Integrated Filing — IndAS



General information about company
Scrip Code 526596
NSE Symbol LIBERTSHOE
MSEI Symbol NOTLISTED
ISIN INE557B01019
Name of company LIBERTY SHOES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Footwear
Start date and time of board meeting 28-May-2025   12:30:00
End date and time of board meeting 28-May-2025   16:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-05-28
Indicate Company website link for updated RPT policy of the Company www.libertyshoes.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? Yes



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 1876593000 6754805000
Other income 1427000 2968000
Total income 1878020000 6757773000
2 Expenses
(a) Cost of materials consumed 638371000 2352475000
(b) Purchases of stock-in-trade 274345000 872331000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -9471000 -126120000
(d) Employee benefit expense 335969000 1270697000
(e) Finance costs 38765000 131588000
(f) Depreciation, depletion and amortisation expense 124984000 327828000
(f) Other Expenses
1 other expenses 386119000 1693299000
Total other expenses 386119000 1693299000
Total expenses 1789082000 6522098000
3 Total profit before exceptional items and tax 88938000 235675000
4 Exceptional items -2944000 -26937000
5 Total profit before tax 85994000 208738000
6 Tax expense
7 Current tax 24800000 68001000
8 Deferred tax 5125000 5125000
9 Total tax expenses 29925000 73126000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 56069000 135612000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 56069000 135612000
17 Other comprehensive income net of taxes -730000 -730000
18 Total Comprehensive Income for the period 55339000 134882000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 170400000 170400000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 2055161000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 3.25 7.92
Diluted earnings (loss) per share from continuing operations 3.25 7.92
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.25 7.92
Diluted earnings (loss) per share from continuing and discontinued operations 3.25 7.92
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) as per attachment



