Lehar Footwears Ltd — Important, 05-06-2026: Company Update

To, Date: June 5, 2026

BSE Limited

25

th

Floor, P J Towers,

Dalal Street,

Mumbai-400001, MH

Scrip Code: 532829

Subject: Revised Investor Presentation for the Quarter and Year ended March 31, 2026

Dear Sir/Madam,

Please find enclosed copy of Revised Investor Presentation of the Company for the quarter

and year ended March 31, 2026.

We request you to take the same on record.

Thanking You

Yours faithfully,

for Lehar Footwears Limited

Ritika Poddar

Company Secretary & Compliance Officer

ACS No. A65615

Investor Presentation

FY2025-26

Laclˆg ¼ ̈ f«

·he NeÖ· La ̈

FINANCIAL SNAPSHOT – FY 2026

REVENUE

₹431.1 Cr

↑ 56% YoY

EBITDA

₹38.9 Cr

EBITDA Margin: 9.0%

↑ 49% YoY

PAT

₹20.8 Cr

PAT Margin: 4.8%

↑ 92% YoY

CFO

₹25.2 Cr

Healthy cash conversion

and operating discipline

RoCE

18.0%

Efficient capital

utilization

Seasoned Promoters with 30+

years of experience in the industry

Management Team

Company Overview

BUSINESS SNAPSHOT

Product Portfolio

1300+ SKUs

EVA/PVC/PU portfolio across

Men, Women & Kids

5 Manufacturing Facilities

Manufacturing Scale

Distribution Reach

520+ Distributors

4 open footwear facilities in

Rajasthan + Kundli athleisure

facility

Across 27 states in India along

with presence on wide range of

platforms

Global Presence

20+ Countries

Presence across exports &

international markets

Compliant Manufacturing with BIS Approvals

Supplying toolkits under the PM Vishwakarma Scheme

Emerging non - leather footwear manufacturer focused on premiumization, diversification &

category expansion

01

STRONG MANUFACTURING

FOUNDATION

04

STRONG MARKET REACH &

GLOBAL PRESENCE

Sports

Shoes

Widespread presence across India and exports to

global markets under our own brand

27+

States across India

20+

Stepping Up with Steady Momentum

Footwear Business

ESTABLISHED & GROWING

DISTRIBUTION NETWORK

Strong pan-India presence with multi-channel

distribution and growing digital footprint.

520+

Distributors

E-Commerce

Presence across

Flipkart, Bijnis, etc

Retail Stores like

Reliance, D-Mart

Large Format

Stores

WIDE & DIVERSE PRODUCT PORTFOLIO

~1,300 active SKUs across men, women

and kids categories

Key Segments

Slippers /

Sandals

School

Shoes

INNOVATION & NEW PRODUCT LAUNCHES

Continuously innovating and launching new

products to meet evolving customer preferences

Launched Single Mould EVA footwear & Sports

Shoes

Casual

Shoes

IN HOUSE BRANDS & OEM

MANUFACTURING

Catering to multiple customer segments with a

wide range of functional and lifestyle footwear

through Lehar and Rannr

Started OEM supply in the athleisure category.

Onboarded Spykar, Red Chief, Cult Sport, Yoho,

Shein, Lee Cooper, Plaeto and Exelerate

Sports

Shoes

Countries

Fully automatic injection moulding machinery

for EVA footwear and Rotary Type PU Injection

Machine for PU footwear

02

03

04

05

06

Toolkit Business

01

Asset-light model,

Negligible working capital

requirements

High RoCE Generation

02

Started tool kits supply under PM

Vishwakarma Scheme in FY24-25

06

Scaling from a single trade to

multiple trades within the scheme,

basis proven execution

Early-mover advantage and

strong credibility as a key

vendor

FY26–27 budget proposes

₹3,861 Cr outlay for PM

Vishwakarma Scheme

04

The Cash Engine Behind the Core

05

Robust Tech-enabled PMVKY platform with

efficient delivery-based payment disburals,

resulting in healthy cash flow generation

03

Engineered for the Next Leg of Growth

HEALTHY BALANCE SHEET

WORKING CAPITAL CYCLE IMPROVEMENT

STRONG REVENUE GROWTH

FY20 → FY26E - Growth Trend

Entry into High Value Non

Leather Closed Footwear

Focus on Branding &

Celebrity Endorsements

Multi-Location

Manufacturing

Focus on

Premiumisation

Launch of

Fashion Footwear

Widened Reach across

LFS & Modern Retail

G R O W T H E N A B L E R S

Revenue Growth

Expansion of product portolio and diversification

of revenue streams

ROCE expanded from low single digits to 18% in

FY26 as operating leverage kicked in

Improvement in Working Capital Cycle

Debtors velocity tightened through better credit

discipline and channel mix

Leaner Inventory Mannagement

Further expected improvement with implementation

of ERP from April - 2026

Strengthening of Balance Sheet

Internal accruals and cash flows fund growth

capex, reducing external borrowing dependence

Long-term debt reduced from ~₹15 Cr peak in

FY23 to near-negligible levels in FY26

Government Business - Key

Cash Generating Segment

(Days)(₹ Crores)(₹ Crores)

