The report says Metro Brands posted 12.2% YoY topline growth with gross margin expansion, while store expansion remained measured in the quarter.
Read this note →Metro Brands Limited
NSE METROBRAND BSE 543426 INE317I01021
0 filings · 0 analysed
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HSIE Results Daily 19 Oct 26 HSIE
The report says Metro Brands posted 12.2% YoY topline growth with gross margin expansion, while store expansion remained measured in the quarter.
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Consumer Discretionary 2QFY27 Results Preview HSIE
The report upgrades Metro Brands to BUY from ADD with a DCF-based target of Rs 1,030, citing a 30% stock price correction with no meaningful fundamental damage.
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Metro Brands Update Sep26 HSIE
The note says MBL remains among the few footwear retailers chugging along across KPIs and that, after a ~34% one-year stock correction, valuations are more palatable (~35x Sep-28 P/E), with HSIE maintaining ADD at a DCF-based TP of INR1,030/sh (implying ~43x Sep-28 EPS) while cutting FY27/28 EPS estimates by 5-7%; it pencils in ~13% YoY Q2FY27 revenue growth with a 40bps margin hit from minimum wage hikes, ~18% revenue CAGR over FY27-29, ~35-40 Walkway store additions over FY27-29, and contributions from Clarks and Footlocker from FY28 and Fila from FY29.
Prices from Yahoo Finance, NSE close, delayed — indicative only, not for dealing. Solid markers sit on the exchange's own timestamp.
Targets, and what happened next
What each house published, and where the price has gone since. Orivam issues no calls of its own and takes no view on these.
| House | Published | Call | Entry | Target | Now | Progress | Standing |
|---|---|---|---|---|---|---|---|
| HDFC Securities | 30 Sep 2026, 16:26 | long | 841.75 | 1,030.00 | 824.55 | -9% | open by 2027-09-30 |
Deadlines: 0 stated by the house, the rest set by Orivam’s convention — ten trading days for a technical call, twelve months for a price target. A target with no date cannot be judged, so one has to be chosen.
What the desks said
The report upgrades Metro Brands to BUY from ADD with a DCF-based target of Rs 1,030, citing a 30% stock price correction with no meaningful fundamental damage.
Read this note →The note says MBL remains among the few footwear retailers chugging along across KPIs and that, after a ~34% one-year stock correction, valuations are more palatable (~35x Sep-28 P/E), with HSIE maintaining ADD at a DCF-based TP of INR1,030/sh (implying ~43x Sep-28 EPS) while cutting FY27/28 EPS estimates by 5-7%; it pencils in ~13% YoY Q2FY27 revenue growth with a 40bps margin hit from minimum wage hikes, ~18% revenue CAGR over FY27-29, ~35-40 Walkway store additions over FY27-29, and contributions from Clarks and Footlocker from FY28 and Fila from FY29.
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