Textiles & Apparels
Valuation | |
|---|---|
| Market Cap | 1.19 kCr |
| Price/Earnings (Trailing) | 12.36 |
| Price/Sales (Trailing) | 0.96 |
| EV/EBITDA | 6.84 |
| Price/Free Cashflow | 41.77 |
| MarketCap/EBT | 8.99 |
| Enterprise Value | 1.7 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 1.24 kCr |
| Rev. Growth (Yr) | 11.2% |
| Earnings (TTM) | 96.69 Cr |
| Earnings Growth (Yr) | 12.1% |
Profitability | |
|---|---|
| Operating Margin | 11% |
| EBT Margin | 11% |
| Return on Equity | 11.59% |
| Return on Assets | 4.95% |
| Free Cashflow Yield | 2.39% |
Growth & Returns | |
|---|---|
| Price Change 1W | -1.3% |
| Price Change 1M | 4.2% |
| Price Change 6M | -1.6% |
| Price Change 1Y | -9.4% |
| 3Y Cumulative Return | -1.9% |
| 5Y Cumulative Return | 19.8% |
| 7Y Cumulative Return | 7.1% |
| 10Y Cumulative Return | 3.8% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -28.54 Cr |
| Cash Flow from Operations (TTM) | 72.81 Cr |
| Cash Flow from Financing (TTM) | -44.77 Cr |
| Cash & Equivalents | 3.76 Cr |
| Free Cash Flow (TTM) | 34.75 Cr |
| Free Cash Flow/Share (TTM) | 16.76 |
Balance Sheet | |
|---|---|
| Total Assets | 1.95 kCr |
| Total Liabilities | 1.12 kCr |
| Shareholder Equity | 834 Cr |
| Current Assets | 1.39 kCr |
| Current Liabilities | 861.83 Cr |
| Net PPE | 175.17 Cr |
| Inventory | 646.92 Cr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.26 |
| Debt/Equity | 0.61 |
| Interest Coverage | 1.62 |
| Interest/Cashflow Ops | 2.47 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 20 |
| Dividend Yield | 3.47% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Profitability: Recent profitability of 8% is a good sign.
Smart Money: Smart money has been increasing their position in the stock.
Dividend: Dividend paying stock. Dividend yield of 3.47%.
Technicals: SharesGuru indicator is Bearish.
Past Returns: Underperforming stock! In past three years, the stock has provided -1.9% return compared to 12.8% by NIFTY 50.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Profitability: Recent profitability of 8% is a good sign.
Smart Money: Smart money has been increasing their position in the stock.
Dividend: Dividend paying stock. Dividend yield of 3.47%.
Technicals: SharesGuru indicator is Bearish.
Past Returns: Underperforming stock! In past three years, the stock has provided -1.9% return compared to 12.8% by NIFTY 50.
Investor Care | |
|---|---|
| Dividend Yield | 3.47% |
| Dividend/Share (TTM) | 20 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 46.64 |
Financial Health | |
|---|---|
| Current Ratio | 1.61 |
| Debt/Equity | 0.61 |
Technical Indicators | |
|---|---|
| RSI (14d) | 51.29 |
| RSI (5d) | 35.92 |
| RSI (21d) | 55.9 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Summary of Monte Carlo Fashions's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Monte Carlo Fashions management provided a positive outlook during the Q3 FY26 earnings conference call, emphasizing a robust financial performance and an optimistic growth trajectory.
For Q3 FY26, the company reported revenues of INR 608 crores, reflecting an 11% year-on-year growth. The EBITDA for the quarter was INR 166 crores, with an EBITDA margin of 27.24%, a rise of 7% year-on-year. The net profit also grew by 11% to INR 107 crores. For the first nine months, revenue from operations reached INR 996 crores, an increase of 11%, with an EBITDA of INR 201 crores, and a profit after tax of INR 107 crores, up 17%.
Management highlighted that they are committed to opening 40-45 exclusive brand outlets (EBOs) across India, with a focus on western and southern regions. In Q3 FY26, they added five EBOs under the Cloak & Decker brand, aiming for a total of 25-30 by year-end. Furthermore, they are enhancing customer convenience by partnering with quick commerce platforms for express deliveries.
