Emphasis on volume-driven sales in price-sensitive markets, asset-light expansion, negligible debt on the books, and macro-economic tailwinds are expected to augur well for Sreeleathers in due course.
Sreeleathers’ key variables were impressive with a 47 percent growth in top-line and a 65 percent increase in EBIDTA. A 238 basis points expansion in operating profit margins propelled bottom-line profitability, too.
Despite facing stiff competition from India's leather and footwear majors, Sreeleathers continues to create a niche for itself with sustainable growth every year.