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Metro Brands Ltd

(METROBRAND)

₹1215.051.56%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Metro Brands Ltd Analyst Rating

based on 19 analysts

HOLD

42.11%

Buy

21.05%

Hold

36.84%

Sell

Based on 19 analysts offering long term price targets for Metro Brands Ltd. An average target of ₹1267

Source: S&P Global Market Intelligence

Metro Brands Ltd Share analysis

Metro Brands Ltd price forecast by 19 analysts

Upside of2.65%

High

₹1525

Target

₹1267.00

Low

₹875

Metro Brands Ltd target price ₹1267, a slight upside of 2.65% compared to current price of ₹1215.05. According to 19 analysts rating.

Source: S&P Global Market Intelligence

Metro Brands Ltd Performance

  • Day's Low

    Day's High

    ₹1,210
    ₹1,254.15
  • 52 Week's Low

    52 Week's High

    ₹990.05
    ₹1,441.2
1 Month Return+ 0.36 %
3 Month Return-6.28 %
1 Year Return+ 2.43 %
Previous Close₹1,234.30
Open₹1,234.45
Volume53.47K
Upper Circuit-
Lower Circuit-
Market Cap₹33,566.68Cr

Metro Brands Ltd Key Statistics

P/E Ratio81.58
PEG Ratio37.08
Market Cap₹33,566.68 Cr
P/B Ratio17.04
EPS15.17
Dividend Yield0
SectorLeather
ROE24.95

Metro Brands Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹33,566.68 Cr30.04%0.69₹412 Cr₹2,356 Cr
BUY₹9,215.63 Cr-4.07%0.61₹107 Cr₹1,194 Cr
HOLD₹19,468.24 Cr10.08%0.55NANA
HOLD₹18,828.64 Cr-3.43%0.74₹262 Cr₹3,478 Cr

About Metro Brands Ltd

Metro Brands Ltd, incorporated in 1985, is a leading global manufacturer of consumer goods and services. The company operates in several lines of business, including apparel, footwear, accessories, and home goods.

Its popular brands include Metro Sport, Metro Casual, Metro Home, and Metro Active. Metro Sport offers a wide range of performance apparel and footwear, designed to meet the needs of athletes and active individuals. Metro Casual offers a variety of stylish and comfortable apparel and accessories for everyday use. Metro Home provides stylish and comfortable home goods and accessories. Metro Active offers a range of apparel and accessories designed for outdoor activities. Metro Brands Ltd's top products include t-shirts, hoodies, jackets, jeans, shorts, tracksuits, sneakers, and sandals.

Share Price: ₹1215.05 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹33,566.68Cr as of today
Revenue: ₹576.08Cr as on June 2024 (Q2 24)
Net Profit: ₹92.07Cr as on June 2024 (Q2 24)
Listing date: 22 Dec, 2021
Chairperson Name: Rafique A Malik
OrganisationMetro Brands Ltd
HeadquartersMumbai
IndustryLeather
E-voting on sharesClick here to vote

Key events for Metro Brands Ltd

  • IIFL Initiates Buy Rating for Metro Brands - 14 Oct, 2024

    IIFL Securities has initiated a buy rating on Metro Brands, setting a target price of ₹1,425, reflecting a potential upside of 17.7%. The company is expanding its store network aggressively, planning to open 225 stores over the next two financial years.

  • Metro Brands Allocates Shares Under ESOP - 10 Oct, 2024

    Metro Brands has allotted 4,154 equity shares under its Employee Stock Option Plan (ESOP) on October 1, 2024. This allotment increases the paid-up equity share capital to Rs. 1,359,745,420.

  • Metro Shoes Unveils New Brand Ambassadors - 01 Oct, 2024

    Metro Shoes has appointed Triptii Dimri and Vijay Varma as brand ambassadors for its Autumn Winter 2024 campaign, showcasing a festive footwear collection that blends style and functionality.

  • Metro Brands Faces Demand Challenges but Projects Growth - 30 Sep, 2024

    Metro Brands Ltd is experiencing muted demand, with Q1FY25 revenue down 1% year-on-year. However, the company anticipates a rebound in the second half of FY25, projecting revenue growth of 12-15%. Metro plans to open 225 new stores and relaunch the Fila brand. Despite premiumization trends, the stock's valuation remains high, trading at 66 times FY26 estimated earnings, with a delay in demand recovery posing a risk.

  • Metro Brands Receives Hold Rating with Positive Outlook - 26 Sep, 2024

    Prabhudas Lilladher has a 'Hold' rating on Metro Brands with a target price of Rs 1,268. Despite recent muted demand, improvements are expected in the upcoming quarters due to festive seasons and store expansions.

  • Metro Brands Faces Decline Despite Significant Investment - 22 Sep, 2024

    An Indian multi-brand footwear retailer, Metro Brands, has seen a 9.6% stake investment worth Rs 3,253 crore. However, shares have not yielded returns in 2024, down 0.33% YTD, with the last trading price at Rs 1241 per share.

  • Metro Brands Strengthens Position in Footwear Market - 17 Sep, 2024

    Metro Brands leverages an asset-light model for better margins, with over 70% revenue from private brands. The company is enhancing its digital presence and expanding exclusive brand stores for global names like Crocs and FitFlop.

