Metro Brands Limited

BSE: METROBRAND543426ISIN INE317I01021

Consumer Discretionary
Footwear
BSE 1000

Share price

₹858.80+26.40 (+3.17%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹1,229.75
52W low: ₹796.00
Off 52W high: -30.16%
1M return: +5.65%
3M return: -14.37%
6M return: -15.87%
1Y return: -24.10%
20D avg volume: 15,323
50 DMA: ₹887.31
200 DMA: ₹985.40

Key ratios Consolidated

Market cap: ₹23,412 Cr
Current price: ₹858.80
52W high / low: ₹1,229.75 / ₹796.00
Face value: ₹5.00
P/E: 55.66
P/B: 11.19
EPS (TTM): ₹15.43
Book value / share: ₹76.72
ROE: —
ROCE: 19.50%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-32.57 Cr
Interest cover: 5.96
Dividend yield: 0.70%
Dividend / share (TTM): ₹6.00
Payout: 38.89%
Cash conversion cycle: 86.3 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	730.27	720.36	772.98	811.27	651.14	628.24	642.77	703.09	585.45	576.08	582.98	635.50
	22.94	26.31	31.35	16.11	28.18	28.58	23.06	23.20	23.36	23.37	24.35	15.95
	753.21	746.67	804.33	827.38	679.32	656.82	665.83	726.29	608.81	599.45	607.33	651.45
	650.77	620.30	647.93	655.09	588.26	526.86	540.05	567.02	514.87	476.50	503.73	515.53
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	379.53	324.23	328.78	399.53	386.96	308.90	229.67	271.23	280.33	206.38	211.83	302.53
	84.47	75.89	73.59	77.10	66.18	62.96	62.56	63.39	59.67	59.38	59.06	60.35
	30.00	29.62	29.01	28.81	29.44	23.68	24.39	23.47	21.82	20.78	20.31	20.37
	87.91	84.97	83.83	79.94	78.40	68.84	70.10	65.50	62.42	60.01	59.07	58.64
	137.44	137.89	135.15	137.38	122.86	115.85	109.59	123.87	107.71	102.91	—	121.26
	102.44	126.37	156.40	172.29	91.06	129.96	125.78	159.27	93.94	122.95	103.60	135.92
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	102.44	126.37	156.40	172.29	91.06	129.96	125.78	159.27	93.94	122.95	103.60	135.92
	25.48	31.49	38.87	42.34	22.14	32.02	30.87	64.88	22.48	30.88	50.79	37.85
	77.28	95.26	117.73	130.37	68.98	98.80	95.34	95.08	71.77	92.27	155.57	98.78
	2.78	3.44	4.28	4.71	2.49	3.62	3.48	3.48	2.56	3.37	5.71	3.60
Key metrics
	220.35	240.96	269.24	281.04	198.90	222.48	220.27	248.24	178.18	203.74	182.98	214.93
	30.20%	33.40%	34.80%	34.60%	30.50%	35.40%	34.30%	35.30%	30.40%	35.40%	31.40%	33.80%
	10.60%	13.20%	15.20%	16.10%	10.60%	15.70%	14.80%	13.50%	12.30%	16.00%	26.70%	15.50%
	3.80%	—	5.50%	—	3.90%	—	5.40%	—	—	—	—	—
	12.20%	14.70%	20.30%	15.40%	11.20%	9.10%	10.30%	10.60%	—	—	—	—
	12.00%	-3.60%	23.50%	37.10%	-3.90%	7.10%	-38.70%	-3.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	3,035	2,864	2,507	2,357	2,127	1,343
	96.71	104.22	92.99	70.82	54.41	58.64
	3,132	2,968	2,600	2,428	2,182	1,402
	2,574	2,418	2,098	1,965	1,692	1,118
	0.00	0.00	0.00	—	—	—
	1,432	1,424	987.61	1,052	1,066	700.34
	311.05	279.83	245.00	227.95	184.35	121.25
	117.44	110.94	90.46	78.89	63.06	50.43
	336.65	311.01	258.03	229.12	181.01	134.24
	547.86	511.24	444.08	—	372.04	246.62
	557.50	549.71	501.94	462.38	489.09	283.14
	0.00	0.00	0.00	0.00	0.00	0.00
	557.50	549.71	501.94	462.38	489.09	283.14
	138.18	135.36	149.11	49.93	125.74	70.19
	420.64	415.89	354.46	415.47	365.39	214.20
	15.21	15.10	12.89	15.18	13.31	8.01
Key metrics
	1,012	971.66	850.43	770.39	733.16	467.81
	33.33%	33.90%	33.90%	32.70%	34.50%	34.80%
	13.86%	14.50%	14.10%	17.60%	17.20%	16.00%
	—	19.50%	21.20%	—	—	—
	15.60%	14.20%	6.40%	10.80%	58.40%	—
	17.43%	17.30%	-14.70%	13.70%	70.60%	—
	—	334.68	610.13	—	—	—
	—	1.14	1.97	—	—	—
	—	0.00	0.10	—	—	—
	—	-32.57	77.76	—	—	—
	—	86.3	73.1	—	—	—
Balance sheet
	—	4,015	3,334	—	—	—
	—	1,829	1,568	—	—	—
	—	32.57	94.84	—	—	—
	—	99.82	91.20	—	—	—
