Case study

RELAXO

Relaxo Footwears Limited

Tread carefully1y model +5.9%

Each stock's 10,000-path forecast, rendered as light.

33Score

Relaxo Footwears Limited (RELAXO) Stock Analysis & Case Study

Is RELAXO a good buy? The data-driven verdict.

Relaxo Footwears Limited (RELAXO) trades at ₹423,on the numbers it tread carefully, a Downstox Snapshot Score of 33/100.

On the numbers, Relaxo Footwears Limited (RELAXO) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 58.8× earnings, ROE of 8.3%, a 56% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

RELAXO fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹10,541 Cr
Current price
₹423
P/E ratio
58.8×
P/B ratio
4.77×
Book value
₹89
Dividend yield
0.71%
ROCE
11.1%
ROE
8.3%
Piotroski F-Score
5/8

How RELAXO ranks against the 2,373 companies in our screener

Is RELAXO overvalued? RELAXO P/E vs peers

RELAXO trades at 58.8× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

RELAXO share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of RELAXO history (6%/yr drift, 37%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
RELAXO 2027₹280₹449₹720+6%
RELAXO 2028₹244₹475₹926+12%
RELAXO 2029₹226₹504₹1,120+19%
RELAXO 2030₹208₹534₹1,369+26%
RELAXO 2031₹194₹565₹1,650+34%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability RELAXO goes up, or doubles?

56%
Higher in 1 year
Modelled chance the price is above today in 12 months
63%
Higher in 5 years
Modelled chance the price is above today in 5 years
31%
Doubles in 5 years
Modelled chance of reaching ₹847 within 5 years

The bull case for RELAXO

  • Relaxo Footwears Limited is part of the nifty200 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,120.

The bear case & risks

  • RELAXO's P/E of 58.8x is lower than 22% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • RELAXO's return on equity of 8.3% ranks in the 41st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹226.

RELAXO volatility & expected range, how bumpy is the ride?

Over the last 9.8 years RELAXO compounded at 6%/year with annualized volatility of 37%. That volatility implies a 1-year 80% range of ₹280-₹720, the honest backbone behind any single price target.

RELAXO price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
5.9%
80% range₹280-₹720
P(price ↑)56%
P(price 2×)4%
3-Year Forecast
2029
₹0
Median (P50)
18.9%
80% range₹226-₹1,120
P(price ↑)61%
P(price 2×)21%
5-Year Forecast
2031
₹0
Median (P50)
33.5%
80% range₹194-₹1,650
P(price ↑)63%
P(price 2×)31%

RELAXO price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
RELAXO simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds RELAXO hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the RELAXO price target & forecast page.

RELAXO Piotroski F-Score: 5/8, how financially strong is it?

5/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. RELAXO scores 5/8, mixed financial health.

RELAXO MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy RELAXO with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.44%2.8×
Zerodha35.39%2.8×
Groww35.56%2.8×
Dhan35.39%2.8×
Kotak Neo40.00%2.5×
Paytm Money35.65%2.8×
PocketfulCHEAPEST33.39%3.0×
Fyers34.48%2.9×
Anand Rathi35.39%2.8×
Bajaj Broking36.00%2.8×
Share India35.52%2.8×

Compare every broker on the RELAXO MTF page.

About Relaxo Footwears Limited: sector, index & market-cap context

Relaxo Footwears Limited (RELAXO) is a small-cap NSE-listed company, with a market capitalisation of ₹10,541 Cr. See more stocks on our screener.

How the RELAXO Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Relaxo Footwears Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

RELAXO analysis, FAQs

Is Relaxo Footwears Limited (RELAXO) a good buy?

On the numbers, Relaxo Footwears Limited (RELAXO) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 58.8× earnings, ROE of 8.3%, a 56% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is RELAXO overvalued or undervalued?

RELAXO trades at 58.8× earnings, expensive versus the ~22× long-run Nifty average.

What is the RELAXO share price target for 2031?

RELAXO's probability-weighted 2031 median target is ₹565, with an 80% range of ₹194-₹1,650 (10,000-path Monte-Carlo).

What is the probability RELAXO doubles in 5 years?

The modelled probability of RELAXO reaching ₹847 (2×) within 5 years is 31%.

What is the bull case for RELAXO?

Relaxo Footwears Limited is part of the nifty200 universe with live, tracked fundamentals on Downstox.

What are the risks in RELAXO?

RELAXO's P/E of 58.8x is lower than 22% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. RELAXO's return on equity of 8.3% ranks in the 41st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on RELAXO