StockWatch
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Lehar Footwears Ltd Q2 FY26 Results

LEHARQ2 FY26 Results
Filing
MetricValue ( Cr)Q1 FY26Q2 FY25
Revenue140.521.2%273.3%
Total Income140.591.2%272.8%
Expenditure130.521.5%262.8%
PBT10.073.5%480.5%
Net Profit7.290.3%475.6%
OPM8.97%0.05pp12.02pp
NPM5.19%0.08pp1.83pp
EPS4.130.5%473.6%
View full financials

Lehar Footwears: Q2FY26 Results Show 9.5% PAT Surge, Launches Athleisure Brand 'Rannr', Expects High Value Tendering Under PM Vishwakarma Scheme

10 Nov 2025 · 10 Nov 2025, 01:29 pm

Summary

Lehar Footwears Limited announced its Q2FY26 results, showing a 9.5% increase in Profit After Tax (PAT). The company launched its own athleisure brand 'Rannr' and expects high value tendering under the PM Vishwakarma Scheme. Lehar Footwears also anticipates demand recovery in the footwear segment with the reduction of GST. The company's sales rose to ₹ 3282.7 crore in H1FY26 from ₹ 100.8 crore in H1FY25 and ₹ 277.2 crore in FY25. PAT surged to ₹ 14.6 crore against ₹ 3.6 crore in H1FY25 and ₹ 10.9 crore in FY25. The company improved its working capital efficiency during H1FY26, with better collections and leaner inventory management. Lehar Footwears is well positioned to capitalize on the expected demand revival in the footwear business and has commenced sales of its newly launched sports footwear line under the brand ‘Rannr’. The company is also eligible to participate in the PM Vishwakarma Scheme tenders.

Key Highlights

  1. 1

    Q2FY26 sales at ₹ 140.5 crore, up from ₹ 37.6 crore in Q2FY25

  2. 2

    H1FY26 sales at ₹ 282.7 crore, up from ₹ 100.8 crore in H1FY25

  3. 3

    FY25 sales at ₹ 277.2 crore

  4. 4

    Q2FY26 PAT at ₹ 7.3 crore, up from ₹ 1.2 crore in Q2FY25

  5. 5

    H1FY26 PAT at ₹ 14.6 crore, up from ₹ 2.8 crore in H1FY25

  6. 6

    FY25 PAT at ₹ 10.9 crore

  7. 7

    9.5% increase in PAT in Q2FY26

  8. 8

    Debtor days improved from 129 days to 60 days

  9. 9

    Inventory days reduced from 122 to 37 days

  10. 10

    Return on Capital Employed (RoCE) improved from 4.3% to 12.7%

  11. 11

    Return on Equity (ROE) improved from 3.4% to 12.0%

  12. 12

    Lehar Footwear has a strong presence in mass and mid-market categories

  13. 13

    Footwear exports in H1FY26 stood at ₹ 18.3 crore

  14. 14

    Lehar Footwears launched its sports footwear line under the brand ‘Rannr’

  15. 15

    Lehar Footwears is eligible to participate in the PM Vishwakarma Scheme tenders

  16. 16

    GST rate on footwear priced up to ₹ 22,500 reduced to 5% from 12%

  17. 17

    Expected high value tendering under the PM Vishwakarma Scheme

  18. 18

    Anticipated demand recovery in the footwear segment with GST reduction

Management Comments

F

Fal L.ehar

FOOTWEAR

Lehar Footwears is stepping into the next phase of growth, successfully launched its own Athleisure brand ‘Rannr’, expecting high value tendering under the PM Vishwakarma Scheme, and anticipating demand recovery in the footwear segment with the reduction of GST. The company is also witnessing robust cash flows, resulting in repayment of long-term debts and an overall reduction in debt.

Informational and educational content only. Not investment advice.