In terms of growth projections, management remains confident of achieving a revenue growth of 10% to 15% for FY26, with a potential to end the year at the upper end of this guidance. They also anticipate a growth of 15% to 20% for the next financial year. The expectation is supported by strong sales trends, particularly in their footwear segment, which doubled compared to the previous year.
Management also mentioned the company's strategic move into the solar sector, expecting an internal rate of return (IRR) of around 18% from their solar project. They expect to maintain healthy margins with an increase projected in EBITDA by 100 to 200 basis points compared to the previous year.
Overall, management conveyed a strong outlook with plans for consistent expansion and improved operational efficiencies, which collectively support their revenue and margin growth aspirations.
Understand Monte Carlo Fashions ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Nagdevi Trading & Investment Co. Ltd. | 24.15% |
| Girnar Investment Ltd | 16.03% |
| Parshav Investment And Trading Company Limited | 16.03% |
| Nahar Capital And Financial Services Ltd | 7.96% |
| Monica Oswal | 2.49% |
| Ruchika Oswal | 2.49% |
| Vanaik Investors Ltd. | 1.97% |
Detailed comparison of Monte Carlo Fashions against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| PAGEIND | Page Industries | 36.52 kCr | 5.16 kCr | -1.10% | -20.90% | 48.75 | 7.08 | - | - |
| ABFRL | Aditya Birla Fashion and Retail | 8.53 kCr | 8.19 kCr |
Comprehensive comparison against sector averages
MONTECARLO metrics compared to Textiles
| Category | MONTECARLO | Textiles |
|---|---|---|
| PE | 12.36 | 36.35 |
| PS | 0.96 | 1.87 |
| Growth | 9.8 % | 10.9 % |
Monte Carlo Fashions Limited engages in the manufacture and trade of wool and cotton, cotton blended, knitted, and woven apparels in India and internationally. The company provides shirts, T-shirts, denims, trousers, bermudas, lowers, tops, dresses, jumpsuits, urban tunics, shrugs, shorts, capris, narrow pants, leggings, and track suits. It also offers mufflers, coats, jackets, mink blankets, bedsheets, towels, ties, belts, socks, and footwear. In addition, the company provides sportswear, tunics, and shorts. Further, it offers home furnishings. Monte Carlo Fashions Limited offers its products under the Luxuria, Denim, Alpha, Tweens, Clock & Decker, Monte Carlo Home and Rock brands. The company sells its products through exclusive brand outlets, multi brand outlets and distributors, national chain stores, and shop-in-shop stores, as well as through e-commerce portals. Monte Carlo Fashions Limited was incorporated in 2008 and is based in Ludhiana, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
MONTECARLO vs Textiles (2021 - 2026)
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Here are the major questions asked in the Q&A section of the earnings transcript along with the detailed responses provided by the management:
Diwakar Rana: "How much expense have you booked in the view of this labour law change?" Sandeep Jain: "We booked around INR 30 lakhs towards gratuity due to the labour law change. The increase in employee benefits that exceeded INR 7 crores is not related to labour costs; it was primarily due to annual increments and increases in salaries."
Jigar Nathwani: "What concrete steps are you taking to reduce inventory days and improve the return on equity over the next 12 to 18 months?" Sandeep Jain: "The increase in inventory is linked to higher sales as we anticipate strong future sales. We aim to reduce debtor days by 5% to 10% in the coming financial year, while the inventory days will modestly decrease as sales improve."
Jigar Nathwani: "Can you share expected capex, tariff structure, and funding mix for the solar project?" Rishabh Oswal: "The capex for the solar project is estimated at INR 3 to 3.2 crores per megawatt. The IRR is anticipated around 18%, with funding being 70% debt and 30% equity. The PPA will be finalized soon."
Madhur Rathi: "Why are we entering solar EPC when we are an apparel manufacturer?" Rishabh Oswal: "This is purely a financial investment; we're not venturing into solar EPC. The 18% IRR reflects the minimum potential return given rising costs for raw materials like metals."
Subrata: "What kind of margin compression do you anticipate in Q4 because of inventory returns?" Sandeep Jain: "While we can't quantify specific numbers now, a better sell-through this year leads to expected lower returns compared to previous years, which should improve margins."
Madhur Rathi: "What will be the cost of debt for the solar EPC project?" Rishabh Oswal: "The cost of debt will be competitive, around 7% to 7.5%."
