Metro Brands

Mumbai, India Founded: 1977 • Age: 49 yrs Listed
Footwear, footcare, and accessories are retailed through multiple outlets.

About Metro Brands

Metro Brands is a publicly listed company based in Mumbai (India) founded in 1977 by Malik Tejani. Footwear, footcare, and accessories are retailed through multiple outlets. The company has 6,060 employees. Metro Brands has completed 1 acquisition, including Cravatex Brands. Its chief executive, as recorded, is Farah Malik Bhanji. Its Indian entity Metro Brands Limited reported revenue of β‚Ή2,969 Cr. Metro Brands offers products and services including Footwear and Accessories. Its focus areas include Consumer Goods, Footwear Brands, Multi-Category and Men & Women.

Company details

Metro Brands was founded in 1977 in Mumbai, India, and operates in the retail sector focused on footwear, footcare, and accessories. Various products, including shoes, fit flops, walkway shoes, and slippers, are manufactured and distributed across numerous outlets. Multiple brands of footwear are provided to customers in the Indian market, with management led by key executives such as the CEO and Co-CEO.

Recognitions & Rankings of Metro Brands

India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#175
Valuation
₹34,770 Cr
2023 #141 2022 #173 2021 #318
  • Headquarters Mumbai, India
  • Employees 6,060
  • Founders Malik Tejani
  • Stage Public
  • Sectors
    Consumer
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website metrobrands.com
  • Social LinkedIn
  • Legal Name Metro Brands Ltd.
Operational Areas
Key Metrics
  • Market Cap
    ₹23,307 Cr

    METROBRAND · NSE

  • Share Price
    ₹819.30

    -4.17% today

  • Revenue
    ₹2,864 Cr

    FY 2025-26 · +14.2% YoY

  • EBITDA
    ₹867 Cr

    Margin 30.3%

  • Net Profit
    ₹409 Cr

    FY 2025-26 · +23.8% YoY

  • P/E (TTM)
    57.2x

    P/B 11.3x

  • ROE
    22.5%

    ROCE 20.4%

  • Debt / Equity
    0.76

    Interest cover 19.9x

  • Employee Count
    6,060
  • Investments & Acquisitions

Products & Services of Metro Brands

Metro Brands offers a comprehensive portfolio of products and services, including Footwear and Accessories.

Footwear
Apparel

Footwear is provided for men, women, and kids under various brands

Accessories
Fashion Accessories

Accessories are supplied alongside footwear products

Board of directors of Metro Brands Limited (Metro Brands)

Metro Brands Limited is the primary company behind Metro Brands. The board of Metro Brands Limited currently have 10 directors; the longest-serving is Rafique Abdul Malik, appointed in 1987. 14 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rafique Abdul Malik
DIN 00521563
Director05 Feb 198739 yrs 8 moMetro Brands Limited
Farah Malik Bhanji
DIN 00530676
Managing Director18 Dec 200124 yrs 10 moMetro Brands Limited
Utpal Hemendra Sheth
DIN 00081012
Director23 Oct 201511 yrsMetro Brands Limited
Vikas Vijaykumar Khemani
DIN 00065941
Director12 Mar 20197 yrs 7 moMetro Brands Limited
Mohammed Iqbal Hasanally Dossani
DIN 08908594
Whole-time director26 Nov 20205 yrs 10 moMetro Brands Limited
Mithun Padam Sacheti
DIN 01683592
Director19 Oct 20233 yrsMetro Brands Limited
Alisha Rafique Malik
DIN 10719537
Whole-time director01 Sep 20242 yrs 1 moMetro Brands Limited
Bhaskar Bhat
DIN 00148778
Director06 Feb 20251 yr 8 moMetro Brands Limited
Radhika Dilip Piramal
DIN 02105221
Director06 Feb 20251 yr 8 moMetro Brands Limited
Sonny Iqbal
DIN 02962053
Director05 Aug 20262 moMetro Brands Limited

People of Metro Brands

16 people are tracked at Metro Brands (4 in leadership, 12 in team); the tracked headcount is 6,060.

