Monte Carlo Fashions Ltd

Monte Carlo Fashions Ltd

₹ 628 0.14%
18 Apr - close price
About

Monte Carlo Fashions Ltd is engaged in manufacturing of designer woollen/ cotton readymade apparels and trading of readymade apparels and other products under its brand "Monte Carlo" which has also been recognized as a "Superbrand".[1]

It is a part of Nahar Group of Companies [2]. Monte Carlo Fashions was de-merged from Oswal Woollen Mills Ltd (the flagship company of Nahar group) in the year 2011-12. Other major group companies include Nahar Industrial Enterprises, Nahar Spinning Mills that are listed on the stock exchanges.[3]

Key Points

History[1]
Monte Carlo Fashions Limited was incorporated in 2008 and is led by Mr. J. L. Oswal who has 50+ years of experience in textiles and apparels business and is promoter of well known Oswal Woollen Mills Ltd and Nahar Group.

  • Market Cap 1,302 Cr.
  • Current Price 628
  • High / Low 918 / 605
  • Stock P/E 13.2
  • Book Value 355
  • Dividend Yield 3.19 %
  • ROCE 20.4 %
  • ROE 18.1 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 38.2%

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Textiles Industry: Textiles - Products

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
238 462 162 113 249 520 237 139 212 504
186 348 140 108 198 389 204 143 178 382
Operating Profit 53 114 23 4 51 130 32 -4 34 122
OPM % 22% 25% 14% 4% 20% 25% 14% -3% 16% 24%
6 5 8 3 4 6 8 8 6 6
Interest 4 4 4 4 5 10 5 7 10 11
Depreciation 9 10 10 9 9 10 13 11 13 14
Profit before tax 45 104 16 -5 40 116 21 -16 18 103
Tax % 24% 26% 22% 27% 24% 26% 8% 25% 25% 25%
34 77 13 -4 30 86 20 -12 13 77
EPS in Rs 16.36 37.36 6.15 -1.89 14.62 41.63 9.56 -5.60 6.40 37.27
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 TTM
622 904 1,118 1,092
506 723 898 908
Operating Profit 116 182 219 184
OPM % 19% 20% 20% 17%
20 24 21 27
Interest 14 16 26 33
Depreciation 34 37 42 51
Profit before tax 88 152 172 126
Tax % 25% 25% 23%
66 114 133 99
EPS in Rs 31.98 54.96 63.92 47.63
Dividend Payout % 47% 36% 31%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 5%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -21%
Stock Price CAGR
10 Years: %
5 Years: 13%
3 Years: 41%
1 Year: -9%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 18%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 21 21 21 21
Reserves 583 667 756 716
118 156 331 509
214 279 389 346
Total Liabilities 937 1,122 1,496 1,591
225 231 281 328
CWIP 1 3 19 3
Investments 178 168 234 191
533 720 962 1,069
Total Assets 937 1,122 1,496 1,591

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
112 71 -5
-82 -48 -46
-31 -22 53
Net Cash Flow -1 -0 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
Debtor Days 135 107 124
Inventory Days 222 226 283
Days Payable 153 115 119
Cash Conversion Cycle 204 217 288
Working Capital Days 159 139 180
ROCE % 22% 20%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
73.17% 73.17% 73.17% 73.17% 73.17% 73.17% 73.17% 73.17% 73.17% 73.17% 73.17% 73.17%
0.24% 0.19% 0.97% 2.70% 3.06% 3.29% 2.93% 1.85% 1.40% 1.23% 1.08% 1.10%
0.93% 0.78% 0.78% 0.63% 0.59% 0.44% 0.65% 0.58% 0.68% 1.18% 1.61% 1.97%
25.66% 25.86% 25.08% 23.50% 23.19% 23.10% 23.25% 24.40% 24.76% 24.41% 24.15% 23.75%
No. of Shareholders 36,78235,38534,82233,34233,29231,68730,88930,90430,48228,11129,08229,916

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Concalls