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 913755000
Capital work-in-progress 39387000
Investment property 0
Goodwill 0
Other intangible assets 3742000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 45000
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 899729000
Total non-current financial assets 899774000
Deferred tax assets (net) 0
Other non-current assets 9045000
Total non-current assets 1865703000
2 Current assets
Inventories 1741429000
Current financial asset
Current investments 0
Trade receivables, current 1157822000
Cash and cash equivalents 33066000
Bank balance other than cash and cash equivalents 21349000
Loans, current 19246000
Other current financial assets 127717000
Total current financial assets 1359200000
Current tax assets (net) 0
Other current assets 0
Total current assets 3100629000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 4966332000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 170400000
Other equity 2055161000
Total equity attributable to owners of parent 2225561000
Non controlling interest
Total equity 2225561000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 36546000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 249700000
Total non-current financial liabilities 286246000
Provisions, non-current 11222000
Deferred tax liabilities (net) 5125000
Deferred government grants, Non-current 0
Other non-current liabilities 816580000
Total non-current liabilities 1119173000
Current liabilities
Current financial liabilities
Borrowings, current 707121000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 258969000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 403704000
Total Trade payable 662673000
Other current financial liabilities 0
Total current financial liabilities 1369794000
Other current liabilities 225774000
Provisions, current 9756000
Current tax liabilities (Net) 16274000
Deferred government grants, Current 0
Total current liabilities 1621598000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 2740771000
Total equity and liabilites 4966332000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 976000 976000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss -246000 -246000
5 Total Other comprehensive income -730000 -730000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 208738000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 131588000
Adjustments for decrease (increase) in inventories -157315000
Adjustments for decrease (increase) in trade receivables, current -202285000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -9515000
Adjustments for decrease (increase) in other non-current assets -35152000
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 305685000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 31589000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 327828000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 194837000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -1959000
Adjustments for dividend income 0
Adjustments for interest income 2968000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 6131000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -731000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 587733000
Net cash flows from (used in) operations 796471000
Dividends received 0
Interest paid 51481000
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 744990000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 471491000
Proceeds from sales of investment property 9684000
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 2968000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 16984000
Net cash flows from (used in) investing activities -441855000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 47282000
Repayments of borrowings 20874000
Payments of lease liabilities 193662000
Dividends paid 0
Interest paid 131588000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -298842000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 4293000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 1959000
Net increase (decrease) in cash and cash equivalents 6252000
Cash and cash equivalents cash flow statement at beginning of period 26814000
Cash and cash equivalents cash flow statement at end of period 33066000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Pardeep Tayal & Co Yes 28-Feb-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Liberty Shoes Limited Little World Constructions Private Limited Entities where Key Management Personnel/Relative of Key Management Personnel has significant influence Purchase of goods or services 800000 NO 218000 26000 37000
2 Liberty Shoes Limited Liberty Footwear Co. Entities where Key Management Personnel/Relative of Key Management Personnel has significant influence Purchase of goods or services 400000 NO 38000 0 0
3 Liberty Shoes Limited Sanjeev Bansal Charitable Trust Entities where Key Management Personnel/Relative of Key Management Personnel has significant influence Purchase of goods or services 800000 NO 266000 0 0
4 Liberty Shoes Limited Sh. Harish Kumar Gupta Relative of Key Management Personnel Purchase of goods or services 500000 NO 184000 28000 0
5 Liberty Shoes Limited Sh. Sunil Bansal Key Management Personnel Purchase of goods or services 600000 NO 60000 0 0
6 Liberty Shoes Limited LFO Entities where Key Management Personnel/Relative of Key Management Personnel has significant influence Purchase of goods or services 80000000 NO 34347000 11795000 15730000
7 Liberty Shoes Limited Liberty Enterprises Entities where Key Management Personnel/Relative of Key Management Personnel has significant influence Purchase of goods or services 20000000 NO 0 1313000 43000
8 Liberty Shoes Limited Total Print & packing Entities where Key Management Personnel/Relative of Key Management Personnel has significant influence Purchase of goods or services 80000000 NO 10271000 12871000 -104000
9 Liberty Shoes Limited ANYTHING SKOOL Ltd.(Formally known as Liberty Innovative Outfits Ltd) Entities where Key Management Personnel/Relative of Key Management Personnel has significant influence Purchase of goods or services 200000000 NO 67016000 31055000 42875000
10 Liberty Shoes Limited Liberty Group Marketing Division Entities where Key Management Personnel/Relative of Key Management Personnel has significant influence Purchase of goods or services 120000000 NO 45368000 146000 5586000
11 Liberty Shoes Limited Liberty Footwear Co. Entities where Key Management Personnel/Relative of Key Management Personnel has significant influence Purchase of goods or services 200000000 NO 122082000 4088000 26310000
12 Liberty Shoes Limited Sh. Sunil Bansal Key Management Personnel Remuneration 4800000 NO 1892000 0 0
13 Liberty Shoes Limited Sh. Shammi Bansal Key Management Personnel Remuneration 4800000 NO 2400000 0 0
14 Liberty Shoes Limited Sh. Adish Gupta Key Management Personnel Remuneration 4800000 NO 2400000 0 0
15 Liberty Shoes Limited Sh. Ashok Kumar Key Management Personnel Remuneration 4200000 NO 2017000 0 0
16 Liberty Shoes Limited Sh. Munish Kakra Key Management Personnel Remuneration 9500000 NO 3169000 0 0
17 Liberty Shoes Limited Sh. Raman Bansal Key Management Personnel Remuneration 3000000 NO 1500000 0 0
18 Liberty Shoes Limited Sh. Vivek Bansal Key Management Personnel Remuneration 3000000 NO 1500000 0 0
19 Liberty Shoes Limited Sh. Anupam Bansal Key Management Personnel Remuneration 4800000 NO 2400000 0 0
20 Liberty Shoes Limited Sh. Ayush Bansal Relative of Key Management Personnel Remuneration 600000 NO 105000 0 0
21 Liberty Shoes Limited Sh. Manan Bansal Relative of Key Management Personnel Remuneration 600000 NO 105000 0 0
22 Liberty Shoes Limited Sh. Anand Das Mundhra Director Any other transaction sitting fee 0 NO 100000 0 0
23 Liberty Shoes Limited Sh. Piyush Dixit Director Any other transaction sitting fee 0 NO 150000 0 0
24 Liberty Shoes Limited Dr. Sujata Director Any other transaction sitting fee 0 NO 75000 0 0
25 Liberty Shoes Limited Sh. Gautam Baid Director Any other transaction sitting fee 0 NO 100000 0 0
26 Liberty Shoes Limited Liberty Group Marketing Division Entities where Key Management Personnel/Relative of Key Management Personnel has significant influence Advance 0 NO 0 5000000 0
27 Liberty Shoes Limited Liberty Enterprises Entities where Key Management Personnel/Relative of Key Management Personnel has significant influence Advance 0 NO 0 1000000 1000000
28 Liberty Shoes Limited Sh. Adish Gupta Key Management Personnel Purchase of goods or services 800000 NO 181000 0 0
Total value of transaction during the reporting period 297944000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date 743667000
B Of the total amount outstanding, amount of default as on date 0
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date 0
B Of the total amount outstanding, amount of default as on date 0
3. Total financial indebtedness of the listed entity including short-term and long-term debt 0