MarketFriction

Metro Brands Ltd

NSE METROBRAND · BSE 543426 · Footwear
₹833.50 -0.98%
NSE close2026-10-01
52 week range832.00 - 1,308.80
Market cap₹23,776 Cr.
P/E58.5
IPO 2021 · +67% since Price band 20% Delivery 52.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales556636583576585703643628651811773720
Expenses400437424396431478446434480546535506
Operating Profit155199159180155225197194171265238215
OPM %28%31%27%31%26%32%31%31%26%33%31%30%
Other Income161626232424232928173227
Interest202020212223242429292930
Depreciation575959606266706978808485
Profit before tax951361051239416012613191173157127
Tax %29%28%-48%25%24%41%24%24%24%25%25%25%
Net Profit689915692729595996913011895
EPS in Rs2.453.605.713.372.563.483.483.622.494.714.283.44
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8039101,0751,2171,2858001,3432,1272,3572,5072,8642,956
Expenses6637588488809306259301,4471,6531,7481,9912,068
Operating Profit140152227337355175412680704759873888
OPM %17%17%21%28%28%22%31%32%30%30%30%30%
Other Income79819237655536993100103
Interest10034404550637990111117
Depreciation13162094121122134181229258311327
Profit before tax13314421522821885283489465504551547
Tax %34%35%34%34%27%23%25%26%11%30%25%
Net Profit879514215316165214365415354416412
EPS in Rs57.6761.8094.3911.1311.802.577.7913.3015.1712.8815.0914.92
Dividend Payout %22%22%21%22%25%58%29%30%33%155%40%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth14%29%10%15%
Compounded Profit Growth17%44%5%14%
Stock Price CAGR%%-8%-32%
Return on Equity21%22%22%22%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital15151515133133133136136136136136
Reserves3183814495625176756951,1291,4121,7281,5731,857
Borrowings83364245495676929431,0981,2271,570
Other Liabilities114118170189247261265348416391398452
Total Liabilities4555176367721,3221,6171,6592,3052,9063,3533,3344,015
Fixed Assets1221351721855937087248481,3021,4821,6021,984
CWIP014641356189918
Investments377683185210348400401478750550673
Other Assets2963053773975155485321,0501,1091,1111,1731,340
Total Assets4555176367721,3221,6171,6592,3052,9063,3533,3344,015
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity82155196273265220381590698474
Cash from Investing Activity-83-94-67-163-122-301-52-251122-100
Cash from Financing Activity-1-50-132-112-127116-359-323-773-436
Net Cash Flow-110-4-11635-301647-62
Free Cash Flow24121137229241172289479611335
CFO/OP87%98%82%94%163%71%77%96%110%69%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days111013131620231318121313
Inventory Days230218221214243241293284276274228273
Days Payable928289108129129207141126998189
Cash Conversion Cycle148146145119129132109155168186160197
Working Capital Days797566556543254156525864
ROCE %39%36%32%40%31%21%9%20%24%20%19%20%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.20%74.17%74.16%74.16%71.95%71.93%71.88%71.87%71.86%71.83%71.80%71.80%
FIIs2.33%2.69%2.68%3.05%3.39%3.43%3.46%3.65%3.88%3.81%3.77%3.73%
DIIs6.10%5.98%6.02%5.59%7.00%7.18%7.36%7.39%7.36%7.51%7.58%7.68%
Public17.36%17.16%17.13%17.19%17.64%17.47%17.30%17.09%16.90%16.84%16.86%16.78%
No. of Shareholders62,69058,87262,65364,47071,25868,34267,17664,90761,32460,18959,42557,942

