TCNS Clothing Co. Ltd
TCNS Clothing Co. Ltd, incorporated in 1997 is a leading exclusive women’s ethnic/fusion apparel company providing fashion in a modern retail environment. It combines fashion and functionality according to the needs of contemporary Indian women need. [1]
- Market Cap ₹ 2,462 Cr.
- Current Price ₹ 389
- High / Low ₹ 542 / 327
- Stock P/E
- Book Value ₹ 72.0
- Dividend Yield 0.00 %
- ROCE 1.72 %
- ROE -3.17 %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 5.41 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -8.99%
- The company has delivered a poor sales growth of 3.80% over past five years.
- Company has a low return on equity of -4.59% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Textiles Industry: Textiles - Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
112 | 127 | 147 | 301 | 485 | 701 | 997 | 1,148 | 1,149 | 636 | 896 | 1,202 | 1,017 | |
102 | 110 | 133 | 250 | 489 | 623 | 841 | 971 | 962 | 633 | 806 | 1,076 | 1,156 | |
Operating Profit | 9 | 17 | 14 | 51 | -3 | 78 | 156 | 177 | 186 | 2 | 90 | 126 | -139 |
OPM % | 8% | 13% | 9% | 17% | -1% | 11% | 16% | 15% | 16% | 0% | 10% | 10% | -14% |
0 | 0 | 0 | 1 | 1 | 0 | 6 | 8 | 21 | 49 | 35 | 16 | 12 | |
Interest | 0 | 0 | 0 | 5 | 3 | 2 | 1 | 1 | 38 | 36 | 37 | 52 | 69 |
Depreciation | 2 | 3 | 3 | 6 | 9 | 13 | 17 | 22 | 103 | 92 | 94 | 121 | 132 |
Profit before tax | 7 | 14 | 11 | 41 | -14 | 62 | 145 | 162 | 66 | -77 | -7 | -31 | -328 |
Tax % | 36% | 34% | 36% | 36% | -204% | 75% | 32% | 19% | -5% | 27% | 21% | 44% | |
5 | 9 | 7 | 26 | -42 | 16 | 98 | 131 | 69 | -56 | -6 | -18 | -253 | |
EPS in Rs | 5.39 | 1.01 | 0.75 | 2.86 | -4.52 | 1.42 | 17.40 | 21.43 | 11.29 | -9.16 | -0.93 | -2.84 | -40.15 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 23% |
5 Years: | 4% |
3 Years: | 2% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -5405% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -14% |
3 Years: | -5% |
1 Year: | -16% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | -5% |
Last Year: | -3% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 9 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 13 |
Reserves | 12 | 61 | 68 | 100 | 39 | 271 | 420 | 606 | 648 | 600 | 608 | 599 | 442 |
Preference Capital | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
33 | 26 | 31 | 40 | 38 | 9 | 0 | 0 | 362 | 330 | 413 | 547 | 635 | |
32 | 29 | 31 | 65 | 222 | 135 | 165 | 167 | 176 | 132 | 228 | 328 | 401 | |
Total Liabilities | 86 | 125 | 139 | 214 | 309 | 426 | 597 | 786 | 1,198 | 1,074 | 1,261 | 1,486 | 1,491 |
5 | 7 | 9 | 21 | 39 | 47 | 52 | 59 | 352 | 301 | 403 | 520 | 549 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 3 | 8 | 0 | 2 | 1 | 2 | 0 | 0 |
Investments | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 138 | 118 | 172 | 146 | 2 | 0 |
81 | 118 | 130 | 192 | 268 | 374 | 535 | 589 | 726 | 600 | 710 | 965 | 942 | |
Total Assets | 86 | 125 | 139 | 214 | 309 | 426 | 597 | 786 | 1,198 | 1,074 | 1,261 | 1,486 | 1,491 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | -18 | 5 | 41 | 90 | 131 | 113 | 104 | -0 | ||||
-2 | -5 | -5 | -28 | -143 | -3 | -56 | 2 | 109 | ||||
4 | 29 | -1 | 21 | 38 | -97 | -96 | -109 | -96 | ||||
Net Cash Flow | 1 | 6 | -0 | 35 | -15 | 31 | -38 | -4 | 12 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 88 | 133 | 144 | 79 | 48 | 52 | 57 | 57 | 56 | 95 | 71 | 78 |
Inventory Days | 456 | 482 | 535 | 239 | 257 | 300 | 373 | 426 | 451 | |||
Days Payable | 232 | 297 | 301 | 122 | 108 | 111 | 122 | 202 | 237 | |||
Cash Conversion Cycle | 88 | 133 | 144 | 303 | 233 | 285 | 174 | 206 | 244 | 345 | 294 | 292 |
Working Capital Days | 149 | 221 | 209 | 128 | 75 | 86 | 96 | 103 | 122 | 206 | 152 | 155 |
ROCE % | 15% | 19% | 10% | -8% | 35% | 41% | 31% | 13% | -4% | 3% | 2% |
Documents
Announcements
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Compliances- Compliance Certificate For The Period Ended March, 31 2024
16 Apr - TCNS Clothing Co. Limited has informed the exchange regarding the compliance certificate to be obtained under Reg. 7(3) of SEBI (LODR) Reg, 2015 for the …
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Compliances- Certificate Under Reg 40 (9) Of SEBI (LODR) Regulations, 2015.
12 Apr - TCNS Clothing Co. Limited has informed the exchange regarding the certificate required under Reg 40(9) of SEBI (LODR) Regulations, 2015.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - TCNS Clothing Co. Limited has informed the exchange regarding the certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended March 31, …
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Response To The Clarification Sought, Dated April, 03 2024.
3 Apr - With reference to the BSE communication through email dated April, 03 2024 seeking clarification on increase in volume of securities of the Company, Please find …
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Clarification sought from TCNS Clothing Co. Ltd
3 Apr - Exchange has sought clarification from TCNS Clothing Co. Ltd on April 3, 2024, with reference to Movement in Volume.
Annual reports
Concalls
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Aug 2023TranscriptNotesPPT
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Nov 2019Transcript PPT
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May 2019Transcript PPT
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Feb 2019Transcript PPT
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Nov 2018Transcript PPT
Milestones
In 2016, BYTA ASSOCIATES made the largest PE deal in the category with an investment of $140 million.
In 2018, it was the 1st in the category to be listed.
In 2022, it launched W Beauty. [1]