Monte Carlo Fashions Ltd
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.
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Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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) | 40 | 26 | 17 | 14 | 17 | 9 | 8 | 12 | 16 | 17 | 9 | 4 | 7 | 0 | 0 |
| Cash & Bank Balance (INR Cr) | 8 | 15 | 48 | 41 | 13 | 35 | 18 | 26 | 71 | 118 | 82 | 107 | 1 | 0 | 0 |
| Total Debt (INR Cr) | 382 | 331 | 156 | 118 | 117 | 48 | 56 | 65 | 98 | 129 | 118 | 89 | 64 | 0 | 0 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0.48 | 0.43 | 0.23 | 0.20 | 0.21 | 0.10 | 0.11 | 0.13 | 0.22 | 0.31 | 0.31 | 0.27 | 0.43 | - | - |
| 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% |