Key Metrics 
Check Before You Invest 
10 Yrs X-Ray 
Valuation 
Analyst Note 
Qtr. Results 
Financials 
News 
About
Lehar Footwears Ltd (532829)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532829 NSE: Footwear | Small Cap | Lehar Footwears Share Price
₹212 -1.95 (-0.91%)
As on 07-Sep'26 10:25
Lehar Footwears Ltd (532829)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532829 NSE: Footwear | Small Cap | Lehar Footwears Share Price
₹212 -1.95 (-0.91%)
As on 07-Sep'26 10:25
Key Metrics
Valuation Multiples
Market Cap
₹378 Cr.
Current Price
₹212
52-Week Low / High
₹160 / 285
TTM EPS
₹9.4
TTM Sales
₹364 Cr.
Book Value per Share
₹60.9
P/E Ratio
22.81
Lower than its 5-year historical median
Industry PE
47.7
Price to Book (P/B)
3.51
In line with its 5-year historical median
Price to Sales (P/S)
1.04
In line with its 5-year historical median
EV/EBITDA
12.72
Lower than its 5-year historical median
Dividend Yield
0.24%
Profitability Efficiency
Return on Equity (ROE)
22.00%
Outperforms industry median
Return on Capital Employed (ROCE)
21.78%
Outperforms industry median
Return on Assets (ROA)
7.83%
Operating Profit Margin
9%
Net Profit Margin
4.83%
Gross Profit Margin
7.8%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
55.52%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
49.03%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
91.72%
Asset Quality
Promoter Holding
72.93%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹90 Cr.
Equity
₹17.7 Cr.
Face Value
₹10
All Time Low / High
₹2.65 / 322.20
Check Before You Invest
Quality
Somewhat GoodValuation
FairCheck Valuation charts
Price Trend
Weak
Is Lehar Footwears Ltd a good quality company?
Lehar Footwears Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Lehar Footwears Ltd performance compare with that of its Peers?
Revenue growth of Lehar Footwears Ltd vs industry peers?
Lehar Footwears Ltd revenue CAGR is 23.99%, compared to the industry median CAGR of 0.71%, indicating faster growth and gaining its market share.
Promoter shareholding and pledge status of Lehar Footwears Ltd?
Promoters hold 72.93% of the Lehar Footwears Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
How do the current valuation ratios compare with 5-year historical median and industry numbers?
10 Year X-Ray :
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Lehar Footwears Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 8.4% | 8.7% | 9.7% | 6.4% | 6.9% | 9% | 10.3% | 11% | 14.8% | 21.8% | - |
| Value Creation Index ⓘ | -0.4 | -0.4 | -0.3 | -0.5 | -0.5 | -0.4 | -0.3 | -0.2 | 0.1 | 0.6 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 73.3 | 74.6 | 94 | 94.7 | 147 | 137 | 203 | 194 | 277 | 431 | 364 |
| Sales YoY Gr. | - | 1.8% | 26% | 0.8% | 55.3% | -6.6% | 47.3% | -4.1% | 42.7% | 55.5% | - |
| Adj EPS ⓘ | 1 | 1.4 | 1.7 | -0.1 | 0.6 | 1.7 | 3.2 | 3.7 | 6.2 | 11.8 | 9.4 |
| YoY Gr. | - | 43.9% | 20.6% | -106.5% | NA | 185.3% | 85.6% | 15.2% | 65.3% | 91.7% | - |
| BVPS (₹) ⓘ | 25.7 | 27.7 | 29.2 | 31 | 31.6 | 33.3 | 38.7 | 42.4 | 47.9 | 59.2 | 60.9 |
| Adj Net Profit ⓘ | 1.3 | 1.9 | 2.3 | -0.2 | 0.8 | 2.4 | 5.1 | 6.6 | 10.9 | 20.8 | 17 |
| Cash Flow from Ops. ⓘ | 4.4 | 9.3 | 13.9 | 6.4 | 17.1 | -17.2 | -2.2 | 1.8 | 20.3 | 25.3 | - |
| Debt/CF from Ops. ⓘ | 9.7 | 4.7 | 2.9 | 6.5 | 1.8 | -3.3 | -30 | 36.3 | 3.1 | 2.1 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 21.8% | 24% | 28.6% | 55.5% | ||||
| Adj EPS ⓘ | 31.8% | 80.8% | 54% | 91.7% | ||||
| BVPSⓘ | 9.7% | 13.4% | 15.2% | 23.6% | ||||
| Share Price | 18.9% | 39.3% | 8.9% | -25.1% | ||||
Key Financial Parameters ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 3 | 3.6 | 4.2 | -0.3 | 1.4 | 3.6 | 6.3 | 7 | 10.2 | 17 | 15.6 |
