Metro Brands Ltd
METROBRAND NSE
Metro Brands Ltd
Consumer GoodsNSE: METROBRAND BSE: 543426 Footwear
Key Fundamentals
SmallcapFootwearConsumer GoodsMarket Cap
₹26,299 Cr
Volatility
Moderate
P/E Ratio
63.66
EBITDA
₹867 Cr
Return on Equity
20.4%
Debt to Equity
0.79
Book Value
₹73.13
EPS
₹15.13
52W High
₹1,340.4
52W Low
₹883
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Metro Brands Ltd insights
37 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company has been maintaining a healthy dividend payout of 76.0%
Weaknesses
2- Stock is trading at 13.2 times its book value
- Working capital days have increased from 85.8 days to 147 days
Growth Rate
Revenue Growth
10.12% ↗
Net Income Growth
14.84% ↗
Cash Flow Change
18.21% ↗
ROE
-7.06% ↗
ROCE
11.24% ↗
EBITDA Margin (Avg.)
-10.67% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 3d agoAI opinion · based on fundamentals
Risk high
Metro Brands Ltd is a premium footwear retailer with a market cap of ₹26,618 Cr trading at a PE of 64.8x and PB of 13.4x. The company delivers consistent ROE of 22% with TTM sales growth of 15%, but the stock has declined 14% over the past year amid rising working capital days and elevated valuations.
Bull Case 7
- Consistent ROE of 22% maintained over 3-year, 5-year, and 10-year periods, indicating durable capital efficiency
- TTM sales growth of 15% shows continued revenue momentum in the current period
- TTM profit growth of 14% demonstrates sustained earnings expansion
- 5-year compounded sales CAGR of 29% reflects strong long-term top-line scaling
- 5-year compounded profit CAGR of 44% indicates significant operating leverage and margin expansion over the medium term
- Healthy dividend payout ratio of 76.0% signals shareholder-friendly capital allocation and management confidence in cash flows
- 10-year compounded profit growth of 17% demonstrates the company's ability to compound earnings through business cycles
Bear Case 8
- PE ratio of 64.8x is significantly elevated relative to broader market averages, leaving limited margin of safety
- Stock trading at 13.4x book value makes it one of the most expensive consumer stocks on a PB basis
- Working capital days have increased from 85.8 days to 147 days, indicating deteriorating cash conversion efficiency
- Stock price has declined 14% over the past 1 year, underperforming broader market indices
- 3-year stock CAGR of -3% shows the market has not rewarded shareholders despite earnings growth
- 3-year compounded profit growth of only 5% suggests a significant deceleration from the 5-year CAGR of 44%
- 3-year compounded sales growth of 10% marks a notable slowdown from the 5-year CAGR of 29%
- Dividend yield of just 0.31% provides minimal income cushion against capital depreciation at current valuations
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 12h ago Headwinds 1
- Q1FY26 net profit dips 5.4% Aug 4
Consolidated net profit fell 5.4% YoY to ₹95.26 crore in Q1FY26 despite revenue growth, signaling margin pressure.
Positives 2
- Revenue up 14.8% YoY Aug 4
Q1FY26 consolidated revenue rose 14.8% YoY to ₹720.36 crore, indicating continued topline momentum and store expansion traction.
- New ESOP schemes approved Aug 4
Board approved new ESOP schemes alongside a final dividend recommendation, reflecting confidence in long-term talent retention and shareholder returns.
Neutral 2
- Q1 earnings call scheduled Jul 28
Metro Brands scheduled its Q1 investor conference call for August 4-5 at 3:30 PM IST to discuss quarterly results under SEBI Listing Regulations.
- New Independent Director appointed Aug 4
Board appointed Sonny Iqbal as Independent Director alongside routine approvals of quarterly results.