	—	855.95	636.90	—	—	—
	—	80.90	29.32	—	—	—
	—	446.68	370.73	—	—	—
	—	278.16	225.81	—	—	—
	—	633.00	541.18	—	—	—
	—	0.00	172.60	—	—	—
	—	0.00	172.60	—	—	—
	—	0.00	0.00	—	—	—
	—	2,027	1,738	—	—	—
Cash flow
	—	473.79	697.53	—	—	—
	—	-99.99	122.39	—	—	—
	—	-436.07	-773.00	—	—	—
	—	139.11	87.40	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	711.79	701.62	756.92	789.18	635.97	615.09	631.81	687.86	566.73	563.22	577.58	616.39
	22.19	25.78	30.85	15.37	26.04	27.94	27.30	22.56	22.49	22.98	24.70	16.45
	733.98	727.40	787.77	804.55	662.01	643.03	659.11	710.42	589.22	586.19	602.28	632.85
	636.48	605.40	635.22	638.34	576.31	514.44	531.13	552.69	501.58	463.22	489.46	483.72
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	368.92	318.34	321.02	389.11	373.73	301.55	223.59	261.52	275.74	201.25	203.24	307.39
	81.06	72.04	70.36	73.53	63.06	59.47	59.66	60.19	56.84	56.70	56.38	55.77
	30.00	29.61	29.01	28.79	29.43	23.67	24.34	23.47	21.78	20.77	20.31	20.33
	87.73	84.80	83.67	79.77	78.23	68.67	69.95	65.30	62.13	59.73	57.64	56.24
	135.94	136.06	133.84	135.78	121.71	114.60	108.41	122.18	105.74	100.58	109.05	106.93
	97.50	122.00	152.55	166.21	85.70	128.59	127.98	157.73	87.64	122.97	112.83	149.12
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	97.50	122.00	152.55	166.21	85.70	128.59	127.98	157.73	87.64	122.97	112.83	149.12
	24.50	30.63	37.98	41.02	21.60	31.97	30.52	63.61	21.97	30.62	51.74	37.93
	73.00	91.37	114.57	125.19	64.10	96.62	97.46	94.12	65.67	92.35	164.56	111.20
	2.68	3.35	4.21	4.60	2.35	3.55	3.58	3.46	2.41	3.40	6.05	4.09
Key metrics
	215.23	236.41	265.23	274.77	193.36	220.93	222.27	246.50	171.55	203.47	190.78	225.69
	30.20%	33.70%	35.00%	34.80%	30.40%	35.90%	35.20%	35.80%	30.30%	36.10%	33.00%	36.60%
	10.30%	13.00%	15.10%	15.90%	10.10%	15.70%	15.40%	13.70%	11.60%	16.40%	28.50%	18.00%
	3.70%	—	5.50%	—	3.80%	—	5.60%	—	—	—	—	—
	11.90%	14.10%	19.80%	14.70%	12.20%	9.20%	9.40%	11.60%	—	—	—	—
	13.90%	-5.40%	17.60%	33.00%	-2.40%	4.60%	-40.80%	-15.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,960	2,797	2,450	2,305	2,052	1,312
	94.19	100.20	95.33	69.30	54.75	58.38
	3,054	2,897	2,545	2,374	2,107	1,371
	2,515	2,364	2,049	1,908	1,608	1,093
	0.00	0.00	0.00	—	—	—
	1,397	1,385	962.10	1,032	1,017	684.01
	296.99	266.41	233.39	216.89	171.25	116.04
	117.41	110.90	90.37	78.50	61.60	50.31
	335.97	310.34	257.10	227.61	175.22	133.83
	541.62	505.93	436.91	427.20	351.61	243.50
	538.26	533.06	496.32	465.85	498.30	277.54
	0.00	0.00	0.00	—	—	—
	538.26	533.06	496.32	465.85	498.30	277.54
	134.13	132.57	146.73	48.04	125.12	69.90
	404.13	400.49	349.59	417.81	373.18	207.64
	14.84	14.70	12.85	15.37	13.74	7.76
Key metrics
	991.64	954.30	843.79	771.96	735.12	461.68
	33.51%	34.10%	34.40%	33.50%	35.80%	35.20%
	13.66%	14.30%	14.30%	18.10%	18.20%	15.80%
	—	19.50%	21.50%	—	—	—
	15.12%	14.20%	6.30%	12.30%	56.30%	—
	14.71%	14.60%	-16.30%	12.00%	79.70%	—
	—	475.54	599.51	—	—	—
	—	1.19	1.96	—	—	—
	—	0.00	0.63	—	—	—
	—	-32.27	961.94	—	—	—
	—	80.7	67.7	—	—	—
Balance sheet
	—	3,936	3,271	—	—	—
	—	1,745	1,501	—	—	—
	—	32.27	92.54	—	—	—
	—	49.83	47.97	—	—	—
	—	844.13	629.44	—	—	—
	—	77.73	26.98	—	—	—
	—	445.67	369.71	—	—	—
	—	275.53	222.75	—	—	—
	—	628.29	536.54	—	—	—
	—	0.00	1,054	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	1,054	—	—	—
	—	1,953	1,679	—	—	—
Cash flow
	—	475.54	686.77	—	—	—
	—	-99.78	129.28	—	—	—
	—	-436.03	-768.46	—	—	—
	—	0.00	87.26	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +10.88%
Sales CAGR 5Y: —
Profit CAGR 3Y: +2.38%
Profit CAGR 5Y: —
Sales YoY (TTM): +15.12%
Profit YoY (TTM): +14.71%

