Metro Brands

What does Metro Brands do?

Metro Brands Ltd is a large-cap footwear company based in India, originally founded in 1977. As of March 2025, it reported net sales of ₹643 crore and a net profit of ₹95 crore, with a market cap of ₹33,274 crore.

Overview:<BR>Metro Brands Ltd operates in the footwear industry and is categorized as a large-cap company.<BR><BR>History:<BR>Metro Brands Limited was originally incorporated as Metro Shoes Private Limited on 19 January 1977 in Mumbai, Maharashtra. The company underwent several name changes, becoming a Private Limited Company on 16 October 2002, then changing to Metro Shoes Limited on 21 March 2007. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 643 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 95 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 33,274 Cr (Large Cap)<BR><BR>Key Metrics:<BR>P/E: 95.00 <BR>Industry P/E: 68 <BR>Dividend Yield: 1.61% <BR>Debt-Equity: 0.35 <BR>Return on Equity: 20.51% <BR>Price to Book: 19.49 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

Who are in the management team of Metro Brands?

As of March 2023, the management team of Metro Brands includes Rafique A Malik (Executive Chairman), Farah Malik Bhanji (Managing Director), and Mohammed Iqbal Hasanally Dossani (Whole-time Director), along with several Independent Directors. This team is responsible for the company's governance and strategic direction.

As of March 2023, the management team of Metro Brands includes the following individuals:<BR><BR>1. Rafique A Malik - Executive Chairman<BR>2. Farah Malik Bhanji - Managing Director<BR>3. Mohammed Iqbal Hasanally Dossani - Whole-time Director<BR>4. Utpal Seth - Nominee<BR>5. Deepa Sood - Vice President & Company Secretary<BR><BR>Additionally, there are several Independent Directors on the board:<BR>- M K Maheshwari<BR>- A B Advani<BR>- Arvind Kumar Singhal<BR>- Vikas Vijaykumar Khemani<BR>- Srikanth Ramakrishna Velamakanni<BR>- Mithun Padamchand Sacheti<BR><BR>This team plays a crucial role in the governance and strategic direction of the company.

Who are the peers of the Metro Brands?

Metro Brands' peers include Bata India, Relaxo Footwear, Campus Activewear, Redtape, Liberty Shoes, Sreeleathers, Khadim India, and Lehar Footwears. Most peers show Below Average growth and management risk, with Redtape exhibiting Excellent growth and Lehar Footwears having the highest 1-year return at 96.18%.

Peers: The peers of Metro Brands are Bata India, Relaxo Footwear, Campus Activewe., Redtape, Liberty Shoes, Sreeleathers, Khadim India, and Lehar Footwears.<BR><BR>Quality Snapshot: Excellent management risk is observed at Relaxo Footwear, while Good management risk is found at Metro Brands, Bata India, Campus Activewe., and Redtape, and Average management risk is seen at Liberty Shoes and Lehar Footwears, with Below Average management risk at Sreeleathers and Khadim India. All peers exhibit Below Average growth except for Redtape, which has Excellent growth, and Lehar Footwears, which shows Good growth; the rest have Below Average growth. Capital Structure is Excellent for Relaxo Footwear and Sreeleathers, Good for Metro Brands, Bata India, Campus Activewe., and Average for Redtape, while Liberty Shoes and Khadim India have Below Average capital structures.<BR><BR>Return Snapshot: Lehar Footwears has the highest 1-year return at 96.18%, while Relaxo Footwear has the lowest at -44.37%; Metro Brands' 1-year return of 5.25% is better than Relaxo Footwear's but lower than Lehar Footwears'. Additionally, several peers, including Bata India, Relaxo Footwear, Redtape, Sreeleathers, and Khadim India, have negative six-month returns.

Is Metro Brands overvalued or undervalued?

As of December 24, 2021, Metro Brands is considered very expensive and overvalued with a high PE ratio of 95.29 and other elevated valuation metrics compared to its peers, despite a recent stock return of 17.47%.

As of 24 December 2021, the valuation grade for Metro Brands moved from does not qualify to very expensive. The company is currently overvalued, as indicated by its high PE ratio of 95.29, a Price to Book Value of 19.55, and an EV to EBITDA ratio of 44.90. These figures suggest that the stock is trading at a significant premium compared to its earnings and book value.<BR><BR>In comparison to its peers, V-Guard Industries Ltd. has a more reasonable PE ratio of 52.15 and EV to EBITDA of 31.99, while Bata India Ltd. shows a PE of 67.63 and an EV to EBITDA of 22.33, both indicating that Metro Brands is trading at much higher multiples. Additionally, despite a recent stock return of 17.47% over the past month, which outperformed the Sensex's 3.81%, the overall valuation metrics suggest that Metro Brands is not justified at its current price level.

