Metro Brands Limited

Retailer of fashion footwear and accessories with nationwide presence and diverse brand offerings.

1977 | Mumbai, Maharashtra (India) | Active
Last Updated:

Metro Brands Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 136.10 Cr
  • Company Age 48 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 two months. 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 Metro Shoes Pvt Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 150.00 Cr and a paid-up capital of Rs 136.10 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 Nissan Joseph as Ceo, Deepa Sood as Company Secretary, and Kaushal Parekh as Cfo. Vikas Khemani, Bhaskar Bhat, Rafique Malik, and Eight 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

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

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)

NameDesignationAppointment DateStatus
Farah Bhanji Country flag representing Us Managing Director18-Dec-2001Current
Nissan Joseph CEO01-Jul-2021Current
Deepa Sood Country flag representing In Company Secretary07-Mar-2022Current
Kaushal Parekh Country flag representing In CFO26-Nov-2020Current

Board Members (10)

NameDesignationAppointment DateStatus
Vikas Khemani Country flag representing In Director 12-Mar-2019Current
Utpal Sheth Country flag representing In Director 23-Oct-2015Current
Radhika Piramal Country flag representing Io Additional Director 06-Feb-2025Current
Mohammed Dossani Country flag representing In Whole-Time Director 26-Nov-2020Current
Bhaskar Bhat Country flag representing In Additional Director 06-Feb-2025Current
Arvind Singhal Country flag representing In Director 12-Aug-2016Current

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%.

Metro Brands revenue growth over time
Metro Brands profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
53.68%
Revenue from Operations
56.34%
Total Assets
23.82%
Profit or Loss
79.73%
Net Worth
23.84%
EBITDA
68.70%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹46.00 Cr

Satisfied Charges

₹24.83 Cr

Charges Breakdown by Lending Institutions

  • Others : 40.00 Cr
  • Hdfc Bank Limited : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Aug 2021Hdfc Bank Limited₹6.00 CrOpen
06 Feb 2019Others₹40.00 CrOpen
22 Aug 2022Others₹7.85 CrSatisfied
20 Jul 2021Others₹3.00 CrSatisfied
29 Sep 2003Icici Bank Limited₹9.50 MSatisfied

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.

Employee growth trends for Metro Brands Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Metro Brands

Recent activity within the organization

  • Director Appointment

    Bhaskar Bhat was appointed as a Additional Director was appointed as a Additional Director on 06 Feb 2025 & has been associated with this company since 1 month 18 days .

  • Director Appointment

    Radhika Dilip Piramal was appointed as a Additional Director was appointed as a Additional Director on 06 Feb 2025 & has been associated with this company since 1 month 18 days .

  • Annual General Meeting

    Metro Brands Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

  • Director Appointment

    Alisha Rafique Malik was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Sep 2024 & has been associated with this company since 6 months 26 days .

  • Balance Sheet

    Metro Brands Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Mithun Padamchand Sacheti was appointed as a Director was appointed as a Director on 19 Oct 2023 & has been associated with this company since 1 year 5 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Metro Brands Limited?

    Metro Brands Limited was incorporated on 19 Jan 1977.

  • What is authorized share capital and paid-up capital of Metro Brands Limited?

    The authorized share capital of Metro Brands Limited is ₹ 150.00 Cr and paid-up capital is ₹ 136.10 Cr.

  • Who are the current board members & directors of Metro Brands Limited?

    Currently 14 directors are associated with Metro Brands Limited.

    • Vikas Vijaykumar Khemani
    • Bhaskar Bhat
    • Rafique Abdul Malik
    • Farah Malik Bhanji
    • Arvind Kumar Singhal
    • Radhika Dilip Piramal
    • Alisha Rafique Malik
    • Nissan Joseph
    • Deepa Sood
    • Kaushal Khodidas Parekh
    • Mohammed Iqbal Hasanally Dossani
    • Srikanth Velamakanni
    • Mithun Padamchand Sacheti
    • Utpal Hemendra Sheth

  • What is the registered address of Metro Brands Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Metro Brands Limited is 401 Zillion 4Th Floor Lbs Marg Cst Road Junction Kurla (Wes T), India, Mumbai, Maharashtra, 400070.

  • What is the corporate identification number (CIN) and company number of Metro Brands Limited?

    The corporate identification number (CIN) of Metro Brands Limited is L19200MH1977PLC019449 and the company number is 019449 as per Ministry of Corporate Affairs (MCA).

  • Is Metro Brands Limited registered with any stock exchange in India?

    Yes, Metro Brands Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): METROBRAND.

  • What is the official website of Metro Brands Limited?

    The Official website of Metro Brands Limited is https://www.metrobrands.com

  • What has been the recent revenue trend for Metro Brands Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Metro Brands Limited has risen by 53.68%.

  • How many employees does Metro Brands Limited currently have?

    As Per 2023 financial reports, 3668 employees are currently employed by Metro Brands Limited.

  • What change has been observed in the net worth of Metro Brands Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Metro Brands Limited has experienced an upsurge of 23.84%.

  • What are the total open charges for Metro Brands Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Metro Brands Limited amount to ₹ 46.00 Cr.

  • When was the last Balance Sheet of Metro Brands Limited filed with the ROC?

    The most recent Balance Sheet for Metro Brands Limited was filed with the ROC on 31 Mar 2024.

People also Viewed