Metro Brands Limited

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Metro Brands Limited - overview

Established

1947

Location

Mumbai, Maharashtra, India

Primary Industry

Retail

About

Metro Brands Limited, based in Mumbai, India, has been a footwear and accessory retailer since 1947, delivering innovative designs and quality craftsmanship in its diverse product range. Founded in 1947 in Mumbai, India, Metro Brands Limited specializes in footwear and accessories, serving men, women, and children. The company has established a significant retail presence with over 900 stores across 198 cities and 31 states and Union territories, focusing on an omnichannel retail strategy that combines physical and online platforms. The firm operates under a direct-to-consumer model, enhancing accessibility to its products.


Metro Brands Ltd specializes in a comprehensive range of footwear and accessories tailored for men, women, and children, emphasizing innovative designs and quality craftsmanship. The company’s core offerings include a variety of branded products, such as Metro Shoes, Mochi Shoes, FitFlop, Walkway Shoes, Crocs, daVinchi, and Cheemo. These products serve various consumer needs, ranging from casual to formal footwear, addressing the requirements of diverse occasions and lifestyles. With a substantial retail presence in India, Metro Brands operates over 900 stores across 198 cities and 31 states and Union territories, catering to a broad customer base seeking stylish and functional footwear solutions.


The company has further solidified its market presence by establishing an omnichannel retail strategy, which integrates physical stores with e-commerce platforms, thereby reaching consumers through multiple touchpoints. Metro Brands Ltd generates revenue primarily through direct sales of its footwear and accessories via company-owned stores and online channels. The transaction structure typically involves a direct-to-consumer model, where customers purchase products at retail prices in-store or through the company’s e-commerce platform. The firm operates under a 'company-owned and company-operated' model, utilizing Multi Brand Outlets (MBOs) and Exclusive Brand Outlets (EBOs) to enhance customer experience and drive sales.


While specific pricing details for individual products are not disclosed, flagship offerings such as Metro and Mochi shoes reflect the company’s commitment to quality and accessibility. The business also capitalizes on partnerships with third-party brands and operates shop-in-shop formats, further diversifying its revenue streams and enhancing market reach.


Primary Industry

Retail

Sub Industries

Clothing Stores, Department Stores, Retail, Search Engines

Website

www.metrobrands.com

Verticals

E-commerce

Total Amount Raised

Subscriber access only

Metro Brands Limited - financials

Fiscal Year EndedMar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)8,000,567,000---
% Revenue Growth (YoY)----
EBITDA (USD)2,483,827,000---
Operating Income (USD)1,265,385,000---
Operating Margin15.8%---
% EBITDA Margin31.0%---
NET Income (USD)646,207,000---
% Net Margin8.1%---

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