NameRoleGroup
Malik Tejani
FounderLeadership
CEO & Managing DirectorLeadership
Nissan Joseph
Co-CEOLeadership
Mohammad Sajid
Head Regional OperationsLeadership
Virendra Singh Chouhan
Sales ManagerTeam
Hemant More
ExecutiveTeam
Shaikhmohammed Amirfaisal
Sales ExecutiveTeam
Amit Choudhary
Area Sales ManagerTeam
Mohd Rehbar
Sales AssociateTeam
Mayur Chauhan
Business Development ManagerTeam
Pankaj Kumar
Asst Buyer At Metro Shoes LtdTeam
Mohmedhusein Moledina
MerchandizerTeam
Deepak Modsingh
MerchandiserTeam
Saeed Patel
Gents BuyerTeam
Mohdhusein Moledina
BuyerTeam
Abhishek Bhadouriya
Quality Assurance SpecialistTeam
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Complete people profiles for Metro Brands

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of Metro Brands

Metro Brands is a publicly listed company on the NSE with ticker symbol METROBRAND in India, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date22 Dec 2021
  • Listed onBSE: 543426 · NSE: METROBRAND
  • Listed entityMetro Brands Ltd.
  • Exchange sectorRetail trade
  • ISININE317I01021
  • Share price₹894.45 (+0.8% on the day) · 2026-10-14
  • Market capitalisation₹24,194 Cr
  • Price to earnings60.1
  • EPS (diluted, trailing year)₹14.88
  • Dividend yield0.71%
  • Volume (last session)23,325

Financials of Metro Brands

Exchange-reported figures of Metro Brands Limited, the listed company behind Metro Brands (NSE: METROBRAND).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹2,864 Cr
+14.2% YoY
EBITDA
₹867 Cr
+14.5% YoY
Profit After Tax
₹409 Cr
+23.8% YoY
Net Worth
₹1,993 Cr
+16.6% YoY
Total Assets
₹3,598 Cr
+21.3% YoY
Total Debt
₹1,570 Cr
+28.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,8642,5072,3572,1271,3438001,285
Revenue growth+14.2%+6.4%+10.8%+58.4%+67.9%-37.8%-
EBITDA867757700679409173353
EBITDA margin+30.3%+30.2%+29.7%+31.9%+30.5%+21.6%+27.5%
Profit before tax55150446548928384.51218
Net profit40933041335821166.65159
Net profit margin+14.3%+13.2%+17.5%+16.8%+15.7%+8.3%+12.3%
EPS (β‚Ή)15.0912.8815.1713.307.792.5711.80
Balance sheet
Total assets3,5982,9662,9932,5221,9801,4151,380
Net worth1,9931,7091,8641,5481,265828807
Total debt1,5701,2271,098943692567549
Cash & bank41.8110111219839687.9210.88
Net working capital756670597652641221254
Cash flow
Cash from operations474698590381220265273
Cash from investing(99.99)122(251)(51.56)(301)(122)(163)
Cash from financing(436)(773)(323)(359)116(127)(112)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue730720773811651628643703
Revenue growth (YoY)+12.2%+14.7%+20.3%+15.4%+11.2%+9.1%--
Other income23.2626.6931.5516.5328.2429.4423.4923.89
EBITDA197215238265171194197225
EBITDA margin+27.0%+29.8%+30.8%+32.7%+26.2%+30.9%+30.7%+32.0%
Depreciation87.9184.9783.8379.9478.4068.8470.1065.50
Interest30.0029.6229.0128.8129.4423.6824.3923.47
Profit before tax10312715717391.12131126160
Tax25.4831.4938.8742.3422.1432.0230.8764.88
Net profit77.2895.2611813068.9898.8095.3495.08
EPS (β‚Ή)2.773.434.274.702.483.613.473.46
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,7972,4502,3052,0711,3127891,210
Revenue growth+14.2%+6.3%+11.3%+57.8%+66.4%-34.8%-
EBITDA854748703667403178340
EBITDA margin+30.5%+30.6%+30.5%+32.2%+30.7%+22.6%+28.2%
Profit before tax53349646647927891.13207
Net profit39832941835020770.92154
Net profit margin+14.2%+13.4%+18.1%+16.9%+15.8%+9.0%+12.7%
EPS (β‚Ή)14.6912.8415.3713.037.652.7311.44
Balance sheet
Total assets3,5232,9072,9342,4571,9301,3701,316
Net worth1,9531,6791,8351,5141,238805780
Total debt1,5701,2271,098938692566536
Cash & bank32.3392.6887.3418339483.3810.44
Net working capital686613529576605187198
Cash flow
Cash from operations476687585372218244272
Cash from investing(99.78)129(250)(46.82)(299)(116)(161)
Cash from financing(436)(768)(319)(355)118(116)(112)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue712702757789636615632688
Revenue growth (YoY)+11.9%+14.1%+19.8%+14.7%+12.2%+9.2%--
Other income22.1925.7830.8515.3726.0427.9427.3022.56
Total expenses519491523530469422437464
EBITDA193211234259167193195224
EBITDA margin+27.1%+30.0%+31.0%+32.9%+26.3%+31.4%+30.9%+32.6%
Depreciation87.7384.8083.6779.7778.2368.6769.9565.30
Interest30.0029.6129.0128.7929.4323.6724.3423.47
Profit before tax97.5012215316685.70129128158
Tax24.5030.6337.9841.0221.6031.9730.5263.61

