Metro Brands Limited has scheduled a series of analyst and institutional investor meets for June 2026 to engage with the financial community. The company will participate in three group meetings hosted by major financial institutions, including Axis Capital, Bank of America, and ICICI Securities. These interactions are intended to provide updates based on generally available information in accordance with Metro Brands's Code of Conduct for Prevention of Insider Trading.

The first meeting is scheduled for June 1, 2026, at Axis Capital's Rising Stars Conference. This will be followed by a session with Bank of America India Consumer Tour on June 4, 2026. The final engagement is set for June 8, 2026, at the ICICI Securities India Investor Conference 2026. All three meetings will be conducted in physical mode.

The schedule is subject to change due to exigencies on the part of the investors or the company. The intimation was submitted to the exchanges pursuant to Regulation 30 (6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Schedule of Meetings

Deepa Sood, Chief Legal Officer, Company Secretary & Compliance Officer of Metro Brands Limited, signed the intimation on May 26, 2026. The information is also available on the company's official website.

Metro Brands Limited has reported its audited financial results for the fiscal year ended March 31, 2026 (FY26), posting a 17.3% year-on-year increase in Profit After Tax (PAT) to ₹416 crore. The company's consolidated revenue from operations grew by 14.2% to ₹2,864 crore, supported by strong performance in the fourth quarter where revenue rose 20.3% to ₹773 crore and PAT increased by 23.5% to ₹118 crore. The growth was attributed to festive and wedding season demand, alongside a reduction in GST rates for footwear below ₹2,500.

Consolidated Financial Performance

The EBITDA for FY26 stood at ₹869 crore, a 14.5% increase from ₹759 crore in FY25, while the EBITDA margin remained stable at 30.3%. In the fourth quarter, EBITDA reached ₹238 crore, up 20.5% year-on-year, with a margin of 30.8% compared to 32.44% in the same quarter of the previous year. The company noted that Q4 growth was driven by specific demand factors and operational efficiency.

Operational Highlights and Expansion

During FY26, Metro Brands opened 147 new stores while closing 23, resulting in a net addition of 124 stores. The total store count reached 1,032 across 221 cities. E-commerce sales, including omni-channel, grew by 39% and contributed 12.9% to overall revenue, up from 10.6% in the previous year. In the fourth quarter alone, e-commerce sales grew by 53%, contributing 12.2% to revenue.

The company commissioned a new warehouse of approximately 3 lakh sq. ft. and closed an existing one, resulting in a one-time gain of ₹7 crore on the reversal of net lease liability under IND AS 116. Additionally, the PAT for FY26 included an expense of ₹3.39 crore due to an increase in actuarial provision related to the implementation of the New Labour Code.

Strategic Initiatives and Partnerships

Metro Brands expanded its portfolio through strategic partnerships and new formats, launching MetroActiv and expanding its partnership with Clarks. The company operates Foot Locker stores and has entered into a long-term exclusive distribution agreement with New Era Cap. Local manufacturing of Fila footwear has commenced to address BIS implementation challenges.

Commenting on the results, Nissan Joseph, CEO, Metro Brands Limited, 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."

Future Outlook and Strategy

Management stated that the company delivered metrics within its guidance range, with PAT in the mid-teen percentage range, EBITDA in the high 20s to low 30s, and sales growth of 15%. Regarding input costs, the company noted an overall inflation of approximately 10% but indicated that forward buying and inventory buffers would mitigate immediate impacts, avoiding knee-jerk price hikes beyond normal inflation.

On the expansion front, the company sees potential to open approximately 50 stores across brands like Fila, Foot Locker, Clarks, and MetroActiv in the coming year, contingent on securing right locations and resolving BIS-related supply chain challenges. E-commerce is expected to contribute between 12% to 15% of business in the near term. The company also highlighted significant investments in technology, including a new POS system and AI agents, and leadership hires to drive sustained growth.