Lehar Footwears Ltd

Lehar Footwears Ltd

₹ 132 4.99%
09 Jun 1:16 p.m.
About

Lehar Footwears Ltd manufactures a variety of footwear like lightweight fancy slippers, PVC and TPR footwear, synthetic leather chappals in addition to Hawai Chappals and canvas shoes. [1]

Key Points

Product Portfolio
The Co offers Light Weight Hawai Chappals, Canvas Shoes, PVC Shoes, Synthetic Leather Chappals, Fancy Chappals, and also EVA Injected Footwear. The Co markets these products under the brand name 'LEHAR'. [1]

  • Market Cap 197 Cr.
  • Current Price 132
  • High / Low 143 / 33.0
  • Stock P/E 38.3
  • Book Value 59.4
  • Dividend Yield 0.00 %
  • ROCE 8.16 %
  • ROE 6.42 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 21.3% CAGR over last 5 years
  • Promoter holding has increased by 2.11% over last quarter.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 4.18% over last 3 years.
  • Debtor days have increased from 109 to 136 days.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
21.98 24.21 28.64 43.66 50.63 31.14 48.98 27.40 29.96 36.51 79.57 35.69 50.39
19.77 24.10 26.58 40.62 47.56 29.02 45.63 24.93 28.40 34.39 74.99 32.59 46.33
Operating Profit 2.21 0.11 2.06 3.04 3.07 2.12 3.35 2.47 1.56 2.12 4.58 3.10 4.06
OPM % 10.05% 0.45% 7.19% 6.96% 6.06% 6.81% 6.84% 9.01% 5.21% 5.81% 5.76% 8.69% 8.06%
0.23 0.15 0.15 0.22 0.23 0.25 0.12 0.24 0.74 0.18 0.29 0.05 0.62
Interest 1.55 0.84 0.99 1.01 1.07 0.66 1.10 1.05 1.08 1.06 1.24 1.26 1.46
Depreciation 0.93 0.93 0.95 0.95 0.91 0.71 0.85 0.86 0.88 0.86 0.86 0.85 0.89
Profit before tax -0.04 -1.51 0.27 1.30 1.32 1.00 1.52 0.80 0.34 0.38 2.77 1.04 2.33
Tax % 375.00% 29.14% 33.33% 26.92% 29.55% 27.00% 26.97% 23.75% 85.29% 23.68% 26.35% -5.77% 26.61%
Net Profit 0.11 -1.08 0.18 0.94 0.93 0.74 1.10 0.61 0.06 0.29 2.04 1.09 1.71
EPS in Rs 0.08 -0.79 0.13 0.69 0.68 0.54 0.80 0.45 0.04 0.21 1.49 0.80 1.14
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
48 63 71 84 93 73 75 94 95 147 137 202
45 58 65 77 83 66 65 83 87 139 128 188
Operating Profit 4 5 6 7 10 8 9 11 8 8 10 14
OPM % 8% 7% 8% 8% 11% 10% 12% 11% 8% 6% 7% 7%
1 1 1 1 0 1 0 0 1 1 1 1
Interest 1 2 2 3 4 4 5 5 5 4 4 5
Depreciation 1 1 1 1 2 2 3 3 4 4 3 3
Profit before tax 2 2 3 3 5 2 2 3 0 1 4 7
Tax % 35% 36% 35% 33% 35% 38% 17% 28% 36% 29% 32% 21%
Net Profit 1 1 2 2 3 1 2 2 0 1 3 5
EPS in Rs 0.89 1.00 1.24 1.56 2.23 0.96 1.43 1.61 0.05 0.72 1.83 3.43
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 12%
5 Years: 22%
3 Years: 29%
TTM: 47%
Compounded Profit Growth
10 Years: 14%
5 Years: 21%
3 Years: 318%
TTM: 110%
Stock Price CAGR
10 Years: 34%
5 Years: 28%
3 Years: 93%
1 Year: 251%
Return on Equity
10 Years: 4%
5 Years: 4%
3 Years: 4%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
14 14 14 14 14 14 14 14 14 14 14 16
Reserves 16 17 19 21 24 38 41 43 45 46 57 73
11 16 21 27 37 42 43 40 41 33 58 66
10 11 11 16 18 29 35 34 45 46 38 70
Total Liabilities 50 58 66 79 94 123 133 130 145 139 166 224
11 12 17 17 25 50 53 55 57 58 68 73
CWIP 0 1 3 7 4 0 1 0 0 0 0 4
Investments 1 1 1 0 0 0 0 0 0 0 0 0
38 44 45 55 64 73 79 76 88 81 99 147
Total Assets 50 58 66 79 94 123 133 130 145 139 166 224

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0 -0 2 -2 1 4 9 14 6 17 -17 -2
-4 -3 -4 -2 -6 -6 -7 -4 -6 -3 -2 -14
2 3 3 5 4 1 -3 -8 -1 -14 22 15
Net Cash Flow -2 -0 1 1 -0 -0 -0 2 -1 -1 3 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 126 107 87 94 121 154 143 105 128 85 106 136
Inventory Days 107 110 122 136 152 188 263 189 291 127 187 143
Days Payable 73 65 58 61 75 164 194 149 231 134 104 135
Cash Conversion Cycle 161 152 151 168 198 177 212 144 188 78 189 144
Working Capital Days 164 154 152 147 157 214 218 159 169 93 169 142
ROCE % 9% 10% 10% 10% 12% 7% 7% 9% 5% 6% 7% 8%

Shareholding Pattern

Numbers in percentages

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Apr 2023
67.41 67.41 67.79 67.92 67.92 67.92 67.92 67.92 68.70 68.70 70.82 70.82
32.59 32.59 32.21 32.08 32.08 32.08 32.08 32.08 31.30 31.29 29.19 29.19

Documents

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