Lehar Footwears (LEHAR) | News Based Sentiment Analysis

• On August 26, 2025, Lehar Footwears received a substantial order worth ₹75 crore, immediately boosting investor confidence. This large order signaled strong demand for their products and positioned them well for continued growth, demonstrating their ability to secure significant contracts.
• Just prior to the order announcement, on August 25, 2025, Lehar Footwears secured a license from the Bureau of Indian Standards (BIS). This regulatory approval was crucial for maintaining product quality standards and expanding market reach, showing a commitment to compliance and customer satisfaction.
• Building on this momentum, Lehar Footwears secured an additional order worth ₹74.90 crore (excluding GST) on August 26, 2025, from the National Small Industries Corporation. This repeat order, specifically for 50,000 toolkits under the PM Vishwakarma Scheme, cemented their position as a preferred implementation partner for government initiatives and is expected to be executed by July 2026.
• On September 2, 2025, Lehar Footwears announced the scheduled launch of a new sports and athleisure footwear brand, "RANNR," signaling a diversification into a high-growth category. This launch aimed to leverage their existing manufacturing capabilities and distribution network.
• Lehar Footwear officially launched RANNR on September 5, 2025, marking the company’s entry into the performance footwear category. The brand will utilize their four manufacturing facilities in Jaipur and Kundli, and a network of over 520 distributors across 27 states, alongside D2C platforms, for extensive market penetration.
• Following the RANNR launch, the company reported its highest-ever revenue of ₹277.2 crore in FY25 and sales of ₹142.2 crore in Q1 FY26 on September 5, 2025. Chairman & Whole Time Director Raj Kumar Agarwal attributed this performance to the strength of their portfolio, including the new RANNR brand.
• The GST Council approved a reduction in GST rates on footwear priced up to ₹2,500 to 5% (previously 12%) effective September 22, 2025. This rate cut is expected to stimulate demand for footwear in this price range, potentially benefiting Lehar Footwears.

The Investment Story: Lehar Footwears experienced a remarkably positive month, marked by significant orders, a key regulatory approval, a successful brand launch, and a favorable GST rate change. These developments collectively demonstrate strong growth momentum and strategic diversification.

What It Means for Investors: The combination of large orders, the BIS license, the RANNR launch, and the GST rate cut suggests a strengthening market position and increased revenue potential for Lehar Footwears. Investors should anticipate continued growth and improved profitability.

Looking Ahead: Investors should monitor the execution of the ₹74.90 crore order, the performance of the RANNR brand, and any further expansion into new markets. Continued positive news regarding order fulfillment and brand adoption will be key indicators.

The Bottom Line: Lehar Footwears is demonstrating exceptional momentum with a diversified product portfolio, strong government partnerships, and favorable regulatory changes, making it a compelling investment opportunity in the Indian footwear market.