Metro Brands
Metro Brands is growing, EBITDA up 15.8% to ₹198 crore and 1053 stores across 223 cities (NSE Q2 FY27 filing, 15 Oct). It disclosed a cybersecurity incident in its IT systems on 15 October 2026, with no material loss so far (NSE filing, 15 Oct).
What it means
Metro Brands' revenue growth is the hard number; whether its sourcing costs and full-price sell-through kept up is the open question.
Reported: Revenue +12.2% in Q2 FY27 on a net profit of ₹77 cr; no profit growth figure to set against it. NSE Q2 FY27 filing,
Next: results expected mid Jan 2027.
Watch: Q2 FY27 results, due by 14 Nov — fewer new stores in Q2 FY27 than Q1's 13.
- Affected
- Bata India and Campus Activewear — a pace to matchDo now: benchmark your growth against this pace; re-check when Metro Brands' profit growth prints.
- Metro Brands' footwear vendors and material suppliers — orders growing with itDo now: plan its orders on this growth, and review terms after its next results.
- Mall and high-street landlords behind its 13 new stores in Q1 FY27 () — a growing tenantDo now: talk new sites with it while it grows.
Our arithmetic · not a reported figureChange
- +₹10 crorefrom Q1 FY27 consolidated revenue from operations to Q2 FY27 consolidated revenue from operations
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
All 44 stories on Metro Brands3 leadership moves at Metro Brands →
Background
From 6 stories, the newest dated 1 Sept 2026. Summary written 13 Oct 2026. Newer developments are under Latest moves.
Metro Brands is an Indian footwear and accessories retailer. [1] source: Metro Brands
Show 3 more paragraphs and 6 sources
Its portfolio includes Metro Shoes, Mochi, FitFlop, Crocs and others, and it also runs the value-focused Walkway footwear brand. [2] source: NDTV Profit[1] source: Metro Brands Da Vinchi, J. Fontini and MetroActiv are also among its brands. [3] source: IMAGES Business of Fashion
In Q1 FY27, Metro Brands reported consolidated revenue of Rs720 crore, up 14.7% year-on-year from Rs628 crore, while consolidated profit after tax declined 3.6%. [4] source: Apparel Resources India EBITDA rose 10.4% to Rs 215 crore, and e-commerce accounted for 13.1% of revenue. [3] source: IMAGES Business of Fashion It added a net nine stores in the quarter, reaching 1,041 outlets, as reported in August 2026. [3] source: IMAGES Business of Fashion In June 2026 it announced a partnership with New Era Cap. [1] source: Metro Brands For FY26 it reported diverting 4,892 tonnes of discarded footwear from landfills, about 12.5 million pairs, under its CSR-funded Old Discarded Footwear initiative. [5] source: Apparel Resources India In August 2026 Kotak Institutional Equities upgraded the stock to Add from Reduce and cut its target price to Rs 1,000 from Rs 1,050. [2] source: NDTV Profit
In September 2026 Metro Brands appointed Amit Goel as Head of Operations for Walkway, based in Mumbai. [6] source: IMAGES Business of Fashion
Sources
Questions about Metro Brands
How many Metro Brands stores are there?
Metro Brands reached 1,041 outlets after adding a net nine stores in Q1 FY27, as reported in August 2026. [3] source: IMAGES Business of Fashion
How fast is Metro Brands growing in India?
Metro Brands reported Q1 FY27 consolidated revenue of Rs720 crore, up 14.7% year-on-year from Rs628 crore, with EBITDA up 10.4% to Rs 215 crore. [4] source: Apparel Resources India[3] source: IMAGES Business of Fashion
What is Metro Brands' current strategy in India?
Metro Brands announced a partnership with New Era Cap in June 2026, reached 1,041 outlets after a net nine store additions in Q1 FY27 (August 2026), and appointed Amit Goel as Head of Operations for Walkway in September 2026. [6] source: IMAGES Business of Fashion[3] source: IMAGES Business of Fashion[1] source: Metro Brands
More stories about Metro Brands
- Metro Brands hires Crocs India CEO Manoj Juneja to lead sports division
- Metro Brands taps ex-CaratLane COO Atul Sinha to lead core footwear business across 1,032 stores
Stories that mention Metro Brands
1 story
Metro Brands is named in these stories but is not their subject.