Top Footwear Stocks in InToday we are going to discuss the top footwear stocks in India. . The footwear industry is one of the top-performing sectors in India. Footwear is one of the most commonly used products in the retail segment.
In India, the footwear production centers are located at Chennai, Ranipet, Ambur in Tamil Nadu, Mumbai, Kanpur, Jalandhar, Agra, Delhi, Karnal, Ludhiana, Sonepat, Faridabad, Pune, Kolkata, Calicut and Ernakulam.
India is the second-largest producer of footwear after China. The footwear industry in India is classified into two types: leather and non-leather. The footwear products exported from India are Casual shoes, sports shoes, sandals, chappals, boots, etc.
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Relaxo Footwear Ltd
Relaxo Footwears Limited is one of the top-performing companies in India, and it is based in New Delhi. Relaxo footwear was listed in fortune 500 companies because of its quality and reasonable price.
Relaxo is one of the largest footwear manufacturers in terms of volume and revenue. The products via relaxo include Relaxo, Sparx, Flite, Bahamas, schoolmate, etc. The brand ambassador of Relaxo footwear is Salman khan.
Company Details:
| Founder | Mukand Lal Dua Ramesh Kumar Du |
| Founded | 1976 |
| Market Cap | 31498 Cr |
| Share Price | 1200.8 |
| PE Ratio | 115.83 |
| ROE | 18.54 |
| ROCE | 22.32 |
| Face Value | 1 |
Bata
Bata India Limited is one of the leading manufacturers of footwear in India. It was established in 1932 and started its operations from Calcutta. Currently, the company has 4 manufacturing units and 1500+ stores in India. During the pandemic, the company has started a Bata chat shop and Bata store on wheels.
Company Details:
| Founder | Tomáš Baťa |
| Founded | 1932 |
| Market Cap | 26022 Cr |
| Share Price | 1776.55 |
| PE Ratio | 1103.95 |
| ROE | -5.08 |
| ROCE | 10.17 |
| Face Value | 5 |
Metro Brands Ltd
Metro brands Ltd is one of the largest footwear companies in India. It was established in 1977. The company has started its first store in Mumbai. Currently, the company has 600+ stores in India. The products via metro brands include Mochi, Walkway, Da Vinchi, and J. Fontini, crocs, Skechers, Clarks, Florsheim, and Fitflop.
Company Details:
| Founder | Malik Tejani |
| Founded | 1977 |
| Market Cap | 14428 Cr |
| Share Price | 532 |
| PE Ratio | 212 |
| ROE | 8.34 % |
| ROCE | 9.59 % |
| Facevalue | 5 |
Khadim India Ltd
Khadim India is one of the top footwear brands in India. It is the second-largest footwear retailer in India. The company is providing the franchisee, and currently, the company has 700+ stores in India.
Khadim provides both premium range products and affordable range products to its customers. The company is also engaged with institutional sales and export of footwear.
Company Details:
| Founder | Satya Prasad Roy Burman |
| Founded | 1981 |
| Market Cap | 477 Cr |
| Share Price | 237.1 |
| PE Ratio | 41.28 |
| ROE | -16.4 |
| ROCE | -10.61 |
| Face Value | 10 |
