Liberty Shoes Ltd
Liberty Shoes Ltd (LIBERTSHOE)

Liberty Shoes Ltd (LIBERTSHOE)

₹152.851.15%

Key Stats

₹151.65
Day's Price Range
₹155.55
₹124.05
52-Week Price Range
₹215.9
1 Month Return-9.63 %
3 Month Return13.31 %
1 Year Return6.7 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 7
31.61
EPS
Rank 5
₹4.77
BVPS
Rank 4
₹95.2
Dividend Yield
Rank 3
ROE
Rank 11
0.17%
Price To Book Ratio
Rank 5
1.58
Debt To Asset
Rank 7
0.62

Company Information

Liberty Shoes LSL incorporated in Sep.86 as a public limited company engaged in the business of manufacturing and selling leather nonleather shoes leather shoe uppers and leather garments. In 1991 LSL set up a joint venture to manufacture shoes and in Dec 1995 it was discontinued. LSL has floated its maiden public issue at a premium of Rs. 89 to partfinance the project to manufacture facility for 6 lac pairs of leather shoes and 9.6 lac pairs of nonleather shoes. The company has commenced commercial production of nonleather shoes in Dec.93.LSL has well established network of retail stores and markets its products under the well known brand Liberty. LSL serves all major segments of the footwear market its product range consists of Gliders and Coolers range of footwears under Casual Footwear segment GeoSport in Sports shoes. The company brand stable also includes Force10 Senorita and Aha range of products. The Liberty brand of LSL holds 32 market shares in the leather footware catogery. The company has upgraded its manufacturing facilities to manufacture highquality speciality sport shoes of international standard. Beside this the company intends to open its premier mega leather goods stores of international standard in the major cities of India. LSL entered into an marketing arrangement with renowned distribution company Delta International Schuhmode which paves way for LSL to export shoes to Germany.Even though the company was awarded A1meaning highest safety rating for its commercial paper in 19992000 by ICRA the company has not issued any commercial paper in FY20002001.In 200001 the company has completed the first phase of the SAP implementation project. and the second phase is expected to be completed during the current year. The company haas also implemented a backward integration project for manufacturing EVA copolymers at Libertypuram in Haryana. EVA being the import substitution product the company can save foreign exchange.
OrganisationLiberty Shoes Ltd
HeadquartersKarnal
IndustryLeather