Not a all. The Church can recognize that other religions contain elements of Truth but are incomplete. Here is how C.S. Lewis sees it as explained in "Mere Christianity":
I have been asked to tell you what Christians believe, and I am going to begin by telling you one thing that Christians do not need to believe. If you are a Christian you do not have to believe that all the other religions are simply wrong all through. If you are an atheist you do have to believe that the main point in all the religions of the whole world is simply one huge mistake. If you are a Christian, you are free to think that all these religions, even the queerest ones, contain at least some hint of the truth.
Aren’t those elements of truth what they are all relative to?
You might like mine at #43