About Monte Carlo
Monte Carlo is a publicly listed company based in Ludhiana (India) founded in 1984. It operates as an internet first brand of casual and formal apparel wear for men, women, and kids. The company has 2,210 employees. Its chief executive is Jawahar Lal Oswal. Its website montecarlo.in draws about 1.5 million monthly visits. Its Indian entity Monte Carlo Fashions Limited reported revenue of ₹1,136 Cr. Monte Carlo offers products and services including Sweaters, Jackets, Blankets, and T-Shirts. Its focus areas include Consumer Goods, Apparel Brands, Casual Wear and Multi category. Its competitors include Hopscotch, Inditex, Bewakoof, American Eagle Outfitters and Styched and 3 more; 4 of its 8 listed competitors have raised funding.
Company details
Monte Carlo was founded in 1984 in Ludhiana, India, as an internet-first brand in the apparel sector. Casual and formal clothing for men, women, and kids is provided through its online platform. Products encompass hoodies, long-sleeved t-shirts, polos, pullovers, jackets, sweaters, coats, sweatshirts, t-shirts, trousers, denim, and lowers. Tracksuits and athletic wear are also included in the assortment.
- Headquarters Ludhiana, India
- Employees 2,210
- Stage Public
- SectorsRetail
- Website category Lifestyle · Fashion and Apparel
- Email••••••••
- Phone•••• ••••
- Website montecarlo.in
- Social LinkedIn X Facebook Instagram
- Legal Name Monte Carlo Fashions Ltd.
- Annual Revenue₹1,136 Cr
FY 2025 · +4% YoY
- Net Profit₹81.17 Cr
FY 2025 · 7% margin
- EBITDA₹222 Cr
FY 2025 · 20% margin
- Employee Count2,210
Associated legal entities of Monte Carlo
Monte Carlo is associated with 2 registered companies on The Company Check; the primary company is Monte Carlo Fashions Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Monte Carlo Fashions Limited Listed CIN L51494PB2008PLC032059 | Active | 01 Jul 2008 | Ludhiana, Punjab | ₹1,136 Cr | 2,048 | 14 | View details |
| Mcfl Ventures Limited CIN U68100PB2021PLC054819 | Active | 03 Dec 2021 | Ludhiana, Punjab | ₹0.5 Cr | 4 | 5 | View details |
Products & Services of Monte Carlo
Monte Carlo offers a comprehensive portfolio of products and services, including Sweaters, Jackets, Blankets, and T-Shirts.
Warm knitted clothing for winter protection
Outerwear for cold weather insulation
Soft coverings for bedding and warmth
Casual tops for everyday wear
Apps and channels of Monte Carlo
Monte Carlo publishes 1 mobile app with over 100K+ downloads.
