The table below shows the footwear stocks with high ROCE based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price | ROCE % |
Metro Brands Ltd | 35226.1 | 1313.7 | 22.6 |
Relaxo Footwears Ltd | 21596.7 | 864.9 | 14.2 |
Bata India Ltd | 20532.9 | 1608.4 | 18.2 |
Liberty Shoes Ltd | 802.7 | 469.0 | 9.7 |
Sreeleathers Ltd | 726.1 | 313.8 | 9.7 |
Khadim India Ltd | 722.6 | 383.3 | 9.7 |
Mirza International Ltd | 641.9 | 46.8 | 4.8 |
Content:
- What Are The Footwear Stocks with High ROCE?
- Features Of Footwear Stocks with High ROCE
- Best Footwear Stocks with High ROCE
- Top Footwear Stocks with High ROCE
- Factors To Consider When Investing In Footwear Stocks with High ROCE
- How To Invest In Footwear Stocks with High ROCE?
- Advantages Of Investing In Footwear Stocks with High ROCE
- Risks Of Investing In Footwear Stocks with High ROCE
- Introduction to Footwear Stocks with High ROCE In India
- Top Footwear Stocks with High ROCE – FAQs
What Are The Footwear Stocks with High ROCE?
Footwear stocks refer to shares of companies involved in designing, manufacturing, and selling shoes and related products. These companies range from sports and casual footwear to high-end fashion shoes. High ROCE (Return on Capital Employed) in footwear stocks indicates efficient use of capital to generate profits, reflecting strong operational performance, financial health, and effective management practices, often leading to better investor returns and market position.
Features Of Footwear Stocks with High ROCE
The features of footwear stocks with high ROCE demonstrate strong financial health and efficient capital use, making them attractive to investors.
- High-Profit Margins: Footwear companies with high ROCE often have robust profit margins due to efficient operations and brand strength.
- Strong Brand Recognition: Established brands with loyal customer bases contribute to higher returns on capital.
- Efficient Supply Chain: Streamlined production and distribution processes reduce costs and increase profitability.
- Innovative Products: Constant innovation in design and technology helps in maintaining high demand and market relevance.
- Global Market Presence: Companies with a significant international presence benefit from diversified revenue streams and market stability.
Best Footwear Stocks with High ROCE
The table below shows the best footwear stocks with high ROCE based on the highest day Volume.
Name | Close Price | Daily Volume (Shares) |
Bata India Ltd | 1608.4 | 276011.0 |
Mirza International Ltd | 46.8 | 241923.0 |
Metro Brands Ltd | 1313.7 | 172100.0 |
Liberty Shoes Ltd | 469.0 | 94146.0 |
Relaxo Footwears Ltd | 864.9 | 85223.0 |
Khadim India Ltd | 383.3 | 74180.0 |
Sreeleathers Ltd | 313.8 | 42459.0 |
Top Footwear Stocks with High ROCE
The table below shows the top footwear stocks with high ROCE based on 1 Year Return.
Name | Close Price | 1Y Return % |
Liberty Shoes Ltd | 469.0 | 101.5 |
Khadim India Ltd | 383.3 | 68.4 |
Sreeleathers Ltd | 313.8 | 48.1 |
Metro Brands Ltd | 1313.7 | 18.3 |
Mirza International Ltd | 46.8 | -5.4 |
Bata India Ltd | 1608.4 | -6.4 |
Relaxo Footwears Ltd | 864.9 | -8.4 |
Factors To Consider When Investing In Footwear Stocks with High ROCE
The factors to consider when investing in footwear stocks with high Return on Capital Employed (ROCE) include understanding the company’s financial health, market position, and growth potential.
- Financial Health: Assess the company’s balance sheet, income statements, and cash flow to ensure financial stability.
- Market Position: Evaluate the company’s brand strength and market share within the footwear industry.
- Growth Potential: Look for companies with strong growth prospects and plans for expansion.
- Management Team: Consider the experience and track record of the company’s leadership.
- Product Innovation: Check for continuous innovation in footwear designs and technologies.
- Competitive Landscape: Analyze the competition and the company’s ability to maintain or grow its market share.
How To Invest In Footwear Stocks with High ROCE?
To invest in footwear stocks with high ROCE, start by researching companies with strong financial health and efficient capital usage. Open a trading account with a reputable broker, like Alice Blue, by filling out a KYC request. Analyze market trends, diversify your portfolio, and align investments with your financial goals and risk tolerance.
Advantages Of Investing In Footwear Stocks with High ROCE
The primary advantage of investing in footwear stocks with high ROCE is the potential for superior returns due to efficient capital utilization and strong profitability.
- Strong Returns: High ROCE indicates efficient use of capital, leading to potentially higher returns.
- Financial Stability: Companies with high ROCE are often financially robust, reducing investment risk.
- Growth Opportunities: High ROCE companies are likely to reinvest profits into growth initiatives.
- Competitive Edge: Efficient capital use often results in a competitive advantage in the market.
- Investor Confidence: Consistently high ROCE can attract more investors, driving stock prices up.
Risks Of Investing In Footwear Stocks with High ROCE
The main risk of investing in footwear stocks with high ROCE is the potential for market saturation, which can limit growth prospects despite efficient capital use.
- Market Saturation: High ROCE does not protect against saturated markets where growth opportunities are limited.
- Economic Downturns: Consumer discretionary spending on footwear can decline in economic downturns.
- Competitive Pressure: New entrants and existing competitors can erode market share and profitability.
- Fashion Trends: Rapid changes in fashion trends can impact sales negatively.
- Supply Chain Issues: Disruptions in the supply chain can affect production and profitability.
