SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Liberty Shoes Ltd (LIBERTSHOE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526596 NSE: LIBERTSHOE Footwear | Small Cap | Liberty Shoes Share Price

₹256.80 1.10 (0.43%)

As on 24-Jun'26 16:59

Liberty Shoes Ltd (LIBERTSHOE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526596 NSE: LIBERTSHOE Footwear | Small Cap | Liberty Shoes Share Price

₹256.80 1.10 (0.43%)

As on 24-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹438 Cr.
Current Price
₹256.8
52-Week Low / High
₹210 / 420
TTM EPS
₹6.6
TTM Sales
₹740 Cr.
Book Value per Share
₹137.2
P/E Ratio
39.10
In line with its 5-year historical median
Industry PE
52.9
Price to Book (P/B)
1.87
Lower than its 5-year historical median
Price to Sales (P/S)
0.59
Lower than its 5-year historical median
EV/EBITDA
7.89
In line with its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
6.28%
Outperforms industry median
Return on Capital Employed (ROCE)
11.81%
Outperforms industry median
Return on Assets (ROA)
2.82%
Operating Profit Margin
10.1%
Net Profit Margin
2.01%
Gross Profit Margin
8.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
6.06%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
4.63%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
21.51%
Asset Quality
Promoter Holding
59.10%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹217 Cr.
Equity
₹17 Cr.
Face Value
₹10
All Time Low / High
₹18.65 / 569.75

Liberty Shoes stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Somewhat Good

Valuation

Somewhat Undervalued

Price Trend

Semi Strong
Q.1 Is Liberty Shoes Ltd a good quality company?
Liberty Shoes 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 Liberty Shoes Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Liberty Shoes Ltd vs industry peers?
Liberty Shoes Ltd revenue CAGR is 0.71%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Liberty Shoes Ltd?
Promoters hold 59.10% of the Liberty Shoes Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Liberty Shoes Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 2.9% based on the current price.

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 end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

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.
Liberty Shoes 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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 10%8.7%9%10%10.6%5.7%6%11.1%10.2%11.8%-
Value Creation
Index
-0.3-0.4-0.4-0.3-0.2-0.6-0.6-0.2-0.3-0.2-

Growth Parameters

Sales 454497544602652458488654637675740
Sales YoY Gr.-9.5%9.4%10.7%8.3%-29.8%6.5%34.1%-2.7%6.1%-
Adj EPS 6.54.14.14.14.40.51.47.78.69.16.6
YoY Gr.--36.2%0.2%-1.5%7.6%-88.6%188%434.7%11.2%6.2%-
BVPS (₹) 91.194.998.8102.8109.2109.4110.9116.3122.7130.6137.2
Adj Net
Profit
1177.177.50.92.513.114.615.511
Cash Flow from Ops. 3922.532.228.715332.737.99488.274.5-
Debt/CF from Ops. 3.56.43.63.80.831.70.90.81-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 4.5%0.7%11.5%6.1%
Adj EPS 3.9%15.7%84.8%6.2%
BVPS4.1%3.6%5.6%6.5%
Share Price 3.7% 9.8% 3% -37%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
7.44.44.344.20.51.36.87.27.24.9
Op. Profit
Mgn %
9.47.77.46.99.29.38.69.210.310.18.7
Net Profit
Mgn %
2.41.41.31.21.20.20.522.32.31.5
Debt to
Equity
0.90.90.70.60.70.50.30.40.30.30
Working Cap
Days
22421121019221732323716416815977
Cash Conv.
Cycle
1121151099910014312110410510435

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales454497544602652458488654637675
Operating Expenses + 411459504561592416446594572607
Manufacturing Costs59646267696360807883
Material Costs212241285307341214238300281285
Employee Cost 65747582897180102107124
Other Costs 768081105936868113105114
Operating Profit 43384041604242606568
Operating Profit Margin (%) 9.4%7.7%7.4%6.9%9.2%9.2%8.6%9.2%10.3%10.1%
Other Income + 1201093221
Exceptional Items -1-0-1-04-1-0-0-5-3
Interest 16161615141412121413
Depreciation 13141313333429323433
Profit Before Tax 121011131724181521
Tax 2447722547
Profit After Tax 107771102131114
PAT Margin (%) 2.3%1.3%1.2%1.1%1.6%0.1%0.5%2.0%1.8%2.0%
Adjusted EPS (₹)6.03.83.94.06.20.21.37.66.68.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%33%0%0%

Valuation of Liberty Shoes - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 155162168175186186189198209223
Share Capital 17171717171717171717
Reserves 138145151158169169172181192206
Debt +1291361121071239661836973
Long Term Debt896421410714
Short Term Debt1221271061031218251766869
Minority Interest0000000000
Trade Payables74941029620112579766766
Others Liabilities 31333242131110103114119135
Total Liabilities 389425414420642517432471464497