| Op. Profit Mgn % ⓘ | 10.3 | 12.5 | 11.3 | 8.3 | 5.7 | 7.3 | 7.2 | 9.5 | 9.4 | 9.1 | 9.2 |
| Net Profit Mgn % ⓘ | 1.8 | 2.6 | 2.5 | -0.2 | 0.6 | 1.7 | 2.5 | 3.4 | 3.9 | 4.8 | 4.6 |
| Debt to Equity ⓘ | 1.2 | 1.1 | 1 | 1 | 0.7 | 1.3 | 1.1 | 0.9 | 0.8 | 0.5 | - |
| Working Cap Days ⓘ | 312 | 350 | 285 | 298 | 202 | 226 | 207 | 255 | 198 | 146 | 71 |
| Cash Conv. Cycle ⓘ | 166 | 156 | 118 | 131 | 84 | 113 | 117 | 136 | 106 | 73 | 21 |
Valuation of Lehar Footwears - Standalone
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 73 | 75 | 94 | 95 | 147 | 137 | 203 | 194 | 277 | 431 |
| Operating Expenses ⓘ + | 66 | 65 | 83 | 87 | 139 | 128 | 188 | 176 | 251 | 392 |
| Operating Profit ⓘ | 8 | 9 | 11 | 8 | 8 | 10 | 15 | 18 | 26 | 39 |
| Operating Profit Margin (%) | 10.3% | 12.5% | 11.3% | 8.3% | 5.7% | 7.3% | 7.2% | 9.4% | 9.4% | 9.0% |
| Other Income ⓘ + | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
| Interest ⓘ | 4 | 5 | 5 | 5 | 4 | 4 | 5 | 6 | 7 | 5 |
| Depreciation ⓘ | 2 | 3 | 3 | 4 | 4 | 3 | 3 | 4 | 5 | 6 |
| Profit Before Tax ⓘ | 2 | 2 | 3 | 0 | 1 | 4 | 7 | 9 | 14 | 28 |
| Tax ⓘ | 1 | 0 | 1 | 0 | 0 | 1 | 1 | 2 | 4 | 7 |
| Profit After Tax | 1 | 2 | 2 | 0 | 1 | 3 | 5 | 7 | 11 | 21 |
| PAT Margin (%) | 1.8% | 2.6% | 2.4% | 0.1% | 0.7% | 1.8% | 2.5% | 3.4% | 3.9% | 4.8% |
| Adjusted EPS (₹) | 1.0 | 1.4 | 1.6 | 0.1 | 0.7 | 1.8 | 3.3 | 3.7 | 6.2 | 11.8 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 7.60% | 13.50% | 8.10% | 4.20% |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 52 | 54 | 56 | 59 | 60 | 71 | 86 | 100 | 112 | 132 | |
| Debt + | 39 | 40 | 37 | 39 | 27 | 52 | 59 | 61 | 59 | 52 | |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Trade Payables | 20 | 22 | 23 | 33 | 35 | 25 | 54 | 34 | 64 | 61 | |
| Others Liabilities ⓘ | 12 | 16 | 14 | 14 | 18 | 18 | 25 | 23 | 24 | 28 | |
| Total Liabilities ⓘ | 123 | 133 | 130 | 145 | 140 | 166 | 224 | 218 | 259 | 273 | |
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 50 | 53 | 55 | 57 | 58 | 68 | 73 | 79 | 83 | 89 | |
| CWIP ⓘ | 0 | 1 | 0 | 0 | 0 | 0 | 4 | 0 | 0 | 2 | |
| Investments ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Inventories | 23 | 30 | 29 | 41 | 34 | 45 | 57 | 63 | 65 | 79 | |
| Trade Receivables | 31 | 29 | 27 | 33 | 35 | 40 | 75 | 52 | 92 | 78 | |
| Cash Equivalents | 1 | 1 | 3 | 2 | 1 | 5 | 5 | 3 | 6 | 5 | |
| Others Assets ⓘ | 19 | 18 | 17 | 12 | 11 | 9 | 9 | 21 | 14 | 21 | |
| Total Assets ⓘ | 123 | 133 | 130 | 145 | 140 | 166 | 224 | 218 | 259 | 273 | |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | 4 | 9 | 14 | 6 | 17 | -17 | -2 | 2 | 20 | 25 |
| Cash Flow From Investing Activity ⓘ + | -6 | -7 | -4 | -6 | -3 | -2 | -14 | -6 | -8 | -6 |
| Cash Flow From Financing Activity ⓘ + | 1 | -3 | -8 | -1 | -14 | 22 | 15 | 3 | -11 | -19 |
| Net Cash Flow ⓘ | -0 | -0 | 2 | -1 | -1 | 3 | -1 | -1 | 1 | -0 |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 3.72 | 5.35 | 5.66 | 0.16 | 2.28 | 5.65 | 9.66 | 9.68 | 13.62 | 22 |
| ROCE (%) | 8.37 | 8.69 | 9.73 | 6.41 | 6.87 | 9.02 | 10.26 | 11 | 14.83 | 21.78 |
| Asset Turnover Ratio | 0.73 | 0.61 | 0.73 | 0.71 | 1.06 | 0.92 | 1.06 | 0.9 | 1.18 | 1.64 |
| PAT to CFO Conversion(x) | 4 | 4.5 | 7 | N/A | 17 | -5.67 | -0.4 | 0.29 | 1.82 | 1.19 |
| Working Capital Days | ||||||||||
| Receivable Days | 142.40 | 140.10 | 106 | 112.80 | 82.60 | 96.70 | 101.20 | 116.50 | 92.70 | 70.80 |
| Inventory Days | 109.70 | 123.70 | 113 | 132.40 | 92 | 102.60 | 89.90 | 110.90 | 83.10 | 60.20 |
| Payable Days | 133.40 | 182.20 | 147.10 | 196.90 | 126.20 | 126.30 | 105.50 | 139.60 | 93.90 | 72.80 |
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Lehar Footwears Ltd FAQs
