{"id":192309,"date":"2026-08-10T10:36:05","date_gmt":"2026-08-10T05:06:05","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=192309"},"modified":"2026-08-10T10:36:06","modified_gmt":"2026-08-10T05:06:06","slug":"relaxo-footwears-vs-campus-activewear-comparison","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/relaxo-footwears-vs-campus-activewear-comparison\/","title":{"rendered":"Relaxo Footwears vs Campus Activewear: Which Stock Should You Track"},"content":{"rendered":"<div class=\"meta-block\">\u00a0<\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Relaxo Footwears MCap Rs 10,352 Cr, PE 57.76x, ROE 8.13%, D\/E 0.11. Campus Activewear MCap Rs 6,927 Cr, PE 46.15x, ROE 16.56%, D\/E 0.26.<\/em><\/p>\n<p>Relaxo Footwears vs Campus Activewear is a comparison footwear investors look up when evaluating two listed Indian footwear companies at different market positions. Relaxo Footwears is India&#8217;s second largest footwear company by volume, known for its value rubber and EVA sandals, slippers and canvas shoes under the Flite, Sparx and Relaxo brands. Campus Activewear is India&#8217;s largest sports and athleisure footwear brand, targeting the mass affordable segment with premium-looking sports shoes.<\/p>\n<p>This Relaxo Footwears vs Campus Activewear article covers reach and market position, key products, latest declared results and stock valuation. The Relaxo Footwears vs Campus Activewear data below is sourced from Groww and public company filings and reflects the most recently available information at the time of writing.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/relaxo-footwears-vs-campus-activewear-comparison\/#Relaxo_Footwears_vs_Campus_Activewear_Reach_and_Market_Position\" title=\"Relaxo Footwears vs Campus Activewear: Reach and Market Position\">Relaxo Footwears vs Campus Activewear: Reach and Market Position<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/relaxo-footwears-vs-campus-activewear-comparison\/#Relaxo_Footwears_vs_Campus_Activewear_Key_Products_and_Business_Mix\" title=\"Relaxo Footwears vs Campus Activewear: Key Products and Business Mix\">Relaxo Footwears vs Campus Activewear: Key Products and Business Mix<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/relaxo-footwears-vs-campus-activewear-comparison\/#Relaxo_Footwears_vs_Campus_Activewear_Latest_Results\" title=\"Relaxo Footwears vs Campus Activewear: Latest Results\">Relaxo Footwears vs Campus Activewear: Latest Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/relaxo-footwears-vs-campus-activewear-comparison\/#Relaxo_Footwears_vs_Campus_Activewear_Stock_and_Valuation\" title=\"Relaxo Footwears vs Campus Activewear: Stock and Valuation\">Relaxo Footwears vs Campus Activewear: Stock and Valuation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/relaxo-footwears-vs-campus-activewear-comparison\/#Relaxo_Footwears_vs_Campus_Activewear_Quick_Comparison_Table\" title=\"Relaxo Footwears vs Campus Activewear: Quick Comparison Table\">Relaxo Footwears vs Campus Activewear: Quick Comparison Table<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/relaxo-footwears-vs-campus-activewear-comparison\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/relaxo-footwears-vs-campus-activewear-comparison\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/relaxo-footwears-vs-campus-activewear-comparison\/#What_brands_does_Relaxo_Footwears_sell\" title=\"What brands does Relaxo Footwears sell?\">What brands does Relaxo Footwears sell?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/relaxo-footwears-vs-campus-activewear-comparison\/#What_is_Campus_Activewear_known_for\" title=\"What is Campus Activewear known for?\">What is Campus Activewear known for?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/relaxo-footwears-vs-campus-activewear-comparison\/#Which_has_a_higher_ROE_Relaxo_or_Campus\" title=\"Which has a higher ROE, Relaxo or Campus?\">Which has a higher ROE, Relaxo or Campus?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/relaxo-footwears-vs-campus-activewear-comparison\/#Does_Relaxo_pay_dividends\" title=\"Does Relaxo pay dividends?\">Does Relaxo pay dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/relaxo-footwears-vs-campus-activewear-comparison\/#Is_rubber_footwear_a_declining_category\" title=\"Is rubber footwear a declining category?\">Is rubber footwear a declining category?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/relaxo-footwears-vs-campus-activewear-comparison\/#Are_Relaxo_and_Campus_in_Nifty_50\" title=\"Are Relaxo and Campus in Nifty 50?\">Are Relaxo and Campus in Nifty 50?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/relaxo-footwears-vs-campus-activewear-comparison\/#Who_are_the_main_competitors_for_Campus_Activewear\" title=\"Who are the main competitors for Campus Activewear?