MarketFriction

Lehar Footwears Ltd

BSE 532829 · Footwear
₹198.05 +0.69%
BSE close2026-10-01
Market cap₹355 Cr.
P/E21.4

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales55.5935.7538.0663.2037.6566.92109.45142.20140.5257.1391.2674.95
Expenses50.4331.8334.3157.3133.1660.8299.78129.52127.9151.4983.2467.94
Operating Profit5.163.923.755.894.496.109.6712.6812.615.648.027.01
OPM %9.28%10.97%9.85%9.32%11.93%9.12%8.84%8.92%8.97%9.87%8.79%9.35%
Other Income0.200.110.400.030.000.110.120.060.070.030.060.06
Interest1.611.381.461.601.571.832.051.631.221.211.171.39
Depreciation1.051.111.071.161.181.311.261.381.381.571.581.65
Profit before tax2.701.541.623.161.743.076.489.7310.082.895.334.03
Tax %25.19%32.47%24.07%24.68%27.01%28.99%22.22%25.18%27.58%25.95%22.33%25.31%
Net Profit2.021.031.222.381.272.185.047.277.292.134.143.01
EPS in Rs1.240.630.691.350.721.232.854.114.121.202.341.70
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9373759495147137203194277431364
Expenses8366658387139128188176251392331
Operating Profit10891188101518263933
OPM %11%10%12%11%8%6%7%7%9%9%9%9%
Other Income010011111000
Interest445554456755
Depreciation223344334566
Profit before tax522301479142822
Tax %35%38%17%28%36%29%32%21%26%25%26%
Net Profit312201357112117
EPS in Rs2.230.961.431.610.050.721.833.273.716.1511.799.36
Dividend Payout %0%0%0%0%0%0%0%8%13%8%4%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth17%24%29%2%
Compounded Profit Growth21%84%60%5%
Stock Price CAGR18%38%5%-19%
Return on Equity7%10%12%17%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital141414141414141416181818
Reserves2124384143454657738395115
Borrowings273742434041335866686658
Other Liabilities161829353445463870508183
Total Liabilities7994123133130145139166224218259273
Fixed Assets172550535557586873798389
CWIP740100004002
Investments000000000000
Other Assets5564737976888199147139177182
Total Assets7994123133130145139166224218259273
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-214914617-17-222025
Cash from Investing Activity-2-6-6-7-4-6-3-2-14-6-8-6
Cash from Financing Activity541-3-8-1-1422153-11-19
Net Cash Flow1-0-0-02-1-13-1-11-0
Free Cash Flow-7-6-1310012-20-14-61210
CFO/OP-16%22%71%101%137%90%204%-169%-7%20%89%72%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days94121154143105128851061359712166
Inventory Days13615218826318929112718715320012592
Days Payable617516419414923113410414410812271
Cash Conversion Cycle1681981772121441887818914418912487
Working Capital Days676168684854495551684641
ROCE %10%12%7%7%9%5%6%7%8%9%12%18%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters70.99%70.99%72.90%72.90%72.90%72.90%72.90%72.90%72.93%72.93%72.90%72.93%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.26%0.26%
Public29.01%29.01%27.10%27.09%27.10%27.09%27.09%27.10%27.06%27.07%26.84%26.81%
No. of Shareholders4,5905,5126,1795,8275,1705,1595,3305,5466,1046,2855,9035,749

