Grendene S.A.

Grendene S.A.

4.62
BRL
-0.11
(-2.33%)
3.40BMarket Cap
Nov 06Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.43
2.48
2.44
0.76
2.5
2.59
2.3
2.1
2.6
2.59
2.48
2.69
2.66
- -
Basic EPS, GAAP
0.48
0.54
0.61
0.23
0.73
0.65
0.91
0.45
0.67
0.63
0.62
0.82
0.71
- -
Free Cash Flow per Basic Share
0.17
0.41
0.41
0.18
0.45
0.46
0.42
0.05
0.5
0.4
0.68
0.57
0.47
- -
Dividend per Share
0.33
0.26
0.29
0.07
0.24
0.21
0.18
0.05
0.74
0.13
1.24
0.24
0.38
0.98
Book Value per Share
2.29
2.57
2.9
3.24
3.57
3.85
4.44
4.69
4.54
4.84
4.06
4.48
3.5
3.56
Tangible Book Value per Share
2.25
2.51
2.87
3.21
3.53
3.81
4.41
4.65
4.49
4.77
3.98
4.37
3.38
3.45
Basic Weighted Avg Shares
901
900
902
2,707
902
901
902
902
902
902
902
902
902
902
Sales/Revenue/Turnover
2,187
2,233
2,203
2,045
2,252
2,333
2,071
1,897
2,343
2,337
2,234
2,427
2,395
- -
Operating Margin (%)
18.02
17.44
18.51
20.52
20.3
19.29
26.72
18.15
16.52
10.99
15.14
21.37
11.24
- -
Depreciation Expense
37
47
54
58
61
66
77
88
91
94
96
84
100
- -
Net Income, GAAP
434
490
551
634
661
586
819
405
601
568
558
735
645
- -
Effective Tax Rate (%)
13.68
7.56
7.51
5.11
6.13
4.92
13.2
7.62
- -
1.27
5.79
9.54
4.86
- -
Profit Margin (%)
19.82
21.95
25.02
31.02
29.35
25.09
39.56
21.36
25.66
24.31
24.96
30.3
26.92
- -
Working Capital
1,409
1,625
1,554
2,218
2,525
2,563
2,314
2,852
2,677
2,560
2,317
2,613
1,384
1,383
LT Debt
16
72
71
55
34
27
82
80
66
38
22
23
14
14
Total Equity
2,068
2,328
2,617
2,922
3,218
3,465
4,007
4,230
4,094
4,364
3,659
4,041
3,154
3,211
Return on Invested Capital (%)
16.4
15.59
13.99
12.91
13.7
12.51
12.16
6.49
- -
5.41
6.26
12.62
8.32
- -
Return on Capital (%)
21.04
22
21.85
22.2
21.01
17.11
21.21
9.69
- -
13.09
13.66
18.83
17.92
- -
Return on Common Equity (%)
21.61
22.41
22.35
22.91
21.53
17.52
21.93
9.84
14.44
13.43
13.9
19.1
17.92
- -

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
57
137
83
LT Borrowings
13
14
14
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
902
902
902
Market Capitalization
4,186
4,231
3,401

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,706
2,303
1,968
Cash, Cash Equivalents & STI
1,058
800
453
Accounts Receivable, Net
1,034
855
787
Inventories
474
466
520
Total Current Liabilities
1,322
904
585
Payables & Accruals
- -
- -
- -
ST Debt
57
137
83
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.64%
-4.86%
-21.95%
Free Cash Flow
89.19%
194.46%
-18.25%
Net Income, GAAP
5.78%
12.11%
-12.3%
Sales/Revenue/Turnover
1.31%
5.23%
-1.31%
Total Cash Common Dividend
219.07%
460.94%
55.68%

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
499
480
749
658
2,427
2025
527
555
- -
516
2,395
2026
496
553
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.05
0.25
0.37
0.82
2025
0.13
0.16
- -
0.28
0.71
2026
0.11
0.1
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.01
0.09
0.24
2025
- -
- -
- -
0.07
0.38
2026
0.67
0.25
- -
- -
- -

Company Description

CEO
Rudimar Dall'Onder
Full Time Employees
16,378
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
Avenida Pimentel Gomes 214 Sobral CE Brazil 62040-125
IPO Date
Oct 28, 2004
Business
Grendene S.A. (GRND3.SA) manufactures, develops, distributes and sells plastic and synthetic footwear for men, women, children and babies across multiple segments including fashion, casual, sports and mass market; its principal brands include Melissa, Ipanema, Rider, Grendha, Zaxy, Grendene Kids, Cartago, Pega Forte, Nuar, Lump, Stably, Lello and Zizou. The company also engages in furniture and plastic goods through its Furniture division, involving sales, imports and exports of plastic-based products. Founded in 1971 and headquartered in Sobral, Ceará, Brazil, Grendene operates manufacturing plants primarily in Brazil, exports to over 85 countries and maintains subsidiaries such as Grendene USA Inc, Grendene Argentina SA and MHL Calcados Ltda; it sells via owned stores, franchises like 336 Clube Melissa outlets, web commerce, commercial representatives and distributors, with concept stores in São Paulo, New York, London and Rio de Janeiro. Recent developments include the acquisition and consolidation of GGB, boosting recurring net profit over 200% in Q2 2025 through higher-value online sales; a new share buyback program and subsidiary corporate reorganization announced in November 2025; alienation of its stake in Radar Gestora de Recursos Ltda in August 2025; multiple interim dividend distributions throughout 2025; and a proposed capital increase ahead of its December 2025 extraordinary general meeting.