\">Who are the main competitors for Campus Activewear?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Relaxo_Footwears_vs_Campus_Activewear_Reach_and_Market_Position\"><\/span><strong>Relaxo Footwears vs Campus Activewear: Reach and Market Position<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On the Relaxo Footwears side of the Relaxo Footwears vs Campus Activewear comparison, Relaxo distributes through 500,000+ retail outlets across India, with a dominant presence in the Rs 100 to Rs 600 footwear segment in North India. Market capitalisation is Rs 10,352 Cr.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=relaxo-vs-campus\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<p>On the Campus Activewear side of the Relaxo Footwears vs Campus Activewear comparison, Campus Activewear distributes through modern trade, e-commerce and multi-brand outlets, primarily targeting the 15 to 35 age group with sports and fashion shoes in the Rs 500 to Rs 2,000 segment. Market capitalisation is Rs 6,927 Cr.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Relaxo_Footwears_vs_Campus_Activewear_Key_Products_and_Business_Mix\"><\/span><strong>Relaxo Footwears vs Campus Activewear: Key Products and Business Mix<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In the Relaxo Footwears vs Campus Activewear product comparison, Relaxo Footwears offers: Relaxo earns from rubber\/EVA slippers, sandals, canvas shoes and closed footwear under Flite, Sparx and Relaxo brands. EPS is Rs 7.20. P\/E is 57.76x, ROE 8.13 percent, D\/E 0.11.<\/p>\n<p>For Campus Activewear in this Relaxo Footwears vs Campus Activewear breakdown: Campus earns from sports shoes, athleisure shoes and fashion sneakers. EPS is Rs 4.91. P\/E is 46.15x, ROE 16.56 percent, D\/E 0.26.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Relaxo_Footwears_vs_Campus_Activewear_Latest_Results\"><\/span><strong>Relaxo Footwears vs Campus Activewear: Latest Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Relaxo Footwears vs Campus Activewear results for Relaxo Footwears: Relaxo has a market cap of Rs 10,352 Cr and P\/E of 57.76x. ROE is 8.13 percent. The high P\/E reflects thin current earnings from soft demand in the value footwear segment. D\/E is low at 0.11.<\/p>\n<p>The Relaxo Footwears vs Campus Activewear results for Campus Activewear: Campus has a market cap of Rs 6,927 Cr and P\/E of 46.15x. ROE is 16.56 percent \u2014 higher than Relaxo. Campus has a higher ROE reflecting its premium positioning and lower COGS intensity per pair.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare Relaxo Footwears and Campus Activewear Fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Relaxo_Footwears_vs_Campus_Activewear_Stock_and_Valuation\"><\/span><strong>Relaxo Footwears vs Campus Activewear: Stock and Valuation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Relaxo Footwears vs Campus Activewear stock comparison uses the latest available market data from Groww. Investors tracking Relaxo Footwears vs Campus Activewear should verify current prices on NSE or BSE before trading.<\/p>\n<p>Relaxo vs Campus Activewear at current valuations: Relaxo trades at Rs 10,352 Cr market cap, P\/E 57.76x, ROE 8.13 percent. Campus trades at Rs 6,927 Cr market cap, P\/E 46.15x, ROE 16.56 percent, D\/E 0.26. Campus has a higher ROE and lower P\/E. Relaxo is the larger company with deeper distribution but thin current earnings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Relaxo_Footwears_vs_Campus_Activewear_Quick_Comparison_Table\"><\/span><strong>Relaxo Footwears vs Campus Activewear: Quick Comparison Table<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Relaxo Footwears vs Campus Activewear comparison table below summarises the key metrics covered in this article side by side.<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<th style=\"border: 1px solid #ccc; padding: 8px;\">Parameter<\/th>\n<th style=\"border: 1px solid #ccc; padding: 8px;\"><a href=\"https:\/\/univest.in\/stocks\/relaxo\/relaxo-footwears-ltd-share-price-today\">Relaxo Footwears<\/a><\/th>\n<th style=\"border: 1px solid #ccc; padding: 8px;\"><a href=\"https:\/\/univest.in\/stocks\/campus\/campus-activewear-ltd-share-price-today\">Campus Activewear<\/a><\/th>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Sector<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Value rubber\/EVA footwear (Flite, Sparx)<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Mass-affordable sports and athleisure footwear<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Market Cap<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Rs 10,352 Cr<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Rs 6,927 