Monte Carlo Fashions Ltd. · NSE:MONTECARLO
Monte Carlo Fashions — Q4 FY2023 Earnings Presentation
27 slides from Monte Carlo Fashions's earnings presentation, May 30, 2023
Slide 1: Q4FY23 Investor Presentation Cover Letter
MONTE CARLO2S It's the way you make me feel ere 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 : 91-161-5048650 MCFL/CS/2023-24 May 30, 2023 Na
Slide 2: Earnings Presentation Q4-FY23
Earnings Presentation Q4-FY23 | https://www.montecarlo.in/ 1
Slide 3: Snapshot
Snapshot 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 fabrics and Home Textiles Stron
Slide 4: Company Overview
Company Overview Standalone Revenue (INR Mn), EBITDA Margin (%) & PAT (INR • Monte Carlo Fashions Limited was incorporated in 2008 and is led by the visionary leader Mn) 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 well
Slide 5: Product Segments
Product Segments Cotton Woollen Home Textile Kids 56% 24% 12% 8% • Shirts, T-shirts, trousers, • Sweaters, pullovers, • Mink blankets, bedsheets • Sweaters, cardigans, T- tracksuits, jackets, sweat- thermals, coats, blazers, and quilts shirts, shirts, sweat-shirts shirts, shorts, track pants cardiga
Slide 6: Strong Distribution Network
Strong Distribution Network EBO NCS (859) E-commerce (356) MBO SIS (2498) (327) FOFO COCO (286) (70) Channel FY23 FY22 Y-o-Y Online Platforms National Chain Stores EBO-COCO 70 55 27.3% EBO-FOFO 286 260 10.0% MBO and 2,498 2,108 18.5% distributors NCS 859 740 16.1% Company’s own Online Platforms SIS
Slide 7: Pan India EBO Network
Pan India EBO Network Expanding EBO network 400 356 350 Ladakh 1 315 J&K 5 298 300 278 Himachal Pradesh 256 Punjab 46 14 Chandigarh 4 250 Uttarakhand 8 Haryana 34 Delhi 25 200 FY19 FY20 FY21 FY22 FY23 Uttar Pradesh 50 Rajasthan 39 Assam 3 Nagalan Bihar 41 d1 Jharkhand 13 Tripura 1 Gujarat 11 Madhya
Slide 8: Brand Visibility
Brand Visibility Clothing Partner for various blockbuster Bollywood Movies Strategic tie ups with THEATRES, AIRLINES & DIGITAL Earnings Presentation Q4-FY23 | https://www.montecarlo.in/ 7
Slide 9: Future Growth Strategies
Future Growth Strategies 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 India by increa
Slide 10: Q4-FY23 & FY23 Operational
MONTE CARLO 2X Q4-FY23 & FY23 OPERATIONAL
Slide 11: Financial Highlights
Financial Highlights Q4-FY23 Consolidated Financial Highlights Q4-FY23 Standalone Financial Highlights Revenue EBITDA* EBITDA Margin Revenue EBITDA* EBITDA Margin INR 2,367 Mn INR 323 Mn 13.65% INR 2,367 Mn INR 325 Mn 13.73% +45.7% YoY +43.6% YoY (20) Bps YoY +45.7% YoY +43.8% YoY (18) Bps YoY PAT P
Slide 12: Q4-FY23 Operational Highlights
Q4-FY23 Operational Highlights Q4-FY23 Segmental Sales • Revenue growth is primarily attributed to strong sales in summer categories of T-Shirts, Denim and Trousers and Jackets Cotton • Higher number of EBO’s and MBO’s selling the company’s products have also 72.3% contributed to sales growth Kids 7
Slide 13: Standalone Financial Performance
Standalone Financial Performance Revenue (INR Mn) EBITDA* (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margin (%) 2,367 325 1,625 200 QUARTERLY 226 129 8.45% 13.91% 13.73% 7.94% Q4-FY22 Q4-FY23 Q4-FY22 Q4-FY23 Q4-FY22 Q4-FY23 Revenue (INR Mn) EBITDA* (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PA
Slide 14: Segmental Revenues
