Metro Brands Q1 FY27 Net Profit Dips 5.4% YoY

The Board of Directors meeting was held on Tuesday, August 04, 2026, commencing at 3:00 p.m. and concluding at 5:43 p.m.

Approved unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.
Statutory Auditors SRBC & CO LLP issued limited review reports with unmodified conclusions for both standalone and consolidated results.

49th Annual General Meeting to be convened on Wednesday, September 16, 2026, at 3:00 P.M. through Video Conferencing/Other Audio-Visual Means.

Friday, September 04, 2026, fixed as Record Date for determining eligibility for Final Dividend for Financial Year 2025-26.
Final Dividend payment is contingent upon declaration at AGM and will be paid within 30 days from AGM date.
Wednesday, September 09, 2026, fixed as cut-off date for determining shareholder eligibility to vote on AGM resolutions.

Mr. Arvind Kumar Singhal (DIN: 00709084) will cease to be Independent Director effective close of business hours on August 10, 2026, upon completion of his second five-year term.
Mr. Sonny Iqbal (DIN: 02962053) appointed as Additional Director (Non-Executive Independent Director) effective August 05, 2026, for five years, subject to shareholder approval.
Ms. Farah Malik Bhanji (DIN: 00530676) re-appointed as Managing Director for five years effective April 01, 2027, subject to shareholder approval.

Amendment approved for 'METRO Stock Option Plan 2008' (ESOP 2008).
Approval of 'Metro Brands Limited Employee Stock Option Scheme 2026' (ESOS 2026).
Approval for grant of options to employees of subsidiary companies under both ESOP 2008 and ESOS 2026.
Approval for secondary acquisition of shares through Trust route for implementing both ESOP plans.
Approval for provision of money by the Company for purchase of its own shares by the Metro Brands ESOP Trust.

Total Income: ₹727.40 crore (Q1 FY26: ₹643.03 crore; Q4 FY26: ₹787.77 crore)
Revenue from Operations: ₹701.62 crore (Q1 FY26: ₹615.09 crore; Q4 FY26: ₹756.92 crore)
Other Income: ₹25.78 crore (Q1 FY26: ₹27.94 crore; Q4 FY26: ₹30.85 crore)
Total Expenses: ₹605.40 crore (Q1 FY26: ₹514.44 crore; Q4 FY26: ₹635.22 crore)
Profit Before Tax: ₹122.00 crore (Q1 FY26: ₹128.59 crore; Q4 FY26: ₹152.55 crore)
Tax Expense: ₹30.63 crore (Q1 FY26: ₹31.97 crore; Q4 FY26: ₹37.98 crore)
Profit After Tax: ₹91.37 crore (Q1 FY26: ₹96.62 crore; Q4 FY26: ₹114.57 crore)
Other Comprehensive Income: ₹0.81 crore
Total Comprehensive Income: ₹92.18 crore
EPS (Basic): ₹3.35 (Q1 FY26: ₹3.55; Q4 FY26: ₹4.21)
EPS (Diluted): ₹3.34 (Q1 FY26: ₹3.54; Q4 FY26: ₹4.20)
Paid-up Equity Share Capital: ₹136.28 crore (face value ₹5 each)

Granted 1,02,993 Employee Stock Options under ESOP 2008 (Q1 FY26: 60,453; Q4 FY26: 31,883)
Exercised 8,770 Employee Stock Options during the quarter (Q1 FY26: 34,729; Q4 FY26: 97,330)

Single reporting segment: Trading of fashion footwear, bags and accessories in premium and economy categories.
No geographical segments as all operations are within India.

Total Options: 54,50,000 (Fifty-Four Lakhs Fifty Thousand) options to be granted to eligible employees.
Compliance: Scheme compliant with SEBI (SBEB) Regulations, 2021.
Shares Covered: 54,50,000 Equity Shares.
Pricing Formula: Exercise price equivalent to 50% of previous quarter's VWAP, but not less than face value of equity share.
Vesting Period: Minimum 1 year, maximum 3 years from Grant Date.
Exercise Period: Maximum 4 years from each vesting date.
Applicability: Company, subsidiaries, associates, holding company employees/directors in India or outside India.
Administration: Overseen by NRC Committee, administered by Trust.

Global leadership expert in development, organization consulting, family and enterprise advisory.
Spent 27 years at Egon Zehnder, helped establish offices in New Delhi, Bengaluru, Mumbai.
Co-founded and co-led firm's global Family Business Advisory Practice.
Serves on Advisory Boards of Pratham Education Foundation and Leaders for Social Sector (ILSS).
Qualifications: BA (Hons) from St. Stephen's College, University of Delhi; MBA in Marketing from University of Surrey, UK; Postgraduate Diploma from Oberoi Centre for Learning and Development.
Not related to any existing Director and satisfies independence criteria.

Managing Director since 2000, navigating through diverse roles to current position.
Alumna of University of Texas at Austin, attended Owner/President Program at Harvard Business School.
Spearheaded store network expansion from 100 stores in 2010 to 1000+ stores across India.
Daughter of Chairman Mr. Rafique Abdul Malik and sister of Whole-Time Director Ms. Alisha Malik.