Sreeleathers (SREEL)₹275.05+0.26%Footwear
In the Mar 2026 quarter (standalone), Sreeleathers reported sales of ₹62.63 Cr, up 17.9% from Mar 2025, and net profit of ₹9.64 Cr, up 82.9% year on year. For the year to Mar 2026, sales were ₹248 Cr and net profit ₹28.90 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 49.62 | 60.26 | 58.13 | 49.57 | 48.63 | 62.65 | 55.38 | 53.12 | 50.07 | 74.65 | 60.88 | 62.63 |
| Expenses | 40.51 | 48.12 | 48.41 | 42.83 | 41.98 | 52.69 | 46.68 | 46.41 | 45.83 | 62.96 | 53.00 | 52.68 |
| Operating Profit | 9.12 | 12.13 | 9.71 | 6.76 | 6.70 | 9.98 | 8.74 | 6.72 | 4.28 | 11.72 | 7.85 | 9.97 |
| OPM % | 18.4% | 20.1% | 16.7% | 13.7% | 13.8% | 15.9% | 15.7% | 12.7% | 8.5% | 15.7% | 12.9% | 15.9% |
| Other Income | 0.12 | 0.16 | 0.14 | 0.17 | 0.11 | 0.28 | 0.12 | 1.00 | 0.14 | 0.23 | 2.50 | 3.26 |
| Interest | 0.13 | 0.15 | 0.17 | 0.17 | 0.15 | 0.08 | 0.13 | 0.10 | 0.09 | 0.10 | 0.10 | 0.09 |
| Depreciation | 0.34 | 0.33 | 0.33 | 0.14 | 0.29 | 0.26 | 0.31 | 0.32 | 0.32 | 0.34 | 0.32 | 0.32 |
| Profit before tax | 8.71 | 11.72 | 9.29 | 6.57 | 6.32 | 9.87 | 8.38 | 7.25 | 3.99 | 11.48 | 9.87 | 12.77 |
| Tax % | 25.7% | 25.8% | 26.3% | 27.4% | 27.4% | 34.8% | 25.8% | 27.0% | 26.7% | 25.0% | 23.8% | 24.5% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 6.45 | 8.70 | 6.83 | 4.76 | 4.59 | 6.43 | 6.20 | 5.27 | 2.92 | 8.58 | 7.50 | 9.64 |
| EPS (Rs) | 2.79 | 3.75 | 2.95 | 2.05 | 1.98 | 2.78 | 2.68 | 2.27 | 1.26 | 3.70 | 3.24 | 4.17 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 79.92 | 100 | 141 | 168 | 173 | 82.97 | 122 | 198 | 215 | 217 | 248 | 248 |
| Expenses | 63.94 | 78.90 | 109 | 130 | 133 | 66.96 | 97.96 | 162 | 178 | 185 | 215 | 214 |
| Operating Profit | 16.07 | 21.08 | 32.12 | 38.15 | 40.13 | 16.06 | 24.07 | 36.12 | 38.14 | 32.09 | 34.11 | 33.82 |
| OPM % | 20.0% | 21.0% | 23.0% | 22.0% | 23.1% | 20.0% | 19.0% | 18.1% | 17.1% | 15.0% | 14.1% | 13.6% |
| Other Income | 2.99 | 1.01 | 1.99 | 7.99 | 0.00 | 0.00 | 0.99 | 0.99 | 1.01 | 1.01 | 5.99 | 6.13 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 0.00 | 0.00 | 0.38 |
| Depreciation | 0.99 | 1.01 | 1.01 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 1.30 |
| Profit before tax | 16.95 | 20.95 | 32.94 | 43.88 | 38.93 | 14.97 | 22.96 | 34.92 | 35.90 | 31.90 | 37.91 | 38.11 |
| Tax % | 35.0% | 34.9% | 34.0% | 30.0% | 25.9% | 26.0% | 27.0% | 26.0% | 26.0% | 28.9% | 25.0% | — |
| Exceptional items | 0.92 | 0.45 | 1.04 | 5.18 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.01 | −0.03 | 0.00 |
| Net Profit | 10.96 | 12.94 | 20.91 | 30.90 | 28.87 | 10.96 | 16.93 | 25.92 | 26.89 | 22.90 | 28.90 | 28.64 |
| EPS (Rs) | 4.48 | 5.31 | 8.47 | 12.32 | 11.39 | 4.80 | 7.11 | 11.02 | 11.57 | 9.71 | 12.37 | 12.37 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 8.0% | — |
| 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 | 25.03 | 24.95 | 24.92 | 24.89 | 24.91 | 24.95 | 22.96 | 22.90 | 22.97 | 22.90 | 22.95 | 23.00 |
| Reserves | 172 | 183 | 205 | 231 | 265 | 300 | 292 | 315 | 351 | 396 | 440 | 477 |
