Relaxo Q1 FY27: Realization-led growth lifts margins despite flat volumes

In Q1 FY27, revenue from operations was 705.05 crore, EBITDA was 108.23 crore (15.35% margin), and PAT was 54.94 crore (7.79% margin).

Revenue grew 7.73% YoY to 705.05 crore, EBITDA increased to 108.23 crore from 99.45 crore, and PAT rose to 54.94 crore from 48.90 crore.

For FY26, brand-wise revenue mix was Sparx 41%, Flite 36%, and Hawaii 23%.

For FY26, channel-wise revenue mix was General Trade 74%, Retail 12%, New Channel 9%, and Export 5%.

For General Trade in FY26, the region-wise revenue mix was North 52%, East 24%, West 14%, and South 10%.

The company reports 9 manufacturing facilities. It noted capacity of about 10.5 lakh pairs per day, recalibrated to 9.1 lakh pairs per day as per the Board outcome dated 13 August 2026 in the context of upgrading and modernization.