Monte Carlo Fashions Ltd. · NSE:MONTECARLO
Monte Carlo Fashions — Q3 FY2024 Earnings Presentation
30 slides from Monte Carlo Fashions's earnings presentation, Feb 7, 2024
Slide 1: Q3FY24 Investor Presentation filing letter
MONTE CARLO aX GSTN : O3AAFCM7888Q1ZK PAN - AAFCM7888Q It’s the way you make me feel TAN - JLDM04272C ‘ CIN - L51494PB2008PLC032059 MONTE CARLO FASHIONS LIMITED Regd. Offioe | B-XXIX-106, G.T. Road, Sherpur, Ludhiana - 141003 (Pb.) India. Tel.: 91-161-5048610, 5048620, 5048630, 5048640 Fax : 91-161-
Slide 2: Earnings Presentation Q3/9M-FY24
MONTE CARLO aX EARNINGS Dragan Q3/9M-FY24
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 52% 30% 12% 6% • 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 (909) E-commerce (398) MBO SIS (1,904) (401) FOFO COCO (293) (105) Channel 9M-FY24 9M-FY23 Y-o-Y Online Platforms National Chain Stores EBO-COCO 105 69 52.2% EBO-FOFO 293 278 5.4% MBO and 1,904 2,364 -19.5% distributors NCS 909 788 15.4% Company’s own Online Platf
Slide 7: Pan India EBO Network
Pan India EBO Network Expanding EBO network 450 398 400 Ladakh 1 356 J&K 6 350 315 298 Himachal Pradesh 300 278 Punjab 49 14 256 Chandigarh 3 Uttarakhand 8 250 Haryana 34 Delhi 28 Sikkim 1 Arunachal Pradesh 1 200 FY19 FY20 FY21 FY22 FY23 9M-FY24 Uttar Pradesh 55 Rajasthan 49 Assam 4 Nagaland Bihar 4
Slide 8: Brand Visibility
Brand Visibility Clothing Partner for various blockbuster Bollywood Movies Strategic tie ups with THEATRES, AIRLINES & DIGITAL Earnings Presentation Q3/9M-FY24 | 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: Operational
MONTE CARLO 2X Q3/9M-FY24 OPERATIONAL
Slide 11: Financial Highlights
Financial Highlights Q3-FY24 Consolidated Financial Highlights Q3-FY24 Standalone Financial Highlights Revenue EBITDA* EBITDA Margin Revenue EBITDA* EBITDA Margin INR 5,042 Mn INR 1,218 Mn 24.16% INR 5,042 Mn INR 1,227 Mn 24.34% (2.9)% YoY (6.5)% YoY (90) Bps YoY (2.9)% YoY (5.8)% YoY (72) Bps YoY P
Slide 12: Q3/9M-FY24 Operational Highlights
Q3/9M-FY24 Operational Highlights • The company has opened 22 Company owned outlets (COCO’S) and 26 Franchisee owned Franchisee operated outlets (FOFO’S) in 9M- FY’24 • Brand Rock.it has achieved a turnover of Rs 17.95 crores in 9M-FY’24 against Rs 4.49 crores in 9M-FY-23 • The company has achieved
Slide 13: Standalone Financial Performance
Standalone Financial Performance Revenue (INR Mn) EBITDA* (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margin (%) 5,195 1,302 863 5,042 1227 QUARTERLY 782 16.61% 15.51% 25.06% 24.34% Q3-FY23 Q3-FY24 Q3-FY23 Q3-FY24 Q3-FY23 Q3-FY24 Revenue (INR Mn) EBITDA* (INR Mn) & EBITDA Margin (%) PAT (INR Mn)
Slide 14: Segmental Revenues
Segmental Revenues Cotton (INR Mn) Woollen (INR Mn) Home Textile (INR Mn) Kids (INR Mn) 3,125 2,428 2,874 2,117 546 QUARTERLY 576 605 441 Q3-FY23 Q3-FY24 Q3-FY23 Q3-FY24 Q3-FY23 Q3-FY24 Q3-FY23 Q3-FY24 5,885 1,401 1,287 946 3,309 5,727 2,993 718 YTD 9M-FY23 9M-FY24 9M-FY23 9M-FY24 9M-FY23 9M-FY24 9M
Slide 15: Segmental Volumes
Segmental Volumes Cotton (‘000) Woollen (‘000) Home Textile (‘000) Kids (‘000) 1,218 560 2,592 1,114 413 2,582 383 QUARTERLY 503 Q3-FY23 Q3-FY24 Q3-FY23 Q3-FY24 Q3-FY23 Q3-FY24 Q3-FY23 Q3-FY24 6,011 6,381 1,748 1,646 967 1,127 938 948 YTD 9M-FY23 9M-FY24 9M-FY23 9M-FY24 9M-FY23 9M-FY24 9M-FY23 9M-FY
Slide 16: Quarterly and Annual Revenue Breakup by Region
Quarterly and Annual Revenue Breakup Revenue by Region Q3-FY23 - INR 6,364 Mn Q3-FY24 – INR 6,356 Mn 9M-FY23– INR 11,225 Mn 9M-FY24 – INR 11,049 Mn East, East, East, Others including 21.13% Central, 11.61% 23.89% Central, East, Central, 24.85% Online , 6.21% 8.60% 20.54% 10.60% Central, Online inclu
