Liberty Shoes
BSE:526596
526596
BSE
₹2B
Market Cap
- Home ›
- IN ›
- Consumer Durables
Company description
Liberty Shoes Limited manufactures and sells footwear and fashion accessories in India and internationally. The last earnings update was 113 days ago. More info.
Add to Portfolio Compare Print
- Liberty Shoes has significant price volatility in the past 3 months.
526596 Share Price and Events
7 Day Returns
-1.9%
BSE:526596
-1.3%
IN Luxury
-3.1%
IN Market
1 Year Returns
-36.6%
BSE:526596
-8.5%
IN Luxury
-9.2%
IN Market
526596 Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Liberty Shoes (526596) | -1.9% | -15.7% | -14.7% | -36.6% | 0.2% | 12.6% |
| IN Luxury | -1.3% | -0.8% | -1.2% | -8.5% | 51.9% | 196.8% |
| IN Market | -3.1% | -3.8% | -2.9% | -9.2% | 43.1% | 83.1% |
1 Year Return vs Industry and Market
- 526596 underperformed the Luxury industry which returned -8.5% over the past year.
- 526596 underperformed the Market in India which returned -9.2% over the past year.
Value
Is Liberty Shoes undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Liberty Shoes
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data
Below are the data sources, inputs and calculation used to determine the intrinsic value for Liberty Shoes.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 1 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 13.5% |
| Perpetual Growth Rate | 10-Year IN Government Bond Rate | 7.6% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year IN Govt Bond Rate | 7.6% |
| Equity Risk Premium | S&P Global | 7.5% |
| Luxury Unlevered Beta | Simply Wall St/ S&P Global | 0.58 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.575 (1 + (1- 35%) (54.52%)) |
0.779 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.8 * 7.45%) |
13.51% |
Discounted Cash Flow Calculation for BSE:526596 using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Liberty Shoes is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Levered FCF (INR, Millions) | 189.28 | 197.17 | 205.39 | 213.96 | 222.88 |
| Source | Est @ 4.17% | Est @ 4.17% | Est @ 4.17% | Est @ 4.17% | Est @ 4.17% |
|
Present Value Discounted (@ 13.51%) |
166.75 | 153.03 | 140.44 | 128.88 | 118.28 |
| Present value of next 5 years cash flows | ₹707.38 |
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= ₹222.88 × (1 + 7.55%) ÷ (13.51% – 7.55%) |
₹4,021.93 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= ₹4,021.93 ÷ (1 + 13.51%)5 |
₹2,134.34 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= ₹707.38 + ₹2,134.34 |
₹2,841.72 |
| Equity Value per Share (INR) |
= Total value / Shares Outstanding
= ₹2,841.72 / 17.04 |
₹166.77 |
| Calculation | Result | |
|---|---|---|
| Value per share (INR) | From above. | ₹166.77 |
| Current discount | Discount to share price of
₹141.85
= -1 x (₹141.85 - ₹166.77) / ₹166.77 |
14.9% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Amount off the current price
Liberty Shoes
is available for.
15%
Share price is
₹141.85
vs Future cash flow value of
₹166.77
Current Discount Checks
For
Liberty Shoes
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
- Liberty Shoes's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- Liberty Shoes's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Liberty Shoes's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Liberty Shoes's earnings available for a low price, and how does
this compare to other companies in the same industry?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-09-30) in INR | ₹5.09 |
| BSE:526596 Share Price ** | BSE (2019-02-15) in INR | ₹141.85 |
| India Luxury Industry PE Ratio | Median Figure of 237 Publicly-Listed Luxury Companies | 11.67x |
| India Market PE Ratio | Median Figure of 2,734 Publicly-Listed Companies | 15.39x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Liberty Shoes.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = BSE:526596 Share Price ÷ EPS (both in INR) = 141.85 ÷ 5.09 |
27.88x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Liberty Shoes is overvalued based on earnings compared to the IN Luxury industry average.