01

5X CAPACITY

EXPANSION AT KUNDLI

Phased expansion of the

Kundli sports shoe facility to

increase capacity from 1 lakh

to 5 lakh pairs per month,

supporting future demand and

growth

Focused on improving product

quality and manufacturing

standards to align with

leading international footwear

brands

02

SCALING ATHLEISURE

SEGMENT

Company is continuously

onboarding new OEMs for

sports shoe manufacturing

Launched in-house brand

'RANNR' with a focus on

delivering high-quality,

durable, and trendy footwear

at affordable mass-to-mid

segment price points

03

NEXT PHASE OF TOOLKIT

SUPPLY

Entered a new business

vertical through the supply of

tool kits under government

welfare schemes, in

partnership with NSIC under

the PM Vishwakarma

Scheme

04

AUTOMATED EVA/PU

CAPACITY INSTALLED

Installed fully automated EVA

injection moulding and Rotary

Type PU injection machinery

Keeping pace with evolving

consumer taste and

preferences

Enhances manufacturing

efficiency, product quality

05

EXPANDING SALES

CHANNEL

Enhancing distribution network

for premium footwear to

expand market reach

Expanding presence across

LFS & Modern Retail such as

Reliance Retail, D-Mart etc

Scaling participation in

government footwear tenders

Strengthens scalability and

future growth potential

Expanding our product

portfolio and business model

Asset-Light, High RoCE,

Funding Growth initiatives

Improved efficiency, quality

and production scale

Recent Initiatives ~Setting Up the Next Phase of Growth

Capacity, categories, and credentials - all moving in parallel

Broader reach, higher

visibility, scalable offtake

Management Team

Seasoned management with deep industry expertise.

NEW APPOINTMENTS DURING THE YEAR

Ritika Poddar

Company Secretary;

Compliance Officer

Experience: 5 years

Naveen Kumar Agarwal

VP - Manufacturing

Experience: 21+ years

Pramod Agarwal

Whole Time Director

Naresh Agarwal

Managing Director

Experience : 30+ years

Experience: 30+ years

Raj Kumar Agarwal

Chairman and

Whole Time Director

Experience: 20 years

Sanjay Kumar Agarwal

CEO

Pankaj Agarwal

VP - Finance

Experience: 16 years

Experience: 30+ years

Experience: 10 years

Prateek Agarwal

VP - Operations

Praveen Singhal

VP - Sourcing & Development

Past Employment: Head of Development at Campus

Activewear Ltd

Experience: 35+ Years

Rakesh Kumar Soni

CFO

Experience: 16+ years

Sarvesh Sharma

VP - Operations - Kundli

Experience: 22+ Years

Past Employment: Head of Production and Sourcing at

Campus Activewear Ltd

Anil Gaur - VP Sales

Experience: 30+ Years

Past Employment: VP Sales & Marketing at JQR Sports (India) Pvt. Ltd.

Head– Distribution, Goldstar Footwear Pvt. Ltd.

Regional Head - North Sales VKC Group

Manav Agarwal

E-Commerce Manager

Education - MBA from Curtin University, Dubai

Key Financial Highlights (In ₹ Cr)

29%

Revenue CAGR (FY20-26)EBITDA CAGR (FY20-26)

31%

PAT CAGR (FY20-26)

66%

Strong EPS Growth

Robust EPS Growth from ₹ 0.71 in FY20 to

₹ 11.79 in FY26

Scaling Exports

Consistent Topline Expansion

Healthy revenue growth backed by

diversification and new product launches

Strong Profitability Growth

Robust PAT growth as a result of lower

dependence on Debt and highet absorption

of Depreciation

Export Sales scaled from ₹ 11 Cr in FY20 to

₹ 30 Cr in FY26

REVENUE GROWTHEBITDA & EBITDA MARGINSPAT & PAT MARGINS

(₹ Crores)(₹ Crores)(₹ Crores)

Indian Footwear Industry Positioned for Strong Structural Growth

LARGE & GROWING MARKET OPPORTUNITY

STRUCTURAL GROWTH DRIVERS

INDUSTRY AT A GLANCE

_ Strong structural tailwinds, a large addressable market and our capabilities position us for sustainable long-term growth

Rising Disposable Income & Urbanization

Premiumization Trend

Export Opportunities (China+1)

Government Support

Higher income levels and rapid urban growth are increasing consumer

spending on branded, fashionable, and lifestyle footwear products.

Consumers are moving away from low-cost unorganized footwear

towards branded products offering better quality, comfort, and design.