The current trading price of Lehar Footwears on 07-Sep-2026 10:25 is ₹212.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Sep-2026 the market cap of Lehar Footwears stood at ₹378.2 Cr
The latest P/E ratio of Lehar Footwears as of 06-Sep-2026 is 22.81.
The latest P/B ratio of Lehar Footwears as of 06-Sep-2026 is 3.51.
The 52-week high of Lehar Footwears is ₹285.0 and the 52-week low is ₹160.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Lehar Footwears is ₹364 ( Cr.) .
Past 10 year's financial track record analysis by Moneyworks4me indicates that Lehar Footwears Ltd is a average quality company.
The key valuation ratios of Lehar Footwears Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Lehar Footwears Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
About Lehar Footwears Ltd
Lawreshwar Polymers (LPL) was originally incorporated as Lawreshwar Polymers Private Limited on March 31, 1994 with Registrar of Companies,Rajasthan and was subsequently converted into Public Limited Company with effect from May 27, 1996 and consequently the name of the Company was changed to Lawreshwar Polymers Limited. The Company is promoted by Raj Kumar Agarwal along with Mohan Lal Agarwal and Naresh Agarwal.
The company was established with the object of manufacturing of canvas shoes, lightweight hawai chappals & EVA Injection footwear.
The company commenced its production on May 11, 1995 with an installed capacity of 45 Lac pairs per annum and within a span of one year it had been successful in achieving envisaged results and able to establish an effective sales network in Rajasthan as well as other states. The company has successfully established its brand name “Lehar†in the market within a very short period.
At present the company is having an annual installed capacity of 75 Lac pairs of Hawai Chappals, 12 Lac pairs of Canvas shoes and 9.87 Lac pairs of EVA Injected footwear. The company manufactures a variety of footwear like light weight fancy slippers, PVC and TPR footwear, synthetic leather chappals in addition to Hawai Chappals and canvas shoes. The company is proposing to diversify its product line by manufacturing of PU Sole Footwear and intend to expand the present EVA manufacturing facilities.
The company has installed machines of latest technology and other devices to make most efficient use of available resources as well as to maintain high standards of footwear manufacturing.
Product range of the company includes:
- Hawai Chappal
- Ballerina
- School Shoes
- Ewa Footwear
- Fabricated Sandals
- Fabricated Footwear
Milestones
- 1994 Incorporated as a Private Limited Company
- 1995 Started commercial production of footwear
- 1996 Converted into a Public Limited Company
- 1996 First expansion cum diversification project for manufacturing canvas shoes and light weight hawai chappals and commenced the commercial production of diversified range
- 2003 Installed a fully automatated computerized EVA Injection footwear plant having capacity of about 9.87 Lac pairs per annum of EVA Injected moulded slippers
Awards & Achievements:
- 1997 Awarded the Rajasthan Udyog Shree Award for manufacturing high quality shoes and chappals by the Government of Rajasthan
- 2002 Received the National Award from Ministry of Small Scale Industry for small Scale entrepreneurs for the Year 2000
- 2004 The Company was certified as ISO: 9001 and ISO: 14001
- 2005 Received the National Award from Ministry of Small Scale Industry for Quality products in SSI Sector for the Year 2003.
- 2005 Received the National Award from Ministry of Small Scale Industry for Small Scale Entrepreneurs for the Year 2003.
You have 49 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
