About
Metro Brands Limited operates as a footwear specialty retailer in India. The company offers footwear for men, women, unisex, and kids under its own brands, including the Metro, Mochi, Walkway, and daVinchi, as well as third-party brands, such as Crocs, Foot Locker, MetroActiv, Clarks, New Era, FILA, FitFlop, Cheemo, Proline, Vans, and Biofoot. It also offers accessories, such as belts, bags, wallets, and clutches; and footcare and shoe-care products. In addition, the company provides its products through stores and distributors, as well as through online channels. The company was formerly known as Metro Shoes Limited and changed its name to Metro Brands Limited in September 2018. Metro Brands Limited was founded in 1955 and is headquartered in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap25,314 Cr
P/E62.30
Div Yield0.65 %
Book Value₹73.10
52w High₹1,340.00
52w Low₹883.00
Face Value₹5.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 702.00 | 757.00 | 789.00 | 636.00 | 615.00 | 632.00 | 688.00 | 567.00 | 563.00 | 578.00 | 624.00 | 532.00 | 556.00 |
| Expenses | 491.00 | 523.00 | 530.00 | 469.00 | 422.00 | 437.00 | 464.00 | 418.00 | 383.00 | 412.00 | 426.00 | 371.00 | 361.00 |
| Operating Profit | 211.00 | 234.00 | 259.00 | 167.00 | 193.00 | 195.00 | 224.00 | 149.00 | 180.00 | 166.00 | 198.00 | 161.00 | 194.00 |
| OPM % | 30.00 | 31.00 | 33.00 | 26.00 | 31.00 | 31.00 | 33.00 | 26.00 | 32.00 | 29.00 | 32.00 | 30.00 | 35.00 |
| Other Income | 26.00 | 31.00 | 15.00 | 26.00 | 28.00 | 27.00 | 23.00 | 22.00 | 23.00 | 25.00 | 15.00 | 18.00 | 16.00 |
| Depreciation | 85.00 | 84.00 | 80.00 | 78.00 | 69.00 | 70.00 | 65.00 | 62.00 | 60.00 | 58.00 | 59.00 | 54.00 | 50.00 |
| Interest | 30.00 | 29.00 | 29.00 | 29.00 | 24.00 | 24.00 | 23.00 | 22.00 | 21.00 | 20.00 | 20.00 | 19.00 | 18.00 |
| Profit before tax | 122.00 | 153.00 | 166.00 | 86.00 | 129.00 | 128.00 | 158.00 | 88.00 | 123.00 | 113.00 | 133.00 | 106.00 | 142.00 |
| Tax % | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 24.00 | 40.00 | 25.00 | 25.00 | -46.00 | 28.00 | 25.00 | 25.00 |
| Net Profit | 91.00 | 115.00 | 125.00 | 64.00 | 97.00 | 97.00 | 94.00 | 66.00 | 92.00 | 165.00 | 96.00 | 79.00 | 106.00 |
| EPS in Rs | 3.35 | 4.20 | 4.60 | 2.35 | 3.55 | 3.58 | 3.46 | 2.41 | 3.40 | 6.05 | 3.52 | 2.92 | 3.91 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,797.00 | 2,450.00 | 2,305.00 | 2,071.00 | 1,312.00 | 789.00 | 1,210.00 | 1,155.00 | 1,034.00 | 868.00 | 767.00 | 702.00 |
| Expenses | 1,938.00 | 1,700.00 | 1,598.00 | 1,403.00 | 906.00 | 608.00 | 867.00 | 925.00 | 818.00 | 722.00 | 632.00 | 577.00 |
| Operating Profit | 860.00 | 750.00 | 707.00 | 668.00 | 407.00 | 181.00 | 343.00 | 230.00 | 216.00 | 146.00 | 135.00 | 125.00 |
| OPM % | 31.00 | 31.00 | 31.00 | 32.00 | 31.00 | 23.00 | 28.00 | 20.00 | 21.00 | 17.00 | 18.00 | 18.00 |
| Other Income | 95.00 | 94.00 | 65.00 | 51.00 | 55.00 | 76.00 | 23.00 | 17.00 | 8.00 | 9.00 | 3.00 | 7.00 |
| Interest | 111.00 | 90.00 | 78.00 | 63.00 | 50.00 | 44.00 | 39.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 310.00 | 257.00 | 228.00 | 178.00 | 134.00 | 121.00 | 120.00 | 22.00 | 19.00 | 16.00 | 13.00 | 12.00 |
| Profit before tax | 533.00 | 496.00 | 466.00 | 479.00 | 278.00 | 91.00 | 207.00 | 224.00 | 205.00 | 139.00 | 125.00 | 120.00 |
| Tax % | 25.00 | 30.00 | 10.00 | 26.00 | 25.00 | 20.00 | 27.00 | 34.00 | 34.00 | 34.00 | 34.00 | 34.00 |
| Net Profit | 400.00 | 350.00 | 418.00 | 354.00 | 208.00 | 73.00 | 152.00 | 148.00 | 135.00 | 92.00 | 82.00 | 79.00 |
| EPS in Rs | 14.69 | 12.84 | 15.37 | 13.03 | 7.65 | 2.73 | 11.44 | 11.14 | 91.78 | 62.13 | 55.71 | 53.84 |
| Dividend Payout % | 41.00 | 156.00 | 33.00 | 31.00 | 29.00 | 55.00 | 26.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 136.00 | 136.00 | 136.00 | 136.00 | 136.00 | 133.00 | 133.00 | 133.00 | 15.00 | 15.00 | 15.00 | 15.00 |
