Monte Carlo Fashions Ltd. · NSE:MONTECARLO
Monte Carlo Fashions — Investor Presentation (June 2023)
31 slides from Monte Carlo Fashions's investor presentation, Jun 29, 2023
Slide 1: Cover letter to stock exchanges: Investor Presentation
MONTE CARLO 4X. GSTN : O3AAFCM7888Q1ZK PAN - AAFCM7888Q It's the way you make me feel TAN - JLDM04272C CIN - L51494PB2008PLC032059 MONTE CARLO FASHIONS LIMITED Regd. Office : B-XXIX-106, G.T. Road, Sherpur, Ludhiana - 141003 (Pb.) India. Tel.: 91-161-5048610, 5048620, 5048630, 5048640 Fax : 91-161-5
Slide 2: Investor Presentation June 2023
MONTE CARLO ax INVESTOR Pasa JUNE 2023
Slide 3: Snapshot
Snapshot MUUL NSN RUN & y ieS BAX wp Leading winterwear brand India’s first organized Diversified Product Portfolio Highly experienced and Super Brand for Woollen lifestyle apparel brand across Men, Women & Management Team in textile knitted apparel Kids with Woollen, Cotton and apparel business fab
Slide 4: Company
MONTE CARLO ZX COMPANY |
Slide 5: Company Overview
Company Overview MUUL NSN RUN Standalone Revenue & PAT (INR Mn), EBITDA Margin (%) Monte Carlo Fashions Limited was incorporated in 2008 and is led by the visionary leader 11,177 Mr. J. L. Oswal who has more than 50 years of experience in the textiles and apparels business and is the promoter of wel
Slide 6: Key Milestones
Key Milestones PE Za * Forayed into Kids wears under Brand * Company got Listed ‘Tweens’ on stock exchange Selling under Brand Demerger From its Parent ¢ Started Men’s wear * Company cloaked Monte Carlo Company Brand Platine revenue of 500cr Started production of Incorporated as ¢ Investment by Star
Slide 7: Key Management Personnel
Key Management Personnel MUUL NSN RUN Shri Jawahar Lal Oswal (Chairman & MD) Sh. Dinesh Gogna ¢ Sh. Jawahar Lal has More than 51 years of (Director) experience in the textile and Woollen industry Sh. Dinesh Gogna has more than 36 years of experience in the field of Corporate Finance ¢ Awarded the ‘U
Slide 8: Business Cycle
Business Cycle MUUL NSN RUN Forecasting trends A) and design i) <olnealiays Development of Production of pre- product samples ordered designs Dispatch of Samples sets sent to products to EBOs Commissioned and MBOs Agents (CA) iene da): * CA’s display samples to orders from EBOS CAs procure dealers a
Slide 9: Geographical Reach
Geographical Reach 4 MONTE CARLO : Expanding EBO network oo Ure“ey 356 us Company HQ and Plants: | _Puniab 46 “Eas Ludhiana, Punjab hb. ' 298 278 256 ree ee iialitie FY19 FY20 FY21 FY22 FY23 erate) See Weighted Avg. Gross Revenue Per Store (INR Mn) FY23 Revenue By Region 13.2 10.5 10.2 Central, 7.8
Slide 10: Strong Distribution Network
Strong Distribution Network Ra FY23 Revenue By Channel EBO - COCO, 8.8% 1510 One) web tile Dealers, 11.6% National MBO Chain Store Vv Vv MBO, 31.1% (NCS), 7.9% FOFO coco (2498) Online including O 5.3% (286) (70) Corporate/ Csb/ Govt., 4.1% eo enhy FY23 FY22 va Online Platforms National Chain Stores
Slide 11: Store Unit Economics At A Glance
Store Unit Economics At A Glance MONTE CARLO 4X cy le 8) CY Rs. 35 Lacs 32 2 tes on 31-03-2023) 18%-20% Average Capex Per Store Outlets in North + East + Central Gross Margin Range ® Rs. 1.0 Cr <6 Months 2 Years Avg Working Capital Per Store Average Store Level Break even Payback Period Rs. 20 Lacs
Slide 12: Brand Visibility
Brand Visibility Clothing Partner for various blockbuster Bollywood Movies Strategic tie ups with THEATRES, AIRLINES & DIGITAL pret ‘\ rus | PVE . - Cinépolis INOX LIVE THE MOVIE % y A. cana, «= SF SERS Hirsi 4 \ | | Ais. Ssre-n : FLY SMART ‘i (i SEEKS CRUREESE sommsay Victaoe BS ai q oe t ‘rer diGo
Slide 13: Business
MONTE CARLO AX A DS BUSINESS YOUN
Slide 14: Product Segments
Product Segments MUUL NSN RUN Woollen Home Textile 56% yy why Shirts, T-shirts, trousers, Sweaters, pullovers, ¢ Mink blankets, bedsheets tracksuits, jackets, sweat- thermals, coats, blazers, and quilts shirts, shorts, track pants cardigans and woollen and denims accessories Investor Presentation Q4
Slide 15: Brands
Brands VO ae ae RO j 7 Monte Carlo Mid Premium/ ee ea Shirts, Trousers, T-Shirts, Track- Mink Blankets, Bed Sheet and Woollen Accessories (Caps ; Premium Mufflers, Shawls, Stoles) ’ k Suits and Jackets Quilts Duxurta Luxuria — Mid Premium / Cash Wool Sweaters, Blazers, Cotton Shirts, Trousers and T-
Slide 16: Cotton
