Synopsis:
Lehar Footwears jumped sharply after it reported a strong performance in Q2 FY26. Revenue grew over 273% year-on-year to Rs 141 crore, and net profit increased by 475% to Rs 7.29 crore, with one of its segments reporting a stellar 6,333% growth during the same period.
The shares of this footwear manufacturer are in focus after it reported a stellar financial performance in this quarter. In this article, we will dive more into the financial performance of this company.
With a market capitalization of Rs 462 crore, the shares of Lehar Footwears Ltd reached a day’s high of Rs 278 per share, up 15 percent from its day’s low price of Rs 241.65 per share. Over the past five years, the stock has delivered a multibagger return of 1,332 percent, outperforming NIFTY 50’s return of 101 percent.
Q2 Highlights
Lehar Footwears reported a revenue from operations of Rs 141 crore in Q2 FY26, a growth of 273 percent as compared to Rs 38 crore in Q2 FY25. However, on a quarter-on-quarter basis, it declined slightly by 1 percent from Rs 142 crore.
On the expenses front, it reported total expenses of Rs 131 crore in Q2 FY26, a growth of 263 percent as compared to Rs 36 crore in Q2 FY25. However, on a quarter-on-quarter basis, it declined by 1.5 percent from Rs 133 crore.
Regarding its profitability, it reported a net profit of Rs 7.29 crore in Q2 FY26, a staggering growth of 475 percent as compared to Rs 1.27 crore in Q2 FY25. However, on a quarter-on-quarter basis, it grew slightly by 0.3 percent from Rs 7.27 crore.
Coming to its segmental highlights, in Q2 FY26, the Footwear, Accessories, and Other Products segment reported revenue of Rs 49 crore, up sharply from Rs 36 crore in Q2 FY25, a growth of about 36 percent YoY. The Tool Kit and Others segment saw a staggering rise, reaching Rs 104 crore compared to just Rs 1.62 crore last year, marking an impressive growth of 6,333 percent YoY.
Lehar Footwears Ltd is a well-known domestic Indian brand of shoes and is widely popular among the Indian masses for its superb and durable products at the cheapest price range of shoes and slippers. Established in 1995, the company has been on an upward trend since then and has now reached the production of 6.94 crore pairs per annum from the original 45 lakh pairs and offers products made from PU, PVC, EVA, and TPR materials for all age groups.
The company concentrates on quality and innovation and accomplishes this by using state-of-the-art machines in its factories that are maintained to international standards and are ISO-certified. Under the “Lehar Way” principle, it is the company’s goal to provide the best service to its customers, to support its employees and the communities by providing them with fashion-conscious and durable footwear.
Written by Satyajeet Mukherjee
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