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Metro Brands Ltd

(METROBRAND)

₹1240.450.4%

as on 04:01PM, 02 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Metro Brands Ltd Analyst Rating

based on 21 analysts

BUY

61.90%

Buy

19.05%

Hold

19.05%

Sell

Based on 21 analysts offering long term price targets for Metro Brands Ltd. An average target of ₹1250.71

Source: S&P Global Market Intelligence

Metro Brands Ltd Share analysis

Metro Brands Ltd price forecast by 21 analysts

Upside of1.23%

High

₹1465

Target

₹1250.71

Low

₹875

Metro Brands Ltd target price ₹1250.71, a slight upside of 1.23% compared to current price of ₹1240.45. According to 21 analysts rating.

Source: S&P Global Market Intelligence

Metro Brands Ltd Performance

  • Day's Low

    Day's High

    ₹1,223
    ₹1,250
  • 52 Week's Low

    52 Week's High

    ₹990.05
    ₹1,441.2
1 Month Return+ 2.17 %
3 Month Return-3.51 %
1 Year Return-10.55 %
Previous Close₹1,235.55
Open₹1,229.85
Volume30.11K
Upper Circuit-
Lower Circuit-
Market Cap₹33,612.64Cr

Metro Brands Ltd Key Statistics

P/E Ratio81.07
PEG Ratio29.7
Market Cap₹33,612.64 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
BUY₹33,612.64 Cr30.09%0.69₹412 Cr₹2,356 Cr
BUY₹8,697.75 Cr-4.97%0.61₹107 Cr₹1,194 Cr
HOLD₹16,678.89 Cr2.83%0.55NANA
HOLD₹18,133.31 Cr-2.66%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: ₹1240.45 per share as on 02 Dec, 2024 04:01 PM
Market Capitalisation: ₹33,612.64Cr as of today
Revenue: ₹585.45Cr as on September 2024 (Q3 24)
Net Profit: ₹71.46Cr as on September 2024 (Q3 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

  • Metro Brands Shares Rise, Boosting Jhunjhunwala's Wealth - 26 Nov, 2024

    Metro Brands' share price increased by ₹3.90 to ₹1,180.95 in early trading, positively impacting Rekha Jhunjhunwala's net worth by ₹10.18 crore.
  • Metro Brands Faces Challenges Amid Share Decline - 20 Nov, 2024

    Metro Brands Ltd shares dropped 13% due to transitional challenges, with gross margins affected by FILA's inventory liquidation. The company plans to open 100 new stores in FY25, but Q4FY25 will be crucial for performance. Analysts suggest a target price of Rs 1,175.
  • Metro Shoes Celebrates Modern Masculinity in New Campaign - 05 Nov, 2024

    Metro Shoes launches a campaign celebrating modern masculinity, showcasing men breaking cultural barriers in everyday moments. Alisha Malik emphasizes the brand's role in guiding customers toward new territories.
  • Metro Brands Reports Stake Sale and Growth Prospects - 29 Oct, 2024

    In September 2024, Metro Brands' promoters sold a 2.19% stake for Rs 7.4 billion, reducing their shareholding to 71.9%. The company reported an 11.3% income increase to Rs 24.2 billion and a net profit growth of 13.7% to Rs 4.1 billion in FY24. Metro plans to open 225 stores in the next two years, leveraging its partnership with Foot Locker to enhance its market position in the expanding athleisure segment.
  • Metro Brands Faces Challenges Amid Growth Prospects - 28 Oct, 2024

    Metro Brands reported subdued growth in Q2 FY25, with EPS estimates cut due to weak demand and margin pressures. However, strong growth is anticipated in H2 FY25, supported by upcoming festive seasons and store expansion plans.

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

    Price Rise

    img

    In the last 7 days, METROBRAND stock has moved up by 5.0%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

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

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 599.45 Cr → 608.81 Cr (in ₹), with an average increase of 1.5% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

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

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Kalyan Jewellers India Ltd has given 115.6% return, outperforming this stock by 126.1%

  • 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 3 quarters, 155.17 Cr → 69.55 Cr (in ₹), with an average decrease of 32.5% per quarter

Metro Brands Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹555.70Cr (-)₹635.50Cr (↑14.36%)₹582.98Cr (↓8.26%)₹576.08Cr (↓1.18%)₹585.45Cr (↑1.63%)
Net Income₹67.11Cr (-)₹98.05Cr (↑46.10%)₹154.39Cr (↑57.46%)₹92.07Cr (↓40.37%)₹71.46Cr (↓22.39%)
Net Profit Margin12.08% (-)15.43% (↑27.73%)26.48% (↑71.61%)15.98% (↓39.65%)12.21% (↓23.59%)
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 Midcap 150

₹21,105.95

0.95 (199.3%)

S&P BSE 150 MidCap

₹16,019.58

1.08 (170.89%)

BSE 500

₹35,957.40

0.65 (231.29%)

Nifty LargeMidcap 250

₹15,921.25

0.77 (121.05%)

S&P BSE 250 LargeMidCap

₹10,623.19

0.64 (67.57%)

Nifty MidSmallcap 400

₹19,992.55

0.86 (170.45%)

S&P BSE 400 MidSmallCap

₹12,243.63

0.95 (114.93%)

Nifty 500

₹22,835.85

0.66 (148.85%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹55,662.71

0.84 (462.85%)

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 (71.34x)

November 29, 2024

Today (81.07x)

November 29, 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 jumped 4.29% since last year same period to ₹69.55Cr in the Q2 2024-2025. On a quarterly growth basis, Metro Brands Ltd has generated -24.18% 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 0.52%.

    Read More about Dividends

Metro Brands Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

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Metro Brands Ltd (METROBRAND) share price today is ₹1240.45

Metro Brands Ltd is listed on NSE

Metro Brands Ltd is listed on BSE

  • Today’s highest price of Metro Brands Ltd is ₹1250.
  • Today’s lowest price of Metro Brands Ltd is ₹1223.

PE Ratio of Metro Brands Ltd is 81.07

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 30.11K.

Today’s market capitalisation of Metro Brands Ltd(METROBRAND) is ₹33612.64Cr.

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

Metro Brands Ltd(METROBRAND) share price is ₹1240.45. It is down -13.93% from its 52 Week High price of ₹1441.2

Metro Brands Ltd(METROBRAND) share price is ₹1240.45. It is up 25.29% from its 52 Week Low price of ₹990.05

Metro Brands Ltd(METROBRANDReturns
1 Day Returns
4.9%
1 Month Returns
2.17%
3 Month Returns
-3.51%
1 Year Returns
-10.55%