Hello friends, today we will talk about Metro Brands Share Price Target 2023, 2024, 2025, 2030. We will try to predict in this article what the share price target of Metro Brands Industries may be in the future. If you want to invest your money in Metro Brands Company, then read our article till the end. But before that, let us first take a look at the company’s business model and financial condition of the company.
Metro Brands Ltd Overview
Metro Brands Ltd. was started in 1955. Metro Brands Ltd. is India’s largest Indian footwear specialty retailer. The company caters to the footwear needs of the customers through a wide range of branded products for women, men and children.
The company has its own famous brands Walkway, Mochi, Metro, DaVinchi and Fontini. Apart from this, the company also sells some brands of third party brands like Clarks, Crocs, Skechers, Florsleim and Fitflof on its store.
Apart from this, the company also sells belts, bags, socks, masks and wallets at its store. The company’s business model is spread all over 136 cities in 30 states across the country. The company has a good range of multi-brand outlets and exclusive brand outlets. The company currently has 600 self-operated stores.
If we take a look at the financial condition of the company, in the last five years, the company’s sales have seen profits in terms of OPM of 30%-35%. During the last five years, the company’s revenues have increased from Rs 1000 thousand crore to Rs 1800 crore.
The company currently has a debt of Rs 800 crore, while the company has a cash reserve of Rs 1300 crore.
Metro Brands Share Price Target 2023
Metro Brands Limited company is a platform that provides people with the facility to provide different types of footwear in one place. The demand for the company’s product is increasing, due to which we are also seeing a good increase in the company’s sales and the best thing is that the company is also making good OPM 30%-35% with good sales growth.
The company’s earnings are also steadily rising as a result of its strong OPM. If we talk about Metro Brands share price target 2023, then the company’s stock was listed around Rs 480 on December 22, 2021.
But given the good business model of the company, the stock of the company was taken over by investors and the company’s stock saw a rise of close to 80%. Due to the increasing sales growth of the company, the company’s stock will also see a good boom in the coming time.
But given the good business model of the company, the stock of the company was taken over by investors and the company’s stock saw a rise of close to 80%. Due to the increasing sales growth of the company, the company’s stock will also see a good boom in the coming time.
But at this time, the company’s stock may see profit recovery from its upper levels in the short term. By the end of the year, Metro Brands share price target can be seen from Rs 750 on the down side and Rs 950 to Rs 980 on the upside.
Metro Brands Share Price Target 2025
The company currently has 600 self-operated stores of its own. The company management will be looking at opening some new branded outlets along with adding some new products to its product portfolio to increase its business in the coming time due to good financial conditions.
Due to the company’s growing sales growth and good net profit margins, the company’s stock will also be expected to grow well in the coming time. Metro Brands share price target in 2025 can be seen around Rs 1150 to Rs 1250 amidst market fluctuations.
Metro Brands Share Price Target 2030
If we talk about Metro Brands share long term price target 2030, 2040, then the company looks like a good company fundamentally and financially. The company is one of the largest footwear retailers in India and the company’s business is spread across 136 cities in 30 states and union territories across the country.
The company provides a large range of footwear to the customer with its own brand and third party brand. The company has a well experienced management and strong promoter holding. Promoter holding in the company is 74.26%.
If we look at the company’s business, the company’s business model will be seen performing well in the future. In view of this, it can be assumed that the stock of the company is a good stock to hold for a long time.