Fundamentals

Market Cap₹ 23,776 Cr.
Current Price₹ 872
Stock P/E58.5
Book Value₹ 73.1
ROCE20.1 %
ROE22.1 %
Dividend Yield0.69 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)15%
Compounded Profit Growth (TTM)14%
Consolidated figures.
Valuation
Market capRs 22,717 Cr
Enterprise valueRs 24,245 Cr
P/E (TTM)55.89x
Price to book11.40x
Price to sales7.69x
EV / EBITDA24.46x
EV / EBIT36.51x
EV / sales8.20x
Price to cash flow47.95x
Earnings yield1.79%
Dividend yield0.72%
P/E, 3-year average71.38x
P/B, 3-year average15.08x
P/E, 5-year average70.49x
P/B, 5-year average14.46x
Profitability
Operating margin (excl. other income)30.48%
Operating margin (incl. other income)33.98%
EBITDA margin33.53%
Pre-tax margin18.51%
Net profit margin13.75%
Net margin, latest quarter13.02%
ROE22.21%
ROCE20.38%
ROA11.19%
ROE, 3-year average22.01%
ROCE, 3-year average20.16%
ROA, 3-year average11.62%
ROE, 5-year average22.39%
ROCE, 5-year average21.04%
ROA, 5-year average11.88%
ROIC (approx.)14.23%
Tax rate24.56%
Other income / net worth5.03%
Growth
Sales growth (latest year)14.21%
Profit growth (latest year)17.27%
Sales CAGR, 3 years10.42%
Sales CAGR, 5 years29.05%
Profit CAGR, 3 years4.39%
Profit CAGR, 5 years43.23%
Sales growth QoQ-6.81%
Profit growth QoQ-19.57%
Sales growth YoY (latest quarter)14.66%
Profit growth YoY (latest quarter)-4.79%
Per share
EPS (TTM)Rs 14.91
EPS (latest year)Rs 15.09
EPS (latest quarter)Rs 3.44
EPS, 3-year averageRs 14.38
EPS, 5-year averageRs 12.85
Book value per shareRs 73.13
Sales per shareRs 108.45
Cash flow per shareRs 17.38
Free cash flow per shareRs 12.29
Dividend per share (latest year)Rs 6.00
Dividend per share, 3-year averageRs 10.33
Dividend per share, 5-year averageRs 7.45
Dividends
Dividend payout39.77%
Dividend payout, 3-year average76.01%
Dividend payout, 5-year average57.39%
Efficiency
Asset turnover0.71x
Fixed asset turnover1.44x
Inventory turnover1.56x
Inventory days234 days
Debtor days13 days
Debtors turnover28.69x
Creditor days89 days
Cash conversion cycle197 days
Working capital days64 days
Leverage
Total debtRs 1,570 Cr
Cash and bankRs 42 Cr
Net debtRs 1,528 Cr
Debt to equity0.79x
Net debt / EBITDA1.54x
Interest coverage5.68x
Current ratio (filing 2026-03-31)2.89x
Quick ratio (filing 2026-03-31)1.54x
Trade payables (filing 2026-03-31)Rs 278 Cr
Owners' fund to total sources49.64%
Debt to assets39.11%
Cash flow
Cash from Operating Activity (latest year)Rs 474 Cr
Cash from Investing Activity (latest year)Rs -100 Cr
Cash from Financing Activity (latest year)Rs -436 Cr
Net Cash Flow (latest year)Rs -62 Cr
Free cash flow (latest year)Rs 335 Cr
FCFE (approx.: FCF + change in debt)Rs 678 Cr
Cash from ops / profit, 5 years1.34x
Sales to cash flow6.04x
Statement figures
Net sales (TTM)Rs 2,956 Cr
Net sales (latest year)Rs 2,864 Cr
Sales (latest quarter)Rs 720 Cr
Operating profit excl. other income (latest year)Rs 873 Cr
Operating profit (latest quarter)Rs 215 Cr
Other income (TTM)Rs 103 Cr
EBITDA (TTM)Rs 991 Cr
PBDT (TTM)Rs 874 Cr
Profit before tax (TTM)Rs 547 Cr
Tax (latest year)Rs 135 Cr
Net profit (TTM)Rs 406 Cr
Net profit (latest year)Rs 411 Cr
Net profit (latest quarter)Rs 94 Cr
Depreciation (TTM)Rs 327 Cr
Depreciation (latest quarter)Rs 85 Cr
Interest (TTM)Rs 117 Cr
Cost of goods sold (latest year)Rs 1,338 Cr
Total expenditure (latest year)Rs 1,991 Cr
Total income (latest year)Rs 2,964 Cr
Share capitalRs 136 Cr
ReservesRs 1,857 Cr
Shareholders' fundsRs 1,993 Cr
Total assetsRs 4,015 Cr
Net blockRs 1,984 Cr
Capital work in progressRs 18 Cr
InvestmentsRs 673 Cr
ReceivablesRs 100 Cr
InventoryRs 856 Cr
Other liabilitiesRs 452 Cr
Shares outstanding (crore)27.25
Ownership
Promoter holding71.80% (-0.07 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 55.9 is the lowest in its own 4.9-year history (median 86.1, low 55.9, high 244.7).
P/B 11.40 is the lowest in 4.9 years (median 18.07).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodMETROBRANDNifty 50Difference
1 week-5.8%-2.8% -3.0 pts
1 month-9.2%-6.8% -2.4 pts
3 months-19.7%-7.6% -12.1 pts
6 months-7.0%+0.4% -7.4 pts
1 year-33.7%-9.9% -23.8 pts
2 years-32.2%-13.6% -18.7 pts
3 years-26.0%+14.2% -40.2 pts
51 mutual fund schemes hold about ₹1,814 Cr. Over three months 32 bought more and 14 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Kotak Mid Cap Fund1.07%763 +17%
UTI Flexi Cap Fund0.50%120 +9%
DSP Large & Mid Cap Fund0.62%114 +100%
HDFC Multi Cap Fund0.41%85 +12%
UTI Mid Cap Fund0.62%80 +8%
Aditya Birla SL Consumption Fund1.13%69 +20%
UTI Large Cap Fund0.49%60 +12%
HSBC Small Cap Fund0.31%59 +6%
Invesco India ELSS Tax Saver Fund1.69%47 +9%
UTI Small Cap Fund0.85%45 +61%
Bajaj Finserv Flexi Cap Fund0.52%43 +2%
Tata India Consumer Fund1.29%37 -5%
Edelweiss Small Cap Fund0.43%31 +3%
Edelweiss Large & Mid Cap Fund0.59%29 +2%
Invesco India Flexi Cap Fund0.31%18 +5%
Bajaj Finserv Small Cap Fund0.64%17 +17%
UTI Multi Cap Fund0.73%16 +14%
LIC MF Multi Cap Fund0.65%15 +3%
WOC Mid Cap Fund0.19%14 -6%
UTI Children's Hybrid Fund0.32%14 +14%
Tata Retirement Sav Fund - Prog Plan0.59%13 -14%
Tata Retirement Sav Fund - Mod Plan0.58%13 -13%
HSBC Consumption Fund0.68%12 +7%
Bajaj Finserv Consumption Fund1.95%12 +19%
LIC MF ELSS Tax Saver Fund0.94%10 +13%

