Metro Brands Share Price Target 2025: Motilal Oswal Bullish on Footwear Retailer

Amid volatile market conditions, Metro Brands’ share price has gained attention after domestic brokerage firm Motilal Oswal issued a bullish outlook on the stock. The firm attributes the stock’s recent underperformance to a combination of internal and external factors, but remains optimistic about its long-term prospects.  

Metro Brands Performance Overview  

Metro Brands, formerly known as Metro Shoes, is a Mumbai-based multi-brand footwear retailer. Its stock performance in 2024 has been flat, underperforming benchmark indices. Internal challenges included:  

• Liquidation of old FILA inventory, which impacted gross margins.  
• A decline in revenue per square foot due to a lower share of Crocs in new store openings.  

External challenges were:  

• Delays in FILA’s expansion caused by the BIS implementation.  
• Weak overall demand in the footwear category.  

Despite these hurdles, Motilal Oswal views these as short-term disruptions and remains optimistic about the company’s future. The brokerage highlights Metro Brands’ strong growth potential, backed by internal accruals, and its efficient execution, demonstrated by its robust return on invested capital (RoIC) of over 30 per cent.  

Motilal Oswal has reiterated its ‘BUY’ rating for the stock, setting a target price (TP) of Rs 1,460, based on 70x December 2026 earnings per share estimates (P/E).

Metro Brands Share Price Target 2025: Buy, Hold, Or Sell 

The brokerage expects a 20 per cent upside from the current market price of Rs 1,234.90, forecasting the stock to reach Rs 1,460. While Metro Brands’ share price has declined marginally by 0.82 per cent over the past year, the stock rose 1.48 per cent today following the release of the updated target price.  

Investors are advised to view the current underperformance as a temporary phase, with Metro Brands well-positioned for long-term growth.