RELAXO

What Relaxo Footwears promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q4 FY26

what the last two calls moved 15 tracked 4 delivered 3 missed 8 open
  • Total Capex delivered said Q4 FY25 Promised: Around INR 100 crores. Q4 FY26: Actual capex for FY26 was INR 130 crores, which is within the revised guidance of INR 100-150 crores.
  • EBITDA Margin Improvement missed said Q4 FY25 Promised: 1% plus improvement. Q4 FY26: Full year FY26 EBITDA margin was 13.8% vs ~13.75% in FY25. This is a marginal improvement, not the targeted 100bps+.
  • ROCE Improvement on track said Q4 FY25 Promised: Improve by at least 2% to 3% in coming time. Q4 FY26: No explicit update on ROCE. However, FY26 PAT margin improved to 6.6% from 6.1% in FY25, which supports the long-term goal of improving return ratios.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 15 tracked commitments for Relaxo Footwears — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens