Want to see IN:MONTECARLO full AI Analyst Report?
Top Page
Monte Carlo Fashions Ltd.
(MONTECARLO)
Select Model
Select Model
Rating:66Neutral
Price Target:
₹587.00
▲(9.51% Upside)
Action:Downgraded
Date:08/21/26
The score is primarily driven by solid FY2026 operating performance and attractive valuation (low P/E and healthy dividend). These positives are tempered by rising leverage and uneven cash flow consistency, while technicals remain mixed with a still-weak longer-term trend (below the 200DMA) and negative MACD.
Positive Factors
Revenue Rebound
The return to double-digit growth indicates renewed demand for Monte Carlo’s branded apparel. Sustained category and channel adoption could support revenue expansion over the next several quarters.
Negative Factors
Rising Leverage
The sustained increase in leverage reduces financial flexibility and raises sensitivity to weaker apparel demand, inventory pressure, or higher funding costs. It could constrain investment and shareholder returns during a downturn.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Rebound
The return to double-digit growth indicates renewed demand for Monte Carlo’s branded apparel. Sustained category and channel adoption could support revenue expansion over the next several quarters.
Read all positive factors
Monte Carlo Fashions Ltd. (MONTECARLO) vs. iShares MSCI India ETF (INDA)
Market Cap
₹11.52B
Dividend Yield3.6%
Average Volume (3M)6.00K
Price to Earnings (P/E)11.0
Beta (1Y)1.12
Revenue Growth15.59%
EPS Growth34.06%
CountryIN
Employees2,360
SectorGeneral
Sector StrengthN/A
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)50.57
Shares Outstanding20,732,063
10 Day Avg. Volume5,595
30 Day Avg. Volume5,997
Financial Highlights & Ratios
PEG Ratio0.23
Price to Book (P/B)1.07
Price to Sales (P/S)0.76
P/FCF Ratio15.43
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Monte Carlo Fashions Ltd. Business Overview & Revenue Model
Company Description
Monte Carlo Fashions Limited manufactures and trades in woolen, cotton, cotton-blended, knitted, and woven garments for men, women, and kids in India and internationally. The company offers shirts, T-shirts, linen shirts, denims, trousers, jeans, ...
How the Company Makes Money
Monte Carlo Fashions makes money primarily by selling branded apparel and related fashion products under the Monte Carlo brand through multiple go-to-market channels. Its core revenue stream is product sales (recognized when goods are sold/deliver...
Monte Carlo Fashions Ltd. Financial Statement Overview
Summary
Income Statement
76
Positive
Balance Sheet
68
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.86B | 12.76B | 11.00B | 10.61B | 11.18B | 9.03B |
| Gross Profit | 4.64B | 4.20B | 3.45B | 4.04B | 5.25B | 3.76B |
| EBITDA | 2.46B | 2.63B | 2.22B | 1.71B | 2.38B | 2.06B |
| Net Income | 1.05B | 1.12B | 811.70M | 599.40M | 1.33B | 1.14B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 19.20B | 17.16B | 15.16B | 14.96B | 11.22B |
| Cash, Cash Equivalents and Short-Term Investments | 1.16B | 1.16B | 1.73B | 1.29B | 1.84B | 2.09B |
| Total Debt | 0.00 | 5.80B | 5.14B | 3.82B | 3.31B | 1.56B |
| Total Liabilities | -9.06B | 10.15B | 8.81B | 7.21B | 7.20B | 4.34B |
| Stockholders Equity | 9.06B | 9.06B | 8.34B | 7.95B | 7.76B | 6.87B |
Cash Flow | ||||||
| Free Cash Flow | -1.93B | 627.20M | 212.90M | 466.90M | -585.90M | 454.72M |
| Operating Cash Flow | -1.85B | 1.01B | 593.50M | 814.60M | -52.90M | 705.53M |
| Investing Cash Flow | 60.00M | -452.70M | -456.00M | 35.30M | -463.40M | -481.88M |
| Financing Cash Flow | 1.81B | -548.30M | -142.50M | -852.20M | 529.20M | -223.85M |
Monte Carlo Fashions Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | ₹15.51B | 13.93 | ― | 1.10% | 6.24% | 15.54% | |
66 Neutral | ₹11.52B | 10.98 | ― | 3.60% | 15.59% | 34.06% | |
62 Neutral | ₹394.29B | 52.19 | ― | 1.71% | 7.57% | -1.16% | |
59 Neutral | ₹17.08B | 32.51 | ― | ― | -1.51% | -38.13% | |
56 Neutral | ₹10.90B | 14.55 | ― | 2.18% | 5.33% | -4.01% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | ₹33.02B | 32.27 | ― | 0.18% | 10.61% | -33.91% |
* General Sector Average
IN:MONTECARLO
Monte Carlo Fashions Ltd.
555.60
-58.18
-9.48%
IN:DOLLAR
Dollar Industries Ltd.
273.55
-98.27
-26.43%
IN:GOCOLORS
Go Fashion (India) Limited
324.80
-389.80
-54.55%
IN:LUXIND
Lux Industries Ltd.
1,098.05
-211.15
-16.13%
IN:PAGEIND
Page Industries Limited
35,350.00
-8,319.02
-19.05%
IN:RUPA
Rupa & Co. Ltd.
137.05
-60.34
-30.57%
Monte Carlo Fashions Ltd. Corporate Events
Monte Carlo Fashions Schedules Q1 FY27 Earnings Call
Aug 5, 2026
Monte Carlo Fashions Ltd. has announced that its Board of Directors will meet on August 5, 2026, followed by a post‑results conference call to discuss its first‑quarter FY27 performance. The company has disclosed that the Q1 FY27 earni...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.