Monte Carlo Fashions Ltd. · NSE:MONTECARLO
Monte Carlo Fashions — Q1 FY22 Earnings Presentation
28 slides from Monte Carlo Fashions's earnings presentation, Aug 5, 2021
Slide 1: Q1FY22 Investor Presentation filing cover letter
MONTE CARLfeelO 4X — GSTN : O3AAFCM7888012K It’s the way-you make me ~ van eee Se CIN - L51494PB2008PLC032059 Regd. Office : B-XXIX-106, G.T. Road, Sherpur, Ludhiana - 141003 (Pb.) India. ~S Tei.: 91-161-5048610, 5048620, 5048630, 5048640 Fax : 91-161-5048650 “~~ ——- — — — — —. —_ ~~ NY \ N August 5
Slide 2: Q1FY22 results conference call invitation
EMKAY GLOBAL FINANCIAL SERVICES LTD. is pleased to invite you for a conference call to discuss the Q1FY22 results with Mr. Dinesh Gogna – Director Mr. Sandeep Jain – Executive Director Mr. Rishabh Oswal – Executive Director Monte Carlo Fashions Ltd. On Friday, August 6, 2021 at 11:00 AM (IST) Pre-re
Slide 3: Monte Carlo Fashions Limited Q1 FY22 Investor Presentation
MONTE CARLO FASHIONS LIMITED Q1 FY22 INVESTOR PRESENTATION
Slide 4: Discussion Summary
It’s the way you make me feel DISCUSSION SUMMARY # Page No 01 Financial Highlights 03 02 Company Overview 10 03 Investment Rationale 15 04 Annexure 23
Slide 5: Financial Highlights
MONTE CARLO 2X. les the way you make me feel O01 FINANCIAL HIGHLIGHTS
Slide 6: Q1 FY22: Financial Highlights
Q1 FY22: FINANCIAL HIGHLIGHTS In Rs Mn REVENUES EBIDTA* PAT & CASH PAT Q1 FY22 417 -22 -56 112 -86 -102 -135 -143 Q1FY21 Q1FY22 Q4 FY21 Q1FY21 Q1FY22 Q1FY21 Q1FY22 PAT Cash PAT *EBITDA excludes other income 4
Slide 7: Q1 FY22: Revenue Details
Q1 FY22: REVENUE DETAILS REVENUE BREAKUP– REGION WISE REVENUE BREAKUP – CHANNEL WISE (Including Online Sales) Q1 FY21: Rs 83.95 Mn Q1 FY22: Rs 451.00 Mn Q1 FY21: Rs 83.95 Mn Q1 FY22: Rs 451.00 Mn 3% 7% -5% -1% 11% 9% 11% 0% 9% 11% 43% 66% 63% 26% 26% 58% 57% 37% 13% -38% -16% 5% 4% 1% North South Ea
Slide 8: Q1 FY22: Revenue Analysis
Q1 FY22: REVENUE ANALYSIS REVENUE BREAKUP - SEGMENT WISE In Rs Mn Q1 FY21 Q1 FY22 FY20 FY21 Total Revenues* 83.9 451.0 Rs. 7,235 Rs. 6,126 Cotton Segment 86.3% 90.3% 59.1% 51.4% Woollen Segment -36.8% -18.0% 22.3% 27.7% Home Textiles 53.8% 25.6% 11.7% 14.3% Kids -3.3% 2.1% 6.9% 6.6% * Revenue from c
Slide 9: Diversified Portfolio
DIVERSIFIED PORTFOLIO SEGMENT COMPOSITION COTTON SEGMENT BIFURCATION - Q1FY22 7.6% 9.1% 11.7% 3% 14.3% 5.1% 5.3% 6.9% 6.6% 20% 61.0% 60.1% -3% 59.1% 51.4% 17% 63% 26.3% 25.5% 22.3% 27.7% 2018 2019 2020 2021 Tshirt & Shirt Denim & Trousers Jackets , coats & Suits Other Garments Cloak & Decker Woollen
Slide 10: Q1FY22: Profit and Loss Statement
Q1FY22: PROFIT AND LOSS STATEMENT Particulars (In Rs Mn) Q1 FY22 Q1 FY21 FY21 FY20 Revenue From Operations 417 112 6,220 7,256 Material Cost 64 7 3,310 3,831 Gross Margin 353 105 2,910 3,425 Gross Margin % 84.6% 93.7% 46.8% 47.2% Personnel Expenses 168 85 599 696 Advertisement Expenses 25 4 110 301
Slide 11: Financial Performance
FINANCIAL PERFORMANCE In Rs Mn CONSISTENT REVENUES EBITDA & EBITDA MARGIN 7,256 6,564 6,220 19.7% 18.6% 5,760 17.1% 5,231 14.8% 15.0% 1,132 1,244 1,156 983 776 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 EBITDA (mn) EBITDA Margin % PAT & PAT MARGIN LEVERAGE & RETURN RATIOS 11.8% 10.7% 8.4% 9.1
Slide 12: Company Overview
02 COMPANY OVERVIEW MONTE CARLO 2X. It’s the way you make me feel 10
Slide 13: Monte Carlo: India's First Organised Lifestyle Apparel Brand
MONTE CARLO: INDIA’s FIRST ORGANISED LIFESTYLE APPAREL BRAND Strong Pedigree Manufacturing Plants Leading Winter wear Brand, launched in 1984 2 Manufacturing Plant located in Ludhiana promoted by Sh. Jawahar Lal Oswal ,CMD, Oswal woollen Mills Ltd and Nahar Group Super Brand Diversified Product Port
Slide 14: Diversified Product Portfolio
DIVERSIFIED PRODUCT PORTFOLIO Range Home Kids Woollen Cotton Furnishing Sweaters, Pullovers MinkMink Monte Carlo thermals, Shirts, Shirts, trousers,trousers, blankets, blankets,bed bed Mid Premium / woollen accessories t-shirts, track-suits t-shirts, andand track-suits sheets sheets and - Premium (c
Slide 15: What Is Our Business Model
