BSECompany Update2d ago · 11 Aug 2026, 09:19 am
Press Release for the quarter ended 30.06.2026
Lehar Footwears Ltd · 532829
✦ AI Summary▲ PositiveResults
Lehar Footwears Ltd, a leading mass-footwear manufacturer, has reported a 9% YoY growth in Footwear revenue to ₹58.1 Crore in Q1FY27, despite headwinds of inflation, muted exports, and impacted consumer sentiments. The company has launched its own D2C website and expanded its presence across ecommerce channels. Phased capacity expansion at the Kundli facility is progressing, with commercial operations to commence from September 2026.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Lehar Footwears Ltd - 532829 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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To, Date: August 11, 2026
BSE LIMITED
25th Floor, P J Towers,
Dalal Street,
Mumbai-400001, MH
Scrip Code: 532829
Subject: Press Release for the Quarter ended June 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 June 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
ICSI NO. A65615
Core Footwear Business Outperforms Despite Headwinds
Business Growth and Expansion in EBITDA Margin
Key Performance Indicators:
(₹ Crores)
Particulars Q1FY27 Q1FY26 Q4FY26 FY26
Revenue 74.9 142.2 91.3 431.1
Footwear 58.1 53.2 50.1 181.5
Toolkit 16.8 89.0 41.1 249.6
EBITDA 7.0 12.7 8.0 39.0
EBITDA % 9.4% 8.9% 8.8% 9.0%
Depreciation 1.6 1.4 1.6 5.9
Finance Cost 1.4 1.6 1.2 5.2
PBT 4.0 9.7 5.3 28.0
Income Tax 1.0 2.5 1.2 7.2
PAT 3.0 7.2 4.1 20.8
PAT Margin 4.0% 5.1% 4.5% 4.8%
Key Highlights:
Core Business Growth
o Despite headwinds of inflation, muted exports and impacted consumer sentiments due to
Iran war led export supply chain disruptions, Footwear revenue grew by 9% YoY to ₹58.1
Crore in Q1FY27, with healthy momentum supported by new product launches and a
richer mix
o The Company has launched its own D2C website (www.rannr.com) and presence across
ecommerce channels such as Flipkart, Myntra and Amazon.
o Growth was supported by premium and fashion ranges
o Increasing presence across trade distribution and large format stores such as D-mart &
Reliance Retail
o OEM supply of sports shoes to leading athleisure brands continued to scale during the
quarter, with Shein (part of Reliance Retail) and HRX onboarded as new customers, adding
to existing relationships
Phased capacity expansion at the Kundli (Sonipat) facility is progressing; capacity is being scaled
from ~1 lakh to ~ 2 lakh pairs per month, with commercial operations to commence from
September 2026.
War related impact:
o Export performance during the quarter was impacted by ongoing geopolitical disruption
in export market, which affected shipment schedules and order flows from GCC countries.
o The quarter also witnessed pressure on input costs, alongside an increase in labour costs
following minimum wage revisions. Despite these headwinds, we remained focused on
protecting profitability through calibrated pricing actions, prudent sourcing, productivity
improvements and a better product mix. Resultantly, during the quarter EBITDA Margins
improved by 50 bps to 9.4% on a YoY basis.
Toolkit Business:
o Q1 marked completion all supplies of cumulatively 2.5Lakhs toolkits; order received under
first phase of PM Vishwakarma Scheme.
o Company consistently met the stipulated quality standards and committed delivery
timelines.
Business Outlook:
The athleisure and closed footwear category continues to see encouraging traction, and with Q1
being seasonally the lightest quarter for this segment, the second half is expected to be the more
meaningful period for the business.
The Company holds an OEM order of approximately ₹40+ crore to be executed within the
upcoming quarter.
The expanded Kundli capacity, to be commissioned in September 2026, is available ahead of the
seasonal upswing and positions the Company to service higher order volumes without capacity
constraint.
Onboarding of additional brand customers, together with the scaling of the in-house brand
'RANNR', gives the Company two independent routes to utilise the same manufacturing asset.
Festive season order booking has been encouraging, supported by improved affordability
following the GST rate reduction on footwear.
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 1994. Company is selling its products under ‘Lehar’ 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.