Lehar Footwears Reports Robust Q2 Performance with 233% Revenue Growth

Lehar Footwears , a prominent player in the footwear industry, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, showcasing significant growth across key financial metrics.

Strong Revenue Growth

The company reported a substantial increase in revenue from operations for Q2 FY2026, reaching ₹14,052.06 crore, marking a remarkable 233% growth compared to ₹4,219.66 crore in the corresponding quarter of the previous year. This impressive growth underscores the company's strong market position and effective business strategies.

Profit Performance

Lehar Footwears' net profit for Q2 FY2026 stood at ₹729.34 crore, showing a slight increase from ₹727.13 crore in the previous quarter. This consistent profit performance demonstrates the company's ability to maintain profitability despite rapid expansion.

Half-Year Performance

For the half-year period ended September 30, 2025, Lehar Footwears reported:

Revenue: ₹28,271.72 crore
Net Profit: ₹1,456.47 crore

These figures indicate a strong first half of the fiscal year for the company.

Segment-wise Performance

Lehar Footwears operates in two main segments:

Footwear, Accessories and other like products
ToolKit and Others

The segment-wise revenue breakdown for Q2 FY2026 is as follows:

Segment	Revenue (₹ in crore)
Footwear, Accessories and other like products	4,877.50
ToolKit and Others	10,438.94
Inter-segment Transfer	(1,264.38)
Total Segment Revenue	14,052.06

Financial Highlights

Basic Earnings Per Share (EPS) for Q2 FY2026: ₹4.12
The company's balance sheet remains strong with total assets of ₹25,715.09 crore as of September 30, 2025.
Cash and cash equivalents stood at ₹291.83 crore, indicating a healthy liquidity position.

Management Commentary

Naresh Kumar Agarwal, Managing Director of Lehar Footwears, stated, "Our Q2 results reflect the company's robust growth trajectory and operational efficiency. The significant revenue increase across our key segments demonstrates the strength of our diverse product portfolio and market strategies."

Outlook

The strong Q2 performance positions Lehar Footwears well in the footwear and accessories market. The company's ability to maintain profitability while achieving substantial revenue growth is a positive indicator for investors and stakeholders.

Investors and analysts will likely watch for the company's ability to sustain this growth momentum and manage operational costs in the coming quarters, especially given the rapid expansion in revenue.

Note: The financial results were reviewed by the audit committee and approved by the board of directors in a meeting held on November 10, 2025.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.72%	+2.48%	+4.65%	-8.93%	+12.55%	+1,303.65%

Lehar Footwears , a leading non-leather mass-footwear manufacturer, has announced a series of strategic initiatives aimed at propelling the company's growth in both domestic and international markets. The company's multi-pronged approach includes diversifying its product portfolio, securing significant orders, and expanding its global footprint.

Sports Shoe Launch: A Step into Athleisure

In a significant move to capture the burgeoning athleisure market, Lehar Footwears has successfully commissioned a new dedicated sports shoe manufacturing facility in Kundli, Haryana. This marks the company's entry into the high-growth, high-value closed footwear segment. The facility is equipped with fully automatic injection moulding machinery for EVA footwear and a Rotary Type PU Injection Machine for PU footwear, enabling the production of premium, trend-leading products.

Under its own brand 'RANNR', Lehar aims to deliver high-quality, durable, and trendy footwear targeting the mass-mid segment price range. This strategic launch not only expands Lehar's product portfolio but also strengthens its market positioning in the competitive footwear industry.

Substantial Order Book

Lehar Footwears has secured orders worth ₹370.00 crore, demonstrating strong demand for its products. While specific details of these orders were not disclosed, this substantial order book is expected to drive the company's revenue growth in the coming quarters.

Global Expansion

The company is set to expand its international presence, with plans to enter over 20 export markets. This global push aligns with Lehar's strategy to diversify its revenue streams and reduce dependence on any single market. Currently, Lehar exports to various countries including the UAE, Malaysia, Thailand, and several African nations.

Financial Performance

Lehar Footwears reported the following financial results:

Metric	Value (₹ in crore)
Revenue	277.20
Operating Profit	26.10
Net Profit	10.90
Export Sales	37.30

Key Ratios:

Operating Margin: 9.40%
Net Margin: 3.90%

The company's focus on operational efficiency and product diversification has contributed to its strong financial performance.

Additional Business Ventures

In a move to diversify beyond footwear, Lehar has entered into an agreement with the National Small Industries Corporation (NSIC) to supply toolkits under the PM Vishwakarma Scheme. The company has already delivered ₹193.00 crore worth of toolkits from an initial order of ₹298.00 crore and has received an additional order for ₹74.90 crore for 50,000 toolkits.

Management's Vision

Raj Kumar Agarwal, Chairman and Whole Time Director of Lehar Footwears, commented on the company's growth strategy during the recent Annual General Meeting. He emphasized the company's commitment to innovation, product diversification, and global expansion as key drivers for future growth.

As Lehar Footwears continues to step ahead with purpose, its multi-faceted growth strategy, encompassing product innovation, market expansion, and diversification into new business segments, positions the company for sustained growth in the dynamic footwear industry.