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Companies›Consumer Discretionary›Consumer Durables›Consumer Durables

LEHAR FOOTWEARS LIMITED

Consumer Durables › Consumer Durables
₹173.50
at close · 27 Oct 2026
▲ 5.45 (+3.24%)

Latest filings

  1. BIS approves Lehar Footwears shoes for general purpose · Business Updates
  2. Quarterly compliance certificate from RTA for Q2 FY2027 · Compliance
  3. Trading window closed from Oct 1 ahead of Q2 results · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures footwear and government-distributed toolkits from a facility in Kundli, Haryana, earning ₹431.1 crore in FY26 across two business segments. The footwear business makes sports shoes, EVA-based and athleisure products sold under its in-house brand 'Rannr' and as original equipment manufacturer (OEM) for brands including Spykar, Red Chief, Cult Sport, Shein and Lee Cooper, generating ₹208.7 crore in FY26. The toolkit and others segment supplies toolkits under the government-led PM Vishwakarma Scheme and contributed ₹249.5 crore in FY26. A 5x capacity expansion at the Kundli plant is underway, lifting monthly output from about 1 lakh to 5 lakh pairs, with the new unit scheduled to begin commercial production from Q2 FY27. Raw materials are the largest cost at 26.1% of revenue (₹112.4 crore), followed by other operating expenses at 11.6% and employee costs at 4.8%. Long-term debt has been reduced to near-negligible levels after coming down from a FY23 peak of about ₹15 crore, and RoCE is reported at 18%.

Operating scale
Footwear capacity (current)
1 lakh pairs per monthFY26
Footwear capacity (post-expansion)
5 lakh pairs per monthQ2 FY27 onwards
Existing plant utilisation
85-90%FY26
OEM order win
₹39.70 croreJune 2026
Product range
1,300+ SKUsFY26
Expansion capex (planned)
up to ₹25 croreFY27
Who pays it
Other footwear brands via OEM contracts (Spykar, Red Chief, Cult Sport, Shein, Lee Cooper) and the Indian government under the PM Vishwakarma Scheme for toolkits
Biggest cost
Raw materials, at 26.1% of FY26 revenue (₹112.4 crore)
Kind of business
Footwear manufacturer running a parallel asset-light government toolkit distribution business
Where it sits
BSE-listed footwear OEM and own-brand player building capacity for the athleisure and sports segment at Kundli, Haryana
Market Cap
₹307 Cr
P / E (TTM)
14.8×
EV / EBITDA
9.1×
Div Yield
0.29%
Growth
24.0%▲
Revenue 5y CAGR
PAT +84.4% · EBITDA +34.2%
Quality
12.1%▲
ROCE (5y median)
ROE 6.4% (5y median) · margin 9.1%
Leverage
0.40·
Debt / Equity · low
Net debt ₹50 Cr
Revenue FY21→FY26
2.9×▲
Margin +4.2 pts
₹147 Cr → ₹431 Cr
Cash conversion
0.61×·
Operating cash ÷ profit · 5 yrs
₹28 Cr on ₹46 Cr
Moves on a normal day
1.20%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 10 Footwear peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#1/10
P/B#4/9
ROCE#3/11
ROE#4/9
Debt / Equity#7/9
EBITDA margin#9/10
Revenue growth#8/9
Profit growth#6/9

Scorecard

Measured from the filed financials, judged against its Footwear peers · as of FY26 — not investment advice

Strengths
Revenue compounding 24% a year over 5 years
Profit compounding 84% a year over 5 years
Profit grew in every one of the last 5 years
Concerns
Carries more debt than its peers — 0.40× equity
higher than 75% of its 9 Footwear peers
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from LEHAR FOOTWEARS LIMITED's filed financials and exchange disclosures

What does LEHAR FOOTWEARS LIMITED do?

LEHAR FOOTWEARS LIMITED is a Consumer Durables company listed on BSE.

Is LEHAR FOOTWEARS LIMITED profitable?

Yes. Over the trailing twelve months LEHAR FOOTWEARS LIMITED reported a net profit of ₹21 Cr on revenue of ₹431 Cr.

Does LEHAR FOOTWEARS LIMITED pay a dividend?

Yes. The dividend yield is 0.29% at the current price. It paid out 4% of its profit as dividend in FY26.

Is LEHAR FOOTWEARS LIMITED debt-free?

No. It reported borrowings of ₹53 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹50 Cr after cash. Debt stands at 0.40× equity. That is higher than 75% of its 9 Footwear peers.

Is LEHAR FOOTWEARS LIMITED expensive compared with its peers?

On trailing P/E, LEHAR FOOTWEARS LIMITED ranks 1 of 10 in Footwear — cheaper than 100% of them, against an industry median of 47.2×. This is a position, not a valuation judgement.

How much does the LEHAR FOOTWEARS LIMITED share price move in a day?

On a typical session LEHAR FOOTWEARS LIMITED moves 1.20% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track LEHAR FOOTWEARS LIMITED's announcements?

Every NSE and BSE filing by LEHAR FOOTWEARS LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.