Lehar Footwears Limited submitted its limited review financial results for the quarter ended June 30, 2026 (Q1FY27) to BSE Limited. The press release discloses both financial performance and operational updates.

Financial Performance (₹ Crores)

| Particulars | Q1FY27 | Q1FY26 | Q4FY26 | FY26 |

| Revenue | 74.9 | 142.2 | 91.3 | 431.1 |

| Footwear | 58.1 | 53.2 | 50.1 | 181.5 |

| Toolkit | 16.8 | 89.0 | 41.1 | 249.6 |

| EBITDA | 7.0 | 12.7 | 8.0 | 39.0 |

| EBITDA % | 9.4% | 8.9% | 8.8% | 9.0% |

| Depreciation | 1.6 | 1.4 | 1.6 | 5.9 |

| Finance Cost | 1.4 | 1.6 | 1.2 | 5.2 |

| PBT | 4.0 | 9.7 | 5.3 | 28.0 |

| Income Tax | 1.0 | 2.5 | 1.2 | 7.2 |

| PAT | 3.0 | 7.2 | 4.1 | 20.8 |

| PAT Margin | 4.0% | 5.1% | 4.5% | 4.8% |

Operational Highlights

Core Footwear Business Performance:

  • Footwear revenue grew 9% YoY to ₹58.1 crore in Q1FY27 despite headwinds including inflation, muted exports, and consumer sentiment impacts from Iran war-led export supply chain disruptions
  • Growth supported by new product launches, richer product mix, premium and fashion ranges
  • Company launched its own D2C website (www.rannr.com) and maintains presence across e-commerce channels including Flipkart, Myntra, and Amazon
  • Increasing presence across trade distribution and large format stores including D-mart and Reliance Retail
  • OEM supply of sports shoes to leading athleisure brands continued scaling during the quarter
  • New customers onboarded: Shein (part of Reliance Retail) and HRX, adding to existing relationships

Capacity Expansion:

  • Phased capacity expansion at Kundli (Sonipat) facility is progressing
  • Capacity being scaled from ~1 lakh to ~2 lakh pairs per month
  • Commercial operations of expanded capacity to commence from September 2026

Geopolitical Impact:

  • Export performance impacted by ongoing geopolitical disruption in export markets
  • Shipment schedules and order flows from GCC countries affected

Cost Management:

  • Quarter witnessed pressure on input costs and increased labor costs following minimum wage revisions
  • Company focused on protecting profitability through calibrated pricing actions, prudent sourcing, productivity improvements, and better product mix
  • Resulting EBITDA margins improved by 50 bps to 9.4% on YoY basis

Toolkit Business:

  • Q1 marked completion of all supplies of cumulatively 2.5 lakh toolkits
  • Order received under first phase of PM Vishwakarma Scheme
  • Company consistently met stipulated quality standards and committed delivery timelines

Business Outlook

  • Athleisure and closed footwear category continues to see encouraging traction
  • Q1 is seasonally the lightest quarter for this segment
  • Second half expected to be more meaningful period for the business
  • Company holds OEM order of approximately ₹40+ crore to be executed within upcoming quarter
  • Expanded Kundli capacity to be commissioned in September 2026, available ahead of seasonal upswing
  • Positions company to service higher order volumes without capacity constraint
  • Onboarding of additional brand customers together with scaling of in-house brand 'RANNR' provides two independent routes to utilize same manufacturing asset
  • Festive season order booking has been encouraging
  • Improved affordability following GST rate reduction on footwear

Company Background

Lehar Footwears Ltd. is one of the leading regional mass-footwear manufacturers of high quality and stylish non-leather footwear since 1994. Company sells products under 'Lehar' brand through trade distribution channel, retail multi brand outlets, export markets, government schemes and e-commerce marketplaces. The Company has 5 manufacturing facilities situated at Jaipur, Kaladera (Chomu) and Kundli (Haryana).

Disclosure Information

Submitted by Ritika Poddar, Company Secretary & Compliance Officer (ICSI NO. A65615) to BSE Limited on August 11, 2026.