MarketFriction

Liberty Shoes Ltd

NSE LIBERTSHOE · BSE 526596 · Footwear
₹216.78 -1.91%
NSE close2026-10-01
52 week range210.50 - 348.75
Market cap₹382 Cr.
P/E44.8
Price band 20% Delivery 52.2%

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
Sales171.79152.08169.64155.93171.80160.10187.66172.79174.23180.92212.05169.86
Expenses156.29141.42144.30139.85157.21146.69162.53156.82159.08167.68192.08156.35
Operating Profit15.5010.6625.3416.0814.5913.4125.1315.9715.1513.2419.9713.51
OPM %9.02%7.01%14.94%10.31%8.49%8.38%13.39%9.24%8.70%7.32%9.42%7.95%
Other Income-0.040.07-4.590.13-2.550.18-0.150.220.06-0.010.38-0.13
Interest4.022.763.173.023.332.933.883.823.993.824.344.25
Depreciation7.667.7310.856.556.846.8912.507.858.158.299.737.99
Profit before tax3.780.246.736.641.873.778.604.523.071.126.281.14
Tax %30.42%25.00%25.85%29.67%50.80%37.14%34.77%26.33%35.50%47.32%15.61%40.35%
Net Profit2.640.184.984.660.922.375.613.331.970.595.300.68
EPS in Rs1.550.112.922.730.541.393.291.951.160.353.110.40
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales454497546602652458488654637675740737
Expenses411457505561592407443593570606676675
Operating Profit434040416051456267696462
OPM %9%8%7%7%9%11%9%9%11%10%9%8%
Other Income-10-005-0-0-0-5-210
Interest161616151414121214131616
Depreciation141413133334293234333434
Profit before tax1210111317241815211512
Tax %18%36%39%49%39%89%44%28%27%35%25%
Net Profit107771102131114119
EPS in Rs5.993.843.874.016.210.151.317.586.557.966.575.02
Dividend Payout %0%0%0%0%0%0%190%33%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth5%10%4%6%
Compounded Profit Growth0%104%-6%-39%
Stock Price CAGR3%6%-5%-32%
Return on Equity5%6%6%5%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital171717171717171717171717
Reserves128138145151158169169172181192206217
Borrowings13913513611610912497125160147156166
Other Liabilities12199127129136332234118112107118123
Total Liabilities404389425414420642517432471464497523
Fixed Assets9798939188178153136160165173184
CWIP111001000044
Investments111111100000
Other Assets306289330322330462363295310299319335
Total Assets404389425414420642517432471464497523
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3539223229153333894887480
Cash from Investing Activity-17-16-8-11-10-117-9-8-55-44-44-45
Cash from Financing Activity-19-22-14-21-19-37-24-30-39-43-30-35
Net Cash Flow-1001-1-1-0-1011-0
Free Cash Flow172314211734233894887480
CFO/OP88%98%63%85%76%262%68%89%162%136%115%129%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days8077886863113877249566354
Inventory Days191243249216207213347257237206223204
Days Payable12112714213011421521412292878577
Cash Conversion Cycle150193195153156111220208193175200180
Working Capital Days283541475559979971737772
ROCE %12%10%9%9%10%9%6%6%9%9%10%8%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters58.50%58.50%58.50%58.50%58.36%58.32%58.32%58.32%58.52%58.46%59.10%59.34%
FIIs0.15%0.00%0.67%0.64%0.56%0.68%0.73%0.39%0.17%0.18%0.11%0.10%
Public41.35%41.50%40.83%40.86%41.08%41.01%40.96%41.29%41.30%41.36%40.79%40.56%
No. of Shareholders28,82827,82925,18323,29021,32820,69320,94921,08121,56121,43421,54821,331

