BSEOthers5d ago · 24 Aug 2026, 08:07 pm
Business Responsibility and Sustainability Report for FY 2025-26.
Metro Brands Ltd · 543426
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Metro Brands Ltd submitted its Business Responsibility and Sustainability Report for FY 2025-26, as per Regulation 34(2)(f) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Metro Brands Ltd - 543426 - Business Responsibility and Sustainability Reporting (BRSR)
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August 24, 2026
To, To,
The Manager The Manager
Listing Department Listing Department
BSE Limited, National Stock Exchange of India Ltd,
Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1,
Dalal Street, Mumbai – 400001 G Block, Bandra Kurla Complex,
Maharashtra Bandra (East), Mumbai – 400051
Scrip code: 543426 Symbol: METROBRAND
Subject: Business Responsibility and Sustainability Report for the Financial Year (“FY”)
2025-26
Dear Sir/Madam,
Pursuant to Regulation 34(2)(f) of Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Business
Responsibility & Sustainability Report which forms part of the Annual Report for FY 2025-26.
You are requested to take note of the same.
Thanking you,
For Metro Brands Limited
Deepa Sood
Chief Legal Officer, Company Secretary & Compliance Officer
Membership No: 16019
Encl: As above
ANNEXURE 6 – TO THE DIRECTORS’ REPORT
Business Responsibility and Sustainability Report
Section A : General Disclosures
I. Details of the listed entity
1. Corporate Identity Number (CIN) of the Listed Entity: L19200MH1977PLC019449
2. Name of the Listed Entity: Metro Brands Limited
3. Year of incorporation: 19-01-1977
4. Registered office address: 401, Zillion, 4th Floor, LBS Marg & CST Road Junction, Kurla (West), Mumbai, Maharashtra – 400070
5. Corporate address: 401, Zillion, 4th Floor, LBS Marg & CST Road Junction, Kurla (West), Mumbai, Maharashtra – 400070
6. Email address: investor.relations@metrobrands.com
7. Telephone: +91 22 6656 0444
8. Website: https://metrobrands.com/
9. Financial year for which reporting is being done: FY 2025-26
10. Name of the Stock Exchange(s) where shares are listed: BSE Limited and National Stock Exchange of India Limited
11. Paid-up Capital: ` 1,36,27,33,690/- (27,25,46,738 equity shares of `5 each fully paid up)
12. Name and contact details (telephone, email address) of the person who may be contacted in case of any queries
on the BRSR report: -
Name: Manoj Agarwal
Telephone number: +91 22 6656 0444
E-mail id: csr@metrobrands.com
13. Reporting boundary - Are the disclosures under this report made on a standalone basis (i.e. only for the entity) or on
a consolidated basis (i.e. for the entity and all the entities which form a part of its consolidated financial statements,
taken together).
Disclosures in this report are made on a standalone basis.
14. Name of assurance provider: M/s. Ainapur & Associates
15. Type of assurance obtained: A third-party reasonable assurance on BRSR Core attributes as per the standards developed by
the Industry Standards Forum (ISF).
II. Products/Services
16. Details of business activities (accounting for 90% of the turnover)
Description of Main Activity Description of Business Activity % of Turnover of the entity
Retail sale Retailer in fashion footwear, bags & accessories 100%
Metro Brands Limited 1
17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover):
Product/Service NIC Code % of total Turnover contributed
Fashion Footwear, Bags & Accessories 47713 100%
III. Operations
18. Number of locations where plants and/or operations/offices of the entity are situated
Location Number of plants Number of offices Total
National NA* 1,032 Showrooms (221 Cities), 1,035
2 Warehouses***, 1 Office
International** Nil Nil Nil
* The company operates retail outlets and does not undertake any manufacturing activity.
** The company does not have any international offices.
***The Company had commissioned 1 warehouse facility in Apr-26, and 1 old warehouse facility has been surrendered back to developer.
