Metro Brands Ltd. · NSE:METROBRAND
Metro Brands — Q1 FY2026-27 Earnings Presentation
35 slides from Metro Brands's earnings presentation, Aug 4, 2026
Slide 1: Exchange filing cover letter for investor presentation
August 04, 2026 To, To, The Manager The Manager Listing Department Listing Department BSE Limited, National Stock Exchange of India Ltd, Phiroze JeeJeeBhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Mumbai – 400001 (E) G Block, Bandra Kurla Complex, Bandra Maharashtra, India (Eas
Slide 2: Q1 FY2026-27 Earnings Presentation
METRO BRANDS LIMITED Q1 FY2026-27 EARNINGS PRESENTATION 4th August 2026
Slide 3: Brief Overview
BRIEF OVERVIEW
Slide 4: Our Journey
Our Journey 1955 Started first Metro Store 2000 Launch of Mochi MBO Launch of Walkway MBO 2009 • Launch of E-commerce 2010 • Hits 100 stores 2015 Tie-up with Crocs • Exclusive tie up with Fitflop 2021 • Hits 600 stores 2022 • Listed on BSE, NSE • Acquired Cravatex Brands Ltd • Exclusive license for
Slide 5: Our story in numbers
Our story in numbers Company Facts Performance in Q1 FY27 9 Rs 720 crores store formats Revenue from operations 14.7% YoY growth 1,041 Rs 215 crores Stores EBITDA 29.8% EBITDA margin 31 71% States & Union territories Revenue contribution of in-house brands at MBOs 222 Cities 9% YoY growth Q1: 1 new
Slide 6: One Stop Shop for all Footwear Needs
One Stop Shop for all Footwear Needs Jun’26 / (MBO) (MBO) (EBO) (MBO) (EBO) (EBO) (MBO) (EBO) (MBO) Q1FY27 Target Value Family Youth Premium Premium Premium Premium Premium Premium Customer Format No. of. Stores 375 289 234 106 14 4 6 101 3 Cities 185 138 101 69 10 4 4 5 3 Price Range 2,000 – 2,000
Slide 7: One Stop Shop for all Footwear Needs
One Stop Shop for all Footwear Needs (as of June 2026) 375 289 106 234 14 6 10 4 3 6 Note: The above map is not to scale and is for illustrative purposes only.
Slide 8: One Stop Shop for all Footwear Needs
One Stop Shop for all Footwear Needs PAN India Presence with 1041 Stores I 222 Cities I 31 States and UTs (As of Jun’26) Zone wise1 Tier wise1 Location Wise1 West Tier III Metro South 30% 18% cities 33% 29% High Street 57% Tier II 25% North East Malls 13% Tier I 24% 28% 43% Primarily follows “Compan
Slide 9: Q1 FY27 Financial Highlights
Q1 FY27 FINANCIAL HIGHLIGHTS
Slide 10: Q1: Business Highlights
Q1 : Business Highlights Standalone Consolidated In INR Crore Q1 FY27 Q1 FY26 YoY Growth% Q1 FY27 Q1 FY26 YoY Growth% Revenue 702 615 14.1% Revenue 720 628 14.7% EBITDA 211 193 9.1% EBITDA 215 195 10.4% EBITDA% 30.0% 31.4% EBITDA% 29.8% 31.0% PAT 91 97 -5.4% PAT 95 99 -3.6% PAT% 13.0% 15.7% PAT% 13.
