Monte Carlo Fashions Share Price Target 2025, 2026, 2030, 2040, 2050
Monte Carlo Fashions is an Indian clothing company, part of the Nahar Group. It is popular for woollen and cotton clothes and makes products for men, women, and tweens, like sweaters, shirts, pants, jeans, dresses, and accessories such as belts and ties. The brand sells its clothes through its own stores, other shops, big stores, and online. It is a well-known mid-range brand in India, especially for woollen clothes.
- 1 What is Monte Carlo Fashions Ltd NSE: MONTECARLO?
- 2 Monte Carlo Share Price Target
- 3 Monte Carlo Share Price Target 2025
- 4 Monte Carlo Share Price Target 2026
- 5 Share Price Target 2027
- 6 Share Price Target 2028
- 7 Share Price Target 2029
- 8 Monte Carlo share price Target 2030
- 9 Share Price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Monte Carlo stock?
- 12 Monte Carlo earnings results
- 13 Is Monte Carlo stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Monte Carlo Fashions Ltd NSE: MONTECARLO?
Monte Carlo Fashions was established in 1984. The company was established in 1984. It is a famous Indian clothing brand. The company has over 1,500 stores in India and sells woollen and cotton clothes, sports and casual wear, home textiles, and accessories for men, women, and children. It has two factories in Ludhiana where it makes and designs its products. In 2024, the company’s sales went up, but profits went down because costs increased. It also opened new stores and grew its online sales through apps like Blinkit and Swiggy.
It is a popular Indian clothing brand that is part of Oswal Woollen Mills, which belongs to the Nahar Group. The company makes and sells many types of clothes for men, women, and tweens. Its products include woollen and cotton clothes, shirts, pants, jeans, dresses, and accessories like belts and ties. It is now a well-known and trusted brand in India’s fashion market. In 2025, its share price target would be ₹943, as per stock market analysts.
According to stock market analysts, its share price would be between ₹453 to ₹943 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 453 | 943 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 626 | 815 |
February | 553 | 730 |
March | 520 | 620 |
April | 518 | 623 |
May | 520 | 635 |
June | 577 | 634 |
July | 566 | 640 |
August | 543 | 598 |
September | 570 | 715 |
October | 510 | 797 |
November | 453 | 817 |
December | 600 | 943 |
It has a large range of clothes for different people. They make woollen and cotton clothes that can be worn all year round. Their collection includes tunics, shrugs, shorts, leggings, shirts, pants, jeans, dresses, jumpsuits, tracksuits, and simple T-shirts for men, women, and kids aged 8 to 14. It also sells accessories like ties, belts, and socks, making it a complete fashion brand for everyone. In 2026, its share price target would be ₹1457, as per stock market analysts.
Its share price would be between ₹900 to ₹1457 in 2026, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 900 | 1457 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 900 | 1065 |
February | 921 | 1090 |
March | 965 | 1135 |
April | 978 | 1154 |
May | 1000 | 1187 |
June | 1025 | 1220 |
July | 1042 | 1268 |
August | 1065 | 1290 |
September | 1121 | 1365 |
October | 1165 | 1387 |
November | 1225 | 1410 |
December | 1278 | 1457 |
It has a strong network of stores across India. It has more than 200 brand-only stores, over 1,300 shops that sell multiple brands, and about 60 big stores. This wide network makes it easy for people to buy its products and helps the brand stay popular in India’s busy clothing market. In 2027, its share price target would be ₹1947, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1414 to ₹1947 in 2027.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 1414 | 1947 |
It started with Oswal Woollen Mills, which was set up in 1949 in Ludhiana. At first, the company made hosiery(leggings) and fabrics, and in 1972, it added a wool combing unit to grow in India’s ready-made knitwear market. In 1984, Monte Carlo was launched as a brand, which was an important step in India’s clothing industry. Later, in 2011-12, the company separated from Oswal Woollen Mills to focus only on ready-made clothes and became Monte Carlo Fashions. In 2028, its share price target would be ₹2424, as per stock market analysts.
Its share price would be between ₹1887 to ₹2424 in 2028, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 1887 | 2424 |
Shri Jawahar Lal Oswal is the Chairman and Managing Director of the company. His guidance has helped the company to become a place where people can buy modern, good-quality clothes at fair prices. The brand has grown over the years and is now a popular choice for fashion-loving people all over India. In 2029, its share price target would be ₹2872, as per stock market analysts.
According to stock market analysts, its share price would be between ₹2390 to ₹2872 in 2029.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 2390 | 2872 |
It has two modern factories in Ludhiana where they make woollen and cotton clothes. The factories use advanced machines to make sure the clothes are of high quality. The company control the process, delivers products on time, and keeps the quality consistent by making the clothes themselves. In 2030, its share price target would be ₹3362, as per stock market analysts.
Its share price would be between ₹2856 to ₹3362 in 2030, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 2856 | 3362 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 2856 | 2984 |
February | 2882 | 3041 |
March | 2900 | 3074 |
April | 2912 | 3090 |
May | 2957 | 3100 |
June | 2978 | 3125 |
July | 3012 | 3158 |
August | 3042 | 3184 |
September | 3084 | 3200 |
October | 3110 | 3225 |
November | 3151 | 3274 |
December | 3184 | 3362 |
It uses modern tools like SAP HANA and SAP Analytics Cloud to manage stock, work with suppliers, and know what customers like. This helps the company work efficiently and meet customer needs. The brand is also famous in India, especially for woollen clothes, for its good quality, new ideas, and focus on customers. In 2040, its share price target would be ₹6300, as per stock market analysts.
