We will discuss Metro Brands’ share price prediction for the upcoming years, financial trends, shareholding partners, and business fundamentals.
If you are here on this blog, you want to know about Metro Brands share price target 2023, 2024, 2025, and 2030. This article will let you know the expected share price targets.
Metro Brands is one of the fastest-growing companies in the footwear sector. It has been growing for the last few years. Now, you can see the jump. The market value of footwear is increasing in India year by year. The current market value of footwear is approximately $13.49. It can increase up to $27.84 billion in the next five years.
Metro Brands is a reputed company. Many of us hear about this when we talk about footwear. We will analyze Metro Brands regarding business fundamentals, financial trends, future price prediction, market analysis, etc.
Read this article till the last to know more about Metro Brands. After that, you can decide if it is worth buying for you or not.
About Metro Brands Limited
Malik Tejani founded Metro Brands in 1977. This company is located in Mumbai, Maharashtra. Previously it was known as Metro Shoes, but later it was renamed “Metro Brands”. It has hundreds of stores running in over a hundred cities in India. It has owned famous footwear companies, including Fontini, Metro, Mochi, Walkaway, Crocs, etc.
Its first initial public offering came in December 2020. It has given up to 75% return to its investors. It is financially very strong and can grow more in the future. It has good market capitalization and strong fundamentals. This company can be a good option for long-term investment.
Let’s have a look at this table:
Company | Metro Brands Limited |
Official Website | metrobrands.com |
Founded | 1977 |
Listed on | NSE & BSE |
Employees | 501-1000 |
Controller | Ms. Farah Bhanji (MD) |
Founder | Malik Tejani |
Financial Trends
Year | Revenue | Profit |
2019 | INR 1,217 Cr | INR 148 Cr |
2020 | INR 1,285 Cr | INR 157 Cr |
2021 | INR 800 Cr | INR 68.2 Cr |
2022 | INR 1,343 Cr | INR 212 Cr |
Metro Brands Share Price Target 2023 to 2030
Year | Revenue | Profit |
2019 | INR 1,217 Cr | INR 148 Cr |
2020 | INR 1,285 Cr | INR 157 Cr |
2021 | INR 800 Cr | INR 68.2 Cr |
2022 | INR 1,343 Cr | INR 212 Cr |
Metro Brands Share Price Target 2023
This company has a good net worth. As you can see in the given table above, it has been making a good profit in the last four years. Except for 2021, it has earned good profits. In 2022, its profit was INR 212 Cr. The past performance and current performance of Metro Brands are good. According to all factors, experts predicted that the expected Metro brands share price target 2023 can reach INR 890 as its minimum target and INR 910 as its maximum target.
Metro Brands Share Price Target 2024
This company is performing well. Metro Brands manufactures both mid and high-quality products. It has a big market in India. Indians prefer to buy Metro products. It has started exporting its products to foreign countries. And from exporting, it earns a big revenue. The expected Metro Brands share price target 2024 can reach INR 1,125 as its minimum target and INR 1,135 as its maximum price target.
REC Share Price Target 2023 to 2030
Metro Brands Share Price Target 2025
After seeing its growth, experts say that this company can earn profit in the long run. As you all know, the footwear sector is growing rapidly. When consumers demand more products, the company will manufacture more products. In this way, the growth and sale of Metro Brands will increase. The expected Metro Brands share price target 2025 can reach INR 1,450 as its minimum target and INR 1,480 as its maximum price target.
Metro Brands Share Price Target 2030
Metro Brands is expanding its manufacturing units in the country as product demand is increasing. It is also exploring its distribution network. So that it can deliver its products to every corner of the country, it is expanding its market in foreign countries also. By observing the continuous demand for footwear, experts predicted that the expected Metro Brands share price target 2030 can reach INR 3200 as its minimum target and INR 3600 as its maximum price target.
Conclusion
I have shared information about Metro Brands’ share price target from 2023 to 2030. If you want to buy Metro shares:
- Refrain from investing by reading this blog. Because it is based on expectations, we can not predict the exact value of any share price.
- So, be careful before investing.
- Always do your research and talk with an expert.
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Frequently Asked Questions
Who is the Owner of Metro Brands?
Malik Tejani founded Metro Brands In 1977.
What will be Metro Brands share price target 2025?
The expected Metro Brands share price target 2025 can reach INR 1,450 as its minimum target and INR 1,480 as its maximum price target.
What will be Metro Brands share price target 2030?
The expected Metro Brands share price target 2030 can reach INR 3200 as its minimum target and INR 3600 as its maximum price target.