About Metro Brands Limited

Metro Brands Limited (MBL) is one of India’s largest footwear specialty retailers, with a rich heritage spanning seven decades. The company positions itself as a trusted, one-stop destination for footwear and related accessories across categories, age groups and price points, combining a pan-India store network with a strong digital presence to deliver a seamless omni-channel experience. Its product range covers casual and formal footwear as well as sportswear and athleisure, along with bags, clutches, wallets, belts, shoe care and foot care products for men, women and children.

As of March 31, 2025, MBL operated 908 showrooms across 205 Indian cities, supported by two warehouses and one office. The company’s operations are entirely domestic, with presence across 31 States and Union Territories, no international offices and Nil exports, reflecting a clear focus on the Indian market and customers’ evolving preferences. MBL engages customers through its own website and leading e-commerce marketplaces, complementing a wide physical footprint with online convenience and choice.

MBL has two subsidiaries and also operates through a joint venture. The company explicitly notes that its two subsidiaries were incorporated in 2009 and 2016 respectively; it does not have any material unlisted subsidiary as defined in the Listing Regulations. This structure supports MBL’s multi-format retail model and curated brand portfolio in footwear and accessories.

Key Milestones of Metro Brands Limited

Over the latest year, MBL’s milestones included expanding omni-channel capabilities, strengthening international brand partnerships and deepening its store footprint in both urban and emerging markets. The company highlights an integrated model—spanning sourcing, marketing and customer engagement—that makes it a platform of choice for global brands seeking to scale in India.

Metro Brands Limited Business Verticals and Geographical Presence

Metro Brands Limited is a footwear specialty retailer offering casual, formal, and athleisure footwear, as well as bags, clutches, wallets, belts, shoe care and foot care products for men, women and children. The company operates 908 showrooms across 205 cities in India, with presence across 31 States and Union Territories. Operations are entirely domestic, with two warehouses, one office, no international offices and Nil exports. MBL engages customers through its own website and leading e-commerce marketplaces, with online contributing approximately 10.6% of total sales.

Metro Brands Limited Business Segment

MBL is a footwear specialty retailer offering casual, formal, and athleisure footwear, as well as bags and accessories for men, women and children. It sells through an extensive store network of 908 showrooms across 205 cities and leading online marketplaces in India. The company’s operations span 31 States and Union Territories with no international offices and Nil exports, reflecting a clear focus on the Indian market.

Metro Brands Limited Key Management

• Farah Malik Bhanji – Managing Director
• Nissan Joseph – Chief Executive Officer
• Kaushal Khodidas Parekh – Chief Financial Officer
• Alisha Rafique Malik – Whole-time Director and President, Sports Division, E‑Commerce and CRM
• Mohammed Iqbal Hasanally Dossani – Whole-time Director
• Nandini Mehta – Chief Human Resource Officer
• Mohit Dhanjal – Chief Operational Officer
• Deepa Sood – Senior Vice President – Legal, Company Secretary & Compliance Officer

Latest Updates on Metro Brands Limited

• India’s first Foot Locker store was launched, marking MBL’s entry into global sneaker retail with a premium, youth-focused experience.
• MBL entered the lifestyle fashion accessories segment through a retail arrangement with New Era, launching three exclusive kiosks in prominent malls and an India website to build the brand locally.
• The company initiated a structured retail partnership to reintroduce Clarks in India, and notes it has been appointed as the exclusive Retail and Digital Partner for Clarks across India and neighbouring countries, including Bangladesh, Bhutan, Nepal, Maldives and Sri Lanka.
• The FILA business was successfully demerged from a wholly owned subsidiary and integrated into MBL effective April 1, 2024, delivering brand and channel synergies and improved operational control.
• “Mochi” was recognised as a well-known trademark by the Hon’ble Bombay High Court under the Trademarks Act, 1999, strengthening protection for the brand across categories.
• The company added a net 70 new stores during FY 2024–25, taking the total to 908 as of March 31, 2025; e-commerce and omni-channel sales reached Rs 259 crore, with online contributing approximately 10.6% of total sales.