What we do Khadim India Ltd is a leading Indian footwear manufacturer and retailer, operating exclusive retail stores and distribution networks catering to diverse consumer segments across India. |
Founded in 1,981 |
Market share Second largest footwear retailer in India, leading presence in East India and top-three in South India with extensive retail network. |
Problem solved Provides affordable, fashionable, and functional footwear and accessories for different income groups via retail and distribution channels. |
Top clients or who we serve Middle and upper middle income consumers primarily in metros and Tier I-III cities; serves B2C retail customers. |
Key management Siddhartha Roy Burman (Executive Chairman) with over 34 years experience, Rittick Roy Burman (Managing Director), among others with strong industry expertise. |
Our journey and innovations From 1981 inception, expanded retail operations since 1993, started manufacturing in 2002, launched e-commerce in 2014, and forayed into transit retail by 2023. |
Where we operate Pan-India presence with stores across 28 states and 4 union territories; subsidiary in Bangladesh. |
Top products or what we offer Exclusive branded footwear including leather and non-leather sandals, boots, stilettos, sports shoes, and accessories across various price segments. |
Top brands Khadim's brand, iconic in East India, with sub-brands targeting mid and premium segments; largest footwear retail franchise network. |
Raw materials needed Leather, synthetic materials, textiles for footwear and accessories manufacturing. |
Raw materials supplier Not specified; products are largely outsourced from third-party manufacturers. |
Recurring vs cyclical contribution Retail business contributes recurring revenues; distribution business was demerged in 2025. |
Our industry position Second largest Indian footwear retailer with strong retail franchise network and design capabilities for premium and affordable segments. |
Financial highlights FY 2024-25 revenue approx. Rs 418 crore; profit after tax Rs 5 crore; recent quarters show margins under pressure. |
Geographical revenue split Majority revenue from within India (99.9%); marginal export revenue. |
Order book - |
Whats driving growth Retail expansion, e-commerce growth, premiumisation, transit retail forays, and strong design capabilities. |
Our future plans Demerger of distribution and manufacturing into KSR Footwear Ltd; expansion in retail footprint and premium segments. |
Our green promise Engages in sustainable practices aligned with corporate social responsibility focused on environment and community. |
Our people and values Strong leadership with experienced executives; fosters employee welfare, diversity and compliance with ethical standards. |
Key challenges ahead Market competition, margin pressure, adapting to changing consumer preferences post-demerger. |
Interesting facts First Indian footwear company to establish presence in major transit hubs like airports and railway stations. |
Risks and strategy Risks include market volatility and competition; strategy focuses on asset-light retail model, franchise expansion, and product innovation. |
