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Investor Presentation

Monte Carlo Fashions Investor Presentation: Key Takeaways

Q2 FY27 revenue ₹2,624 Mn (+5.5% YoY), EBITDA ₹284 Mn (10.8% margin), PAT ₹12 Mn vs ₹163 Mn. H1 net loss ₹223 Mn; festive shift cited.

Highlights
Revenue growthQ2 +5.5%; H1 +6.3% YoY
MarginsQ2 EBITDA margin 10.8% vs 16.7%; H1 3.7% vs 9.2%
Demand visibilityFestive demand shifted to Q3; H2 sell-through key
Management confidenceGuides low double-digit FY27 growth; H2 seasonally stronger

Growth

H1 FY27 revenue ₹4,114 Mn, up 6.3% YoY. H1 EBITDA ₹154 Mn, down 56.8%; Q2 gross margin down 498 bps to 49.4%.

Outlook

FY27 guidance: low double-digit revenue growth, EBITDA margin +200 bps (~20% incl. other income), Home textiles 20–25%, 40–45 new EBOs, ~₹1,500 Mn solar SPV.

Risks

Festive demand shift to Q3, retailer returns, gross margin compression, higher material and employee costs. Net debt ₹3,020 Mn.

Last quarter's promises, checked

Delivered

  • Guided Q2 profit positive → PAT ₹11.7 Mn (= BEAT)

Partly delivered

  • Guided low double-digit FY27 revenue growth → H1 +6.3% YoY (= PARTIAL)
  • Guided 40–45 EBOs → H1 24 opened, 15 closed (= PARTIAL)
  • Guided Q2 revenue growth from returns normalising → Q2 +5.5%, EBITDA -31.7% (= PARTIAL)

Missed

  • Guided EBITDA margin down ~100 bps YoY → H1 3.7% vs 9.2% (= MISS)
  • Guided home textiles +20–25% (~₹215 Cr) → H1 +10.4% gross sales (= MISS)
  • Guided ₹147–150 Cr solar investment next quarter → still ~₹1,500 Mn forward plan (= MISS)
Source

Investor Presentation filed with NSE, NSE: MONTECARLO. Summary written with AI assistance from the document.

Read the document ↗

Monte Carlo Fashions Ltd: key numbers

Share price
₹492.35
Market cap
₹1,021 Cr
Revenue (annual)
₹1,276 Cr
Net profit (annual)
₹112.1 Cr
P/E (TTM)
11.4×Sector 34.2×
Promoter holding
73.17%+0.00% QoQ
FII holding
0.98%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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