TCNS Clothing
Market Cap
₹42.9b
Last Updated
2019/10/18 12:54 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.
Snowflake
Fundamentals
Flawless balance sheet with solid 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
Market Performance
7 Day Return
-2.1%
TCNSBRANDS
1.7%
IN Luxury
3.1%
IN Market
1 Year Return
23.4%
TCNSBRANDS
10.4%
IN Luxury
3.7%
IN Market
Return vs Industry: TCNSBRANDS exceeded the Indian Luxury industry which returned 10.4% over the past year.
Return vs Market: TCNSBRANDS exceeded the Indian Market which returned 3.7% over the past year.
Shareholder returns
| TCNSBRANDS | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.1% | 1.7% | 3.1% |
| 30 Day | 6.6% | 5.4% | 5.7% |
| 90 Day | -9.6% | 7.3% | 1.4% |
| 1 Year | 23.4%23.4% | 11.3%10.4% | 5.9%3.7% |
| 3 Year | n/a | 47.8%46.1% | 22.3%16.0% |
| 5 Year | n/a | 104.2%100.6% | 42.5%28.9% |
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
3 days ago | Simply Wall St
If You Had Bought TCNS Clothing (NSE:TCNSBRANDS) Shares A Year Ago You'd Have Made 21%2 weeks ago | Simply Wall St
The Company Secretary & Compliance Officer of TCNS Clothing Co. Limited (NSE:TCNSBRANDS), Piyush Asija, Just Sold 97% Of Their Holding4 weeks ago | Simply Wall St
A Closer Look At TCNS Clothing Co. Limited's (NSE:TCNSBRANDS) Impressive ROEValuation
Is TCNS Clothing undervalued compared to its fair value and its price relative to the market?
33.23x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: TCNSBRANDS (₹700.2) is trading above our estimate of fair value (₹524.88)
Significantly Undervalued: 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 (33.2x) compared to the Luxury industry average (10.2x).
PE vs Market: TCNSBRANDS is poor value based on its PE Ratio (33.2x) compared to the Indian market (13.2x).
Price to Earnings Growth Ratio
Low PEG Ratio: TCNSBRANDS is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: TCNSBRANDS is overvalued based on its PB Ratio (6.9x) compared to the IN Luxury industry average (0.6x).
Next Steps
Future Growth
How is TCNS Clothing forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
14.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TCNSBRANDS's forecast earnings growth (14.2% per year) is above the savings rate (7.6%).
Earnings vs Market: TCNSBRANDS's earnings (14.2% per year) are forecast to grow slower than the Indian market (18.2% per year).
High Growth Earnings: TCNSBRANDS's earnings are forecast to grow, but not significantly.
Revenue vs Market: TCNSBRANDS's revenue (14.5% per year) is forecast to grow faster than the Indian market (11.4% per year).
High Growth Revenue: TCNSBRANDS's revenue (14.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: TCNSBRANDS's Return on Equity is forecast to be low in 3 years time (19.2%).
Next Steps
Past Performance
How has TCNS Clothing performed over the past 5 years?
43.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: TCNSBRANDS's earnings have grown significantly by 43.3% per year over the past 5 years.
Accelerating Growth: TCNSBRANDS's earnings growth over the past year (39.7%) is below its 5-year average (43.3% per year).
Earnings vs Industry: TCNSBRANDS earnings growth over the past year (39.7%) exceeded the Luxury industry 7.9%.
Return on Equity
High ROE: TCNSBRANDS's Return on Equity (21.3%) is considered high.
Return on Assets
ROA vs Industry: TCNSBRANDS has a higher Return on Assets than the Luxury industry average last year.
Return on Capital Employed
ROCE Improving: TCNSBRANDS has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is TCNS Clothing's financial position?
Financial Position Analysis
Short Term Liabilities: TCNSBRANDS's short term assets (₹6.4B) exceeds its short term liabilities (₹1.5B)
Long Term Liabilities: TCNSBRANDS's short term assets (6.4B) exceeds its long term liabilities (144.1M)
Debt to Equity History and Analysis
Debt Level: TCNSBRANDS's debt to equity ratio (0.04%) is considered satisfactory
Reducing Debt: TCNSBRANDS's debt to equity ratio has reduced from 39.5% to 0.04% over the past 5 years.
Debt Coverage: TCNSBRANDS's debt is well covered by operating cash flow (41261%).
Interest Coverage: TCNSBRANDS's interest payments on its debt are well covered by EBIT (38.8x coverage).
Balance Sheet
Inventory Level: TCNSBRANDS has a high level of physical assets or inventory.
Debt Coverage by Assets: TCNSBRANDS's debt is covered by short term assets (assets are 2929.651370x debt).
Next Steps
Dividend
What is TCNS Clothing's current dividend yield, its reliability and sustainability?
0.20%
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate TCNSBRANDS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TCNSBRANDS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
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
What is the CEO of TCNS Clothing's salary, the management and board of directors tenure and is there insider trading?
2.4yrs
Average management tenure
CEO
Anant Daga (42yo)
9.6yrs
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: Insufficient data to establish whether Anant's total compensation is reasonable compared to companies of similar size in the Indian market.
Compensation vs Earnings: Insufficient data to compare Anant's compensation with company performance.
Management Age and Tenure
2.4yrs
Average Tenure
44yo
Average Age
Experienced Management: TCNSBRANDS's management team is considered experienced (2.4 years average tenure).
Board Age and Tenure
1.8yrs
Average Tenure
64yo
Average Age
Experienced Board: TCNSBRANDS's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: TCNSBRANDS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 2,500 |
| Max Price | ₹720.79 |
| Entity | Individual |
| Role | Chief Compliance Officer Company Secretary & Compliance Officer |
| Shares | 6,090 |
| Max Price | ₹733.94 |
Ownership Breakdown
Management Team
Onkar Pasricha (69yo)
Founder & Chairman
- Tenure: 0yrs
- Compensation: ₹2.83m
Anant Daga (42yo)
MD & Director
- Tenure: 9.6yrs
- Compensation: ₹619.88m
Venkatesh Tarakkad (46yo)
Chief Financial Officer
- Tenure: 2.4yrs
- Compensation: ₹10.90m
Piyush Asija (34yo)
Company Secretary & Compliance Officer
- Tenure: 1.8yrs
- Compensation: ₹2.86m
Board Members
Sangeeta Talwar (63yo)
Independent Director
- Tenure: 1.8yrs
- Compensation: ₹900.00k
Neeru Abrol (65yo)
Independent Director
- Tenure: 1.8yrs
- Compensation: ₹1.45m
Bhaskar Pramanik (68yo)
Independent Director
- Tenure: 1.8yrs
- Compensation: ₹1.25m
Naresh Patwari (41yo)
Non-Executive Director
- Tenure: 3.2yrs
Onkar Pasricha (69yo)
Founder & Chairman
- Tenure: 0yrs
- Compensation: ₹2.83m
Anant Daga (42yo)
MD & Director
- Tenure: 9.6yrs
- Compensation: ₹619.88m
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: ₹42.894b
- Shares outstanding: 61.46m
- 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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/18 12:54 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| 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.