
Top Footwear Stocks Compared: Bata India vs Relaxo Footwears vs Campus Activewear vs Metro Brands vs Liberty Shoes on Price, Valuation, Q2 FY27 Results and Risks
Previous close: Bata India Rs 648.60, Relaxo Footwears Rs 300.80, Campus Activewear Rs 197.86, Metro Brands Rs 836.00, Liberty Shoes Rs 202.78.
Updated: 13 Nov 2026 • 9:38 am
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Quick Answer
This footwear stocks compared snapshot checks five names on price, valuation and Q2 FY27 results: Bata India, Relaxo Footwears, Campus Activewear, Metro Brands and Liberty Shoes. Metro Brands is the largest by market capitalisation at Rs 22,784 crore. Metro Brands reports the highest return on equity at 19.82%. Brands with wide retail reach and product ranges can serve buyers at many prices, so read margins and returns next to every multiple.
Footwear stocks compared here means Bata India, Relaxo Footwears, Campus Activewear, Metro Brands and Liberty Shoes on one page, checked on previous close, market value, valuation and the latest quarterly numbers. The group mixes a long established footwear brand, a maker of everyday slippers and sandals, a sports and athleisure brand, a store chain and a casual and formal footwear maker, so each name earns from a different part of the footwear market, which is exactly why a side-by-side look helps.
Bata India and Metro Brands have filed their September 2026 quarter, so their results below are Q2 FY27. Relaxo Footwears, Campus Activewear and Liberty Shoes are tracked on price and valuation. Footwear names follow consumer spending, store additions and festive demand, so a glance at the Nifty 500 page and the Sensex page before you read the tables gives useful backdrop.
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Footwear Stocks Compared: Five Brands on the List
The footwear stocks compared here are Bata India, Relaxo Footwears, Campus Activewear, Metro Brands and Liberty Shoes. Metro Brands is the largest by market capitalisation at Rs 22,784 crore. Previous closes run from Rs 197.86 for Campus Activewear to Rs 836.00 for Metro Brands, which is why a side-by-side look at value rather than price is more useful. This footwear stocks compared list is the base for every table that follows.
| Stock | Previous close (Rs) | Market cap (Rs crore) |
|---|---|---|
| Bata India | 648.60 | 8,334 |
| Relaxo Footwears | 300.80 | 7,483 |
| Campus Activewear | 197.86 | 6,037 |
| Metro Brands | 836.00 | 22,784 |
| Liberty Shoes | 202.78 | 348 |
A quick look at the business behind each ticker puts the numbers in context. Bata India sells formal, casual and sports footwear through a large retail network, while Relaxo Footwears makes everyday slippers, sandals and shoes sold through a wide dealer network. Campus Activewear makes sports and athleisure footwear for young buyers, and Metro Brands runs a chain of footwear stores under the Metro, Mochi and Walkway brands. To compare footwear stocks properly, line up price to earnings, return on equity and dividend yield before forming a view.
Rounding out the group, Liberty Shoes makes and sells casual and formal footwear under its own brands. A fair footwear stock comparison looks at what each company actually earns from, not only at the share price. Store led brands, mass market makers and sports brands belong in separate mental boxes whenever you compare footwear stocks fairly.
Footwear Stocks Valuation: Multiples, Returns and Payouts
Campus Activewear trades at the lowest price to earnings ratio in this group at 38.13. Metro Brands reports the highest return on equity at 19.82%. Liberty Shoes has the lowest price to book value at 1.49. These footwear stocks valuation readings come from the previous close and the latest reported financials. That is the idea behind this footwear stocks compared table: price to earnings and return on equity sit side by side so a high or low reading stands out at once.