Board of directors of Monte Carlo Fashions Limited (Monte Carlo)
Monte Carlo Fashions Limited is the primary company behind Monte Carlo. The boards of the 2 registered companies of Monte Carlo currently have 14 directors; the longest-serving is Dinesh Gogna, appointed in 2008. 20 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dinesh Gogna DIN 00498670 | Director | 01 Jul 2008 | 18 yrs 3 mo | Monte Carlo Fashions Limited |
| Jawahar Lal Oswal DIN 00463866 | Managing Director | 01 Jul 2008 | 18 yrs 3 mo | Monte Carlo Fashions Limited, Mcfl Ventures Limited |
| Sandeep Jain DIN 00565760 | Whole-time director | 01 Jul 2008 | 18 yrs 3 mo | Monte Carlo Fashions Limited, Mcfl Ventures Limited |
| Ruchika Oswal DIN 00565979 | Whole-time director | 30 Oct 2010 | 15 yrs 11 mo | Monte Carlo Fashions Limited, Mcfl Ventures Limited |
| Monica Oswal DIN 00566052 | Whole-time director | 30 Oct 2010 | 15 yrs 11 mo | Monte Carlo Fashions Limited |
| Rishabh Oswal DIN 03610853 | Whole-time director | 25 May 2018 | 8 yrs 4 mo | Monte Carlo Fashions Limited |
| Roshan Lal Behl DIN 06443747 | Director | 05 Aug 2021 | 5 yrs 2 mo | Monte Carlo Fashions Limited |
| Manikant Prasad Singh DIN 01790672 | Director | 01 Feb 2022 | 4 yrs 8 mo | Monte Carlo Fashions Limited |
| Parvinder Singh Pruthi DIN 07481899 | Director | 01 Feb 2022 | 4 yrs 8 mo | Monte Carlo Fashions Limited |
| Sidhant Jain DIN 09752603 | Manager | 04 Nov 2023 | 2 yrs 11 mo | Mcfl Ventures Limited |
| Raj Kapoor Sharma DIN 09083661 | CFO | 04 Nov 2023 | 2 yrs 11 mo | Mcfl Ventures Limited |
| Yash Paul Sachdeva DIN 02012337 | Director | 27 Jun 2024 | 2 yrs 3 mo | Monte Carlo Fashions Limited |
| Anchal Kumar Jain DIN 09546925 | Director | 27 Jun 2024 | 2 yrs 3 mo | Monte Carlo Fashions Limited |
| Prem Lata Singla DIN 09674172 | Director | 30 Aug 2024 | 2 yrs 1 mo | Monte Carlo Fashions Limited |
People of Monte Carlo
7 people are tracked at Monte Carlo (2 in leadership, 5 in team); the tracked headcount is 2,210.
| Name | Role | Group |
|---|---|---|
| CEO & MD | Leadership | |
Sanjay Kumar | Regional General Manager - Retail | Leadership |
Karan Swami | Executive - Ecommerce | Team |
Utsav Jindal | Sr. SEO Executive | Team |
Veerendra Vishwakarma | Ecommerce Manager B2b/b2c Omuni Channel | Team |
Hemant Verma | Regional Visual Merchandiser | Team |
Jagjeet S. | Assistant Managaer - Search Engine Optimisation | Team |
Complete people profiles for Monte Carlo
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IPO & Listings of Monte Carlo
Monte Carlo is a publicly listed company on the NSE with ticker symbol MONTECARLO in India, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date19 Dec 2014
- Listed onNSE: MONTECARLO · BSE: 538836
- Listed entityMonte Carlo Fashions Ltd.
- Exchange sectorConsumer non-durables
- ISININE950M01013
- Share price₹527.60 (+0.5% on the day) · 2026-10-14
- Market capitalisation₹1,089 Cr
- Price to earnings10.4
- EPS (diluted, trailing year)₹50.58
- Dividend yield3.82%
- Volume (last session)6,383
Financials of Monte Carlo
Figures of Monte Carlo Fashions Limited, the primary company behind Monte Carlo, for FY 2025. Revenue was ₹1,136 Cr (+4% year on year). Net profit was ₹81.17 Cr (7% margin). EBITDA was ₹222 Cr (20% margin). Revenue has grown at a compounded annual rate of +7% over three years and +9% over five years.
- ₹1,136 CrRevenue · FY 2025 · +4% YoY
- ₹81.17 CrNet profit · 7% margin
- ₹222 CrEBITDA · 20% margin
- ₹20.73 CrPaid-up capital
- 2,048Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹1,275 Cr | ₹112 Cr | ₹231 Cr |
| 2024 | ₹1,100 Cr | ₹81.2 Cr | ₹190 Cr |
| 2023 | ₹1,061 Cr | ₹59.9 Cr | ₹146 Cr |
| 2022 | ₹1,117 Cr | ₹133 Cr | ₹222 Cr |
| 2021 | ₹904 Cr | ₹114 Cr | ₹186 Cr |
Balance sheet, profit and loss, cash flow and ratios of Monte Carlo Fashions Limited are on its company page.
