Metro Brands Promoter Reduces Stake Through Block Deal

Metro Brands Limited, a prominent player in the Indian retail sector, has witnessed a significant change in its promoter shareholding. Alisha Rafique Malik, a promoter of the company, has executed a substantial block deal, reducing her stake in the firm.

Block Deal Details

Aspect	Details
Promoter Name	Alisha Rafique Malik
Shares Sold	11,90,000
Voting Rights Sold	0.44%
Transaction Date	September 6, 2024
Transaction Type	Block Deal
Venue	Stock Exchanges

Impact on Shareholding

Shareholding	Before Transaction	After Transaction
Number of Shares	90,88,000	78,98,000
Voting Rights	3.34%	2.90%

The block deal has resulted in a reduction of Alisha Rafique Malik's shareholding by 11,90,000 equity shares, representing a decrease of 0.44 percentage points in voting rights.

Regulatory Compliance

The transaction was conducted in compliance with the Securities and Exchange Board of India (SEBI) substantial acquisition regulations. As per these regulations, any significant change in shareholding must be disclosed to ensure transparency in the market.

Company Overview

Metro Brands Limited has a total equity share capital of Rs. 135.97 crore, comprising 27,19,43,004 equity shares with a face value of Rs. 5 each. The company operates in the retail sector and is known for its footwear and accessories business.

This block deal represents a notable change in the company's promoter holding structure. While the reasons behind the sale have not been disclosed, such transactions are closely watched by investors and market analysts.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.16%	-1.92%	-12.70%	+5.27%	-4.91%	+128.32%

Metro Brands Limited , a leading Indian footwear retailer, has reported a robust performance for the quarter ended September 30, 2025, with significant expansion in its retail network and strong growth across various business segments.

Financial Performance

The company reported:

12% growth in standalone business
11% growth in consolidated numbers
12% EBITDA growth for standalone business
10% EBITDA growth for consolidated business

Retail Expansion

Metro Brands continued its aggressive retail expansion strategy during the quarter:

Opened 42 new stores
Closed 4 stores
Net addition of 38 stores, including:
- 4 Foot Locker stores
- 10 Walkway stores (highest quarterly addition for the format)

E-commerce Growth

The company's e-commerce business achieved:

39% year-on-year growth
14% contribution to overall revenue

Brand Expansion and Partnerships

Metro Brands has expanded its brand portfolio:

Launched Clarks footwear in 200 Metro and Mochi stores
Plans to expand Clarks presence to 300 stores in the next quarter

Impact of GST Reduction

Recent GST reductions have positively impacted the company's business:

11% price reduction for footwear priced between INR 1,000-INR 2,500
6% reduction for footwear under INR 1,000
Affects 90% of Walkway and 40% of Metro Mochi footwear business

Marketing and Margins

Marketing spend increased by 100 basis points
Gross margins improved by 40 basis points

Operational Challenges

Metro Brands is addressing some operational challenges:

Working on resolving BIS issues affecting FILA and Foot Locker expansion
FILA repositioning expected to take 12-18 months

Future Outlook

Nissan Joseph, CEO of Metro Brands, stated:

"We remain focused on operational rigor and financial discipline to ensure that we achieve our guidance. We continue to feel confident in our guidance that we will grow at a 15% plus rate and also produce a profit after tax of 15% and an EBITDA in the 30% range."

ESG Rating

CFC Finlease Private Limited, a SEBI registered ESG Rating Provider, has voluntarily assigned an ESG rating of '70' to Metro Brands Limited, based on publicly available data.

As the Indian footwear market continues to evolve, Metro Brands' diversified portfolio and strategic expansion plans appear well-positioned to drive sustained growth in the coming quarters.