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Leather Stocks

The Indian leather industry, a top foreign exchange earner, boasts abundant raw material availability and employs 4.42 million people. With sectors like tanning, leather garments, accessories, and footwear, India contributes 13% to global leather production. By 2030, the industry anticipates a turnover of $47.1 billion. Key considerations for investment include global market trends, raw material stability, environmental practices, market demand, and regulatory compliance. Top leather stocks like Metro Brands Ltd and Bata India Ltd offer investment opportunities driven by factors like urbanisation and fashion preferences. Read More
Company
LTP
Volume
Market Cap
52W Low
52W High

LTP

₹ 25.91

1.23 (4.98%)

Volume

43,089

Market Cap

₹212 Cr

52W Low

₹10.60

52W High

₹32.50

LTP

₹ 2.43

0.06 (2.53%)

Volume

1,43,537

Market Cap

₹26 Cr

52W Low

₹1.93

52W High

₹3.09

LTP

₹ 6.7

0.00 (0.00%)

Volume

0

Market Cap

₹1 Cr

52W Low

₹0.00

52W High

₹6.70

LTP

₹ 1,464.2

-10.25 (-0.70%)

Volume

3,48,740

Market Cap

₹18,944 Cr

52W Low

₹1,269.00

52W High

₹1,771.45

LTP

₹ 416.4

-2.90 (-0.69%)

Volume

2,298

Market Cap

₹516 Cr

52W Low

₹185.00

52W High

₹485.00

LTP

₹ 286.05

-1.10 (-0.38%)

Volume

6,19,527

Market Cap

₹8,772 Cr

52W Low

₹213.00

52W High

₹338.90

LTP

₹ 21.5

0.50 (2.38%)

Volume

292

Market Cap

₹9 Cr

52W Low

₹15.89

52W High

₹28.38

LTP

₹ 330.65

-9.15 (-2.69%)

Volume

20,989

Market Cap

₹611 Cr

52W Low

₹213.90

52W High

₹424.85

LTP

₹ 34.8

-0.25 (-0.71%)

Volume

2,652

Market Cap

₹47 Cr

52W Low

₹0.00

52W High

₹36.00

LTP

₹ 138.75

8.55 (6.57%)

Volume

53,057

Market Cap

₹230 Cr

52W Low

₹117.05

52W High

₹179.00

LTP

₹ 382.3

2.85 (0.75%)

Volume

75,283

Market Cap

₹646 Cr

52W Low

₹218.90

52W High

₹413.30

LTP

₹ 6.73

0.32 (4.99%)

Volume

1,626

Market Cap

₹3 Cr

52W Low

₹4.75

52W High

₹7.45

LTP

₹ 608.85

21.00 (3.57%)

Volume

5,06,468

Market Cap

₹2,584 Cr

52W Low

₹455.00

52W High

₹633.00

LTP

₹ 1,126

-7.35 (-0.65%)

Volume

32,295

Market Cap

₹30,858 Cr

52W Low

₹929.00

52W High

₹1,441.20

LTP

₹ 0.3

0.00 (0.00%)

Volume

100

Market Cap

₹2 Cr

52W Low

₹0.00

52W High

₹0.30

LTP

₹ 44.66

0.98 (2.24%)

Volume

3,05,316

Market Cap

₹604 Cr

52W Low

₹39.55

52W High

₹63.60

LTP

₹ 7.24

0.14 (1.97%)

Volume

25,500

Market Cap

₹10 Cr

52W Low

₹2.55

52W High

₹18.25

LTP

₹ 9.9

0.47 (4.98%)

Volume

672

Market Cap

₹3 Cr

52W Low

₹7.27

52W High

₹13.70

LTP

₹ 829.6

-2.25 (-0.27%)

Volume

56,684

Market Cap

₹20,712 Cr

52W Low

₹758.25

52W High

₹974.00

LTP

₹ 1.29

-0.06 (-4.44%)

Volume

28,815

Market Cap

₹3 Cr

52W Low

₹1.16

52W High

₹2.43

LTP

₹ 39.6

-1.16 (-2.85%)