Cr<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">P\/E Ratio<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">57.76x (thin earnings)<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">46.15x<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">ROE<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">8.13%<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">16.56%<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Debt to Equity<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">0.11<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">0.26<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Target Segment<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Below Rs 600 value footwear<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Rs 500 to Rs 2,000 sports and fashion shoes<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Dividend<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">0.84% yield<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">0.66% yield<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Relaxo Footwears vs Campus Activewear comparison above covers the key data points on reach, products, results and valuation. Relaxo Footwears vs Campus Activewear covers two Indian footwear brands at different market segments. Relaxo is a value footwear giant with unmatched distribution but thin current ROE. Campus is a mass-affordable sports shoe brand with a higher ROE and growing aspirational demand. Both face competition from Bata, Metro Brands, and global brands at different price points. Investors should review volume growth, ASP trends, channel mix and raw material costs before taking a view. Consult a SEBI-registered advisor for personalised guidance.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest\/id1543832872\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.android\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Relaxo Footwears and Campus Activewear live price and get daily stock recommendations.<\/em><\/p>\n<p>SEBI Research Analyst Registration No. INH000013776<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_brands_does_Relaxo_Footwears_sell\"><\/span><strong>What brands does Relaxo Footwears sell?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Relaxo sells footwear under the Relaxo (canvas, casual), Sparx (sports and closed footwear) and Flite (slipper and casual) brands. Relaxo is one of India&#8217;s largest manufacturers of rubber and EVA footwear by volume.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Campus_Activewear_known_for\"><\/span><strong>What is Campus Activewear known for?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Campus Activewear is India&#8217;s largest sports and lifestyle footwear brand in the mass-affordable segment. Its Campus brand offers sports-inspired shoes in the Rs 500 to Rs 2,000 range, targeting students and young urban buyers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_has_a_higher_ROE_Relaxo_or_Campus\"><\/span><strong>Which has a higher ROE, Relaxo or Campus?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Campus Activewear has a higher ROE of 16.56 percent versus Relaxo at 8.13 percent, reflecting Campus&#8217;s higher realisation per pair and asset-lighter distribution model.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_Relaxo_pay_dividends\"><\/span><strong>Does Relaxo pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes. Relaxo pays a dividend yield of approximately 0.84 percent.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_rubber_footwear_a_declining_category\"><\/span><strong>Is rubber footwear a declining category?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Value rubber and EVA footwear remains large in India given price sensitivity in lower-income segments. However, demand is increasingly shifting toward closed sports and casual footwear among aspirational buyers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_Relaxo_and_Campus_in_Nifty_50\"><\/span><strong>Are Relaxo and Campus in Nifty 50?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Neither is in Nifty 50. Both are tracked in Nifty Consumer Durables and Nifty 500 indices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_are_the_main_competitors_for_Campus_Activewear\"><\/span><strong>Who are the main competitors for Campus Activewear?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Campus faces competition from Bata (mid-market), Liberty Shoes, Metro Brands, and at the premium end, Nike, Adidas and Puma.<\/p>\n<div class=\"faq-schema\">\u00a0<\/div><p><\/p>","protected":false},"excerpt":{"rendered":"<p>Relaxo Footwears vs Campus Activewear compared on volume, brand positioning, ROE and valuation. 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