Liberty Shoes Ltd
Incorporated in 1954, Liberty Shoes manufactures and trades footwear, accessories and lifestyle products through its retail, ecommerce and wholesale network[1]
- Market Cap ₹ 681 Cr.
- Current Price ₹ 399
- High / Low ₹ 570 / 276
- Stock P/E 101
- Book Value ₹ 95.2
- Dividend Yield 0.00 %
- ROCE 8.81 %
- ROE 4.23 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.20 times its book value
- 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 6.87% over past five years.
- Company has a low return on equity of 7.80% over last 3 years.
- Dividend payout has been low at 5.04% of profits 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
206 | 226 | 260 | 260 | 268 | 311 | 357 | 362 | 484 | 526 | 454 | 497 | |
175 | 199 | 241 | 244 | 246 | 287 | 326 | 332 | 443 | 482 | 411 | 458 | |
Operating Profit | 31 | 27 | 19 | 17 | 22 | 24 | 31 | 30 | 41 | 44 | 43 | 39 |
OPM % | 15% | 12% | 7% | 6% | 8% | 8% | 9% | 8% | 8% | 8% | 9% | 8% |
1 | 2 | 8 | 0 | 0 | 0 | -4 | -0 | 0 | -0 | -1 | 0 | |
Interest | 5 | 9 | 15 | 15 | 10 | 10 | 14 | 14 | 16 | 16 | 16 | 16 |
Depreciation | 4 | 5 | 8 | 8 | 8 | 9 | 10 | 10 | 11 | 12 | 14 | 14 |
Profit before tax | 23 | 14 | 4 | -6 | 4 | 6 | 4 | 5 | 14 | 15 | 12 | 10 |
Tax % | 21% | 18% | 14% | -3% | 3% | -0% | -10% | -2% | 5% | -14% | 18% | 36% |
18 | 12 | 4 | -6 | 4 | 6 | 4 | 5 | 13 | 17 | 10 | 6 | |
EPS in Rs | 10.77 | 6.74 | 2.35 | -3.09 | 2.55 | 3.63 | 2.57 | 3.16 | 7.79 | 9.93 | 5.90 | 3.75 |
Dividend Payout % | 46% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | 19% | 15% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 7% |
3 Years: | 1% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | -5% |
5 Years: | 0% |
3 Years: | -21% |
TTM: | -39% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 24% |
3 Years: | 40% |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 8% |
3 Years: | 8% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
Reserves | 63 | 78 | 91 | 86 | 104 | 115 | 115 | 120 | 121 | 129 | 139 | 145 |
72 | 136 | 134 | 121 | 99 | 110 | 105 | 115 | 117 | 139 | 135 | 143 | |
44 | 67 | 68 | 84 | 60 | 87 | 96 | 100 | 114 | 121 | 100 | 121 | |
Total Liabilities | 196 | 298 | 311 | 308 | 280 | 329 | 332 | 352 | 369 | 406 | 391 | 426 |
52 | 88 | 103 | 101 | 94 | 102 | 103 | 110 | 99 | 97 | 98 | 93 | |
CWIP | 1 | 9 | 2 | 0 | -0 | 1 | 0 | 0 | 0 | 1 | 1 | 1 |
Investments | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
142 | 202 | 206 | 207 | 186 | 226 | 229 | 241 | 270 | 308 | 291 | 332 | |
Total Assets | 196 | 298 | 311 | 308 | 280 | 329 | 332 | 352 | 369 | 406 | 391 | 426 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
27 | 45 | 14 | 30 | 16 | 8 | 21 | 30 | 12 | 35 | 39 | 21 | |
-15 | -49 | -13 | -5 | -3 | -16 | -9 | -18 | -8 | -17 | -16 | -8 | |
-12 | 6 | -1 | -25 | -14 | 7 | -20 | -10 | -11 | -19 | -22 | -12 | |
Net Cash Flow | -0 | 2 | -0 | 0 | -1 | -2 | -8 | 2 | -8 | -1 | 0 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 88 | 120 | 107 | 107 | 85 | 73 | 73 | 80 | 87 | 80 | 77 | 88 |
Inventory Days | 232 | 313 | 255 | 232 | 225 | 248 | 219 | 236 | 162 | 191 | 243 | 249 |
Days Payable | 54 | 158 | 126 | 165 | 98 | 165 | 144 | 150 | 118 | 121 | 127 | 142 |
Cash Conversion Cycle | 266 | 275 | 235 | 175 | 211 | 155 | 148 | 166 | 131 | 150 | 193 | 195 |
Working Capital Days | 191 | 221 | 197 | 175 | 173 | 116 | 103 | 118 | 102 | 112 | 132 | 134 |
ROCE % | 12% | 7% | 5% | 7% | 7% | 9% | 8% | 12% | 12% | 10% | 9% |
Documents
Announcements
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Update On Petition Filed By Sh. Adesh Kumar Gupta And Other Shareholder Petitioners Before NCLT Chandigarh Under Section 241, 242 And 244 Of The Companies Act, 2013 Against The Company And Other Respondents
30 Jun - Shareholder petition appeal pending at Supreme Court after NCLAT dismissal; company to contest.
- Closure of Trading Window 30 Jun
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual Secretarial Compliance Report for FY 2024-25; minor past non-compliances resolved with fines paid.
- Annual Audited Financial Results For The Financial Year Ended 31St March, 2025 28 May
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Board Meeting Outcome for Outcome Of Board Meeting And Audited Annual Financial Results For The Financial Year Ended 31St March 2025
28 May - Audited FY25 results approved; annual incentives on hold; new independent director appointed subject to shareholder approval.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Business Overview:[1]
LSL is the flagship company of the Karnal (Haryana) based Liberty Group. It is in the business of manufacturing and selling leather and non-leather footwear. Company sells its merchandise through its pan India distribution network