Hello, guys in this article we discuss one of the Leading multi-brand footwear retail companies, Metro Brands’ share price target, and its future share value prediction forecast. Also, we deeply look into the company’s current market position and how it can be performing as per the upcoming market conditions.
Evaluating Metro Brands’ business fundamentals, financial stability, strength, and weaknesses will give us more insight into the company’s future performance. As well as we can see whether investing in Metro Brands will be worth it or not. Let’s see an in-depth analysis of Metro Brands Share Price Target for 2023, 2024, 2025, 2026, and 2030.
Metro Brands Share Price Target 2023, 2024, 2025, 2026, 2030
Metro Brand is an Indian-based multi-branded footwear company doing business in Online and Offline markets, the company has had a presence in the Indian footwear market for almost 50 years. Before analyzing its share value let’s see its business fundamentals.
|Name||Metro Brand’s Limited|
|Serving Areas||Retail, e-commerce, fashion|
|Brands||Metro Shoes, Mochi, walkway, Fitflop, Da Vinci, Cheemo|
Metro Brands Share Price Target 2023
Metro Brands missed its initial Public Offering (IPO) on Dec 2021 with a face value of INR 5, and a single share value of INR 485-500. The company was listed on the Bombay Stock Exchange (BSE-543426) and the National Stock Exchange (NSE-METROBRAND).
The company has a strong marketing team that helps to promote its brand on every digital platform and keeps engaging with its customers. Also, it has various subsidiary companies which give stable revenue for Metro Brands.
Metro Brands Share Price Target 2023: Metro is a well-established footwear brand in the Indian market, and it has an experienced management team that helps to keep forwarding metro brands in the Indian footwear market. So you can expect stable growth from Metro Brands in the upcoming days. The share price target of Metro brands by 2023 is between INR 820 and the second target price is Rs.830.
|Metro Brands Share Price First Target 2023||Rs.820|
|Metro Brands Share Price Second Target 2023||Rs.830|
Metro Brands Share Price Target 2024
Metro Brands was listed in the Retail, e-commerce, and fashion sectors in the stock market, the company’s P/E ratio of 59.17 is higher than its sector P/E ratio, also its shares were somewhat overvalued zone as compared to its key valuations.
Metro has shown potential growth in the upcoming days because it has a strong retail network in across Indian cities. Currently Metro has over 600 retail outlets, also it has its own mobile application which provides various products like footwear, clothing, and fashion.
Metro Brands Share Price Target 2024: The company has various business markets like retail outlets, and online stores as well as selling its products through
third-party e-commerce websites like amazon, Flipkart, Myntra, et, So you can expect good revenue growth as well as its share value gr
owth in the future. The expected share price target of Metro Brands by 2024 is INR 900 and the second highest target is INR 910.
|Metro Brands Share Price First Target 2024||Rs.900|
|Metro Brands Share Price Second Target 2024||Rs.910|
Metro Brands Share Price Target 2025
Metro Brands Share Price Today INR 781.20 (29-323), you can check the current share price by clicking the link. Since Metro Brands’ shares listing it shows a positive forward movement over the period of time. And many experts predict bulls on Metro Brand shares.
In the last five financial years, the company has had a zero debt ratio which is a great sign for its future performances, and its annual revenue growth is 58.06% beating a 3-year CAGR of 5.29%.
QoQ Dec Metro shares posted great results in terms of PAT growth of 46.82%, and EPS (Earnings Per Share) beat 10.81%, as well as the revenue growth is INR 598Cr which is 27.38% higher than its previous quarter results.
Metro Brands Share Price Target 2025: The company has a strong balance sheet with stable revenue growth, also you can see the current market of the retail and e-commerce sector is going forward with a lot of opportunities. So you can expect the Share Price Target of Metro Brands by 2025 with high-margin returns of INR 1030 and a second target price of INR 1050.
|Metro Brands Share Price First Target 2025||Rs.1030|
|Metro Brands Share Price Second Target 2025||Rs.1050|
Metro Brands Share Price Target 2026
Metro Brands Limited (MBL) company management has announced in the next five years they plan to open up to 260 new retail stores, also the company is a tie-up with global brands like Crocs, and Flipflop to enhance its Indian market position.
Also, MBL has a variety of leading brands like Mochi, and Walkway which was owned by Metro Brands. The company is now more focusing apart from footwear like accessories, bags, and wallets.
Metro Brands Share Price Target 2026: Metro Brands Limited has a strong business model in the digital and retail footwear market in India, the company has the highest no of followers on Instagram among other brands, so it can able to utilize the upcoming market demands, you can expect the share price target of Metro Brands Limited by 2026 is between INR 1130 and the second target price is Rs.1140.
|Metro Brands Share Price First Target 2026||Rs.1130|
|Metro Brands Share Price Second Target 2026||Rs.1140|
Metro Brands Share Price Target 2030
Metro Brands Limited is s Mid-cap company with a total market capitalization of INR 21,404 Cr, and looking at its financial fundamentals the company has an operating revenue of INR 1,986.13Cr with an ROE of 16%, and a pre-margin tax of 21%.