| Borrowings | 0.00 | 3.01 | 3.01 | 1.01 | 1.01 | 0.00 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 2.01 |
| Other Liabilities | 11.06 | 12.06 | 15.07 | 32.10 | 26.01 | 24.12 | 13.06 | 13.95 | 19.09 | 19.06 | 21.10 | 29.14 |
| Total Liabilities | 208 | 223 | 248 | 289 | 318 | 349 | 331 | 356 | 396 | 441 | 488 | 530 |
| Fixed Assets | 161 | 159 | 158 | 157 | 151 | 150 | 152 | 152 | 152 | 152 | 153 | 151 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 29.13 | 28.12 | 64.25 | 77.25 | 131 | 168 | 160 | 183 | 220 | 265 | 316 | 360 |
| Other Assets | 17.03 | 35.10 | 25.07 | 55.16 | 36.11 | 31.05 | 19.04 | 21.04 | 23.05 | 24.07 | 19.04 | 20.06 |
| Inventories | 6.65 | 8.29 | 9.54 | 10.60 | 14.37 | 14.39 | 11.26 | 12.93 | 14.39 | 12.52 | 9.23 | 8.06 |
| Trade receivables | 0.58 | 0.13 | 0.72 | 0.43 | 0.24 | 0.69 | 0.38 | 0.28 | 0.33 | 0.39 | 0.46 | 0.43 |
| Cash & equivalents | 5.42 | 18.13 | 5.77 | 26.29 | 7.05 | 4.63 | 4.99 | 6.85 | 7.88 | 10.57 | 7.90 | 10.16 |
| Total Assets | 208 | 223 | 248 | 289 | 318 | 349 | 331 | 356 | 396 | 441 | 488 | 530 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −0.99 | 9.01 | 14.01 | 27.98 | 14.99 | 29.02 | 11.01 | 16.99 | 29.01 | 30.01 | 27.01 | 31.01 |
| Cash from investing activity | 3.01 | −6.01 | −16.01 | −4.01 | −32.04 | −34.03 | 25.04 | −16.01 | −25.03 | −30.05 | −27.01 | −26.04 |
| Cash from financing activity | −1.99 | 0.00 | 0.00 | 0.00 | −1.99 | 0.00 | −32.96 | −0.99 | −0.99 | −0.99 | −0.99 | −2.99 |
| Net cash flow | 0.00 | 1.99 | −1.99 | 23.99 | −17.98 | −4.99 | 2.01 | 0.00 | 3.99 | −0.99 | 0.00 | 2.01 |
| Capex | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 1.01 | 3.01 | 0.00 |
| Free cash flow | −1.01 | 9.01 | 14.02 | 28.01 | 28.03 | 29.03 | 11.02 | 16.02 | 28.04 | 29.03 | 25.02 | 31.01 |
| CFO / OP % | −10.0% | 54.0% | 103.1% | 122.0% | 76.1% | 98.0% | 110.0% | 99.0% | 105.1% | 105.1% | 114.1% | 121.0% |
| 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 | 2 | 0 | 2 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Inventory days | 51 | 53 | 50 | 39 | 44 | 43 | 69 | 53 | 35 | 28 | 20 | 15 |
| Days payable | 14 | 21 | 24 | 14 | 20 | 21 | 34 | 25 | 18 | 17 | 15 | 21 |
| Cash conversion cycle | 39 | 31 | 27 | 23 | 22 | 21 | 34 | 27 | 16 | 10 | 4 | −7 |
| Working capital days | 9 | 12 | 6 | −14 | 11 | 12 | 21 | 16 | 6 | 4 | −2 | −12 |
| ROCE % | 6.0% | 8.0% | 9.0% | 13.0% | 14.0% | 13.1% | 5.0% | 7.0% | 10.1% | 9.0% | 7.0% | 8.0% |
For the Mar 2026 quarter, Sreeleathers reported sales of ₹62.63 Cr, up 17.9% year on year and net profit of ₹9.64 Cr, up 82.9% year on year. The operating margin was 15.9%.
Sreeleathers' sales for the year to Mar 2026 were ₹248 Cr; over the last twelve months they were ₹248 Cr.
Net profit for the year to Mar 2026 was ₹28.90 Cr, and ₹28.64 Cr over the last twelve months. Earnings per share over the same trailing period were ₹12.37.
Sreeleathers reported borrowings of ₹2.01 Cr at Mar 2026, against cash and equivalents of ₹10.16 Cr.
Cash from operations was ₹31.01 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹31.01 Cr.