Metro Brands Ltd

Metro Brands announced that the Board of Directors of the Company at its meeting held on 20 May 2026, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 60%) , subject to the approval of the shareholders.

The company said demand during the quarter was supported by festive and wedding shopping, along with lower GST rates on footwear priced below Rs 2,500. E-commerce and omni-channel sales jumped 53% year-on-year and contributed 12.2% of total revenue during the quarter, up from 9.5% a year ago. EBITDA jumped 20.5% to Rs 238 crore in Q4 FY26, compared with Rs 198 crore in the corresponding quarter last year. EBITDA margin improved marginally to 30.8% in Q4 FY26 from 30.7% in Q4 FY25. On a full-year basis, the company's consolidated net profit jumped 17.33% to Rs 415.89 crore on a 14.21% rise in revenue from operations to Rs 2,863.63 crore in FY26 over FY25. The footwear retailer continued expanding its store network, opening 47 new stores and closing five during the quarter, resulting in a net addition of 42 stores. Overall, the company added 124 stores during FY26, including two FILA Exclusive Brand Outlets focused on the growing athleisure segment. The company also added around 2 lakh square feet of warehousing space during FY26 to strengthen supply chain and delivery operations. Nissan Joseph, CEO, Metro Brands, said, 'Q4 marked a solid finish to FY26, supported by wedding season demand along with sustained traction across our portfolio. We continued to focus on strengthening our retail footprint, accelerating omni-channel capabilities, and investing in operational infrastructure to support long-term growth. The addition of new stores, including FILA EBOs, along with expanded warehousing capacity, positions us well to serve evolving consumer needs more efficiently.' Meanwhile, the company's board has recommended a final dividend of Rs 3 per equity share of face value Rs 5 each for FY26, subject to shareholder approval. Metro Brands is one of the Indian footwear specialty retailers. As of March 31, 2026, the company operated 1,032 stores across 221 cities spread across 31 states and union territories in India.Powered by Capital Market - Live

Net profit of Metro Brands rose 23.07% to Rs 116.61 crore in the quarter ended March 2026 as against Rs 94.75 crore during the previous quarter ended March 2025. Sales rose 20.26% to Rs 772.98 crore in the quarter ended March 2026 as against Rs 642.77 crore during the previous quarter ended March 2025. For the full year,net profit rose 17.27% to Rs 411.17 crore in the year ended March 2026 as against Rs 350.61 crore during the previous year ended March 2025. Sales rose 14.21% to Rs 2863.63 crore in the year ended March 2026 as against Rs 2507.39 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales772.98642.77 20 2863.632507.39 14 OPM %30.7830.68 -30.2930.21 - PBDT240.43196.31 22 862.26761.60 13 PBT156.60126.21 24 551.25503.57 9 NP116.6194.75 23 411.17350.61 17 Powered by Capital Market - Live

Metro Brands will hold a meeting of the Board of Directors of the Company on 20 May 2026.

The agency has also affirmed the company's short-term rating at 'CARE A1+'. Care Edge Ratings stated that the reaffirmation of ratings assigned to Metro Brands Limited's (MBL or the Company) bank facilities is driven by the extensive experience of promoters and long-standing presence in the footwear industry. MBL benefits from a well-established market position and a broad distribution network across India, contributing to consistent operational performance and a robust financial risk profile marked by ample liquidity and low gearing. However, MBL faces challenges in the competitive and fragmented industry landscape dominated by unorganised players, and aggressive expansion by emerging brands and reliance on unorganised vendors or third parties for manufacturing. The company's ability to adapt to evolving industry dynamics, scale up operations, maintain healthy margins, and uphold a resilient financial risk profile will be crucial determinants of ratings. Metro Brands is one of India's largest specialty footwear retailers, operating in premium and economy categories. As on 31 December 2025, MBL has a nationwide presence with 990 stores across 212 cities in 31 states and union territories, complemented by a rapidly growing online presence. The company had reported 35.71% rise in consolidated net profit to Rs 128.35 crore on a 15.39% to Rs 811.27 crore in Q3 FY26 over Q3 FY25. The scrip had risen 2.26% to end at Rs 938.60 on the BSE yesterday.

Metro Brands has received credit rating of CARE AA; Stable/ CARE A1+ for the company's bank facilities of Rs 56 crore.

