Monte Carlo Fashions Ltd

Monte Carlo Fashions Ltd

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OVERVIEW
FINANCIALS

About

Monte Carlo Fashions was launched in 1984 under the clothing and fashion industry, with expertise in woollens and hosiery. After its demerger with Oswal Woollen Mills in 2011-12, Vanaik Spinning Mills was selected to look after Monte Carlo’s business as its franchisee. Today, the company offers all kinds of clothes, from shirts, trousers, denim, and dresses to tracksuits, shrugs, bermudas, leggings, and jumpsuits. Additionally, Monte Carlo has a market share of over 50% in the branded woollen wear segment. Its products are available through more than 200 exclusive outlets, 1300 multi-brand outlets, and 60 large format stores. Under the leadership of Jawahar Lal Oswal, the company generated a consolidated revenue of ₹1,06,191 lakhs in FY 24.

Incorporation Year: 2008
Headquarters: Ludhiana
Top Management: Jawahar Lal Oswal
Industry: Textiles & Garments

Featured In Fortune India Ranking

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#476(2024)#403(2023)#439(2022)#366(2021)#474(2020)#444(2019)#445(2016)
#476(2024)#403(2023)#439(2022)#366(2021)#474(2020)#444(2019)#445(2016)
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Financial Data 2024

Revenue
1,203
(INR Cr)
Net Operating Income
1,197
(INR Cr)
Assets
1,245
(INR Cr)
Profit
60
(INR Cr)
Net Worth
795
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS202420232022202120202019201820172016201520142013201220112010
Revenue
(INR Cr)
1203
-7.5%
1300
28.8%
1009
60.4%
629
-17.5%
762
10.6%
689
17.7%
586
-0.4%
588
-11.6%
666
2.8%
648
20.4%
538
28.1%
420
0.3%
419
-
0
-
0
-
Net Operating Income
(INR Cr)
1197
7.12%
1118
23.60%
904
45.38%
622
0.00%
726
10.55%
656
13.96%
576
-0.43%
578
-6.93%
622
6.69%
583
15.80%
503
24.39%
404
8.67%
372
0.00%
0
0.00%
0
0.00%
Profit
(INR Cr)
60
-54.8%
133
16.3%
114
71.9%
66
5.8%
63
5.2%
60
-12.2%
68
53.8%
44
-25.1%
59
-1.4%
60
9.9%
54
9.9%
49
1.3%
49
-
0
-
0
-
Assets
(INR Cr)
1245
6.4%
1170
34.7%
869
17.1%
742
8.8%
682
24.0%
550
-5.8%
584
1.7%
574
3.0%
557
0.8%
553
9.0%
507
20.5%
421
90.9%
221
-
0
0.0%
0
-
Net Worth
(INR Cr)
795
2.4%
776
13.0%
687
13.8%
604
0.0%
545
12.7%
484
-5.4%
511
3.1%
496
11.2%
446
7.9%
413
8.8%
380
17.1%
325
116.2%
150
-
0
0.0%
0
0.0%
Employee Cost
(INR Cr)
106
9.9%
97
19.0%
81
35.6%
60
-14.0%
70
17.0%
59
12.1%
53
7.8%
49
6.2%
46
10.7%
42
54.9%
27
43.0%
19
37.6%
14
-
0
-
0
-
Interest Cost
(INR Cr)
40261714179812161794700
Cash & Bank Balance
(INR Cr)
8154841133518267111882107100
Total Debt
(INR Cr)
38233115611811748566598129118896400

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS202420232022202120202019201820172016201520142013201220112010
Profit As % Of Revenues 5.0%10.2%11.3%10.5%8.2%8.7%11.6%7.5%8.9%9.2%10.1%11.8%11.7%--
Profit As % Of Assets 4.8%11.3%13.1%8.9%9.2%10.8%11.6%7.7%10.6%10.8%10.7%11.8%22.2%--
Profit As % Of Networth 7.5%17.1%16.6%11.0%11.5%12.3%13.3%8.9%13.2%14.5%14.3%15.2%32.5%--
Interest Cost to EBITDA % 27.7%12.0%9.6%11.7%13.7%9.1%6.8%15.2%13.3%13.9%10.1%5.2%8.0%--
Debt to Equity Ratio 0.480.430.230.200.210.100.110.130.220.310.310.270.43--
RONW 7.6%18.1%17.7%11.0%12.2%11.8%13.3%9.4%13.7%15.1%15.4%20.8%64.6%--
ROCE 10.0%19.5%21.1%13.7%16.7%17.0%18.8%13.5%19.2%20.5%19.8%23.7%71.3%0.0%0.0%