| Reserves | 1,817.00 | 1,543.00 | 1,699.00 | 1,378.00 | 1,102.00 | 672.00 | 647.00 | 532.00 | 547.00 | 441.00 | 374.00 | 314.00 |
| Borrowings | 1,570.00 | 1,227.00 | 1,098.00 | 938.00 | 692.00 | 566.00 | 536.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 413.00 | 364.00 | 356.00 | 376.00 | 324.00 | 242.00 | 190.00 | 219.00 | 164.00 | 150.00 | 99.00 | 103.00 |
| Total Liabilities | 3,936.00 | 3,271.00 | 3,289.00 | 2,828.00 | 2,255.00 | 1,612.00 | 1,506.00 | 884.00 | 726.00 | 606.00 | 488.00 | 431.00 |
| Fixed Assets | 1,980.00 | 1,597.00 | 1,476.00 | 1,286.00 | 847.00 | 722.00 | 705.00 | 222.00 | 183.00 | 170.00 | 134.00 | 122.00 |
| CWIP | 18.00 | 9.00 | 9.00 | 18.00 | 6.00 | 5.00 | 13.00 | 4.00 | 6.00 | 4.00 | 1.00 | 0.00 |
| Investments | 675.00 | 552.00 | 765.00 | 496.00 | 398.00 | 397.00 | 346.00 | 208.00 | 184.00 | 96.00 | 77.00 | 37.00 |
| Other Assets | 1,263.00 | 1,112.00 | 1,039.00 | 1,028.00 | 1,004.00 | 488.00 | 443.00 | 450.00 | 352.00 | 336.00 | 277.00 | 272.00 |
| Total Assets | 3,936.00 | 3,271.00 | 3,289.00 | 2,828.00 | 2,255.00 | 1,612.00 | 1,506.00 | 884.00 | 726.00 | 606.00 | 488.00 | 431.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 476.00 | 687.00 | 585.00 | 372.00 | 218.00 | 244.00 | 272.00 | 107.00 | 157.00 | 83.00 |
| Cash from Investing Activity | -100.00 | 129.00 | -250.00 | -47.00 | -299.00 | -116.00 | -161.00 | -67.00 | -93.00 | -84.00 |
| Cash from Financing Activity | -436.00 | -768.00 | -319.00 | -355.00 | 118.00 | -116.00 | -112.00 | -44.00 | -53.00 | 0.00 |
| Net Cash Flow | -60.00 | 48.00 | 16.00 | -30.00 | 38.00 | 12.00 | -1.00 | -4.00 | 10.00 | -1.00 |
| Free Cash Flow | 337.00 | 600.00 | 470.00 | 280.00 | 171.00 | 219.00 | 229.00 | 49.00 | 124.00 | 25.00 |
| CFO/OP % | 70.00 | 109.00 | 94.00 | 77.00 | 71.00 | 146.00 | 96.00 | 79.00 | 102.00 | 88.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 6.00 | 7.00 | 6.00 | 8.00 | 6.00 | 10.00 | 2.00 | 3.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Inventory Days | 263.00 | 223.00 | 266.00 | 265.00 | 278.00 | 295.00 | 221.00 | 234.00 | 207.00 | 219.00 | 219.00 | 215.00 |
| Days Payable | 86.00 | 79.00 | 96.00 | 120.00 | 140.00 | 210.00 | 107.00 | 127.00 | 104.00 | 86.00 | 77.00 | 85.00 |
| Cash Conversion Cycle | 184.00 | 151.00 | 176.00 | 153.00 | 144.00 | 95.00 | 117.00 | 110.00 | 105.00 | 134.00 | 144.00 | 131.00 |
| Working Capital Days | 57.00 | 52.00 | 47.00 | 47.00 | 33.00 | 13.00 | 33.00 | 56.00 | 47.00 | 57.00 | 70.00 | 73.00 |
| ROCE % | 20.00 | 20.00 | 20.00 | 24.00 | 20.00 | 10.00 | 25.00 | 37.00 | 40.00 | 32.00 | 35.00 | 40.00 |
Corporate Actions
12 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 02 Feb 2026 | 02 Feb 2026 | — | 3.00 | |
| Dividend | 04 Sep 2025 | 05 Sep 2025 | — | 2.50 | |
| Dividend | 07 Mar 2025 | 07 Mar 2025 | — | 14.50 | NSE/BSE dividend mismatch: BSE/NSE=3.0; BSE/NSE=14.5 |
| Dividend | 07 Mar 2025 | 07 Mar 2025 | — | 3.00 | NSE/BSE dividend mismatch: BSE/NSE=3.0; BSE/NSE=14.5 |
| Other | 12 Sep 2024 | — | — | — | Annual General Meeting |
| Dividend | 06 Sep 2024 | 06 Sep 2024 | — | 2.25 | |
| Dividend | 31 Jan 2024 | 31 Jan 2024 | — | 2.75 | |
| Other | 06 Sep 2023 | — | — | — | Annual General Meeting |
| Dividend | 01 Sep 2023 | 01 Sep 2023 | — | 1.50 | |
| Dividend | 27 Jan 2023 | 28 Jan 2023 | — | 2.50 | |
| Dividend | 29 Aug 2022 | 31 Aug 2022 | — | 0.75 | |
| Dividend | 16 Mar 2022 | 19 Mar 2022 | — | 1.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update2 Apr from care
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Rating update25 Mar 2025 from care
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Rating update4 Apr 2024 from care
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Rating update29 Mar 2022 from care
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Rating update7 Apr 2021 from care