Insights on Metro Brands Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 3.05% to 3.39% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 4.81% to 6.26% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 17.20% to 17.66% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, METROBRAND stock has moved up by 2.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Kalyan Jewellers India Ltd has given 150.2% return, outperforming this stock by 147.8%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 651.45 Cr → 599.45 Cr (in ₹), with an average decrease of 4.0% per quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 74.15% to 71.96% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 155.17 Cr → 91.73 Cr (in ₹), with an average decrease of 40.9% per quarter

Metro Brands Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹582.52Cr (-)₹555.70Cr (↓4.60%)₹635.50Cr (↑14.36%)₹582.98Cr (↓8.26%)₹576.08Cr (↓1.18%)
Net Income₹92.89Cr (-)₹67.11Cr (↓27.75%)₹98.05Cr (↑46.10%)₹154.39Cr (↑57.46%)₹92.07Cr (↓40.37%)
Net Profit Margin15.95% (-)12.08% (↓24.26%)15.43% (↑27.73%)26.48% (↑71.61%)15.98% (↓39.65%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,616.42Cr (-)₹2,258.98Cr (↑39.75%)₹3,039.75Cr (↑34.56%)₹3,536.56Cr (↑16.34%)
Total Liabilities₹811.77Cr (-)₹1,021.09Cr (↑25.79%)₹1,526.22Cr (↑49.47%)₹1,701.45Cr (↑11.48%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹271.90Cr (-)₹244.14Cr (↓10.21%)₹218.44Cr (↓10.53%)₹371.66Cr (↑70.14%)₹584.54Cr (↑57.28%)

Index Inclusions

Nifty MidSmallcap 400

₹20,226.95

-1.55 (-318.85%)

Nifty LargeMidcap 250

₹16,213.95

-0.98 (-159.85%)

S&P BSE 400 MidSmallCap

₹12,432.98

-1.5 (-189.77%)

S&P BSE 250 LargeMidCap

₹10,836.09

-0.63 (-68.92%)

BSE 500

₹36,661.79

-0.72 (-265.21%)

BSE Small-Cap

₹55,648.96

-1.51 (-851.09%)

S&P BSE AllCap

₹10,734.78

-0.78 (-84.78%)

Nifty 500

₹23,263.25

-0.76 (-177.45%)

Nifty Midcap 150

₹21,429.90

-1.5 (-325.75%)

S&P BSE 150 MidCap

₹16,266.28

-1.52 (-250.33%)

Metro Brands Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
71.96%
-2.96
Foreign Institutions
3.39%
11.17
Mutual Funds
6.26%
30.14
Retail Investors
17.66%
2.63
Others
0.74%
-6.24

Metro Brands Ltd Key Indicators

Details20202021202220232024
Return On Equity %21.039.1520.3325.7324.95
Details20202021202220232024
Return On Assets %10.364.229.3711.8911.66
Details202220232024
Book Value Per Share (₹)46.5856.9668.54
Details202220232024
Earning Per Share (₹)7.8413.3715.17

Metro Brands Ltd Valuation

Metro Brands Ltd in the last 5 years

  • Overview

  • Trends

Lowest (44.68x)

July 14, 2022

Industry (76.41x)

October 18, 2024

Today (81.58x)

October 18, 2024

Highest (110.42x)

December 4, 2023

LowHigh

Metro Brands Ltd Earnings and Dividends

  • Metro Brands Ltd Earnings Results

    Metro Brands Ltd’s net profit fell -1.18% since last year same period to ₹91.73Cr in the Q1 2024-2025. On a quarterly growth basis, Metro Brands Ltd has generated -40.88% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Metro Brands Ltd Dividends May,2024

    In the quarter ending March 2024, Metro Brands Ltd has declared dividend of ₹2.25 - translating a dividend yield of 0.53%.

    Read More about Dividends

Metro Brands Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Metro Brands Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Metro Brands Ltd (METROBRAND) share price today is ₹1215.05

Metro Brands Ltd is listed on NSE

Metro Brands Ltd is listed on BSE

  • Today’s highest price of Metro Brands Ltd is ₹1254.15.
  • Today’s lowest price of Metro Brands Ltd is ₹1210.

PE Ratio of Metro Brands Ltd is 81.58

PE ratio = Metro Brands Ltd Market price per share / Metro Brands Ltd Earnings per share

Today’s traded volume of Metro Brands Ltd(METROBRAND) is 53.47K.

Today’s market capitalisation of Metro Brands Ltd(METROBRAND) is ₹33566.68Cr.

Metro Brands Ltd(METROBRANDPrice
52 Week High
₹1441.2
52 Week Low
₹990.05

Metro Brands Ltd(METROBRAND) share price is ₹1215.05. It is down -15.69% from its 52 Week High price of ₹1441.2

Metro Brands Ltd(METROBRAND) share price is ₹1215.05. It is up 22.73% from its 52 Week Low price of ₹990.05

Metro Brands Ltd(METROBRANDReturns
1 Day Returns
-19.25%
1 Month Returns
0.36%
3 Month Returns
-6.28%
1 Year Returns
2.43%