retail Stores by the end of FY21 Aggarwal City Square, Plot No. 10, Mangalam Place, District Center, Rohini Sector-3, Delhi - 110085 Website: www.relaxofootwear.com Relaxo Footwears Limited Top 500 Ranking Income 325 Net Profit 254 Networth 333 Financial Snapshot (In ` mn) Total Income 23,819.2 Net Profit 2,915.6 Networth 15,724.1 Ratios NPM (%) 12.2 RONW (%) 18.5 Current Ratio (times) 2.4 (As on Mar 31, 2021) Management Details Managing Director Ramesh Kumar Dua Directors Mukand Lal Dua Nikhil Dua Deval Ganguly Pankaj Shrimali Deepa Verma Vivek Kumar Rajeev Rupendra Bhadauria Dun & Bradstreet D-U-N-S® No 65-055-0940 Ramesh Kumar Dua Managing Director * in terms of volume (no. of pairs of footwear manufactured during FY21) Dun & Bradstreet