Diwakar Rana: "What amount of debt are we taking for the solar power plant?" Rishabh Oswal: "We are looking at a 70-30 debt-equity ratio on a project cost of approximately INR 120 to 150 crores. The consolidated debt for the solar business next year could amount to around INR 100 crores."
Sheetal Shah: "Why was net profit growth lower than volume growth in this quarter?" Sandeep Jain: "The early start of the End of Season Sale (EOSS) impacted our margins, but we maintained sales without significant reduction in margins."
Each of these responses captures key figures and guidance provided by the management, staying within the character limit requested.
| Carnelian Structural Shift Fund | 1.33% |
| Vijaykumar Mangturam Khemani | 1.3% |
| Jawahar Lal Oswal | 0.51% |
| Abhilash Oswal | 0.49% |
| Oswal Woolen Mills Ltd. | 0.36% |
| Atam Vallabh Financiers Ltd. | 0.32% |
| Vardhman Investments Ltd. | 0.24% |
| Abhinav Oswal | 0.05% |
| Rishabh Oswal | 0.05% |
| Vanaik Spinning Mills Limited | 0% |
| Manisha Oswal | 0% |
| Ritu Oswal | 0% |
| Sambhav Oswal | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| +7.90% |
| -72.70% |
| -13.15 |
| 1.04 |
| - |
| - |
| KKCL | Kewal Kiran Clothing | 3.19 kCr | 1.2 kCr | +12.60% | -0.40% | 22.9 | 2.65 | - | - |
| LUXIND | LUX Industries | 2.81 kCr | 2.9 kCr | +5.90% | -32.60% | 25.98 | 0.97 | - | - |
| ZODIACLOTH | Zodiac Clothing Co. | 222.55 Cr | 176.41 Cr | +4.70% | -14.40% | -22.64 | 1.26 | - | - |
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
| 236 |
| 171 |
| 228 |
| 426 |
| 218 |
| Profit Before exceptional items and Tax | 571.4% | 142 | 22 | -21.57 | -9.33 | 129 | 11 |
| Total profit before tax | 571.4% | 142 | 22 | -21.57 | -9.33 | 129 | 11 |
| Current tax | 15138.1% | 65 | 1.42 | 0.11 | -14.44 | 48 | 0.1 |
| Deferred tax | -1085.2% | -29.54 | 4.1 | -5.46 | 15 | -14.19 | 2.77 |
| Total tax | 652.2% | 35 | 5.52 | -5.35 | 1.01 | 33 | 2.87 |
| Total profit (loss) for period | 606.7% | 107 | 16 | -16.22 | -10.34 | 95 | 8.04 |
| Other comp. income net of taxes | -10.6% | -0.25 | -0.13 | 0.03 | -0.47 | 0 | -0.04 |
| Total Comprehensive Income | 606.7% | 107 | 16 | -16.19 | -10.81 | 95 | 8 |
| Earnings Per Share, Basic | 639.9% | 51.61 | 7.84 | -7.82 | -4.99 | 46.05 | 3.88 |
| Earnings Per Share, Diluted | 639.9% | 51.61 | 7.84 | -7.82 | -4.99 | 46.05 | 3.88 |
| 15.2% |
| 122 |
| 106 |
| 97 |
| 81 |
| 60 |
| 70 |
| Finance costs | 30.6% | 48 | 37 | 24 | 16 | 14 | 17 |
| Depreciation and Amortization | 18% | 60 | 51 | 42 | 37 | 34 | 33 |
| Other expenses | 7.9% | 219 | 203 | 210 | 175 | 116 | 148 |
| Total Expenses | 1.5% | 1,023 | 1,008 | 966 | 777 | 554 | 652 |
| Profit Before exceptional items and Tax | 37% | 112 | 82 | 172 | 153 | 88 | 86 |
| Total profit before tax | 37% | 112 | 82 | 172 | 153 | 88 | 86 |
| Current tax | 39.1% | 33 | 24 | 48 | 42 | 24 | 23 |
| Deferred tax | 64.7% | -0.46 | -3.14 | -8.71 | -3.9 | -2.21 | -0.54 |
| Total tax | 60% | 33 | 21 | 40 | 39 | 22 | 23 |
