Quarterly Result13 Feb 2026, 04:52 pm
Lehar Footwears' Q3FY26 Revenue Dips 15% YoY Amid Structural Growth
AI Summary
Lehar Footwears Limited announced its result for the quarter ended 31st December, 2025. The company's revenue declined by 15% YoY in Q3FY26, primarily due to lower execution in the Toolkit segment. However, the Footwear segment delivered 18% YoY growth, driven by new product launches in the premium segment and scaling up of the newly commissioned athleisure facility at Kundli. EBITDA margins improved due to a favourable product mix, and finance costs declined due to sustained debt reduction and strong operating cash flows. The company's credit rating was upgraded to Crisil BBB/Stable/Crisil A3+, reflecting improved financial and credit profile.
Key Highlights
- Revenue declined by 15% YoY in Q3FY26 due to lower execution in the Toolkit segment
- Footwear segment delivered 18% YoY growth driven by new product launches and scaling up of the athleisure facility
- Toolkit segment declined by 55% YoY due to phasing of order delivery to subsequent quarter
- EBITDA margins improved due to favourable product mix
- Finance costs declined due to sustained debt reduction and strong operating cash flows
- Credit rating upgraded to Crisil BBB/Stable/Crisil A3+ reflecting improved financial and credit profile