Fixed Assets

Net Fixed Assets +98939188178153136160165173
Gross Block219225234240358363313340330333
Accumulated Depreciation121132143152180209177180165160
CWIP 1100100004
Investments 1111110000
Inventories141164169174199204168194158174
Trade Receivables95120101104203109968798116
Cash Equivalents 8898773475
Others Assets 45384244534328253624
Total Assets 389425414420642517432471464497

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 392232291533338948874
PBT 271011131724181521
Adjustment 13302927414841445146
Changes in Working Capital 2-15-6-999-16-5382513
Tax Paid -3-2-2-3-5-2-2-6-3-5
Cash Flow From Investing Activity + -16-8-11-11-119-10-9-56-44-44
Capex -16-9-11-11-119-9-12-61-43-46
Net Investments 00000-130-22
Others 0000000500
Cash Flow From Financing Activity + -22-14-21-19-37-24-30-39-43-30
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -42-5-4-312-1-3-93
Interest Paid -15-16-16-15-14-14-12-12-14-13
Dividend Paid -3000000-400
Others -10-0-0-20-21-17-19-21-19
Net Cash Flow 011-1-3-1-1-010

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)6.84.1343.985.860.131.26.675.486.28
ROCE (%)10.038.7499.9510.635.656.0211.110.2311.81
Asset Turnover Ratio1.191.281.311.451.230.791.051.471.391.45
PAT to CFO Conversion(x)3.93.144.574.1413.91N/A197.2385.29
Working Capital Days
Receivable Days81.3075.6073.3062.2085.8012474.9050.305255.90
Inventory Days109.80107110.50104.20104.50160.40135.9099.309987.10
Payable Days141.90126.80125.30117.70158.90278.80156.8094.4092.5085.10

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.750.750.750.750.750.750.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Liberty Shoes Ltd FAQs

The current trading price of Liberty Shoes on 24-Jun-2026 16:59 is ₹256.8.

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 23-Jun-2026 the market cap of Liberty Shoes stood at ₹437.6 Cr

The latest P/E ratio of Liberty Shoes as of 23-Jun-2026 is 39.10.

The latest P/B ratio of Liberty Shoes as of 23-Jun-2026 is 1.87.

The 52-week high of Liberty Shoes is ₹420.0 and the 52-week low is ₹210.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Liberty Shoes is ₹740 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Liberty Shoes Ltd is a average quality company.

The key valuation ratios of Liberty Shoes Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Liberty Shoes Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Liberty Shoes Ltd

Liberty Shoes Limited has been fashioning footwear for well over many years for the style conscious people around the globe. It has a perfect pair for every member of the family. From school shoes to sports shoes, from ballerinas to comfortable slips-ons, from corporate formals to relaxed casuals providing the widest range of footwear options to the consumer. Besides footwear it also create a range of accessories like shoe care products, back packs, belts, wallets, travel bags and handbags for women.

It is family footwear brand with sub brands that cater to niche emotions for the family. The segregation is catering to individual markets that have a sizeable consumer base. It is a fashionable brand for the middle class. Its focus on delivering high quality and comfortable footwear has illustrated a challenging growth rate over the years.

Business area of the company

The company is engaged in the business of manufacturing and trading of footwear, accessories and lifestyle products through its retail, e-commerce and wholesale network.

Brands

  • AHA
  • Coolers
  • Footfun
  • Force10
  • Fortune
  • Gliders
  • Healers
  • leap7x
  • Prefect
  • Senorita

The company’s network

  • Liberty Exclusive Showrooms
  • Multi-Brand Outlets
  • Liberty Factory Price Stores
  • Liberty Online Store
  • Export Market
  • Institutional Sales

Milestones

  • 1954: 4 pairs a day manufactured in a small shop.
  • 1964: Brand Liberty was born. With its first export order it geared up to excite the global footwear market.
  • 1982: With its first factory Liberty brought world class products to domestic market.
  • 1995: With 10 Sub Brands serving all kinds of consumers. Liberty became the favorite Indian footwear brand.
  • 2003: With consumer centric strategy Liberty started serving customers.
  • 2010: Revolutionized its supply chain for excellent manufacturing strength.
  • 2014: 40 new showrooms opened across India with focus on South India.
  • 2015: Liberty established 30 franchise store and 20 COCO stores while strengthening logistics and technology used and reaching out to the customers digitally as well.
  • 2016: Liberty shoes is persistently expanding its reach into Tier 2 and Tier 3 cities and penetrating into the untapped potential markets.
  • 2017: Launch of Healers.
  • 2018: Launch of Leap 7x.
You have 1 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: