Liberty Shoes Ltd

About [ edit ]

Liberty Shoes is engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network.

  • Market Cap 225 Cr.
  • Current Price 132
  • High / Low 182 / 98.0
  • Stock P/E
  • Book Value 102
  • Dividend Yield 0.00 %
  • ROCE 9.32 %
  • ROE 4.31 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.40% over past five years.
  • Company has a low return on equity of 4.22% for last 3 years.
  • Debtor days have increased from 81.38 to 113.46 days.
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
133.05 146.16 166.87 145.45 143.88 168.19 133.78 150.24 199.84 51.29 96.93 147.41
122.51 135.92 156.01 135.42 133.53 157.77 119.88 135.27 183.38 50.61 86.80 129.92
Operating Profit 10.54 10.24 10.86 10.03 10.35 10.42 13.90 14.97 16.46 0.68 10.13 17.49
OPM % 7.92% 7.01% 6.51% 6.90% 7.19% 6.20% 10.39% 9.96% 8.24% 1.33% 10.45% 11.86%
Other Income -0.69 0.22 0.05 -0.01 0.01 0.08 5.34 0.05 -0.59 0.06 0.08 0.15
Interest 3.76 3.72 3.48 3.64 3.97 3.22 3.32 3.92 3.85 3.35 3.54 3.59
Depreciation 3.27 3.45 3.54 3.54 2.94 3.18 8.30 8.35 8.67 8.27 8.29 8.28
Profit before tax 2.82 3.29 3.89 2.84 3.45 4.10 7.62 2.75 3.35 -10.88 -1.62 5.77
Tax % 39.01% 31.00% 48.33% 57.39% 60.87% 42.20% 26.38% 47.64% 52.84% 0.00% 0.00% 0.00%
Net Profit 1.72 2.26 2.02 1.21 1.35 2.36 5.61 1.44 1.58 -10.87 -1.62 5.77
EPS in Rs 1.01 1.33 1.19 0.71 0.79 1.38 3.29 0.85 0.93 -6.38 -0.95 3.39

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
241 260 298 333 336 484 526 454 497 546 602 652 495
216 236 273 303 309 443 482 411 458 505 561 592 451
Operating Profit 25 25 25 29 27 41 44 43 39 40 41 60 45
OPM % 10% 10% 8% 9% 8% 8% 8% 9% 8% 7% 7% 9% 9%
Other Income 1 0 0 -3 0 1 -0 -1 0 -0 1 6 -0
Interest 13 9 8 12 12 16 16 16 16 16 15 14 14
Depreciation 7 7 7 7 8 11 12 14 14 13 13 33 34
Profit before tax 7 9 10 7 7 14 15 12 10 11 13 18 -3
Tax % -3% 1% 0% -6% -2% 5% -14% 18% 36% 39% 49% 38%
Net Profit 8 9 10 8 7 13 17 10 7 7 7 11 -5
EPS in Rs 4.41 5.40 5.92 4.48 4.21 7.86 10.01 5.99 3.84 3.87 4.01 6.46 -3.01
Dividend Payout % 0% 0% 0% 0% 0% 19% 15% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years:10%
5 Years:4%
3 Years:9%
TTM:-17%
Compounded Profit Growth
10 Years:-2%
5 Years:-15%
3 Years:4%
TTM:-169%
Stock Price CAGR
10 Years:4%
5 Years:-7%
3 Years:-13%
1 Year:28%
Return on Equity
10 Years:6%
5 Years:5%
3 Years:4%
Last Year:4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
17 17 17 17 17 17 17 17 17 17 17 17 17
Reserves 105 114 125 132 139 121 128 138 145 151 158 169 157
Borrowings 102 88 91 94 105 117 139 135 136 116 109 124 121
52 53 87 90 94 114 121 99 127 129 136 332 262
Total Liabilities 276 273 320 333 355 368 404 389 425 414 420 642 556
85 83 86 87 87 99 97 98 93 91 88 178 164
CWIP 0 0 1 0 0 0 1 1 1 0 0 1 1
Investments 20 18 16 16 26 1 1 1 1 1 1 1 1
171 172 216 230 241 267 306 289 330 322 330 462 390
Total Assets 276 273 320 333 355 368 404 389 425 414 420 642 556

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
26 15 8 11 27 12 35 39 22 32 29 153
-4 -3 -10 -7 -18 -9 -17 -16 -8 -11 -10 -117
-22 -14 -0 -12 -8 -11 -19 -22 -14 -21 -19 -37
Net Cash Flow 1 -1 -2 -8 1 -8 -1 0 0 1 -1 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 9% 8% 8% 9% 8% 12% 12% 10% 9% 9% 10% 9%
Debtor Days 106 96 95 96 105 87 80 77 88 68 63 113
Inventory Turnover 1.85 2.08 2.13 2.17 2.07 2.59 2.21 1.56 1.65 1.78 1.84 1.88

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
61.02 59.33 59.30 59.30 59.30 59.30 59.30 59.30 59.30 59.30 59.30 59.30
1.21 1.23 0.84 0.87 0.93 0.91 0.90 0.91 0.22 0.00 0.00 0.00
37.76 39.45 39.86 39.83 39.77 39.79 39.80 39.79 40.48 40.70 40.70 40.70

Documents