METROBRANDNSEMetro Brands LimitedLowNeutral
Announced Thu, 7 Aug · 17:36 IST

Metro Brands Limited has informed the Exchange about Convening 481h Annual General Meeting of the Company on Thursday, September 18, 2025, at 3:00 P.M. through Video Conferencing / Other Audio-Visual Means in accordance with the relevant circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India, along with the draft Notice.

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Metro Brands reported Q1 FY26 standalone revenue from operations of ₹615.09 crores, marginally lower than ₹631.81 crores in Q4 FY25 but up from ₹563.21 crores in Q1 FY25. Standalone profit after tax was ₹96.62 crores (EPS ₹3.55) versus ₹97.46 crores in the previous quarter and ₹92.35 crores a year ago. On a consolidated basis, revenue rose to ₹618.24 crores with PAT of ₹98.80 crores (EPS ₹3.62), reflecting ~7% year-on-year growth in both top line and bottom line. The Board fixed September 5, 2025 as the record date for the final dividend for FY25, with the 48th AGM scheduled for September 18, 2025 via video conferencing. Additionally, Mr. Mohammed Iqbal Hasannally Dossani was re-appointed as Whole-time Director for 5 years effective June 25, 2026 (remuneration up to ₹1.50 crore p.a.), and CS Sekar Ananthanarayan was appointed as Secretarial Auditor for FY 2025-26 to FY 2029-30.

Likely market impact

Steady single-digit year-on-year growth in revenue and profit suggests stable demand, though the slight dip from Q4 FY25 may indicate typical post-festive quarter softness. The final dividend record date and AGM schedule are key near-term catalysts for shareholders, while the director re-appointment provides leadership continuity.