Global buyers are diversifying sourcing creating significant

opportunities for India to emerge as a competitive manufacturing hub.

'Make in India' initiatives, GST reduction and production-linked

incentives are strengthening domestic manufacturing and the formal

ecosystem.

Indian Footwear Industry Market Size

FY26

₹ 1.8 Trillion

FY31

₹ 3.36 Trillion

œ The industry is expected to nearly double in size over the next 5 years.

13.%

CAGR

FY26–FY31

Rising disposable income, premiumization are driving long-term industry expansion.

Source: Industry Reports/Internal Estimates

Formalization

Organized players

gaining market share

Rising Fashion

Awareness

Increasing focus on style,

comfort & lifestyle

Per Capita Footwear

Consumption

Large Addressable

Market

Expanding demand across urban

& rural India

Provides significant headroom for

long-term growth

Our Product Portfolio

Plant I - VKIA, JaipurPlant II - VKIA, Jaipur

Plant IV - VKIA, Jaipur

Manufacturing Capability

Plant III - Kaladera, Jaipur

Plant V - Kundli, Sonipat

Progress on Capex - New Athleisure Facility, Kundli

Expected to commence commercial operations from Q2FY27 onwards

This presentation has been prepared by Lehar Footwears Limited (the “Company”) for general information purposes only, without regard to any specific objectives, suitability, financial situations and needs of any

particular person and does not constitute any recommendation or form part of any offer or invitation, directly or indirectly, in any manner, or inducement to sell or issue, or any solicitation of any offer to purchase or

subscribe for, any securities of the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment therefore. This presentation does

not solicit any action based on the material contained herein. Nothing in this presentation is intended by the Company to be construed as legal, accounting or tax advice.

This presentation has been prepared by the Company based upon information available in the public domain. This presentation has not been approved and will not or may not be reviewed or approved by any statutory

or regulatory authority in India or by any Stock Exchange in India. This presentation may include statements which may constitute forward-looking statements. The actual results could differ materially from those

projected in any such forward-looking statements because of various factors. The Company assumes no responsibility to publicly amend, modify or revise any forward-looking statements, on the basis of any subsequent

developments, information or events, or otherwise.

This presentation contains certain forward-looking statements relating to the business, financial performance, strategy and results of the Company and/ or the industry in which it operates. Forward-looking statements

are statements concerning future circumstances and results, and any other statements that are not historical facts, sometimes identified by the words including, without limitation "believes", "expects", "predicts",

"intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forward-looking statements, including those cited from third party sources, contained in this presentation

are based on numerous assumptions and are uncertain and subject to risks. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or

results to differ significantly from any anticipated development. Neither the Company nor its affiliates or advisors or representatives nor any of its or their parent or subsidiary undertakings or any such person's officers or

employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements

contained in this presentation or the actual occurrence of the forecasted developments. Forward-looking statements speak only as of the date of this presentation and are not guarantees of future performance. As a

result, the Company expressly disclaims any obligation or undertaking to release any update or revisions to any forward-looking statements in this presentation as a result of any change in expectations or any change in

events, conditions, assumptions or circumstances on which these forward looking statements are based. Given these uncertainties and other factors, viewers of this presentation are cautioned not to place undue

reliance on these forward-looking statements.

The information contained in these materials has not been independently verified. None of the Company, its directors, promoters or affiliates, nor any of its or their respective employees, advisers or representatives or

any other person accepts any responsibility or liability whatsoever, whether arising in tort, contract or otherwise, for any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage

suffered or incurred howsoever arising, directly or indirectly, from any use of this presentation or its contents or otherwise in connection with this presentation, and makes no representation or warranty, express or

implied, for the contents of this presentation including its accuracy, fairness, completeness or verification or for any other statement made or purported to be made by any of them, or on behalf of them, and nothing in

this presentation or at this presentation shall be relied upon as a promise or representation in this respect, whether as to the past or the future. Past performance is not a guide for future performance. The information

contained in this presentation is current, and if not stated otherwise, made as of the date of this presentation. The Company undertakes no obligation to update or revise any information in this presentation as a result

of new information, future events or otherwise. Any person/ party intending to provide finance/ invest in the shares/ businesses of the Company shall do so after seeking their own professional advice and after carrying

out their own due diligence procedure to ensure that they are making an informed decision.

This presentation is strictly confidential and may not be copied or disseminated, in whole or in part, and in any manner or for any purpose. No person is authorized to give any information or to make any representation

not contained in or inconsistent with this presentation and if given or made, such information or representation must not be relied upon as having been authorized by any person. Failure to comply with this restriction

may constitute a violation of the applicable securities laws.

SAFE HARBOR

info@leharfootwear.com

www.leharfootwear.com

Thank You

0141-4157777

A-243(A) Road No. 06 V.K.I. Area,

Jaipur,– Rajasthan - 302013

CIN: L15209RJ1994PLC008196