CMP: 90

Liberty Shoes Limited manufactures and sells leather and non-leather shoes, leather shoe uppers, and a number of leather garments to every age group and income category. The Group markets its products globally through distributors, exclusive showrooms, and multi brand outlets.

Liberty Shoes is a 155 Crore penny cap stock. Its currently trading at a P/E of 23. It runs at a debt of 100 Crores with 81 Crores in inventories. Debt is high which makes it a risky bet. Revenues have risen slowly from 222 Crores to 298 Crores in the last 5 years. Profits have actually dipped from 17 Crores to 11 Crores in the last 5 years.