Monte Carlo Fashions Ltd. · NSE:MONTECARLO
Monte Carlo Fashions — Investor Presentation (September 2023)
31 slides from Monte Carlo Fashions's investor presentation, Sep 7, 2023
Slide 1: Exchange filing cover letter: Investor Presentation
MONTE CARLO.4% it's the way you make me feel aorses TAN - JLDM04272C CIN - L51494PB82008PLC032059 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/ 2023-24 September
Slide 2: Investor Presentation Q4-FY23, August 2023
August 2023 Investor Presentation Q4-FY23 | https://www.montecarlo.in/ 1
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: Investor Presentation Q4-FY23 | https://www.montecarlo.in/
Investor Presentation Q4-FY23 | https://www.montecarlo.in/ 3
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 business and is the promoter of well
Slide 6: Key Milestones
Key Milestones • Forayed into Kids wears • Demerger From its under Brand ‘Tweens’ Parent Company • Started Men’s wear • Started Rock.it • Crossed the • Commenced Summer • Incorporated as • Started Kids category Brand Platine brand revenue mark of wear products Monte Carlo Fashions Ltd. • Started Clo
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 400 366 356 350 Ladakh 1 315 J&K 6 298 300 278 Himachal Pradesh 256 Punjab 47 14 Chandigarh 4 250 Uttarakhand 8 Haryana 34 Delhi 28 Arunachal Pradesh 1 200 FY19 FY20 FY21 FY22 FY23 Q1 FY24 Uttar Pradesh 50 Rajasthan 40 Assam 4 Nagaland Bihar 41 1 Jharkhand
Slide 10: Strong Distribution Network
Strong Distribution Network FY23 Revenue By Channel EBO - COCO, 8.8% EBO NCS EBO - FOFO, (859) E-commerce (356) 31.1% Textile Dealers, 11.6% National MBO SIS Chain Store MBO, 31.1% (NCS), 7.9% (2498) (327) Online including FOFO COCO Overseas, 5.3% (286) (70) Corporate/ CSD/ Govt., 4.1% Channel FY23
Slide 11: Store Unit Economics At A Glance
Store Unit Economics At A Glance 322(as on 31-03-2023) 18%-20% Rs. 35 Lacs Outlets in North + East + Central Gross Margin Range Average Capex Per Store Rs. 1.0 Cr <6 Months 2 Years Average Working Capital Per Average Store Level Break even Payback Period Store Rs. 20 Lacs Rs. 14,000 Rs. 1,900 Produc
Slide 12: Brand Visibility
Brand Visibility Clothing Partner for various blockbuster Bollywood Movies Strategic tie ups with THEATRES, AIRLINES & DIGITAL Investor Presentation Q4-FY23 | https://www.montecarlo.in/ 11
Slide 13: Business
BUSINESS Investor Presentation Q4-FY23 | https://www.montecarlo.in/ 12
Slide 14: Product Segments
Product Segments Cotton Woollen Home Textile Kids 70% 5% 21% 4% • 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
Cotton • Products in the cotton segment include T-shirt, Shirts, Denims, Trousers, FY23 Cotton Segment Bifurcation Suits, and other garments, apart from that we also produce jackets and Rock it 1.3% Clock & Decker coats. 9.3% • Under the cotton segment we also sell accessories such as stoles, caps,
Slide 17: Woollen
Woollen • The Company is engaged in manufacturing of designer woollen Revenue (In INR Mn) readymade apparels and trading of readymade apparels under its brand “MONTE CARLO” 2,866 • MONTE CARLO has also been recognized as a “SUPERBRAND” 2,216 1,699 • Marino wool, superior quality of wool used for man
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 Revenue from Accessories (In INR Mn) • 3 Year CAGR is 28.73% 192 161 104 27 FY21 FY22 FY23 Q1 FY24 Investor Presentation Q4-FY23 | https://www.montecarlo.i
Slide 21: Investor Presentation Q4-FY23 | https://www.montecarlo.in/
Investor Presentation Q4-FY23 | 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: Investor Presentation Q4-FY23 | https://www.montecarlo.in/
Investor Presentation Q4-FY23 | https://www.montecarlo.in/ 23
Slide 25: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR MN) FY21 FY22 FY23 Q1-FY24 Revenue from operations 6,220 9,043 11,177 1,388 Expenses 5,065 7,239 8,998 1,429 EBITDA 1,155 1,804 2,179 (41) EBITDA Margins (%) 18.57% 19.95% 19.50% (2.95)% Depreciation 342 373 418 115 Finance Cost 135 157 245 74
Slide 26: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Particulars (INR MN) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 1,493 1,531 1,554 Share Capital 207 207 207 Right – of – use Assets 752 784 1,181 Other Equity 5,834 6,666 7
Slide 27: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR MN) FY22 FY23 Q1-FY 24 Revenue from operations 9,043 11,177 1,388 Expenses 7,240 9,000 1,429 EBITDA 1,803 2,177 (41) EBITDA Margins (%) 19.94% 19.48% (2.95)% Depreciation 373 418 115 Finance Cost 157 245 74 Other Income 252 208 75 PBT 1,525 1
Slide 28: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR MN) FY22 FY23 Particulars (INR Mn) FY22 FY23 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 1,531 1,554 Share Capital 207 207 Right – of – use Assets 784 1,181 Other Equity 6,666 7,557 Capital Work in progres
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 9,043 1,804 1,140 11.87% 6,220 1,155 663 12.61% 20.0% 19.5% 18.6% 10.70% 1,388 -8.36% -41 FY21 FY22 FY23 Q1 FY24 FY21 FY22 FY23 Q1 FY24 FY21 FY22 FY23 Q1 FY24 -2.9
Slide 30: Capital Market Information
Capital Market Information 30% 1 Year Share Performance as on 30th June 2023 20% 10% 0% -10% -20% -30% Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Monte Carlo Returns Sensex Price Data (As on 30th June, 2023) Share Holding Pattern (30th June 2023) Domestic Ins
Slide 31: 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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