Metro Brands Limited
NSE: METROBRAND · Footwear · sector
Key numbers
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 10 companies in Footwear (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹698 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 5.8x in the last 12 months.
- Operating cash flow was below net profit in 0 of the last 5 years.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 23% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹805.20 on 2026-10-26: -34.2% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 703 | 643 | 628 | 7 | 811 | 773 | 720 | 730 |
| EBITDA | 225 | 197 | 194 | 2 | 265 | 238 | 215 | 197 |
| OPM % | 32.0% | 30.7% | 30.9% | 26.3% | 32.7% | 30.8% | 29.8% | 27.0% |
| Other income | 23 | 23 | 29 | 0 | 16 | 31 | 26 | 23 |
| Net profit | 95 | 95 | 99 | 1 | 128 | 117 | 94 | 76 |
| EPS (₹) | 3.48 | 3.48 | 3.62 | 2.49 | 4.71 | 4.28 | 3.44 | 2.78 |
| Revenue YoY | +15.4% | +20.3% | +14.7% | +11,117.7% | ||||
| Profit YoY | +35.7% | +23.1% | -4.8% | +11,042.6% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,343 | 2,127 | 2,357 | 2,507 | 2,864 | 3,035 |
| EBITDA | 409 | 679 | 700 | 757 | 867 | 915 |
| Net profit | 212 | 361 | 413 | 351 | 411 | 415 |
| EPS (₹) | 8.01 | 13.31 | 15.18 | 12.89 | 15.10 | 15.21 |
| Revenue growth | +58.4% | +10.8% | +6.4% | +14.2% | +53.2% | |
| Profit growth | +70.8% | +14.1% | -15.0% | +17.3% | +43.7% | |
| Dividend / share (₹) | 1.50 | 3.25 | 4.25 | 5.25 | 5.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +10.4% | – | +53.2% |
| Net profit | +4.4% | – | +43.7% |
| EPS | +4.3% | – | – |
| Share price | – | -15.4% (2y) | -25.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,548 | 1,864 | 1,709 | 1,993 |
| Borrowings | – | 2 | 0 | 173 | 0 |
| Cash & equivalents | – | 664 | 847 | 630 | 698 |
| Total assets | – | 2,927 | 3,353 | 3,334 | 4,015 |
| Fixed assets | – | 298 | 350 | 371 | 447 |
| Capital work in progress | – | 17 | 7 | 8 | 14 |
| Investments | – | 1 | 1 | 6 | 17 |
| Receivables | – | 126 | 76 | 91 | 100 |
| Inventory | – | 646 | 710 | 637 | 856 |
| Payables | – | 281 | 257 | 226 | 278 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 220 | 699 | 590 | 698 | 474 |
| Cash from investing | -301 | -369 | -251 | 122 | -100 |
| Cash from financing | 116 | -359 | -323 | -773 | -436 |
| Capex | 48 | 100 | 116 | 87 | 139 |
| Free cash flow | 172 | 599 | 474 | 610 | 335 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 23.4% | 22.1% | 20.5% | 20.6% |
| ROCE % | – | 35.6% | 29.0% | 31.5% | 33.1% |
| Debtor days | – | 22 | 12 | 13 | 13 |
| Inventory days | – | 264 | 262 | 219 | 259 |
| Payable days | – | 115 | 95 | 78 | 84 |
| Cash conversion cycle (days) | – | 171 | 179 | 154 | 188 |
| Working capital days | – | 192 | 184 | 150 | 152 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 71.78% |
| FIIs | 2.76% |
| DIIs | 8.66% |
| of which Mutual funds | 8.04% |
| of which Insurance | 0.50% |
| Government | 0.00% |
| Public (non-institutions) | 16.79% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 71.93% | 71.88% | 71.87% | 71.86% | 71.83% | 71.80% | 71.80% | 71.78% |
| Promoter group | % |
