Sreeleathers Ltd
Incorporated in 1991, Sreeleathers
Ltd is in the business of trading in
footwear and accessories through
its retail and wholesale network[1]
- Market Cap ₹ 436 Cr.
- Current Price ₹ 184
- High / Low ₹ 283 / 165
- Stock P/E 17.9
- Book Value ₹ 209
- Dividend Yield 0.54 %
- ROCE 7.31 %
- ROE 5.14 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.88 times its book value
Cons
- Company has a low return on equity of 6.31% 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 57 | 67 | 80 | 100 | 141 | 168 | 173 | 83 | 122 | 198 | 215 | 217 | 239 | |
| 46 | 54 | 64 | 79 | 109 | 130 | 133 | 67 | 98 | 162 | 178 | 185 | 208 | |
| Operating Profit | 11 | 13 | 16 | 21 | 32 | 38 | 40 | 16 | 24 | 36 | 38 | 32 | 30 |
| OPM % | 19% | 19% | 20% | 21% | 23% | 22% | 23% | 20% | 19% | 18% | 17% | 15% | 13% |
| 1 | 2 | 3 | 1 | 2 | 8 | 0 | 0 | 1 | 1 | 1 | 1 | 4 | |
| Interest | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 10 | 12 | 17 | 21 | 33 | 44 | 39 | 15 | 23 | 35 | 36 | 32 | 33 |
| Tax % | 33% | 32% | 35% | 35% | 34% | 30% | 26% | 26% | 27% | 26% | 26% | 29% | |
| 7 | 8 | 11 | 13 | 21 | 31 | 29 | 11 | 17 | 26 | 27 | 23 | 24 | |
| EPS in Rs | 2.81 | 3.36 | 4.49 | 5.33 | 8.50 | 12.36 | 11.43 | 4.81 | 7.14 | 11.06 | 11.60 | 9.75 | 10.52 |
| Dividend Payout % | 9% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 5% |
| 3 Years: | 21% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | -5% |
| 3 Years: | 11% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 5% |
| 3 Years: | 1% |
| 1 Year: | -19% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 6% |
| 3 Years: | 6% |
| Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 162 | 171 | 182 | 204 | 230 | 264 | 299 | 291 | 314 | 349 | 394 | 439 | 461 |
| 0 | 0 | 3 | 3 | 1 | 1 | 0 | 3 | 3 | 3 | 3 | 3 | 2 | |
| 21 | 11 | 12 | 15 | 32 | 26 | 15 | 13 | 14 | 19 | 19 | 21 | 30 | |
| Total Liabilities | 208 | 207 | 222 | 247 | 288 | 317 | 339 | 330 | 355 | 394 | 439 | 486 | 517 |
| 157 | 160 | 159 | 158 | 157 | 151 | 150 | 152 | 152 | 151 | 151 | 152 | 152 | |
| CWIP | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 30 | 29 | 28 | 64 | 77 | 130 | 167 | 159 | 182 | 219 | 264 | 315 | 343 |
| 17 | 17 | 35 | 25 | 55 | 36 | 21 | 19 | 21 | 23 | 24 | 19 | 22 | |
| Total Assets | 208 | 207 | 222 | 247 | 288 | 317 | 339 | 330 | 355 | 394 | 439 | 486 | 517 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 20 | -1 | 9 | 14 | 28 | 15 | 29 | 11 | 17 | 29 | 30 | 27 | |
| -18 | 3 | -6 | -16 | -4 | -32 | -34 | 25 | -16 | -25 | -30 | -27 | |
| -2 | -2 | -0 | -0 | -0 | -2 | 0 | -33 | -1 | -1 | -1 | -1 | |
| Net Cash Flow | -0 | -0 | 2 | -2 | 24 | -18 | -5 | 2 | 0 | 4 | -1 | -0 |
| Free Cash Flow | 19 | -1 | 9 | 14 | 28 | 28 | 29 | 11 | 16 | 28 | 29 | 25 |
| CFO/OP | 178% | -10% | 54% | 103% | 122% | 76% | 98% | 110% | 99% | 105% | 105% | 114% |
Ratios
Figures in Rs. Crores
| 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 | 15 | 3 | 1 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 |
| Inventory Days | 40 | 51 | 53 | 50 | 39 | 44 | 43 | 69 | 53 | 35 | 28 | 20 |
| Days Payable | 25 | 15 | 22 | 25 | 15 | 21 | 22 | 35 | 26 | 19 | 18 | 16 |
| Cash Conversion Cycle | 29 | 40 | 32 | 28 | 24 | 23 | 22 | 35 | 28 | 17 | 11 | 5 |
| Working Capital Days | -56 | 9 | 12 | 6 | -14 | 11 | 12 | 21 | 16 | 6 | 4 | -2 |
| ROCE % | 6% | 6% | 8% | 9% | 13% | 14% | 13% | 5% | 7% | 10% | 9% | 7% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Counts |
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| Number of Dealer Showrooms Counts |
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Documents
Announcements
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
10h - Sreeleathers confirms it is not a Large Corporate under SEBI debt circular for FY 2026-27.
-
Closure of Trading Window
31 Mar - Trading window closed from 01.04.2026 until 48 hours after Q4/FY2026 results declaration.
-
Announcement Under Regulation 30 (LODR)-Communication To Shareholders - Intimation On Tax Deduction On Interim Dividend.
9 Feb - Interim dividend Rs1/share declared; record date 13-Feb-2026; payable by 25-Feb-2026; TDS guidance/forms.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Feb - Newspaper Publication regarding Notice for declaration of Interim Dividend and Payment Date.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Feb - Newspaper advertisement under Regulations 47 of SEBI (LODR) Regulations,2015 for Financial Result Quarter Ended 31.12.2025
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 2013
from bse
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Financial Year 2012
from bse
Business Overview:[1][2]
SL is in the business of Leather and Non-Leather footwear and accessories with distribution network comprising exclusive stores and 27 dealers. Its flagship store viz. Lindsay street showroom holds the record for being the World’s Largest Single brand footwear store.
Company has 3 operational business units, 2 in Kolkata and 1 in Jaipur.[3]