Consolidated

Sales CAGR 3Y: +10.42%
Sales CAGR 5Y: —
Profit CAGR 3Y: +4.41%
Profit CAGR 5Y: —
Sales YoY (TTM): +15.60%
Profit YoY (TTM): +17.43%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 71.79%

Quarter	September 2026	June 2026
Promoter %	71.79%	71.83%

Holder	Type	Holding	Previous	Change
Aziza Malik Family Trust (Trustee - Farah Malik Bhanji)	Promoter	28.04%	28.05%	-0.01%
Rafique Malik Family Trust (Trustee - Farah Malik Bhanji)	Promoter	27.65%	27.65%	0.00%
ARYAMAN JHUNJHUNWALA DISCRETIONARY TRUST (TRUSTEE - REKHA RAKESH JHUNJHUNWALA)	Public	4.79%	4.79%	0.00%
NISHTHA JHUNJHUNWALA DISCRETIONARY TRUST (TRUSTEE - REKHA RAKESH JHUNJHUNWALA)	Public	4.79%	4.79%	0.00%
ARYAVIR JHUNJHUNWALA DISCRETIONARY TRUST (TRUSTEE - REKHA RAKESH JHUNJHUNWALA)	Public	4.79%	4.79%	0.00%
KOTAK MIDCAP FUND	Public	3.75%	2.82%	+0.93%
ALISHA RAFIQUE MALIK	Promoter	2.90%	2.90%	0.00%
UTI SMALL CAP FUND	Public	1.51%	—	—
Zarah Malik Family Trust (Trustee - Rafique Abdul Malik)	Promoter Group	1.46%	1.46%	0.00%
Zia Malik Family Trust (Trustee - Rafique Abdul Malik)	Promoter Group	1.46%	1.46%	0.00%
Sabina Malik Family Trust (Trustee - Rafique Abdul Malik)	Promoter Group	1.46%	1.46%	0.00%
Farah Malik Family Trust (Trustee - Rafique Abdul Malik)	Promoter Group	1.46%	1.46%	0.00%
SABINA MALIK HADI	Promoter Group	1.44%	1.45%	-0.01%
ZIA MALIK LALJI	Promoter Group	1.44%	1.45%	-0.01%
ZARAH RAFIQUE MALIK	Promoter Group	1.44%	1.45%	-0.01%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Metro Brands Limited	23,412	858.80	55.66	19.50%	+15.60% TTM	+17.43% TTM	-24.10%
Bata India Limited	8,141	633.40	54.12	11.20%	+4.72% TTM	-11.78% TTM	-40.65%
Relaxo Footwears Ltd. S	7,183	288.55	38.78	10.80%	+2.11% TTM	+5.98% TTM	-33.34%
Campus Activewear Limited S	6,104	199.70	39.62	20.70%	+13.71% TTM	+30.53% TTM	-27.51%
REDTAPE Limited	5,865	106.10	23.80	29.40%	+13.68% TTM	+40.68% TTM	-22.61%
Sreeleathers Limited S	596	257.00	18.15	7.50%	+16.69% TTM	+57.01% TTM	+14.53%
Liberty Shoes Ltd. S	328	192.45	38.34	8.80%	+6.46% TTM	-30.17% TTM	-38.82%
LEHAR FOOTWEARS LIMITED S	291	164.75	21.01	22.90%	-29.56% TTM	-36.32% TTM	-31.40%
Khadim India Limited	221	120.05	79.65	10.70%	-31.56% TTM	-47.53% TTM	-50.96%
Acme Universal Safezone 9 Limited S	199	106.08	—	—	—	—	—
KSR Footwear Limited S	64	34.95	-8.46	-14.30%	—	—	—
SARUP INDUSTRIES LIMITED S	34	104.80	67.18	4.00%	-6.38% TTM	-89.51% TTM	-14.08%
MARC LOIRE FASHIONS LIMITED S	24	34.01	13.60	7.50%	—	—	-50.72%

