About Monte Carlo
Monte Carlo is a publicly listed company based in Ludhiana (India) founded in 1984. It operates as a mens and womens apparel and accessories are manufactured. It operates on a Direct-to-Consumer (D2C) model. The company has 2,048 employees. Its chief executive is Jawahar Lal Oswal. Its Indian entity Monte Carlo Fashions Limited reported revenue of ₹1,136 Cr. Monte Carlo offers products and services including Monte Carlo Clothing. Its focus areas include Consumer Goods, Apparel and Fashion Clothing.
Company details
Monte Carlo, a brand under Monte Carlo Fashions Limited, is focused on the production and sale of branded clothing in India. Established in 1984, it operates within the apparel sector, offering a range of fashion products to meet diverse consumer demands. The company is supported by its parent entity, Oswal Woolen Mills Ltd, and has evolved from hosiery and woollens to a significant player in the readymade knitwear market. Solutions are provided through physical stores and online platforms to cater to the growing clothing industry.
- Headquarters Ludhiana, India
- Employees 2,048
- Stage Public
- SectorsConsumer
- Phone•••• ••••
- Website montecarlocorporate.com
- Social LinkedIn X Facebook Instagram
- Legal Name Monte Carlo Fashions Limited
- Date of Incorporation 01 Jul, 2008
- Jurisdiction Ludhiana, Punjab, India
- 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 Count2,048
Associated legal entities of Monte Carlo
Monte Carlo operates through Monte Carlo Fashions Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| 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 |
Products & Services of Monte Carlo
Monte Carlo offers a comprehensive portfolio of products and services, including Monte Carlo Clothing.
Clothing products are offered for diverse fashion needs.
Board of directors of Monte Carlo Fashions Limited (Monte Carlo)
Monte Carlo Fashions Limited is the primary company behind Monte Carlo. The board of Monte Carlo Fashions Limited currently have 12 directors; the longest-serving is Dinesh Gogna, appointed in 2008. 18 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 |
| Sandeep Jain DIN 00565760 | Whole-time director | 01 Jul 2008 | 18 yrs 3 mo | Monte Carlo Fashions Limited |
| Ruchika Oswal DIN 00565979 | Whole-time director | 30 Oct 2010 | 15 yrs 11 mo | Monte Carlo Fashions 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 |
| 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
41 people are tracked at Monte Carlo (7 in leadership, 34 in team); the tracked headcount is 2,048.
| Name | Role | Group |
|---|---|---|
| CEO & MD | Leadership | |
| Executive Director | Leadership | |
Rahul Prabhakar | Head- Retail & Channel Sales | Leadership |
Raj Kapoor Sharma | Chief Financial Officer | Leadership |
Shruti Shukla | Head Of Ecommerce & Omnichannel | Leadership |
Pankaj Kumar | Head Of Marketing | Leadership |
Ashish Madan | Head- Modern Trade And CSD Business | Leadership |
Gurcharan Singh | Assistant Manager | Team |
Shivani Malhotra | Relationship Manager | Team |
Geetika Pahwa | Process Manager & MIS Specialist | Team |
Sonu Bhardwaj | HR Manager | Team |
Rakesh Punj | Assistant Production Manager | Team |
Geeta Ghai | Assistant Manager | Team |
Mithun Sharma | Information Technology Executive | Team |
Gagandeep Sagar | Buying Manager | Team |
Saurish Joshi | Business Development Executive | Team |
Aman Kalia | Assistant Manager Marketing | Team |
Vishal Saxena | Manager - E-commerce (buying, Planning & Sales) | Team |
Mehaboob Ali | Regional Sales Manager | Team |
Bhavani Shankar Bagare | Sr. Manager | Team |
21 more people are available in the full profile.
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 onBSE: 538836 · NSE: MONTECARLO
- Listed entityMonte Carlo Fashions Ltd.
- Exchange sectorConsumer non-durables
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
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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- Downloads
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Web traffic of Monte Carlo
The website of Monte Carlo (montecarlocorporate.com) receives about 2.9K visits a month.
- Monthly visits2.9K
▼ 72.8% vs previous month
Top companies in Fashion & Lifestyle Products
10 companies that operate in the same segment as Monte Carlo (Fashion & Lifestyle Products), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Luxury goods, jewelry, watches, and fashion accessories are retailed globally. | 1988 | Geneve, Geneve, Switzerland | – | USD 26.07 B | – | |
Jewellery is retailed via stores and an online platform. | 1993 | Thrissur, Kerala, India | USD 321.03 M | USD 3.81 B | 12,530 | |
Fine jewelry brand | 1994 | Bengaluru, Karnataka, India | – | USD 6.03 B | 7,331 | |
Company offering diverse collection of watches for men, women, and children, featuring various styles from formal to casual | 1984 | Bengaluru, Karnataka, India | – | USD 9.32 B | 17,820 | |
Cowboy boots, western wear, and workwear are retailed by BootBarn. | 1978 | Irvine, California, United States | – | USD 2.25 B | 10,400 | |
Internet first brand of fashion products for men and women | 1999 | London, England, United Kingdom | – | USD 3.31 B | 3,210 | |
Retail jewellery store offering multiple gold and silver products | 1991 | Madurai, Tamil Nadu, India | – | USD 905.85 M | 3,090 | |
Retailer of gold, diamond, platinum jewellery, coins and bars for men and women | 1994 | Kolkata, West Bengal, India | USD 13.01 M | USD 898.49 M | 2,900 | |
Women's footwear, bags, and accessories are designed and retailed. | 1996 | Singapore, Singapore | USD 30 M | – | – | |
Internet first brand offering apparel wear for men and women | 1981 | New York, New York, United States | – | USD 3.47 B | 14,200 |
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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 2,048 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, a brand under Monte Carlo Fashions Limited, is focused on the production and sale of branded clothing in India. Established in 1984, it operates within the apparel sector, offering a range of fashion products to meet diverse consumer demands. The company is supported by its parent entity, Oswal Woolen Mills Ltd, and has evolved from hosiery and woollens to a significant player in the readymade knitwear market. Solutions are provided through physical stores and online platforms to cater to the growing clothing industry.
Monte Carlo offers Monte Carlo Clothing.
Yes, Monte Carlo is publicly traded on NSE under the ticker symbol MONTECARLO.
Monte Carlo operates through Monte Carlo Fashions Limited.
The legal entities of Monte Carlo currently have 14 directors, including Rishabh Oswal, Manikant Prasad Singh, Parvinder Singh Pruthi and others.