Monte Carlo Fashions Ltd Stock Analysis

BSE: 538836 | NSE: MONTECARLO | Textile | Small Cap

BSE Share Price Jan 24, 18:01
591.65 -57.20 (-8.82%)

DeciZen - Make an Informed Decision on Monte Carlo Fashions

Overall Rating

1. Quality

2. Valuation

Fair
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

FAQ's

1. Is Monte Carlo Fashions Ltd a good quality company?

Data is not available for this company.

2. Is Monte Carlo Fashions Ltd undervalued or overvalued?

The key valuation ratios of Monte Carlo Fashions Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Monte Carlo Fashions Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Monte Carlo Fashions Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Monte Carlo Fashions:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 51.6%15.3%13.3%13.7%12.7%9.2%12.8%11.6%13.3%12.3%-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 373402503583622578576656726622793
YoY Gr. Rt. %-7.9%25%15.8%6.7%-6.9%-0.4%14%10.6%-14.3%-
Adj EPS 27.521.124.927.226.419.630.927.63031.747.8
YoY Gr. Rt. %--23.2%17.8%9.1%-2.7%-26%57.6%-10.4%8.5%5.7%-
BVPS (₹) 82149.9174.9190.2205.3228.2235.3233.3263291.4288.8
Adj Net Profit 51.945.954.15957.542.56757.362.265.799
Cash Flow from Ops. -11.769.664.723.544.885.123.912636.6112-
Debt/CF from Ops. -5.51.31.85.52.20.82.30.410.3-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 5.9%0%2.6%-14.3%
Adj EPS 1.6%3.7%0.9%5.7%
BVPS 15.17.37.410.8
Share Price - 7.7% 16.6% 164.7%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 67.119.115.314.913.4913.311.512.111.416.5
Op. Profit Mgn % 23.116.618.521.119.213.419.71517.218.620.1
Net Profit Mgn % 13.911.410.810.19.27.411.68.78.610.612.5
Debt to Equity 0.40.30.30.30.20.10.10.10.10.10
Working Cap Days 95182205234266282253220224268347
Cash Conv. Cycle 6211596109134147139117113130161

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 16.50%

Sales growth is good in last 4 quarters at 103.74%

Sales growth has been subdued in last 3 years 2.60%

Net Profit has been subdued in last 3 years 0.92%

Latest Financials - Monte Carlo Fashions Ltd.

Standalone Consolidated
TTM EPS (₹) 47.8 -
TTM Sales (₹ Cr.) 793 -
BVPS (₹.) 288.8 -
Reserves (₹ Cr.) 578 -
P/BV 2.25 -
PE 13.57 -
From the Market
52 Week Low / High (₹) 208.70 / 728.65
All Time Low / High (₹) 128.00 / 728.65
Market Cap (₹ Cr.) 1,345
Equity (₹ Cr.) 20.7
Face Value (₹) 10
Industry PE 14.3

Management X-Ray of Monte Carlo Fashions :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Monte Carlo Fashions Ltd

The company was incorporated on July 1, 2008 in Ludhiana, Punjab, under the Companies Act, 1956, as amended (the “Companies Act 1956”) as a public limited company under the name ‘Monte Carlo Fashions Limited’ with the Registrar of Companies of Punjab, Chandigarh and Himachal Pradesh. Initially the ‘Monte Carlo’ brand was launched by OWML, which was engaged in spinning of woollen, cotton and other blended yarns, weaving denim fabric and manufacture of apparel. With effect from April 1, 2011, the woollen and cotton apparel business of OWML under the brand ‘Monte Carlo’ was demerged into the Company.

The company operates two manufacturing facilities in Ludhiana, Punjab, one for its woollen apparel products and one for its cotton apparel products. The manufacturing facilities include facilities for product development, a design studio and sampling infrastructure. Almost all its woollen knitted products are manufactured in- house at its manufacturing facility. It also recently commenced in-house manufacturing of some of its cotton t-shirts and thermals in April 2014. For the remaining cotton and cotton-blended products, it follows an asset-light model by outsourcing the production to a network of third-party manufacturers, also known as job work entities.

Products:

It offers a comprehensive line of woollen, cotton and cotton-blended knitted and woven apparel under the ‘Monte Carlo’ brand in addition to its kids apparel. Its apparel products can be divided into three primary categories based -(i) woollen apparel, (ii) cotton and cotton blended apparel and (iii) kids apparel. Additionally, it also distributes home furnishings products which include mink blankets, bed sheets and quilts. The home furnishing products are also outsourced from a network of job work entities. The woollen knitted products include sweaters, cardigans, woollen caps and mufflers and thermals, while the woven woollen apparel products include woollen and cashmere shawls, stoles, woollen jackets and blazers. The cotton knitted apparel products include t-shirts, sweat shirts, track suits and cotton thermals. The kids apparel include sweaters, cardigans, shirts, t-shirts and bottoms.

The company introduced home furnishing products under the ‘Monte Carlo’ brand in fiscal 2013 and it follows an asset light model for its home furnishing products as well. It outsources the manufacturing of these products to a network of job work entities primarily in China. Once the finished products are ready, it buy them from the job work entities.Widening its horizons, the Company also gained ground in the production and supply of accessories like ties, belts, socks.

Read More Read Less