BSE:538836

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet and good value.


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


Market Performance


7 Day Return

4.0%

538836

3.3%

IN Luxury

3.9%

IN Market


1 Year Return

-34.7%

538836

12.9%

IN Luxury

6.0%

IN Market

Return vs Industry: 538836 underperformed the Indian Luxury industry which returned 12.9% over the past year.

Return vs Market: 538836 underperformed the Indian Market which returned 6% over the past year.


Shareholder returns

538836IndustryMarket
7 Day4.0%3.3%3.9%
30 Day-4.3%8.0%7.8%
90 Day-9.1%9.3%2.5%
1 Year-34.7%-34.7%13.8%12.9%8.2%6.0%
3 Year-45.0%-47.6%51.0%49.2%23.0%16.7%
5 Yearn/a108.3%104.5%43.5%30.0%

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?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: 538836 (₹239.6) is trading below our estimate of fair value (₹778.17)

Significantly Undervalued: 538836 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 538836 is good value based on its PE Ratio (9x) compared to the Luxury industry average (10.2x).

PE vs Market: 538836 is good value based on its PE Ratio (9x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

Low 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 is overvalued based on its PB Ratio (1.1x) compared to the IN Luxury industry average (0.6x).


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?

-3.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 538836's earnings are forecast to decline over the next 3 years (-3.7% per year).

Earnings vs Market: 538836's earnings are forecast to decline over the next 3 years (-3.7% per year).

High Growth Earnings: 538836's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if 538836's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 538836's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 538836's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

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

-0.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 538836's earnings have declined by -0.1% 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 (-5.7%) over the past year, making it difficult to compare to the Luxury industry average (7.9%).


Return on Equity

High ROE: 538836's Return on Equity (11.8%) is considered low.


Return on Assets

ROA vs Industry: 538836 has a higher Return on Assets than the Luxury industry average last year.


Return on Capital Employed

ROCE Improving: 538836's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Monte Carlo Fashions's financial position?


Financial Position Analysis

Short Term Liabilities: 538836's short term assets (₹5.7B) exceeds its short term liabilities (₹2.7B)

Long Term Liabilities: 538836's short term assets (5.7B) exceeds its long term liabilities (315.3M)


Debt to Equity History and Analysis

Debt Level: 538836's debt to equity ratio (9.2%) is considered satisfactory

Reducing Debt: 538836's debt to equity ratio has reduced from 31.1% to 9.2% over the past 5 years.

Debt Coverage: 538836's debt is well covered by operating cash flow (281.6%).

Interest Coverage: 538836's interest payments on its debt are well covered by EBIT (7.1x coverage).


Balance Sheet

Inventory Level: 538836 has a high level of physical assets or inventory.

Debt Coverage by Assets: 538836's debt is covered by short term assets (assets are 12.762270x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.4%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 538836's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 538836's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 538836's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 538836's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 538836 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 538836's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of Monte Carlo Fashions's salary, the management and board of directors tenure and is there insider trading?

5.5yrs

Average board tenure


CEO

Jawahar Oswal (76yo)

8.2yrs

Tenure

0

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 Age and Tenure

5.5yrs

Average Tenure

47.5yo

Average Age

Experienced Board: 538836's board of directors are considered experienced (5.5 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Jawahar Oswal (76yo)

    Chairman & MD

    • Tenure: 8.2yrs
  • Monica Oswal (47yo)

    Executive Director

    • Tenure: 3.2yrs
    • Compensation: ₹9.18m
  • Ruchika Oswal (47yo)

    Executive Director

    • Tenure: 3.2yrs
    • Compensation: ₹9.05m
  • Sandeep Jain (48yo)

    Executive Director

    • Tenure: 11.3yrs
    • Compensation: ₹18.83m
  • Devinderjeet Singh (45yo)

    Vice-President of Operations

    • Tenure: 0yrs
  • Rishabh Oswal (27yo)

    President of Commercial & Executive Director

    • Tenure: 1.4yrs
    • Compensation: ₹6.98m
  • Sumit Agrawal (41yo)

    Vice President

    • Tenure: 0yrs
  • Manish Chopra (41yo)

    Vice President of Merchandising

    • Tenure: 0yrs
  • Ashish Madan (40yo)

    Vice President of LFS

    • Tenure: 0yrs
  • Raj Sharma

    Chief Financial Officer

    • Tenure: 0.9yrs

Board Members

  • Suresh Singla (69yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: ₹75.00k
  • Dinesh Gogna (66yo)

    Non-Executive Non-Independent Director

    • Tenure: 11.3yrs
    • Compensation: ₹125.00k
  • Jawahar Oswal (76yo)

    Chairman & MD

    • Tenure: 8.2yrs
  • Monica Oswal (47yo)

    Executive Director

    • Tenure: 3.2yrs
    • Compensation: ₹9.18m
  • Ruchika Oswal (47yo)

    Executive Director

    • Tenure: 3.2yrs
    • Compensation: ₹9.05m
  • Ajit Chatha (83yo)

    Independent Director

    • Tenure: 5.6yrs
    • Compensation: ₹75.00k
  • Paurush Roy (45yo)

    Independent Director

    • Tenure: 7.3yrs
  • Sandeep Jain (48yo)

    Executive Director

    • Tenure: 11.3yrs
    • Compensation: ₹18.83m
  • Manisha Gupta (40yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: ₹100.00k
  • Rishabh Oswal (27yo)

    President of Commercial & Executive Director

    • Tenure: 1.4yrs
    • Compensation: ₹6.98m

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: ₹4.967b
  • 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 Analysis2019/10/20 12:56
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.