| Total profit (loss) for period | 31.7% | 80 | 61 | 133 | 114 | 66 | 63 |
| Other comp. income net of taxes | -38.7% | -0.47 | -0.06 | -1.89 | 0.33 | 2.99 | -0.76 |
| Total Comprehensive Income | 30% | 79 | 61 | 131 | 114 | 69 | 62 |
| Earnings Per Share, Basic | 31.9% | 38.49 | 29.43 | 64.03 | 55 | 31.98 | 30.24 |
| Earnings Per Share, Diluted | 31.9% | 38.49 | 29.43 | 64.03 | 55 | 31.98 | 30.24 |
| - |
| - |
| 0.3 |
| 0.55 |
| 0.08 |
| 1.83 |
| 19 |
| Non-current investments | -3.3% | 118 | 122 | 114 | 120 | 73 | 72 |
| Total non-current financial assets | -2.9% | 133 | 137 | 157 | 161 | 111 | 109 |
| Total non-current assets | 2.3% | 580 | 567 | 588 | 534 | 484 | 435 |
| Total assets | 13.8% | 1,960 | 1,722 | 1,784 | 1,517 | 1,591 | 1,497 |
| Borrowings, non-current | - | 0 | 0 | 0 | 0 | 1.05 | 2.7 |
| Total non-current financial liabilities | 5.9% | 235 | 222 | 199 | 167 | 167 | 145 |
| Provisions, non-current | 124.3% | 1.83 | 1.37 | 1.67 | 1.22 | 1.29 | 0.89 |
| Total non-current liabilities | 4% | 258 | 248 | 220 | 197 | 197 | 176 |
| Borrowings, current | 74.7% | 513 | 294 | 469 | 217 | 352 | 199 |
| Total current financial liabilities | 50.2% | 722 | 481 | 688 | 410 | 585 | 430 |
| Provisions, current | 190% | 30 | 11 | 19 | 9.57 | 12 | 10 |
| Current tax liabilities | - | - | 0 | 0 | - | 3.37 | 10 |
| Total current liabilities | 35.8% | 869 | 640 | 815 | 524 | 657 | 544 |
| Total liabilities | 26.8% | 1,126 | 888 | 1,034 | 721 | 854 | 720 |
| Equity share capital | 0% | 21 | 21 | 21 | 21 | 21 | 21 |
| Total equity | 0% | 834 | 834 | 750 | 796 | 737 | 777 |
| Total equity and liabilities | 13.8% | 1,960 | 1,722 | 1,784 | 1,517 | 1,591 | 1,497 |
| -15.9% |
| 70 |
| 83 |
| -5.12 |
| 83 |
| - |
| - |
| Cashflows used in obtaining control of subsidiaries | -116.7% | 0 | 7 | 8.5 | 0 | - | - |
| Proceeds from sales of PPE | -1360% | 0.27 | 0.95 | 0.33 | 0.42 | - | - |
| Purchase of property, plant and equipment | 32.1% | 38 | 29 | 46 | 25 | - | - |
| Proceeds from sales of investment property | -24% | 39 | 51 | 9.49 | 0 | - | - |
| Purchase of investment property | - | 49 | 0 | 0 | 0 | - | - |
| Interest received | 23.1% | 17 | 14 | 9.65 | 5.18 | - | - |
| Other inflows (outflows) of cash | -107% | -0.54 | 23 | 41 | -28.91 | - | - |
| Net Cashflows From Investing Activities | -2108.5% | -31.94 | 2.64 | -47.52 | -48.39 | - | - |
| Proceeds from borrowings | 358.8% | 79 | 18 | 139 | 12 | - | - |
| Repayments of borrowings | -66% | 2.7 | 6 | 5.63 | 16 | - | - |
| Payments of lease liabilities | - | 43 | 0 | 0 | 17 | - | - |
| Dividends paid | 0% | 41 | 41 | 41 | 31 | - | - |
| Interest paid | 30.4% | 31 | 24 | 14 | 0 | - | - |
| Other inflows (outflows) of cash | - | 0 | 0 | 0 | 30 | - | - |
| Net Cashflows from Financing Activities | 54.6% | -38.12 | -85.22 | 53 | -22.39 | - | - |
| Net change in cash and cash eq. | 36.5% | 0.34 | -0.04 | 0.28 | 12 | - | - |
| Cash equivalents beginning of period | - | - | 0.6 | 0.6 | 12 | - | - |