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue730720773811651628643703
Revenue growth (YoY)+12.2%+14.7%+20.3%+15.4%+11.2%+9.1%--
Other income23.2626.6931.5516.5328.2429.4423.4923.89
EBITDA197215238265171194197225
EBITDA margin+27.0%+29.8%+30.8%+32.7%+26.2%+30.9%+30.7%+32.0%
Depreciation87.9184.9783.8379.9478.4068.8470.1065.50
Interest30.0029.6229.0128.8129.4423.6824.3923.47
Profit before tax10312715717391.12131126160
Tax25.4831.4938.8742.3422.1432.0230.8764.88
Net profit77.2895.2611813068.9898.8095.3495.08
EPS (β‚Ή)2.773.434.274.702.483.613.473.46
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,8642,5072,3572,1271,3438001,285
Revenue growth+14.2%+6.4%+10.8%+58.4%+67.9%-37.8%-
Other income10694.6273.8454.4158.6478.4825.91
Total expenses1,9961,7501,6571,448934627932
Employee cost280245228184121103127
EBITDA867757700679409173353
EBITDA margin+30.3%+30.2%+29.7%+31.9%+30.5%+21.6%+27.5%
Depreciation311258229181134122121
Interest11190.4678.8963.0650.4344.8139.73
Profit before tax55150446548928384.51218
Tax13514949.9312670.1819.2958.69
Net profit40933041335821166.65159
Net profit margin+14.3%+13.2%+17.5%+16.8%+15.7%+8.3%+12.3%
EPS (β‚Ή)15.0912.8815.1713.307.792.5711.80
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital136136136136136133133
Reserves & surplus1,8571,5731,7281,4121,129695675
Shareholders' funds (net worth)1,9931,7091,8641,5481,265828807
Minority interest33.5528.8629.3826.4022.4419.8623.47
Secured loans0.000.000.001.520.000.0011.52
Unsecured loans1,5701,2271,098941692567538
Total debt1,5701,2271,098943692567549
Total liabilities3,5982,9662,9932,5221,9801,4151,380
Assets
Gross block3,1082,4752,1411,7901,2761,039980
Net block1,9841,6021,4821,302848724708
Capital work in progress18.229.389.3017.846.194.5413.03
Investments673550750478401400348
Inventories856637710646424290376
Sundry debtors99.8291.2075.6710548.3950.5570.13
Cash & bank balances41.8110111219839687.9210.88
Loans & advances17621058.5487.4697.1037.3034.07
Total current assets1,1731,0399571,037966466491
Total current liabilities417369360385325244237
Net working capital756670597652641221254
Total assets3,5982,9662,9932,5221,9801,4151,380
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash94.8447.9231.8361.5426.3210.5011.53
Net cash from operating activities474698590381220265273
Net cash from investing activities(99.99)122(251)(51.56)(301)(122)(163)
Net cash from financing activities(436)(773)(323)(359)116(127)(112)
Net change in cash(62.27)46.9216.09(29.71)35.2215.82(1.03)
Closing cash41.8110111219839687.9210.88
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+14.2%+6.4%+10.8%+58.4%+67.9%-37.8%-
EBITDA growth+14.5%+8.3%+3.1%+65.9%+137.0%-51.1%-
PBT growth+9.5%+8.2%-4.8%+72.7%+235.0%-61.3%-4.3%
Net income growth+23.8%-20.0%+15.5%+69.2%+217.1%-58.0%-
Revenue CAGR (3Y)+10.4%+23.1%+43.4%+18.3%+3.3%-9.4%+7.6%
EBITDA CAGR (3Y)+8.5%+22.8%+59.4%+24.4%+6.8%-8.6%+31.7%
Profitability & leverage
Net income margin+14.5%+14.1%+17.6%+17.1%+15.9%+8.2%+12.4%
Return on capital employed+20.4%+20.1%+19.9%+24.8%+19.9%+9.4%+21.2%
Return on net worth+22.5%+19.8%+24.4%+25.8%+20.4%+8.0%+21.9%
Debt / equity0.760.650.600.580.600.680.67
Long-term debt / equity0.650.560.520.500.520.580.55
Interest cover19.9418.1116.7712.6718.3488.1417.11
Efficiency & per share
Fixed asset turnover1.031.091.201.631.160.791.48
Inventory turnover3.843.723.484.673.762.403.47
Debtors turnover29.9830.0526.0532.4927.1513.2621.06
EPS (β‚Ή)15.0912.8815.1713.307.792.5711.80
Dividend per share (β‚Ή)6.0020.005.004.002.251.503.00
