Board Meeting Details

The Board of Directors meeting was held on 12th November, 2026 at the Corporate Office in Gurugram, Haryana from 12:30 PM to 3:30 PM. The Board approved the unaudited financial results for Q2 and half year ended 30th September, 2026.

Financial Results - Quarter Ended 30th September, 2026

Income Statement (₹ in Lakh)

  • Revenue from operations: ₹19,046.97 (vs. ₹17,423.47 in Q2 FY26 - +9.3% YoY)
  • Other income: ₹255.00 (vs. ₹461.00 in Q2 FY26)
  • Total income: ₹19,049.52 (vs. ₹17,428.08 in Q2 FY26)

Expenses Breakdown

  • Cost of materials consumed: ₹6,991.94
  • Purchases of stock-in-trade: ₹2,953.91
  • Changes in inventories: (₹590.31) credit
  • Employee benefits expense: ₹3,810.82
  • Finance costs: ₹432.08
  • Depreciation and amortization: ₹809.90
  • Other expenses: ₹4,432.82
  • Total expenses: ₹18,841.16

Profitability Metrics

  • Profit before exceptional items and tax: ₹208.36 (vs. ₹304.91 in Q2 FY26)
  • Exceptional items: ₹19.26 (vs. ₹(1.48) in Q2 FY26)
  • Profit before tax: ₹189.10 (vs. ₹306.39 in Q2 FY26)
  • Tax expense: ₹47.10 (Current tax: ₹48.01, Deferred tax: ₹(0.91))
  • Profit for the period: ₹142.00 (vs. ₹197.34 in Q2 FY26)

Earnings Per Share

  • Basic EPS: ₹0.83 (vs. ₹1.16 in Q2 FY26)
  • Diluted EPS: ₹0.83 (vs. ₹1.16 in Q2 FY26)
  • Paid-up equity share capital: ₹1,704.00 lakh (17,040,000 shares of ₹10 each)

Financial Results - Half Year Ended 30th September, 2026

Income Statement (₹ in Lakh)

  • Revenue from operations: ₹36,032.64 (vs. ₹34,702.47 in H1 FY26)
  • Other income: ₹495.00 (vs. ₹252.00 in H1 FY26)
  • Total income: ₹36,037.59 (vs. ₹34,724.99 in H1 FY26)

Profitability Metrics

  • Profit before exceptional items and tax: ₹337.01 (vs. ₹752.35 in H1 FY26)
  • Exceptional items: ₹33.92 (vs. ₹(5.57) in H1 FY26)
  • Profit before tax: ₹303.09 (vs. ₹757.92 in H1 FY26)
  • Tax expense: ₹92.72 (Current tax: ₹101.83, Deferred tax: ₹(9.11))
  • Profit for the period: ₹210.37 (vs. ₹530.07 in H1 FY26)

Balance Sheet Position as at 30th September, 2026 (₹ in Lakh)

Assets

  • Total assets: ₹52,756.89 (vs. ₹52,265.37 as at 31st March, 2026)
  • Non-current assets: ₹19,050.93 (Property, plant and equipment: ₹9,639.79; Capital work-in-progress: ₹404.36; Right-of-use assets: ₹7,773.97; Financial assets: ₹1,101.57; Other non-current assets: ₹86.53)
  • Current assets: ₹33,705.96 (Inventories: ₹19,559.02; Trade receivables: ₹10,678.24; Cash and cash equivalents: ₹116.86; Bank balances: ₹330.95; Loans: ₹136.18; Other financial assets: ₹2,884.71)

Liabilities and Equity

  • Total equity: ₹23,588.85 (Equity share capital: ₹1,704.00; Other equity: ₹21,884.85)
  • Non-current liabilities: ₹11,556.55 (Borrowings: ₹861.97; Lease liabilities: ₹7,773.96; Other financial liabilities: ₹2,744.82; Deferred tax liabilities: ₹121.20; Provisions: ₹54.60)
  • Current liabilities: ₹17,611.49 (Borrowings: ₹7,526.14; Trade payables: ₹5,947.79; Other financial liabilities: ₹3,862.90; Provisions: ₹250.10; Current tax liabilities: ₹24.56)

Cash Flow Statement for Half Year Ended 30th September, 2026 (₹ in Lakh)

Operating Activities

  • Cash generated from operations: ₹1,964.59
  • Direct taxes paid: ₹140.00
  • Net cash flow from operating activities: ₹1,824.59

Investing Activities

  • Purchase of non-current assets: ₹(710.66)
  • Proceeds from sale of non-current assets: ₹17.84
  • Fixed deposits for margin money: ₹(5.63)
  • Bank and other interest received: ₹4.95
  • Net cash outflow from investing activities: ₹(693.50)

Financing Activities

  • Payment of lease liabilities: ₹(927.71)
  • Proceeds from long-term borrowings: ₹589.69
  • Repayment of long-term borrowings: ₹(104.98)
  • Interest paid: ₹(857.50)
  • Net cash outflow from financing activities: ₹(1,300.50)

Net Change in Cash

  • Net decrease in cash and cash equivalents: ₹(169.41)
  • Opening cash balance: ₹298.82
  • Closing cash balance: ₹116.86

Additional Information

Accounting Standards

Financial results prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013, specifically Ind AS 34 - Interim Financial Reporting.

Business Segment

The company operates in a single business segment - "Footwear segment" - as per Ind AS 108 guidance, hence segment disclosures are not applicable.

Audit Review

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. Statutory auditors Pardesp Tayal & Co. (Firm Registration No. 000000N) conducted a limited review and issued an unqualified report dated 12th November, 2026.

Public Availability

The financial results are available on the company's website (www.libertyshoes.com) and stock exchange websites (www.nseindia.com, www.bseindia.com).