METROBRANDConsumer Discretionary

Metro Brands Limited

Footwear · ISIN INE317I01021 · BSE 543426 · NSE EQ · FV ₹5
Last price
₹855
+2.70%today
What this company does

Metro Brands Limited operates in Footwear, part of the Consumer Discretionary sector. It booked ₹730 cr of revenue in its latest quarter (Q2 FY27) and kept 10.4% of sales as profit. It is the largest of 9 Footwear companies we track, by market value.

“and customer relevance, ensuring that every committed to building a business that grows new store adds meaningful value.”
In the report:
67out of 100
Equitytale Health Score
Solid

Healthier than 67% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 178–428 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
42

At close. Not part of the score.

Profitability & returns72

How much profit it earns on the money it employs

Balance sheet82

How much it owes, and whether earnings cover the interest

Cash quality72

Whether reported profit actually arrives as cash

Growth & consistency69

Whether sales and profit have grown, and how steadily

Valuation7

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 11,115% vs last year
✓ Profit up 11,094% vs last year
✓ Promoters hold 72%
✓ No promoter shares pledged
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in METROBRAND?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 14% a year, it would become
₹24.93 lakh

The slider starts at 14%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹855▲ +2.70%
latest close · 2026-11-04
52-wk low ₹426204 sessions so far52-wk high ₹1,083
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio76.9High
LowAverageHigh
P/B ratio11.14High
Below bookModerateHigh
EV / EBITDA26.4High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.5%Fair
WeakFairStrong ▸15%
Return on capital15.1%Strong
WeakFairStrong
Net margin10.4%Decent
ThinDecentStrong
EBITDA margin30.2%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover4.4×Okay
RiskyOkayStrong ▸5×
Current ratio2.96Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹23,306 cr
Book value
₹77
EPS
₹2.78
latest quarter
Net debt
₹-35 cr
more cash than debt
Enterprise value
₹23,271 cr
EBITDA
₹881 cr
annualised
EBIT
₹530 cr
annualised
Operating margin
18.1%
Return on assets
7.3%
Earnings yield
1.30%
P/S
7.98
Sales / share
₹107.1
Tax rate
24.9%
Face value
₹5
Shares
27.3 cr
Working capital
₹1,283 cr
Current assets
₹1,937 cr
Current liabilities
₹654 cr
Delivery %
49.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹110–₹164, midpoint ₹151