| Stock | Price to earnings | Price to book | ROE (%) | Dividend yield (%) | Debt to equity |
|---|---|---|---|---|---|
| Bata India | 55.42 | 6.72 | 13.95 | 1.39 | 1.12 |
| Relaxo Footwears | 40.40 | 3.39 | 8.13 | 1.16 | 0.11 |
| Campus Activewear | 38.13 | 6.60 | 17.31 | 0.76 | 0.30 |
| Metro Brands | 54.16 | 10.89 | 19.82 | 0.72 | 0.76 |
| Liberty Shoes | 40.63 | 1.49 | 4.79 | 0.71 |
Footwear brands often trade at premium price to earnings multiples because branded demand grows steadily. Return on equity and dividend yield help you judge how well each brand uses its capital and how much it pays back. Earnings per share and book value per share are the building blocks behind price to earnings and price to book, so a glance at both in each filing is time well spent. A simple footwear stock comparison like this one is only as useful as the context behind it, which is why dividend yield is worth checking as well.
In this group, price to earnings runs from 38.13 for Campus Activewear to 55.42 for Bata India. Bata India offers the highest dividend yield at 1.39%. Industry price to earnings readings differ by sub-sector: Bata India and Metro Brands at 35.95; Relaxo Footwears, Campus Activewear and Liberty Shoes at 40.53. The industry price to earnings is a handy anchor: a stock above it is priced for faster growth, and one below it is priced for steadier earnings. A well-built footwear stock comparison also notes that volumes, input costs and festive demand can move results between quarters. Run the same footwear stock comparison on your own watchlist and the pattern in these numbers will be easier to spot.
Footwear Stocks Q2 FY27 Results: Revenue and Profit Check
Two of the five footwear stocks compared have filed Q2 FY27 numbers. Metro Brands posted the fastest revenue growth at 10.9% year on year. Bata India showed the sharpest rise in net profit at 30.4%. Read revenue first and quarterly profit second, since the two together show how much of the growth reaches shareholders. The others are shown on their latest reported quarter, so read each one for what it is. Treat the Q2 FY27 numbers in this footwear stocks compared review as a snapshot of one quarter, not a verdict on any footwear brand.
| Stock | Q2 FY27 revenue (Rs crore) | Q2 FY26 revenue (Rs crore) | Q2 FY27 net profit (Rs crore) | Q2 FY26 net profit (Rs crore) |
|---|---|---|---|---|
| Bata India | 879.8 | 822.8 | 18.1 | 13.9 |
| Metro Brands | 753.2 | 679.3 | 77.3 | 69.0 |
Bata India Results Snapshot
Bata India reported Q2 FY27 revenue of Rs 879.8 crore, compared with Rs 822.8 crore a year earlier, a rise of 6.9%. Net profit rose 30.4% to Rs 18.1 crore from Rs 13.9 crore. Earnings per share for the quarter rose to Rs 1.41 from Rs 1.08.
Relaxo Footwears Results Snapshot
Relaxo Footwears is tracked here on price and valuation. Its quarterly filing on the exchange website carries the revenue and profit detail, so read it before you set the stock against the rest.
Campus Activewear Results Snapshot
Campus Activewear is tracked here on price and valuation. Its quarterly filing on the exchange website carries the revenue and profit detail, so read it before you set the stock against the rest.
Metro Brands Results Snapshot
Metro Brands reported Q2 FY27 revenue of Rs 753.2 crore, compared with Rs 679.3 crore a year earlier, a rise of 10.9%. Net profit rose 12.0% to Rs 77.3 crore from Rs 69.0 crore. Earnings per share for the quarter rose to Rs 2.77 from Rs 2.48.
Liberty Shoes Results Snapshot
Liberty Shoes is tracked here on price and valuation. Its quarterly filing on the exchange website carries the revenue and profit detail, so read it before you set the stock against the rest.
Footwear results depend on volumes, product mix, raw material costs and store additions, so profit can look different from revenue in a single quarter. That is why a footwear stock comparison works best when revenue and profit are read together across two or three quarters. Used this way, a footwear stocks compared review becomes a map of the sector rather than a price list. When you compare footwear stocks after each result season, track how dividend yield changes from one quarter to the next. A footwear stock comparison built on one quarter of data is a starting point, and the next set of results will update it.
Footwear Stocks Compared Two at a Time: Three Pairings
Readers rarely want a five-way table and nothing else, so here are three head-to-head reads drawn from the same data. Use them as a quick way to compare footwear stocks two at a time.
