Liberty Shoes Limited (LSL) is a prominent Indian shoe company headquartered in Karnal, Haryana. Established in 1954 as "Pal Boot House" by Dharam Pal Gupta, Purshotam Das Gupta, and Rajkumar Bansal, the company began with a modest production capacity of just four pairs of shoes per day. Over its 60+ year journey, Liberty Shoes has built a robust foundation, transforming from a small-scale manufacturer into one of India's most respected and internationally recognized footwear brands. It has consistently demonstrated growth and adaptability to evolving market demands, achieving a unique standing in the global footwear market.
Liberty Shoes Limited has shown resilience and growth in its financial performance. For the full year ended March 2025, the company reported a net profit of ₹13.56 crore, marking a 21.51% increase from ₹11.16 crore in the previous year. Sales for the same period rose by 6.06% to ₹675.48 crore, up from ₹636.86 crore in the prior year. In the quarter ended March 2025, net profit increased by 12.65% to ₹5.61 crore compared to ₹4.98 crore in the corresponding quarter of the previous year. Sales for the quarter also saw a healthy increase of 10.62%, reaching ₹187.66 crore from ₹169.64 crore. The company's market capitalization stood at ₹665 crore as of June 2025.
• FY 2024-25 Performance: Revenue of ₹675.48 crore (up 6.06% YoY), Net Profit of ₹13.56 crore (up 21.51% YoY)
• Q4 FY 2024-25 Performance: Revenue of ₹187.66 crore (up 10.62% YoY), Net Profit of ₹5.61 crore (up 12.65% YoY)
• Market Capitalization: ₹665 crore (as of June 2025)
• Promoter Holding: 58.3%
Liberty Shoes Ltd. is engaged in the manufacturing and trading of a wide range of footwear, accessories, and lifestyle products for both domestic and international markets. The company produces approximately 60,000 pairs of footwear daily across its six manufacturing facilities. These units are strategically located, with primary and largest facilities in Gharaunda and Liberty Puram (Haryana), two units in Paonta Sahib (Himachal Pradesh), and one unit in Roorkee (Uttarakhand). This extensive manufacturing base allows for significant production scale and operational efficiency, supporting its diverse product offerings.
The company offers a comprehensive product portfolio catering to various customer segments, including school shoes, sports shoes, children's footwear, heels, flats, boots, fashion footwear, slip-ons, ballerinas, slippers, sandals, and formal and casual shoes. These products are marketed under several well-known brands such as AHA, Coolers, Force 10, Fortune, Gliders, Healers, Leap7X, Prefect, Lucy & Luke, and Senorita. In addition to footwear, Liberty also provides complementary products like shoe care items, backpacks, belts, wallets, travel bags, and handbags for women.
The company employs a multi-channel distribution strategy, utilizing distributors, exclusive showrooms, retail outlets, e-commerce platforms, and wholesale networks. Liberty Shoes has a significant international presence, with products available in 25 countries and over 50 showrooms located outside India, demonstrating its commitment to global market reach.
Liberty Shoes is focused on sustained growth through strategic initiatives, including product innovation and retail expansion. The company aims to blend global fashion trends with high-quality "Made-in-India" manufacturing to appeal to both local and international consumers. To enhance its market reach, Liberty recently expanded its national presence by opening 40 new showrooms across India, with a specific focus on strengthening its footprint in the South Indian market. The company also continues to modernize its operations and leverage digital platforms to connect with a broader audience.
Liberty Shoes' journey from a small manufacturer to a respected global brand underscores its adaptability and commitment to quality. With a diverse product portfolio, robust manufacturing capabilities, and strategic expansion plans, the company is well-positioned to navigate the competitive Indian footwear industry and capitalize on future market opportunities.
