Financials Metro Brands Limited

Equities

METROBRAND

INE317I01021

Apparel & Accessories Retailers

End-of-day quote NSE India S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1,082 INR +1.01% Intraday chart for Metro Brands Limited +1.25% -14.93%

Valuation

Fiscal Period: March 2022 2023 2024 2025 2026
Capitalization 1 166,217 215,933 294,272 - -
Enterprise Value (EV) 1 158,327 209,305 284,949 285,685 282,558
P/E ratio 76.7 x 59.9 x 85.7 x 64.4 x 51.5 x
Yield 0.37% 0.5% 0.37% 0.46% 0.58%
Capitalization / Revenue 12.4 x 10.2 x 12.4 x 10.4 x 8.78 x
EV / Revenue 11.8 x 9.84 x 12 x 10.1 x 8.43 x
EV / EBITDA 38.7 x 30.8 x 40.1 x 32.3 x 26.6 x
EV / FCF 92.2 x 74.5 x 57.2 x 51.9 x 39.8 x
FCF Yield 1.08% 1.34% 1.75% 1.93% 2.52%
Price to Book 13.1 x 14 x 16.3 x 13.8 x 11.5 x
Nbr of stocks (in thousands) 271,507 271,733 271,921 - -
Reference price 2 612.2 794.6 1,082 1,082 1,082
Announcement Date 5/20/22 5/23/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Net sales 1 - 13,429 21,271 23,783 28,387 33,500
EBITDA 1 - 4,092 6,788 7,114 8,833 10,603
EBIT 1 - 2,749 4,977 4,929 6,345 7,824
Operating Margin - 20.47% 23.4% 20.73% 22.35% 23.36%
Earnings before Tax (EBT) 1 - 2,831 4,891 4,749 6,180 7,736
Net income 1 682 2,116 3,614 3,445 4,608 5,772
Net margin - 15.76% 16.99% 14.49% 16.23% 17.23%
EPS 2 2.430 7.980 13.26 12.63 16.80 21.01
Free Cash Flow 1 - 1,718 2,810 4,980 5,500 7,108
FCF margin - 12.79% 13.21% 20.94% 19.37% 21.22%
FCF Conversion (EBITDA) - 41.98% 41.41% 70% 62.26% 67.04%
FCF Conversion (Net income) - 81.18% 77.76% 144.54% 119.35% 123.14%
Dividend per Share 2 - 2.250 4.000 3.972 4.982 6.279
Announcement Date 8/20/21 5/20/22 5/23/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 4,032 5,080 4,763 5,987 5,441 5,825 5,402 6,964 5,923 6,517
EBITDA 1 1,298 1,829 1,472 2,052 1,436 1,866 1,542 2,202 1,560 -
EBIT - - 1,323 1,879 933.6 - - 1,543 1,081 1,527
Operating Margin - - 27.78% 31.38% 17.16% - - 22.16% 18.26% 23.43%
Earnings before Tax (EBT) 1 - 1,397 1,027 1,521 945.9 1,282 1,046 1,570 836.2 -
Net income 1 - 1,048 762.5 1,120 684.9 928.3 705.2 1,174 683.2 -
Net margin - 20.62% 16.01% 18.7% 12.59% 15.94% 13.05% 16.86% 11.53% -
EPS 2 - 3.880 2.860 4.100 2.510 3.400 3.000 4.053 2.722 -
Dividend per Share - - - - - - - - - -
Announcement Date 5/20/22 7/29/22 10/19/22 1/17/23 5/23/23 8/1/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - -
Net Cash position 1 - 7,890 6,628 9,323 8,587 11,714
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - 1,718 2,811 4,980 5,500 7,108
ROE (net income / shareholders' equity) - 16.6% 25.7% 20.5% 23.3% 24.7%
ROA (Net income/ Total Assets) - - 13.8% 11.2% 13.6% 14.8%
Assets 1 - - 26,160 30,761 33,884 39,001
Book Value Per Share 2 - 46.60 57.00 66.50 78.50 93.70
Cash Flow per Share - - - - - -
Capex 1 - 479 996 1,000 1,019 1,067
Capex / Sales - 3.57% 4.68% 4.2% 3.59% 3.18%
Announcement Date 8/20/21 5/20/22 5/23/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
1,082 INR
Average target price
1,210 INR
Spread / Average Target
+11.79%
Consensus
  1. Stock Market
  2. Equities
  3. METROBRAND Stock
  4. Financials Metro Brands Limited