Monte Carlo Fashions Ltd. · NSE:MONTECARLO
Monte Carlo Fashions — H1 FY2024 Earnings Presentation
30 slides from Monte Carlo Fashions's earnings presentation, Nov 7, 2023
Slide 1: Q2 & H1 FY24 Investor Presentation filing letter
MONTE CARLO 4X GSTN : 03AAFCM7888Q1ZK PAN - AAFCM7888Q It's the way you make me feel TAN - JLDM04272¢ 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 : 91-161-5
Slide 2: Earnings Presentation Q2/H1-FY24
MONTE CARLO aX EARNINGS Dragan Q2/H1-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 61% 19% 14% 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 (663) E-commerce (377) MBO SIS (1,774) (369) FOFO COCO (280) (97) Channel H1-FY24 H1-FY23 Y-o-Y Online Platforms National Chain Stores EBO-COCO 97 65 49.2% EBO-FOFO 280 271 3.3% MBO and 1,774 1,927 (7.9)% distributors NCS 663 687 (3.5)% Company’s own Online Platfo
Slide 7: Pan India EBO Network
Pan India EBO Network Expanding EBO network 400 377 356 350 Ladakh 1 315 J&K 6 298 300 278 Himachal Pradesh 256 Punjab 48 14 Chandigarh 4 250 Uttarakhand 8 Haryana 34 Delhi 29 Arunachal Pradesh 1 200 FY19 FY20 FY21 FY22 FY23 H1-FY24 Uttar Pradesh 51 Rajasthan 41 Assam 4 Nagaland Bihar 41 1 Jharkhand
Slide 8: Brand Visibility
Brand Visibility Clothing Partner for various blockbuster Bollywood Movies Strategic tie ups with THEATRES, AIRLINES & DIGITAL Earnings Presentation Q2/H1-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 Q2/H1-FY24 OPERATIONAL
Slide 11: Financial Highlights
Financial Highlights Q2-FY24 Consolidated Financial Highlights Q2-FY24 Standalone Financial Highlights Revenue EBITDA* EBITDA Margin Revenue EBITDA* EBITDA Margin INR 2,124 Mn INR 341 Mn 16.04% INR 2,124 Mn INR 342 Mn 16.09% (14.6)% YoY (32.9)% YoY (438) Bps YoY (14.6)% YoY (32.7)% YoY (434) Bps YoY
Slide 12: Q2/H1-FY24 Operational Highlights
Q2/H1-FY24 Operational Highlights Q2-FY24 Segmental Sales • Opened 13 new EBO’S ( 9 COCO’S and 4 FOFO’S) Cotton • Company is venturing into premium , formal and other categories of leather 56.0% shoes on a trial basis, initially through 40 Exclusive Brand Outlets dispersed Kids 6.8% geographically H
Slide 13: Standalone Financial Performance
Standalone Financial Performance Revenue (INR Mn) EBITDA* (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margin (%) 2,486 508 303 QUARTERLY 342 20.43% 2,124 134 12.19% 16.09% 6.29% Q2-FY23 Q2-FY24 Q2-FY23 Q2-FY24 Q2-FY23 Q2-FY24 Revenue (INR Mn) EBITDA* (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & P
Slide 14: Segmental Revenues
Segmental Revenues Cotton (INR Mn) Woollen (INR Mn) Home Textile (INR Mn) Kids (INR Mn) 1,702 809 800 278 QUARTERLY 418 206 331 1,658 Q2-FY23 Q2-FY24 Q2-FY23 Q2-FY24 Q2-FY23 Q2-FY24 Q2-FY23 Q2-FY24 2,853 825 682 2,760 400 YTD 876 881 277 H1-FY23 H1-FY24 H1-FY23 H1-FY24 H1-FY23 H1-FY24 H1-FY23 H1-FY2
Slide 15: Segmental Volumes
Segmental Volumes Cotton (‘000) Woollen (‘000) Home Textile (‘000) Kids (‘000) 2,131 351 QUARTERLY 300 469 476 254 1,917 314 Q2-FY23 Q2-FY24 Q2-FY23 Q2-FY24 Q2-FY23 Q2-FY24 Q2-FY23 Q2-FY24 3,799 3,419 567 532 530 584 525 444 YTD H1-FY23 H1-FY24 H1-FY23 H1-FY24 H1-FY23 H1-FY24 H1-FY23 H1-FY24 Earning
Slide 16: Quarterly and Annual Revenue Breakup by Region
Quarterly and Annual Revenue Breakup Revenue by Region Q2-FY23 - INR 3,163 Mn Q2-FY24 – INR 3,040 Mn H1-FY23– INR 4,861 Mn H1-FY24 – INR 4,693 Mn East, East, Others including East, East, Central, 9.14% 22.63% 19.75% Online , 5.38% 18.04% Central, 7.17% Central, 9.23% 22.89% Online including Online i