TL;DR: Metro Brands delivered strong 14.8% revenue growth in Q1FY26 but profitability slipped 5.4% YoY, suggesting rising costs or investments are compressing margins. The topline momentum is encouraging, but investors should watch whether margin pressure persists in coming quarters or normalizes as operating leverage kicks in.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 583 | 556 | 636 | 583 | 576 | 585 | 703 | 643 | 628 | 651 | 811 | 773 | 720 |
| Expenses | 396 | 400 | 437 | 424 | 396 | 431 | 478 | 446 | 434 | 480 | 546 | 535 | 506 |
| Operating Profit | 187 | 155 | 199 | 159 | 180 | 155 | 225 | 197 | 194 | 171 | 265 | 238 | 215 |
| OPM % | 32% | 28% | 31% | 27% | 31% | 26% | 32% | 31% | 31% | 26% | 33% | 31% | 30% |
| Other Income | 14 | 16 | 16 | 26 | 23 | 24 | 24 | 23 | 29 | 28 | 17 | 32 | 27 |
| Interest | 18 | 20 | 20 | 20 | 21 | 22 | 23 | 24 | 24 | 29 | 29 | 29 | 30 |
| Depreciation | 54 | 57 | 59 | 59 | 60 | 62 | 66 | 70 | 69 | 78 | 80 | 84 | 85 |
| PBT | 128 | 95 | 136 | 105 | 123 | 94 | 160 | 126 | 131 | 91 | 173 | 157 | 127 |
| Tax % | 28% | 29% | 28% | -48% | 25% | 24% | 41% | 24% | 24% | 24% | 25% | 25% | 25% |
| Net Profit | 94 | 68 | 99 | 156 | 92 | 72 | 95 | 95 | 99 | 69 | 130 | 118 | 95 |
| EPS in Rs | 3.42 | 2.45 | 3.6 | 5.71 | 3.37 | 2.56 | 3.48 | 3.48 | 3.62 | 2.49 | 4.71 | 4.28 | 3.44 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 732 | 803 | 910 | 1,075 | 1,217 | 1,285 | 800 | 1,343 | 2,127 | 2,357 | 2,507 | 2,864 | 2,956 |
| Expenses | 600 | 663 | 758 | 848 | 880 | 930 | 625 | 930 | 1,447 | 1,653 | 1,748 | 1,996 | 2,068 |
| Operating Profit | 132 | 140 | 152 | 227 | 337 | 355 | 175 | 412 | 680 | 704 | 759 | 867 | 888 |
| OPM % | 18% | 17% | 17% | 21% | 28% | 28% | 22% | 31% | 32% | 30% | 30% | 30% | 30% |
| Other Income | 6 | 7 | 9 | 8 | 19 | 23 | 76 | 55 | 53 | 69 | 93 | 106 | 103 |
| Interest | 1 | 1 | 0 | 0 | 34 | 40 | 45 | 50 | 63 | 79 | 90 | 111 | 117 |
| Depreciation | 12 | 13 | 16 | 20 | 94 | 121 | 122 | 134 | 181 | 229 | 258 | 311 | 327 |
| PBT | 125 | 133 | 144 | 215 | 228 | 218 | 85 | 283 | 489 | 465 | 504 | 551 | 547 |
| Tax % | 34% | 34% | 35% | 34% | 34% | 27% | 23% | 25% | 26% | 11% | 30% | 25% | — |
| Net Profit | 82 | 87 | 95 | 142 | 153 | 161 | 65 | 214 | 365 | 415 | 354 | 416 | 412 |
| EPS in Rs | 55.83 | 57.67 | 61.8 | 94.39 | 11.13 | 11.8 | 2.57 | 7.79 | 13.3 | 15.17 | 12.88 | 15.09 | 14.92 |
| Div. Payout % | 21% | 22% | 22% | 21% | 22% | 25% | 58% | 29% | 30% | 33% | 155% | 40% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 133 | 133 | 133 | 136 | 136 | 136 | 136 | 136 |
| Reserves | 318 | 381 | 449 | 562 | 517 | 675 | 695 | 1,129 | 1,412 | 1,728 | 1,573 | 1,857 |
| Borrowings | 8 | 3 | 3 | 6 | 424 | 549 | 567 | 692 | 943 | 1,098 | 1,227 | 1,570 |
| Other Liabilities | 114 | 118 | 170 | 189 | 247 | 261 | 265 | 348 | 416 | 391 | 398 | 452 |
| Total Liabilities | 455 | 517 | 636 | 772 | 1,322 | 1,617 | 1,659 | 2,305 | 2,906 | 3,353 | 3,334 | 4,015 |
| Fixed Assets | 122 | 135 | 172 | 185 | 593 | 708 | 724 | 848 | 1,302 | 1,482 | 1,602 | 1,989 |
| CWIP | 0 | 1 | 4 | 6 | 4 | 13 | 5 | 6 | 18 | 9 | 9 | 14 |
| Investments | 37 | 76 | 83 | 185 | 210 | 348 | 400 | 401 | 478 | 750 | 550 | 673 |
| Other Assets | 296 | 305 | 377 | 397 | 515 | 548 | 532 | 1,050 | 1,109 | 1,111 | 1,173 | 1,340 |
| Total Assets | 455 | 517 | 636 | 772 | 1,322 | 1,617 | 1,659 | 2,305 | 2,906 | 3,353 | 3,334 | 4,015 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | — | — | 82 | 155 | 196 | 273 | 265 | 220 | 381 | 590 | 698 | 474 |
| Investing | — | — | -83 | -94 | -67 | -163 | -122 | -301 | -52 | -251 | 122 | -100 |
| Financing | — | — | -1 | -50 | -132 | -112 | -127 | 116 | -359 | -323 | -773 | -436 |
| Net Cash Flow | — | — | -1 | 10 | -4 | -1 | 16 | 35 | -30 | 16 | 47 | -62 |
| Free Cash Flow | — | — | 24 | 121 | 137 | 229 | 241 | 172 | 289 | 479 | 611 | 335 |
