Metro Brands Ltd
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]
- Market Cap ₹ 25,629 Cr.
- Current Price ₹ 940
- High / Low ₹ 1,340 / 883
- Stock P/E 64.8
- Book Value ₹ 71.6
- Dividend Yield 0.64 %
- ROCE 20.0 %
- ROE 21.9 %
- Face Value ₹ 5.00
Pros
- Company has been maintaining a healthy dividend payout of 76.4%
Cons
- Stock is trading at 13.1 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Footwear
Part of BSE Consumer Discretionary BSE 1000 Nifty Smallcap 500
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 702 | 767 | 868 | 1,034 | 1,155 | 1,210 | 789 | 1,312 | 2,071 | 2,305 | 2,450 | 2,797 | 2,884 | |
| 577 | 632 | 722 | 818 | 925 | 867 | 608 | 906 | 1,403 | 1,598 | 1,700 | 1,938 | 2,012 | |
| Operating Profit | 125 | 135 | 146 | 216 | 230 | 343 | 181 | 407 | 668 | 707 | 750 | 860 | 872 |
| OPM % | 18% | 18% | 17% | 21% | 20% | 28% | 23% | 31% | 32% | 31% | 31% | 31% | 30% |
| 7 | 3 | 9 | 8 | 17 | 23 | 76 | 55 | 51 | 65 | 94 | 95 | 98 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 39 | 44 | 50 | 63 | 78 | 90 | 111 | 117 |
| Depreciation | 12 | 13 | 16 | 19 | 22 | 120 | 121 | 134 | 178 | 228 | 257 | 310 | 326 |
| Profit before tax | 120 | 125 | 139 | 205 | 224 | 207 | 91 | 278 | 479 | 466 | 496 | 533 | 526 |
| Tax % | 34% | 34% | 34% | 34% | 34% | 27% | 20% | 25% | 26% | 10% | 30% | 25% | |
| 79 | 82 | 92 | 135 | 148 | 152 | 73 | 208 | 354 | 418 | 350 | 400 | 395 | |
| EPS in Rs | 53.84 | 55.71 | 62.13 | 91.78 | 11.14 | 11.44 | 2.73 | 7.65 | 13.03 | 15.37 | 12.84 | 14.69 | 14.50 |
| Dividend Payout % | 22% | 22% | 22% | 22% | 22% | 26% | 55% | 29% | 31% | 33% | 156% | 41% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 29% |
| 3 Years: | 11% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 41% |
| 3 Years: | 4% |
| TTM: | 12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -4% |
| 1 Year: | -27% |
| Return on Equity | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 22% |
| 3 Years: | 22% |
| Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 314 | 374 | 441 | 547 | 532 | 647 | 672 | 1,102 | 1,378 | 1,699 | 1,543 | 1,817 |
| 0 | 0 | 0 | 0 | 0 | 536 | 566 | 692 | 938 | 1,098 | 1,227 | 1,570 | |
| 103 | 99 | 150 | 164 | 219 | 190 | 242 | 324 | 376 | 356 | 364 | 413 | |
| Total Liabilities | 431 | 488 | 606 | 726 | 884 | 1,506 | 1,612 | 2,255 | 2,828 | 3,289 | 3,271 | 3,936 |
| 122 | 134 | 170 | 183 | 222 | 705 | 722 | 847 | 1,286 | 1,476 | 1,597 | 1,980 | |
| CWIP | 0 | 1 | 4 | 6 | 4 | 13 | 5 | 6 | 18 | 9 | 9 | 18 |
| Investments | 37 | 77 | 96 | 184 | 208 | 346 | 397 | 398 | 496 | 765 | 552 | 675 |
| 272 | 277 | 336 | 352 | 450 | 443 | 488 | 1,004 | 1,028 | 1,039 | 1,112 | 1,263 | |
| Total Assets | 431 | 488 | 606 | 726 | 884 | 1,506 | 1,612 | 2,255 | 2,828 | 3,289 | 3,271 | 3,936 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 83 | 157 | 107 | 272 | 244 | 218 | 372 | 585 | 687 | 476 | |||
| -84 | -93 | -67 | -161 | -116 | -299 | -47 | -250 | 129 | -100 | |||
| 0 | -53 | -44 | -112 | -116 | 118 | -355 | -319 | -768 | -436 | |||
| Net Cash Flow | -1 | 10 | -4 | -1 | 12 | 38 | -30 | 16 | 48 | -60 | ||
| Free Cash Flow | 25 | 124 | 49 | 229 | 219 | 171 | 280 | 470 | 600 | 337 | ||
| CFO/OP | 88% | 102% | 79% | 96% | 146% | 71% | 77% | 94% | 109% | 70% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 1 | 1 | 2 | 2 | 3 | 2 | 10 | 6 | 8 | 6 | 7 | 6 |
| Inventory Days | 215 | 219 | 219 | 207 | 234 | 221 | 295 | 278 | 265 | 266 | 223 | 263 |
| Days Payable | 85 | 77 | 86 | 104 | 127 | 107 | 210 | 140 | 120 | 96 | 79 | 86 |
| Cash Conversion Cycle | 131 | 144 | 134 | 105 | 110 | 117 | 95 | 144 | 153 | 176 | 151 | 184 |
| Working Capital Days | 73 | 70 | 57 | 47 | 56 | 33 | 13 | 33 | 47 | 47 | 52 | 57 |
| ROCE % | 40% | 35% | 32% | 40% | 37% | 25% | 10% | 20% | 24% | 20% | 20% | 20% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Crocs EBO Store Count stores |
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| E-commerce Revenue % of Total Revenue % of total revenue |
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| Net Store Additions stores |
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| Own Brand Mix % at MBOs % of total store product sales |
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| Revenue per Square Foot INR per sq ft |
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| Total Store Count stores |
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| Loyalty Membership million members |
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| Number of Cities cities |
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| Average Realization Per Unit INR per unit |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
- Allotment of 18,772 Equity Shares of the Company under Metro Stock Option Plan.
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
- Allotment of 18,772 Equity Shares of the Company under Metro Stock Option Plan.
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Disclosure Under Regulation 3(3) Of The SEBI (Share Based Employee Benefits And Sweat Equity) Regulations, 2021.
- Metro Brands formed ESOP Trust and submitted registered trust deed on 10 September 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Metro Brands held a September 2, 2026 investor meeting with Goldman Sachs and HDFC Life at Ashwamedh.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Metro Brands to host Ashwamedh-Elara India Group meeting on September 2, 2026 in Mumbai.
Annual reports
Concalls
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Aug 2026Transcript PPT
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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Oct 2025Transcript PPT REC
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Oct 2024Transcript PPT
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Oct 2024TranscriptAI SummaryPPT
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Aug 2024Transcript PPT REC
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Jun 2024Transcript PPT
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Feb 2024TranscriptPPT
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Jan 2024Transcript PPT REC
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Oct 2023Transcript PPT
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Oct 2023TranscriptAI SummaryPPT
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Aug 2023Transcript PPT
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May 2023TranscriptAI SummaryPPT
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Jan 2023Transcript PPT
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Oct 2022Transcript PPT
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Oct 2022TranscriptAI SummaryPPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Jan 2022Transcript PPT
Network as of Q2 FY26[1][2]
Store Formats: 8
Stores: 966
States: 31
Cities: 211 (expanded 6 new cities H1 FY26)
Loyalty membership: 18+ mn
Vendors: 250