Lehar Footwears share price & results
- Jun 2026
- Sept 2026
Jaipur-based manufacturer of non-leather (EVA/PVC/PU) footwear — slippers, sandals, casual, school and sports shoes — under the Lehar and Rannr brands, plus government-scheme toolkit supply under PM Vishwakarma.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 75.0 | −47.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 9.3 | +0.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 3.0 | −58.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | −1.2 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | −2.2 pts | Fiscal year | FY · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Revenue growth (YoY) | +21.4 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −28.9% 1Y
1Y: ₹243.9 on 24 Oct 2025 → ₹173.5. High ₹279.4 (10 Nov 2025), low ₹163.7 (30 Mar 2026).
- Previous close
- ₹170
- Market cap
- ₹421 Cr
- 52-week range
- ₹163.7 – ₹279.4
- One year
- −27.96%
Overview
- Symbol
- NSE:LEHAR
- Sector
- Consumer Durables
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What LEHAR FOOTWEARS LIMITED does
Based on the company's own presentations, annual report and earnings calls.
Lehar Footwears is a homegrown footwear maker established in 1994 that manufactures non-leather EVA/PVC/PU injected footwear — slippers, sandals, casual, school, canvas and sports shoes — for men, women and kids, sold under its own Lehar and newly launched Rannr brands as well as via OEM supply to brands such as Spykar, Red Chief, Cult Sport, Yoho, Shein, Lee Cooper, Plaeto and Exelerate. Products are made at five manufacturing facilities in Rajasthan and Haryana, including a Kundli athleisure unit, and distributed pan-India through a wholesaler/distributor network, modern trade and e-commerce, alongside exports to Asia, Africa and the Middle East. Since FY2024-25 the company has also run an asset-light toolkit-supply business, procuring, assembling and delivering carpenter tool kits under the government's PM Vishwakarma Scheme in partnership with NSIC.
Segments
- Footwear
- Toolkit supply
- Manufacturing facilities
- 5 (Rajasthan & Haryana, incl. Kundli athleisure unit)
- Product SKUs
- 1,300+ across Men, Women & Kids
- Distributor network
- 520+
- Distribution reach
- 27 states across India
- Export presence
- 20+ countries
- Modern trade customers
- 12
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 5 fiscal years held (Mar 2007 to Mar 2012).
Financials
What the filings say
Net profit, year on year: −59% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 38 | 67 | 109 | 142 | 141 | 57 | 91 | 75 |
| Expenses | 33 | 61 | 100 | 130 | 128 | 51 | 83 | 68 |
| Operating profit | 4 | 6 | 10 | 13 | 13 | 6 | 8 | 7 |
| Operating margin | 11.9% | 9.1% | 8.8% | 8.9% | 9.0% | 9.9% | 8.8% | 9.3% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 2 | 3 | 6 | 10 | 10 | 3 | 5 | 4 |
| Tax rate | 27.0% | 29.0% | 22.2% | 25.2% | 27.6% | 25.9% | 22.3% | 25.3% |
| Net profit | 1 | 2 | 5 | 7 | 7 | 2 | 4 | 3 |
| EPS (₹ per share) | 0.72 | 1.23 | 2.85 | 4.11 | 4.12 | 1.20 | 2.34 | 1.70 |
| Line item | Mar 2011 | Mar 2012 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 36 | 53 | 202 | 194 | 277 | 431 |
| Expenses | 32 | 49 | 188 | 176 | 251 | 392 |
| Operating profit | 3 | 3 | 14 | 18 | 26 | 39 |
| Other income | 1 | 1 | 1 | 1 | 0 | 0 |
| Interest | 1 | 1 | 5 | 6 | 7 | 5 |
| Depreciation | 1 | 1 | 3 | 4 | 5 | 6 |
| Profit before tax | 2 | 2 | 7 | 9 | 14 | 28 |
| Net profit | 1 | 1 | 5 | 7 | 11 | 21 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 14 | 16 | 18 | 18 | 18 | 18 |
| Reserves | 57 | 73 | 83 | 95 | 108 | 115 |
| Borrowings | 58 | 66 | 68 | 66 | 58 | 58 |
| Other liabilities | 38 | 70 | 50 | 81 | 73 | 83 |
| Total liabilities | 166 | 224 | 218 | 259 | 257 | 273 |
| Fixed assets | 68 | 73 | 79 | 83 | 88 | 89 |
| Capital work in progress | 0 | 4 | 0 | 0 | 0 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 99 | 147 | 139 | 177 | 169 | 182 |
| Total assets | 166 | 224 | 218 | 259 | 257 | 273 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 17 | -17 | -2 | 2 | 20 | 25 |
| Cash from investing | -3 | -2 | -14 | -6 | -8 | -6 |
| Cash from financing | -14 | 22 | 15 | 3 | -11 | -19 |
| Net cash flow | -1 | 3 | -1 | -1 | 1 | 0 |
| Free cash flow | 12 | -20 | -14 | -6 | 12 | 10 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 85 | 106 | 135 | 97 | 121 | 66 |
| Inventory days | 127 | 187 | 153 | 200 | 125 | 92 |
| Days payable | 134 | 104 | 144 | 108 | 122 | 71 |
| Cash conversion cycle | 78 | 189 | 144 | 189 | 124 | 87 |
| Working capital days | 49 | 55 | 51 | 68 | 46 | 41 |
| Return on capital employed | 6.0% | 7.0% | 8.0% | 9.0% | 12.0% | 18.0% |
| Dividend payout | 0.0% | 0.0% | 8.0% | 13.0% | 8.0% | 4.0% |
What the price assumes
AttractiveTo justify its price of ₹174, this stock must grow earnings at 11% every year for 7 years. Our analysis caps realistic growth at ~64%. At that growth it is worth ₹2146 — upside of 1137%.
- Growth the price implies
- 11.0% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 64.5% a year
- net profit, FY23–FY26
- The gap
- -0.5 pp
- 1137% downside if it only repeats history
Ownership
Who owns it
Promoters hold 72.93% as of Sept 2026; institutions added 0.00 pts since Jun 2026.
- Promoters 72.93%
- Foreign institutions 0.26%
- Public 26.82%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- +0.08 pp 2.28% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of LEHAR FOOTWEARS LIMITED above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 20.01% | unchanged | |
| 9.86% | unchanged | |
| 8.28% | unchanged | |
| 6.44% | unchanged | |
| 5.21% | unchanged | |
| 3.40% | unchanged | |
| 2.47% | unchanged | |
| 2.28% | +0.08 pp | |
| 2.23% | unchanged | |
| 1.62% | unchanged | |
| 1.58% | unchanged | |
| 1.52% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
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