The company management is looking forward to increasing its e-commerce operations and digital presence and focusing more on growth in allied businesses like accessories, shoe care products, and its portfolio.
Metro Brands Share Price Target 2030: Metro Brands Limited has an extraordinary track record in terms of business and marketing in the Indian Footwear industry, and the company keeps adopting new technologies to become a pioneer in the future. So you can expect a share price target of Metro Brands by 2030 is INR 1380 and the second target price is Rs. 1400.
|Metro Brands Share Price First Target 2030||Rs.1380|
|Metro Brands Share Price Second Target 2030||Rs.1400|
Overview Of Metro Brands
|Industry||Retail, Fashion, E-Commerce|
|Founder Name||Malick Tejani|
|Headquarters Place||Mumbai, Maharashtra, India|
|Key People||Rafique Malick [Chairman] Farah Malick Bhanji [MD] Nissan Joseph [CEO]|
|Products||Footwear, Fashion, Accessories|
|Brands||Metro Shoes, Mochi, Walkway, Fitflop, Da Vinci, Cheemo|
Business Model Of Metro Brands
Metro Brand is an Indian-based multi-branded footwear retailer company that offers a wide range of footwear products for men, women, and children in terms of various brands.
The company provides products for every segment of customers from premium to affordable ranges. The company has a strong presence in urban and semi-urban areas which helps to cover various segments of customers.
Metro Brands’ Limited has various activities like product design, development, manufacturing, marketing, and distribution. Also, they collaborate with global brands to manufacture products.
Strengths of Metro Brands
- The company has a wide range of products for men, women, and children with affordable price ranges.
- The company has strong brand recognition with over 60+ years of experience.
- Metro Brands has over 600+ retail stores and expects to expand up to 1000 stores in the upcoming days.
- The company makes revenue from different streams like retail sales, franchise fees, and brand endorsements.
- EBITA in FY 21-22 INR 410 Cr which is 138% YoY.
- PAT margin was increased up to 15.9%.
Weaknesses Of Metro Brands
- The company fully depends on some of its brands
- If there is a fluctuation in the supply of raw materials supply may affect its revenue growth.
- The company works in a heavy competition market with local and international brands.
- Customer preferences always keep changing as per the current market trends.
- The company mainly focuses on metro and urban cities which can’t give it standard revenue growth.
- The company depends on its franchisees which can lead to inconvenient customer experiences in its various locations.
Opportunity For Metro Brands
- Expanding its presence in new markets and able to compete with global brands.
- Increase in the presence on the e-commerce platform which is growing rapidly and gives so many revenue options.
- collaborations and partnerships with various leading brands in the Indian and outside footwear market.
Competitions Of Metro Brands
- Liberty Shoes
- Khadim India
- Mirza Intl
- Campus Active
- Bata India
- Relaxo Footwear
Shareholding Pattern Of Metro Brands
Metro Brands Share Price Target 2023, 2024, 2025, 2026, 2030
|Years||First Target||Second Target|
|Metro Brands Share Price Target 2021||Rs. 440||Rs. 470|
|Metro Brands Share Price Target 2022||Rs. 500||Rs. 600|
|Metro Brands Share Price Target 2023||Rs. 650||Rs. 780|
|Metro Brands Share Price Target 2024||Rs. 850||Rs. 900|
|Metro Brands Share Price Target 2025||Rs. 1100||Rs. 1200|
|Metro Brands Share Price Target 2026||Rs. 1250||Rs. 1310|
|Metro Brands Share Price Target 2030||Rs. 1350||Rs. 1400|
Metro Brand’s Limited shares have a strong business and financial history, also the company has a strong presence in online and offline stores with enough retail stores. Due to the positive balance sheet of Metro Brands shares, you can expect a multi-bagger from this long-term investment.
Also, I attached a video of famous stock market analyst Vivek, which can give you more clarity about Metro Brands stocks. Hope you like this article Metro Brand’s Share Price Target 2023, 2024, 2025, 2026, and 2030 share with your friends.
The target values mentioned here are only for reference purposes, actual values may vary as per the current market conditions. We are not SEBI-registered financial advisors, before taking financial activities do your own market research and seek advice from your financial advisor.
Metro Brand’s Limited Shares are good to Buy or Not?
As per the deep technical analysis, you can buy metro Brand shares with a hold period of 5 years.
Metro Brands share price target 2025?
The target share price of Metro Brands is INR 1030-1050.
Metro Brands Share Price Tomorrow?
The target price of metro shares is expected INR 789.53, and you can check the updated share price by clicking the link.
Is Metro Brand debt-free?
Yes, last 5 financial years the company is debt free.
Metro Brand Share Price Target 2030?
The target price of Metro Brands in 2030 is Rs. 1350-1400.