Filings & corporate actions

Recent announcements

Transcript of the Investor Call on Unaudited Financial Results (Consolidated and Standalone) for the quarter and half year ended September 30, 2026.23 Oct 2026 · Company Update / Earnings Call Transcript
Outcome of investors/analyst conference call.16 Oct 2026 · Company Update / Analyst / Investor Meet
Copies of newspaper publication dated October 16, 2026, pertaining to Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter and half year ended September 30, 2026.16 Oct 2026 · Company Update / Newspaper Publication
Presentation of Investor/Analyst meet scheduled to be held on Friday, October 16, 2026.15 Oct 2026 · Company Update / Investor Presentation
Metro Brands Limited Reports Q2 FY27 Results; Revenue grows 12.2% YoY to ?730 Crores, EBITDA rises 15.8% YoY.15 Oct 2026 · Company Update / Press Release / Media Release
Financial Results for the quarter and half year ended September 30, 2026.15 Oct 2026 · Result / Financial Results
Outcome of Board Meeting held on Thursday, October 15, 202615 Oct 2026 · Board Meeting / Outcome of Board Meeting
Disclosure under Regulation 30 of Listing Regulations regarding Cybersecurity incident.15 Oct 2026 · Company Update / General
Investors/Analyst conference call on Friday, October 16, 2026.14 Oct 2026 · Company Update / Analyst / Investor Meet
Metro Brands Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/10/2026 ,inter alia, to consider and approve and take on record the Unaudited ....8 Oct 2026 · Board Meeting / Board Meeting
Compliance Certificate of Demat/Remat of shares under Regulation 74(5) of SEBI (Depository & Participants) Regulations, 2018, for the quarter ended September 30, 2026.8 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
ESG Rating by CRISIL ESG Ratings & Analytics Ltd. for FY 2025-26.5 Oct 2026 · Company Update / Credit Rating
Closure of Trading window effective from Thursday, October 01, 2026, until 48 hours after the declaration of Unaudited Financial Results of the Company for the quarter and half year ending ....25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Outcome of Analyst/Institutional Investor Meet.23 Sep 2026 · Company Update / Analyst / Investor Meet
Transcript of 49th Annual General Meeting of the Company held on Wednesday, September 16, 2026, at 3:00 p.m. IST.23 Sep 2026 · AGM/EGM / AGM
Scrutinizers Report along with the Voting Results for the 49th AGM of the Company held on September 16, 2026.17 Sep 2026 · AGM/EGM / AGM
Intimation of Schedule of Analyst/institutional Investor Meet.17 Sep 2026 · Company Update / Institutional Placement Programme
Re-appointment of Ms. Farah Malik Bhanji (DIN: 00530676) as a Managing Director of the Company for a period of five (5) years, with effect from April 01, 2027.16 Sep 2026 · Company Update / Change in Directorate
Appointment of Mr. Sonny Iqbal (DIN: 02962053) as an Independent Director of the Company for five (5) consecutive years with effect from August 05, 2026.16 Sep 2026 · Company Update / Change in Directorate
Proceedings of the 49th AGM held on Wednesday, September 16, 2026.16 Sep 2026 · AGM/EGM / AGM
Allotment of 18,772 Equity Shares of the Company under Metro Stock Option Plan.11 Sep 2026 · Company Update / Allotment of ESOP / ESPS
