Order Details
- Order Value: ₹39.70 Crores (Thirty-Nine Crore and Seventy Lakhs only), excluding GST
- Products: Supply of footwear
- Volume: Approximately 18 lakh pairs of footwear
- Counterparty: Domestic entity (name not disclosed due to confidentiality)
- Execution Timeline: Within 60 days from acceptance of purchase order
- Manufacturing Facilities: Order will be serviced through company's facilities in Rajasthan and Haryana
Significant Terms and Conditions
- Nature of order: Supply of footwear
- Domestic transaction (both awarding entity and order execution)
- Not a related party transaction
- Promoter/promoter group/group companies have no interest in the entity that awarded the order
- Transaction conducted at arm's length basis
Strategic Impact
- Largest-ever OEM order for the company
- Reinforces company's position as reliable OEM manufacturing partner
- Enhances revenue visibility for FY27
- Supports company's strategy of expanding OEM business alongside branded footwear operations
- Demonstrates manufacturing scale, quality standards, and execution capabilities
Management Commentary
Mr. Raj Kumar Agarwal, Chairman of Lehar Footwears Limited, stated: "We are pleased to have secured this high value OEM footwear order. It is a strong endorsement of our manufacturing scale, quality credentials and ability to execute high-volume supplies reliably. OEM partnerships are an important growth pillar for Lehar, and we will continue to expand them across categories while delivering on time and to specification."
Company Background
Lehar Footwears Limited is a leading manufacturer of non-leather mass footwear specializing in EVA, PVC, and PU injected footwear. The company offers diverse portfolio including slippers, sandals, school shoes, sports shoes, and casual footwear for men, women, and kids. Company has over 30 years of industry experience and maintains BIS-compliant production processes.