Revised Investor Presentation for the year ended 31st March, 2026

Lehar Footwears posted FY26 revenue of ₹431.1 Cr, up 56% YoY, with EBITDA at ₹38.9 Cr (9.0% margin) and PAT at ₹20.8 Cr, jumping 92% YoY. The company reported healthy cash generation (₹25.2 Cr CFO) and RoCE of 18%, while long-term debt has come down from a peak of ~₹15 Cr in FY23 to near-negligible levels. Key growth drivers include a 5x capacity expansion at the Kundli sports shoe facility (1 lakh to 5 lakh pairs/month), scaling of in-house brand 'Rannr', and OEM wins with brands like Spykar, Red Chief, Cult Sport and Shein. The government toolkit business under the PM Vishwakarma Scheme is highlighted as a cash-generating asset-light segment. Over FY20–FY26, revenue grew at 29% CAGR, EBITDA at 31% and PAT at 66%, with EPS rising from ₹0.71 to ₹11.79.