- Liberty Shoes is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does
Liberty Shoes's expected growth come at a high price?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 27.88x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
25.1%per year |
| India Luxury Industry PEG Ratio | Median Figure of 28 Publicly-Listed Luxury Companies | 1.11x |
| India Market PEG Ratio | Median Figure of 608 Publicly-Listed Companies | 1.1x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 27.88x ÷ 25.1% |
1.11x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Liberty Shoes is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Liberty Shoes's
assets?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-09-30) in INR | ₹101.04 |
| BSE:526596 Share Price * | BSE (2019-02-15) in INR | ₹141.85 |
| India Luxury Industry PB Ratio | Median Figure of 307 Publicly-Listed Luxury Companies | 0.71x |
| India Market PB Ratio | Median Figure of 3,588 Publicly-Listed Companies | 1.06x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = BSE:526596 Share Price ÷ Book Value per Share (both in INR) = 141.85 ÷ 101.04 |
1.4x |
* Primary Listing of Liberty Shoes.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Liberty Shoes is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Liberty Shoes's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check) Liberty Shoes has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is Liberty Shoes expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
25.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
Liberty Shoes
expected to grow at an
attractive
rate?
- Liberty Shoes's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
- Liberty Shoes's earnings growth is expected to exceed the India market average.
- Liberty Shoes's revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
Raw Data
| Data Point | Source | Value (per year) |
|---|---|---|
| BSE:526596 Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts | 25.1% |
| BSE:526596 Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | 6.6% |
| India Luxury Industry Earnings Growth Rate | Market Cap Weighted Average | 18.3% |
| India Luxury Industry Revenue Growth Rate | Market Cap Weighted Average | 15% |
| India Market Earnings Growth Rate | Market Cap Weighted Average | 18.4% |
| India Market Revenue Growth Rate | Market Cap Weighted Average | 11.7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
Raw Data
All numbers in INR Millions and using
Trailing twelve months (TTM)
annual period rather than quarterly.
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-03-31 | 6,636 | 124 | 1 | |
| 2019-03-31 | 5,978 | 94 | 1 |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-09-30 | 6,086 | 87 | |
| 2018-06-30 | 5,675 | 78 | |
| 2018-03-31 | 5,433 | 322 | 66 |
| 2017-03-31 | 4,959 | 208 | 64 |
| 2016-03-31 | 4,525 | 387 | 101 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
All data from Liberty Shoes Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-03-31 | 7.27 | 7.27 | 7.27 | 1.00 |
| 2019-03-31 | 5.53 | 5.53 | 5.53 | 1.00 |
| Date (Data in INR Millions) | EPS * |
|---|---|
| 2018-09-30 | 5.09 |
| 2018-06-30 | 4.58 |
| 2018-03-31 | 3.87 |
| 2017-03-31 | 3.75 |
| 2016-03-31 | 5.90 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Liberty Shoes will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Liberty Shoes has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Future performance checks
We assess Liberty Shoes's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Liberty Shoes has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Liberty Shoes performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Below we compare
Liberty Shoes's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it
has maintained that growth in the year.
- Liberty Shoes's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- Liberty Shoes's 1-year earnings growth exceeds its 5-year average (33.3% vs -17.8%)
- Liberty Shoes's earnings growth has exceeded the IN Luxury industry average in the past year (33.3% vs 13.8%).
Earnings and Revenue History
Liberty Shoes's
revenue
and
profit
over the past 5 years is shown below, any years where they have experienced a
loss will show up in red.
