MarketFriction

Monte Carlo Fashions Ltd

NSE MONTECARLO · BSE 538836 · Garments & Apparels
₹522.85 -0.87%
NSE close2026-10-01
52 week range464.00 - 860.95
Market cap₹1,070 Cr.
P/E10.2
IPO 2014 · -19% since Price band 20% Delivery 49.3%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales212504207126220549206139249608280149
Expenses178381216128191395200144207443254162
Operating Profit34123-10-2281546-64216626-13
OPM %16%24%-4.8%-1.9%13%28%2.9%-4.2%17%27%9%-9%
Other Income668796131098810
Interest10111091215121113151212
Depreciation131413141516161516171717
Profit before tax18104-24-1811129-9-22221425-32
Tax %25%25%-22%-25%26%26%9%-25%25%25%-3%-26%
Net Profit1378-19-13895-10-16161075-23
EPS in Rs6.4537.71-9.15-6.403.8645.99-4.96-7.877.8051.532.43-11.33
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6185775766567266229041,1181,0621,1001,2761,286
Expenses4975004625586015067208989169131,0471,066
Operating Profit1217711399124116184220145187229220
OPM %20%13%20%15%17%19%20%20%14%17%18%17%
Other Income152418181220232128353636
Interest1612891714172640495352
Depreciation292521193334374251606667
Profit before tax906510289868815317282112147137
Tax %35%32%34%33%27%25%25%23%25%29%24%
Net Profit5944686063661141336180112105
EPS in Rs27.1220.3231.2527.4230.2431.9855.0164.0329.4338.4953.8950.43
Dividend Payout %37%49%38%0%17%47%36%31%68%52%37%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth8%15%5%16%
Compounded Profit Growth7%11%-6%36%
Stock Price CAGR1%8%-13%-23%
Return on Equity12%13%10%13%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital222222222121212121212121
Reserves392424474490463524583667756775813885
Borrowings12998655648117118156331382521585
Other Liabilities140167142156257249214274389339367427
Total Liabilities6827117047237889109371,1171,4971,5171,7221,917
Fixed Assets181163163156150228225232281328390389
CWIP11300213190024
Investments4850117128138134178217243241260259
Other Assets4524974214385015465336649549491,0721,246
Total Assets6827117047237889109371,1171,4971,5171,7221,917
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity234585241263711271-58370100
Cash from Investing Activity-1827-132110-30-82-48-483-32-14
Cash from Financing Activity-6-71-72-44-104-38-31-2253-85-38-86
Net Cash Flow0-0-0131-31-1-00-000
Free Cash Flow-1934631411499546-51553362
CFO/OP38%64%142%53%152%48%109%55%20%89%50%62%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days769093120122127135105124127138143
Inventory Days230260225217203206222217283260321324
Days Payable102125115138143159153104119857883
Cash Conversion Cycle204225202200182173204218288303381384
Working Capital Days8410011913595123138109109114114111
ROCE %21%19%13%19%18%17%15%22%20%11%13%14%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters73.17%73.17%73.17%73.17%73.17%73.17%73.17%73.17%73.17%73.17%73.17%73.17%
FIIs1.08%1.10%0.98%0.99%1.03%1.11%1.06%1.28%1.12%1.18%1.29%1.21%
DIIs1.61%1.97%1.95%1.59%2.24%2.08%1.88%1.33%1.44%1.47%1.57%1.57%
Public24.15%23.75%23.90%24.24%23.55%23.64%23.90%24.23%24.28%24.19%23.98%24.04%
No. of Shareholders29,08229,91629,30930,23027,72728,62828,84929,36129,93428,87429,00529,118

