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Relaxo Footwears Q4 Results Review: Dolat Capital Upgrades To 'Reduce' Given Sharp Stock Correction
Given a sharp correction in stock price, Dolat Capital upgrades Relaxo stock to ‘Reduce’ rating.
13 May 2025, 10:51 AM IST 
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Relaxo's revenue de-grew by 7.0% YoY due to a 10% decline in volume amid a challenging demand environment, especially in the mid-range. (Source: Company official Facebook page)
Relaxo is focusing on revamping its distribution system, including optimizing the "Relaxo Parivaar" app, which is streamlining operations and paving way for future expansion. Despite short-term challenges with declining volumes, the system is expected to stabilize in the next two-three quarters, with positive results anticipated thereafter.
