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List of Leather Stocks in India (2025)

Leather stocks represent companies engaged in leather production, footwear, accessories, and exports. Driven by demand in fashion and industrial use, they reflect India’s strong position as a global leather exporter with growth potential.

Top Leather Stocks in 2025

Leather Stock Screener

Leather Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 8 of 8 results

last updated at 6:30 AM IST 
NameStocks (8)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Metro Brands LtdMETROBRANDFootwearFootwear29,576.5629,576.561,085.801,085.8084.3684.36-1.43-1.43-4.61-4.61-12.01-12.01-13.06-13.0617.0217.0219.3119.3121.2721.271.841.840.710.712.362.36
2.Mayur Uniquoters LtdMAYURUNIQTextilesTextiles2,179.152,179.15501.50501.5014.6014.60-0.75-0.75-7.15-7.15-12.23-12.23-13.54-13.542.282.2816.3816.3820.9920.991.001.000.010.012.622.62
3.Bhartiya International LtdBILApparel & AccessoriesApparel & Accessories1,081.151,081.15806.20806.2069.0469.04-0.74-0.74-4.19-4.1911.4311.430.780.782.412.413.743.7415.3315.33--1.071.073.223.22
4.Mirza International LtdMIRZAINTFootwearFootwear558.89558.8940.4440.44-169.36-169.36-0.15-0.159.119.1133.1633.161.921.920.990.99-0.59-0.591.171.17--0.080.083.903.90
5.Khadim India LtdKHADIMFootwearFootwear369.72369.72201.17201.1773.2173.21-0.71-0.71-19.52-19.52-15.61-15.61-39.52-39.521.471.472.062.068.818.81--1.181.183.623.62
6.Super House LtdSUPERHOUSEFootwearFootwear166.83166.83151.32151.3218.3518.35-1.59-1.59-5.31-5.31-13.79-13.79-28.45-28.450.350.351.911.916.406.400.520.520.440.443.263.26
7.Zenith Exports LtdZENITHEXPOTextilesTextiles123.12123.12228.15228.1571.5871.58-3.73-3.730.810.81-7.07-7.07-23.54-23.541.501.502.122.124.214.21--0.090.094.504.50
8.AKI India LtdAKITextilesTextiles79.8879.887.237.2347.8347.83-1.23-1.23-7.92-7.92-8.48-8.48-54.64-54.641.231.232.682.686.656.65--0.300.304.134.13

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Leather Stocks, based on publicly available information and is sorted by market cap.

What are Leather Stocks?

Leather stocks are shares of publicly listed companies that are directly or indirectly involved in the leather industry. These companies may operate in various parts of the leather value chain, such as:

- Tanneries: Businesses engaged in processing raw hides and skins into finished leather.
- Footwear Manufacturers: Companies producing leather shoes, sandals, and boots.
- Apparel & Accessories: Firms making leather jackets, belts, wallets, handbags, and other fashion goods.
- Exporters: Companies focusing on exporting processed leather and finished products to global markets.
- Chemicals & Machinery: Businesses supplying leather chemicals, dyes, or machinery for leather processing.

In India, leather is considered one of the country’s major export-oriented industries, with demand coming from both domestic consumers and international markets. Investing in leather stocks gives exposure to the fashion, footwear, lifestyle, and export sectors.

Overview of the Top Leather Stocks

Metro Brands Ltd

Metro Brands Ltd Metro Brands Ltd is one of India’s leading footwear retailers. The company sells a wide range of branded shoes, sandals, and accessories through its popular brands Metro, Mochi, and Walkway. It caters to men, women, and kids and operates an extensive retail network across India with a growing online presence.

Mayur Uniquoters Ltd

Mayur Uniquoters Ltd is a major manufacturer of synthetic leather in India. The company supplies leather alternatives to industries such as footwear, automotive, furnishings, and fashion. It exports to multiple countries and partners with global brands. It offers innovative and cost-effective products, which supports sustainable applications across both consumer and industrial sectors.

Bhartiya International Ltd

Bhartiya International Ltd designs and manufactures leather garments, fashion wear, and accessories. It has a strong international footprint and supplies to global brands and retailers. The company operates in fashion, real estate, and lifestyle segments and focuses on luxury design and integrated development projects.

Mirza International Ltd

Mirza International Ltd is a prominent leather footwear manufacturer and exporter and is best known for its flagship brand Red Tape. It handles design, tanning, manufacturing, and retailing of footwear, apparel, and accessories in India and global markets. The company delivers premium lifestyle products by integrating end-to-end operations.

Khadim India Ltd

Khadim India Ltd is a leading homegrown footwear brand that focuses on affordability. It mainly caters to the value-for-money segment and offers footwear for men, women, and children. It has a strong retail presence across the country and emphasises accessibility, comfort, and style for mass-market consumers.

About Leather Industry

India’s leather and footwear industry is projected to grow to $47.1 bn by 2030. This includes a target of $33.4 bn in domestic turnover and $13.7 bn in exports.

