Relaxo Footwears renewable energy use jumps 54 times in FY26

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Renewable energy consumption rose 54 times YoY to 9,488.84 GJ
  • Total Scope 1 and 2 GHG emissions fell to 54,336.16 tCO2e
  • CSR spending reached ₹793.80 lakh, benefiting 3.2 lakh people
  • Female workforce representation increased by 22% in FY26
  • Zero Liquid Discharge system implemented at RFL-9 facility
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Relaxo Footwears Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY26, highlighting significant strides in environmental sustainability and social responsibility. The footwear manufacturer reported a 54-fold increase in renewable energy consumption compared to the previous year, driven by expanded solar infrastructure across its manufacturing facilities.

The filing, dated August 31, 2026, was signed by Ankit Jain, Company Secretary & Compliance Officer, pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report covers standalone operations, excluding subsidiaries or joint ventures as none exist.

Environmental Performance

The company’s environmental initiatives focused on reducing greenhouse gas (GHG) emissions and improving resource efficiency. Total Scope 1 and Scope 2 GHG emissions fell to 54,336.16 metric tonnes of CO2 equivalent (tCO2e) in FY26, down from 69,459.64 tCO2e in FY25. This reduction corresponds to a drop in emission intensity per rupee of turnover from 25.02 tCO2e/₹ Crore to 20.20 tCO2e/₹ Crore.

Metric FY26 FY25
Total Energy Consumed 3,61,642.44 GJ 3,71,761.58 GJ
Renewable Energy Share 9,488.84 GJ 173.16 GJ
Water Consumption 2,39,462.74 KL 2,50,240.54 KL

Water stewardship also saw improvements, with total water consumption decreasing by approximately 4.3% to 2,39,462.74 kiloliters. The company implemented a Zero Liquid Discharge (ZLD) system at its RFL-9 facility and expanded wastewater treatment capabilities.

Social Impact and Governance

On the social front, Relaxo Footwears incurred ₹793.80 lakh in Corporate Social Responsibility (CSR) expenditure during FY26. These funds supported education, healthcare, and environmental conservation projects across Uttarakhand, Rajasthan, Haryana, and Delhi, benefiting approximately 3.2 lakh people directly and indirectly.

Workforce diversity improved with a 22% increase in female workforce representation. The company maintained a zero-tolerance policy for workplace harassment, recording only one complaint under the POSH Act, which was resolved without upholding any allegations. Safety metrics remained strong, with zero fatalities and a Lost Time Injury Frequency Rate (LTIFR) of 0.09 for workers.

What the Numbers Show

The divergence between stable total energy consumption (3,61,642.44 GJ) and the massive surge in renewable energy adoption highlights a strategic shift in the company’s energy mix rather than an overall reduction in power usage. While total energy demand remained nearly flat compared to FY25, the substitution of non-renewable sources with solar power drove the significant decline in Scope 2 emissions, decoupling operational scale from carbon intensity.

Historical Stock Returns for Relaxo Footwears

1 Day5 Days1 Month6 Months1 Year5 Years
+1.02%-4.30%-8.05%+3.53%-19.50%0.0%

How might the significant reduction in carbon intensity impact Relaxo Footwears' eligibility for international green financing or export markets with strict environmental standards?

What is the projected timeline for Relaxo to achieve 100% renewable energy consumption across all manufacturing facilities following this year's infrastructure expansion?

Could the implementation of Zero Liquid Discharge systems at other facilities beyond RFL-9 further reduce operational costs and water dependency in the coming fiscal years?

Relaxo Footwears recommends ₹3.50 per share final dividend for FY26

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Relaxo Footwears schedules 42nd AGM for September 24, 2026
  • Board recommends final dividend of ₹3.50 per share for FY26
  • Record date set for September 18, 2026 for dividend eligibility
  • Meeting to be held via Video Conferencing or OAVM mode
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Relaxo Footwears Limited has scheduled its 42nd Annual General Meeting for September 24, 2026. The board recommended a final dividend of ₹3.50 per share for FY26.

Relaxo Footwears announced the meeting details on August 22, 2026. The event will be conducted through Video Conferencing or Other Audio Visual Means in compliance with Ministry of Corporate Affairs circulars. The registered office in Delhi will serve as the deemed venue.

Dividend and Record Date

The board approved the dividend recommendation during its meeting on May 28, 2026. Shareholders must approve the payout at the AGM. The company will pay the dividend within 30 days of the meeting date to members on record as of September 18, 2026.

Detail Information
Final Dividend ₹3.50 per share
Record Date September 18, 2026
AGM Date September 24, 2026

Dividends are taxable in the hands of shareholders. The company will deduct Tax at Source at the time of payment. Members holding physical shares must ensure their folios are KYC compliant to receive dividends electronically. This requires updating full address, mobile number, email ID, bank details, and valid PAN linked to Aadhaar.

Voting and Logistics

The company engaged Kfin Technologies Limited to facilitate e-voting. Remote e-voting and voting during the AGM via InstaPoll will be available. Members participating through video conferencing will count toward the quorum under Section 103 of the Companies Act, 2013.

Shareholders without registered email addresses will receive a letter with web links and QR codes to access the annual report and AGM notice. Those with physical holdings can update details via the RTA website or by submitting Form ISR-1. Demat holders should coordinate with their Depository Participants.

Historical Stock Returns for Relaxo Footwears

1 Day5 Days1 Month6 Months1 Year5 Years
+1.02%-4.30%-8.05%+3.53%-19.50%0.0%

How does the ₹3.50 dividend per share compare to Relaxo Footwears' payout ratio and historical trends, and what does this signal about management's confidence in future cash flows?

Will the company's focus on digital infrastructure for AGM participation indicate a broader strategic shift towards enhancing shareholder engagement and operational efficiency?

Given the strict KYC requirements for physical shareholders, how might this impact the liquidity and trading volume of physical shares in the secondary market?

More News on Relaxo Footwears

1 Year Returns:-19.50%