Allotment of 18,772 Equity Shares of the Company under Metro Stock Option Plan.11 Sep 2026 · Company Update / Allotment of ESOP / ESPS
Disclosure under Regulation 3(3) of the SEBI (Share Based Employee Benefits and Sweat Equity) regulations, 2021 - Submission of Metro Brands ESOP Trust deed.10 Sep 2026 · Company Update / General
Outcome of Analyst/Institutional Investor meet.2 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of Schedule of Analyst/Institutional Investor meet.27 Aug 2026 · Company Update / Analyst / Investor Meet
Letter to the Shareholders - Annual Report for the FY 2025-26.25 Aug 2026 · Company Update / General
Newspaper Advertisement regarding the 49th Annual General Meeting of the Company to be held on Wednesday, September 16, 2026.25 Aug 2026 · Company Update / Newspaper Publication
Notice of 49th Annual General Meeting of the Company to be held on Wednesday, September 16, 2026, at 3:00 p.m. IST through VC/OAVM.24 Aug 2026 · AGM/EGM / AGM
Business Responsibility and Sustainability Report for FY 2025-26.24 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Pursuant to Regulation 34(1) read with Regulation 30 of SEBI Listing Regulations, we are enclosing herewith the Annual Report of the Company including the Business Responsibility and Sustainability ....24 Aug 2026 · Others / Reg. 34 (1) Annual Report
Allotment of 27,400 Equity Shares of the Company under Metro Stock Option Plan.20 Aug 2026 · Company Update / Allotment of ESOP / ESPS
Newspaper Advertisement regarding the 49th Annual General Meeting of the Company to be held on Wednesday, September 16, 2026, through Video Conference (VC)/Other Audio-Visuals (OAVM).19 Aug 2026 · Company Update / Newspaper Publication
Outcome of Analyst/Institutional Investor meet.18 Aug 2026 · Company Update / Analyst / Investor Meet
Outcome of Analyst/Institutional Investor Meet.13 Aug 2026 · Company Update / Analyst / Investor Meet
Intimation of Schedule of Analyst/Institutional Investor meet.13 Aug 2026 · Company Update / Analyst / Investor Meet
Transcript of the Investor Call on Un-audited Financial Results (Consolidate and Standalone) for the quarter ended June 30, 2026.10 Aug 2026 · Company Update / Earnings Call Transcript
Intimation of Schedule of Analyst/Institutional Investor Meet.7 Aug 2026 · Company Update / Analyst / Investor Meet
Outcome of investor/analyst conference call5 Aug 2026 · Company Update / Analyst / Investor Meet
Copies of newspaper publication dated August 05, 2026, pertaining to Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter ended June 30, 2026.5 Aug 2026 · Company Update / Newspaper Publication
Change in Director(s) of the Company.4 Aug 2026 · Company Update / Change in Management

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 3.0000	4 Sep 2026	4 Sep 2026	—
Interim Dividend - Rs. - 3.0000	2 Feb 2026	2 Feb 2026	—
Final Dividend - Rs. - 2.5000	4 Sep 2025	5 Sep 2025	—
Interim Dividend - Rs. - 3.0000	7 Mar 2025	7 Mar 2025	—
Special Dividend - Rs. - 14.5000	7 Mar 2025	7 Mar 2025	—
Final Dividend - Rs. - 2.2500	6 Sep 2024	6 Sep 2024	—

Board meetings

15 Oct 2026 Board Meeting - Financial Results
4 Aug 2026 Board Meeting - Financial Results