BSECompany Update2 Nov 2026 · 2 Nov 2026, 06:22 pm
As per letter attached
Lehar Footwears Ltd · 532829
✦ AI Summary▲ PositiveResults
Lehar Footwears Ltd reported Q2FY27 results with revenue of ₹100.1 crores, up 41.1% YoY, driven by strong growth in its core footwear segment. The company also commissioned a new sports shoes manufacturing facility at Kundli, increasing production capacity by 150%. The company appointed Bollywood actor Rajkummar Rao as the brand ambassador for its in-house athleisure brand, Rannr.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10
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Lehar Footwears Ltd - 532829 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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To, Date: 02nd November, 2026
BSE Limited
25th Floor, P J Towers,
Dalal Street,
Mumbai-400001, MH
Scrip Code: 532829
Subject: Press Release for the Quarter ended September 30, 2026
Dear Sir/Madam,
Please find enclosed copy of Press Release on the limited review financial results of the Company
for the quarter ended September 30, 2026.
We request you to take the same on record.
Thanking You
Yours faithfully,
for Lehar Footwears Limited
Ritika Poddar
Company Secretary & Compliance Officer
ACS No. A65615
Encl. as above
“Strong Growth in Core Footwear Segment”
November 2, 2026, Jaipur: Lehar Footwears Limited (LFL), today announced its result for
Q2FY27 and H1FY27
Key Performance Indicators:
(₹ Crores)
Particulars Q2FY27 Q2FY26 Q1FY27 FY26
Revenue 100.1 140.5 75.0 431.1
Footwear 100.1 36.1 58.2 181.5
Toolkit 0.0 104.4 16.8 249.6
EBITDA 9.1 12.6 7.0 39.0
EBITDA % 9.0% 9.0% 9.4% 9.0%
Depreciation 1.7 1.4 1.6 5.9
Finance Cost 1.5 1.2 1.4 5.2
PBT 6.1 10.1 4.0 28.0
Income Tax 1.5 2.8 1.0 7.2
PAT 4.6 7.3 3.0 20.8
PAT Margin 4.6% 5.2% 4.0% 4.8%
Key Highlights:
• Company’s core footwear segment witnessed healthy traction, driven by both open footwear and
sports shoes segment. In both the segments OEM sales picked up along with our own brands,
“Lehar” and “Rannr”.
• Export performance during the quarter improved although it remains impacted by ongoing
geopolitical disruption, which is affecting shipment schedules and order flows.
• All the supplies against order under PM Vishwakarma Scheme was completed in Q1, as such
toolkit sales were absent in this quarter.
Athleisure Segment:
• Commissioning of the new sports shoes manufacturing facility at Kundli has increased production
capacity by 150% from 1 lakh to 2.5 lakh pairs per month, with a phased expansion plan to reach 5
lakh pairs per month. The technology-enabled facility, supported by an in-house design studio, is
expected to strengthen the Company's ability to cater to larger OEM orders, accelerate product
development and expand its presence in the domestic and international sports footwear markets.
• The Company appointed Bollywood actor Rajkummar Rao as the brand ambassador for its in-
house athleisure brand, Rannr. This association is aimed at enhancing brand visibility,
strengthening consumer connect and accelerating brand recognition across India's growing sports
and athleisure footwear market.
• The Company remains focused on strengthening existing OEM relationships and securing
additional business opportunities, leveraging its manufacturing capabilities and growing customer
relationships.
Open Footwear:
• Domestic sales were stable amidst modest consumer sentiments consequent to high inflation and
other macro disturbances.
• Increasing presence across large format stores such as D-mart & Reliance
Retail expected to be the new growth levers for this business segment.
Commenting on the performance, Mr. Raj Kumar Agarwal, Chairman of Lehar Footwears Limited
said: “We are pleased with the strong performance of our core footwear business, which continues to
witness healthy traction across OEM and own-brand segments. With the commissioning of our new
sports footwear facility at Kundli, we have significantly enhanced our manufacturing capabilities,
positioning us to capture larger OEM opportunities and strengthen our presence in the growing
athleisure market. The launch of Rannr, supported by our brand ambassador Rajkummar Rao, further
strengthens our consumer-focused strategy. Going forward, we remain focused on sustainable growth,
expanding our customer base and improving our product mix”.
About Lehar Footwears Limited:
Lehar Footwears Ltd. is one of the leading regional mass-footwear manufacturers of high quality and stylish non-leather footwears
since 1995. Company is selling its products under ‘Lehar’ and ‘Rannr’ brand through trade distribution channel, retail multi brand
outlets, export markets, government schemes and ecommerce marketplaces. The Company has 5 manufacturing facilities situated at
Jaipur, Kaladera (Chomu) and Kundli (Haryana).
Disclaimer:
Certain statements in this press release may be forward-looking statements and/or based on management’s current expectations and
beliefs concerning future developments and their potential effects upon Lehar Footwears Limited. The forward-looking statements
are not a guarantee of future performance and involve risks and uncertainties and there are important factors that could cause actual
results to differ, possibly materially, from expectations reflected in such forward-looking statements. Lehar Footwears Limited does
not intend, and is under no obligation, to update any forward-looking statement contained in this press release.