Price
Financials
Standalone, Rs crore| Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 239 | 329 | 234 | 276 | 351 | 306 | 269 | 244 | 226 | 278 | 211 | 206 |
| Expenses | 209 | 265 | 215 | 245 | 304 | 266 | 260 | 254 | 353 | 288 | 249 | 246 |
| Operating Profit | 30 | 63 | 20 | 31 | 46 | 40 | 8 | -10 | -127 | -10 | -38 | -40 |
| OPM % | 13% | 19% | 8% | 11% | 13% | 13% | 3.1% | -4.2% | -56% | -3.5% | -18% | -19% |
| Other Income | 15 | 5 | 12 | 7 | 2 | 4 | 4 | 5 | 2 | 2 | 4 | 4 |
| Interest | 9 | 9 | 11 | 10 | 11 | 13 | 18 | 14 | 19 | 18 | 20 | 16 |
| Depreciation | 22 | 23 | 29 | 26 | 27 | 29 | 39 | 29 | 33 | 31 | 31 | 27 |
| Profit before tax | 14 | 35 | -8 | 3 | 10 | 1 | -45 | -49 | -177 | -57 | -84 | -80 |
| Tax % | 22% | 29% | -24% | 6% | 24% | 29% | -37% | -25% | -23% | -9% | -24% | -25% |
| Net Profit | 11 | 25 | -6 | 2 | 8 | 0 | -28 | -37 | -136 | -52 | -64 | -60 |
| EPS in Rs | 1.80 | 4.07 | -0.94 | 0.40 | 1.24 | 0.08 | -4.56 | -5.85 | -21.57 | -8.17 | -10.05 | -9.44 |
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 147 | 301 | 485 | 701 | 997 | 1,148 | 1,149 | 636 | 896 | 1,202 | 960 | 922 |
| Expenses | 133 | 250 | 489 | 623 | 841 | 971 | 962 | 633 | 806 | 1,076 | 1,144 | 1,136 |
| Operating Profit | 14 | 51 | -3 | 78 | 156 | 177 | 186 | 2 | 90 | 126 | -185 | -214 |
| OPM % | 9% | 17% | -0.7% | 11% | 16% | 15% | 16% | 0.4% | 10% | 10% | -19% | -23% |
| Other Income | 0 | 1 | 1 | 0 | 6 | 8 | 21 | 49 | 35 | 16 | 13 | 12 |
| Interest | 0 | 5 | 3 | 2 | 1 | 1 | 38 | 36 | 37 | 52 | 71 | 73 |
| Depreciation | 3 | 6 | 9 | 13 | 17 | 22 | 103 | 92 | 94 | 121 | 125 | 122 |
| Profit before tax | 11 | 41 | -14 | 62 | 145 | 162 | 66 | -77 | -7 | -31 | -368 | -398 |
| Tax % | 36% | 36% | 204% | 75% | 32% | 19% | -5% | -27% | -21% | -44% | -21% | |
| Net Profit | 7 | 26 | -42 | 16 | 98 | 131 | 69 | -56 | -6 | -18 | -289 | -311 |
| EPS in Rs | 0.75 | 2.87 | -4.53 | 1.42 | 17.39 | 21.44 | 11.29 | -9.17 | -0.93 | -2.84 | -45.58 | -49.23 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | -4% | 15% | -21% | ||
| Compounded Profit Growth | % | % | % | -447% | ||
| Stock Price CAGR | % | -2% | 17% | % | ||
| Return on Equity | -2% | -10% | -19% | -63% |
| Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 13 |
| Reserves | 61 | 68 | 100 | 39 | 271 | 420 | 606 | 648 | 600 | 608 | 599 | 291 |
| Borrowings | 27 | 32 | 41 | 38 | 9 | 0 | 0 | 362 | 330 | 413 | 547 | 607 |
| Other Liabilities | 28 | 30 | 64 | 222 | 135 | 165 | 167 | 176 | 132 | 228 | 328 | 374 |
| Total Liabilities | 125 | 139 | 214 | 309 | 426 | 597 | 786 | 1,198 | 1,074 | 1,261 | 1,486 | 1,285 |
| Fixed Assets | 7 | 9 | 21 | 39 | 47 | 52 | 59 | 352 | 301 | 403 | 520 | 472 |
| CWIP | 0 | 0 | 0 | 0 | 3 | 8 | 0 | 2 | 1 | 2 | 0 | 0 |
| Investments | 0 | 0 | 1 | 1 | 2 | 2 | 138 | 118 | 172 | 146 | 2 | 0 |
| Other Assets | 118 | 130 | 192 | 268 | 374 | 535 | 589 | 726 | 600 | 710 | 965 | 812 |
| Total Assets | 125 | 139 | 214 | 309 | 426 | 597 | 786 | 1,198 | 1,074 | 1,261 | 1,486 | 1,285 |
| Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -18 | 5 | 41 | 90 | 131 | 113 | 104 | -0 | 47 | |||
| Cash from Investing Activity | -5 | -5 | -28 | -143 | -3 | -56 | 2 | 109 | -15 | |||
| Cash from Financing Activity | 29 | -1 | 21 | 38 | -97 | -96 | -109 | -96 | -53 | |||
| Net Cash Flow | 6 | -0 | 35 | -15 | 31 | -38 | -4 | 12 | -21 | |||
| Free Cash Flow | -23 | 1 | 14 | 66 | 99 | 103 | 72 | -38 | 30 | |||
| CFO/OP | -83% | 65% | 55% | 69% | 85% | 3,262% | 116% | -6% | -26% |
| Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 133 | 144 | 79 | 48 | 52 | 57 | 57 | 56 | 95 | 71 | 78 | 56 |
| Inventory Days | 456 | 482 | 535 | 239 | 257 | 300 | 373 | 426 | 451 | 401 | ||
| Days Payable | 232 | 297 | 301 | 122 | 108 | 111 | 122 | 202 | 237 | 286 | ||
| Cash Conversion Cycle | 133 | 144 | 303 | 233 | 285 | 174 | 206 | 244 | 345 | 294 | 292 | 171 |
| Working Capital Days | 221 | 209 | 87 | 54 | 82 | 96 | 103 | 102 | 167 | 122 | 117 | 17 |
| ROCE % | 19% | 10% | -8% | 35% | 41% | 31% | 13% | -4% | 3% | 2% | -29% |
| Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 32.30% | 32.28% | 32.26% | 32.25% | 32.25% | 32.21% | 32.20% | 31.47% | 61.05% | 52.06% | 52.01% | 52.01% |
| FIIs | 17.86% | 17.63% | 17.01% | 16.70% | 16.82% | 16.84% | 16.68% | 12.20% | 5.32% | 5.03% | 4.57% | 4.46% |
| DIIs | 6.13% | 6.57% | 7.23% | 7.15% | 5.02% | 4.50% | 3.66% | 4.94% | 2.53% | 1.75% | 1.75% | 2.15% |
| Public | 43.72% | 43.52% | 43.50% | 43.89% | 45.92% | 46.45% | 47.45% | 51.38% | 31.09% | 41.16% | 41.67% | 41.39% |
| No. of Shareholders | 15,265 | 16,076 | 16,246 | 18,894 | 19,438 | 20,480 | 20,463 | 22,168 | 25,024 | 23,064 | 23,429 | 18,041 |
Fundamentals
Market Cap₹ 3,697 Cr.
Current Price₹ 584
Book Value₹ 47.9
ROCE-28.7 %
ROE-63.1 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)-21%
Compounded Profit Growth (TTM)-447%
Standalone figures.
Valuation
Market capRs 3,697 Cr
Enterprise valueRs 4,302 Cr
Price to book12.19x
Price to sales4.01x
EV / sales4.67x
Price to cash flow78.55x
Earnings yield-8.42%
P/B, 3-year average5.93x
P/E, 5-year average29.10x
P/B, 5-year average5.00x
Profitability
Operating margin (excl. other income)-19.27%
Operating margin (incl. other income)-17.93%
EBITDA margin-22.00%
Pre-tax margin-43.16%
Net profit margin-33.78%
Net margin, latest quarter-28.98%
ROE-63.07%
ROCE-28.69%
ROA-20.83%
ROE, 3-year average-22.28%
ROCE, 3-year average-7.92%
ROA, 3-year average-7.53%
ROE, 5-year average-12.97%
ROCE, 5-year average-3.04%
ROA, 5-year average-4.11%
ROIC (approx.)-28.11%
Tax rate21.49%
Other income / net worth4.22%
Growth
Sales growth (latest year)-20.14%
Sales CAGR, 3 years14.72%
Sales CAGR, 5 years-3.52%
Sales growth QoQ-2.44%
Sales growth YoY (latest quarter)-15.53%
Per share
EPS (TTM)Rs -49.17
EPS (latest quarter)Rs -9.44
EPS, 3-year averageRs -1.89
EPS, 5-year averageRs -0.41
Book value per shareRs 47.91
Sales per shareRs 145.57
Cash flow per shareRs 7.43
Free cash flow per shareRs 4.74
Efficiency
Asset turnover0.75x
Fixed asset turnover2.03x
Inventory turnover0.91x
Inventory days401 days
Debtor days56 days
Debtors turnover6.53x
Creditor days286 days
Cash conversion cycle171 days
Working capital days17 days
Leverage
Total debtRs 607 Cr
Cash and bankRs 2 Cr
Net debtRs 605 Cr
Debt to equity2.00x
Interest coverage-4.48x
Owners' fund to total sources23.61%
Debt to assets47.25%
Cash flow
Cash from Operating Activity (latest year)Rs 47 Cr