Raw Data
All data from Liberty Shoes Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-09-30 | 6,085.57 | 86.60 | 1,149.65 | |
| 2018-06-30 | 5,675.35 | 77.88 | 1,129.97 | |
| 2018-03-31 | 5,432.86 | 66.01 | 1,106.39 | |
| 2017-03-31 | 4,959.08 | 63.90 | 1,067.09 | |
| 2016-03-31 | 4,524.81 | 100.55 | 958.67 | |
| 2015-03-31 | 5,238.90 | 169.23 | 978.23 | |
| 2014-03-31 | 4,834.89 | 132.69 | 1,369.09 | |
| 2013-03-31 | 3,602.64 | 53.88 | 1,138.78 | |
| 2012-03-31 | 3,563.93 | 43.84 | 1,110.12 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Liberty Shoes has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Liberty Shoes used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
- Liberty Shoes's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Liberty Shoes has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Past performance checks
We assess Liberty Shoes's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Liberty Shoes has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Liberty Shoes's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Liberty Shoes's finances.
The net worth of a company is the difference between its assets and liabilities.
- Liberty Shoes is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Liberty Shoes's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of
Liberty Shoes's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 2.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data
All data from Liberty Shoes Company Filings, last reported 4 months ago.
| Date (Data in INR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-09-30 | 1,725.79 | 1,360.56 | 75.89 |
| 2018-06-30 | 1,682.99 | 1,161.30 | 87.56 |
| 2018-03-31 | 1,682.99 | 1,161.30 | 87.56 |
| 2017-03-31 | 1,622.19 | 1,426.35 | 78.47 |
| 2016-03-31 | 1,559.04 | 1,348.97 | 75.30 |
| 2015-03-31 | 1,456.20 | 1,388.49 | 63.39 |
| 2014-03-31 | 1,382.30 | 1,166.56 | 71.49 |
| 2013-03-31 | 1,367.39 | 1,191.83 | 146.71 |
| 2012-03-31 | 1,317.81 | 1,047.28 | 100.55 |
- Liberty Shoes's level of debt (78.8%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (85.8% vs 78.8% today).
- Debt is well covered by operating cash flow (23.7%, greater than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 2.4x annual interest expense, ideally 3x coverage).
X
Full details on the Health part of the Simply Wall St company analysis model.
Financial health checks
We assess Liberty Shoes's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Liberty Shoes has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Liberty Shoes's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
0%
Current annual income from
Liberty Shoes
dividends.
If you bought
₹2,000 of
Liberty Shoes
shares you are expected to receive
₹0
in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you
can get in a
savings account?
It is up there with the
best dividend paying companies?
- Unable to evaluate Liberty Shoes's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Liberty Shoes's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| India Luxury Industry Average Dividend Yield | Market Cap Weighted Average of 109 Stocks | 0.6% |
| India Market Average Dividend Yield | Market Cap Weighted Average of 1397 Stocks | 1.4% |
| India Minimum Threshold Dividend Yield | 10th Percentile | 0.3% |
| India Bottom 25% Dividend Yield | 25th Percentile | 0.6% |
| India Top 25% Dividend Yield | 75th Percentile | 2.1% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in ₹) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-03-31 | ||
| 2019-03-31 |
| Date (Data in ₹) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2017-05-25 | 0.000 | 0.000 |
| 2016-05-30 | 0.000 | 0.000 |
| 2015-09-07 | 1.500 | 0.842 |
| 2015-05-29 | 1.500 | 0.645 |
| 2014-09-11 | 1.500 | 0.567 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Liberty Shoes has not reported any payouts.
- Unable to verify if Liberty Shoes's dividend has been increasing as the company has not reported any payouts.
X
Full details on the Dividends part of the Simply Wall St company analysis model.
Income/ dividend checks
We assess Liberty Shoes's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Liberty Shoes afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Liberty Shoes has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
CEO
Adesh
Gupta
| COMPENSATION | ₹4,800,000 |
| AGE | 58 |
| TENURE AS CEO | 15.1 years |
CEO Bio
Mr. Adesh Kumar Gupta, B.E(Mechanical Eng.) serves as the Chairman of Liberty Shoes Ltd. Mr. Gupta has been the Chief Executive Officer of Liberty Shoes Ltd since January 8, 2004. He served as the Chairman of Northern Region of appointments and their promotions etc., from 2006 to 2007. He has been an Executive Director of Liberty Shoes Ltd., since September 28, 1990. Mr. Gupta holds a BE in Mechanical Engineering.
