Metro Brands
- 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 OctQ2 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.
- 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.
- 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.
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- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE AA / CARE A1+ | Stable | 2 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 2 Apr 2026 | Reaffirmed | CARE AA / CARE A1+ | — | CARE | ₹ 56 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 15 Oct 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 4 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 20 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 27 Jan 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended December 31, 2025, dividend and other business matters |
| 16 Oct 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 7 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 636 | 583 | 576 | 585 | 703 | 643 | 628 | 651 | 811 | 773 | 720 | 730 |
| Expenses | 437 | 424 | 396 | 431 | 478 | 446 | 434 | 480 | 546 | 535 | 506 | 533 |
| Operating Profit | 199 | 159 | 180 | 155 | 225 | 197 | 194 | 171 | 265 | 238 | 215 | 197 |
| OPM % | 31% | 27% | 31% | 26% | 32% | 31% | 31% | 26% | 33% | 31% | 30% | 27% |
| Other Income | 16 | 26 | 23 | 24 | 24 | 23 | 29 | 28 | 17 | 32 | 27 | 23 |
| Interest | 20 | 20 | 21 | 22 | 23 | 24 | 24 | 29 | 29 | 29 | 30 | 30 |
| Depreciation | 59 | 59 | 60 | 62 | 66 | 70 | 69 | 78 | 80 | 84 | 85 | 88 |
| Profit before tax | 136 | 105 | 123 | 94 | 160 | 126 | 131 | 91 | 173 | 157 | 127 | 103 |
| Tax % | 28% | −48% | 25% | 24% | 41% | 24% | 24% | 24% | 25% | 25% | 25% | 25% |
| Net Profit | 99 | 156 | 92 | 72 | 95 | 95 | 99 | 69 | 130 | 118 | 95 | 77 |
| EPS in Rs | 3.6 | 5.71 | 3.37 | 2.56 | 3.48 | 3.48 | 3.62 | 2.49 | 4.71 | 4.28 | 3.44 | 2.78 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 14%
- 5 Years
- 29%
- 3 Years
- 10%
- TTM
- 16%
- 10 Years
- 17%
- 5 Years
- 44%
- 3 Years
- 5%
- TTM
- 17%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- −9%
- TTM
- —
- 10 Years
- 21%
- 5 Years
- 22%
- 3 Years
- 22%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Metro Brands | ₹ 816.80 | ₹ 22,350 Cr. | 54.3x | 11.7x | 22% | — |
| Trent | ₹ 2,715.85 | ₹ 1,44,818 Cr. | 86.8x | 21.7x | 27.6% | 8.6% |
| Aditya Birla Lifestyle Brands | ₹ 70.64 | ₹ 8,615 Cr. | 27.5x | 8.2x | — | 2% |
| Brainbees Solutions | ₹ 164.10 | ₹ 8,568 Cr. | — | 2.1x | −2.9% | −2.4% |
| Vedant Fashions | ₹ 482.95 | ₹ 11,734 Cr. | 25.8x | 4.9x | 20% | 26.2% |
| V2 Retail | ₹ 163.10 | ₹ 591 Cr. | 51.7x | 8.9x | 26% | 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.