Date: 28 Feb 2024

Leather

Sector	Market Cap	No of Companies
Leather	80100.63	21

 

NetWorth	4527.00	TTM Sales	8745.05	TTM Sales Var (%)	2.72
Debt	2736.54	TTM OP	1690.07	TTM NP Var (%)	-1.52
Capital Employed	7396.59	TTM OPM (%)	21.72	EV/TM Sales	9.16
Net Block	3857.27	TTM PATM (%)	7.90	EV/TTM EBITDA	48.60
Current Assets	4296.04	Debt / Equity	0.60	P/E	115.97
ROCE (%)	31.91	RONW (%)	15.26	P/B	17.69

The above figures are in Rs. Crores as of 28 Feb 2024

TTM ended December 2023

	28 Feb 2024	31 Jan 2023	31 Jan 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	80092.86	77152.82	77114.36	3.81	3.86
Total Marketcap	38849922.4	27157567.18	25408087.59	43.05	52.9
Sector's share	0.21	0.28	0.3	-0.07	-0.09
Sector No of companies	19	21	20	-2	-1
Total Listed companies	4541	4248	4096	293	445
Sector's share	0.42	0.49	0.49	-0.07	-0.07
Nifty 50	21951.15	21725.7	17303.95	1.04	26.86

 

Gainers
Company Name	28/02/2024	25/01/2024	Var%
NB Footwear	14.72	9.43	56.10
S R Industries	2.22	1.51	47.02
Zenith Exports	181.50	152.55	18.98
Super Tannery	10.55	10.37	1.74
Losers
Company Name	28/02/2024	25/01/2024	Var%
AKI India	23.75	31.20	-23.88
Mirza Internatio	47.43	59.49	-20.27
Liberty Shoes	292.00	363.35	-19.64
Bhartiya Intl.	319.50	365.00	-12.47
Superhouse Ltd	220.40	247.40	-10.91

 

During the month of February 2024, Leather sector’s Marketcap increased 3.81% to Rs 80092.86 crore, compared to 43.05% rise in total listed marketcap to Rs 38849922.4 crore.

Sector’s share of total listed marketcap moved to 0.21% in February 2024 from 0.28% in January 2023 and 0.3% in January 2022.

In terms of price appreciation in the sector, there were 4 gainers and 14 losers in the month of Feb 2024. The gainers accounted for 19.05% of sector companies, losers accounted for 66.67% of sector companies, while 3% remained unchanged.

The top 3 gainers were NB Footwear (56.10% gain), S R Industries (47.02% gain) and Zenith Exports (18.98% gain).

The 3 losers at the bottom were AKI India (-23.88% fall), Mirza Internatio (-20.27% fall) and Liberty Shoes (-19.64% fall).

During the month Bata India Ltd, Superhouse Ltd, Super Tannery Ltd, Zenith Exports Ltd, Phoenix International Ltd, Euro Leder Fashion Ltd, Sarup Industries Ltd, Liberty Shoes Ltd, Mirza International Ltd, Bhartiya International Ltd, Oscar Global Ltd, Andhra Pradesh Tanneries Ltd, Ace Exports Ltd, Eastern General Industries Ltd, Lehar Footwears Ltd, Khadim India Ltd, Amin Tannery Ltd, AKI India Ltd and Campus Activewear Ltd announced their results. Of these Mirza International Ltd and Eastern General Industries Ltd reported rise in net profit attributable to shareholders. Companies like Bata India Ltd, Campus Activewear Ltd, Superhouse Ltd, Khadim India Ltd, Bhartiya International Ltd, Lehar Footwears Ltd, Phoenix International Ltd, Liberty Shoes Ltd, Euro Leder Fashion Ltd and Amin Tannery Ltd reported fall in net profit attributable to shareholders.

Companies like Sarup Industries Ltd reported loss to profit and Zenith Exports Ltd, Ace Exports Ltd and Bhartiya International Ltd reported profit to loss.

During the month Bata India Ltd, NB Footwear Ltd, Superhouse Ltd, Super Tannery Ltd, Zenith Exports Ltd, S R Industries Ltd, Phoenix International Ltd, Euro Leder Fashion Ltd, Sarup Industries Ltd, Liberty Shoes Ltd, Mirza International Ltd, Bhartiya International Ltd, Oscar Global Ltd, Relaxo Footwears Ltd, Andhra Pradesh Tanneries Ltd, Mayur Leather Products Ltd, Metro Brands Ltd, Lehar Footwears Ltd, Khadim India Ltd, Stanley Lifestyles Ltd, Amin Tannery Ltd, AKI India Ltd and Campus Activewear Ltd filed their shareholding patterns.

FIIs increased their shareholding in Bata India Ltd from 7.51% to 7.88%, Metro Brands Ltd from 2.33% to 2.68% and Relaxo Footwears Ltd from 3.24% to 3.40%. FIIs reduced their shareholding in Liberty Shoes Ltd from 0.15% to 0.00%, Mirza International Ltd from 1.35% to 0.45% and Campus Activewear Ltd from 9.25% to 5.94%.

DIIs increased their shareholding in Campus Activewear Ltd from 4.57% to 7.07% and Relaxo Footwears Ltd from 8.49% to 8.82%. DIIs reduced their shareholding in Metro Brands Ltd from 5.97% to 5.89% and Bata India Ltd from 29.93% to 29.66%.

