Liberty Shoes
Liberty Shoes
Consumer GoodsKey Fundamentals
MicrocapFootwearConsumer GoodsTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Weaknesses
4- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 10.1% over past five years.
- Company has a low return on equity of 6.38% over last 3 years.
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 143 | 172 | 152 | 170 | 156 | 172 | 160 | 188 | 173 | 174 | 181 | 212 | 170 |
| Expenses | 128 | 156 | 141 | 144 | 140 | 157 | 147 | 163 | 157 | 159 | 168 | 192 | 156 |
| Operating Profit | 15.66 | 15.5 | 10.66 | 25.34 | 16.08 | 14.59 | 13.41 | 25.13 | 15.97 | 15.15 | 13.24 | 19.97 | 13.51 |
| OPM % | 10.92% | 9.02% | 7.01% | 14.94% | 10.31% | 8.49% | 8.38% | 13.39% | 9.24% | 8.7% | 7.32% | 9.42% | 7.95% |
| Other Income | 0.03 | -0.04 | 0.07 | -4.59 | 0.13 | -2.55 | 0.18 | -0.15 | 0.22 | 0.06 | -0.01 | 0.38 | -0.13 |
| Interest | 3.64 | 4.02 | 2.76 | 3.17 | 3.02 | 3.33 | 2.93 | 3.88 | 3.82 | 3.99 | 3.82 | 4.34 | 4.25 |
| Depreciation | 7.52 | 7.66 | 7.73 | 10.85 | 6.55 | 6.84 | 6.89 | 12.5 | 7.85 | 8.15 | 8.29 | 9.73 | 7.99 |
| PBT | 4.53 | 3.78 | 0.24 | 6.73 | 6.64 | 1.87 | 3.77 | 8.6 | 4.52 | 3.07 | 1.12 | 6.28 | 1.14 |
| Tax % | 26.27% | 30.42% | 25% | 25.85% | 29.67% | 50.8% | 37.14% | 34.77% | 26.33% | 35.5% | 47.32% | 15.61% | 40.35% |
| Net Profit | 3.35 | 2.64 | 0.18 | 4.98 | 4.66 | 0.92 | 2.37 | 5.61 | 3.33 | 1.97 | 0.59 | 5.3 | 0.68 |
| EPS in Rs | 1.97 | 1.55 | 0.11 | 2.92 | 2.73 | 0.54 | 1.39 | 3.29 | 1.95 | 1.16 | 0.35 | 3.11 | 0.4 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 526 | 454 | 497 | 546 | 602 | 652 | 458 | 488 | 654 | 637 | 675 | 740 | 737 |
| Expenses | 482 | 411 | 457 | 505 | 561 | 592 | 407 | 443 | 593 | 570 | 606 | 676 | 675 |
| Operating Profit | 44 | 43 | 40 | 40 | 41 | 60 | 51 | 45 | 62 | 67 | 69 | 64 | 62 |
| OPM % | 8% | 9% | 8% | 7% | 7% | 9% | 11% | 9% | 9% | 11% | 10% | 9% | 8% |
| Other Income | 0 | -1 | 0 | 0 | 0 | 5 | 0 | 0 | 0 | -5 | -2 | 1 | 0 |
| Interest | 16 | 16 | 16 | 16 | 15 | 14 | 14 | 12 | 12 | 14 | 13 | 16 | 16 |
| Depreciation | 12 | 14 | 14 | 13 | 13 | 33 | 34 | 29 | 32 | 34 | 33 | 34 | 34 |
| PBT | 15 | 12 | 10 | 11 | 13 | 17 | 2 | 4 | 18 | 15 | 21 | 15 | 12 |
| Tax % | -14% | 18% | 36% | 39% | 49% | 39% | 89% | 44% | 28% | 27% | 35% | 25% | — |
| Net Profit | 17 | 10 | 7 | 7 | 7 | 11 | 0 | 2 | 13 | 11 | 14 | 11 | 9 |
| EPS in Rs | 10.01 | 5.99 | 3.84 | 3.87 | 4.01 | 6.21 | 0.15 | 1.31 | 7.58 | 6.55 | 7.96 | 6.57 | 5.02 |
| Div. Payout % | 15% | 0% | 0% | 0% | 0% | 0% | 0% | 190% | 33% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 128 | 138 | 145 | 151 | 158 | 169 | 169 | 172 | 181 | 192 | 206 | 217 |
| Borrowings | 139 | 135 | 136 | 116 | 109 | 124 | 97 | 125 | 160 | 147 | 156 | 166 |
| Other Liabilities | 121 | 99 | 127 | 129 | 136 | 332 | 234 | 118 | 112 | 107 | 118 | 123 |
| Total Liabilities | 404 | 389 | 425 | 414 | 420 | 642 | 517 | 432 | 471 | 464 | 497 | 523 |
| Fixed Assets | 97 | 98 | 93 | 91 | 88 | 178 | 153 | 136 | 160 | 165 | 173 | 184 |
| CWIP | 1 | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 4 | 4 |
| Investments | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 306 | 289 | 330 | 322 | 330 | 462 | 363 | 295 | 310 | 299 | 319 | 335 |
| Total Assets | 404 | 389 | 425 | 414 | 420 | 642 | 517 | 432 | 471 | 464 | 497 | 523 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 35 | 39 | 22 | 32 | 29 | 153 | 33 | 38 | 94 | 88 | 74 | 80 |
| Investing | -17 | -16 | -8 | -11 | -10 | -117 | -9 | -8 | -55 | -44 | -44 | -45 |
| Financing | -19 | -22 | -14 | -21 | -19 | -37 | -24 | -30 | -39 | -43 | -30 | -35 |
| Net Cash Flow | -1 | 0 | 0 | 1 | -1 | -1 | 0 | -1 | 0 | 1 | 1 | 0 |
| Free Cash Flow | 17 | 23 | 14 | 21 | 17 | 34 | 23 | 38 | 94 | 88 | 74 | 80 |
| CFO/OP | 88 | 98 | 63 | 85 | 76 | 262 | 68 | 89 | 162 | 136 | 115 | 129 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 80 | 77 | 88 | 68 | 63 | 113 | 87 | 72 | 49 | 56 | 63 | 54 |
| Inventory Days | 191 | 243 | 249 | 216 | 207 | 213 | 347 | 257 | 237 | 206 | 223 | 189 |
| Days Payable | 121 | 127 | 142 | 130 | 114 | 215 | 214 | 122 | 92 | 87 | 85 | 72 |
| Cash Conversion Cycle | 150 | 193 | 195 | 153 | 156 | 111 | 220 | 208 | 193 | 175 | 200 | 171 |
| Working Capital Days | 28 | 35 | 41 | 47 | 55 | 59 | 97 | 99 | 71 | 73 | 77 | 72 |
| ROCE % | 12% | 10% | 9% | 9% | 10% | 9% | 6% | 6% | 9% | 9% | 10% | 8% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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60 extracted metrics + investor summaries across FY05–FY26.
Documents
Frequently Asked Questions about Liberty Shoes
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Company Information
Incorporated in 1954, Liberty Shoes manufactures and trades footwear, accessories and lifestyle products through its retail, ecommerce and wholesale network[1]
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