According to stock market analysts, its share price would be between ₹5797 to ₹6300 in 2040.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 5797 | 6300 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 5797 | 5910 |
February | 5832 | 5957 |
March | 5850 | 5978 |
April | 5874 | 5990 |
May | 5900 | 6014 |
June | 5925 | 6047 |
July | 5942 | 6078 |
August | 5967 | 6115 |
September | 5982 | 6174 |
October | 6010 | 6225 |
November | 6057 | 6247 |
December | 6115 | 6300 |
It supports the community through programs in education, healthcare, and social welfare to help people live better. The company also plans to grow in India and other countries by opening more stores and making online shopping easier. It aims to become a stronger and more popular clothing brand around the world by focusing on new ideas, good quality, and keeping customers satisfied. In 2050, its share price target would be ₹9180, as per stock market analysts.
Its share price would be between ₹8603 to ₹9180 in 2050, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 8603 | 9180 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 8603 | 8765 |
February | 8635 | 8780 |
March | 8657 | 8835 |
April | 8680 | 8852 |
May | 8724 | 8874 |
June | 8752 | 8990 |
July | 8787 | 9025 |
August | 8800 | 9042 |
September | 8824 | 9068 |
October | 8878 | 9084 |
November | 8915 | 9125 |
December | 8954 | 9180 |
Should I buy Monte Carlo stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 453 | 943 |
2026 | 900 | 1457 |
2027 | 1414 | 1947 |
2028 | 1887 | 2424 |
2029 | 2390 | 2872 |
2030 | 2856 | 3362 |
2040 | 5797 | 6300 |
2050 | 8603 | 9180 |
It is a well-known Indian clothing company that has steady growth and pays regular dividends. Its sales and profits have gone up in recent years, and it gives a dividend of around 3%. If you want a steady income from dividends and don’t mind moderate growth, it could be a good choice. For faster growth, you may consider other stocks.
Monte Carlo earnings results
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
Sales + | 726 | 622 | 904 | 1,118 | 1,062 | 1,100 | 1,113 |
Expenses + | 601 | 506 | 720 | 898 | 916 | 913 | 931 |
Operating Profit | 124 | 116 | 184 | 220 | 145 | 187 | 182 |
OPM % | 17% | 19% | 20% | 20% | 14% | 17% | 16% |
Other Income + | 12 | 20 | 23 | 21 | 28 | 35 | 38 |
Interest | 17 | 14 | 17 | 26 | 40 | 49 | 50 |
Depreciation | 33 | 34 | 37 | 42 | 51 | 60 | 62 |
Profit before tax | 86 | 88 | 153 | 172 | 82 | 112 | 108 |
Tax % | 27% | 25% | 25% | 23% | 25% | 29% | |
Net Profit + | 63 | 66 | 114 | 133 | 61 | 80 | 77 |
EPS in Rs | 30.24 | 31.98 | 55.01 | 64.03 | 29.43 | 38.49 | 37.02 |
Dividend Payout % | 17% | 47% | 36% | 31% | 68% | 52% |
Key Metrics
TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
17.65 | 1.66 | 3.00% | 40.92 | 5.86 | 0.72% |
Peers & Comparison
Stock | PE Ratio | PB Ratio | Dividend Yield |
Monte Carlo Fashions Ltd | 17.01 | 1.66 | 3.00% |
Page Industries Ltd | 63.09 | 32.69 | 2.18% |
Safari Industries (India) Ltd | 75.17 | 11.26 | 0.14% |
Campus Activewear Ltd | 66.78 | 10.70 | 0.38% |
Is Monte Carlo stock good to buy? (bull case & bear case)

Bull Case:
- The company’s revenue grew from ₹1,089 crore in FY24 to ₹1,135.58 crore in FY25, a growth of 4.23%.
- Net profit increased from ₹59.94 crore in FY24 to ₹81.17 crore in FY25, a strong rise of 35.4%.
- The company has a debt-to-equity ratio of 0.62, which means it doesn’t rely too heavily on loans.
- It has a net profit margin of 7.38%, showing that it keeps a fair amount of profit after covering all costs.
- The return on equity (ROE) is 9.97%, meaning the company is giving decent returns to its shareholders.
- It pays a dividend of ₹20 per share, giving investors a 3.26% return just from dividends.
Bear Case:
- In Q2 FY25, profit dropped to ₹8 crore, down 39.8% from the same quarter last year, even though revenue went up slightly.
- The interest coverage ratio is 2.65×, which means earnings only cover interest costs 2.65 times—this can be risky if interest rates go up.
- In Q1 FY26, the company posted a net loss of ₹16.22 crore, with a negative net margin of –10.89%, showing poor performance.
Conclusion
Monte Carlo Fashions Ltd is a popular Indian clothing company. It has many stores across the country, and its sales and profits grew in 2025. The company gives a good dividend of 3.26%, which means investors can earn regular income. It doesn’t have too much debt, and the business is managed well. However, in recent months, profits have gone down, and the company even had a loss in one quarter. It also faces strong competition and depends on winter sales. So, it can be good for long-term investment.