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Metro Brands Ltd

₹ 1,172-1.88%
06 Jan – close price
🔗metrobrands.com•BSE: 543426•NSE: METROBRAND
Market Cap₹ 31,927 Cr.
Current Price₹ 1,172
High / Low₹ 1,345
Stock P/E90.6
Book Value₹ 65.4
Dividend Yield0.47 %
ROCE19.5 %
ROE19.2 %
Face Value₹ 5.00
Sales₹ 2,571 Cr.
OPM30.3 %
Mar Cap₹ 31,927 Cr.

ABOUT

The company is one of the largest Indian footwear & accessories specialty retailers and are among the aspirational Indian brands in the footwear category.Its a one-stop shop for of branded products for the entire family, including men, women, unisex, and children, and for every occasion, including casual and formal events.[1]

KEY POINTS

Network as of Q2 FY26[1][2]Store Formats: 8Stores: 966States: 31Cities: 211 (expanded 6 new cities H1 FY26)Loyalty membership: 18+ mnVendors: 250

Also present in buckets:
Excellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsJv Partnerships AcquisitionsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Metro Brands1171.9090.6231926.540.4764.10-2.39635.9712.2219.542570.7330.31352.3064.1017.9110.310.81
2.Bata India945.9065.3612157.422.0113.90-63.66801.33-4.2815.143450.1820.90186.0218.897.976.740.90
3.Relaxo Footwear404.3557.7510065.830.7436.16-1.55628.54-7.4811.222645.0814.22174.2936.164.776.220.10
4.Campus Activewe.260.8564.397969.760.3820.0740.35386.6116.0020.101650.3915.32123.7720.0710.049.920.48
5.Redtape119.3336.516596.650.6327.549.85492.4018.4221.672123.0016.78180.6827.547.698.881.08
6.Sreeleathers217.2521.81503.040.008.6133.4974.7119.237.31233.3813.4323.068.611.044.880.00
7.Liberty Shoes275.9535.28470.220.001.97-23.44174.231.419.99694.7810.0313.331.962.063.240.73
–Median: 9 Co.260.8536.516596.650.3813.9-1.55386.6112.2212.441650.3914.5123.7718.894.776.220.73

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
577624688556563615527578632463532567636
Expenses
373426464361383422385412437320371418469
Operating Profit
204198224194180193142166195143161149167
Other Income
15152316232817252712182226
Profit before tax
15313315814212312993113128991068886
Tax %
25%28%40%25%25%25%29%-46%24%25%25%25%25%
Net Profit
11596941069297661659774796664
EPS in Rs
4.223.523.463.913.403.552.446.053.582.722.922.412.35

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
6367027678681,0341,1551,2107891,3122,0712,3052,4502,571
Expenses
5205776327228189258676089061,4031,5981,7001,792
Operating Profit
116125135146216230343181407668707750779
Other Income
3739817237655516594104
Interest
000000394450637890101
Depreciation
111213161922120121134178228257282
Profit before tax
10812012513920522420791278479466496500
Net Profit
7279829213514815273208354418350352
EPS in Rs
48.6453.8455.7162.1391.7811.1411.442.737.6513.0315.3712.8412.94
Dividend Payout %
23%22%22%22%22%22%26%55%29%31%33%156%–

Compounded Profit Growth

10 Years:16%
5 Years:17%
3 Years:18%
TTM:-16%

Compounded Sales Growth

10 Years:13%
5 Years:15%
3 Years:23%
TTM:10%

Return on Equity

10 Years:22%
5 Years:21%
3 Years:23%
Last Year:19%

Stock Price CAGR

10 Years:%
5 Years:%
3 Years:10%
1 Year:-9%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
1515151515133133133136136136136136
Reserves
2563143744415475326476721,1021,3781,6991,5431,646
Borrowings
0000005365666929381,0981,2271,439
Other Liabilities
10810399150164219190242324376356364486
Total Liabilities
3794314886067268841,5061,6122,2552,8283,2893,2713,706
Fixed Assets
671221341701832227057228471,2861,4761,5971,806
Gross Block
1001641842302593139031,0351,2731,7702,1282,463–
Accumulated Depreciation
334350607591199313426483652866–
CWIP
2014641356189918
Investments
79377796184208346397398496765552650
Other Assets
2322722773363524504434881,0041,0281,0391,1121,232
Total Assets
3794314886067268841,5061,6122,2552,8283,2893,2713,706

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
–––83157107272244218372585687
Cash from Investing Activity
–––-84-93-67-161-116-299-47-250129
Cash from Financing Activity
–––0-53-44-112-116118-355-319-768
Net Cash Flow
–––-110-4-11238-301648

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
1112232106867
Inventory Days
196215219219207234221295278265266223
Days Payable
778577861041271072101401209679
Cash Conversion Cycle
12013114413410511011795144153176151
Working Capital Days
547370574756331333474752
ROCE %
–40%35%32%40%37%25%10%20%24%20%20%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
74.20%74.20%74.20%74.20%74.17%74.16%74.16%71.95%71.93%71.88%71.87%71.86%
FIIs
3.22%2.80%2.61%2.33%2.69%2.68%3.05%3.39%3.43%3.46%3.65%3.88%
DIIs
4.93%5.29%5.72%6.10%5.98%6.02%5.59%7.00%7.18%7.36%7.39%7.36%
Public
17.65%17.72%17.45%17.36%17.16%17.13%17.19%17.64%17.47%17.30%17.09%16.90%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Metro Brands Not Identified as Large Corporate as of March 31, 2026