Book value per share (β‚Ή)73.1262.7768.5356.9646.5831.1760.80
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue712702757789636615632688
Revenue growth (YoY)+11.9%+14.1%+19.8%+14.7%+12.2%+9.2%--
Other income22.1925.7830.8515.3726.0427.9427.3022.56
Total expenses519491523530469422437464
EBITDA193211234259167193195224
EBITDA margin+27.1%+30.0%+31.0%+32.9%+26.3%+31.4%+30.9%+32.6%
Depreciation87.7384.8083.6779.7778.2368.6769.9565.30
Interest30.0029.6129.0128.7929.4323.6724.3423.47
Profit before tax97.5012215316685.70129128158
Tax24.5030.6337.9841.0221.6031.9730.5263.61
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,7972,4502,3052,0711,3127891,210
Revenue growth+14.2%+6.3%+11.3%+57.8%+66.4%-34.8%-
Other income10095.3369.3052.5558.3878.5425.39
Total expenses1,9431,7011,6021,404909611869
Employee cost26623321717611697.17113
EBITDA854748703667403178340
EBITDA margin+30.5%+30.6%+30.5%+32.2%+30.7%+22.6%+28.2%
Depreciation310257228178134121120
Interest11190.3778.5062.7250.3144.1738.85
Profit before tax53349646647927891.13207
Tax13314748.0412569.9018.6255.21
Net profit39832941835020770.92154
Net profit margin+14.2%+13.4%+18.1%+16.9%+15.8%+9.0%+12.7%
EPS (β‚Ή)14.6912.8415.3713.037.652.7311.44
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital136136136136136133133
Reserves & surplus1,8161,5431,6991,3781,102672647
Shareholders' funds (net worth)1,9531,6791,8351,5141,238805780
Secured loans0.000.000.000.000.000.000.00
Unsecured loans1,5701,2271,098938692566536
Total debt1,5701,2271,098938692566536
Total liabilities3,5232,9072,9342,4571,9301,3701,316
Assets
Gross block3,0972,4632,1281,7701,2731,035903
Net block1,9801,5971,4761,286847722705
Capital work in progress18.229.389.3017.846.194.5413.03
Investments675552765496398397346
Inventories844629698625419284320
Sundry debtors49.8347.9737.4947.7120.9422.498.09
Cash & bank balances32.3392.6887.3418339483.3810.44
Loans & advances17220761.5291.5695.6638.7349.34
Total current assets1,098977885947930429388
Total current liabilities413364355371324242190
Net working capital686613529576605187198
Total assets3,5232,9072,9342,4571,9301,3701,316
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash92.5444.9529.2859.3721.7710.0511.14
Net cash from operating activities476687585372218244272
Net cash from investing activities(99.78)129(250)(46.82)(299)(116)(161)
Net cash from financing activities(436)(768)(319)(355)118(116)(112)
Net change in cash(60.27)47.5915.67(30.09)37.6011.72(1.09)
Closing cash32.3392.6887.3418339483.3810.44
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+14.2%+6.3%+11.3%+57.8%+66.4%-34.8%-
EBITDA growth+14.1%+6.5%+5.4%+65.3%+126.6%-47.7%-
PBT growth+7.4%+6.5%-2.7%+72.5%+204.6%-56.0%-7.5%
Net income growth+21.2%-21.4%+19.4%+68.8%+192.4%-53.9%-
Revenue CAGR (3Y)+10.5%+23.1%+43.0%+19.6%+4.4%-8.6%+11.7%
EBITDA CAGR (3Y)+8.6%+22.9%+58.1%+25.1%+20.9%-6.1%+33.1%
Profitability & leverage
Net income margin+14.3%+14.3%+18.1%+17.1%+15.8%+9.2%+12.6%
Return on capital employed+20.0%+20.1%+20.2%+24.7%+19.9%+10.1%+24.8%
Return on net worth+22.1%+19.9%+25.0%+25.7%+20.3%+9.2%+21.0%
Debt / equity0.770.660.610.590.620.700.37
Long-term debt / equity0.660.570.530.510.530.600.32
Interest cover20.4018.3916.5212.8318.6777.8217.62
Efficiency & per share
Fixed asset turnover1.011.071.181.601.140.811.99
Inventory turnover3.803.693.484.663.732.613.72
Debtors turnover57.2057.3354.1170.8560.4451.59132.20
EPS (β‚Ή)14.6912.8415.3713.037.652.7311.44
Dividend per share (β‚Ή)6.0020.005.004.002.251.503.00
Book value per share (β‚Ή)71.6561.6867.4855.7045.5930.3058.75

