Metro Brands Limited

rs,

May 22, 2025 To, The Manager Listing Department BSE Limited, Phiroze JeeJeeBhoy Towers, Dalal Street, Mumbai – 400001 (E) Maharashtra, India Scrip code: 543426 To, The Manager Listin

Rs 2500 crore

egic tie-up with Foot Locker • Hits 800 stores and Marketcap of $4B • Crossed gross sales of Rs 2500 crore • Exclusive tie-up with New Era • Launch of 1st Foot Locker store and New Era kiosk 2024 2023

Rs 2,507 crore

24 2023 4 Our story in numbers Company Facts Performance in FY25 8 store formats 908 Stores Rs 2,507 crores Revenue from operations Rs 760 crores EBITDA 30.3% EBITDA margin 31 States & Union territories

Rs 760 crore

Facts Performance in FY25 8 store formats 908 Stores Rs 2,507 crores Revenue from operations Rs 760 crores EBITDA 30.3% EBITDA margin 31 States & Union territories 74% Revenue contribution of in-house br

30.3%

n FY25 8 store formats 908 Stores Rs 2,507 crores Revenue from operations Rs 760 crores EBITDA 30.3% EBITDA margin 31 States & Union territories 74% Revenue contribution of in-house brands at MBOs

74%

Revenue from operations Rs 760 crores EBITDA 30.3% EBITDA margin 31 States & Union territories 74% Revenue contribution of in-house brands at MBOs 205 Cities Q1: 2 new cities Q2: 3 new cities Q3: 5

Rs 259 crore

: 2 new cities Q2: 3 new cities Q3: 5 new cities Q4 : 3 new cities 17+ million Loyalty membership Rs 259 crores Ecommerce revenue 10.6% contribution to overall revenue 70 Net store additions 5 70+ years of m

10.6%

Q3: 5 new cities Q4 : 3 new cities 17+ million Loyalty membership Rs 259 crores Ecommerce revenue 10.6% contribution to overall revenue 70 Net store additions 5 70+ years of market presence K E Y E N

85%

e rounded off ; 1 New Era kiosks 2 Price Range refers MRP of the inventory and represents broadly 85% of the total inventory value for the relevant customer segment. 3 Fila Price range is considering

32%

es I 205 Cities I 31 States and UTs (As of Mar’25) OUR PRESENCE ___________________________ South 32% West 31% Tier III 17% Metro cities 30% High Street 55% Zone wise1 Tier wise1 Location Wise1

31%

ities I 31 States and UTs (As of Mar’25) OUR PRESENCE ___________________________ South 32% West 31% Tier III 17% Metro cities 30% High Street 55% Zone wise1 Tier wise1 Location Wise1 North 24

17%

tes and UTs (As of Mar’25) OUR PRESENCE ___________________________ South 32% West 31% Tier III 17% Metro cities 30% High Street 55% Zone wise1 Tier wise1 Location Wise1 North 24% East 13% T

“❖ For full year FY25, PAT includes a one-time tax charge of Rs 25 crores arising from the reconciliation & reassessment of tax balances in the books, primarily of the Fila business, with balance as per return of income pertaining to earlier years.”

“❑ As per the final notification, entire legacy stock as at 31st July, 2024 will be allowed to be liquidated till 31st July, 2026.”

“Inventory levels have normalized in FY25.”

“However, we have visibility of adding 3 Foot Locker stores before start of festive season in Q3 FY26.”

“Fila ❑ Liquidation of old inventory of Fila has been completed in Q3 FY25.”

“❑ As guided earlier, in FY25, our focus was to re-launch FILA by leveraging Foot Locker & Metro / Mochi MBO’s distribution network.”

“❑ We are ON Track to open new FILA EBO’s in H2 of FY26.”

“❑ Marketing through Social Media platforms ❑ Company owns and operates its e-commerce operations; Investment in E-commerce specific warehouse management system which integrates store network with its online platform Revenue Breakup - Instore & E-commerce Online ^ FY25 : Instore : 88% | Online : 8% | Omnichannel: 3% | Others: 1% As a % of Standalone Revenue from Operations.”

“#Without Special dividend, Dividend Payout ratio is 42.2% 33 Brief Overview Q4 & FY25 Business Highlights Metro’s Strengths Levers of growth Sustainability Initiatives & Others Key Strategies 1 3 5 2 4 Store Expansion Plans Target to open sustainable and profitable stores across all formats.”

“❑ We processed old & discarded footwear aggregating to ~1940 tons (~4.6 million pairs) in FY24 and ~ 4,364 tons (~11 million pairs) in FY25 in an eco-friendly manner.”

One-off non-recurring transactions

1

Movement in working capital

1

One-off non-recurring transactions

❖ For full year FY24, MBL has recognized and utilized tax asset of Rs 43 crore carry forward business losses of Fila. Additionally, there is a reduction in tax charge on reversal of deferred tax liability of Rs 26 crore certain intangible assets due to demerger. ❖ For full year FY25, PAT includes a one-time tax charge of Rs 25 crores arising from the reconciliation & reassessment of tax balances in the books, primarily of the Fila business, with balance as per return of income pertaining to earlier years. 11 Note: Numbers and decimals rounded off Q4 & FY Business Highlights (Standalone) Revenue from Operations and Revenue per sq.ft Gross Profit and Gross Margins 5,000 4,450 5,200 4,800 4,500 4,300 5,150 4,750 564 539 624 578 563 567 688 632 FY24: 2,305 ; 18,700 FY25: 2,450 ; 18,200 59.9% 56.2% 60.0% 57.4% 60.0% 55.0% 59.1% 57.5% 338 303 374 332 338 312 406 363 FY24: 1,347 ; 58.4% FY25: 1,419 ; 57.9% 510 460 410 360 310 260 210 160 110 60 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25

Movement in working capital

(Increase)/Decrease in Trade Receivable (Increase)/Decrease in Inventories Increase/(Decrease) in trade and other payables Increase/(Decrease) in other assets/liabilities Cash generated from operations Less: Income taxes paid Net cash generated from operating activities Cash flows from investing activities Net Capital expenditure Net movement in FD & other investments Net cash flows from/ (used in) Investing Activities Cash flow from financing activities Proceeds from issue of shares Payment of Lease Liabilities Final and interim dividends including Dividend Tax paid Movement in borrowings and interest payment Net cash used in financing activities Net increase in cash and cash equivalents Cash and cash equivalents at the beginning of the period/year Cash and cash equivalents at the end of the period/year In INR Crore 502 275 777 (16) 73 (36) 35 834 (136) 698 (86) 208 122 8 (239) (542) (0) (773) 47 48 95 462 261 723 30 (64) (42) 27 674 (84) 590 (111) (140) (251) 4 (210) (116) (2) (323)