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹730 cr
Other Income₹23 cr
Total Income₹753 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹380 cr
Inventory Change (±)₹-69 cr
Employee Benefit Expense₹84 cr
Finance Costs₹30 cr
Depreciation & Amortisation₹88 cr
Other Expenses₹137 cr
Total Expenses₹651 cr
Profit before Tax₹102 cr
Tax Expense₹25 cr
Share of JV / Associates₹32 L
Net Profit₹77 cr
Net margin on total income10.3%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹311 cr41.3%
Employee benefit expense₹84 cr11.2%
Finance costs₹30 cr4.0%
Depreciation & amortisation₹88 cr11.7%
Other expenses₹137 cr18.2%
Tax expense₹25 cr3.4%
Profit for the period₹77 cr10.3%
Total income ₹753 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue773 cr720 cr730 cr
Total income804 cr747 cr753 cr
Expenses648 cr620 cr651 cr
Profit before tax156 cr126 cr102 cr
Tax39 cr31 cr25 cr
Net profit (owners' share)117 cr94 cr76 cr
Net margin (owners' share, on revenue)15.1%13.0%10.4%
EPS (₹)4.283.442.78
YoY (latest quarter): total income +10,987.7% · net profit +11,093.7%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹4,151 cr
Shareholder equity
₹2,091 cr
parent shareholders
Total debt
₹0 cr
Cash
₹35 cr
Cash flow · H1 FY27
Operating
₹248 cr
Investing
₹1 cr
Financing
₹-247 cr
Peer comparison
Footwear · by market value
CompanyPriceMarket capP/E
Metro Brands Limitedthis company₹832₹22,693 cr74.9
Bata India Limited₹650₹8,352 cr32.6
Relaxo Footwears Limited₹284₹7,065 cr32.1
Campus Activewear Limited₹194₹5,907 cr51.6
Redtape Limited₹107₹5,904 cr33.4
Sreeleathers Limited₹263₹608 cr21.7
Liberty Shoes Limited₹188₹321 cr117.6
Khadim India Limited₹122₹223 cr108.5
KSR Footwear Limited₹34₹63 cr50.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.70%
trailing 12 months
Dividend / share (TTM)
₹6
Last dividend
₹3
ex 4 Sep 2026
ActionDetailEx-date
Dividend₹3 / share4 Sep 2026
Dividend₹3 / share2 Feb 2026
Dividend₹2.5 / share4 Sep 2025
Dividend₹3 / share7 Mar 2025
Dividend₹14.5 / share7 Mar 2025
Dividend₹2.25 / share6 Sep 2024
Who owns it · 2026-09-30
No pledge
Promoter
71.8%
FII / Foreign
2.8%
DII / Domestic
8.7%
Retail / others
16.8%
Promoter stake down 2.4% over the last 12 quarters.
Smart-money activity
Insider trades
SoldPramod Parshuram Sutar · Employees/Designated Employees2,000 · ₹12.4 L27 Jan 22
SoldDattatray Kisan Awate · Employees/Designated Employees4,700 · ₹27.0 L24 Jan 22
SoldSunildatt Shesmani Pandey · Employees/Designated Employees987 · ₹5.7 L24 Jan 22
Bulk / block deals
short— · NSE1524 Jul 26
short— · NSE4823 Jun 26
short— · NSE1614 May 26
Stake changes
BoughtRukshana Kurbanali Javeri · promoter→ 27.70% · 3,00023 Dec 24
BoughtRafique Malik Family Trust (through Farah Malik Bhanji, Trustee) along with PACs · promoter→ 27.70% · 3,00023 Dec 24
BoughtRafique Malik Family Trust (through Farah Malik Bhanji, Trustee) along with PACs · promoter→ 27.70% · 3,00023 Dec 24
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 16 Sep 2026
See the official result
1
To receive, consider and adopt a) The audited standalone financial statements of the Company for the Financial Year ended March 31, 2026, together with the reports of the Board of Directors and the Auditors thereon; and b) The audited consolidated financial statements of the Company for the Financial Year ended March 31, 2026, together with the Report of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
6.95 cr votes for, 104 against · 0% of mutual funds and other big investors said no
2
To confirm payment of Interim Dividend of ₹3/- per Equity Share of ₹5/- each already paid and to consider and declare Final Dividend of ₹3/- per Equity Share of ₹5/- each for the Financial Year ended March 31, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
6.95 cr votes for, 104 against · 0% of mutual funds and other big investors said no
3
To re-appoint Ms. Alisha Rafique Malik (DIN: 10719537), Whole-time Director of the Company, who retires by rotation and being eligible, offers her candidature for re-appointment.
Promoters had a personal stake in this
Backed by 97% of shareholders other than promotersneeded 50%
6.75 cr votes for, 20.31 L against · 5% of mutual funds and other big investors said no
4
To re-appoint Ms. Farah Malik Bhanji (DIN: 00530676) as Managing Director of the Company
Promoters had a personal stake in this
Backed by 97% of shareholders other than promotersneeded 75%
6.73 cr votes for, 22.06 L against · 6% of mutual funds and other big investors said no
10
10. a. To consider and approve grant of employee stock options to the employees of the subsidiary company of the Company under ‘Metro Brands Limited – Employee Stock Option Scheme 2026’ b. To consider and approve grant of employee stock options to the employees of the associate company of the Company under ‘Metro Brands Limited – Employee Stock Option Scheme 2026’
⚑ Passed only because promoters voted yes
Backed by 73% of shareholders other than promotersneeded 75%
5.10 cr votes for, 1.85 cr against · 61% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 16 named members
owning 71.8% between them · as of 2026-09-30
Aziza Malik Family Trust (Trustee - Farah Malik Bhanji)28.04%
Rafique Malik Family Trust (Trustee - Farah Malik Bhanji)27.65%
ALISHA RAFIQUE MALIK2.90%
Farah Malik Family Trust (Trustee - Rafique Abdul Malik)1.46%
Sabina Malik Family Trust (Trustee - Rafique Abdul Malik)1.46%
Zarah Malik Family Trust (Trustee - Rafique Abdul Malik)1.46%
Zia Malik Family Trust (Trustee - Rafique Abdul Malik)1.46%
FARAH MALIK BHANJI1.44%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.