Monte Carlo Fashions Ltd. · NSE:MONTECARLO
Monte Carlo Fashions — Q4 FY24 Earnings Presentation
30 slides from Monte Carlo Fashions's earnings presentation, May 28, 2024
Slide 1: ANKUR GAUBA
ANKUR Digitally signed by ANKUR GAUBA GAUBA Date: 2024.05.28 22:09:03 +05'30'
Slide 2: Earnings Q4-FY24/FY24
MONTE CARLO 2X EARNINGS Dusen Q4-FY24/FY24
Slide 3: Snapshot
Snapshot Leading winterwear India’s first organized Diversified Product Portfolio Highly experienced brand and Super Brand for lifestyle apparel brand across Men, Women & Management Team in textile Woolen knitted apparel Kids with Woolen, and apparel business Cotton fabrics and Home Textiles Strong
Slide 4: Company Overview
Company Overview Standalone Revenue (INR Mn), EBITDA Margin (%) & PAT • Monte Carlo Fashions Limited was incorporated in 2008 and is led by the visionary leader (INR 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 5: 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 6: 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 7: Pan India EBO Network
Pan India EBO Network Expanding EBO network 450 411 400 Ladakh 1 356 J&K 6 350 315 298 Himachal Pradesh 300 278 Punjab 50 14 Chandigarh 3 Uttarakhand 250 Haryana 35 8 Delhi 28 Sikkim 1 Arunachal Pradesh 1 200 FY20 FY21 FY22 FY23 FY24 Uttar Pradesh 55 Rajasthan 54 Assam 4 Nagalan Bihar 45 d1 Jharkhan
Slide 8: Brand Visibility
Brand Visibility Clothing Partner for various blockbuster Bollywood Movies Strategic tie ups with THEATRES, AIRLINES & DIGITAL Earnings Presentation 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 OPERATIONAL
Slide 11: Financial Highlights
Financial Highlights Q4-FY24 Consolidated Financial Highlights Q4-FY24 Standalone Financial Highlights Revenue EBITDA* EBITDA Margin Revenue EBITDA* EBITDA Margin INR 2,065 Mn INR (99) Mn (4.79)% INR 2,065 Mn INR (99) Mn (4.79)% PAT PAT Margin Diluted EPS PAT PAT Margin Diluted EPS INR (178) Mn (8.6
Slide 12: Q4-FY24 Operational Highlights
Q4-FY24 Operational Highlights Q4-FY24 Cotton Segment Bifurcation • Higher returns and discounts resulted in decline in Margins. Jackets , coats & Suits 11.7% Denim & Trousers • Company is aggressively committed to opening up 45-50 EBO pan India 13.1% including West & South. Other Garments 14.8% • O
Slide 13: Standalone Financial Performance
Standalone Financial Performance Revenue (INR Mn) EBITDA* (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margin (%) 325 8.45% 200 2,367 2,065 13.73% QUARTERLY -4.79% Q4-FY23 Q4-FY24 Q4-FY23 Q4-FY24 -9.20% -99 -190 Q4-FY23 Q4-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) 2,118 720 2,041 230 QUARTERLY 210 117 122 456 Q4-FY23 Q4-FY24 Q4-FY23 Q4-FY24 Q4-FY23 Q4-FY24 Q4-FY23 Q4-FY24 1,177 4,029 1,518 8,003 1,410 927 ANNUAL 7,769 3,449 FY23 FY24 FY23 FY24 FY23 FY24 Earnings Presentati
Slide 15: Segmental Volumes
Segmental Volumes Cotton (‘000) Woollen (‘000) Home Textile (‘000) Kids (‘000) 2,460 116 116 351 337 2,414 399 QUARTERLY 261 Q4-FY23 Q4-FY24 Q4-FY23 Q4-FY24 Q4-FY23 Q4-FY24 Q4-FY23 Q4-FY24 8,841 1,083 1,479 8,425 2,147 1,054 ANNUAL 1,908 1,284 FY23 FY24 FY23 FY24 FY23 FY24 FY23 FY24 Earnings Present
Slide 16: Quarterly and Annual Revenue Breakup by Region
Quarterly and Annual Revenue Breakup Revenue by Region Q4-FY23 - INR 2,922 Mn Q4-FY24 – INR 3,114 Mn FY23– INR 14,147 Mn FY24 – INR 14,163 Mn Central, 7.74% East, East, East, Others including 23.45% Central, Central, 9.97% 21.77% 15.82% Online including East, Online , 9.66% 8.24% 19.50% Onine, 12.74
Slide 17: Quarterly and Annual Revenue Breakup by Channel
Quarterly and Annual Revenue Breakup Revenue by Channel Q4-FY23 – INR 2,922 Mn Q4-FY24 – INR 3,114 Mn FY23– INR 14,147 Mn FY24 – INR 14,163 Mn EBO - COCO, EBO - COCO EBO - COCO, 19.53% National Chain 7.33% EBO - COCO, 10.05% EBO - FOFO, Store (NCS), 14.25% EBO - 29.08% 5.04% Textile Dealers, FOFO Te
Slide 18: Q4-FY24 Marketing Highlights
Q4-FY24 Marketing Highlights Earnings Presentation FY24 | https://www.montecarlo.in/ 17
Slide 19: Q4-FY24 New Store Launches
Q4-FY24 New Store Launches Earnings Presentation FY24 | https://www.montecarlo.in/ 18
Slide 20: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance Particulars (INR Mn) Q4-FY24 Q4-FY23 Y-O-Y Revenue from Operations 2,065 2,367 (12.8)% Operating Expenses 2,164 2,042 6.0% EBITDA (99) 325 NA EBITDA Margin (%) (4.79)% 13.73% NA Other Income 84 77 9.1% Depreciation 131 131 NA Finance Cost 97 54 79.6% PBT (2
Slide 21: Annual Standalone Income Statement
Annual Standalone Income Statement Particulars (INR Mn) FY24 FY23 Y-o-Y Operational Revenue 10,619 11,177 (5.0)% Operating Expenses 9,190 8,998 2.1% EBITDA 1,429 2,179 (34.4)% EBITDA Margins (%) 13.46% 19.50% (604) Bps Other Income 275 208 32.2% Depreciation 512 418 22.5% Finance Cost 375 245 53.1%
Slide 22: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q4-FY24 Q4-FY23 Y-O-Y Revenue from Operations 2,065 2,367 (12.8)% Operating Expenses 2,164 2,044 5.9% EBITDA (99) 323 NA EBITDA Margin (%) (4.79)% 13.65% NA Other Income 84 77 9.1% Depreciation 131 131 NA Finance Cost 97 54 79.6% PBT
Slide 23: Annual Consolidated Income Statement
Annual Consolidated Income Statement Particulars (INR Mn) FY24 FY23 Y-o-Y Operational Revenue 10,619 11,177 (5.0)% Operating Expenses 9,200 9,000 2.2% EBITDA 1,419 2,177 (34.8)% EBITDA Margins (%) 13.36% 19.48% (612) Bps Other Income 275 208 32.2% Depreciation 512 418 22.5% Finance Cost 375 245 53.1
Slide 24: Financial
MONTE CARLO 2X 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 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 342 373 418 512 Finance Cost 135 157 245 375
Slide 27: 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 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 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 29: 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 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