Volume

2,172

Market Cap

₹13 Cr

52W Low

₹20.56

52W High

₹47.21

LTP

₹ 9.67

0.11 (1.15%)

Volume

82,364

Market Cap

₹103 Cr

52W Low

₹6.80

52W High

₹12.80

LTP

₹ 216

1.17 (0.54%)

Volume

9,809

Market Cap

₹236 Cr

52W Low

₹190.00

52W High

₹275.00

LTP

₹ 307.38

27.94 (10.00%)

Volume

71,593

Market Cap

₹150 Cr

52W Low

₹96.05

52W High

₹307.38

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About the Leather Sector

The Indian leather industry has a considerable impact on the economy. It is one of the top ten foreign exchange earners in the country. In India, the cattle and buffalo population is about 20%, and the goat and sheep population is around 11% of the world’s total. This makes India stand at a dominating position regarding raw material availability.

In India, there are four main leather sectors: Tanning, Leather Garments, Leather garments and Accessories and Footwear. The country contributes about 13% of the total leather production in the world. India is the second-largest producer and consumer of leather footwear. Primary footwear and leather products-making states in India are West Bengal, Tamil Nadu, Maharashtra, Uttar Pradesh, Karnataka, Punjab, Haryana, Madhya Pradesh, Kerala, Jammu & Kashmir and Rajasthan. The leather industry in India offers huge employment opportunities where it employs about 4.42 million people, with ~30% of the employees being women.

Summary

The Indian leather industry, a top foreign exchange earner, boasts abundant raw material availability and employs 4.42 million people. With sectors like tanning, leather garments, accessories, and footwear, India contributes 13% to global leather production. By 2030, the industry anticipates a turnover of $47.1 billion. Key considerations for investment include global market trends, raw material stability, environmental practices, market demand, and regulatory compliance. Top leather stocks like Metro Brands Ltd and Bata India Ltd offer investment opportunities, driven by factors like urbanisation and fashion preferences. AKI India stands out with a 5-year return of 77.53% as of January 31, 2024.

Future Outlook of the Leather Sector in India

The leather industry in India has immense potential for growth in the future. By 2030, the footwear and leather industry in India is expected to touch an overall turnover of $47.1 billion.

Things To Consider Before Investing in the Leather Sector

  • Global market trends: Monitor global trends in the leather industry, considering factors like fashion preferences, sustainability, and consumer demand.
  • Raw material availability: Understand the stability and sustainability of the raw material supply chain, particularly the sourcing of leather hides.
  • Environmental and ethical practices: Evaluate companies’ commitment to sustainable and ethical practices in leather production, as environmental concerns and ethical considerations impact consumer choices.
  • Market demand: Understand market demand for leather products and be aware of evolving consumer preferences, which factors like fashion trends and sustainability concerns may influence.
  • Regulatory compliance: Ensure that companies comply with local and international regulations regarding environmental standards, labour practices, and product quality.

How To Invest in Leather Sector Stocks?

Investing in leather stocks via Angel One is easy. Simply follow these steps:

  • Log in to your Angel One account.
  • Click on the search icon and look for your desired leather sector stock.
  • Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type.
  • To complete your transaction, click on the ‘Buy’ button.

If you don’t have a Demat account with Angel One, you can open one for free online within minutes.

FAQs

What are leather sector stocks?

Leather sector stocks are stocks of companies that are involved in the production of leather and related products.

What are the top stocks from the leather sector in terms of market cap?

Based on the market cap, Metro Brands Ltd, Relaxo Footwears Ltd, Bata India Ltd, and Campus Activewear Ltd are the top leather stocks in India. The data is as of January 31, 2024.

How do you evaluate leather sector stocks?

While analysing the leather stocks, you must check a company’s products and their demand, competition, brand visibility in the country or foreign markets and financial health.

Why should you invest in leather stocks?

The increase in urbanisation, income of individuals, and fashion preferences are the factors expected to drive the demand for leather products in the country. This can create opportunities for companies and investors. However, consider your investment objectives and risk appetite before investing.

Which are the best leather stocks to invest in?

AKI India is the best leather stock in India. As of January 31, 2024, the company’s 5-year returns are 77.53%.

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