ALPHA TRIBE

Monte Carlo Fashions LimitedPPTs, 16-11-2024: Investor Presentation

16-11-2024 | 11:27 am

**Financial Highlights:**

Monte Carlo Fashions Limited reported Q2 revenue of INR 2,197 Cr, a 3.4% increase from INR 2,124 Cr in Q2-FY24. However, EBITDA declined to INR 283 Cr, reflecting a margin of 12.88%, down from 16.09% last year. PAT for the quarter was INR 80 Cr, with a marginal margin of 3.64%, compared to 6.29% previously. For H1-FY25, revenue dropped to INR 3,457 Cr, down 1.6% YoY, with PAT at a loss of INR 53 Cr.

**Strategic Initiatives and Growth Drivers:**

Future plans include expanding EBOs nationwide, aiming to add 45-50 new stores, especially in Western and Southern India. The company is enhancing online sales via quick commerce partners and diversifying product lines to include summer wear and athlesiure.

**Business Developments:**

Monte Carlo's operations include a diversified product portfolio with notable growth in home textiles and kids' apparel. The company is also investing in modernizing manufacturing facilities and strengthening brand visibility through strategic partnerships.

**Market Position and Competitive Advantage:**

With a robust distribution network spanning 430 EBOs, 1,611 MBOs, and strong online presence, Monte Carlo retains a competitive edge as a leading player in the Indian apparel sector.

**Investor Implications:**

Investors should monitor Monte Carlo's strategic initiatives as they may provide avenues for recovery and growth in future quarters, despite current profitability pressures. The focus on expanding market presence and improving operational efficiencies signals a positive long-term outlook.

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