LIBERTSHOE

Liberty Shoes Limited

Liberty Shoes Limited (LIBERTSHOE) financial statements and selected valuation metrics through 30 June 2026.

Consumer Discretionary›Consumer Durables›Consumer Durables›Footwear

libertyshoes.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹210.75
Market cap
359 Cr
Stock P/E
42.0
P/B
1.54
Dividend yield
1.2%
ROE (FY26)
4.8%
ROCE (FY26)
9.9%
Operating margin (FY26)
4.1%
Debt / equity (FY26)
0.34
OCF / EBITDA (FY26)
124.0%
OCF / EBITDA (3Y)
120.8%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Liberty Shoes makes and sells footwear through its own retail, distribution and e-commerce networks, and is a single-segment footwear company.

Company snapshot

7thBy market cap

Ranked among 9 companies in Footwear.

What we see

Positives
  • ✓121% of operating profit came in as cash over the last three years — profits are backed by real cash.
Concerns
  • ✗Net margin is very thin at 1.5% — little room for error if costs rise.

Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Standalone only

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales172 Cr152 Cr170 Cr156 Cr172 Cr160 Cr188 Cr173 Cr174 Cr181 Cr212 Cr170 Cr
Operating expenses (approx.)156 Cr141 Cr144 Cr140 Cr157 Cr147 Cr163 Cr157 Cr159 Cr168 Cr192 Cr156 Cr
EBITDA15 Cr11 Cr25 Cr16 Cr15 Cr13 Cr25 Cr16 Cr15 Cr13 Cr20 Cr14 Cr
OPM %9.0%7.0%14.9%10.3%8.5%8.4%13.4%9.2%8.7%7.3%9.4%8.0%
Other income0.03 Cr0.20 Cr0.13 Cr0.09 Cr0.04 Cr0.02 Cr0.14 Cr0.18 Cr0.05 Cr0.04 Cr0.23 Cr0.02 Cr
Interest4 Cr3 Cr3 Cr3 Cr3 Cr3 Cr4 Cr4 Cr4 Cr4 Cr4 Cr4 Cr
Depreciation8 Cr8 Cr11 Cr7 Cr7 Cr7 Cr12 Cr8 Cr8 Cr8 Cr10 Cr8 Cr
Profit before tax4 Cr0.25 Cr7 Cr7 Cr2 Cr4 Cr9 Cr5 Cr3 Cr1 Cr6 Cr1 Cr
Tax %30.3%25.2%25.9%29.7%50.8%37.1%34.8%26.3%35.6%47.2%15.6%40.0%
Net profit3 Cr0.18 Cr5 Cr5 Cr0.92 Cr2 Cr6 Cr3 Cr2 Cr0.59 Cr5 Cr0.68 Cr
EPS (₹)₹1.55₹0.11₹2.77₹2.74₹0.54₹1.39₹3.25₹1.95₹1.16₹0.35₹3.13₹0.40