Slide 11: Q1 Business Highlights (Standalone)
Q1 Business Highlights (Standalone) Revenue from Operations and Revenue per sq.ft Gross Profit and Gross Margins 4,350 4,300 5,150 4,750 4,350 59.7% 55.4% 59.4% 57.9% 59.7% 789 757 469 702 439 419 615 636 367 352 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Gross P
Slide 12: Q1 Business Highlights (Consolidated)
Q1 Business Highlights (Consolidated) Revenue from Operations Gross Profit and Gross Margins 811 59.3% 55.3% 59.1% 57.8% 59.5% 773 720 628 651 479 447 428 373 360 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Rev from Ops (INR Cr) Gross Profit (INR Cr) Margin (%) EB
Slide 13: Update on new business formats
Update on new business formats Clarks ❑ We now have Clark’s Cloudsteppers ladies’ range in ~ 300 MBOs and limited men’s range in ~100 MBOs. ❑ We expect to get supply of complete product range by Q2 FY27 from Clarks. Post stabilization of supply chain & assortment, Clarks EBO’s are expected to be lau
Slide 14: Year wise Store additions - Standalone
Year wise Store additions - Standalone Stores 624 +18% 739 +13% 836 +9% 908 +14% 1032 +1% 1041 124 9 1041 70 # 97 115 624 Opened 131 110 79 147 13 Closed 16 13 9 23 4 FY22 FY23 FY24 FY25 FY26 Jun'26 Jun'26 FY22 FY23 FY24 FY25 FY26 Jun26 Metro 231 278 317 345 374 375 Mochi 162 199 237 256 288 289 Wal
Slide 15: Profit & Loss Statement (Standalone)
Profit & Loss Statement (Standalone) In INR Crore Particulars Q1 FY27 Q4 FY26 Q1 FY26 FY26 Revenue from Operations 702 757 615 2,797 Other Income 26 31 28 100 Total Income 727 788 643 2,897 EXPENSES Purchases of stock-in-trade 318 321 302 1,385 Changes in inventories of stock in trade (35) (3) (54)
Slide 16: Profit & Loss Statement (Consolidated)
Profit & Loss Statement (Consolidated) In INR Crore Particulars Q1 FY27 Q4 FY26 Q1 FY26 FY26 Revenue from Operations 720 773 628 2,864 Other Income 26 31 29 104 Total Income 747 804 657 2,968 EXPENSES Purchases of stock-in-trade 324 329 309 1,424 Changes in inventories of stock in trade (32) (2) (53
Slide 17: Metro's Strengths
METRO’S STRENGTHS
Slide 18: Our Key Strengths
Our Key Strengths 1 One of India's largest pan India footwear retailers1 with a brand appeal among aspirational consumer segments 2 Pivoting from primarily "Offline" to an "Omni-channel" enabled footwear & accessories retailer Wide range of brands and products catering to all occasions across age gr
Slide 19: One of India's largest pan India footwear retailers
1 One of India's largest pan India footwear retailers1 with a brand appeal among aspirational consumer segments 624 739 836 908 1032 1041 13% 15% 14% 15% 13% 14% 13% 15% 13% 14% 13% 14% 25% 23% 25% 22% 24% 22% 24% 23% 24% 24% 24% 23% …with diversified presence across regions2 32% 32% 31% 33% 33% 33%
Slide 20: Pivoting from Offline to Omni-channel retailer
2 Pivoting from primarily "Offline" to an "Omni-channel" enabled footwear and accessories retailer E-commerce – Online & Omnichannel 14.5% 8.4% 7.6% 7.9% 11.0% 9.5% 10.4%10.6% 13.7% 12.9% 13.1% ❑ Majority of online business comes through leading e- commerce marketplaces (Present on major E- 361 comm
Slide 21: Wide range of brands and products (1/2)
3 Wide range of brands and products catering to all occasions across age groups and market segments resulting in strong customer loyalty (1/2) Product presence across multiple categories through Own and Third party brands Own Brands Casual Formal Sports Accessories Third Party Brands Zeolite Fitflop
Slide 22: Wide range of brands and products (2/2)
3 Wide range of brands and products catering to all occasions across age groups and market segments resulting in strong customer loyalty (2/2) Own Brands contribute ~ 70-75% of total store product sales at Targeting Mid and Premium Segment – Average Realization (Rs.) MBOs1 1,600 1,675 1,500 1,550 Q1
Slide 23: Asset light business with an efficient operating model