Promoters increased their shareholding in Lehar Footwears Ltd from 70.99% to 71.81% and Euro Leder Fashion Ltd from 40.92% to 41.03%. Promoters reduced their shareholding in Metro Brands Ltd from 74.21% to 74.17%, Oscar Global Ltd from 44.06% to 43.84% and AKI India Ltd from 68.64% to 53.57%.

During the month Annual reports of Bata India Ltd, NB Footwear Ltd, Superhouse Ltd, Mideast (India) Ltd, Namaste Exports Ltd, Super Tannery Ltd, Zenith Exports Ltd, S R Industries Ltd, Phoenix International Ltd, Euro Leder Fashion Ltd, Sarup Industries Ltd, Liberty Shoes Ltd, Mirza International Ltd, Bhartiya International Ltd, Oscar Global Ltd, Relaxo Footwears Ltd, Andhra Pradesh Tanneries Ltd, Avanti Leathers Ltd, Mayur Leather Products Ltd, Ace Exports Ltd, Drish Shoes Ltd, Focus Energy Ltd, Phoenix Industries Ltd (West Bengal to Delhi), Metro Brands Ltd, Ponds Export Ltd, Super Shoes (India) Ltd, Cheviot International Ltd, Moti International Pvt Ltd, Polynova Industries Ltd, Suri Shoes Pvt Ltd, A V Thomas Leather & Allied Products Pvt Ltd, Manocha Polymers Ltd, J&J Leather Enterprises Ltd, Multivista Global Ltd, Lehar Footwears Ltd, Khadim India Ltd, Sara Suole Pvt Ltd, New Horizons Pvt Ltd, M&B Footwear Pvt Ltd, Alina Pvt Ltd, TFL Quinn India Pvt Ltd, Paragon Polymer Products Pvt Ltd, NU Fashion Footwear Pvt Ltd, Farida Shoes Pvt Ltd, Rahman Industries Ltd, Choudhary International Pvt Ltd, SSIPL Retail Ltd, Stanley Lifestyles Ltd, Iqbal Leathers Ltd, Lex International Pvt Ltd, Arvind Footwear Pvt Ltd, Euro Footwear Ltd, Catwalk Worldwide Pvt Ltd, Clarks Future Footwear Ltd, Prime International India Pvt Ltd, Presidency Kid Leather Ltd, Rahul Ion-Tech Ltd, Amin Tannery Ltd, Crescent Tanners Pvt Ltd, Pavers England Ltd, AKI India Ltd, Althaf Shoes Pvt Ltd, B.B.K Leathers Pvt Ltd, Condor Footwear India Ltd, Delta Plus India Pvt Ltd, Hidesign India Pvt Ltd, Rama Overseas Ltd, Tangerine Design Pvt Ltd, Condor Footwear Ltd, Lakhani Footwear Pvt Ltd, Superhouse Accessories Ltd, Tirubala International Pvt Ltd, Roger Industries Ltd, Farida Prime Tannery Pvt Ltd, Campus Activewear Ltd, Leayan Global Pvt Ltd, Aqualite Industries Pvt Ltd, Delta Shoes Pvt Ltd, Florence Shoe Company Pvt Ltd, Prara Leathers Pvt Ltd, K H Exports India Pvt Ltd, A-One Footwears Pvt Ltd, Bairathi Shoe Co Pvt Ltd, Columbus Premier Shoes Pvt Ltd, Bizcraft Solutions Pvt Ltd, Baggit India Pvt Ltd, Star Impact Pvt Ltd, Amin International Ltd, Zenith Apex Pvt Ltd, Hindusthan Lace Mfg. Corp. Pvt Ltd, B B K Exports Pvt Ltd, Deccan Leathers Pvt Ltd, Kangaroo Leather Pvt Ltd, Chowdhary Overseas Ltd, Nibras Shoes Pvt Ltd, Industrial Safety Products Pvt Ltd, L B I Export Pvt Ltd, K H Leather Inds. Pvt Ltd, Global Leathers Pvt Ltd, Trio Trend Exports Pvt Ltd, V K C Footwear Intl. Pvt Ltd, Walkaroo International Pvt Ltd, Jalandhar Leather India Pvt Ltd, Abhyankar Footwear Pvt Ltd, Venus Footarts Ltd, Faizan Shoes Pvt Ltd, Davinci Leather Pvt Ltd, Calsea Footwear Pvt Ltd, Paroma Shoes Pvt Ltd, Euro Safety Footwear (India) Pvt Ltd, Apache Footwear India Pvt Ltd, Kamero Technosys Ltd, Matrix Stampi Ltd, Lakhani Rubber Products Pvt Ltd, WAA Rubber Industries Pvt Ltd, Pelicans Automotive & Promotional Products Pvt Lt, Pioneer Leder Tex Pvt Ltd, Scintan India Pvt Ltd, A & F Overseas Trade Ltd, S C G Industries Pvt Ltd, Shoe Technik Intl. Corpn. Ltd, Torero Corporation Pvt Ltd, Janta Footwear Pvt Ltd, V B L Innovations Pvt Ltd, Winner Nippon Leatherette Pvt Ltd and Veekesy Elastomers Pvt Ltd were updated in Capitaline.