Lehar Footwears Limited

Introduction 

Lehar is a company founded in 1994, in Jaipur. It is specialised in slippers, casual footwear and sandals. It works as a small cap company in BSE and NSE. It holds a significant existence in northern India. It also exports to africa, southeast asia, and the middle east asia. 

Company overview 

It is a Jaipur-based, ISO certified manufacturer in footwear which designs hawaii slippers, canvas shoes and sports shoes. 

They have a low cost manufacturing model which exports to local, national, international models. It uses a wide regional distribution model. 

It aims to target the mid-segment serving the good quality product and at an affordable price. 

Promoter and founder Introduction 

The company was founded by Shri Raj Kumar Agarwal, along with Late Shri Mohan Lal Agarwal and Late Shri Ramesh Chand Agarwal. Shri raj kumar agrawal is the current chairman and managing director. 

Financial Statement Analysis 

Income statement 

Balance Sheet

Cash Flow 

Key Interpretation and Insights

Strength 

The company projected a sale expansion phase, portraying a significant player in the market of footwear. 

Weakness

Due to wide competition, the brand lacks the premium and top-tier recognition. 

Risk factor 

The market industry of footwear is very competitive, and to survive in it, the company has to be very published. 

Future outlook

In case of high stock volatility, the company is taking several cautious steps for revenue. 

Conclusion

Lehar Footwears has demonstrated excellent long-term performance, with substantial revenue and profit growth over the past 3-5 years, often outperforming market benchmarks. However, the stock has experienced recent volatility, resulting in a downgrade to 'Sell' or a 'Hold' rating by some analysts due to recent quarterly performance fluctuations and price correction.

Sources 

Market mojo 

Screener 

Kedia capital 

Pitch capital 

Lehar footwear