Detailed financial statements for Monte Carlo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Monte Carlo
Monte Carlo has 8 listed competitors in our database, 4 of them funded. They include Hopscotch, Inditex, Bewakoof, American Eagle Outfitters and Styched, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hopscotch.in | 2012 | Thane, India | $71M | 109 | Apparel and accessories for children are provided online. | |
| inditex.com | 1974 | Arteixo, Spain | – | 171,839 | Retailer of fashion products | |
| bewakoof.com | 2011 | Mumbai, India | $39.49M | 161 | Multi-category fashion products are sold by an internet-first brand. | |
| ae.com | 1977 | Pittsburgh, United States | – | 40,000 | Multi-category fashion products for men and women are offered. | |
| styched.in | 2019 | Bengaluru, India | $925,098 | – | Multi-category fashion for men and women is offered online. | |
| levistrauss.com | 1853 | San Francisco, United States | – | 18,000 | Brand of fashion apparel for men and women | |
| maxfashion.in | 2006 | Bengaluru, India | – | 671 | Internet first brand of clothing, footwear, and accessories for women, men, and kids | |
| beyoung.in | 2017 | Udaipur, India | $4.89M | 143 | Everyday fashion apparel, accessories, and combo options are retailed. |
Detailed competitors of Monte Carlo
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Web traffic of Monte Carlo
The website of Monte Carlo (montecarlo.in) receives about 1.5M visits a month and ranks #24,195 among all websites worldwide, #1,159 in Fashion and Apparel.
- Monthly visits1.5M
▼ 19.6% vs previous month
- Unique visitors898.3K
per month
- Global rank#24,195
among all websites
- Category rank#1,159
Lifestyle · Fashion and Apparel
- Bounce rate40%
- Pages per visit5.1
- Average visit3 min 26 sec
- DevicesDesktop 8% · Mobile 92%
Websites whose visitors overlap most with Monte Carlo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| theroyalepeacock.com | 100% | 680.7K | #567,773 | View details | |
hypdsports.com | hypdsports.com | 95% | – | #959,063 | – |
| costosoitaliano.com | 95% | – | #172,668 | View details | |
| thehouseofrare.com | 94% | 2.1M | #22,643 | View details | |
| cantabilshop.com | 94% | 229.6K | #143,274 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Monte Carlo
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Top companies in Fashion & Lifestyle E-Commerce
10 companies that operate in the same segment as Monte Carlo (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.08 B | USD 939.4 M | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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Related news about Monte Carlo
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Frequently Asked Questions about Monte Carlo
Monte Carlo was founded in 1984.
Monte Carlo is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
Jawahar Lal Oswal is the current CEO of Monte Carlo.
Monte Carlo has 2,210 employees.
The primary company behind Monte Carlo, Monte Carlo Fashions Limited, reported revenue of ₹1,136 Cr for FY 2025, up 4% year on year.
Monte Carlo was founded in 1984 in Ludhiana, India, as an internet-first brand in the apparel sector. Casual and formal clothing for men, women, and kids is provided through its online platform. Products encompass hoodies, long-sleeved t-shirts, polos, pullovers, jackets, sweaters, coats, sweatshirts, t-shirts, trousers, denim, and lowers. Tracksuits and athletic wear are also included in the assortment.
Monte Carlo offers Sweaters, Jackets, Blankets, and T-Shirts.
Yes, Monte Carlo is publicly traded on NSE under the ticker symbol MONTECARLO.
Monte Carlo is associated with 2 legal entities: Monte Carlo Fashions Limited, Mcfl Ventures Limited.
The legal entities of Monte Carlo currently have 15 directors, including Rishabh Oswal, Manikant Prasad Singh, Parvinder Singh Pruthi and others.
Yes. Monte Carlo publishes Monte Carlo - Online Shop, with over 100,000 downloads.