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Leather & Tanneries

SGF Service GlobalFootwear Limited

Latest results: FY2025 · Dec 2025

Last close · 16 Oct 2026

Rs 105.78 -0.24%

Annual · FY2020 – FY2025

Service GlobalFootwear Limited (SGF) financial ratios

Service GlobalFootwear Limited earned a net margin of 9.7% in FY2025 against a five-year average of 6.5% (Leather & Tanneries median -1.8%). Return on equity was 24.8%, compared with a sector median of 24.8%. The current ratio stood at 1.05× and debt was 99.7% of equity. Cash took about 175 days to cycle through receivables, inventory and payables.

FY2025 vs the Leather & Tanneries median

Gross margin
19.7%
Sector median 17.2%
Operating margin
4.9%
Sector median -23.9%
Net margin
9.7%
Sector median -1.8%
Return on equity (ROE)
24.8%
Sector median 24.8%
Return on assets (ROA)
9.6%
Sector median 1.1%
Current ratio
1.05×
Sector median 0.97×
Debt to equity
99.7%
Sector median 99.7%
Asset turnover
0.99×
Sector median 0.73×
Dividend payout ratio
42.6%
Sector median 28.9%

Median of the 6 companies in the sector with the figure for their latest fiscal year.

SGF financial ratios (annual) (Rs mn)
Rs mn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021 FY2020 Jan – Dec 2020
Profitability
Gross margin 19.7% 18.2% 22.2% 18.6% 17.6% 19.9%
EBITDA margin 6.4% 5.7% 10.8% 7.7% 9.0% 11.8%
Operating margin 4.9% 4.1% 9.2% 6.1% 6.5% 9.9%
Pre-tax margin 14.0% 8.2% 9.0% 5.9% 8.1% 11.3%
Net margin 9.7% 6.4% 7.8% 2.9% 5.7% 10.3%
Effective tax rate 30.8% 22.6% 13.3% 50.3% 29.6% 8.8%
Returns
Return on equity (ROE) 24.8% 16.3% 18.5% 5.3% 7.4% —
Return on assets (ROA) 9.6% 5.8% 7.0% 2.5% 3.5% —
Return on invested capital (ROIC) 13.2% 9.9% 14.6% 4.8% 5.1% —
Liquidity
Current ratio 1.05× 1.09× 1.05× 1.01× 1.16× 1.45×
Quick ratio 0.66× 0.72× 0.65× 0.56× 0.77× 1.21×
Leverage
Debt to equity 99.7% 129.8% 133.3% 95.5% 62.1% 109.9%
Debt to capital 49.9% 56.5% 57.1% 48.9% 38.3% 52.4%
Debt to assets 40.0% 48.1% 45.5% 41.0% 33.2% 44.2%
Assets to equity 2.59× 2.81× 2.64× 2.09× 2.11× —
Efficiency
Asset turnover 0.99× 0.91× 0.90× 0.87× 0.61× —
Receivable days days 115 124 105 107 214 —
Inventory days days 96 115 126 107 112 —
Payable days days 36 42 50 50 86 —
Cash conversion cycle days 175 197 181 163 240 —
Dividends
Dividend payout ratio 42.6% 74.0% 87.9% 268.0% 0.0% 0.0%
Earnings retention rate 0.57× 0.26× 0.12× (1.68×) 1.00× 1.00×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

SGF: frequently asked questions

What is SGF's EPS?

Service GlobalFootwear Limited reported basic earnings per share of Rs 9.39 for FY2025 (Jan – Dec 2025).

What is SGF's P/E ratio?

At the closing price of Rs 105.78 on 16 Oct 2026, SGF trades at a P/E of 11.3× based on EPS of Rs 9.39 (FY2025).

Does SGF pay dividends?

Yes. Service GlobalFootwear Limited declared a dividend of Rs 2.00 per share for FY2025. It has paid a dividend in each of the last 5 years. At Rs 105.78 that is a dividend yield of 1.9%.

What was SGF's revenue and profit in FY2025?

Service GlobalFootwear Limited reported revenue of Rs 19.9 bn and profit attributable to shareholders of Rs 1.9 bn for FY2025 (Jan – Dec 2025).

What is SGF's book value per share?

Service GlobalFootwear Limited's book value per share was Rs 40.64 at the end of FY2025. The shares trade at 2.60× book value.

Information only, not investment advice.