WHAT IS OUR BUSINESS MODEL May Aug January Feb -March April Till July Onwards BUSINESS CYCLE FOR WINTER SEASON SALES • Product development • Commissioned agents display the • The dealers and • Production of pre- • Dispatching of winter & Sampling process samples to dealers and distributors distribut
Slide 16: Distribution Model
DISTRIBUTION MODEL MBO and NCS Shop In Shop EBO-COCO EBO –FOFO Distributors MINIMUM GOODS RETURNED Distribution Pre-Booking of SOR – Sale or Pre-Booking of Pre-Booking of Inventory owned Sale Model orders Outright Return / orders Outright orders Outright by Company Sales Outright Sales Sales sale Go
Slide 17: Investment Rationale
03 Investment Rationale i tas MONTE CARLO 2X. les the way you make me feel 15
Slide 18: Investment Rationale
INVESTMENT RATIONALE Strong brand Equity commanding good credit terms with suppliers Consistent rewards Extensive to Shareholders in distribution network form of dividend or with presence across buy back India Investment Rationale Continuous Strong financial technology and no major upgradation as ca
Slide 19: Strong Brand Equity
STRONG BRAND EQUITY … ❖ “Monte Carlo”, has Strong Brand Equity ❖ Being a Premium Brand, Monte Carlo enjoys Pricing Power & Customer Loyalty ❖ Regular Investment in Brand Building & Marketing Initiatives ASPIRE TO SERVICE END TO END WARDROBE REQUIREMENTS OF INDIAN CONSUMERS BY FURTHER INTRODUCING EXC
Slide 20: Pan India Presence
… HAVING PAN INDIA PRESENCE … DISTRIBUTION NETWORK J&K 5 Ladakh STORE NETWORK 1 Type of Store FY20 FY21 Q1 FY22 HP 11 Punjab 42 EBO – COCO 37 42 45 Chandigarh 3 Uttarakhand 8 Haryana 29 EBO – FOFO 241 256 251 Delhi 21 MBO and Distributors 2,500+ 1,777* 1,265* UP 40 NCS 566 622 224 Rajasthan 29 Assam
Slide 21: Regular Technology Upgradation
… & REGULAR TECHNOLOGY UPGRADATION Whole Garment Machine Cotton Woollen • 30 professionals closely tracking the trending global fashion • To meet the standards of technology upgradation and modernisation, Company has installed the automatic whole-garment state-of-art manufacturing facility, at the e
Slide 22: Led by Experienced Management
LED BY EXPERIENCED MANAGEMENT … Sh. Jawaharlal Oswal Sh. Sandeep Jain Sh. Rishabh Oswal Sh. Dinesh Gogna (Chairman & MD) (Executive Director) (Executive Director) (Director) • Sh. Jawahar Lal has More • Sh. Sandeep Jain has is has more • Rishabh Oswal is part of • Sh. Dinesh Gogna has more than 50 y
Slide 23: Resulting in Strong Financials
… RESULTING IN STRONG FINANCIALS HEALTHY ❖ Ability to sustain Robust growth without any RETURN RATIOS major capex; Return Ratios set to improve STRONG BALANCE ❖ Cash balance of Rs 1,976 Mn (includes cash and bank balance along with current and non-current SHEET POSITION investments) as of June 2021
Slide 24: Consistent Reward to Shareholders
CONSISTENT REWARD TO SHAREHOLDERS Dividend% Buy Back 150 120 Buyback 100 100 50 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 Company has done buy back of Rs. 550 Mn in FY19 to reward shareholders. Promoters have not participated in the buy back Strong Track Record and Proven Expertise to Generate Healt
Slide 25: Annexure
04 ANNEXURE M ONTE CARLO a 's the way you make me fee! 23
Slide 26: Branding Initiatives
BRANDING INITIATIVES Proven track record in building brands in India Clothing Partner for reality Shows like Big boss, Khatron ke Khiladi Clothing partner for the blockbuster Bollywood films Saaho, Barfi, Mary Kom, Bhaag Milkha Bhaag, and Student of the Year TIE-UPS WITH ONLINE PLATFORMS STRATEGIC T
Slide 27: CSR Activities
CSR ACTIVITIES WE BELIEVE IN “FULFILLING ASPIRATIONS AND TRANSFORMING LIVES “ The organization has worked towards the betterment of various schools & institution at Education Dhandari Kalan Government Primary school , Govt School (Magra Lulu),Brailee Bhawan Ludhiana by providing them operational & F
Slide 28: Thank You
THANK YOU Mr. Dinesh Gogna Director Ms. Pushpa Mani Senior Consultant Mr. Sandeep Jain Executive Director Mr. Vikash Verma Director Mr. Rishabh Oswal Executive Director Email: monte.carlo@dickensonworld.com Email: investor@montecarlocorporate.com Disclaimer: This presentation and the following discu