About Metro Brands Limited

Metro Brands Limited (MBL) is one of India’s largest footwear speciality retailers, with a heritage spanning seven decades. It offers a one-stop destination for footwear and related accessories across categories, age groups and market segments, with a portfolio comprising well-entrenched own labels and premium third‑party offerings. The company is headquartered in Mumbai and operates through a nationwide footprint supported by a growing digital presence, enabling customers to engage with its brands seamlessly across channels. Incorporated on January 19, 1977, MBL has built scale and relevance in India’s consumption story.

As of March 31, 2025, MBL operated 908 showrooms across 205 cities in 31 States and Union Territories, backed by two warehouses and an office. The company does not have international offices. Its export contribution is Nil, underlining a domestic-focused retail model. MBL’s consumer reach is supported by 17+ million loyalty members, 250+ footwear vendor partners and eight store formats, while its product presence spans men’s and women’s footwear, kids’ footwear, and accessories such as bags, clutches, wallets, belts, shoe care and foot care.

MBL operates through an efficient structure: Metmill Footwear Private Ltd. manages shop‑in‑shop counters and third‑party brand distribution, M.V. Shoe Care Private Limited (a joint venture) focuses on shoe and foot care products, and Metro Athleisure Limited manages distribution of footwear and apparel under its owned brand Proline. The company has two subsidiaries in total.

Key milestones include the expansion of its omni‑channel network and the scaling of a pan‑India retail footprint to 908 stores, reflecting seven decades of industry experience and a broad customer base.

Metro Brands Limited’s Business Segments

• Segment/vertical: Retailer in fashion footwear, bags and accessories – 100% of turnover.
• Geography: Exports as a percentage of total turnover – Nil (therefore, revenue is overwhelmingly domestic).

Metro Brands Limited Key Management

• Rafique Abdul Malik – Non‑Executive Chairman
• Farah Malik Bhanji – Managing Director
• Nissan Joseph – Chief Executive Officer
• Kaushal Parekh – Chief Financial Officer
• Deepa Sood – Company Secretary (Senior VP – Legal, Company Secretary & Compliance Officer)
• Alisha Rafique Malik – Whole‑Time Director and President – Sports Division, E‑Commerce and CRM
• Mohammed Iqbal Hasanally Dossani – Whole‑Time Director
• Mohit Dhanjal – Chief Operating Officer (joined August 01, 2024)

Latest Updates on Metro Brands Limited

• Partnership Expansion: Metro Brands has been appointed the exclusive Retail and Digital Partner for Clarks across India and neighbouring countries, including Bangladesh, Bhutan, Nepal, Maldives and Sri Lanka; the partnership was announced in June 2025.
• Leadership Change: Mr. Rafique Abdul Malik was re‑designated as Non‑Executive Chairman effective September 19, 2024.
• Board Changes: Independent Directors Mr. Manojkumar Madangopal Maheshwari and Ms. Aruna Bhagwan Advani ceased to be Directors on February 05, 2025 upon completion of their terms; subsequent appointments to the Board included new Independent Directors with effect from February 06, 2025.
• Business Restructuring: During FY 2024‑25, audit procedures included a one‑time exercise related to the demerger of the FILA business from a wholly owned subsidiary to the company.