TCNS Clothing Co. Ltd

₹ 567 0.52%
02 Dec - close price
About

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]

Key Points

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.

  • Market Cap 3,501 Cr.
  • Current Price 567
  • High / Low 889 / 494
  • Stock P/E 119
  • Book Value 103
  • Dividend Yield 0.00 %
  • ROCE 2.78 %
  • ROE -1.33 %
  • Face Value 2.00

Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 5.50 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 5.03% over past five years.
  • Promoter holding is low: 32.2%
  • Company has a low return on equity of 0.13% 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

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Quarterly Results

Figures in Rs. Crores

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
320.85 328.99 219.21 32.42 144.14 237.90 221.09 93.82 239.29 328.52 234.42 276.39 350.58
255.78 261.13 224.01 75.11 160.40 199.45 198.16 117.20 209.07 265.49 214.65 245.08 304.44
Operating Profit 65.07 67.86 -4.80 -42.69 -16.26 38.45 22.93 -23.38 30.22 63.03 19.77 31.31 46.14
OPM % 20.28% 20.63% -2.19% -131.68% -11.28% 16.16% 10.37% -24.92% 12.63% 19.19% 8.43% 11.33% 13.16%
2.65 7.16 9.11 16.59 9.37 4.93 18.11 2.97 14.87 4.69 12.16 6.63 1.78
Interest 9.56 9.89 9.51 9.14 8.86 7.04 11.42 7.98 8.88 9.49 10.82 9.69 10.76
Depreciation 23.82 24.84 31.28 25.19 22.36 19.42 24.94 20.64 22.10 22.92 28.73 25.66 27.11
Profit before tax 34.34 40.29 -36.48 -60.43 -38.11 16.92 4.68 -49.03 14.11 35.31 -7.62 2.59 10.05
Tax % 48.51% -36.58% 34.81% 25.00% 27.63% 25.18% 17.52% 26.43% 21.55% 29.03% 23.88% 6.18% 24.08%
Net Profit 17.69 55.03 -23.77 -45.33 -27.59 12.66 3.87 -36.06 11.07 25.06 -5.81 2.44 7.64
EPS in Rs 2.88 8.95 -3.87 -7.37 -4.49 2.06 0.63 -5.86 1.80 4.07 -0.94 0.40 1.24
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
71 112 127 147 301 485 701 997 1,148 1,149 636 896 1,190
65 102 110 133 250 489 623 841 971 962 633 806 1,030
Operating Profit 6 9 17 14 51 -3 78 156 177 186 2 90 160
OPM % 8% 8% 13% 9% 17% -1% 11% 16% 15% 16% 0% 10% 13%
0 0 0 0 1 1 0 6 8 21 49 35 25
Interest 0 0 0 0 5 3 2 1 1 38 36 37 41
Depreciation 2 2 3 3 6 9 13 17 22 103 92 94 104
Profit before tax 4 7 14 11 41 -14 62 145 162 66 -77 -7 40
Tax % 18% 36% 34% 36% 36% -204% 75% 32% 19% -5% 27% 21%
Net Profit 3 5 9 7 26 -42 16 98 131 69 -56 -6 29
EPS in Rs 4.33 5.39 1.01 0.75 2.86 -4.52 1.42 17.40 21.43 11.29 -9.16 -0.93 4.77
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 22%
5 Years: 5%
3 Years: -8%
TTM: 50%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 447%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -6%
1 Year: -30%
Return on Equity
10 Years: %
5 Years: 8%
3 Years: 0%
Last Year: -1%

Balance Sheet

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
8 9 10 10 10 9 11 11 12 12 12 12 12
Reserves 7 12 61 68 100 39 271 396 606 648 600 608 623
28 33 26 31 40 38 9 0 0 362 330 413 485
14 32 29 31 65 222 135 189 167 176 132 228 309
Total Liabilities 57 86 125 139 214 309 426 597 786 1,198 1,074 1,261 1,430
5 5 7 9 21 39 47 52 59 352 301 403 485
CWIP 0 0 0 0 0 0 3 8 0 2 1 2 2
Investments 0 0 0 0 1 1 2 2 138 118 172 146 39
52 81 118 130 192 268 374 535 589 726 600 710 903
Total Assets 57 86 125 139 214 309 426 597 786 1,198 1,074 1,261 1,430

Cash Flows

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-7 -1 -18 5 41 90 131 113 104
-1 -2 -5 -5 -28 -143 -3 -56 2
9 4 29 -1 21 38 -97 -96 -109
Net Cash Flow 1 1 6 -0 35 -15 31 -38 -4

Ratios

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 93 88 133 144 79 48 52 57 57 56 95 71
Inventory Days 456 482 535 239 257 300 373 426
Days Payable 232 297 301 122 108 111 122 202
Cash Conversion Cycle 93 88 133 144 303 233 285 174 206 244 345 294
Working Capital Days 188 149 221 209 128 75 86 96 103 122 206 152
ROCE % 15% 19% 10% -8% 35% 42% 31% 13% -4% 3%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
32.34 32.33 32.33 32.33 32.31 32.31 32.31 32.30 32.28 32.26 32.25 32.25
12.67 12.23 13.81 16.37 17.00 19.52 17.84 17.86 17.63 17.01 16.70 16.82
10.27 10.63 10.37 7.55 7.07 4.36 5.91 6.13 6.57 7.23 7.15 5.02
44.72 44.80 43.48 43.75 43.62 43.81 43.94 43.72 43.52 43.50 43.89 45.92

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

Please click on the line-items to see the names of individual entities.

Documents

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