Fundamentals

Market Cap₹ 1,070 Cr.
Current Price₹ 517
Stock P/E10.2
Book Value₹ 437
ROCE14.0 %
ROE12.8 %
Dividend Yield3.87 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)16%
Compounded Profit Growth (TTM)36%
Standalone figures.
Valuation
Market capRs 1,084 Cr
Enterprise valueRs 1,668 Cr
P/E (TTM)10.37x
Price to book1.20x
Price to sales0.84x
EV / EBITDA6.50x
EV / EBIT8.82x
EV / sales1.30x
Price to cash flow10.89x
Earnings yield9.65%
Dividend yield3.82%
P/E, 3-year average14.53x
P/B, 3-year average1.34x
P/E, 5-year average12.42x
P/B, 5-year average1.43x
Profitability
Operating margin (excl. other income)17.94%
Operating margin (incl. other income)20.77%
EBITDA margin19.93%
Pre-tax margin10.62%
Net profit margin8.13%
Net margin, latest quarter-15.75%
ROE12.84%
ROCE14.01%
ROA6.14%
ROE, 3-year average10.13%
ROCE, 3-year average12.48%
ROA, 3-year average5.04%
ROE, 5-year average13.24%
ROCE, 5-year average15.91%
ROA, 5-year average7.28%
ROIC (approx.)9.67%
Tax rate23.85%
Other income / net worth3.99%
Growth
Sales growth (latest year)15.95%
Profit growth (latest year)40.01%
Sales CAGR, 3 years4.51%
Sales CAGR, 5 years15.45%
Profit CAGR, 3 years-5.58%
Profit CAGR, 5 years11.00%
Sales growth QoQ-46.83%
Profit growth QoQ-565.87%
Sales growth YoY (latest quarter)7.59%
Per share
EPS (TTM)Rs 50.44
EPS (latest year)Rs 53.89
EPS (latest quarter)Rs -11.33
EPS, 3-year averageRs 40.60
EPS, 5-year averageRs 48.17
Book value per shareRs 436.81
Sales per shareRs 620.50
Cash flow per shareRs 48.00
Free cash flow per shareRs 29.91
Dividend per share (latest year)Rs 20.00
Dividend per share, 3-year averageRs 20.00
Dividend per share, 5-year averageRs 20.00
Dividends
Dividend payout37.11%
Dividend payout, 3-year average52.34%
Dividend payout, 5-year average44.92%
Efficiency
Asset turnover0.67x
Fixed asset turnover3.28x
Inventory turnover1.27x
Inventory days287 days
Debtor days143 days
Debtors turnover2.56x
Creditor days83 days
Cash conversion cycle384 days
Working capital days111 days
Leverage
Total debtRs 585 Cr
Cash and bankRs 1 Cr
Net debtRs 584 Cr
Debt to equity0.65x
Net debt / EBITDA2.28x
Interest coverage3.60x
Current ratio (filing 2026-03-31)1.67x
Quick ratio (filing 2026-03-31)0.91x
Trade payables (filing 2026-03-31)Rs 146 Cr
Owners' fund to total sources47.24%
Debt to assets30.51%
Cash flow
Cash from Operating Activity (latest year)Rs 100 Cr
Cash from Investing Activity (latest year)Rs -14 Cr
Cash from Financing Activity (latest year)Rs -86 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 62 Cr
FCFE (approx.: FCF + change in debt)Rs 126 Cr
Cash from ops / profit, 5 years0.64x
Sales to cash flow12.82x
Statement figures
Net sales (TTM)Rs 1,286 Cr
Net sales (latest year)Rs 1,276 Cr
Sales (latest quarter)Rs 149 Cr
Operating profit excl. other income (latest year)Rs 229 Cr
Operating profit (latest quarter)Rs -13 Cr
Other income (TTM)Rs 36 Cr
EBITDA (TTM)Rs 256 Cr
PBDT (TTM)Rs 204 Cr
Profit before tax (TTM)Rs 137 Cr
Tax (latest year)Rs 35 Cr
Net profit (TTM)Rs 105 Cr
Net profit (latest year)Rs 112 Cr
Net profit (latest quarter)Rs -23 Cr
Depreciation (TTM)Rs 67 Cr
Depreciation (latest quarter)Rs 17 Cr
Interest (TTM)Rs 52 Cr
Cost of goods sold (latest year)Rs 726 Cr
Total expenditure (latest year)Rs 1,047 Cr
Total income (latest year)Rs 1,312 Cr
Share capitalRs 21 Cr
ReservesRs 885 Cr
Shareholders' fundsRs 906 Cr
Total assetsRs 1,917 Cr
Net blockRs 389 Cr
Capital work in progressRs 24 Cr
InvestmentsRs 259 Cr
ReceivablesRs 499 Cr
InventoryRs 571 Cr
Other liabilitiesRs 427 Cr
Shares outstanding (crore)2.07
Ownership
Promoter holding73.17% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 10.4 is at the 28th percentile of its own 9.4-year range (median 12.0, low 4.5, high 28.8).
P/B 1.20 is at the 21th percentile (median 1.59).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodMONTECARLONifty 50Difference
1 week+1.2%-2.8% +4.0 pts
1 month-3.0%-6.8% +3.8 pts
3 months-7.6%-7.6% -0.0 pts
6 months+12.0%+0.4% +11.6 pts
1 year-23.6%-9.9% -13.7 pts
2 years-36.9%-13.6% -23.4 pts
3 years-34.4%+14.2% -48.6 pts
5 years+39.5%+27.9% +11.6 pts

