Lehar Footwears (BOM:532829) Current Ratio: 1.41 (As of Mar. 2026) — Near Median


BOM:532829 Lehar Footwears Ltd BOM:532829
83 GF Score
Price ₹250.40
GF Value ₹280.14
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Lehar Footwears Current Ratio?

Lehar Footwears BOM:532829 +1.42% 83 Current Ratio is 1.41 as of Mar. 2026, which is 8% above its 10-year median of 1.31. GuruFocus rates BOM:532829 with a GF Score™ of 83/100 and a GF Value™ of ₹280.14 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Lehar Footwears ranks worse than 64.26% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Lehar Footwears's current ratio for the quarter that ended in Mar. 2026 was 1.41.

Lehar Footwears has a current ratio of 1.41. It generally indicates good short-term financial strength.

The historical rank and industry rank for Lehar Footwears's Current Ratio or its related term are showing as below:

BOM:532829' s Current Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.31   Max: 1.41
Current: 1.41

During the past 13 years, Lehar Footwears's highest Current Ratio was 1.41. The lowest was 1.23. And the median was 1.31.

BOM:532829's Current Ratio is ranked worse than
64.26% of 1066 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.8 vs BOM:532829: 1.41

Lehar Footwears  (BOM:532829) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Lehar Footwears Current Ratio Related Terms


Lehar Footwears Current Ratio Historical Data

* Premium members only.

The historical data trend for Lehar Footwears's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lehar Footwears Current Ratio Chart

Lehar Footwears Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 1.30 1.40 1.31 1.41

Lehar Footwears Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.31 0.00 1.40 0.00 1.41

BOM:532829 vs NKE, DECK, ONON: Current Ratio Comparison

For the Footwear & Accessories subindustry, Lehar Footwears's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lehar Footwears Current Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lehar Footwears's Current Ratio distribution charts can be found below:

* The bar in red indicates where Lehar Footwears's Current Ratio falls into.


BOM:532829
83GF Score
Lehar Footwears Ltd BOM:532829
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lehar Footwears Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Lehar Footwears's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=1800.687/1275.326
=1.41

Lehar Footwears's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=1800.687/1275.326
=1.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.41 mean?
Lehar Footwears (BOM:532829) has a Current Ratio of 1.41 as of Mar. 2026. This is near median its historical median of 1.31. Over the past decade, Lehar Footwears' Current Ratio has ranged from 1.23 to 1.41. According to the industry distribution chart, Lehar Footwears ranks #685 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 64.3%.
Is Lehar Footwears' Current Ratio too high?
Lehar Footwears' current Current Ratio of 1.41 is near median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 1.41. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.80. Lehar Footwears' value of 1.41 is 21.7% below this industry median. Based on the distribution chart, Lehar Footwears ranks #685 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Lehar Footwears has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lehar Footwears' Current Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lehar Footwears ranks #685 out of 1066 companies for Current Ratio. This places Lehar Footwears in the lower half of its industry. The industry median Current Ratio is 1.80. Lehar Footwears' value of 1.41 is 21.7% below this benchmark. Historically, Lehar Footwears' own Current Ratio has ranged from 1.23 to 1.41 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.80, Lehar Footwears has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.80, based on 1,066 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lehar Footwears's current Current Ratio of 1.41 is 21.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lehar Footwears's current Current Ratio is 1.41, which is near median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lehar Footwears stock overvalued right now?
Based on GuruFocus' analysis, Lehar Footwears (BOM:532829) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹280.14, compared to a current price of ₹250.40 — trading 10.6% below its estimated fair value. The current Current Ratio is 1.41, which is near median its 10-year median of 1.31 and 21.7% below the Manufacturing - Apparel & Accessories industry median of 1.80. Lehar Footwears' overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Lehar Footwears (BOM:532829), the current Current Ratio is 1.41 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lehar Footwears (BOM:532829) Overvalued in 2026?

Based on GuruFocus' analysis, Lehar Footwears stock appears to be undervalued. The current stock price of ₹250.40 is trading 10.6% below its estimated GF Value™ of ₹280.14. GuruFocus considers Lehar Footwears to be Modestly Undervalued.

Key valuation signals for BOM:532829:

  • Current Ratio: 1.41 (near median its 10-year median of 1.31)
  • GF Value™: ₹280.14 vs. price of ₹250.40 (10.6% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 21.7% below the Manufacturing - Apparel & Accessories median (#685 of 1066)

No single metric tells the full story. See the BOM:532829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lehar Footwears Business Description

Address A-243 A, Road No. 6, V. K. I. Area, Jaipur, RJ, IND, 302013
Lehar Footwears Ltd is an India-based footwear manufacturing company. It manufactures a variety of footwear like lightweight fancy slippers, Polyvinyl Chloride (PVC) and Thermoplastic rubbers (TPR) footwear, synthetic leather chappals in addition to Hawai Chappals and canvas shoes. It manufactures and sells its products under the name LEHAR in the domestic market. The company operates in one single segment which is the Manufacturing of Footwear.
83GF Score

Get the complete analysis for BOM:532829

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹250.40
Price
₹280.14
GF Value