India’s footwear market is stepping into a strong growth phase, with revenues reaching an impressive US$33.86 billion in 2025. Driven by a rising middle-class population, increasing disposable incomes, and the rapid expansion of e-commerce platforms, the sector is expected to grow at a healthy CAGR of 7.73% between 2025 and 2030. In this article, find the best footwear stocks in India for June 2025, picked based on various parameters.
Name | Market Cap (₹ in crore) | Net Profit Margin (%) |
Metro Brands Ltd | 32,940.85 | 13.47 |
Sreeleathers Ltd | 566.65 | 10.20 |
Bata India Ltd | 16,208.61 | 8.97 |
Relaxo Footwears Ltd | 11,040.43 | 6.05 |
Lehar Footwears Ltd | 469.46 | 3.92 |
Liberty Shoes Ltd | 721.98 | 2.01 |
Khadim India Ltd | 536.19 | 1.18 |
Note: The list of the best footwear stocks in India is as of June 3, 2025. The stocks are with a market cap of more than ₹400 crore and are sorted based on the net profit margin.
Metro Brands is one of India’s leading speciality retailers in footwear and accessories and is considered an aspirational brand in the segment. For FY25, Metro Brands Limited 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
Sreeleathers Ltd is engaged 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
Bata India is mainly involved 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
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
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
Name | Market Cap (₹ in crore) | Return on Investment (%) |
Metro Brands Ltd | 32,940.85 | 16.43 |
Bata India Ltd | 16,208.61 | 13.47 |
Relaxo Footwears Ltd | 11,040.43 | 10.04 |
Lehar Footwears Ltd | 469.46 | 7.34 |
Khadim India Ltd | 536.19 | 7.20 |
Note: The list of the best footwear stocks in India is as of June 3, 2025. The stocks are with a market cap of more than ₹400 crore and are sorted based on the return on investment.
Name | Market Cap (₹ in crore) | 5Y CAGR (%) |
Lehar Footwears Ltd | 469.46 | 72.77 |
Liberty Shoes Ltd | 721.98 | 30.49 |
Khadim India Ltd | 536.19 | 25.61 |
Sreeleathers Ltd | 566.65 | 11.99 |
Note: The list of the best footwear stocks in India is as of June 3, 2025. The stocks are with a market cap of more than ₹400 crore and are sorted based on the 5yr CAGR.
Also Read: Best Tobacco Stocks in June 2025!
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.
Published on: Jun 3, 2025, 2:32 PM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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