Slide 17: Quarterly and Annual Revenue Breakup by Channel
Quarterly and Annual Revenue Breakup Revenue by Channel Q3-FY23 – INR 6,364 Mn Q3-FY24 – INR 6,356 Mn 9M-FY23– INR 11,225 Mn 9M-FY24 – INR 11,049 Mn EBO - COCO, EBO - COCO EBO - COCO, 6.09% 7.61% 5.53% EBO - COCO, 7.37% Textile Dealers, Textile 8.81% EBO - FOFO, EBO - Textile Dealers, EBO - FOFO, De
Slide 18: Q3-FY24 Marketing Highlights
Q3-FY24 Marketing Highlights Earnings Presentation Q3/9M-FY24 | https://www.montecarlo.in/ 17
Slide 19: Q3-FY24 New Store Launches
Q3-FY24 New Store Launches Earnings Presentation Q3/9M-FY24 | https://www.montecarlo.in/ 18
Slide 20: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance Particulars (INR Mn) Q3-FY24 Q3-FY23 Y-O-Y Revenue from Operations 5,042 5,195 (2.9) % Operating Expenses 3,815 3,893 (2.0) % EBITDA 1,227 1,302 (5.8) % EBITDA Margin (%) 24.34% 25.06% (72) Bps Other Income 57 59 (3.4) % Depreciation 139 101 37.6 % Finance
Slide 21: YTD Standalone Income Statement
YTD Standalone Income Statement Particulars (INR Mn) 9M-FY24 9M-FY23 Y-o-Y Operational Revenue 8,554 8,810 (2.9) % Operating Expenses 7,026 6,957 1.0 % EBITDA 1,528 1,853 (17.5) % EBITDA Margins (%) 17.86% 21.03% (317) Bps Other Income 191 131 45.8 % Depreciation 381 286 33.2 % Finance Cost 278 191
Slide 22: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q3-FY24 Q3-FY23 Y-O-Y Revenue from Operations 5,042 5,195 (2.9) % Operating Expenses 3,824 3,893 (1.8) % EBITDA 1,218 1,302 (6.5) % EBITDA Margin (%) 24.16% 25.06% (90) Bps Other Income 57 59 (3.4) % Depreciation 139 101 37.6 % Financ
Slide 23: YTD Consolidated Income Statement
YTD Consolidated Income Statement Particulars (INR Mn) 9M-FY24 9M-FY23 Y-o-Y Operational Revenue 8,554 8,810 (2.9) % Operating Expenses 7,036 6,957 1.1 % EBITDA 1,518 1,853 (18.1) % EBITDA Margins (%) 17.75% 21.03% (328) Bps Other Income 191 131 45.8 % Depreciation 381 286 33.2 % Finance Cost 278 19
Slide 24: Financial
MONTE CARLO 2X FINANCIAL § :
Slide 25: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR MN) FY21 FY22 FY23 9M-FY24 Revenue from operations 6,220 9,043 11,177 8,554 Expenses 5,065 7,239 8,998 7,026 EBITDA 1,155 1,804 2,179 1,528 EBITDA Margins (%) 18.57% 19.95% 19.50% 17.86% Depreciation 342 373 418 381 Finance Cost 135 157 245 278
Slide 26: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR MN) FY21 FY22 FY23 9M-FY24 Revenue from operations 6,220 9,043 11,177 8,554 Expenses 5,065 7,240 9,000 7,036 EBITDA 1,155 1,803 2,177 1,518 EBITDA Margins (%) 18.57% 19.94% 19.48% 17.75% Depreciation 342 373 418 381 Finance Cost 135 157 245 2
Slide 27: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Particulars (INR MN) FY22 FY23 H1- FY24 Particulars (INR Mn) FY22 FY23 H1-FY24 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 1,531 1,554 1,763 Share Capital 207 207 207 Right – of – use Assets 784 1,181 1,414 Other Equity 6,66
Slide 28: 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 8,554 7,256 1,528 11.87% 6,220 1,244 17.86% 800 1,155 663 20.0% 19.5% 627 12.61% 18.6% 9.35% 17.1% 10.70% 8.64% FY20 FY21 FY22 FY23 9M-FY24 FY20
Slide 29: Capital Market Information
Capital Market Information 30% 1 Year Share Performance as on 31st December2023 20% 10% 0% -10% -20% -30% Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Monte Carlo Returns Sensex Price Data (As on 31st December, 2023) Share Holding Pattern (31st December 2023) D
Slide 30: 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
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