Metro Brands Q4 Results Review: Dolat Capital Upgrades Rating To 'Add', Hikes Target Price

Metro Brands registered a sustained performance during the quarter. The company opened 13 (net) new stores during Q4, taking the total count to 908 across 205 cities. In FY25, it added 70 (net) new stores, which was lower than guidance..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Dolat Capital Report.Metro Brands Ltd.’s Q4 FY25 revenue was in line, while Ebitda and adjusted profit after tax were ahead of our estimate. The revenue grew by 10.3%, driven by sustained consumer demand, robust performance across categories and focused strategic initiatives. In addition, e-com channel (inc. omni-channel) grew by 45% YoY to Rs 610 million. The company opened 13 (net) new stores in Q4 taking the total count to 908. We believe that momentum will recover in ensuing quarters fueled by penetration opportunities and the introduction of additional brands. Additionally, ongoing premiumization efforts are expected to maintain higher ASP. We upward revise our FY26/27E EPS estimates by 2.4/1.3% at Rs. 17.1/21.7 to factor in Q4 performance. Q4 performance indicated that the impact of Fila rationalization has reduced significantly. In the long run, we continue to believe that Metro would outperform peers given-its premium brand positioning,higher aspirations, demographic support andlow penetration. .Valuing the stock at 60x FY27E EPS to arrive at a target price of Rs 1,313. Upgrade to ‘Accumulate’. Buy on dips..Click on the attachment to read the full report:.Radico Gets Motilal Oswal's 'Buy' Initiation; Says Valuations Rich But Robust Growth Potential.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Metro Brands Q4 Results Review: Dolat Capital Upgrades Rating To 'Add', Hikes Target Price

Valuing the stock at 60x FY27E EPS to arrive at a target price of Rs 1,313, Dolat Capital upgrades to ‘Accumulate’, Buy on dips.

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Metro Brands Q4 Results Review: Dolat Capital Upgrades Rating To 'Add', Hikes Target Price

Valuing the stock at 60x FY27E EPS to arrive at a target price of Rs 1,313, Dolat Capital upgrades to ‘Accumulate’, Buy on dips.

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