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Metro Brands Share Price Target: Metro Brands has emerged as a stock in the spotlight after receiving bullish outlooks from major brokerage firms such as Emkay Global Financial Services, Goldman Sachs, and Nuvama Wealth Management, following its Q4 results.
Adding to the positive sentiment, the portfolio of India’s ace investor Rekha Jhunjhunwala also indicates growing confidence in the stock.
According to the latest shareholding data, the investor’s exposure to Metro Brands increased significantly on a quarter-on-quarter basis, rising from 9.6 per cent to 14.4 per cent, an increase of nearly 5 percentage points. This translates to a holding value of Rs 4,223.9 crores out of a total portfolio value of Rs 64,987.4 crores.
Metro Brands Share Price Target 2026
Brokerages have given an outlook for the stock ranging from “neutral to bullish.” Here’s what they have to say about this BSE 1000 stock:
Emkay Maintains BUY
Emkay Global Financial Services has maintained a BUY rating on Metro Brands with a target price of Rs 1,250, implying a 17.1 per cent upside.
The brokerage highlighted strong Q4 performance, led by 20 per cent YoY revenue growth, robust store additions, improving Walkway metrics, and an expected FILA ramp-up, while maintaining a positive outlook on growth and margins.
Goldman Sachs Sees 23 per cent Upside
Goldman Sachs maintained its BUY rating on Metro Brands and raised the target price to Rs 1,310 from Rs 1,290. The new price target reflects an upside potential of 22.7 per cent.
The brokerage highlighted strong Q4 performance, with sales rising 20 per cent YoY and EBITDA growing 21 per cent YoY, beating estimates.
Goldman also expects new brands like Clarks, Foot Locker, and FILA to drive growth, forecasting 20 per cent+ EPS CAGR over FY26–FY28.
Nuvama Recommends HOLD
In contrast to the above two brokerages, Nuvama Wealth Management maintained a HOLD rating on the stock with a revised target price of Rs 1,234 from Rs 1,150 (an upside of 15.6 per cent).
The brokerage cited strong festive and wedding demand, the company crossing the 1,000-store milestone, and expansion in operational capabilities. It also raised FY27E and FY28E revenue and PAT estimates, driven by optimism around newer growth initiatives.
| Brokerage | Metro Brands Share Price Target | Stock Recommendation | Upside% |
| Emkay | Rs 1,250 | BUY | 17.1% |
| Goldman Sachs | Rs 1,310 | BUY | 22.7% |
| Nuvama | Rs 1,234 | HOLD | 15.6% |
Metro Brands Share Price
The share price of the footwear company was trading 3.7 per cent lower, or Rs 41 down, at Rs 1,070.30. The price fell as low as Rs 1,064.50, reflecting a downside of 4.2 per cent during today’s trading session.
Metro Brands Q4 Results
In the March quarter (Q4FY26), Metro Brands reported a net profit of Rs 118 crore, compared to Rs 95 crore in the same period last year, marking a 23.5 per cent increase. The revenue from operations stood at Rs 773 crore, up from Rs 643 crore YoY, reflecting a 20.3 per cent growth.
The company’s Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) came in at Rs 238 crore, compared to Rs 198 crore YoY. EBITDA margin improved slightly to 30.8 per cent from 30.7 per cent a year ago.
(Disclaimer: The above article is meant for informational purposes only and should not be considered investment advice. ET NOW DIGITAL advises readers to consult their financial advisors before making any financial decisions.)
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