4 Asset light business with an efficient operating model leading to sustained profitable growth 1 2 3 4 Outsourced Leveraging scale Identification of Variable Cost Manufacturing of operations store location Structure ✓ One of the few footwear ✓ One of the highest gross ✓ Robust store selection ✓ Lea
Slide 24: Efficient operating model through vendor engagement and machine learning
5 Efficient operating model through deep vendor engagements and advanced machine learning model for supply chain Long Standing Relationships with Vendors • 250+ vendors dealt with over last 3 fiscal years • 20+ years of relationship with certain vendors Leveraging omni channel distribution New Desig
Slide 25: Platform of choice for third party brands
6 Platform of choice for third party brands looking to expand in India ❑ Fila is one of the fastest- ❑ We have exclusive rights to ❑ FitFlop is renowned for offering growing global sportswear operate and own Crocs “full shoes designed for all-day wear, brands and has a rich heritage price” stores ac
Slide 26: Board of Directors
7 Board of Directors1 UTPAL HEMENDRA SHETH, ARVIND KUMAR SINGHAL, VIKAS VIJAYKUMAR KHEMANI, MITHUN PADAM SACHETI, Non-Executive Director (Nominee) Independent Director Independent Director Independent Director ❖ He is a Cost Accountant and CFA and ❖ Holds a bachelor’s degree in ❖ Fellow Member of th
Slide 27: Promoters and management team
7 Strong promoter background and an experienced and entrepreneurial management team with a proven track record RAFIQUE A. MALIK, FARAH MALIK BHANJI, ALISHA RAFIQUE MALIK, Chairman Managing Director President - Sports Division, E-Commerce and CRM ❖ Over 50 years of experience in the ❖ Over 20 years o
Slide 28: Strong track record of growth, profitability and financial discipline
8 Strong track record of growth, profitability and financial discipline Revenue from Operations Gross Profit and Gross Margins EBITDA and EBITDA Margins 16,800 10,150 15,450 19,800 18,700 18,200 17,300 55.6% 54.9% 57.9% 58.1% 58.1% 57.7% 57.9% 27.5% 21.5% 30.6% 32.0% 29.8% 30.3% 30.3% 2,864 869 2,50
Slide 29: Levers of Growth
metro BRANDS LEVERS OF GROWTH
Slide 30: Key Strategies
Key Strategies 1 3 5 2 4 Store Inorganic E-Commerce Expansion Plans Opportunities Expansion Leverage Multi-brand Evaluation basis Target to open Leverage existing Leverage Sports & Platform targeted returns, sustainable and capabilities to increase Athleisure Segment profitable stores across operati
Slide 31: Sustainability Initiatives
SUSTAINABILITY INITIATIVES
Slide 32: CSR & Sustainability Initiatives (1/3)
CSR & Sustainability Initiatives (1/3) ❑ Processing of Old & Discarded Footwear (ODF) in an eco-friendly manner o Under this project, ODF is collected & then sorted, cut, and again sorted material wise as below: o Rubber and Plastic materials are sent for recycling. o Other totally worn off parts ar
Slide 33: CSR & Sustainability Initiatives (2/3)
CSR & Sustainability Initiatives (2/3) ❑ Education/ Skilling We are supporting to increase the We are sponsoring school fees We are introducing digitized smart We are sponsoring to construct a employability quotient of more and counselling charges for more class program and supporting lecture theate
Slide 34: CSR & Sustainability Initiatives (3/3)
CSR & Sustainability Initiatives (3/3) ❑ Afforestation & ❑ Well-Being Water conservation We are creating awareness and early detection of hypertension, We are planting approximately 25,000 fruit-bearing trees and diabetes & oral cancer through screening in ~1000 cobblers as rejuvenating six water ha
Slide 35: Disclaimer
Disclaimer • The information contained in this Presentation should be considered in the context of the circumstances prevailing at the time and has not been, and will not be, updated to reflect material developments which may occur after the date of the Presentation. The information set out herein m