Monte Carlo Fashions Ltd. · NSE:MONTECARLO
Monte Carlo Fashions — Investor Presentation (July 2024)
31 slides from Monte Carlo Fashions's investor presentation, Jul 2, 2024
Slide 1: Investor Presentation filing letter
MONTE CARLO aX PANTAN -AAFCMT@88Q. - JLDM04272C It's the way-you take me feel _ 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/2024-
Slide 2: Investor Presentation June 2024
MONTE CARLO AX INVESTOR | Dome Ih June 2024 rin
Slide 3: Snapshot
Snapshot Leading winterwear brand India’s first organized Diversified Product Portfolio Highly experienced and Super Brand for Woolen lifestyle apparel brand across Men, Women & Management Team in textile knitted apparel Kids with Woolen, Cotton and apparel business fabrics and Home Textiles Strong
Slide 4: Investor
INVESTOR
Slide 5: 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 10,619 business and is the promoter o
Slide 6: Key Milestones
Key Milestones • Forayed into Kids wears under Brand ‘Tweens’ • Incorporated • Demerger From its • Started Men’s wear • Commenced as Monte Parent Company Brand Platine • started Rock.it • Crossed the Summer wear Carlo Fashions • started Kids category • Started Cloak & brand revenue mark of products
Slide 7: Key Management Personnel
Key Management Personnel 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 ‘Udyog Ratna
Slide 8: Business Cycle
Business Cycle 1 Forecasting trends 2 8 and design sketching Development of Production of pre- product samples ordered designs Dispatch of Samples sets sent to products to EBOs Commissioned 3 7 and MBOs Agents (CA) Pre- booking of • CA’s display samples to orders from EBOS CAs procure dealers and di
Slide 9: Pan India EBO Network
Pan India EBO Network Expanding EBO network 450 411 400 La dakh 1 356 J &K 6 350 315 298 Hi machal Pradesh 300 278 Punjab 50 14 256 Cha ndigarh 3 U ttarakhand 8 250 Ha ryana 35 Del hi 28 Si kkim 1 A runachal Pradesh 1 200 FY19 FY20 FY21 FY22 FY23 FY24 U ttar Pradesh 55 Ra jasthan 54 A s sam 4 Nagala
Slide 10: Strong Distribution Network
Strong Distribution Network EBO NCS (902) E-commerce (411) MBO SIS (2,116) (422) FOFO COCO (299) (112) Channel FY24 FY23 Y-o-Y Online Platforms National Chain Stores EBO-COCO 112 76 47.4% EBO-FOFO 299 280 6.8% MBO and 2,116 2,498 (15.3)% distributors NCS 902 859 5.0% Company’s own Online Platforms S
Slide 11: Store Unit Economics At A Glance (EBOs)
Store Unit Economics At A Glance (EBOs) 411 (as on 31-03-2024) 18%-20% Rs. 35 Lacs 365 Outlets in North + East + Central, Gross Margin Range Average Capex Per Store 46 Outlets in West + South (for franchise) Rs. 1.0 Cr <6 Months Average Working Capital Per 2 Years Average Store Level Break Store Pay
Slide 12: Brand Visibility
Brand Visibility Clothing Partner for various blockbuster Bollywood Movies Strategic tie ups with THEATRES, AIRLINES & DIGITAL Investor Presentation June 2024| https://www.montecarlo.in/ 11
Slide 13: Business
BUSINESS Investor Presentation June 2024| https://www.montecarlo.in/ 12
Slide 14: Product Segments
Product Segments Cotton Woolen Home Textile Kids 55% 28% 10% 7% • 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 cardigan
Slide 15: Brands
Brands Range Woollen Cotton Home Textile Sweaters, Pullovers thermals, Monte Carlo Mid Premium/ Shirts, Trousers, T-Shirts, Mink Blankets, Bed Sheet and Woollen Accessories (Caps, Premium Track-Suits and Jackets Quilts Mufflers, Shawls, Stoles) Luxuria – Mid Premium / Cash Wool Sweaters, Blazers, Co
Slide 16: Cotton (Excluding Accessories)
Cotton (Excluding Accessories) • Products in the cotton segment include T-shirt, Shirts, Denims, Trousers, FY24 Cotton Segment Bifurcation Rock it 3.9% Suits, and other garments, apart from that we also produce jackets and coats Clock & Decker 8 .9% • The focus of this segment is on building a compr
Slide 17: Woolen
Woolen • The Company is engaged in manufacturing of designer woolen Revenue (Gross) (In INR Mn) readymade apparels and trading of readymade apparels under its brand “MONTE CARLO” 4,029 3,449 • MONTE CARLO has also been recognized as a “SUPERBRAND” 2,791 • Marino wool, superior quality of wool used f
Slide 18: Home Textiles
Home Textiles • 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 also coming
Slide 19: Kids
Kids • 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 • Existing range of apparels include T-shirts, shirts, sweatshirts, jackets, dresses, tracksuits • The company is expand
Slide 20: Accessories
Accessories • The company also manufactures certain accessories like Socks, Mufflers, Caps etc. • Price for accessories ranges between 570 -3500 Gross sales from Accessories (In INR Mn) • 3 Year CAGR is 28.73% 322 217 194 121 FY21 FY22 FY23 FY24 Investor Presentation June 2024| https://www.montecarl
Slide 21: Industry & Strategic
INDUSTRY & STRATEGIC Investor Presentation June 2024| https://www.montecarlo.in/ 20
Slide 22: Industry Overview
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 120 110 Ra
Slide 23: 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 24: Financial
MONTE CARLO AX FINANCIAL
Slide 25: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR MN) FY21 FY22 FY23 FY24 Revenue from operations 6,220 9,043 11,177 10,619 Expenses 5,065 7,239 8,998 9,190 EBITDA 1,155 1,804 2,179 1,429 EBITDA Margins (%) 18.57% 19.95% 19.50% 13.46% Depreciation 342 373 418 512 Finance Cost 135 157 245 375 O
Slide 26: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Particulars (INR MN) FY22 FY23 FY24 Particulars (INR Mn) FY22 FY23 FY24 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 1,531 1,554 1,747 Share Capital 207 207 207 Right – of – use Assets 784 1,181 1,470 Other Equity 6,666 7,560
Slide 27: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR MN) FY21 FY22 FY23 FY24 Revenue from operations 6,220 9,043 11,177 10,619 Expenses 5,065 7,240 9,000 9,200 EBITDA 1,155 1,803 2,177 1,419 EBITDA Margins (%) 18.57% 19.94% 19.48% 13.36% Depreciation 342 373 418 275 Finance Cost 135 157 245 512
Slide 28: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR MN) FY22 FY23 FY24 Particulars (INR Mn) FY22 FY23 FY24 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 1,531 1,554 1,786 Share Capital 207 207 207 Right – of – use Assets 784 1,181 1,470 Other Equity 6,666 7,5
Slide 29: 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 10,619 9,043 1,804 1,140 7,256 1,429 11.87% 6,220 1,244 1,155 663 20.0% 19.5% 13.46% 627 12.61% 610 17.1% 18.6% 10.70% 8.64% 5.74% FY20 FY21 FY22 FY23 FY24 FY20 FY
Slide 30: Capital Market Information
Capital Market Information 50% 1 Year Share Performance as on 31st March 2024 40% 30% 20% 10% 0% -10% Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Monte Carlo Returns Sensex Price Data (As on 31st March, 2024) Share Holding Pattern (31st March 2024) Face Value
Slide 31: Disclaimer
Disclaimer Mo nte 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 event
Monte Carlo Fashions — Investor Presentation (July 2024) on 6ix