Fundamentals

Market Cap₹ 355 Cr.
Current Price₹ 201
Stock P/E21.4
Book Value₹ 74.9
ROCE18.1 %
ROE17.0 %
Dividend Yield0.25 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)2%
Compounded Profit Growth (TTM)5%
Standalone figures.
Valuation
Market capRs 350 Cr
Enterprise valueRs 403 Cr
P/E (TTM)21.13x
Price to book2.64x
Price to sales0.96x
EV / EBITDA12.04x
EV / EBIT14.77x
EV / sales1.11x
Price to cash flow13.86x
Earnings yield4.73%
Dividend yield0.25%
P/E, 3-year average27.31x
P/B, 3-year average2.57x
P/E, 5-year average24.56x
P/B, 5-year average1.93x
Profitability
Operating margin (excl. other income)9.05%
Operating margin (incl. other income)9.10%
EBITDA margin9.21%
Pre-tax margin6.14%
Net profit margin4.55%
Net margin, latest quarter4.02%
ROE17.02%
ROCE18.07%
ROA7.83%
ROE, 3-year average11.39%
ROCE, 3-year average13.23%
ROA, 3-year average5.11%
ROE, 5-year average8.88%
ROCE, 5-year average11.06%
ROA, 5-year average3.92%
ROIC (approx.)10.94%
Tax rate25.60%
Other income / net worth0.16%
Growth
Sales growth (latest year)55.51%
Profit growth (latest year)91.72%
Sales CAGR, 3 years28.64%
Sales CAGR, 5 years23.99%
Profit CAGR, 3 years59.56%
Profit CAGR, 5 years84.30%
Sales growth QoQ-17.87%
Profit growth QoQ-27.29%
Sales growth YoY (latest quarter)-47.29%
Profit growth YoY (latest quarter)-58.60%
Per share
EPS (TTM)Rs 9.37
EPS (latest year)Rs 11.79
EPS (latest quarter)Rs 1.70
EPS, 3-year averageRs 7.22
EPS, 5-year averageRs 5.35
Book value per shareRs 74.91
Sales per shareRs 205.82
Cash flow per shareRs 14.29
Free cash flow per shareRs 5.66
Dividend per share (latest year)Rs 0.50
Dividend per share, 3-year averageRs 0.50
Dividend per share, 5-year averageRs 0.44
Dividends
Dividend payout4.22%
Dividend payout, 3-year average8.58%
Dividend payout, 5-year average8.33%
Efficiency
Asset turnover1.58x
Fixed asset turnover4.87x
Inventory turnover4.47x
Inventory days82 days
Debtor days66 days
Debtors turnover5.55x
Creditor days71 days
Cash conversion cycle87 days
Working capital days41 days
Leverage
Total debtRs 58 Cr
Cash and bankRs 5 Cr
Net debtRs 53 Cr
Debt to equity0.44x
Net debt / EBITDA1.59x
Interest coverage5.47x
Owners' fund to total sources48.51%
Debt to assets21.20%
Cash flow
Cash from Operating Activity (latest year)Rs 25 Cr
Cash from Investing Activity (latest year)Rs -6 Cr
Cash from Financing Activity (latest year)Rs -19 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 10 Cr
FCFE (approx.: FCF + change in debt)Rs 2 Cr
Cash from ops / profit, 5 years0.60x
Sales to cash flow17.06x
Statement figures
Net sales (TTM)Rs 364 Cr
Net sales (latest year)Rs 431 Cr
Sales (latest quarter)Rs 75 Cr
Operating profit excl. other income (latest year)Rs 39 Cr
Operating profit (latest quarter)Rs 7 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 34 Cr
PBDT (TTM)Rs 29 Cr
Profit before tax (TTM)Rs 22 Cr
Tax (latest year)Rs 7 Cr
Net profit (TTM)Rs 17 Cr
Net profit (latest year)Rs 21 Cr
Net profit (latest quarter)Rs 3 Cr
Depreciation (TTM)Rs 6 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 352 Cr
Total expenditure (latest year)Rs 392 Cr
Total income (latest year)Rs 431 Cr
Share capitalRs 18 Cr
ReservesRs 115 Cr
Shareholders' fundsRs 132 Cr
Total assetsRs 273 Cr
Net blockRs 89 Cr
Capital work in progressRs 2 Cr
ReceivablesRs 78 Cr
InventoryRs 79 Cr
Other liabilitiesRs 83 Cr
Shares outstanding (crore)1.77
Ownership
Promoter holding72.93% (+0.03 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 21.1 is at the 21th percentile of its own 8.4-year range (median 47.4, low 12.2, high 92.4).
P/B 2.64 is at the 69th percentile (median 1.70).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period532829Nifty 50Difference
1 week-4.2%-2.8% -1.4 pts
1 month-3.5%-6.8% +3.3 pts
3 months-20.9%-7.6% -13.3 pts
3 years+14.5%+14.2% +0.3 pts
5 years+383.0%+27.9% +355.2 pts

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹75 Cr -47.3% vs Jun 2025. Net profit ₹3 Cr -58.6%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Lehar Footwears Ltd?

Lehar Footwears Ltd (532829) has a market capitalisation of Rs 355 Cr. at the 2026-10-01 close.

What is the P/E ratio of Lehar Footwears Ltd?

Lehar Footwears Ltd trades at a P/E of 21.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were Lehar Footwears Ltd's latest quarterly results?

In the Jun 2026 quarter, Lehar Footwears Ltd sales was Rs 75 Cr (-47.3% vs Jun 2025) and net profit was Rs 3 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03