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Metro Brands Q2 FY27 revenue up 12.2% to ₹730 crore; EBITDA rises 15.8% to ₹198 crore
Our read
Metro Brands will more likely than not keep revenue growth in double digits over the next two quarters, with its EBITDA margin staying close to 27%.
For operators
Metro Brands opened 21 stores and closed nine to reach 1053 across 223 cities, with e-commerce at 14.2% of revenue, so rival footwear chains should benchmark their store churn and online share against that mix.
Watch
Revenue growth above Q2's 12.2% in the Q3 FY27 results would mean store additions are compounding and rivals face a stronger footwear incumbent.
The report,
Metro Brands opened 21 stores and closed nine, ending the quarter with 1053 stores across 223 cities. E-commerce contributed 14.2% of revenue. Consolidated growth was modest as the festive calendar shifted a larger share of demand into Q3.
- Revenue, year-on-year growth
- ₹730 crore
- up 12.2%
- EBITDA, year-on-year growth
- ₹198 crore
- up 15.8%
- PAT (10.6% margin)
- ₹77 crore
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Reported figures
From the report. Source details below
| Q2 FY27 EBITDA margin: | 27.1% |
|---|
Why it matters to operators and investors
Metro Brands grew Q2 FY27 revenue 12.2% to ₹730 crore while EBITDA rose faster at 15.8% to ₹198 crore (27.1% margin), so earnings are growing quicker than sales and PAT stands at ₹77 crore (10.6% margin).
What to watch next
- EBITDA margin against Q2's 27.1% in the Q3 FY27 results
- Store openings and closures against Q2's 21 opened and nine closed
- Store count against the 1053 stores across 223 cities at the next update
- E-commerce share of revenue against the 14.2% reported