Fundamentals

Market Cap₹ 382 Cr.
Current Price₹ 226
Stock P/E44.8
Book Value₹ 137
ROCE7.91 %
ROE4.82 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)6%
Compounded Profit Growth (TTM)-39%
Standalone figures.
Valuation
Market capRs 369 Cr
Enterprise valueRs 529 Cr
P/E (TTM)43.25x
Price to book1.58x
Price to sales0.50x
EV / EBITDA8.52x
EV / EBIT18.90x
EV / sales0.72x
Price to cash flow4.63x
Earnings yield2.31%
P/E, 3-year average38.36x
P/B, 3-year average2.09x
P/E, 5-year average50.43x
P/B, 5-year average1.85x
Profitability
Operating margin (excl. other income)8.69%
Operating margin (incl. other income)8.78%
EBITDA margin8.43%
Pre-tax margin1.58%
Net profit margin1.16%
Net margin, latest quarter0.40%
ROE4.90%
ROCE7.95%
ROA2.20%
ROE, 3-year average5.56%
ROCE, 3-year average8.43%
ROA, 3-year average2.47%
ROE, 5-year average4.91%
ROCE, 5-year average7.92%
ROA, 5-year average2.15%
ROIC (approx.)5.32%
Tax rate25.23%
Other income / net worth0.28%
Growth
Sales growth (latest year)9.55%
Profit growth (latest year)-17.48%
Sales CAGR, 3 years4.19%
Sales CAGR, 5 years10.07%
Profit CAGR, 3 years-4.65%
Profit CAGR, 5 years113.88%
Sales growth QoQ-19.90%
Profit growth QoQ-87.17%
Sales growth YoY (latest quarter)-1.70%
Profit growth YoY (latest quarter)-79.58%
Per share
EPS (TTM)Rs 5.01
EPS (latest year)Rs 6.57
EPS (latest quarter)Rs 0.40
EPS, 3-year averageRs 7.02
EPS, 5-year averageRs 5.99
Book value per shareRs 137.19
Sales per shareRs 432.55
Cash flow per shareRs 46.81
Free cash flow per shareRs 46.95
Dividend per share, 5-year averageRs 2.50
Dividends
Dividend payout, 5-year average111.59%
Efficiency
Asset turnover1.42x
Fixed asset turnover4.02x
Inventory turnover2.17x
Inventory days168 days
Debtor days54 days
Debtors turnover6.82x
Creditor days77 days
Cash conversion cycle180 days
Working capital days72 days
Leverage
Total debtRs 166 Cr
Cash and bankRs 6 Cr
Net debtRs 160 Cr
Debt to equity0.71x
Net debt / EBITDA2.57x
Interest coverage1.71x
Owners' fund to total sources44.73%
Debt to assets31.82%
Cash flow
Cash from Operating Activity (latest year)Rs 80 Cr
Cash from Investing Activity (latest year)Rs -45 Cr
Cash from Financing Activity (latest year)Rs -35 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 80 Cr
FCFE (approx.: FCF + change in debt)Rs 90 Cr
Cash from ops / profit, 5 years7.33x
Sales to cash flow9.28x
Statement figures
Net sales (TTM)Rs 737 Cr
Net sales (latest year)Rs 740 Cr
Sales (latest quarter)Rs 170 Cr
Operating profit excl. other income (latest year)Rs 64 Cr
Operating profit (latest quarter)Rs 14 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 62 Cr
PBDT (TTM)Rs 46 Cr
Profit before tax (TTM)Rs 12 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 9 Cr
Net profit (latest year)Rs 11 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 34 Cr
Depreciation (latest quarter)Rs 8 Cr
Interest (TTM)Rs 16 Cr
Cost of goods sold (latest year)Rs 393 Cr
Total expenditure (latest year)Rs 676 Cr
Total income (latest year)Rs 741 Cr
Share capitalRs 17 Cr
ReservesRs 217 Cr
Shareholders' fundsRs 234 Cr
Total assetsRs 523 Cr
Net blockRs 184 Cr
Capital work in progressRs 4 Cr
ReceivablesRs 109 Cr
InventoryRs 181 Cr
Other liabilitiesRs 123 Cr
Shares outstanding (crore)1.70
Ownership
Promoter holding59.34% (+1.02 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 43.2 is at the 54th percentile of its own 8.4-year range (median 42.3, low 19.9, high 277.1).
P/B 1.58 is at the 38th percentile (median 1.85).
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.
PeriodLIBERTSHOENifty 50Difference
1 week-8.9%-2.8% -6.1 pts
1 month-9.5%-6.8% -2.7 pts
3 months-16.2%-7.6% -8.6 pts
6 months+1.7%+0.4% +1.3 pts
1 year-34.6%-9.9% -24.7 pts
2 years-56.9%-13.6% -43.3 pts
3 years-18.2%+14.2% -32.4 pts
5 years+27.6%+27.9% -0.3 pts

Red flags

F-score 5 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 ₹170 Cr -1.7% vs Jun 2025. Net profit ₹1 Cr -79.6%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-20Annual General Meeting
2023-09-22Annual General Meeting
2022-09-22Interim Dividend - Rs 2.50 Per Share
2022-09-22Annual General Meeting
2021-09-20 Annual General Meeting
2020-09-22 Annual General Meeting
2019-09-19 Annual General Meeting
2018-08-14 Annual General Meeting
2017-08-14 Anuual General Meeting
2016-09-09 Annual General Meeting
2015-09-21 Annual General Meeting / Dividend Rs 1.50/- Per Share
2014-09-19Annual General Meeting And Dividend Rs.1.50 Per Share
2013-09-11Annual General Meeting
2012-09-18Annual General Meeting
2011-09-21Annual General Meeting
2010-09-21Annual General Meeting
2009-09-23Annual General Meeting
2008-09-19Annual General Meeting
2007-09-21Agm
2006-09-13Agm
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.
Order dateForumCase
2020-08-11NCLTLiberty Footwear Co. Vs Liberty Shoes Ltd.
2020-08-11NCLTLiberty Group Marketing Division. Vs Liberty Shoes Ltd & Ors.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Liberty Shoes Ltd?

Liberty Shoes Ltd (LIBERTSHOE) has a market capitalisation of Rs 382 Cr. at the 2026-10-01 close.

What is the P/E ratio of Liberty Shoes Ltd?

Liberty Shoes Ltd trades at a P/E of 44.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Liberty Shoes Ltd's latest quarterly results?

In the Jun 2026 quarter, Liberty Shoes Ltd sales was Rs 170 Cr (-1.7% vs Jun 2025) and net profit was Rs 1 Cr.

What is the 52-week high and low of Liberty Shoes Ltd?

The 52-week high is Rs 348.75 and the 52-week low is Rs 210.50.

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