Overview

Detailed Summary

Metro Brands Limited is a leading Indian retail company specializing in footwear and accessories, operating under both own and third-party brand names like Metro, Mochi, Crocs, and Clarks. They provide products for men, women, and children across casual, formal, and sports categories.
The company recorded a 12.2% revenue growth in 9M FY26, driven by the expansion of its physical store network and growing e-commerce sales, which now contribute 13.2% to total revenue.
Metro Brands' strategic alliance with renowned brands like Clarks and Foot Locker positions it advantageously in the premium segment, enhancing their market presence in India and across select international regions.
A recent capacity expansion includes the launch of MetroActiv stores, which target the booming athletic and sportswear segment, catering to India's increasing demand for specialized sports products.
Metro Brands exhibits strong financial performance with a 30.2% EBITDA margin and consistent profitability, underpinning its sustained growth trajectory through strategic store expansions and brand diversification.

Sector: Leather
Industry: Leather / Synthetic Footware - Large
Market Cap: 25,676 Cr
Volatility: Low Risk
P/E Ratio: 66.3
Industry P/E: 57.9
PEG Ratio: 4.0
P/B Ratio: 14.1
52W High: 1,340.00
52W Low: 890.30

Sales CAGR

1Y: 6.39%
3Y: 23.12%
5Y: 15.16%
10Y: —

Profit CAGR

1Y: -14.68%
3Y: 18.96%
5Y: 18.14%
10Y: —

ROE

TTM: 19.57%
3Y: 22.30%
5Y: 19.82%
10Y: 21.14%

ROCE

TTM: 18.71%
3Y: 21.31%
5Y: 19.45%
10Y: 21.20%

Technicals

‌

Forecasts

Unlock Premium Features

Analyst Target, Price, EPS and Revenue Projections

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
METROBRAND	944.90	25,676 Cr	66.29	14.13	2.12	19.57	18.71	10.40
CAMPUS	236.95	9,916 Cr	57.37	23.16	0.00	28.18	26.02	15.50
BATAINDIA	718.10	9,244 Cr	51.89	6.06	2.64	12.20	12.52	4.82
RELAXO	304.70	7,583 Cr	45.21	3.59	0.98	8.26	11.01	5.85
MIRZAINT	31.95	438 Cr	53.25	0.76	0.00	-0.95	0.82	1.10
LIBERTSHOE	225.20	384 Cr	60.05	1.68	0.00	5.83	8.25	2.25

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

Ask AI

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	556	636	583	576	585	703	643	628	651	811
Expenses	400	437	424	396	431	478	446	434	480	546
Operating Profit	155	199	159	180	155	225	197	194	171	265
OPM %	27.96	31.31	27.21	31.31	26.44	32.01	30.68	30.86	26.22	32.66
Other Income	16	16	24	23	23	23	23	29	28	17
Interest	20	20	20	21	22	23	24	24	29	29
Depreciation	57	59	59	60	62	66	70	69	78	80
Profit Before Tax	95	136	104	123	94	159	126	131	91	173
Tax %	29.10	27.86	-49.03	25.12	23.93	40.74	24.46	24.48	24.30	24.52
Net Profit	67	98	154	92	71	94	95	99	69	130
EPS in Rs	2.43	3.57	5.68	3.35	2.55	3.46	3.47	3.61	2.48	4.70

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	1,085	1,217	1,285	800	1,343	2,496	2,774	2,507	2,507
Expenses	849	973	932	627	934	1,448	1,657	1,750	1,750
Operating Profit	236	244	353	173	409	1,048	1,117	757	757
OPM %	21.78	20.07	27.44	21.58	30.47	41.98	40.27	30.21	30.21
Other Income	8.91	17	26	78	59	54	71	95	93
Interest	0.41	0.61	40	45	50	63	79	90	90
Depreciation	20	23	121	122	134	181	229	258	258
Profit Before Tax	215	238	218	85	283	489	462	504	502
Tax %	33.99	33.77	26.87	22.82	24.79	25.71	10.80	29.61	29.68
Net Profit	142	158	160	65	213	363	412	354	353
EPS in Rs	—	—	—	—	7.99	13.31	15.08	12.82	14.25
Dividend Payout %	157.44	50.69	50.85	61.73	28.20	30.17	33.09	155.76	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	15	133	133	133	136	136	136	136
Reserves	562	554	675	695	1,129	1,412	1,728	1,573
Borrowings	5.99	9.86	549	567	692	943	1,098	1,227
Other Liabilities	189	249	261	265	348	416	391	398
Total Liabilities	772	946	1,617	1,659	2,305	2,906	3,353	3,334
Fixed Assets	185	223	708	724	848	1,302	1,482	1,602
CWIP	6.01	4.07	13	4.54	6.19	18	9.30	9.38
Investments	185	210	348	400	401	478	750	550
Other Assets	397	509	548	532	1,050	1,109	1,111	1,173
Total Assets	772	946	1,617	1,659	2,305	2,906	3,353	3,334

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	155	104	273	265	220	381	590	698
Cash from Investing Activity	-94	-67	-163	-122	-301	-52	-251	122
Cash from Financing Activity	-50	-41	-112	-127	116	-359	-323	-773
Net Cash Flow	10	-3.66	-1.03	16	35	-30	16	47

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	74.21%	74.20%	74.21%	74.17%	74.16%	74.15%	71.96%	71.93%	71.88%	71.87%	71.86%	71.83%
FIIs	2.80%	2.61%	2.33%	2.68%	2.68%	3.05%	3.39%	3.42%	3.46%	3.66%	3.89%	3.82%
DIIs	5.28%	5.73%	6.09%	5.97%	6.02%	5.60%	7.00%	7.19%	7.36%	7.45%	7.36%	7.51%
Public	17.72%	17.45%	17.37%	17.17%	17.14%	17.20%	17.66%	17.46%	17.31%	17.02%	16.90%	16.84%
Total Shareholders	67,785	63,451	62,690	58,872	62,653	64,470	71,258	68,342	67,176	64,907	61,324	60,189

Market Transactions

Unlock Premium Features

Analyst Target, Price, EPS and Revenue Projections

Projection

Unlock Premium Features

Get In-depth insights on EPS and Revenue forecasts

Documents

Presentations

Concalls

Reports

Presentations

Investor Presentation

Q3 FY26

Investor Presentation

Q2 FY26

Investor Presentation

Q1 FY26

Available on Pro Plan