Metro Brands

NSE: METROBRANDBSE: 543426
Compare with peers
₹ 816.80▼ 26.6 (−3.15%)28 Oct, 03:29 pm IST
Market cap
₹ 22,350 Cr.
P/E
54.3x
P/B
11.69x
52-week range
793.65 – 1,224.5
ROE
22%
ROCE
20%
Dividend yield
0.7%
Debt / equity
0.79
Sector
Consumer Durables
Industry
Footwear
Listed on
NSE, BSE

About

Metro Brands Limited is an India-based footwear, bag, and accessories specialty retailer. The Company retails a range of branded products for men, women, unisex and kids, and for every occasion, including casual and formal events. The Company offers products under its own brands, such as Metro, Mochi, Walkway, Da Vinchi, and J. Fontini, as well as other third-party brands such as Crocs, FitFlop, Proline, and FILA. The Company operates approximately 908 stores across 193 cities spread across 31 states and union territories in India. The Company also offers accessories, such as belts, bags, socks, masks, wallets, and foot and shoe care products. It distributes its products through its websites, various e-commerce marketplaces as well as through social media platforms. Its retail operations are carried out through its stores and distributors as well as through online channels. The Company's subsidiaries include Metmill Footwear Private Limited and Metro Atleisure Limited.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Footwear: 12 companies →

Metro Brands against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)54.3 against a typical 49.1: pricier than most peers (1st = cheapest).10th of 12
  • Sales growth+12.1% against a typical +3.9% from a year earlier.4th of 11
  • Profit growth+11.6% against a typical +12.2% from a year earlier.7th of 11
  • Share price, 3 months−20.9% against a typical −15%.9th of 12
  • Size₹ 22,350.2 Cr. market value against a typical ₹ 612.1 Cr. (1st = largest).1st of 11

Latest announcements

Exchange filings and their impact on the company.

  • 23 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesMedium impactPositivePrice −1.7% on 26 Oct
    Q2 sales grew 12% with margins up, but higher staff, rental and marketing costs plus BIS delays cap near-term profit growth.

    Metro Brands reported Q2 FY27 consolidated revenue of Rs 730 crore, up 12.2%, with EBITDA up 15.9% to Rs 198 crore and margin at 27.1%, while PAT grew about 11% to Rs 77 crore. Management said festive demand shifting to Q3 masked about 2.5-3.5% growth and added 34 stores in H1 to reach 1,053 stores, but flagged higher rentals, minimum-wage staff costs, 4% marketing spend and BIS supply issues for Foot Locker, FILA and MetroActiv. Clarks exclusive stores are now expected in H2 FY27 and FILA expansion from FY28, with inventory normalisation targeted by mid to end of next fiscal year.

    Filing
  • 15 Oct 2026Outcome of Board MeetingMedium impactPositivePrice +0.2% on 16 Oct
    Q2 FY27 revenue up 12% and PAT up 12% keeps double-digit growth intact with stable 30% margins.

    Metro Brands reported Q2 FY27 consolidated revenue of Rs 730.27 crore, up about 12% from Rs 651.14 crore last year, with net profit of Rs 77.28 crore versus Rs 68.98 crore. For the first half, revenue was Rs 1,450.63 crore and net profit was Rs 172.54 crore, with operating margins around 30%. The steady growth with stable margins and continued store-led inventory build supports moderate earnings and net-worth expansion over the next year.

    Filing
  • 15 Oct 2026UpdatesLow impactNegativePrice −0.2% that day
    Metro Brands reported a cybersecurity breach under containment with no material loss found yet.

    Metro Brands said on October 15, 2026 that it found unauthorised activity in its IT infrastructure, including its Active Directory, involving suspected privileged access and malicious communications. The company has started containment with cybersecurity partners, engaged specialist investigators, and notified CERT-In. Based on early checks it sees no material financial loss so far, but the extent of any data exposure or operational impact is still under investigation.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA by CARE
AA
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CARECARE AA / CARE A1+Stable2 Apr 2026
Credit rating actions
RatingDetails
2 Apr 2026
Reaffirmed
CARE AA / CARE A1+—CARE₹ 56 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
15 Oct 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2026 and other business matters
4 Aug 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
20 May 2026Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
27 Jan 2026Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025, dividend and other business matters
16 Oct 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2025 and other business matters
7 Aug 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2025 and other business matters

Share price

1Y change −30.63%
0 of 3 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales636583576585703643628651811773720730
Expenses437424396431478446434480546535506533
Operating Profit199159180155225197194171265238215197
OPM %31%27%31%26%32%31%31%26%33%31%30%27%
Other Income162623242423292817322723
Interest202021222324242929293030
Depreciation595960626670697880848588
Profit before tax1361051239416012613191173157127103
Tax %28%−48%25%24%41%24%24%24%25%25%25%25%
Net Profit991569272959599691301189577
EPS in Rs3.65.713.372.563.483.483.622.494.714.283.442.78

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
14%
5 Years
29%
3 Years
10%
TTM
16%
Compounded Profit Growth
10 Years
17%
5 Years
44%
3 Years
5%
TTM
17%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
−9%
TTM
—
Return on Equity
10 Years
21%
5 Years
22%
3 Years
22%
TTM
—

Shareholding

Latest: Sep 2026.

Promoters
71.78%
−0.08 pts in a year
FIIs
2.76%
−1.12 pts in a year
DIIs
8.67%
+1.31 pts in a year
Public
16.79%
−0.11 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 54.3xEPS (12 months) ₹ 15.21Median P/E 81.8x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Metro Brands₹ 816.80₹ 22,350 Cr.54.3x11.7x22%—
Trent₹ 2,715.85₹ 1,44,818 Cr.86.8x21.7x27.6%8.6%
Aditya Birla Lifestyle Brands₹ 70.64₹ 8,615 Cr.27.5x8.2x—2%
Brainbees Solutions₹ 164.10₹ 8,568 Cr.—2.1x−2.9%−2.4%
Vedant Fashions₹ 482.95₹ 11,734 Cr.25.8x4.9x20%26.2%
V2 Retail₹ 163.10₹ 591 Cr.51.7x8.9x26%5.3%

Management

Alisha Rafique Malik
President, Whole-Time Director
Nissan Joseph
Chief Executive Officer
Kaushal Khodidas Parekh
Chief Financial Officer
Mohit Dhanjal
Chief Operating Officer
Deepa Sood
Senior Vice President - Legal, Compliance Officer, Company Secretary
Harshvardhan Chauhan
Chief Marketing Officer
Farah Malik Bhanji
Managing Director, Executive Director
Mohammed Iqbal Hasanally Dossani
Whole-Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.