|---|---|
| Aziza Malik Family Trust (Trustee - Farah Malik Bhanji) | 28.04% |
| Rafique Malik Family Trust (Trustee - Farah Malik Bhanji) | 27.65% |
| Alisha Rafique Malik | 2.90% |
| Zarah Malik Family Trust (Trustee - Rafique Abdul Malik) | 1.46% |
| Farah Malik Family Trust (Trustee - Rafique Abdul Malik) | 1.46% |
| Sabina Malik Family Trust (Trustee - Rafique Abdul Malik) | 1.46% |
| Zia Malik Family Trust (Trustee - Rafique Abdul Malik) | 1.46% |
| ZIA Malik Lalji | 1.44% |
| Farah Malik Bhanji | 1.44% |
| Sabina Malik Hadi | 1.44% |
| Zarah Rafique Malik | 1.44% |
| Rafique Abdul Malik | 0.99% |
| Aziza Rafique Malik | 0.50% |
| Rukshana Kurbanali Javeri | 0.09% |
| Mumtaz Jaffer | 0.01% |
| Public holders above 1% | % |
|---|---|
| Aryavir Jhunjhunwala Discretionary Trust (Trustee - Rekha Rakesh Jhunjhunwala) | 4.79% |
| Aryaman Jhunjhunwala Discretionary Trust (Trustee - Rekha Rakesh Jhunjhunwala) | 4.79% |
| Nishtha Jhunjhunwala Discretionary Trust (Trustee - Rekha Rakesh Jhunjhunwala) | 4.79% |
| Kotak Midcap Fund | 3.75% |
| UTI Small CAP Fund | 1.51% |
57,502 shareholders. Pledged: – of promoter shares.
Peers in Footwear
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| METROBRAND | ₹21,951 cr | 52.9x | 10.5x | 39.3% | 32.3% | 30.1% | +10.4% | 0.68% |
| BATAINDIA | ₹8,025 cr | 54.9x | 5.0x | 9.2% | 20.7% | 18.8% | +0.6% | 1.44% |
| RELAXO | ₹7,024 cr | 37.9x | 3.2x | 8.6% | 12.4% | 13.9% | -1.0% | 1.06% |
| REDTAPE | ₹5,740 cr | 23.3x | 5.6x | 27.6% | 28.6% | 18.0% | – | 0.24% |
| CAMPUS | ₹5,739 cr | 37.3x | 6.3x | 18.5% | 24.5% | 16.4% | +6.1% | 0.16% |
| SREEL | ₹613 cr | 18.7x | 1.2x | 6.8% | 8.8% | 14.8% | +7.6% | 0.33% |
| LIBERTSHOE | ₹320 cr | 37.3x | 1.4x | 3.8% | 8.9% | 8.4% | +4.2% | – |
| LEHAR | ₹300 cr | 18.1x | 2.3x | 13.5% | 14.8% | 9.2% | +28.7% | 0.29% |
| KHADIM | ₹221 cr | 79.6x | 1.3x | 1.3% | 10.5% | 12.2% | -17.8% | – |
| KSR | ₹60 cr | – | 0.8x | -10.1% | -8.6% | -2.0% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-04 | Dividend | Dividend - Rs 3 Per Share |
| 2026-02-02 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2025-09-04 | Dividend | Dividend - Rs 2.50 Per Share |
| 2025-03-07 | Dividend | Interim Dividend - Rs 3 Per Share & Special Dividend - Rs 14.50 Per Share |
| 2024-09-12 | Other | Annual General Meeting |
| 2024-09-06 | Dividend | Dividend - Rs 2.25 Per Share |
| 2024-01-31 | Dividend | Interim Dividend - Rs 2.75 Per Share |
| 2023-09-06 | Other | Annual General Meeting |
| 2023-09-01 | Dividend | Dividend - Rs 1.50 Per Share |
| 2023-01-27 | Dividend | Interim Dividend - Rs 2.50 Per Share |
| 2022-08-29 | Dividend | Annual General Meeting/Dividend - Re 0.75 Per Share |
| 2022-03-16 | Dividend | Interim Dividend - Rs 1.50 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Retail sale: Retailer in fashion footwear, bags & accessories
| Sector | Consumer Discretionary |
| Industry | Footwear |
| Sub-industry | Footwear |
| Symbol | METROBRAND |
| BSE code | 543426 |
| ISIN | INE317I01021 |
| Face value | ₹5.0 |
| Incorporated | 1977-01-19 |
| Website | https://metrobrands.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.