Cotton MONTE CARLO AX ¢ Products in the cotton segment include T-shirt, Shirts, Denims, Trousers, FY23 Cotton Segment Bifurcation Suits, and other garments, apart from that we also produce jackets and clock & Decker Rock it 1.3% coats. 9.3% e Under the cotton segment we also sell accessories such as
Slide 17: Woollen
Woollen VOW amr Ra ¢ The Company is engaged in manufacturing of designer woollen readymade apparels and trading of readymade apparels under its brand Revenues (In INR Mn) “MONTE CARLO” 2,866 ¢ MONTE CARLO has also been recognized as a “SUPERBRAND” 2,216 ¢ Marino wool, superior quality of wool used f
Slide 18: Home Textiles
Home Textiles VU pe RIP ¢ To diversify the product range and reduce the seasonal nature of business, the company came up with the home textile business under its flagship Monte Carlo brand ¢ Under home textile the company sells products such as mink blankets, bed sheets and quilts ¢ The company is a
Slide 19: Kids Wear
Kids TOW IAN ¢ The company forayed into kids wear segment, from infants to teens (3-17yrs) with the introduction of the apparel range ‘Tweens’ in 2013 in order to widen the product basket e Existing range of apparels include T-shirts, shirts, sweatshirts, jackets, dresses, tracksuits ¢ The company i
Slide 20: Accessories
Accessories VO WE RIO ¢ The company also manufactures certain accessories like Socks, Mufflers, Caps etc. e Price for accessories ranges between INR 570 -3500 Revenues (In INR Mn) e 3 Year CAGR of 28.73% 192 161 104 PEI 90 75 .arr yNs eaa Saad ee FY19 FY20 FY21 FY22 FY23 Investor Presentation Q4-FY2
Slide 21: Industry and Strategy
MONTE CARLO AX INDUSTRY AND STRATEGI
Slide 22: Industry Overview
MUUL NSN RUN INDUSTRY OVERVIEW The Indian retail market size at USD 1 Tn, is Asia’s third-largest and the world’s fourth-largest after the US, China and Indian Apparel Market Size (USD bn) Japan. The same is estimated to reach USD2 Tn by 2030, driven by socio-demographic and economic factors such as
Slide 23: Future Growth Strategies
Future Growth Strategies MONTE CARLO a Penetrate New Markets Diversify revenue mix Expand Customer Base Explore new pockets through deeper To further diversify the product basket Enhance customer base in western penetration in the existing markets which includes summer wear, blankets, and southern I
Slide 24: Financials
MONTE CARLO 2X FINANCIAL YOUN»
Slide 25: Historical Standalone Income Statement
Historical Standalone Income Statement MUUL NSN RUN Tae Ul TeM MAMAN) Om Revenue from operations 6,220 9,043 11,177 Expenses 5,065 7,239 8,998 EBITDA 1,155 1,804 2,179 EBITDA Margins (%) 18.57% 19.95% 19.50% Depreciation 342 373 418 Finance Cost 135 157 Other Income 202 252 PBT 880 1,526 Tax 217 386
Slide 26: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet MUUL NSN RUN Particulars (INR MN) eat arr FY23 Particulars (INR Mn) a Pas FY22 FY23 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 1,493 1,531 1,554 Share Capital 207 207 207 Right — of — use Assets 752 784 1,181 Other Equity 5
Slide 27: Historical Consolidated Income Statement
Historical Consolidated Income Statement MONTE CARLO 4X Tae Ul TeM MAMAN) ees Revenue from operations 9,043 11,177 Expenses 7,240 9,000 EBITDA 1,803 2,177 EBITDA Margins (9%) 19.94% 19.48% Depreciation 373 418 Finance Cost 157 245 Other Income 252 208 PBT 1,525 1,722 Tax 386 397 Profit after Tax 1,1
Slide 28: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet MUUL NSN RUN Particulars (INR MN) in O72 FY23 Particulars (INR Mn) FY22 FY23 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 1,531 1,554 Share Capital 207 207 Right — of — use Assets 784 1,181 Other Equity 6,666 7,957 Capital
Slide 29: Standalone Financial Performance
Standalone Financial Performance MUUL NSN RUN Revenues (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margins (%) 11,177 2,179 1,327 9,043 7,256 6,564 ; 6,220 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 Net Debt/ Equity (x) ROE (%) AND ROCE (%) Working
Slide 30: Capital Market Information
Capital Market Information MUUL NSN RUN 80% 1 Year Share Performance as on 315t March 2023 60% 40% 20% -20% Apr-22 May-22 Jun-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 e===Monte Carlo Returns m—7Z- 5ensex Price Data (As on 31%t March, 2023) Share Holding Pattern (315* March 2023) Do
Slide 31: Disclaimer
Disclaimer VU WASee TRIP Monte Carlo Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are
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