The Indian leather industry is one of the most important leather-producing industries in the world. Most of the leather demand comes from the fashion, footwear, interiors, and furniture sectors. Indian Leather industry has experienced labour, advanced technology, and standards that meet world industrial standards.
India produces around 13% of the world’s leather demand, it has a significant contribution to the world’s total leather demand. We have curated a list of top leather companies in India, that is playing a very crucial role to fulfil this demand:
Bata India Ltd.
Bata India Ltd. was founded by Thomas Bata in 1931. It has its headquarters in Lausanne, Switzerland.
Bata is a well-known brand of leather in India and it is popular for its large variety of products such as footwear, clothing, and accessories. Bata markets its products in Asia, Africa, Europe, and Latin America along with India. Bata India Ltd has nine directors – Ravindra Dhariwal, Akshaykumar Narendrasinhji Chudasama, and others.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 157.95 % |
| Networth | 3.09 % |
| Debt/Equity Ratio | 0.00 |
| Return on Equity | 5.56 % |
Bhartiya International Ltd.
Bhartiya International Ltd. is based in Bangalore and Chennai and southern parts of India. The company was established in the year 1990.
The brand is among the best leather products manufacturers in India, it is popular among celebrities for fashion statements. The main products are leather jackets, belts, scarves, outerwear, textiles, and bags. Bhartiya International Limited has eight directors – Manoj Khattar, Snehdeep Aggarwal, and others.
| Operating Revenue | INR 100 cr – 500 cr |
| EBITDA | -44.71 % |
| Networth | 0.63 % |
| Debt/Equity Ratio | 1.28 |
| Return on Equity | 0.54 % |
Farida shoes Pvt Ltd
Farida group is one of the top ten leather manufacturing companies in India. Farida group is based in Chennai and the company was founded in 1976.
The company is a chief manufacturer of fine quality footwear for both men and women as well as finished leather. The company is indulged in variety of leather shoes for men and women. Farida Shoes Private Limited has three directors – Mecca Rafeeque Ahmed, Mecca Irshad Ahmed, and others.
| Operating Revenue | INR 100 cr – 500 cr |
| EBITDA | 81.68 % |
| Networth | 2.41 % |
| Debt/Equity Ratio | 1.25 |
| Return on Equity | 2.36 % |
Lakhani Industries Ltd.
The Lakhani group was incorporated in 1959, founded by K C Lakhani, who also owned Lakhani rubber which was a manufacturing company for automotive components.
The company is very popular in India for manufacturing & marketing of beach slippers, canvas and sports shoes. Lakhani Industries Limited has three directors – Nalini Sujan, Achintya Sujan, and others.
| Operating Revenue | Under INR 1 cr |
| EBITDA | 87.51 % |
| Networth | -0.98 % |
| Debt/Equity Ratio | 1.87 |
| Return on Equity | -0.99 % |
Liberty Shoes Ltd.
Dharam Pal Gupta, Purshotam Das Gupta, and Rajkumar Bansal founded Liberty shoes, the company was incorporated in 1986.
The company was earlier known by the name Pal Boot house. It is one of the top 10 leather manufacturing companies in India. Liberty Shoes Limited is involved in manufacturing of footwear. Liberty Shoes Limited has ten directors – Gautam Baid, Sanjay Bhatia, and others.
| Operating Revenue | INR 100 cr – 500 cr |
| EBITDA | -11.78 % |
| Networth | 1.41 % |
| Debt/Equity Ratio | 0.32 |
| Return on Equity | 1.19 % |
Mayur Uniquoters Ltd.
Mayur Uniquoters is one of the leading manufactures of artificial leather in India; using the ‘Release Paper Transfer Coating Technology’. The company is based in Jaipur, Rajasthan.
The company has made its position to the list of “Forbes Asia Top 200” under 1 billion-dollar companies. The main products are Footwear, Furnishing, Leather Goods, Garments. Mayur Uniquoters Limited has six directors – Suresh Kumar Poddar, Tanuja Agarwal, and others.
| Operating Revenue | Over INR 500 cr |
| EBITDA | -5.67 % |
| Networth | 11.60 % |
| Debt/Equity Ratio | 0.04 |
| Return on Equity | 11.89 % |
Metro Brands Ltd.
Metro Brands Ltd was founded by Malik Tejani, it is based in Maharashtra. It was incorporated in 1977. It is one of the fastest growing leather brands in India.
Metro is known for their expert labour work and good quality. The company has its outlets all over the India and in other countries. The company manufactures & markets formals, casuals, party, wedding, ethnic, and sports footwear. Metro Brands Limited has nine directors – Manojkumar Madangopal Maheshwari, Aruna Bhagwan Advani, and others.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 128.07 % |
| Networth | 53.84 % |
| Debt/Equity Ratio | 0.00 |
| Return on Equity | 16.77 % |
Mirza International Ltd.
Mirza International Ltd. was established in the year 1979 and is another leading leather manufacturing companies in India.
The company markets, manufactures and distributes footwear and related apparel. It exports high-quality leather to other countries as well. Mirza International Limited has 12 directors – Shahid Ahmad Mirza, Rashid Ahmed Mirza, and others.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 98.02 % |
| Networth | 18.48 % |
| Debt/Equity Ratio | 0.10 |
| Return on Equity | 14.63 % |
Relaxo Footwear Ltd.
Relaxo footwear was incorporated in 1984 with its headquarters in New Delhi. Relaxo is a joint venture of Mukund Lal Dua and Ramesh Kumar Dua.
Relaxo is one of the top 10 leather manufacturing companies in India and offers a wide range of footwear collections like slippers, sandals, ladies shoes, sport shoes, school shoes, flip flops. Relaxo Footwears Limited has ten directors – Pankaj Shrimali, Kuldip Singh Dhingra, and others.
| Operating Revenue | Over INR 500 cr |
| EBITDA | -16.09 % |
| Networth | 11.94 % |
| Debt/Equity Ratio | 0.01 |
| Return on Equity | 13.22 % |
