BSE:538836

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Executive Summary

Monte Carlo Fashions Limited engages in manufacturing, and trading woolen/cotton readymade apparels under the Monte Carlo brand primarily in India.


Snowflake Analysis

Flawless balance sheet second-rate dividend payer.


Similar Companies

Share Price & News

How has Monte Carlo Fashions's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 538836 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.4%

538836

2.2%

IN Luxury

1.2%

IN Market


1 Year Return

-36.2%

538836

-4.5%

IN Luxury

4.3%

IN Market

Return vs Industry: 538836 underperformed the Indian Luxury industry which returned -4.5% over the past year.

Return vs Market: 538836 underperformed the Indian Market which returned 4.3% over the past year.


Shareholder returns

538836IndustryMarket
7 Day1.4%2.2%1.2%
30 Day0.6%8.9%7.1%
90 Day18.8%20.3%23.6%
1 Year-36.2%-36.2%-3.8%-4.5%6.3%4.3%
3 Year-63.5%-65.2%3.3%1.0%4.2%-0.7%
5 Year-61.8%-65.2%31.1%28.0%34.4%24.4%

Price Volatility Vs. Market

How volatile is Monte Carlo Fashions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Monte Carlo Fashions undervalued compared to its fair value and its price relative to the market?

6.09x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 538836 (₹162.5) is trading above our estimate of fair value (₹106.29)

Significantly Below Fair Value: 538836 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 538836 is good value based on its PE Ratio (6.1x) compared to the IN Luxury industry average (11.8x).

PE vs Market: 538836 is good value based on its PE Ratio (6.1x) compared to the Indian market (14.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 538836's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 538836's PB Ratio (0.6x) is in line with the IN Luxury industry average.


Next Steps

Future Growth

How is Monte Carlo Fashions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

42.7%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Monte Carlo Fashions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Monte Carlo Fashions performed over the past 5 years?

0.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 538836 has high quality earnings.

Growing Profit Margin: 538836's current net profit margins (8.2%) are lower than last year (8.7%).


Past Earnings Growth Analysis

Earnings Trend: 538836's earnings have grown by 0.9% per year over the past 5 years.

Accelerating Growth: 538836's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 538836 had negative earnings growth (-3.5%) over the past year, making it difficult to compare to the Luxury industry average (-5.7%).


Return on Equity

High ROE: 538836's Return on Equity (10.1%) is considered low.


Next Steps

Financial Health

How is Monte Carlo Fashions's financial position?


Financial Position Analysis

Short Term Liabilities: 538836's short term assets (₹6.1B) exceed its short term liabilities (₹2.6B).

Long Term Liabilities: 538836's short term assets (₹6.1B) exceed its long term liabilities (₹1.1B).


Debt to Equity History and Analysis

Debt Level: 538836's debt to equity ratio (5.8%) is considered satisfactory.

Reducing Debt: 538836's debt to equity ratio has reduced from 24.8% to 5.8% over the past 5 years.

Debt Coverage: 538836's debt is well covered by operating cash flow (115.1%).

Interest Coverage: 538836's interest payments on its debt are well covered by EBIT (4.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Monte Carlo Fashions's current dividend yield, its reliability and sustainability?

3.08%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 538836's dividend (3.08%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 538836's dividend (3.08%) is in the top 25% of dividend payers in the Indian market (2.51%)


Stability and Growth of Payments

Stable Dividend: 538836 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 538836 has only been paying a dividend for 5 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18.7%), 538836's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.2yrs

Average board tenure


CEO

Jawahar Oswal (77 yo)

9yrs

Tenure

Mr. Jawahar Lal Oswal has been the Managing Director and Director of Monte Carlo Fashions Limited since August 10, 2011. Mr. Oswal serves as the Chairman and at Nahar Poly Films Limitedand served as its Ma ...


Board Members

NamePositionTenureCompensationOwnership
Jawahar Oswal
Chairman & MD9yrsno data0.58%
₹ 19.5m
Sandeep Jain
Executive Director12.08yrs₹18.83m0.0017%
₹ 55.9k
Monica Oswal
Executive Director4yrs₹9.18m1.66%
₹ 55.8m
Ruchika Oswal
Executive Director4yrs₹9.05m1.66%
₹ 55.8m
Rishabh Oswal
President of Commercial & Executive Director2.25yrs₹6.98m0.0024%
₹ 81.2k
Suresh Singla
Independent Director6.17yrs₹75.00kno data
Dinesh Gogna
Non-Executive Non-Independent Director12.08yrs₹125.00k0.0097%
₹ 325.1k
Ajit Chatha
Independent Director6.42yrs₹75.00kno data
Paurush Roy
Independent Director8.17yrsno datano data
Amrik Sohi
Independent Director4.5yrs₹100.00kno data
Manisha Gupta
Independent Director6.17yrs₹100.00kno data
Alok Misra
Independent Director4yrs₹100.00kno data

6.2yrs

Average Tenure

58yo

Average Age

Experienced Board: 538836's board of directors are considered experienced (6.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Monte Carlo Fashions Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Monte Carlo Fashions Limited
  • Ticker: 538836
  • Exchange: BSE
  • Founded: 2008
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: ₹3.369b
  • Shares outstanding: 20.73m
  • Website: https://www.montecarlocorporate.com

Number of Employees


Location

  • Monte Carlo Fashions Limited
  • B-XXIX-106 G.T. Road
  • Sherpur
  • Ludhiana
  • Punjab
  • 141003
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
538836BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2014
MONTECARLONSEI (National Stock Exchange of India)YesEquity SharesININRDec 2014

Biography

Monte Carlo Fashions Limited engages in manufacturing, and trading woolen/cotton readymade apparels under the Monte Carlo brand primarily in India. The company provides shirts, trousers, denims, Bermudas, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 19:12
End of Day Share Price2020/08/14 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.