StockWatch
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Lehar Footwears Ltd Q1 FY27 Results

LEHARQ1 FY27 Results
Filing
Result:Poor· Market: Down#Margin squeeze
MetricValue ( Cr)Q4 FY26Q1 FY26
Revenue74.9517.9%47.3%
Total Income75.0117.9%47.3%
Expenditure70.9817.4%46.4%
PBT4.0324.4%58.5%
Net Profit3.0127.2%58.5%
OPM9.36%0.57pp0.44pp
NPM4.02%0.51pp1.09pp
EPS1.7126.9%58.4%
View full financials

Revenue nearly halved (-47.3% YoY) and PAT fell 58.5% with NPM compressing from 5.11% to 4.02%, a clear deterioration in the core consumer/retail growth metric rather than a one-off or base-effect blip.

Lehar Footwears Q1FY27 Revenue ₹74.9 Cr, PAT ₹3 Cr

11 Aug 2026 · 11 Aug, 9:21 am

Summary

Lehar Footwears Limited reported Q1FY27 results with Footwear revenue growing 9% year-on-year to ₹58.1 Crore, despite inflation and export market disruptions. The company made significant strides in expanding its direct-to-consumer channels and onboarding new OEM clients. While facing cost pressures, EBITDA margins improved to 9.4% through strategic actions. The company's outlook remains positive, with capacity expansion set for September 2026 and encouraging festive season order bookings.

Key Highlights

  1. 1

    Despite headwinds, Footwear revenue grew by 9% YoY to ₹58.1 Crore in Q1FY27, driven by new product launches and a richer mix.

  2. 2

    The company launched its own D2C website (www.rannr.com) and expanded its presence across major e-commerce channels.

  3. 3

    OEM supply of sports shoes to leading athleisure brands scaled during the quarter with Shein and HRX onboarded as new customers.

  4. 4

    Phased capacity expansion at the Kundli facility is progressing, with commercial operations to commence from September 2026.

  5. 5

    Export performance was impacted by geopolitical disruptions, affecting shipment schedules and order flows from GCC countries.

  6. 6

    Despite pressure on input and labor costs, EBITDA margins improved by 50 bps YoY to 9.4% through calibrated pricing and prudent sourcing.

  7. 7

    Supplies for cumulatively 2.5 Lakhs toolkits were completed in Q1 under the first phase of the PM Vishwakarma Scheme.

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