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales497 Cr544 Cr602 Cr652 Cr458 Cr488 Cr654 Cr637 Cr675 Cr740 CrSign in free for the trailing twelve months
Operating expenses (approx.)458 Cr504 Cr561 Cr591 Cr407 Cr443 Cr593 Cr570 Cr606 Cr676 CrSign in free for the trailing twelve months
EBITDA40 Cr40 Cr41 Cr61 Cr51 Cr45 Cr62 Cr67 Cr69 Cr64 CrSign in free for the trailing twelve months
OPM %7.9%7.4%6.9%9.3%11.2%9.3%9.4%10.5%10.2%8.7%Sign in free for the trailing twelve months
Other income0.47 Cr0.37 Cr0.43 Cr0.45 Cr0.43 Cr0.28 Cr0.17 Cr0.39 Cr0.30 Cr0.50 CrSign in free for the trailing twelve months
Interest16 Cr16 Cr15 Cr14 Cr14 Cr12 Cr12 Cr14 Cr13 Cr16 CrSign in free for the trailing twelve months
Depreciation14 Cr13 Cr13 Cr33 Cr34 Cr29 Cr32 Cr34 Cr33 Cr34 CrSign in free for the trailing twelve months
Profit before tax10 Cr11 Cr13 Cr18 Cr2 Cr4 Cr18 Cr15 Cr21 Cr15 CrSign in free for the trailing twelve months
Tax %35.6%39.4%49.2%38.3%89.4%43.6%27.7%27.0%35.0%25.3%Sign in free for the trailing twelve months
Net profit7 Cr7 Cr7 Cr11 Cr0.25 Cr2 Cr13 Cr11 Cr14 Cr11 CrSign in free for the trailing twelve months
EPS (₹)₹3.84₹3.87₹4.02₹6.45₹0.14₹1.54₹7.88₹6.40₹7.92₹6.59Sign in free for the trailing twelve months
Dividend payout %————0.0%0.0%33.0%0.0%0.0%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital17 Cr17 Cr17 Cr17 Cr17 Cr17 Cr17 Cr17 Cr17 Cr17 Cr
Reserves145 Cr151 Cr158 Cr169 Cr169 Cr172 Cr181 Cr192 Cr206 Cr217 Cr
Borrowings136 Cr112 Cr107 Cr123 Cr96 Cr65 Cr87 Cr70 Cr74 Cr80 Cr
Other liabilities127 Cr134 Cr138 Cr333 Cr235 Cr178 Cr185 Cr184 Cr200 Cr209 Cr
Total liabilities425 Cr414 Cr420 Cr642 Cr517 Cr432 Cr471 Cr464 Cr497 Cr523 Cr
Fixed assets (net)91 Cr90 Cr87 Cr85 Cr79 Cr76 Cr87 Cr87 Cr91 Cr97 Cr
CWIP1 Cr0.24 Cr0.32 Cr0.90 Cr0.12 Cr0.02 Cr0.20 Cr0.01 Cr4 Cr4 Cr
Investments1 Cr1 Cr1 Cr1 Cr1 Cr7 Cr0.0045 Cr0.0045 Cr0.0045 Cr0.0045 Cr
Loans & advances——31 Cr43 Cr33 Cr1 Cr1 Cr0.98 Cr2 Cr1 Cr
Inventories164 Cr169 Cr174 Cr199 Cr204 Cr168 Cr194 Cr158 Cr174 Cr181 Cr
Trade receivables120 Cr101 Cr104 Cr203 Cr109 Cr96 Cr87 Cr98 Cr116 Cr109 Cr
Cash & bank8 Cr9 Cr8 Cr7 Cr8 Cr1 Cr2 Cr3 Cr3 Cr3 Cr
Other assets39 Cr43 Cr13 Cr103 Cr84 Cr82 Cr99 Cr117 Cr106 Cr128 Cr
Total assets425 Cr414 Cr420 Cr642 Cr517 Cr432 Cr471 Cr464 Cr497 Cr523 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity22 Cr32 Cr29 Cr153 Cr34 Cr38 Cr94 Cr88 Cr74 Cr80 Cr
Cash from investing-8 Cr-11 Cr-11 Cr-119 Cr-9 Cr-9 Cr-56 Cr-44 Cr-44 Cr-45 Cr
Cash from financing-14 Cr-21 Cr-19 Cr-37 Cr-24 Cr-30 Cr-39 Cr-43 Cr-30 Cr-35 Cr
Net cash flow0.54 Cr0.94 Cr-1 Cr-3 Cr1 Cr-0.74 Cr0.28 Cr1 Cr0.63 Cr-0.32 Cr
Free cash flow (OCF − Capex)13 Cr20 Cr16 Cr25 Cr16 Cr18 Cr33 Cr48 Cr27 Cr34 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %8.7%9.5%10.0%10.4%5.9%6.4%10.5%10.3%11.5%9.9%
ROE %4.0%3.9%3.9%5.9%0.1%1.2%6.5%5.3%6.1%4.8%
Debtor days886863113867249566253
Inventory days323371324442454394276259269242
Days payable18422417844727918610710910392
Cash conversion cycle227215209108261279217206229203
OCF / EBITDA %56.8%80.0%69.1%251.7%65.5%83.7%152.2%131.3%107.6%124.0%
OCF / EBITDA % (3 years)——68.7%150.1%140.2%142.7%104.5%126.4%129.6%120.8%
Debt / equity0.840.660.610.660.510.340.440.340.330.34
Current ratio1.261.351.451.331.581.891.761.851.911.89
Net debt / EBITDA3.252.552.391.911.711.411.381.011.031.19