9th April 2026, 10:19 pm

Metro Brands Files Quarterly SEBI Compliance for Share Dematerialization

9th April 2026, 8:56 pm

Metro Brands Reaffirms 'AA' Long-Term Credit Rating with Stable Outlook

3rd April 2026, 4:22 pm

Metro Brands Receives Independent ESG Rating of 67.7 for FY 2024-25

30th March 2026, 8:12 pm

Metro Brands Closes Trading Window from April 1, 2026, Ahead of Q4 FY26 Results

25th March 2026, 6:25 pm

Published by Other Websites

External media mentions & references

India Consumer Sales to Grow, But Inflation Squeezes Margins: PL Capital

15th April 2026, 12:12 pm

Metro Brands: Motilal Oswal Reiterates Buy, Sets Rs 1215 Target

3rd April 2026, 11:35 am

Bata Targets Doubling India Business in 5 Years, Eyes Revival

2nd April 2026, 2:13 pm

HDFC Sec Upgrades Metro Brands to 'Buy', Targets 18% Upside

17th March 2026, 2:05 pm

Metro Brands Rebounds: Analyst Upgrades to Overweight on Strong Q3 Growth

11th March 2026, 9:27 am

News Articles

Editorial & research coverage

Dividend Surge: 12 Stocks Go Ex-Dividend Feb 3; Top Payouts Revealed
Dividend Surge: 12 Stocks Go Ex-Dividend Feb 3; Top Payouts Revealed

2nd February 2026, 9:08 am

Metro Brands Q3 Growth Sparks Divergent Analyst Views
Metro Brands Q3 Growth Sparks Divergent Analyst Views

30th January 2026, 9:16 pm

JM Financial's Sector Bets: Growth Drivers & Risks Unpacked
JM Financial's Sector Bets: Growth Drivers & Risks Unpacked

29th January 2026, 12:13 pm

Metro Brands Soars 5% on Strong Q3 Earnings; Brokerages Bullish
Metro Brands Soars 5% on Strong Q3 Earnings; Brokerages Bullish

29th January 2026, 10:12 am

Metro Brands Q3 Profit Jumps, Valuation Under Scrutiny
Metro Brands Q3 Profit Jumps, Valuation Under Scrutiny

28th January 2026, 12:45 pm

Documents

Announcements

Closure of Trading Window
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

11 Dec - Allotment of 39,771 equity shares under the Metro Stock Option Plan ("ESOP 2008")

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

19 Nov 2025 - Metro Brands investor meeting (Avendus Spark INDX) on Nov 18, 2025; institutional investors attended.

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

13 Nov 2025 - Nov 13, 2025 investor meeting at Anand Rathi G200 Summit attended by eight institutional investors.

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

13 Nov 2025 - Allotment of 49,061 equity shares under Metro Stock Option Plan ("ESOP 2008")

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2022

(from nse)

Credit Ratings

Rating update

25 Mar 2025 from care

Rating update

4 Apr 2024 from care

Rating update

29 Mar 2022 from care

Rating update

7 Apr 2021 from care

Rating update

7 Apr 2021 from care

Rating update

31 Mar 2020 from care

Concalls

Oct 2025

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Stock Analysis

Description

  1. Metro Brands Limited is one of the largest Indian footwear & accessories specialty retailers, offering a one-stop shop for branded products for the entire family. It caters to men, women, and children for both casual and formal occasions.

Key Growth Triggers

  1. The company's extensive network of stores across India, loyalty program with over 18 million members, and partnerships with global brands like Clarks and Foot Locker are key growth drivers. It also focuses on expanding its multi-brand retail concepts.

Corporate Announcements

9th Apr 26
Impact Rating: 6
Metro Brands Limited has informed exchanges on April 9, 2026, that it does not meet the criteria to be identified as a "Large Corporate" as per SEBI's debt fundraising circular for the financial year ending March 31, 2026.
9th Apr 26
Impact Rating: 5
Metro Brands has submitted a SEBI compliance certificate detailing share dematerialization activities for the quarter ending March 31, 2026, with the Registrar and Share Transfer Agent confirming the process.
3rd Apr 26
Impact Rating: 7
Metro Brands' long-term bank facilities reaffirmed 'AA' and short-term 'A1+' by CareEdge Ratings, maintaining a stable outlook for its enhanced ₹56.00 crore facilities.
30th Mar 26
Impact Rating: 6
Metro Brands Limited announced it has received an independent ESG rating of 67.7 for FY 2024-25 from SES ESG Research. The agency independently prepared its report using publicly available company data, without prior engagement by Metro Brands.
25th Mar 26
Impact Rating: 6
Metro Brands will shut its trading window from April 1, 2026, and will reopen it 48 hours post declaration of Q4 FY26 financial results as per SEBI norms.