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Leather & Tanneries

LEUL Leather Up Limited

Latest results: FY2025 · Jun 2025 Q4 FY2026 · Apr – Jun 2026

Last close · 16 Oct 2026

Rs 69.04 -0.86%

Valuation · at the close on 16 Oct 2026

Leather Up Limited (LEUL) valuation

LEUL has no positive earnings to compare its share price with, so P/E is not meaningful. The shares are priced at 36.91× book value (sector median 3.58×).

P/E · today
—
TTM to Jun 2026
5-yr average— Sector median9.5×
P/B · today
36.91×
Quarter to Jun 2026
5-yr average4.68× Sector median3.58×
EV/EBITDA · today
—
5-yr average— Sector median21.7×
Dividend yield · today
0.0%
FY2025
5-yr average0.0% Payers' median—

Market value Rs 414.2 mn at Rs 69.04. Sector medians use the latest close of 6 Leather & Tanneries companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

P/E history P/E at fiscal year-end
P/E history 10.7× 5.4× 0.0× P/E at fiscal year-end FY16: 5.1× P/E at fiscal year-end FY17: 9.9× P/E at fiscal year-end FY18: 2.5× FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

Valuation history

At each fiscal year-end price.

LEUL valuation history (annual) (Rs mn)
Rs mn FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 Jul 2021 – Jun 2022 FY2021 Jul 2020 – Jun 2021 FY2020 Jul 2019 – Jun 2020 FY2019 Jul 2018 – Jun 2019 FY2018 Jul 2017 – Jun 2018 FY2017 Jul 2016 – Jun 2017 FY2016 Jul 2015 – Jun 2016
Market capitalisation 214.6 79.7 61.7 81.1 108.3 66.1 66.1 112.2 132.0 55.8
Enterprise value 212.7 78.4 59.0 80.2 106.9 64.5 65.6 118.7 149.1 72.3
Share price (period end) Rs 35.77 13.28 10.29 13.51 18.05 11.01 11.02 18.70 22.00 9.30
P/E (diluted) — 247.71× — — — — — 2.48× 9.92× 5.10×
Price to book 13.52× 3.93× 3.12× 3.56× 2.86× 0.69× 0.68× 1.06× 2.23× 1.22×
Price to sales 17.79× 2.89× 2.27× 3.01× 6.39× 2.41× 1.38× 2.17× 0.99× 0.44×
EV / EBITDA — 1,044.89× — — — — — — 8.25× 4.56×
EV / Sales 17.60× 2.85× 2.17× 2.98× 6.30× 2.35× 1.37× 2.30× 1.12× 0.57×
Dividend yield (gross) 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Free cash flow yield — — — — — — (25.1%) (26.5%) (0.1%) (3.6%)
PEG ratio — 2.26× — — — — — 0.01× 0.46× —
P/E (diluted, normalised) — 247.71× — — — — — 2.48× 9.92× 5.10×
Price to book — 5-year average 4.68× 2.02× 1.40× 1.21× 1.23× 1.07× — — — —
EV / EBITDA — 5-year average — — — — — 24.00× — — — —
Dividend yield — 5-year average 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% — — — —

LEUL valuation: frequently asked questions

What is LEUL's book value per share?

Leather Up Limited's book value per share was Rs 2.64 at the end of FY2025. The shares trade at 36.91× book value.

Information only, not investment advice.