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹149 Cr +7.2% vs Jun 2025. Net loss ₹23 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-21Dividend - Rs 20 Per Share
2025-09-22Dividend - Rs 20 Per Share
2024-09-13Annual General Meeting/Dividend - Rs 20 Per Share
2023-08-24Annual General Meeting/Dividend - Rs 20 Per Share
2022-09-20Annual General Meeting/Dividend - Rs 20 Per Share
2021-09-16 Annual General Meeting/Dividend - Rs 15 Per Share
2020-09-18 Annual General Meeting/Dividend - Rs 5 Per Share
2019-09-19 Annual General Meeting
2019-02-21 Buy Back
2018-09-18 Annual General Meeting/Dividend Rs 12 Per Share
2017-09-21 Annual General Meeting/Dividend - Rs 10 Per Share
2016-09-21 Annual General Meeting/Dividend -Rs 10/- Per Share
2015-09-21 Annual General Meeting/Dividend - Rs 10/- Per Share
DateTypeWhat it says
2026-09-30UpdatesIntimation regarding appointment of Ernest and Young LLP (EY) as Investor Relations Agency of company with effect from October 1, 2026.
2026-09-29Shareholder meetingVoting results.
2026-09-28Change in ManagementChange in Management
2026-09-28Director changeChange in Director(s) of the company.
2026-09-28Shareholder meetingProceedings of Annual General Meeting held on September 28, 2026
2026-08-31General UpdatesThe letter sent to members under regulation 36(1)(b) of SEBI LODR Regulations
2026-08-31UpdatesBook closure and record date.
2026-08-31UpdatesPursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that Eighteenth (18th) Annual Ge...
2026-08-31UpdatesBusiness responsibility and sustainablity report.
2026-08-31Record DateRecord date for the purpose of Dividend is 21-Sep-2026.
2026-08-31Record DateRecord date for the purpose of Dividend & Meeting is 21-Sep-2026.
2026-08-31Shareholder meetingNotice of Annual General Meeting to be held on September 28, 2026
2026-08-24Investor PresentationInvestor Presentation
2026-08-24UpdatesInvestor Presentation.
2026-08-21AgreementsAgreements
2026-08-10Concall / analyst meetTranscript
2026-08-06Concall / analyst meetLink of Recording
2026-08-05Concall / analyst meetPresentation
2026-08-05Investor PresentationInvestor Presentation
2026-08-05Concall / analyst meetSchedule of meet
2026-08-05General UpdatesApproval for investment in wholly owned subsidary- MCFL Energy Projects PVT Ltd
2026-08-05UpdatesInvestment in Wholly owned subsidary -mcfl energy projects pvt ltd.
2026-08-05Director changeChange in Director(s) of the company.
2026-08-05Change in ManagementChange in Management
2026-08-05Board meeting outcomeOutcome of Board Meeting held on August 05, 2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Monte Carlo Fashions Ltd?

Monte Carlo Fashions Ltd (MONTECARLO) has a market capitalisation of Rs 1,070 Cr. at the 2026-10-01 close.

What is the P/E ratio of Monte Carlo Fashions Ltd?

Monte Carlo Fashions Ltd trades at a P/E of 10.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were Monte Carlo Fashions Ltd's latest quarterly results?

In the Jun 2026 quarter, Monte Carlo Fashions Ltd sales was Rs 149 Cr (+7.2% vs Jun 2025) with a net loss of Rs 23 Cr.

What is the 52-week high and low of Monte Carlo Fashions Ltd?

The 52-week high is Rs 860.95 and the 52-week low is Rs 464.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03