Super Tannery Halts Trading Window Ahead of Financial Results

The company's income from operations stood at ₹284 crore in FY25, reflecting robust growth. Its net profit figures for the upcoming declaration are keenly awaited.

What just happened

Super Tannery Limited has announced a closure of its trading window for its directors, officers, and designated persons. This measure is effective from April 01, 2026.

The closure is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. It will remain in effect until 48 hours after the declaration of the company's financial results for the fiscal year ending March 31, 2026.

Why this matters

This routine regulatory step is crucial for maintaining market integrity. It prevents individuals with access to unpublished price-sensitive information (UPSI) from trading securities before the public announcement of financial results, thereby averting potential insider trading. This means directors and designated employees cannot buy or sell company stock until the window reopens. The SEBI (Prohibition of Insider Trading) Regulations, 2015, mandate such closures to ensure a level playing field for all investors.

The backstory

Super Tannery Limited has a history dating back to 1953, starting as a partnership firm before becoming a public limited company in 1984 and conducting an IPO in 1993. The company is a significant exporter, with foreign sales contributing approximately 81% of its total income in FY25. Recently, in November 2025, Super Tannery announced a potential demerger of its business undertakings, a development investors are monitoring.

Risks to watch

MarketsMojo downgraded Super Tannery to a 'Strong Sell' in March 2026, citing weak fundamentals and bearish technicals, with the stock declining 36.62% in the past year.

Peer comparison

Super Tannery operates in the competitive leather and footwear sector. Key peers include Metro Brands Ltd, Relaxo Footwears Ltd, and Bata India Ltd, all substantial players in the Indian market. The Indian leather industry is a major foreign exchange earner, contributing 13% to global production.

Key Financials

• The company's income from operations increased to ₹284 crore in FY25, up from ₹226.90 crore in FY24, showing a 25% year-on-year growth. (FY24–FY25, Consolidated)
• Overall gearing improved to 0.68x as of March 31, 2025, from 0.78x as of March 31, 2024. (As of Mar 31, 2025 vs Mar 31, 2024, Standalone)

What to track next

• The specific date of the board meeting to approve the audited annual financial results for FY26.
• The official announcement of the financial results themselves.
• The re-opening date of the trading window post-results announcement.
• Any further updates or details regarding the potential demerger announced in November 2025.