19. Market Served by the entity
a. Number of locations
Locations Number
National (No. of States) 31
International (No. of Countries) Nil
b. What is the contribution of exports as a percentage of the total turnover of the entity: 0.16%
c. A brief on types of customers:
The company is a prominent footwear specialty retailer in India, with a strong retail and ecommerce presence across cities
& towns in India. The Company addresses the evolving preferences of consumers by offering high-quality and fashionable
footwear. With a diverse product portfolio across various price points, MBL effectively serves the economy, mid-range, and
premium segments of the market. Its retail outlets provide a comprehensive assortment of footwear for men, women, and
children, in addition to bags and accessories, positioning MBL as a destination for family footwear and related products.
The Company offers a comprehensive range of casual and formal footwear, catering to diverse consumer preferences and
enhancing customer loyalty. This broad product offering contributes to the expansion of the Company’s market presence.
Metro Brands Limited engages with its customers through two principal channels:
1. Digital platforms – including the Company’s own website and leading e-commerce marketplaces.
2. Offline retail stores – through direct walk-in customers across its nationwide store network.
IV. Employees
20. Details as at the end of Financial Year
a. Employees and workers (including differently abled)
Male Female
Particulars Total (A)
No. (B) % (B / A) No. (C) % (C / A)
Employees
Permanent (D) 5,179 4,576 88.36% 603 11.64%
Other than Permanent (E) 1,675 1,546 92.30% 129 7.70%
Total employees (D + E) 6,854 6,122 89.32% 732 10.68%
Workers
Permanent (F)* 0 0 0 0 0
Other than Permanent (G) 0 0 0 0 0
Total workers (F + G) 0 0 0 0 0
*The company does not have any workers as defined in the guidance note on BRSR.
2 Metro Brands Limited
b. Differently abled Employees and workers
Male Female
Particulars Total (A)
No. (B) % (B / A) No. (C) % (C / A)
Differently Abled Employees
Permanent (D) 7 7 100% 0 0%
Other than Permanent (E) 0 0 0% 0 0%
Total differently abled employees (D + E) 7 7 100% 0 0%
Differently Abled Workers
Permanent (F) 0 0 0% 0 0%
Other than Permanent (G) 0 0 0% 0 0%
Total differently abled workers (F + G) 0 0 0% 0 0%
21. Participation/Inclusion/Representation of women
No. and percentage
Total (A) of Females
No. (B) % (B / A)
Board of Directors 10 3 30%
Key Management Personnel 6 3 50%
22. Turnover rate for permanent employees and workers (Disclose trends for the past 3 years)
Turnover rate in the year
Turnover rate in current Turnover rate in previous
prior to the previous
FY 2025-26 FY 2024-25
FY 2023-24
Male Female Total Male Female Total Male Female Total
Permanent Employees 49.36% 69.53% 51.48% 49.91% 69.04% 51.47% 66.24% 88.28% 67.78%
Permanent Workers 0% 0% 0% 0% 0% 0% 0% 0% 0%
V. Holding, Subsidiary and Associate Companies (including joint ventures)
23. (a) Names of holding / subsidiary / associate companies / joint ventures
Indicate whether Does the entity indicated
holding / subsidiary at column A, participate in
Name of the holding / subsidiary / associate % of shares held
/ associate the Business Responsibility
companies / joint ventures (A) by listed entity
companies / joint initiatives of the listed entity?
ventures (Yes/No)
Metmill Footwear Private Limited Subsidiary 51% No
Metro Athleisure Limited Subsidiary 100% No
M.V. Shoe Care Private Limited Joint Venture 49% No
VI. CSR Details
24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: (Yes/No): Yes
(ii) Turnover (in `): 2797.16 Crores
(iii) Net worth (in `): 1952.89 Crores
Metro Brands Limited 3
VII. Transparency and Disclosures Compliances
25. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible
Business Conduct:
Current Financial Year Previous Financial Year
Stakeholder
Grievance Redressal Number of Number of Number of
group from complaints Number of complaints
Mechanism in Place (Yes/No) complaints
whom pending complaints pending
(If Yes, then provide web-link filed Remarks Remarks
complaint is resolution filed during resolution
for grievance redress policy) during the
received at close of the year at close of
year
the year the year
Comm
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