Liberty Shoes Share Price Target 2023, 2024, 2025, 2030
About Liberty Shoes Ltd
Liberty Shoes Ltd. manufactures and sells footwear for style-conscious people around the world. The company also manufactures accessories ranging from school shoes to sports shoes, comfortable slip, casual shoes with belts, wallets, travel bags and handbags.
The company offers a range of well-known brands including Fortune, Warrior, Windsor, Senorita, Tip Top, FootFun, and Force-10, among others. Additionally, it has introduced a luxury line of perfumes and skincare products.
Liberty Shoes Ltd’s business is spread across 25 countries along with India. But most of the company’s business comes from India at present and most of the revenue comes from North India.
If we take a look at the financial condition of the company, then the company’s revenue was declining since the coronavirus for some time, but this year the company’s revenue is again seeing a good rise and the company’s net profit has also increased to Rs 17 crore, which reached zero two years ago.
If we talk about the debt of the company, then the company currently sees a debt of Rs 124 crore, while the company also has a cash reserve of Rs 185 crore.
Liberty Shoes Share Price Target 2023
Liberty Shoes targets the middle class of India with fashionable, high-quality, and comfortable footwear. This focus has driven the company’s steady growth over the years. It produces and sells footwear, accessories, and lifestyle products through its retail outlets, wholesale distributors, and online platform.
The company works with its e-commerce partners Amazon, Flipkart, and Paytm to sell its products online, this has been seeing a good increase in the company’s sales for some time. If we talk about Liberty Shoe’s share price target 2023, then the company’s stock is seeing a considerable decline at this time.
The company’s stock may experience short-term growth due to market speculation. The target price for Liberty Shoes stock for 2023 is estimated to be between Rs 325 and Rs 335.
Liberty Shoes Share Price Target 2025
Footwear plays a crucial role in the leather industry, it can be argued that the growth of the leather industry is driven by leather footwear. The production of leather footwear in India is second only to China. And that’s 13% of the world.
The company currently has five manufacturing plants to manufacture its products and the company manufactures 1.06 crore pairs of shoes every year. If we talk about Liberty Shoes share price target 2025, then leather footwear in India is seeing a growth of 12.60% year-on-year.
If we talk about the company’s network, then the company has a network of 150 distributors and the company has 600 showrooms, from where the company works to sell its products. But at present, the company’s sales are seeing slow growth, and due to slow growth in the company’s revenue and net profit, the Liberty Shoes share price target can be seen from Rs 425 to Rs 455 in 2025.
Liberty Shoes Share Price Target 2030
In the long-term, the company plans to expand its business nationwide with a focus on North India, which could impact its stock price target.
At present, the company’s business is spread in T2 and T3 cities, but in the coming time, the company management will be seen trying to spread its business in T1 cities as well. But for this, the company management will need to launch some more brands in its product portfolio.
If the company management succeeds in doing this, then the company’s sales can see a good jump in the future. If we talk about Liberty Shoes Share Price Target for 2030, then the market cap of the company is very low at this time and operators are seen operating this type of penny stock very often. Therefore, it will not be an easy task to assess the price target of any penny stock for such a long time.
