Liberty Shoes Ltd
NSE: LIBERTSHOE BSE: 526596Retail
Incorporated in 1954, Liberty Shoes manufactures and trades footwear, accessories and lifestyle products through its retail, ecommerce and wholesale network[1]
₹236
52W: ₹210 — ₹475
PE 34.4 · Book ₹134 · +76% vs bookMarket Cap₹402 Cr
Stock P/E34.4Price to Earnings
ROCE9.99%Return on Capital
ROE7.2%Return on Equity
Div. Yield0%Face Value ₹10
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −The company has delivered a poor sales growth of 0.71% over past five years.
- −Company has a low return on equity of 7.07% over last 3 years.
Shareholding Pattern
Promoters59.1%
FIIs0.11%
DIIs0%
Public40.79%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 58.5% | 58.36%▼0.1 | 58.32%▼0.0 | 58.32% | 58.32% | 58.52%▲0.2 | 58.46%▼0.1 | 59.1%▲0.6 |
| FIIs | 0.64% | 0.56%▼0.1 | 0.68%▲0.1 | 0.73%▲0.0 | 0.39%▼0.3 | 0.17%▼0.2 | 0.18%▲0.0 | 0.11%▼0.1 |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 40.86% | 41.08%▲0.2 | 41.01%▼0.1 | 40.96%▼0.0 | 41.29%▲0.3 | 41.3%▲0.0 | 41.36%▲0.1 | 40.79%▼0.6 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 171.79 | 152.08 | 169.64 | 155.93 | 171.8 | 160.1 | 187.66 | 172.79 | 174.23 | 180.92 |
| Expenses | 156.29 | 141.42 | 144.3 | 139.85 | 157.21 | 146.69 | 162.53 | 156.82 | 159.08 | 167.68 |
| Operating Profit | 15.5 | 10.66 | 25.34 | 16.08 | 14.59 | 13.41 | 25.13 | 15.97 | 15.15 | 13.24 |
| OPM % | 9.02% | 7.01% | 14.94% | 10.31% | 8.49% | 8.38% | 13.39% | 9.24% | 8.7% | 7.32% |
| Net Profit | 2.64 | 0.18 | 4.98 | 4.66 | 0.92 | 2.37 | 5.61 | 3.33 | 1.97 | 0.59 |
| EPS ₹ | 1.55 | 0.11 | 2.92 | 2.73 | 0.54 | 1.39 | 3.29 | 1.95 | 1.16 | 0.35 |
AI Insights
Revenue Trend
TTM revenue at ₹716Cr, up 6.1% YoY. OPM at 10%.
Debt Position
Borrowings at ₹165Cr. Debt-to-equity ratio: 0.78x. Moderate leverage.
Capex Cycle
CWIP at ₹4Cr (2% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0.11% (+0.11pp change). Promoters hold 59.1%.
Margin & Efficiency
ROCE declining from 12% (Mar 2014) to 10% (Mar 2025). Working capital days: 77.
Valuation
PE 34.4x with 9.99% ROCE. Price is 76% above book value of ₹134. Dividend yield: 0%.
Recent Announcements
- Board Meeting Intimation for Approval Of Audited Financial Results For Year Ended 31.03.2026 2d - Board meeting on 26 May 2026 to approve Q4 and FY2026 audited financial results.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 24 Apr - Regulation 74(5) certificate submitted for quarter ended 30 June 2025.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 17 Apr - Liberty Shoes confirms it is not a Large Corporate for FY 2026-27.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 17 Apr
- Closure of Trading Window 31 Mar
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse