Relaxo Footwears (BOM:530517) EBIT: ₹2,630 Mil (TTM As of Mar. 2026)


BOM:530517 Relaxo Footwears Ltd BOM:530517
81 GF Score
Price ₹385.10
GF Value ₹660.08
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Relaxo Footwears EBIT?

Relaxo Footwears BOM:530517 -1.96% 81 EBIT is ₹2,630 Mil as of Mar. 2026. GuruFocus rates BOM:530517 with a GF Score™ of 81/100 and a GF Value™ of ₹660.08 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Relaxo Footwears's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹966 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2,630 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Relaxo Footwears's annualized ROC % for the quarter that ended in Mar. 2026 was 10.32%. Relaxo Footwears's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Relaxo Footwears's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.74%.


Relaxo Footwears  (BOM:530517) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Relaxo Footwears's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3397.2 * ( 1 - 25.46% )/( (0 + 24528.5)/ 1 )
=2532.27288/24528.5
=10.32 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Relaxo Footwears's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3863.6/( ( (0 + max(0, 0)) + (14530.7 + max(4971, 0)) )/ 1 )
=3863.6/( ( 0 + 19501.7 )/ 1 )
=3863.6/19501.7
=19.81 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2988.9 + 5567.2 + 1091.4) - (2676.7 + 0 + 1999.8)
=4971

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Relaxo Footwears's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2629.8/95908.549
=2.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Relaxo Footwears EBIT Related Terms


Relaxo Footwears EBIT Historical Data

* Premium members only.

The historical data trend for Relaxo Footwears's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Relaxo Footwears EBIT Chart

Relaxo Footwears Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,259.30 2,291.00 2,878.10 2,505.30 2,629.80

Relaxo Footwears Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 807.70 711.20 540.60 412.10 965.90

BOM:530517 vs NKE, DECK, ONON: EBIT Comparison

For the Footwear & Accessories subindustry, Relaxo Footwears's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Relaxo Footwears EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Relaxo Footwears's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Relaxo Footwears's EV-to-EBIT falls into.


BOM:530517
81GF Score
Relaxo Footwears Ltd BOM:530517
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Relaxo Footwears EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,630 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹2,630 Mil mean?
Relaxo Footwears (BOM:530517) has a EBIT of ₹2,630 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Relaxo Footwears.
Is Relaxo Footwears' EBIT too high?
Relaxo Footwears' current EBIT is ₹2,630 Mil. Overall, Relaxo Footwears has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Relaxo Footwears' EBIT compare to NKE and DECK?
Relaxo Footwears' EBIT of ₹2,630 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Manufacturing - Apparel & Accessories company?
A good EBIT depends on the Manufacturing - Apparel & Accessories industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Relaxo Footwears. Relaxo Footwears's current EBIT is ₹2,630 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Relaxo Footwears stock overvalued right now?
Based on GuruFocus' analysis, Relaxo Footwears (BOM:530517) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹660.08, compared to a current price of ₹385.10 — trading 41.7% below its estimated fair value. The current EBIT is ₹2,630 Mil. Relaxo Footwears' overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Relaxo Footwears (BOM:530517), the current EBIT is ₹2,630 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Relaxo Footwears (BOM:530517) Overvalued in 2026?

Based on GuruFocus' analysis, Relaxo Footwears stock appears to be undervalued. The current stock price of ₹385.10 is trading 41.7% below its estimated GF Value™ of ₹660.08. GuruFocus considers Relaxo Footwears to be Significantly Undervalued.

Key valuation signals for BOM:530517:

  • EBIT: ₹2,630 Mil
  • GF Value™: ₹660.08 vs. price of ₹385.10 (41.7% below fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the BOM:530517 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Relaxo Footwears Business Description

Other Exchanges RELAXO:India
Address Sector 3, Aggarwal City Square, Plot No. 10, Manglam Place, District Centre, Rohini, Delhi, IND, 110085
Relaxo Footwears Ltd manufactures footwear in India and sells it through various brand names such as Flite, Bahamas, Boston, Sparx, Schoolmate, Kids Fun, and Mary Jane. Roughly half of the company's production is non-leather footwear, including a wide variety of slippers, floaters, sandals, and shoes. Relaxo sells its products predominantly in India through distributors, retail stores, and e-commerce. The company has only one segment, Footwear and related products. Geographically, it generates maximum revenue from its business in India, and also has some exposure to international markets.
81GF Score

Get the complete analysis for BOM:530517

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹385.10
Price
₹660.08
GF Value