As of 6 Nov 2026, Amin Tannery trades at 40.5× trailing earnings, above the industry P/E of 35.5×, and the shares are 37% below their 52-week high. It earns ROCE of 14% and ROE of 1.7%, and sales and net profit fell 13% and 15% a year over 3 years. Debt is 2.19× equity. It is a small-cap company with a market cap of ₹17 Cr, ranked 24th of 27 Footwear & Accessories companies by market cap; the shares fell 15% over the past year.
- ₹1.56
- ₹1.70
- ₹1.56
- ₹1.64
- 44.9K
Health check
- ReturnsAhead
−15.5% over a year, better than 6 of 7 peers.
- Price tagIn line
P/E 40.5 vs industry 35.5.
- GrowthShrinking
Sales −13.2%, profit −14.9% a year over 3 years.
- ProfitabilityAverage
ROCE 13.5% vs peer median 15.5%.
- Balance sheetStretched
Debt 2.19× equity, interest covered 1.2×, Piotroski 7 of 9.
- Red flags4 to check
Return on equity is low at 1.7%.
Small cap
Defensive
Key metrics
- Market cap
- ₹17 Cr
- Small cap
- P/E
- 40.5
- Industry 35.5
- Price to book
- 2.17
- Peers 6.00
- Dividend yield
- 0.00%
- ROE
- 1.7%
- Peers 10.9%
- ROCE
- 13.5%
- Peers 15.5%
- Debt to equity
- 2.19
- Debt ₹29 Cr
- EPS (TTM)
- ₹0.04
- OPM (TTM)
- 5.7%
- Net margin 0.7%
- Sales growth
- +10.1%
- Latest quarter vs a year ago
- Profit growth
- +26.7%
- Latest quarter vs a year ago
- Price to sales
- 0.48
- EV/EBITDA 15.3
Strengths and risks
Strengths
- Quarterly profit up 26.7% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 1.7%.
- Debt is 2.19× equity.
- 37% below its 52-week high.
- Interest coverage of only 1.6×.
About Amin Tannery
Amin Tannery Limited engages in the manufacture and export of finished leather and leather products in India. The company also offers leather shoes and boots, as well as leather shoe uppers. Amin Tannery Limited was incorporated in 2013 and is based in Kanpur, India.
- Headquarters
- Kanpur
- Employees
- 166
- Sector
- Consumer Cyclical
- ISIN
- INE572Z01017
- Website
- amintannery.in
Price range
- Avg volume (3M)
- 1.5 L
- 1-year return
- minus 15.5%
- From 52-week high
- minus 36.7%
Peers · Footwear & Accessories
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BATAINDIABata India | 638.05 | plus 0.06% | 8,201 | 54.5 | 6.61 | 11.2% | 10.9% | 19.7% | 0.6% | −25.4% | 5.33% | minus 40.2% |
| RELAXORelaxo Footwears | 292.10 | plus 0.21% | 7,271 | 39.2 | 3.29 | – | 8.4% | 9.6% | −0.9% | 5.1% | 1.20% | minus 32.7% |
| SAFARISafari Industries (India) | 1,254.40 | plus 0.39% | 6,146 | 39.7 | 5.14 | 18.6% | 16.2% | 9.6% | 19.1% | 10.3% | 0.32% | minus 40.6% |
| CAMPUSCampus Activewear | 197.99 | minus 1.03% | 6,052 | 39.3 | 6.67 | 20.7% | 18.1% | 45.0% | 6.1% | 8.6% | 0.76% | minus 27.5% |
| REDTAPERedtape | 106.57 | minus 0.91% | 5,891 | 23.2 | 6.00 | 29.5% | 26.6% | 15.1% | 18.3% | 19.2% | 1.88% | minus 21.5% |
| VIPINDVIP Industries | 239.55 | minus 4.31% | 3,403 | – | 16.30 | −50.6% | −74.6% | −14.7% | −3.8% | – | 0.00% | minus 38.4% |
| BILBhartiya International | 1,071.00 | minus 2.74% | 1,436 | 55.8 | 2.91 | 12.4% | 2.9% | 8.9% | 18.9% | −40.1% | 0.00% | plus 29.5% |
| AMINTANAmin Tannery | 1.62 | minus 1.22% | 17 | 40.5 | 2.17 | 13.5% | 1.7% | 5.7% | −13.2% | −14.9% | 0.00% | minus 15.5% |
| Median of 7 peers | – | −0.91% | 6,052 | 39.5 | 6.00 | 15.5% | 10.9% | 9.6% | 6.1% | 6.9% | 0.76% | −32.7% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 10.9 | 10.4 | 7.4 | 6.1 | 12 | |
| 10 | 9.7 | 6.6 | 6 | 11.5 | |
| 0.9 | 0.7 | 0.7 | 0.2 | 0.4 | |
| 7.9% | 7.0% | 9.7% | 2.7% | 3.7% | |
| 0 | 0 | 0 | 0.4 | 0.4 | |
| 0.6 | 0.4 | 0.4 | 0.5 | 0.5 | |
| 0.2 | 0.2 | 0.2 | 0 | 0.2 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 24.8% | 33.3% | 24.0% | 24.7% | 24.9% | |
| 0.1 | 0.1 | 0 | 0 | 0.1 | |
| 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Profit & loss
- Sales CAGR 3Y
- −13.2%
- Profit CAGR 3Y
- −14.9%
- EPS CAGR 3Y
- −12.6%
- ROE
- 1.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 51 | 45.3 | 39.6 | 33.3 | |
| – | minus 11.2% | minus 12.6% | minus 15.8% | |
| 47.6 | 42.4 | 37 | 30.8 | |
| 3.4 | 2.9 | 2.6 | 2.5 | |
| 6.7% | 6.4% | 6.6% | 7.5% | |
| −0.3 | −0.1 | −0 | 0.2 | |
| 1.4 | 1.4 | 1.3 | 1.6 | |
| 1.2 | 0.9 | 0.9 | 0.7 | |
| −0.1 | −0 | – | −0 | |
| 0.5 | 0.5 | 0.4 | 0.3 | |
| 28.8% | 24.6% | 25.2% | 27.4% | |
| 0.4 | 0.4 | 0.3 | 0.2 | |
| – | minus 1.1% | minus 19.0% | minus 23.1% | |
| 0.03 | 0.03 | 0.03 | 0.02 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.8 | 10.8 | 10.8 | 10.8 | |
| 1.3 | 1.7 | 2 | 2.3 | |
| 28.6 | 28.7 | 28.5 | 28.8 | |
| 26.5 | 21.9 | 20.4 | 20.6 | |
| 67.3 | 63.1 | 61.8 | 62.5 | |
| 7.5 | 7.2 | 7.2 | 6.8 | |
| 0 | 0.4 | 0 | 0 | |
| 0 | 0 | 0 | 0 | |
| 0.8 | 0.4 | 0.3 | 0.1 | |
| 58.9 | 55.1 | 54.3 | 55.6 | |
| 67.3 | 63.1 | 61.8 | 62.5 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.5 | 1.8 | 2.3 | 1.8 | |
| −0.8 | −0.6 | −0.9 | −0.3 | |
| −2.4 | −1.5 | −1.5 | −1.6 | |
| 0.3 | −0.4 | −0.1 | −0.2 | |
| −0.8 | −0.6 | −0.9 | −0.3 | |
| 2.7 | 1.2 | 1.4 | 1.4 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.