As of 6 Nov 2026, Super Tannery trades at 12.3× trailing earnings, below the industry P/E of 35.5×, and the shares are 51% below their 52-week high. Sales and net profit grew 2.6% and 2.2% a year over 3 years, with ROCE of 11% and ROE of 6.3%. Debt is 0.83× equity, and its dividend yield is 0.6%. It is a small-cap company with a market cap of ₹85 Cr, ranked 18th of 27 Footwear & Accessories companies by market cap; the shares fell 3.9% over the past year.
- ₹8.08
- ₹8.08
- ₹7.74
- ₹7.90
- 25.9K
Health check
- ReturnsAhead
−3.9% over a year, better than 6 of 7 peers.
- Price tagCheaper
P/E 12.3 vs industry 35.5.
- GrowthSteady
Sales +2.6%, profit +2.2% a year over 3 years.
- ProfitabilityWeak
ROCE 10.9% vs peer median 15.5%.
- Balance sheetFair
Debt 0.83× equity, interest covered 3.2×, Piotroski 5 of 9.
- Red flags2 to check
Return on equity is low at 6.3%.
Small cap
Defensive
Key metrics
- Market cap
- ₹85 Cr
- Small cap
- P/E
- 12.3
- Industry 35.5
- Price to book
- 0.78
- Peers 6.00
- Dividend yield
- 0.64%
- ROE
- 6.3%
- Peers 10.9%
- ROCE
- 10.9%
- Peers 15.5%
- Debt to equity
- 0.83
- Debt ₹92 Cr
- EPS (TTM)
- ₹0.64
- Face value ₹1
- OPM (TTM)
- 8.9%
- Net margin 2.7%
- Sales growth
- +11.5%
- Latest quarter vs a year ago
- Profit growth
- +13.1%
- Latest quarter vs a year ago
- Price to sales
- 0.33
- EV/EBITDA 7.9
Strengths and risks
Strengths
- P/E of 12.3 against an industry P/E of 35.5.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 6.3%.
- 51% below its 52-week high.
About Super Tannery
Super Tannery Limited, together with its subsidiaries, manufactures, sells, and exports leather products in India. The company offers leather for automotive and furniture upholstery, safety, bags, belts, and sporting goods, as well as accessories. It also provides equestrian products under the Equestria brand. The company was founded in 1953 and is based in Kanpur, India.
- Headquarters
- Kanpur
- Employees
- 450
- Sector
- Consumer Cyclical
- ISIN
- INE460D01038
- Website
- supertannery.com
Price range
- Avg volume (3M)
- 2.2 L
- 1-year return
- minus 3.9%
- From 52-week high
- minus 51.4%
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% |
| SUPTANERYSuper Tannery | 7.87 | minus 0.38% | 85 | 12.3 | 0.78 | 10.9% | 6.3% | 5.8% | 2.6% | 2.2% | 0.64% | minus 3.9% |
| 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 |
|---|---|---|---|---|---|
| 64.6 | 59.3 | 56.7 | 55.6 | 72 | |
| 58.9 | 55 | 52.3 | 49 | 65.7 | |
| 5.7 | 4.2 | 4.4 | 6.6 | 6.3 | |
| 8.8% | 7.1% | 7.8% | 11.9% | 8.8% | |
| 0.5 | 0.5 | 0.5 | 0.6 | 0.4 | |
| 1.2 | 1.3 | 1.3 | 1.9 | 1.5 | |
| 1.9 | 2.4 | 2.1 | 0.9 | 1.9 | |
| 3.1 | 1 | 1.4 | 4.4 | 3.3 | |
| 29.7% | 32.2% | 17.2% | 38.9% | 28.1% | |
| 2.2 | 0.7 | 1.1 | 2.7 | 2.4 | |
| 0.20 | 0.06 | 0.11 | 0.25 | 0.22 |
Profit & loss
- Sales CAGR 3Y
- +2.6%
- Profit CAGR 3Y
- +2.2%
- EPS CAGR 3Y
- +1.7%
- ROE
- 6.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 214 | 218 | 266 | 232 | |
| – | +1.8% | +22.1% | minus 13.0% | |
| 199 | 200 | 247 | 212 | |
| 14.9 | 17.6 | 19.6 | 19.5 | |
| 7.0% | 8.1% | 7.4% | 8.4% | |
| 3.1 | 3.3 | 3.3 | 2.7 | |
| 3.5 | 4.6 | 4.2 | 4.6 | |
| 6.7 | 6.8 | 7.4 | 7.4 | |
| 0.1 | −1.1 | −1.1 | −0.3 | |
| 7.9 | 8.4 | 10 | 9.9 | |
| 19.5% | 31.7% | 33.8% | 32.3% | |
| 6.3 | 5.9 | 6.7 | 6.7 | |
| – | minus 7.3% | +13.9% | +1.0% | |
| 0.59 | 0.54 | 0.62 | 0.62 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.8 | 10.8 | 10.8 | 10.8 | |
| 81 | 86.4 | 92.7 | 99.2 | |
| 68.2 | 78.4 | 69.3 | 91.9 | |
| 64.6 | 71.2 | 90.1 | 92.4 | |
| 225 | 247 | 263 | 294 | |
| 84 | 90.9 | 112 | 132 | |
| 11.3 | 13.3 | 20.8 | 14.4 | |
| 0.2 | 0.2 | 0.2 | 0.2 | |
| 4.2 | 3 | 23 | 2.8 | |
| 125 | 139 | 107 | 145 | |
| 225 | 247 | 263 | 294 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20.5 | 7.2 | 46 | 3.9 | |
| −6.5 | −13.9 | −26.8 | −25.1 | |
| −13.4 | 5.5 | −14.9 | 16.6 | |
| 0.7 | −1.2 | 4.3 | −4.5 | |
| −8.7 | −11.7 | −28.3 | −25.2 | |
| 11.8 | −4.5 | 17.7 | −21.3 | |
| −0.5 | – | −0.5 | −0.5 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.