Investments & Acquisitions by Metro Brands

Metro Brands has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cravatex Brands.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Lifestyle, sports, and wellness products are retailed by Cravatex Brands.
cravatexbrands.comMumbai, India1951Oct 2022$24.41M
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Complete acquisition details for Metro Brands

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Timeline of Metro Brands

3 dated milestones of Metro Brands across 45 years, from founding to its latest funding, stage changes and deals.

  1. Founded Metro Brands is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Cravatex Brands.

Web traffic of Metro Brands

The website of Metro Brands (metrobrands.com) receives about 9.7K visits a month.

  • Monthly visits
    9.7K

    ▼ 25.3% vs previous month

Similar websites

Websites whose visitors overlap most with Metro Brands. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
topstockresearch.com
100%
#222,815View details
plutomoney.in
plutomoney.in
60%
#2,505,746–
metroshoes.com
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29%
#65,497–

Top companies in Footwear Brands

3 companies that operate in the same segment as Metro Brands (Footwear Brands) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-category footwear for men, women, and kids is sold online.
2005Delhi, Delhi, IndiaUSD 48.76 MUSD 189.08 M7,750
Manufacturer of slippers, sandals, and sports & casual shoes
1976Rohtak, Haryana, IndiaUSD 287.67 M19,960
Online platform for purchasing top international fashion and footwear brands.
2016Bengaluru, Karnataka, India
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Related news about Metro Brands

METROBRAND: Q2 REVENUE 7.1B RUPEES VS 6.35B (YOY)
Exchange Update β€’ 8 days ago
METROBRAND: Q2 SL NET PROFIT 730M RUPEES VS 641M (YOY); EST 820M
Exchange Update β€’ 8 days ago
METROBRAND: Q2 EBITDA 1.93B RUPEES VS 1.7B (YOY); Q2 EBITDA MARGIN 27.17% VS 26.42% (YOY)
Exchange Update β€’ 8 days ago
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Complete news archive for Metro Brands

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Frequently Asked Questions about Metro Brands

Metro Brands was founded in 1977.

Metro Brands is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Farah Malik Bhanji is the CEO of Metro Brands, as recorded in our data.

Metro Brands has 6,060 employees.

The primary company behind Metro Brands, Metro Brands Limited, reported revenue of β‚Ή2,969 Cr for FY 2026, up 14% year on year.

Metro Brands was founded in 1977 in Mumbai, India, and operates in the retail sector focused on footwear, footcare, and accessories. Various products, including shoes, fit flops, walkway shoes, and slippers, are manufactured and distributed across numerous outlets. Multiple brands of footwear are provided to customers in the Indian market, with management led by key executives such as the CEO and Co-CEO.

Metro Brands offers Footwear and Accessories.

Yes, Metro Brands is publicly traded on NSE under the ticker symbol METROBRAND.

Metro Brands has made 1 acquisition, including Cravatex Brands.

Metro Brands operates through Metro Brands Limited.

The legal entities of Metro Brands currently have 13 directors, including Mohammed Iqbal Hasanally Dossani, Nissan Joseph, Kaushal Khodidas Parekh and others.

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