Segmental Revenues Cotton (INR Mn) Woollen (INR Mn) Home Textile (INR Mn) Kids (INR Mn) 1,816 394 186 115 QUARTERLY 1,257 101 125 211 Q4-FY22 Q4-FY23 Q4-FY22 Q4-FY23 Q4-FY22 Q4-FY23 Q4-FY22 Q4-FY23 6,558 5,052 2,866 2,216 1,436 870 ANNUAL 1,271 700 FY22 FY23 FY22 FY23 FY22 FY23 FY22 FY23 Earnings Pr
Slide 15: Quarterly and Annual Revenue Breakup
Quarterly and Annual Revenue Breakup Revenue by Region Revenue by Channel Q4-FY22 - INR 1,694 Mn Q4-FY23 – INR 2,511 Mn Q4-FY22 – INR 1,694 Mn Q4-FY23 – INR 2,511 Mn East, Online East, Central, EBO - COCO,… 24.2% including 21.9% EBO - COCO, 6.9% EBO - FOFO, EBO - FOFO, Overseas… 16.8% 28.9% Online 2
Slide 16: Q4-FY23 Marketing Highlights
Q4-FY23 Marketing Highlights Earnings Presentation Q4-FY23 | https://www.montecarlo.in/ 15
Slide 17: Q4-FY23 New Store Launches
Q4-FY23 New Store Launches Earnings Presentation Q4-FY23 | https://www.montecarlo.in/ 16
Slide 18: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance Particulars (INR Mn) Q4-FY23 Q4-FY22 Y-O-Y Revenue from Operations 2,367 1,625 45.7% Operating Expenses 2,042 1,399 46.0% EBITDA 325 226 43.8% EBITDA Margin (%) 13.73% 13.91% (18) Bps Other Income 77 80 (3.8)% Depreciation 131 100 31.0% Finance Cost 54 42 2
Slide 19: Annual Standalone Income Statement
Annual standalone Income Statement Particulars (INR Mn) FY23 FY22 Y-o-Y Operational Revenue 11,177 9,043 23.6% Operating Expenses 8,998 7,239 24.3% EBITDA 2,179 1,804 20.8% EBITDA Margins (%) 19.50% 19.95% (45) Bps Other Income 208 252 (17.5%) Depreciation 418 373 12.1% Finance Cost 245 157 56.1% PB
Slide 20: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q4-FY23 Q4-FY22 Y-O-Y Revenue from Operations 2,367 1,625 45.7% Operating Expenses 2,044 1,400 46.0% EBITDA 323 225 43.6% EBITDA Margin (%) 13.65% 13.85% (20) bps Other Income 77 80 (3.8)% Depreciation 131 100 31.0% Finance Cost 54 42
Slide 21: Annual Consolidated Income Statement
Annual Consolidated Income Statement Particulars (INR Mn) FY23 FY22 Y-o-Y Operational Revenue 11,177 9,043 23.6% Operating Expenses 9,000 7,240 24.3% EBITDA 2,177 1,803 20.7% EBITDA Margins (%) 19.48% 19.94% (46) Bps Other Income 208 252 (17.5)% Depreciation 418 373 12.1% Finance Cost 245 157 56.1%
Slide 22: Financial
MONTE CARLO 2X FINANCIAL
Slide 23: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR MN) FY21 FY22 FY23 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 342 252 208 Finance Cost 135 373 418 Other Income 202 157 245 PBT 880 1,526 1
Slide 24: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Particulars (INR MN) FY21 FY22 FY23 Particulars (INR Mn) FY21 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 5,834 6,666 7
Slide 25: Standalone Financial Performance
Standalone Financial Performance Revenues (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margins (%) 11,177 2,179 1,327 9,043 1,804 1,140 7,256 6,564 6,220 1,244 1,155 663 983 20.0% 19.5% 596 627 12.61% 11.87% 18.6% 17.1% 10.70% 15.0% 8.64% 9.08% FY19 FY20 FY21 FY22 FY23 FY19 FY20 F
Slide 26: Capital Market Information
Capital Market Information 80% 1 Year Share Performance as on 31st March 2023 60% 40% 20% 0% -20% Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Monte Carlo Returns Sensex Price Data (As on 31st March, 2023) Share Holding Pattern (31st March 2023) Domestic Instit
Slide 27: Disclaimer
Disclaimer 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 in all events
Monte Carlo Fashions — Q4 FY2023 Earnings Presentation on 6ix