Metro Brands Profile
Key Indicators
- Authorised Capital ₹ 150.00 Cr
- Paid Up Capital ₹ 135.96 Cr
- Company Age 48 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 46.00 Cr
- Satisfied Charges ₹ 24.83 Cr
- Revenue Growth 53.68%
- Profit Growth 79.73%
- Ebitda 68.70%
- Net Worth 23.84%
- Total Assets 23.82%
About Metro Brands
Metro Brands Limited (MBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 January 1977 and has a history of 48 years and one month. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543426 and on the National Stock Exchange(NSE) under METROBRAND.
The Corporate was formerly known as Mpower Brands Limited. The Company is engaged in the Consumer Goods Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 150.00 Cr and a paid-up capital of Rs 135.96 Cr.
The company currently has active open charges totaling ₹46.00 Cr. The company has closed loans amounting to ₹24.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Metro Brands Limited India are Kaushal Parekh as Cfo, Deepa Sood as Company Secretary, and Nissan Joseph as Ceo. Manojkumar Maheshwari, Aruna Advani, Vikas Khemani, and Seven other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L19200MH1977PLC019449
- Company No.
019449
- Stock Symbol
BSE : 543426 NSE : METROBRAND
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Jan 1977
- Date of AGM
13 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
What products or services does Metro Brands Limited offer?
Metro Brands Limited offers a wide range of products and services, including Men, Women & Kids Footwear, Shoes, Casual Sandal, Flat Sandal, Sports Shoes, Men Sport Shoes, Formal Footwear, Men Formal Shoes, Ethnic Footwear, Leather Footwear.
Who are the key members and board of directors at Metro Brands?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Farah Bhanji  | Managing Director | 18-Dec-2001 | Current |
Kaushal Parekh  | CFO | 26-Nov-2020 | Current |
| Deepa Sood | Company Secretary | 07-Mar-2022 | Current |
| Nissan Joseph | CEO | 01-Jul-2021 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vikas Khemani | Director | 12-Mar-2019 | Current |
| Utpal Sheth | Director | 14-Mar-2007 | Current |
| Mohammed Dossani | Whole-Time Director | 26-Nov-2020 | Current |
| Arvind Singhal | Director | 12-Aug-2016 | Current |
Aruna Advani  | Director | 27-Jul-2010 | Current |
| Manojkumar Maheshwari | Director | 24-Jul-2009 | Current |
Financial Performance of Metro Brands.
Metro Brands Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.68% increase. The company also saw a substantial improvement in profitability, with a 79.73% increase in profit. The company's net worth Soared by an impressive increase of 23.84%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Metro Brands?
In 2021, Metro Brands had a promoter holding of 68.45% and a public holding of 31.55%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Zicom Saas Private LimitedVikas Khemani is a mutual person
Technopak Skills FoundationArvind Singhal is a mutual person
Technopak Advisors Private LimitedArvind Singhal is a mutual person
Metmill Footwear Private LimitedRafique Malik is a mutual person
M.V. Shoe Care Private LimitedFarah Bhanji is a mutual person
Inventurus Knowledge Solutions LimitedUtpal Sheth is a mutual person
Charges (Loans)
₹46.00 Cr
₹24.83 Cr
Charges Breakdown by Lending Institutions
- Others : 40.00 Cr
- Hdfc Bank Limited : 6.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Aug 2021 | Hdfc Bank Limited | ₹6.00 Cr | Open |
| 06 Feb 2019 | Others | ₹40.00 Cr | Open |
| 22 Aug 2022 | Others | ₹7.85 Cr | Satisfied |
| 20 Jul 2021 | Others | ₹3.00 Cr | Satisfied |
| 29 Sep 2003 | Icici Bank Limited | ₹9.50 M | Satisfied |
How Many Employees Work at Metro Brands?
Metro Brands has a workforce of 3668 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Metro Brands, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Metro Brands's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
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