Relaxo has become one of the most trusted and strongest brands of footwear in India. The company’s success was built using quality products at affordable prices, along with steady innovation. Gradually over the last four decades, Relaxo has been growing its presence across India and has carved a powerful position in the Indian footwear industry. Today, millions of people choose Relaxo every day and the company continues to grow with a clear focus on excellence.
Company Overview
| Metric | Detail |
| Establishment Year | 1984 |
| Country of Origin | India |
| Founders / Owners | Ramesh Kumar Dua & Mukand Lal Dua |
| CEO / Managing Director | Ramesh Kumar Dua |
| Market Capitalization | ₹10,100 – ₹12,400 Crore (2025) |
| Company Net Worth | ₹2,001 Crore (2024) |
| Revenue (FY 2025) | ₹2,790 Crore |
| Net Profit (FY 2025) | ₹170 Crore |
| Promoter Holding | 71.27% |
Who Owns Relaxo?
Relaxo is a publicly owned company but the Dua family owns the majority of the shares. The Promoter group holds around 71.27% of the company. Ramesh Kumar Dua and Mukand Lal Dua began the firm Relaxo and under their leadership Relaxo expanded from a small set up to a national giant. Their combined net worth reached over $2.32 billion back in 2022 and is testament to their long-term commitment and successful views on business.
Who Leads Relaxo?
Ramesh Kumar Dua is one of the CEO and Managing Director of Relaxo. He also has around 23.47% shares in the company. Under his leadership, Relaxo developed good manufacturing capabilities and grew throughout India and introduced contemporary designs for footwear which appeal to both the youth and the family. He is focused on quality, innovation and affordability and keeps the company more advanced than its competitors.
Relaxo Net Worth and Market Capitalization
Relaxo Company’s net worth is about ₹2,001 Crore as of March, 2024. By 2025, its market capitalization stood at ₹10,100-₹12,400 Crore, becoming one of the top 500 companies of the best value in India. With revenue of ₹2,790 Crore and net profit standing at ₹170 Crore in FY 2025, Relaxo is continuing its growth, accurately staying fully debt-free.
Why Relaxo Stands Out
Relaxo stands out as it provides durable, stylish, and affordable shoes for everyone. The company is still innovating, expanding its production, and building up its brand image. With strong leadership, financial stability, and demand across India, Relaxo continues to be one of India’s most successful and respected footwear companies.
