Lehar Footwears Limited, a leading regional mass-footwear manufacturer, has announced a significant additional order worth ₹74.90 crore (excluding GST) from the National Small Industries Corporation Ltd. This order, secured under the PM Vishwakarma Scheme, reinforces Lehar's position as a key implementation partner for government initiatives.

Order Details

The company has been tasked with supplying 50,000 toolkits to artisans and craftspeople registered under the PM Vishwakarma Scheme. This additional order demonstrates the company's strong execution capabilities and the government's continued trust in its services. The order is to be executed by July 2026.

Company's Perspective

Mr. Raj Kumar Agarwal, Chairman & Whole Time Director of Lehar Footwears Limited, highlighted the company's role in supporting the government initiative for skill development and self-reliance. He expressed enthusiasm about the order, stating, "We are glad to contribute to the Government of India's PM Vishwakarma Scheme, which empowers traditional artisans and craftspeople. This additional order reflects the trust placed in Lehar's execution capabilities and strengthens our commitment to supporting skill development and self-reliance at the grassroots level."

Financial Impact

The ₹74.90 crore order is significant for Lehar Footwear, considering the company's reported market capitalization of ₹500.00 crore. This order represents approximately 14.98% of the company's market cap, potentially indicating a substantial impact on its financial performance.

Recent Developments

This order represents a repeat business for the company, which began this business segment in August 2024. In addition to this major order, Lehar Footwear recently received license approval from the Bureau of Indian Standards (BIS) for its PU Footwear products under IS 6721:2023. This approval could potentially enhance the company's product offerings and market position.

About Lehar Footwear

Lehar Footwears Ltd. has been operating since 1995, manufacturing high-quality and stylish non-leather footwear. The company sells its products under the 'Lehar' brand through various channels, including:

• Trade distribution
• Retail multi-brand outlets
• Export markets
• Government schemes
• E-commerce marketplaces

Lehar operates five manufacturing facilities located in Jaipur, Kaladera (Chomu), and Kundli (Haryana).

As Lehar Footwear continues to secure significant orders and expand its product certifications, investors and market watchers will likely keep a close eye on the company's performance and growth trajectory in the coming quarters.

Lehar Footwears Limited has achieved a significant milestone in its product certification journey. The company announced that it has received license approval from the Bureau of Indian Standards (BIS) for its Polyurethane (PU) Footwear products under the IS 6721:2023 standard.

BIS Approval Details

The approval was granted on August 25, 2025, marking an important step for Lehar Footwears in ensuring its products meet national quality standards. This development was disclosed by the company as part of its regulatory compliance obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Implications for Lehar Footwears

The BIS certification for PU Footwear products is a testament to the quality and standards maintained by Lehar Footwears. This approval could potentially:

• Enhance consumer trust in the company's products
• Open up new market opportunities, especially in sectors where BIS certification is mandatory
• Demonstrate the company's commitment to maintaining high-quality standards in its manufacturing processes

Company's Official Statement

In an official communication to the BSE Limited, Ritika Poddar, Company Secretary & Compliance Officer of Lehar Footwears Limited, stated, "Lehar Footwears Limited has received license approval from the Bureau of Indian Standards (BIS) on 25th August, 2025 under IS 6721:2023 for its PU Footwear products."

This BIS certification aligns with the Indian government's push for standardization and quality assurance in the manufacturing sector. For Lehar Footwears, it represents a step forward in strengthening its position in the competitive footwear market.