Red flags

F-score 5 of 8
lookAuditor change Auditor change 2026-05-20: Metro Brands Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2022-01-27Pramod Parshuram SutarEmployees/Designated Employesell2,000Rs 0.12 CrMarket Sale
2022-01-24Sunildatt Shesmani PandeyEmployees/Designated Employesell60Rs 0.00 CrMarket Sale
2022-01-24Sunildatt Shesmani PandeyEmployees/Designated Employesell5Rs 0.00 CrMarket Sale
2022-01-24Sunildatt Shesmani PandeyEmployees/Designated Employesell5Rs 0.00 CrMarket Sale
2022-01-24Sunildatt Shesmani PandeyEmployees/Designated Employesell2,673Rs 0.15 CrMarket Sale
2022-01-24Dattatray Kisan AwateEmployees/Designated Employesell4,700Rs 0.27 CrMarket Sale
2022-01-24RAJESH GANPAT AWATEEmployees/Designated Employesell6,750Rs 0.40 CrMarket Sale
2022-01-24Sunildatt Shesmani PandeyEmployees/Designated Employesell987Rs 0.06 CrMarket Sale
2022-01-24Sunildatt Shesmani PandeyEmployees/Designated Employesell20Rs 0.00 CrMarket Sale
2022-01-24RAKESH SINGHEmployees/Designated Employeother8,500Rs 0.49 CrGift
2022-01-20Sunildatt Shesmani PandeyEmployees/Designated Employesell500Rs 0.03 CrMarket Sale
2022-01-20Sunildatt Shesmani PandeyEmployees/Designated Employesell500Rs 0.03 CrMarket Sale
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹720 Cr +14.6% vs Jun 2025. Net profit ₹95 Cr -4.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-04Dividend - Rs 3 Per Share
2026-02-02Interim Dividend - Rs 3 Per Share
2025-09-04Dividend - Rs 2.50 Per Share
2025-03-07Interim Dividend - Rs 3 Per Share & Special Dividend - Rs 14.50 Per Share
2024-09-12Annual General Meeting
2024-09-06Dividend - Rs 2.25 Per Share
2024-01-31Interim Dividend - Rs 2.75 Per Share
2023-09-06Annual General Meeting
2023-09-01Dividend - Rs 1.50 Per Share
2023-01-27Interim Dividend - Rs 2.50 Per Share
2022-08-29Annual General Meeting/Dividend - Re 0.75 Per Share
2022-03-16Interim Dividend - Rs 1.50 Per Share
DateTypeWhat it says
2026-09-23Concall / analyst meetOutcome of Investor meet.
2026-09-23Shareholder meetingTranscript of 49th Annual General Meeting of Metro Brands Limited
2026-09-17Shareholder meetingVoting results.
2026-09-17Concall / analyst meetSchedule of meet
2026-09-16Director changeChange in Director(s) of the company.
2026-09-16AppointmentAppointment of Mr Appointment of Mr. Sonny Iqbal as Non- Executive Independent Director of the company w.e.f. August 05, 2026.
2026-09-16Shareholder meetingProceedings of Annual General Meeting held on September 16, 2026
2026-09-11ESOP grantOptions to purchase securities
2026-09-10General UpdatesGeneral Updates
2026-09-02Concall / analyst meetOutcome of Investor meet
2026-08-27Concall / analyst meetSchedule of meet
2026-08-25UpdatesLetter To the Shareholders - Annual Report for the FY 2025-26..
2026-08-24Shareholder meetingNotice of Annual General Meeting to be held on September 16, 2026
2026-08-20ESOP grantOptions to purchase securities
2026-08-18Concall / analyst meetAbout
2026-08-13Concall / analyst meetAbout
2026-08-13Concall / analyst meetSchedule of meet
2026-08-10Concall / analyst meetTranscript
2026-08-07Concall / analyst meetSchedule of meet
2026-08-05Concall / analyst meetLink of Recording and outcome of Investor meet.
2026-08-04General UpdatesConvening 49th Annual General Meeting of the Company on Wednesday, September 16, 2026, at 3:00 P.M. through Video Conferencing / Other Audio-Visual Me...
2026-08-04Investor PresentationInvestor Presentation
2026-08-04Change in ManagementChange in Management
2026-08-04Press ReleaseA press release dated August 04, 2026, titled "Metro Brands Limited Reports Q1 FY27 Results; Revenue Grows 14.7% YoY to ₹720 Crores, EBITDA up b...
2026-08-04Record DateRecord date for the purpose of Dividend is 04-Sep-2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Metro Brands Ltd?

Metro Brands Ltd (METROBRAND) has a market capitalisation of Rs 23,776 Cr. at the 2026-10-01 close.

What is the P/E ratio of Metro Brands Ltd?

Metro Brands Ltd trades at a P/E of 58.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were Metro Brands Ltd's latest quarterly results?

In the Jun 2026 quarter, Metro Brands Ltd sales was Rs 720 Cr (+14.6% vs Jun 2025) and net profit was Rs 95 Cr.

What is the 52-week high and low of Metro Brands Ltd?

The 52-week high is Rs 1,308.80 and the 52-week low is Rs 832.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03