Who are the top shareholders of the Metro Brands?

The top shareholders of Metro Brands include the Aziza Malik Family Trust with 28.08%, Rekha Rakesh Jhunjhunwala at 4.79%, and individual investors with 16.89%. Additionally, mutual funds hold 7.0% and foreign institutional investors hold 3.46%, with no pledged promoter holdings reported.

The top shareholders of Metro Brands include the Aziza Malik Family Trust, which holds the largest stake at 28.08%. Other significant shareholders are Rekha Rakesh Jhunjhunwala, who is the highest public shareholder with a 4.79% stake, and individual investors collectively holding 16.89%. Additionally, the company has mutual funds holding 7.0% across 19 schemes and foreign institutional investors (FIIs) holding 3.46% through 77 FIIs. There are no pledged promoter holdings reported.

How big is Metro Brands?

As of 24th July, Metro Brands Ltd has a market capitalization of 32,972.00 Cr, with recent net sales of 2,507.39 Cr and a net profit of 350.61 Cr over the latest four quarters.

As of 24th July, <BR><BR>Market Cap: Metro Brands Ltd has a market capitalization of 32,972.00 Cr and is classified as a Large Cap company. <BR><BR>Recent Quarterly Performance: For the latest four quarters, Metro Brands reported Net Sales of 2,507.39 Cr and a Net Profit of 350.61 Cr. <BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2024, with Shareholder's Funds amounting to 1,863.71 Cr and Total Assets totaling 3,316.43 Cr.

How has been the historical performance of Metro Brands?

Metro Brands has shown consistent growth in net sales and profits, with net sales rising from 800.06 Cr in Mar'21 to 2,507.39 Cr in Mar'25, and operating profit increasing to 850.43 Cr in Mar'25. However, profit after tax fluctuated, peaking at 412.45 Cr in Mar'24 before dropping to 352.83 Cr in Mar'25, while EPS decreased from 15.17 to 12.88 in the same period.

Answer:<BR>The historical performance of Metro Brands shows a consistent growth trajectory in net sales and profits over the years.<BR><BR>Breakdown:<BR>Metro Brands has demonstrated significant growth in net sales, increasing from 800.06 Cr in Mar'21 to 2,507.39 Cr in Mar'25. The total operating income followed a similar trend, rising from 800.06 Cr in Mar'21 to 2,507.39 Cr in Mar'25. The company's operating profit (PBDIT) also saw a substantial increase, reaching 850.43 Cr in Mar'25 from 250.01 Cr in Mar'21. However, the profit after tax showed some fluctuations, peaking at 412.45 Cr in Mar'24 before dropping to 352.83 Cr in Mar'25. Despite this, the earnings per share (EPS) reached 12.88 in Mar'25, down from 15.17 in Mar'24. On the balance sheet, total liabilities increased from 1,605.03 Cr in Mar'20 to 3,300.47 Cr in Mar'25, while total assets also rose significantly, reflecting the company's growth. Cash flow from operating activities improved to 697.00 Cr in Mar'25, indicating a strong operational performance. Overall, Metro Brands has shown a robust financial performance with increasing revenues and profits, although there are some variations in net profit and EPS in recent years.

Is Metro Brands technically bullish or bearish?

As of December 2, 2025, the technical trend is neutral with weak bullish signals from daily moving averages, but overall bearish indicators from weekly MACD and Bollinger Bands, suggesting the stock has underperformed against the Sensex.

As of 2 December 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with weak bullish signals from daily moving averages, but overall bearish indicators from the weekly MACD, Bollinger Bands, and KST. The weekly Dow Theory shows a mildly bullish stance, but the monthly indicators do not confirm a clear trend. The stock has underperformed against the Sensex over multiple time frames, indicating weakness.

When is the next results date for Metro Brands Ltd?

The next results date for Metro Brands Ltd is January 27, 2026.

The next results date for Metro Brands Ltd is scheduled for January 27, 2026.

Are Metro Brands Ltd latest results good or bad?

