Synopsis: Lehar Footwears Ltd has announced a new manufacturing facility in Haryana aimed at expanding its production capacity in the sports and athleisure segment. The company plans to increase its capacity fivefold while maintaining strong operational efficiency.
Lehar Footwears Ltd, a growing player in the non-leather footwear segment, continues to strengthen its presence in India’s fast-evolving footwear market. The company manufactures a wide range of products including slippers, sandals, and sports shoes, catering to both branded and OEM segments. With rising demand for athleisure and casual footwear, the company is now taking a major step toward expansion by setting up a new manufacturing unit.
In the latest trading session, Lehar Footwears was trading at around Rs. 227, up nearly 2.5% during the day compared to previous close of Rs. 221.80. The company has a market capitalization of approximately Rs. 400 crore, placing it in the small-cap category. Despite recent gains, the stock remains about 29% below its 52-week high, suggesting potential upside if growth plans materialize successfully.
Lehar Footwears has set up a new manufacturing facility in Kundli, Haryana, focused on producing sports shoes and EVA footwear for men, women, and kids. The plant will cater to both domestic and international markets, strengthening the company’s
Production at the new unit is expected to begin from Q2 FY26, aligning with rising demand in the athleisure category. Currently, the company operates at a capacity of 1 lakh pairs per month, with a high utilization of 85–90%.
The expansion plan includes adding 5 lakh pairs per month capacity in a phased manner, effectively resulting in a 5x increase in production capacity. The company will invest up to Rs. 25 crore, funded entirely through internal accruals, reflecting financial stability and confidence in future demand.
For the quarter ended December 2025 (Q3 FY26), Lehar Footwears reported revenue of Rs. 57.2 crore, reflecting a decline of around 14.8% YoY. Operationally, the company posted an operating profit of Rs. 5.7 crore, with margins remaining under pressure.
Profit before tax stood at Rs. 2.9 crore, while net profit came in at Rs. 2.1 crore, slightly lower on a YoY basis. The muted performance in Q3 indicates challenges in demand or cost pressures, which likely prompted the company to focus on expansion and long-term growth strategies.
Lehar Footwears’ decision to set up a new manufacturing unit marks a significant step toward scaling its business. While recent quarterly performance remained under pressure, the aggressive capacity expansion highlights strong future demand expectations.
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