Cash from Investing Activity (latest year)Rs -15 Cr
Cash from Financing Activity (latest year)Rs -53 Cr
Net Cash Flow (latest year)Rs -21 Cr
Free cash flow (latest year)Rs 30 Cr
FCFE (approx.: FCF + change in debt)Rs 90 Cr
Sales to cash flow20.39x
Statement figures
Net sales (TTM)Rs 922 Cr
Net sales (latest year)Rs 960 Cr
Sales (latest quarter)Rs 206 Cr
Operating profit excl. other income (latest year)Rs -185 Cr
Operating profit (latest quarter)Rs -40 Cr
Other income (TTM)Rs 12 Cr
EBITDA (TTM)Rs -203 Cr
PBDT (TTM)Rs -275 Cr
Profit before tax (TTM)Rs -398 Cr
Tax (latest year)Rs -79 Cr
Net profit (TTM)Rs -311 Cr
Net profit (latest year)Rs -289 Cr
Net profit (latest quarter)Rs -60 Cr
Depreciation (TTM)Rs 122 Cr
Depreciation (latest quarter)Rs 27 Cr
Interest (TTM)Rs 73 Cr
Cost of goods sold (latest year)Rs 337 Cr
Total expenditure (latest year)Rs 1,144 Cr
Total income (latest year)Rs 972 Cr
Share capitalRs 13 Cr
ReservesRs 291 Cr
Shareholders' fundsRs 303 Cr
Total assetsRs 1,285 Cr
Net blockRs 472 Cr
Capital work in progressRs 0 Cr
ReceivablesRs 147 Cr
InventoryRs 370 Cr
Other liabilitiesRs 374 Cr
Shares outstanding (crore)6.33
Ownership
Promoter holding52.01% (+20.54 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 11.86 is at the 96th percentile (median 5.81).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | TCNSBRANDS | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +1.7% | -2.8% | +4.5 pts |
| 1 month | -2.0% | -6.8% | +4.8 pts |
| 3 months | +18.9% | -7.6% | +26.5 pts |
| 6 months | +53.0% | +0.4% | +52.6 pts |
| 1 year | +37.5% | -9.9% | +47.4 pts |
| 2 years | +1.1% | -13.6% | +14.6 pts |
| 3 years | -13.8% | +14.2% | -27.9 pts |
| 5 years | -11.3% | +27.9% | -39.2 pts |
Red flags
F-score 2 of 8| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2024Sales ₹206 Cr -15.6% vs Jun 2023.
Net loss ₹60 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Page Industries Ltd | 40,801 | 52.2 | 64.4 % |
| Arvind Ltd | 14,838 | 33.8 | 14.7 % |
| Pearl Global Industries Ltd | 11,921 | 38.0 | 19.9 % |
| Gokaldas Exports Ltd | 4,972 | 48.3 | 7.65 % |
| Lux Industries Ltd | 3,321 | 32.1 | 7.68 % |
| Kewal Kiran Clothing Ltd | 2,884 | 19.5 | 17.2 % |
| SBC Exports Ltd | 2,607 | 76.8 | 16.7 % |
| S P Apparels Ltd | 2,356 | 22.4 | 14.0 % |
| Kitex Garments Ltd | 2,304 | 1.59 % | |
| Cantabil Retail India Ltd | 1,949 | 20.0 | 19.4 % |
| Dollar Industries Ltd | 1,593 | 14.4 | 13.6 % |
| Iris Clothings Ltd | 1,195 | 68.0 | 16.0 % |
| Monte Carlo Fashions Ltd | 1,070 | 10.2 | 14.0 % |
| Rupa & Company Ltd | 1,053 | 13.5 | 9.59 % |
| Karnika Industries Ltd | 775 | 27.7 | % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2022-09-12 | Annual General Meeting | |
| 2021-09-08 | Annual General Meeting | |
| 2020-09-16 | Annual General Meeting | |
| 2019-08-16 | Annual General Meeting |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of TCNS Clothing Co. Ltd(Merged)?
TCNS Clothing Co. Ltd(Merged) (TCNSBRANDS) has a market capitalisation of Rs 3,697 Cr. at the 2024-09-02 close.
What were TCNS Clothing Co. Ltd(Merged)'s latest quarterly results?
In the Jun 2024 quarter, TCNS Clothing Co. Ltd(Merged) sales was Rs 206 Cr (-15.6% vs Jun 2023) with a net loss of Rs 60 Cr.