Best Footwear Stocks in India for July 2025: Metro Brands, Bata, Relaxo & More – Based on Net Profit Margin

India’s footwear market is stepping up in a big way. In 2025, the industry generated revenue of ~US$33.86 billion, with an expected compound annual growth rate (CAGR) of 7.73% between 2025 and 2030. In this article, find the best footwear stocks in India for July 2025, picked based on various parameters.

Best Footwear Stocks in India for July 2025 – Net Profit Margin Basis

Note: The list of the best footwear stocks in India are of June 30, 2025. The stocks are with the market cap of more than ₹400 crore and sorted based on the net profit margin. 

Overview of the Best Footwear Stocks in India for July 2025

1. Metro Brands Ltd 

Metro Brands is amongst the India’s leading specialty retailers in footwear and accessories and is considered an aspirational brand in the segment. For FY25, Metro Brands reported consolidated revenue of ₹2,507 crore, reflecting a year-on-year growth of 6.4%, with an EBITDA margin of 30.3%.

Key Metrics

• ROE: 23.79%
• ROCE: 20.87%

2. Sreeleathers Ltd 

Sreeleathers Ltd is involved in the business of trading footwear and accessories through both retail and wholesale channels. For the year ended March 31, 2025, the company reported a total income of ₹22,144.64 lakh and a net profit of ₹2,257.13 lakh. In comparison, for the year ended March 31, 2024, the total income stood at ₹21,824.30 lakh, with a net profit of ₹2,684.50 lakh.

Key Metrics

• ROE: 6.80%
• ROCE: 7.56%

3. Bata India Ltd 

Bata India is mainly engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network. For the year ended March 31, 2025, the company reported a total income of ₹35,643.65 million and a net profit of ₹3,306.56. In comparison, for the year ended March 31, 2024, the total income stood at ₹35,403.27 million, with a net profit of ₹2,625.11 million. 

Key Metrics

• ROE: 17.71%
• ROCE: 21.22%

4. Relaxo Footwears Ltd 

Relaxo Footwears Limited is India's largest footwear manufacturer, specialising in non-leather products such as rubber/EVA slippers, canvas shoes, sports shoes, sandals, school shoes, and other footwear types. In FY25, Relaxo Footwears reported a revenue of ₹2,790 crore, slightly lower than ₹2,914 crore recorded in FY24. The company posted a Profit After Tax of ₹170 crore for FY25, translating to a PAT margin of 6.1%.

Key Metrics

• ROE: 10.40%
• ROCE: 11.42%

5. Lehar Footwears Ltd

Lehar Footwears Ltd is a mass-footwear manufacturer and brand distribution company. In FY25, the company reported a revenue of ₹277.2 crore, up from ₹194.3 crore in FY24. The company’s PAT also rose to ₹10.9 crore in FY25 from ₹6.6 crore in the previous year.

Key Metrics

• ROE: 6.86%
• ROCE: 17.63%

Best Footwear Stocks in India for July 2025 – Return on Investment Basis

Note: The list of the best footwear stocks in India are of June 30, 2025. The stocks are with the market cap of more than ₹400 crore and sorted based on the return on investment.

Best Footwear Stocks in India for July 2025 – 5yr CAGR Basis

Note: The list of the best footwear stocks in India are of June 30, 2025. The stocks are with the market cap of more than ₹400 crore and sorted based on the 5yr CAGR.

Also Read: Best Sugar Stocks in India for July 2025!

Conclusion

While the footwear sector in India shows growth, stock performance can vary widely. Always research thoroughly before making investment decisions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.