How to Invest in Leather Stocks?

Investing in leather stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in leather stocks:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for Leather Stocks: Go to Tickertape Stock Screener and search for leather stocks.
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter if your preferred parameters are not available. This can help you narrow down the top leather stocks in India.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve identified leather stocks that align with your investment thesis, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

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Advantages of Investing in Leather Stocks

Strong Export Demand

India is one of the world’s top exporters of leather and leather products, supplying to Europe, the US, and the Middle East. With fashion and footwear demand rising globally, Indian firms could benefit.

Growing Domestic Market

Rising disposable incomes and changing lifestyles are driving demand for branded leather footwear, apparel, and accessories. By 2030, India’s leather and footwear industry is projected to reach $47.1 bn.

Government Support

Schemes like Indian Footwear and Leather Development Programme (IFLDP) provide subsidies for modernization, technology upgradation, and skill development. Export-friendly policies (like duty rebates) also support the sector.

Diversification into Synthetic/Vegan Leather

Many listed companies are venturing into eco-friendly leather alternatives, capturing new markets driven by sustainability trends.

Risks of Investing in Leather Stocks

High Dependency on Exports

Slowdowns in Europe/US (major markets) directly affect India’s leather industry. Trade barriers and shifting global supply chains can hurt margins.

Environmental & Regulatory Pressure

Tanneries face strict environmental norms on effluent discharge. Non-compliance risks shutdowns or penalties. Increasing global demand for vegan leather may limit traditional leather growth.

Fragmentation & Unorganised Sector

A large portion of the industry is unorganised, making it difficult for small/mid-cap listed companies to scale efficiently.

Fashion Cyclicality

Demand for leather products often depends on fashion trends and consumer preferences, leading to volatility.

Factors to Consider Before Investing in Leather Stocks

Export Dependency

Many Indian leather companies derive a large share of revenue from exports, especially to the EU and US. If global demand slows due to recession, or if tariffs are imposed, earnings may fall.

Brand Strength & Domestic Presence

Firms with strong domestic brands (in footwear and fashion accessories) are more resilient, as local demand can balance export slowdowns.

Margins & Debt Levels

Leather processing and manufacturing are capital- and labor-intensive. High debt can pressure profits, especially in downturns.

ESG & Sustainability

Leather tanneries face strict pollution-control regulations. Companies investing in clean technology or moving towards eco-friendly / vegan leather can attract global buyers who increasingly prefer sustainable sourcing.

Conclusion

The leather industry in India is poised for strong growth, supported by rising global demand, government incentives, and a fast-expanding domestic market. Its advantages lie in robust export potential, brand opportunities, and diversification into eco-friendly alternatives. Still, challenges such as cyclical fashion demand, regulatory scrutiny, and export dependence persist. Using the Tickertape Stock Screener, with over 200+ filters, you can mitigate risks and identify leather stocks that align with your investment thesis.

Frequently Asked Questions on Leather Stocks

  1. What are Leather Stocks?

    Leather stocks are shares of companies engaged in manufacturing, processing, and exporting leather and leather-based products such as footwear, garments, accessories, and goods. These firms benefit from India’s position as a leading global leather exporter while catering to domestic demand in footwear and fashion.

  2. How to invest in Leather Stocks?

    Here’s how you can invest in Leather stocks -
    1. Go to the Tickertape Stock Screener
    2. Select the "Leather" stocks.
    3. From the Leather stocks, analyse and sort the Leather stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more - based on your investment thesis.
    4. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Leather stocks.

    Disclaimer: Please do your own research or consult your financial advisor before investing.

  3. What is the future projection of Leather Stocks?

    India’s leather and footwear industry is projected to grow from $17.3 bn in 2024 to $47.1 bn by 2030, driven by rising exports, increasing domestic consumption, and diversification into eco-friendly and synthetic alternatives.



    Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

  4. How to choose Leather Stocks for investing?

    1. Look for companies with balanced revenue mix (domestic + exports).
    2. Check margins, debt levels, and return ratios to assess financial strength.
    3. Prioritise businesses diversifying into sustainable/vegan leather.
    4. Evaluate brand presence and retail network strength.
    5. Use Tickertape Stock Screener to filter by valuation, growth, etc.

  5. Do Leather Stocks offer regular dividends?

    Not all leather companies pay regular dividends since many are mid-cap or export-driven businesses reinvesting profits. Some firms like Bata India (though not purely leather-focused) declared a ₹12.50 per share dividend in FY24. For the latest dividend announcements across leather-related stocks, investors can check Tickertape Stock Screener dividend filter.

    Disclaimer: This is only for educational purposes as the latest data is derived from Tickertape Stock Screener.

  6. What are the factors affecting Leather Stocks prices?

    1. Export demand trends in Europe and the US.
    2. Currency fluctuations (rupee vs. dollar).
    3. Raw material costs (hides, chemicals).
    4. Regulatory norms on pollution and sustainability.
    5. Fashion cycles and consumer trends.
    6. Government incentives and trade policies.