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Metro Brands Ltd

Q3 FY26Consumer Durables

Metro Brands Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹912
Market cap₹27.3K Cr
P/E67.1
Updated23 Aug 2026
Read4 min read

The short version

Metro Brands targets a medium- to long-term CAGR of around 15% in revenue growth. - This growth is expected to come from three main sources: - Like-for-like store growth in the mid- to high single-digit range. - New store openings, contributing about 10% additional store base annually, with new stores expected to deliver about 50% of revenue in their opening year (approx. Metro Brands aims for medium- to long-term EBITDA margins in the ~30% range and PAT margins around 15%.

From Metro Brands Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Metro Brands targets a medium- to long-term CAGR of around 15% in revenue growth.
  • This growth is expected to come from three main sources:
  • Like-for-like store growth in the mid- to high single-digit range.
  • New store openings, contributing about 10% additional store base annually, with new stores expected to deliver about 50% of revenue in their opening year (approx. 5% revenue growth).
  • Annualization of stores opened in the previous year contributing to further revenue increase.
  • Volume growth over recent quarters is roughly in the 12%-15% overall growth range with ASP (Average Selling Price) growth about 2%-3%; balance volume growth about 9%-12%.

2 more points management made on revenue & sales performance

Profitability & Margins

See what Metro Brands Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Metro Brands is investing in new store formats including Foot Locker and MetroActiv.
  • Foot Locker stores are being opened selectively, focusing on good real estate at reasonable rents rather than aggressive expansion.
  • New formats like Foot Locker and MetroActiv involve capital expenditure with a gestation period before profitability.
  • The company plans to open Clarks stores around Q3 of the coming fiscal year.
  • Capex and opex investments are being made despite some BIS-related inventory and regulatory challenges.

2 more points management made on capital expenditure plans

Top-ranked in Consumer Durables

Ranked on what management guided this quarter

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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Metro Brands Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided transcript and document pages do not contain any information regarding the current or expected order book or pending orders for Metro Brands Limited. The discussion mainly centers around: - Revenue growth and sales performance; - Volume and ASP (Average Selling Price) growth; - GST impact and pricing strategy; - Foot Locker store expansion and related BIS regulatory challenges; - Inventory levels and inventory health;

2 more points management made on order book & pipeline

Metro Brands Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹773 Cr, net profit ₹118 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Metro Brands Ltd Q3 FY26 results?

Metro Brands targets a medium- to long-term CAGR of around 15% in revenue growth. - This growth is expected to come from three main sources: - Like-for-like store growth in the mid- to high single-digit range. - New store openings, contributing about 10% additional store base annually, with new stores expected to deliver about 50% of revenue in their opening year (approx. Metro Brands aims for medium- to long-term EBITDA margins in the ~30% range and PAT margins around 15%.

What is Metro Brands Ltd share price analysis?

Metro Brands Ltd currently shows a neutral. The stock trades at a P/E of 67.1 with a market cap of ₹27,284 Cr. Investors should review the full earnings analysis for detailed insights.

Is Metro Brands Ltd planning capital expenditure?

Metro Brands is investing in new store formats including Foot Locker and MetroActiv.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.