Bata India vs Metro Brands
Bata India sells footwear through a large retail network, while Metro Brands runs a chain of stores under the Metro, Mochi and Walkway brands. Metro Brands is about 2.7 times the size of Bata India by market capitalisation, at Rs 22,784 crore against Rs 8,334 crore. On price to earnings, Metro Brands carries the lower multiple at 54.16 against 55.42 for Bata India. Metro Brands reports the higher return on equity, at 19.82% against 13.95% for Bata India. Both rely on store networks, so read growth next to valuation before you judge either multiple.
Relaxo Footwears vs Campus Activewear
Relaxo Footwears makes everyday slippers and sandals, while Campus Activewear focuses on sports and athleisure footwear for young buyers. On price to earnings, Campus Activewear carries the lower multiple at 38.13 against 40.40 for Relaxo Footwears. Campus Activewear reports the higher return on equity, at 17.31% against 8.13% for Relaxo Footwears. For dividend income, Relaxo Footwears offers 1.16% against 0.76% at Campus Activewear. Mass and sports brands are priced differently, so read the business mix before you read the ratio.
Liberty Shoes vs Bata India
Liberty Shoes is a smaller maker of casual and formal footwear, while Bata India is far larger and wider in range. Bata India is about 23.9 times the size of Liberty Shoes by market capitalisation, at Rs 8,334 crore against Rs 348.0 crore. On price to earnings, Liberty Shoes carries the lower multiple at 40.63 against 55.42 for Bata India. Bata India reports the higher return on equity, at 13.95% against 4.79% for Liberty Shoes. A small and a large brand are priced differently, so read returns and valuation together.
Best Footwear Stocks for Each Type of Investor
If you are asking which of the best footwear stocks here suits you, the answer depends on what you value. The table below shows who leads on each measure today, which is the fairest way to answer without naming a single winner. Any footwear stocks compared table can mislead if you stop at one row, because each footwear brand leads on a different measure.
| If you care most about | Start your research with | The number |
|---|---|---|
| Lowest price to earnings | Campus Activewear | 38.13 |
| Highest return on equity | Metro Brands | 19.82% |
| Highest dividend yield | Bata India | 1.39% |
| Lowest price to book value | Liberty Shoes | 1.49 |
| Largest by market capitalisation | Metro Brands | Rs 22,784 crore |
| Fastest Q2 FY27 revenue growth | Metro Brands | 10.9% |
| Sharpest Q2 FY27 net profit rise | Bata India | 30.4% |
No single name tops every row, which is exactly why a footwear stock comparison helps. Brand reach, margins, returns and valuation each point to a different name, so decide what matters most to you before you rank the numbers.
What Is Driving Demand for Branded Footwear Right Now?
Rising incomes, a growing young population and a shift from unbranded to branded footwear keep demand healthy. Brands with wide retail and dealer reach can serve buyers across price points. Knowing what moves consumer spending and festive demand helps you compare footwear stocks with the right questions in mind.
Store additions, product mix and brand strength decide margins. Sports and athleisure ranges are drawing younger buyers, while everyday ranges serve steady volumes. A good footwear stocks compared routine therefore tracks volumes, margins and store additions.
Risks to Weigh When You Compare Footwear Stocks
Footwear stocks depend on consumer spending, raw material costs, competition and festive timing. Valuations often carry a premium, so read each filing for volume, margin and store commentary before you compare them. Every footwear stock comparison has blind spots, and for this group the biggest is consumer spending and festive demand.
Because volumes, margins and store additions drive these businesses, the most useful habit is to read the management commentary that comes with every result and note what is expected for the next quarter. Read together, the risk notes and the tables make this footwear stocks compared guide a balanced starting point.
How to Compare Footwear Stocks and Build a Shortlist
Start by deciding whether you prefer store led brands, mass market makers or sports focused names, because each responds to different triggers. Store led brands reward readers who track store additions, while mass market and sports makers reward those who track volumes and brand reach. Done step by step, this footwear stocks compared routine becomes repeatable rather than a one-off exercise.
