Dolat Capital: Relaxo Footwear - Well Placed To Navigate Through The Current Challenging Business Conditions

Dolat Capital: Relaxo Footwear - Well Placed To Navigate Through The Current Challenging Business Conditions

A shopper checks sneakers displayed for sale at a footwear store. (Photographer Keith Bedford/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Relaxo Footwear Ltd. is a leading player in the ‘’ segment enjoying a strong brand equity and robust product portfolio.

Despite stiff competition, nationwide lockdown and resultant economic challenges, Relaxo registered 5% and 29% growth in topline and net profit respectively in FY20.

We believe that with robust distribution network, strong in-house manufacturing capabilities, innovation and rising aspirational levels within target segment, Relaxo is well placed to navigate through the current challenging business conditions .

Click on the attachment to read the full report:

Dolat Capital Relaxo Footwears Annual Report Update.pdf
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DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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