Metro Brands has allotted 69,263 equity shares under EOSP on 16 March 2026. Consequent to this allotment, the paid-up share capital of the company has increased to Rs 1,36,27,33,690/- (consisting of 27,25,46,738 equity shares of Rs 5 each).Powered by Capital Market - Live

Metro Brands announced that NSE Sustainability Ratings and Analytics(NSE Sustainability) has voluntarily improved the ESG rating of the Company to '66' for FY 2024-25 from '65' for FY 2023-24 under the category 'Aspiring'.Powered by Capital Market - Live

The revenue growth was driven by strong festive and wedding season demand, supported by a reduction in GST on footwear priced below Rs 2,500. Profit after tax (PAT) was impacted by a one-time charge of Rs 3.39 crore due to an increase in actuarial provisions for gratuity and leave encashment following the implementation of the new Labour Code with effect from November 21, 2025. E-commerce and omni-channel sales grew 24% during the quarter, contributing 12% of total revenue, compared to 11% in Q3 FY25. EBITDA jumped 17.6% to Rs 265 crore, compared with Rs 226 crore posted in corresponding quarter last year. EBITDA margin improved to 32.7% in Q3 FY26 as against 32.1% in Q3 FY25. During Q3 FY26, the company opened 35 new stores and closed 11. Nissan Joseph, CEO, Metro Brands, said, 'I'm pleased to see our growth momentum continue with a 15% increase in revenue. Q3 reinforces our view that long term retail success is built through scale, portfolio depth, and rigorous execution. We are shaping a diversified platform that spans fashion, comfort, and performance, with strong omni-channel capability at its core. Our investments in brand, digital, and international partnerships are deliberate and long-term, and they are designed to strengthen resilience and compound growth over time.' Meanwhile, the company's board declared interim dividend of Rs 3 per equity share of face value Rs 5 for FY26. The record date has been fixed as 2 February 2026 and the dividend will be paid within 30 days from the date of declaration. Additionally, the board approved the re-appointment of Nissan Joseph as chief executive officer (CEO) for period of 5 years, with effect from July 01, 2026. Metro Brands is one of the Indian footwear specialty retailers. As of December 31, 2025, the company operated 990 Stores across 212 cities spread across 31 states and union territories in India.Powered by Capital Market - Live

Revenue from operations rose 15.38% year-on-year (YoY) to Rs 811.27 crore for the quarter ended 31 December 2025, driven by strong festive and wedding season demand and supported by a reduction in GST on footwear priced below Rs 2,500. Total expenditure increased 15.53% YoY to Rs 655.09 crore in Q3 FY26, compared with Rs 567.02 crore in Q3 FY25. Employee benefit expenses rose 21.62% YoY to Rs 77.10 crore, while finance costs increased 22.75% YoY to Rs 28.81 crore during the quarter. Profit before tax in Q3 FY26 stood at Rs 172.71 crore, up 7.97% from Rs 159.96 crore in Q3 FY25. EBITDA improved 17.6% YoY to Rs 265 crore in Q3 FY26 from Rs 226 crore in Q3 FY25. EBITDA margin improved to 32.7% in Q3 FY26 from 32.1% in Q3 FY25. E-commerce and omni-channel sales grew 24% during the quarter, contributing 12% of revenue, compared with 11% in Q3 FY25. During Q3 FY26, the company opened 35 new stores and closed 11. On a nine-month basis, the company's consolidated net profit jumped 15.12% YoY to Rs 294.56 crore, while revenue increased 12.12% YoY to Rs 2,090.65 crore in 9M FY26 compared with 9M FY25. Over the nine-month period, 100 new stores were added, offset by 18 closures, reflecting a calibrated approach to network expansion. Nissan Joseph, CEO, Metro Brands, said, 'I'm pleased to see our growth momentum continue with a 15% increase in revenue. Q3 reinforces our view that long-term retail success is built through scale, portfolio depth, and rigorous execution. We are shaping a diversified platform that spans fashion, comfort, and performance, with strong omni-channel capability at its core. Our investments in brand, digital, and international partnerships are deliberate and long-term, and they are designed to strengthen resilience and compound growth over time.' Metro Brands is one of the largest Indian footwear speciality retailers. Metro Brands retails footwear under its own brands of Metro, Mochi, Walkway, Da Vinchi and J. Fontini, as well as certain third‐party brands such as Crocs, Fitflop, Fila, Clarks, Skechers, Puma and Adidas, which complement its in‐house brands. As of 31 December 2025, the company operated 990 stores across 212 cities spread across 31 states and union territories in India. The counter slipped 1.64% to Rs 1,042.80 on the BSE. Powered by Capital Market - Live