CEO Compensation
- Adesh's compensation has been consistent with company performance over the past year.
- Adesh's remuneration is higher than average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the Liberty Shoes management team in years:
11.5
Average Tenure
54
Average Age
- The average tenure for the Liberty Shoes management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Adesh Gupta
TITLE
Chairman & CEO
COMPENSATION
₹5M
AGE
58
TENURE
15.1 yrs
Munish Kakra
TITLE
CFO, Company Secretary & Compliance Officer
COMPENSATION
₹4M
AGE
54
Shammi Bansal
TITLE
Executive Director
COMPENSATION
₹5M
AGE
57
Adeesh Gupta
TITLE
Executive Director
COMPENSATION
₹5M
AGE
54
Ashok Kumar
TITLE
Executive Director
COMPENSATION
₹1M
AGE
49
Satish Saini
TITLE
CFO of Retail
AGE
49
TENURE
11.5 yrs
Ramesh Sadhu
TITLE
CEO of Retail
AGE
63
Sunil Bansal
TITLE
Director Exports & Executive Director
AGE
57
Ram Prakash
TITLE
Head of Information Technology
AGE
43
TENURE
9.7 yrs
Manan Bansal
TITLE
Director of Marketing
Board of Directors Tenure
Average tenure and age of the Liberty Shoes board of directors in years:
7.5
Average Tenure
57.5
Average Age
- The tenure for the Liberty Shoes board of directors is about average.
Board of Directors
Adesh Gupta
TITLE
Chairman & CEO
COMPENSATION
₹5M
AGE
58
Shammi Bansal
TITLE
Executive Director
COMPENSATION
₹5M
AGE
57
TENURE
28.4 yrs
Adeesh Gupta
TITLE
Executive Director
COMPENSATION
₹5M
AGE
54
TENURE
7.5 yrs
Ashok Kumar
TITLE
Executive Director
COMPENSATION
₹1M
AGE
49
TENURE
4.1 yrs
Sunil Bansal
TITLE
Director Exports & Executive Director
AGE
57
TENURE
10.1 yrs
Raghu Dayal
TITLE
Independent Non-Executive Director
COMPENSATION
₹100K
AGE
84
TENURE
13.2 yrs
Ramesh Palhan
TITLE
Independent Non-Executive Director
COMPENSATION
₹100K
AGE
74
TENURE
6.9 yrs
Amitabh Suraj Taneja
TITLE
Independent Non-Executive Director
AGE
51
TENURE
13.2 yrs
Pushpinder Grewal
TITLE
Independent Non-Executive Director
COMPENSATION
₹30K
AGE
72
TENURE
6.5 yrs
Lovelena Mody
TITLE
Independent Non-Executive Director
COMPENSATION
₹10K
AGE
65
TENURE
4.1 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (₹) | Value (₹) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 01. Dec 18 | Sell | Pranav Gupta | Individual | 29. Aug 18 | 30. Aug 18 | -41,069 | ₹207.14 | ₹-8,494,012 | ||
| 11. Sep 18 | Sell | Arpan Gupta | Individual | 10. Sep 18 | 10. Sep 18 | -5,000 | ₹198.60 | ₹-993,000 | ||
| 07. Sep 18 | Sell | Arpan Gupta | Individual | 05. Sep 18 | 06. Sep 18 | -7,133 | ₹200.24 | ₹-1,423,266 | ||
| 27. Aug 18 | Sell | Arpan Gupta | Individual | 23. Aug 18 | 24. Aug 18 | -84,127 | ₹221.31 | ₹-18,378,719 | ||
| 23. Aug 18 | Sell | Arpan Gupta | Individual | 21. Aug 18 | 21. Aug 18 | -6,000 | ₹210.17 | ₹-1,261,023 | ||
| 21. Aug 18 | Sell | Arpan Gupta | Individual | 14. Aug 18 | 20. Aug 18 | -62,119 | ₹205.59 | ₹-12,662,100 | ||