Slide 17: Quarterly and Annual Revenue Breakup by Channel
Quarterly and Annual Revenue Breakup Revenue by Channel Q2-FY23 – INR 3,163 Mn Q2-FY24 – INR 3,040 Mn H1-FY23– INR 4,861 Mn H1-FY24 – INR 4,693 Mn EBO - COCO 4.80% EBO - COCO, 4.56% EBO - COCO, 6.35% EBO - COCO, 7.05% EBO - EBO - EBO - FOFO, Textile Dealers, Textile FOFO, FOFO, Textile 31.09% Textil
Slide 18: Q2-FY24 Marketing Highlights
Q2-FY24 Marketing Highlights Earnings Presentation Q2/H1-FY24 | https://www.montecarlo.in/ 17
Slide 19: Q2-FY24 New Store Launches
Q2-FY24 New Store Launches Earnings Presentation Q2/H1-FY24 | https://www.montecarlo.in/ 18
Slide 20: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance Particulars (INR Mn) Q2-FY24 Q2-FY23 Y-O-Y Revenue from Operations 2,124 2,486 (14.6) % Operating Expenses 1,783 1,978 (9.9) % EBITDA 342 508 (32.7) % EBITDA Margin (%) 16.09% 20.42% (434) Bps Other Income 60 40 50.1 % Depreciation 127 94 35.0 % Finance Cos
Slide 21: YTD Standalone Income Statement
YTD standalone Income Statement Particulars (INR Mn) H1-FY24 H1-FY23 Y-o-Y Operational Revenue 3,512 3,615 (2.8) % Operating Expenses 3,212 3,063 4.9% EBITDA 300 552 (45.7) % EBITDA Margins (%) 8.54% 15.26% (672) Bps Other Income 135 72 87.5 % Depreciation 242 186 30.1 % Finance Cost 169 93 81.7 % P
Slide 22: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q2-FY24 Q2-FY23 Y-O-Y Revenue from Operations 2,124 2,486 (14.6) % Operating Expenses 1,784 1978 (9.8) % EBITDA 341 508 (32.9) % EBITDA Margin (%) 16.04% 20.42% (438) Bps Other Income 60 40 50.0% Depreciation 127 94 35.1% Finance Cost
Slide 23: YTD Consolidated Income Statement
YTD Consolidated Income Statement Particulars (INR Mn) H1-FY24 H1-FY23 Y-o-Y Operational Revenue 3,512 3,615 (2.8) % Operating Expenses 3,213 3,063 4.9% EBITDA 299 552 (45.8) % EBITDA Margins (%) 8.51% 15.26% (675) Bps Other Income 135 72 87.5% Depreciation 242 186 30.1% Finance Cost 169 93 81.7% PB
Slide 24: Financial
MONTE CARLO 2X FINANCIAL § :
Slide 25: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR MN) FY21 FY22 FY23 H1-FY24 Revenue from operations 6,220 9,043 11,177 3,512 Expenses 5,065 7,239 8,998 3,212 EBITDA 1,155 1,804 2,179 300 EBITDA Margins (%) 18.57% 19.95% 19.50% 8.54% Depreciation 342 373 418 242 Finance Cost 135 157 245 169 Ot
Slide 26: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR MN) FY21 FY22 FY23 H1-FY24 Revenue from operations 6,220 9,043 11,177 3,512 Expenses 5,065 7,240 9,000 3,213 EBITDA 1,155 1,803 2,177 299 EBITDA Margins (%) 18.57% 19.94% 19.48% 8.51% Depreciation 342 373 418 242 Finance Cost 135 157 245 169
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 7,256 11.87% 6,220 1,244 1,155 663 20.0% 19.5% 627 12.61% 18.6% 17.1% 10.70% 8.54% 8.64% 3,512 0.51% 300 18 FY20 FY21 FY22 FY23 H1-FY24 FY20 FY21
Slide 29: Capital Market Information
Capital Market Information 30% 1 Year Share Performance as on 30th September 2023 20% 10% 0% -10% -20% -30% Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Monte Carlo Returns Sensex Price Data (As on 30th September, 2023) Share Holding Pattern (30th September 202
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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