Lehar Footwears Ltd
Incorporated in 1994, Lehar Footwears Ltd is a mass -footwear manufacturer and brand distribution company[1]
- Market Cap ₹ 425 Cr.
- Current Price ₹ 240
- High / Low ₹ 322 / 193
- Stock P/E 27.0
- Book Value ₹ 63.6
- Dividend Yield 0.21 %
- ROCE 12.4 %
- ROE 10.2 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 174% CAGR over last 5 years
Cons
- Stock is trading at 3.78 times its book value
- Company has a low return on equity of 8.01% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Footwear
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 71 | 84 | 93 | 73 | 75 | 94 | 95 | 147 | 137 | 203 | 194 | 277 | 356 | |
| 65 | 77 | 83 | 66 | 65 | 83 | 87 | 139 | 128 | 188 | 176 | 251 | 323 | |
| Operating Profit | 6 | 7 | 10 | 8 | 9 | 11 | 8 | 8 | 10 | 15 | 18 | 26 | 33 | 
| OPM % | 8% | 8% | 11% | 10% | 12% | 11% | 8% | 6% | 7% | 7% | 9% | 9% | 9% | 
| 1 | 1 | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | |
| Interest | 2 | 3 | 4 | 4 | 5 | 5 | 5 | 4 | 4 | 5 | 6 | 7 | 7 | 
| Depreciation | 1 | 1 | 2 | 2 | 3 | 3 | 4 | 4 | 3 | 3 | 4 | 5 | 5 | 
| Profit before tax | 3 | 3 | 5 | 2 | 2 | 3 | 0 | 1 | 4 | 7 | 9 | 14 | 21 | 
| Tax % | 35% | 33% | 35% | 38% | 17% | 28% | 36% | 29% | 32% | 21% | 26% | 25% | |
| 2 | 2 | 3 | 1 | 2 | 2 | 0 | 1 | 3 | 5 | 7 | 11 | 16 | |
| EPS in Rs | 1.24 | 1.56 | 2.23 | 0.96 | 1.43 | 1.61 | 0.05 | 0.72 | 1.83 | 3.27 | 3.71 | 6.15 | 8.91 | 
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 8% | 13% | 8% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% | 
| 5 Years: | 24% | 
| 3 Years: | 26% | 
| TTM: | 85% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% | 
| 5 Years: | 174% | 
| 3 Years: | 65% | 
| TTM: | 137% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% | 
| 5 Years: | 71% | 
| 3 Years: | 35% | 
| 1 Year: | -1% | 
| Return on Equity | |
|---|---|
| 10 Years: | 5% | 
| 5 Years: | 6% | 
| 3 Years: | 8% | 
| Last Year: | 10% | 
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 16 | 18 | 18 | 
| Reserves | 19 | 21 | 24 | 38 | 41 | 43 | 45 | 46 | 57 | 73 | 83 | 95 | 
| 21 | 27 | 37 | 42 | 43 | 40 | 41 | 33 | 58 | 66 | 68 | 66 | |
| 11 | 16 | 18 | 29 | 35 | 34 | 45 | 46 | 38 | 70 | 50 | 81 | |
| Total Liabilities | 66 | 79 | 94 | 123 | 133 | 130 | 145 | 139 | 166 | 224 | 218 | 259 | 
| 17 | 17 | 25 | 50 | 53 | 55 | 57 | 58 | 68 | 73 | 79 | 83 | |
| CWIP | 3 | 7 | 4 | 0 | 1 | 0 | 0 | 0 | 0 | 4 | 0 | 0 | 
| Investments | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 
| 45 | 55 | 64 | 73 | 79 | 76 | 88 | 81 | 99 | 147 | 139 | 177 | |
| Total Assets | 66 | 79 | 94 | 123 | 133 | 130 | 145 | 139 | 166 | 224 | 218 | 259 | 
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | -2 | 1 | 4 | 9 | 14 | 6 | 17 | -17 | -2 | 2 | 20 | |
| -4 | -2 | -6 | -6 | -7 | -4 | -6 | -3 | -2 | -14 | -6 | -8 | |
| 3 | 5 | 4 | 1 | -3 | -8 | -1 | -14 | 22 | 15 | 3 | -11 | |
| Net Cash Flow | 1 | 1 | -0 | -0 | -0 | 2 | -1 | -1 | 3 | -1 | -1 | 1 | 
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 87 | 94 | 121 | 154 | 143 | 105 | 128 | 85 | 106 | 135 | 97 | 121 | 
| Inventory Days | 122 | 136 | 152 | 188 | 263 | 189 | 291 | 127 | 187 | 153 | 200 | 125 | 
| Days Payable | 58 | 61 | 75 | 164 | 194 | 149 | 231 | 134 | 104 | 144 | 108 | 122 | 
| Cash Conversion Cycle | 151 | 168 | 198 | 177 | 212 | 144 | 188 | 78 | 189 | 144 | 189 | 124 | 
| Working Capital Days | 55 | 67 | 61 | 68 | 68 | 48 | 54 | 49 | 55 | 51 | 68 | 46 | 
| ROCE % | 10% | 10% | 12% | 7% | 7% | 9% | 5% | 6% | 7% | 8% | 9% | 12% | 
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Oct
- Closure of Trading Window 30 Sep
- 
        
          Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
          
            16 Sep - AGM held Sept 15, 2025; FY2025 financials adopted; final dividend Rs0.50/share; all four resolutions passed.
- 31St Annual General Meeting Investor Presentation. 15 Sep
- 
        
          Shareholder Meeting / Postal Ballot-Outcome of AGM
          
            15 Sep - AGM on 15 Sep 2025: adopted FY2024-25 financials; final dividend Rs0.50/share; reappointment and secretarial auditor approved.
Annual reports
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      Financial Year 2025
      from bse
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      Financial Year 2024
      from bse
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      Financial Year 2023
      from bse
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      Financial Year 2022
      from bse
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      Financial Year 2021
      from bse
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      Financial Year 2020
      from bse
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      Financial Year 2019
      from bse
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      Financial Year 2018
      from bse
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      Financial Year 2017
      from bse
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      Financial Year 2016
      from bse
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      Financial Year 2015
      from bse
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      Financial Year 2014
      from bse
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      Financial Year 2013
      from bse
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      Financial Year 2012
      from bse
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      Financial Year 2011
      from bse
Business Overview:[1][2]
LFL is an ISO certified family-owned business that provides rubber footwear. It is a mass-footwear manufacturer in Rajasthan, offering non-leather footwear across India. Company deals in the open footwear segment (slippers /sandals) and school shoes, with styles ranging from casual wear to formal wear, daily wear to sportswear. It offers a full range of other footwear products made from materials like Poly-Urethane (PU), Poly Vinyl Chloride (PVC), Ethylene-Vinyl Acetate (EVA), and Thermo Plastic Rubber (TPR) soles.