Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lehar Footwears Ltd announced a major expansion with a new large-scale sports footwear manufacturing facility in Kundli, Haryana. The company has signed a rent agreement for the proposed facility, which will scale production capacity 5x from approximately 1 lakh to 5 lakh pairs per month in phases. The facility will focus on sports shoes and EVA-based footwear using advanced manufacturing technologies, supporting both the in-house brand 'Rannr' and OEM manufacturing vertical. Commercial operations are expected to commence from Q2FY27 onwards, targeting the fast-growing athleisure and sports footwear market.
Positive for shareholders as the 5x capacity expansion with focus on higher-value sports/athleisure footwear should drive revenue growth and margin improvement through better product mix.