Metro Brands Limited (METROBRAND) — Announcement | 4 August 2026(2 announcements)

Metro Brands announced its Q1 FY2026 unaudited financial results on August 4, 2026, showing revenue of ₹746.67 crores, profit after tax of ₹95.26 crores, and EPS of [amount context mismatch]. The board approved the results, set a September 16 AGM, and established a September 4 record date for dividends. Mr. Arvind Kumar Singhal's term ended on August 10, while Ms. Farah Malik Bhanji was reappointed for five years starting April 1, 2027, pending shareholder approval. Mr. Sonny Iqbal was appointed as a new independent director effective August 5, 2026, for five years. The filing also disclosed employee stock option grants of 5.45 million under ESOS 2026, compliant with SEBI regulations, with exercise prices set at 50% of the prior quarter's VWAP. Shareholder proposals included ESOP amendments and buyback mechanisms.

Metro Brands Limited presented its Q1 FY27 investor deck highlighting 1,041 stores across 31 states, 222 cities, and Rs 720 crore revenue with 14.7% YoY growth. EBITDA margin declined to 29.8% from 31.0% due to marketing investments and occupancy cost increases, while PAT margin fell to 13.2% from 15.7%. The company added 9 new stores and expanded e-commerce to 13.1% of revenue. Key updates include Clarks supply chain progress, Fila local manufacturing, and Foot Locker partnership implementation challenges. Sustainability initiatives processed 4,892 tons of discarded footwear. Forward guidance emphasizes store expansion and omni-channel growth.