Can be a multibagger.

Market Cap.: ₹ 402.81 Cr.
Current Price: ₹ 162.70
Book Value: ₹ 87.66Stock
P/E: 30.06
Face Value: ₹ 10.00
52 Week High/Low: ₹ 199.00 / ₹ 97.10
EPS: ₹ 5.33
Price to book value: 1.86

Company got positive cash flow from last year. After two consecutive loosing years.

Government brought new subsidy scheme for leather sector.
Government focusing on leather sector.

Company has highest OPM of 22% in peer companies.

PEG of 1.29 lowest in peer companies.