| 16. Aug 18 | Sell | Arpan Gupta | Individual | 13. Aug 18 | 13. Aug 18 | -7,533 | ₹201.44 | ₹-1,517,463 | ||
| 01. May 18 | Sell | Arpan Gupta | Individual | 27. Apr 18 | 30. Apr 18 | -2,900 | ₹231.93 | ₹-671,839 | ||
| 11. Jul 18 | Sell | Arpan Gupta | Individual | 10. Jul 18 | 10. Jul 18 | -1,300 | ₹188.08 | ₹-244,500 | ||
| 09. Jul 18 | Sell | Arpan Gupta | Individual | 05. Jul 18 | 05. Jul 18 | -2,143 | ₹174.30 | ₹-373,527 | ||
| 10. Jul 18 | Sell | Arpan Gupta | Individual | 06. Jul 18 | 09. Jul 18 | -4,200 | ₹176.35 | ₹-740,046 | ||
| 11. Jul 18 | Buy | Anmol Gupta | Individual | 05. Jun 18 | 06. Jun 18 | 4,993 | ₹165.28 | ₹805,872 | ||
| 22. Jun 18 | Sell | Arpan Gupta | Individual | 19. Jun 18 | 19. Jun 18 | -6,500 | ₹217.54 | ₹-1,414,018 | ||
| 19. Jun 18 | Sell | Arpan Gupta | Individual | 13. Jun 18 | 13. Jun 18 | -1,500 | ₹172.00 | ₹-258,000 | ||
| 14. May 18 | Sell | Arpan Gupta | Individual | 08. May 18 | 10. May 18 | -4,002 | ₹227.09 | ₹-884,174 | ||
| 08. May 18 | Sell | Arpan Gupta | Individual | 03. May 18 | 04. May 18 | -3,000 | ₹230.00 | ₹-671,811 | ||
| 09. Apr 18 | Sell | Arpan Gupta | Individual | 06. Apr 18 | 06. Apr 18 | -1,500 | ₹230.67 | ₹-346,000 | ||
X
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
Management checks
We assess Liberty Shoes's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Liberty Shoes has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
Company Info
Map
Description
Liberty Shoes Limited manufactures and sells footwear and fashion accessories in India and internationally. It offers footwear products, such as casual, formal, sports, fashion, women, and men shoes under the Healers, Fortune, Force 10, Senorita, Lucky Luke, Gliders, AHA, Rebounce, Coolers, Tiptopp, Prefect, Footflin, and Zeppelin brand names. It operates through distributors and 400 exclusive showrooms, as well as online. Liberty Shoes Limited was founded in 1954 and is headquartered in Karnal, India.
Details
| Name: | Liberty Shoes Limited |
| 526596 | |
| Exchange: | BSE |
| Founded: | 1954 |
| ₹2,495,508,000 | |
| 17,040,000 | |
| Website: | http://www.libertyshoes.com |
| Address: |
Liberty Shoes Limited Liberty House, Liberty Road, Karnal, Haryana, 132001, India |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| BSE | 526596 | Equity Shares | Mumbai Stock Exchange | IN | INR | 27. Sep 1995 | |
| NSEI | LIBERTSHOE | Equity Shares | National Stock Exchange of India | IN | INR | 27. Sep 1995 |
Number of employees
Current staff
2,198
Liberty Shoes
employees.
Industry
| Footwear | |
| Consumer Durables |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/02/15 12:40 |
| End of day share price update: | 2019/02/15 00:00 |
| Last estimates confirmation: | 2018/08/13 |
| Last earnings filing: | 2018/10/25 |
| Last earnings reported: | 2018/09/30 |
| Last annual earnings reported: | 2018/03/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
