Lehar Footwears Ltd — Important, 13-02-2026: Company Update

Lehar Footwears announced its Q3FY26 results, with revenue declining 15% YoY to 57.1 Cr. This was primarily due to delayed toolkit deliveries shifting to the next quarter. Despite this, the Footwear segment showed strong performance, growing 18% YoY driven by new product launches and scaling up its athleisure facility. The company improved EBITDA margins through a favorable product mix and reduced finance costs by cutting debt. Lehar's credit rating was upgraded to Crisil BBB/Stable/Crisil A3+, reflecting a stronger financial profile. The toolkit segment has an order book of ~60 Cr, anticipating future tenders under the PM Vishwakarma Scheme.