What we do Sreeleathers Ltd trades leather and non-leather footwear and accessories through retail and wholesale in metro and Tier II Indian cities, focusing on quality and accessibility. |
Founded in 1,991 |
Market share Market leader in leather and non-leather footwear with extensive retail and dealer network across India. |
Problem solved Provides affordable quality leather footwear to middle-class consumers addressing previous retail market gaps. |
Top clients or who we serve Consumes mainly middle-class Indian consumers through exclusive stores and 28 dealers, B2C focused. |
Key management Satyabrata Dey (Managing Director), Shipra Dey (Whole-time Director), Rochita Dey (Whole-time Director). |
Our journey and innovations Started as a small footwear shop over 30 years ago, incorporated in 1991; expanded to multiple business units and dealer network. |
Where we operate Operations across metro cities and Tier II cities in India, mainly Kolkata and Jaipur. |
Top products or what we offer Leather and non-leather footwear, leather accessories offered via retail and wholesale channels. |
Top brands Sreeleathers flagship leather footwear with pan-India reach and loyal consumer base. |
Raw materials needed Leather and synthetic materials used in footwear and accessories manufacturing. |
Raw materials supplier Various Indian leather suppliers; specifics not disclosed. |
Recurring vs cyclical contribution Primarily recurring revenue from retail sales and dealer networks. |
Our industry position Retains leadership in leather footwear segment with 28 dealers and exclusive stores. |
Financial highlights FY 2024-25 Revenue: ₹219.93 crore, Net Profit: ₹22.57 crore, slight year-over-year revenue growth. |
Geographical revenue split - |
Order book - |
Whats driving growth Expanding retail presence and dealer network; increased consumer demand in Tier II cities. |
Our future plans No major change in business; focus on consolidating retail footprint and customer base. |
Our green promise - |
Our people and values 57 employees, focus on talent retention and skill development with strong corporate governance. |
Key challenges ahead Managing working capital efficiently amid competitive retail footwear market. |
Interesting facts Market price increased over 2000% since IPO in 1997-98; zero tolerance for unethical business practices. |
Risks and strategy Monitors operational risks via internal audits and management systems; no material risks reported. |