Then check valuation and returns, because premium multiples leave less room for slips in margins. Spreading your attention across one store led brand and one mass or sports maker is a simple way to see both sides of the sector. Keep the shortlist of best footwear stocks short enough that you can actually follow each company's quarterly results. When you compare footwear stocks again after new results, update only the rows that changed instead of starting over.
The Univest stock screener lets you filter footwear stocks by market capitalisation, return on equity and price to earnings, and the app keeps live prices a tap away through the trading day. Come back to this footwear stocks compared page after the next set of results to see which numbers have moved.
Check the Univest Screener for live footwear stock data
Download the Univest iOS App or Univest Android App to track these footwear stocks live.
Conclusion: Footwear Stocks Compared at a Glance
This footwear stocks compared review on price, valuation and Q2 FY27 results shows that no single name wins every measure. Metro Brands leads on both size and return on equity, though the others bring strengths of their own. Treat the footwear stocks Q2 FY27 results and footwear stocks valuation tables as a research starting point, then check the filings and speak to a SEBI-registered advisor before you invest. If you plan to compare footwear stocks again next quarter, the same checklist of price to earnings, return on equity and dividend yield will work.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Footwear Stocks Compared
Which are the top footwear stocks compared in this article?
Ans. The footwear stocks compared in this article are Bata India, Relaxo Footwears, Campus Activewear, Metro Brands and Liberty Shoes. They are checked on previous close, market capitalisation, price to earnings, price to book, return on equity and the latest quarterly results, so you get a clear side-by-side starting point before you open any single company's filings in more depth.
Which footwear stock has the highest market capitalisation?
Ans. Among the five names, Metro Brands has the highest market capitalisation at Rs 22,784 crore. Bata India follows at Rs 8,334 crore. Market capitalisation is the total value the market places on a company and moves with the share price every day, so check the live figure before you rely on it.
Which of these footwear stocks has the lowest price to earnings ratio?
Ans. On footwear stocks valuation, Campus Activewear has the lowest price to earnings ratio among these footwear stocks at 38.13, based on the latest reported earnings. Bata India sits at the other end at 55.42. A lower multiple is not automatically better, since growth, margins and business quality all influence what investors are willing to pay.
Which footwear stock has the highest return on equity?
Ans. Metro Brands reports the highest return on equity in this group at 19.82%. Return on equity shows how much profit a company earns on shareholder funds, so a higher figure usually points to efficient use of capital. Compare it over several years, and keep debt levels in mind, because heavy borrowing can lift the ratio.
How did footwear stocks perform in Q2 FY27 results?
Ans. Two of the five names have filed Q2 FY27 numbers in our data. Metro Brands recorded the fastest revenue growth at 10.9% year on year. Bata India showed the sharpest net profit rise at 30.4%. For footwear stocks Q2 FY27 results, the others are covered on their latest reported quarter, and each filing on the exchange website carries the full detail.
What are the main risks when you compare footwear stocks?
Ans. Footwear stocks depend on consumer spending, raw material costs, competition and festive timing. Valuations often carry a premium, so read each filing for volume, margin and store commentary before you compare them. Keep an eye on volumes, margins and store additions.
Which metrics matter most when you compare footwear stocks?
Ans. Volume growth, operating margin, return on equity and dividend yield matter most for operating performance. Price to earnings shows how the market values each brand. Read each company's filing for these along with the numbers in this article.
Which is the best footwear stock to buy among these five?
Ans. The best footwear stock depends on whether you value a store led brand, a mass market maker or a sports brand, because the five names differ on all of these. On the numbers in this article, Metro Brands has the largest market capitalisation as well as the highest return on equity; Campus Activewear has the lowest price to earnings; Bata India has the highest dividend yield. No single stock tops every measure, and none of this is a recommendation. Use the tables to build a shortlist, check the latest filings, and speak to a SEBI-registered advisor before you decide, since your goals, time horizon and risk appetite matter more than any ranking.
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