| CFO/OP | — | — | 87 | 98 | 82 | 94 | 163 | 71 | 77 | 96 | 110 | 70 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 11 | 10 | 13 | 13 | 16 | 20 | 23 | 13 | 18 | 12 | 13 | 13 |
| Inventory Days | 230 | 218 | 221 | 214 | 243 | 241 | 293 | 284 | 276 | 274 | 228 | 259 |
| Days Payable | 92 | 82 | 89 | 108 | 129 | 129 | 207 | 141 | 126 | 99 | 81 | 84 |
| Cash Conversion Cycle | 148 | 146 | 145 | 119 | 129 | 132 | 109 | 155 | 168 | 186 | 160 | 188 |
| Working Capital Days | 79 | 75 | 66 | 55 | 65 | 43 | 25 | 41 | 56 | 52 | 58 | 147 |
| ROCE % | 39% | 36% | 32% | 40% | 31% | 21% | 9% | 20% | 24% | 20% | 19% | 20% |
Documents
1
Announcement under Regulation 30 (LODR)-Change in Management
4 May - Mr. Uttam Kumar appointed Chief Product Officer and Senior Management Personnel effective May 4, 2026. 4 May - Mr. Uttam Kumar appointed Chief Product Officer and Senior Management Personnel effective May 4, 2026.
2
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
29 Apr - Allotment of 14,730 Equity Shares under the Metro Stock Option Plan. 29 Apr - Allotment of 14,730 Equity Shares under the Metro Stock Option Plan.
3
Announcement under Regulation 30 (LODR)-Change in Management
4 May - Mr. Uttam Kumar appointed Chief Product Officer and Senior Management Personnel effective May 4, 2026. 4 May - Mr. Uttam Kumar appointed Chief Product Officer and Senior Management Personnel effective May 4, 2026.
4
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
29 Apr - Allotment of 14,730 Equity Shares under the Metro Stock Option Plan. 29 Apr - Allotment of 14,730 Equity Shares under the Metro Stock Option Plan.
5
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Submitted Regulation 74(5) demat/remat compliance certificate for quarter ended March 31, 2026. 9 Apr - Submitted Regulation 74(5) demat/remat compliance certificate for quarter ended March 31, 2026.
Frequently Asked Questions about Metro Brands Ltd
What does Metro Brands Ltd do?
The company is one of the largest Indian footwear & accessories specialty retailers and are among the aspirational Indian brands in the footwear category.Its a one-stop shop for of branded products for the entire family, including men, women, unisex, and children, and for every occasion, includin...
Where is Metro Brands Ltd (METROBRAND) listed?
Metro Brands Ltd is listed on the Indian stock exchanges. It is listed on NSE: METROBRAND and BSE: 543426. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Metro Brands Ltd belong to?
Metro Brands Ltd operates in the Consumer Goods sector within the Footwear industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Metro Brands Ltd?
Metro Brands Ltd has a market capitalisation of approximately ₹26299.46 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Metro Brands Ltd?
The Price-to-Earnings (PE) ratio of Metro Brands Ltd is 63.66. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Metro Brands Ltd?
Over the past 52 weeks, Metro Brands Ltd has traded between a low of ₹883 and a high of ₹1,340.4. This range helps investors understand the stock's price volatility and recent trading levels.
Does Metro Brands Ltd pay dividends?
Yes, Metro Brands Ltd has a dividend yield of 0.31%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Metro Brands Ltd?
Metro Brands Ltd has a Return on Equity (ROE) of 20.40%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Metro Brands Ltd on Tapetide?
On Tapetide, you can view Metro Brands Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
The company is one of the largest Indian footwear & accessories specialty retailers and are among the aspirational Indian brands in the footwear category.Its a one-stop shop for of branded products for the entire family, including men, women, unisex, and children, and for every occasion, including casual and formal events.[1]