Metro Brands Ltd's latest results show an 11.22% increase in net sales to ₹651.14 crores, but profitability has declined sharply, with net profit down 31.29% quarter-on-quarter and operating margins contracting significantly. Overall, while revenue growth is positive, the substantial drop in profitability raises concerns about the company's financial health.

Metro Brands Ltd's latest results indicate a mixed performance, characterized by both growth in net sales and significant challenges in profitability. In the most recent quarter, net sales increased by 11.22% year-on-year to ₹651.14 crores, which is a positive sign of top-line expansion. However, this growth was overshadowed by a sharp contraction in operating profit margins, which fell from 30.86% in the previous quarter to 26.22%. <BR><BR>The net profit also saw a concerning decline of 31.29% quarter-on-quarter, dropping to ₹67.69 crores, which raises questions about the company's ability to maintain profitability amid rising costs and margin pressures. The deterioration in profitability metrics, including a decrease in the PAT margin from 15.73% to 10.59%, highlights operational challenges that the company is currently facing.<BR><BR>While the company maintains a strong return on equity (ROE) of 19.57%, the significant margin compression and rising operational costs suggest that the outlook may be cautious. Overall, while there are positive aspects such as revenue growth, the substantial decline in profitability metrics indicates that the latest results are more concerning than favorable.

Should I buy, sell or hold Metro Brands Ltd?

Has Metro Brands Ltd declared dividend?

Yes, Metro Brands Ltd has declared a dividend of 60% with an ex-date of February 2, 2026, resulting in a dividend yield of 1.93%. Total returns have varied, showing declines in the short term but significant gains over longer periods.

Metro Brands Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 60%<BR>- Ex-date: 02 Feb 26<BR><BR>Dividend Yield: 1.93%<BR><BR>Total Returns by Period:<BR>In the 3-month period, the price return was -9.69%, the dividend return was 0.27%, resulting in a total return of -9.42%.<BR><BR>In the 6-month period, the price return was -15.68%, the dividend return was 0.46%, leading to a total return of -15.22%.<BR><BR>For the 1-year period, the price return was -14.21%, the dividend return was 1.54%, culminating in a total return of -12.67%.<BR><BR>Over the 2-year period, the price return was -10.52%, the dividend return was 2.02%, resulting in a total return of -8.5%.<BR><BR>In the 3-year period, the price return was 33.57%, the dividend return was 3.25%, producing a total return of 36.82%.<BR><BR>For the 4-year period, the price return was 67.59%, the dividend return was 5.70%, leading to a total return of 73.29%.<BR><BR>In the 5-year period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>Overall, while Metro Brands Ltd has declared a significant dividend, the total returns over various periods show a mixed performance, with notable declines in the shorter terms and substantial gains in the longer terms. The dividend yield indicates a modest return relative to the stock price.

Why is Metro Brands Ltd falling/rising?

As of 16-Mar, Metro Brands Ltd's stock price is Rs 907.00, down 2.55%, with a year-to-date decline of 24.40%. The stock is underperforming its sector and trading below key moving averages, indicating a bearish trend despite some positive management metrics.

As of 16-Mar, Metro Brands Ltd's stock price is falling, currently at Rs 907.00, reflecting a decrease of Rs 23.7 or 2.55%. This decline is evident in several performance metrics. Over the past week, the stock has dropped by 4.69%, and in the last month, it has seen a significant fall of 15.11%. Year-to-date, the stock has decreased by 24.40%, which is notably worse than the benchmark Sensex, which has only declined by 11.40% during the same period.<BR><BR>The stock is also close to its 52-week low, being just 1.84% away from Rs 890.3. Today's performance indicates that it has underperformed its sector by 1.3%, and it has experienced consecutive losses over the last two days, totaling a decline of 4.58%. The stock reached an intraday low of Rs 896.15, marking a 3.71% drop.<BR><BR>Additionally, Metro Brands is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. Investor participation has also decreased, with delivery volume falling by 23.68% compared to the 5-day average, indicating reduced interest from investors. <BR><BR>While there are some positive factors, such as high management efficiency and strong quarterly growth in profit after tax and net sales, these have not been sufficient to counteract the overall negative sentiment surrounding the stock. The company has shown poor long-term growth, with operating profit increasing at only 13.42% annually over the last five years, and its return on capital employed (ROCE) suggests an expensive valuation relative to its peers. Furthermore, the stock has consistently underperformed against the benchmark over the last three years, contributing to the current downward trend.

Which are the latest news on Metro Brands?