Introduction to Footwear Stocks with High ROCE In India
Metro Brands Ltd
The Market Cap of Metro Brands Ltd is Rs 35,226.14 crore. The stock’s monthly return is 3.63%. Its one-year return is 18.31%. The stock is 9.71% away from its 52-week high.
Metro Brands Limited is an India-based specialty retailer of footwear and accessories. The company offers a wide range of branded products for men, women, unisex, and kids, suitable for casual and formal occasions.
Metro Brands operates around 739 stores across 174 cities in 31 states and union territories in India. Additionally, the company sells accessories like belts, bags, socks, masks, wallets, and foot care products.
Relaxo Footwears Ltd
The Market Cap of Relaxo Footwears Ltd is Rs 21596.67 crores. The stock’s monthly return is 3.90%. Its one-year return is -8.41%. The stock is 12.62% away from its 52-week high.
Relaxo Footwears Limited, an Indian footwear manufacturing company, operates in three primary categories: Relaxo & Bahamas (rubber slippers), Flite (EVA and PU Slippers), and Sparx (sports shoes, canvas shoes, sandals, and sporty slippers).
The company’s portfolio includes a range of well-known brands such as Relaxo, Flite, Sparx, Bahamas, Boston, Mary Jane, and Kid’s Fun. Relaxo is a popular brand known for its rubber slippers catering to all customer segments, while Flite offers a selection of semi-formal slippers.
Bata India Ltd
The Market Cap of Bata India Ltd is Rs 20,532.92 crore. The stock’s monthly return is 9.50%. Its one-year return is -6.42%. The stock is 10.14% away from its 52-week high.
Bata India Limited is an India-based footwear retailer and manufacturer, primarily engaged in the manufacturing and trading of footwear and accessories through its retail and wholesale networks.
The company offers a variety of brands, including Bata, Bata Comfit, Hush Puppies, North Star, Power, Bata Red Label, Scholl, and Weinbrenner. Bata caters to men, women, and kids with a wide range of products such as shoes, bags, apparel, and accessories.
Liberty Shoes Ltd
The Market Cap of Liberty Shoes Ltd is Rs. 802.67 crore. The stock’s monthly return is 19.43%. Its one-year return is 101.46%. The stock is 5.26% away from its 52-week high.
Liberty Shoes Limited is an India-based company engaged in manufacturing and trading footwear, accessories, and lifestyle products through its retail, e-commerce, and wholesale network.
Its brands include AHA, Coolers, Footfun, Force10, Fortune, Gliders, Healers, Leap7x, Prefect, and Senorita. The company offers a variety of accessories, such as shoe care items, smart backpacks, and ladies’ handbags.
Sreeleathers Ltd
The market cap of Sreeleathers Ltd is Rs. 726.14 crores. The stock’s monthly return is 7.18%. Its one-year return is 48.10%. The stock is 38.21% away from its 52-week high.
Sreeleathers Limited is an India-based company engaged in the footwear and leather accessories business. The company operates as both a retailer and wholesaler, offering a wide range of products including shoes, sandals, chappals, nagra, belts, wallets, bags, leather garments, special boxes, socks, and masks.
Sreeleathers caters to men, women, and kids with various types of shoes such as formal, casual, and canvas shoes. The company has three operational business units located in the New Market area of Kolkata and the Panchavati area of Jaipur, and it operates over 40 stores across India.
Khadim India Ltd
The Market Cap of Khadim India Ltd is Rs. 722.64 crore. The stock’s monthly return is 12.44%. Its one-year return is 68.39%. The stock is 10.85% away from its 52-week high.
Khadim India Limited is a company headquartered in India that specializes in branded footwear. The company’s primary focus is on footwear and accessories. It conducts its operations through two distinct business divisions: retail and distribution. Each division targets specific customer segments and utilizes different sales channels and product offerings.
Mirza International Ltd
The Market Cap of Mirza International Ltd is Rs 641.95 crore. The stock’s monthly return is 3.36%. Its one-year return is -5.40%. The stock is 35.96% away from its 52-week high.
Mirza International Limited is an India-based company specializing in manufacturing, marketing, and exporting leather footwear. The company operates through two main segments: the Export Division and the Domestic Division, both involved in producing finished footwear, leather, and other items.
Its Private Label/White Label Business focuses on designing, developing, manufacturing, exporting, and selling leather footwear to various private labels in the UK, US, European, and non-European countries.
Top Footwear Stocks with High ROCE – FAQs
Top Footwear Stocks with High ROCE #1:Metro Brands Ltd
Top Footwear Stocks with High ROCE #2:Relaxo Footwears Ltd
Top Footwear Stocks with High ROCE #3:Bata India Ltd
Top Footwear Stocks with High ROCE #4:Liberty Shoes Ltd
Top Footwear Stocks with High ROCE #5:Sreeleathers Ltd
The top 5 stocks are based on market capitalization.
The Best Footwear Stocks with High ROCE based on one-year returns are Liberty Shoes Ltd, Khadim India Ltd, Sreeleathers Ltd, Metro Brands Ltd, and Mirza International Ltd.
Yes, investing in footwear stocks with high ROCE in India is generally a good idea. High ROCE indicates efficient use of capital, leading to potentially better returns. However, consider market conditions, company fundamentals, and industry trends before making a decision.
Yes, you can buy footwear stocks with high ROCE. Ensure thorough research on the company’s financial health, management quality, and market position. Use reliable brokerage services and platforms to execute your purchase efficiently.
To invest in footwear stocks with high ROCE, open a brokerage account, research potential stocks, and analyze their financials. Use platforms like Alice Blue to fill KYC and start investing: Open Account with Alice Blue.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.