TCNS Clothing
Market Cap
₹23.4b
Last Updated
2020/06/02 13:40 UTC
Data Sources
Company Financials +
Executive Summary
TCNS Clothing Co. Limited designs, manufactures, sells, and retails contemporary Indian wear for women in India and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with acceptable track record.
Similar Companies
Share Price & News
How has TCNS Clothing's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TCNSBRANDS's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
16.1%
TCNSBRANDS
8.6%
IN Luxury
8.2%
IN Market
1 Year Return
-51.2%
TCNSBRANDS
-21.6%
IN Luxury
-18.2%
IN Market
Return vs Industry: TCNSBRANDS underperformed the Indian Luxury industry which returned -24% over the past year.
Return vs Market: TCNSBRANDS underperformed the Indian Market which returned -19.9% over the past year.
Shareholder returns
| TCNSBRANDS | Industry | Market | |
|---|---|---|---|
| 7 Day | 16.1% | 8.6% | 8.2% |
| 30 Day | -3.2% | 2.2% | 1.5% |
| 90 Day | -34.9% | -21.2% | -11.5% |
| 1 Year | -51.2%-51.2% | -21.0%-21.6% | -16.6%-18.2% |
| 3 Year | n/a | 0.4%-1.9% | -6.1%-11.1% |
| 5 Year | n/a | 46.0%42.7% | 19.2%8.0% |
Price Volatility Vs. Market
How volatile is TCNS Clothing's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Here's What TCNS Clothing Co. Limited's (NSE:TCNSBRANDS) ROCE Can Tell Us3 months ago | Simply Wall St
Where TCNS Clothing Co. Limited (NSE:TCNSBRANDS) Stands In Terms Of Earnings Growth Against Its Industry3 months ago | Simply Wall St
How Much Are TCNS Clothing Co. Limited (NSE:TCNSBRANDS) Insiders Taking Off The Table?Valuation
Is TCNS Clothing undervalued compared to its fair value and its price relative to the market?
19.21x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TCNSBRANDS (₹380.95) is trading above our estimate of fair value (₹91.01)
Significantly Below Fair Value: TCNSBRANDS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TCNSBRANDS is poor value based on its PE Ratio (19.2x) compared to the Luxury industry average (8.1x).
PE vs Market: TCNSBRANDS is poor value based on its PE Ratio (19.2x) compared to the Indian market (10.1x).
Price to Earnings Growth Ratio
PEG Ratio: TCNSBRANDS is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: TCNSBRANDS is overvalued based on its PB Ratio (3.7x) compared to the IN Luxury industry average (0.4x).
Next Steps
Future Growth
How is TCNS Clothing forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
6.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TCNSBRANDS's forecast earnings growth (6.3% per year) is below the savings rate (7.2%).
Earnings vs Market: TCNSBRANDS's earnings (6.3% per year) are forecast to grow slower than the Indian market (16.6% per year).
High Growth Earnings: TCNSBRANDS's earnings are forecast to grow, but not significantly.
Revenue vs Market: TCNSBRANDS's revenue (7.7% per year) is forecast to grow faster than the Indian market (7.2% per year).
High Growth Revenue: TCNSBRANDS's revenue (7.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TCNSBRANDS's Return on Equity is forecast to be low in 3 years time (13.2%).
Next Steps
Past Performance
How has TCNS Clothing performed over the past 5 years?
36.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TCNSBRANDS has high quality earnings.
Growing Profit Margin: TCNSBRANDS's current net profit margins (10.3%) are lower than last year (12.6%).
Past Earnings Growth Analysis
Earnings Trend: TCNSBRANDS's earnings have grown significantly by 36.4% per year over the past 5 years.
Accelerating Growth: TCNSBRANDS's earnings growth over the past year (4.4%) is below its 5-year average (36.4% per year).
Earnings vs Industry: TCNSBRANDS earnings growth over the past year (4.4%) underperformed the Luxury industry 6.4%.
Return on Equity
High ROE: TCNSBRANDS's Return on Equity (20.1%) is considered high.
Next Steps
Financial Health
How is TCNS Clothing's financial position?
Financial Position Analysis
Short Term Liabilities: TCNSBRANDS's short term assets (₹7.1B) exceed its short term liabilities (₹2.0B).
Long Term Liabilities: TCNSBRANDS's short term assets (₹7.1B) exceed its long term liabilities (₹3.5B).
Debt to Equity History and Analysis
Debt Level: TCNSBRANDS is debt free.
Reducing Debt: TCNSBRANDS has no debt compared to 5 years ago when its debt to equity ratio was 37%.
Debt Coverage: TCNSBRANDS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TCNSBRANDS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is TCNS Clothing's current dividend yield, its reliability and sustainability?
1.08%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TCNSBRANDS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TCNSBRANDS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TCNSBRANDS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TCNSBRANDS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TCNSBRANDS's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.1yrs
Average management tenure
CEO
Anant Daga (42yo)
10.25yrs
Tenure
₹619,882,971
Compensation
Mr. Anant Kumar Daga serves as the Managing Director of TCNS Clothing Co. Limited and has been its Director since September 7, 2016. Mr. Daga holds a bachelor’s degree in commerce from the University of Ca ...
CEO Compensation Analysis
Compensation vs Market: Anant's total compensation ($USD8.20M) is above average for companies of similar size in the Indian market ($USD347.83K).
Compensation vs Earnings: Insufficient data to compare Anant's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | no data | ₹2.83m | 32.33% ₹7.6b | |
| MD & Director | 10.25yrs | ₹619.88m | 5.86% ₹1.4b | |
| Chief Financial Officer | 3.08yrs | ₹10.90m | no data | |
| Company Secretary & Compliance Officer | 2.5yrs | ₹2.86m | 0.00033% ₹77.3k | |
| Head of International Business | no data | no data | no data |
3.1yrs
Average Tenure
44yo
Average Age
Experienced Management: TCNSBRANDS's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | no data | ₹2.83m | 32.33% ₹7.6b | |
| MD & Director | 10.25yrs | ₹619.88m | 5.86% ₹1.4b | |
| Non-Executive Independent Director | 2.5yrs | ₹900.00k | no data | |
| Non-Executive Independent Director | 2.5yrs | ₹1.45m | no data | |
| Non-Executive Independent Director | 2.5yrs | ₹1.25m | no data | |
| Non-Executive Non-Independent Director | 3.83yrs | no data | no data |
2.5yrs
Average Tenure
64yo
Average Age
Experienced Board: TCNSBRANDS's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
TCNS Clothing Co. Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: TCNS Clothing Co. Limited
- Ticker: TCNSBRANDS
- Exchange: NSEI
- Founded: 1972
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹23.419b
- Shares outstanding: 61.47m
- Website: https://wforwoman.com
Number of Employees
Location
- TCNS Clothing Co. Limited
- W-House, 119 and 127
- Neelagagan towers
- New Delhi
- Delhi
- 110030
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 541700 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jul 2018 |
| TCNSBRANDS | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jul 2018 |
Biography
TCNS Clothing Co. Limited designs, manufactures, sells, and retails contemporary Indian wear for women in India and internationally. Its product portfolio includes top-wear, bottom-wear, drapes, and winter wear under the W, Aurelia, and Wishful brand names. The company sells its products through distributors, franchisees, large format stores, and e-commerce. It operates through approximately 300 stores. TCNS Clothing Co. Limited was founded in 1972 and is based in New Delhi, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/02 13:40 |
| End of Day Share Price | 2020/06/02 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.