External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

External broker reports(aggregated public sources)

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<p>TCNS Clothing reported decent Q4FY21 results with marginal revenue growth of 1% YoY to Rs 221 crore. On adjusted base, recovery was ~76% of pre-Covid levels (vs. 72% in Q3FY21). The revenue recovery rate would have been better but the pace of recovery was hampered by partial lockdowns in various states from mid-March onwards. Non-metro cities continued to recover at a swift pace with Tier II, III cites recovering at ~95% of pre-Covid levels. Stores in metro cites are lagging behind with 75% recovery rate.</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

TCNS Clothing reported decent Q4FY21 results with marginal revenue growth of 1% YoY to Rs 221 crore. On adjusted base, recovery was ~76% of pre-Covid levels (vs. 72% in Q3FY21). The revenue recovery rate would have been better but the pace of recovery was hampered by partial lockdowns in various states from mid-March onwards. Non-metro cities continued to recover at a swift pace with Tier II, III cites recovering at ~95% of pre-Covid levels. Stores in metro cites are lagging behind with 75% recovery rate.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

TCNS Clothing: Building Enablers to Achieve Accelerated Growth

India

TCNS Clothing Co. Limited retails women's apparels. The Company offers kurtas, tops, dress, gilet, pants, palazzo, culottes, trousers, skirts, churidars, stole, drapes, scarf, neckpiece, brooch, and tights. TCNS Clothing serves customers in India.

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TCNS Clothing (TCNSBR IN)

TCNS Clothing: Building Enablers to Achieve Accelerated Growth

TCNS Clothing reported decent Q4FY21 results with marginal revenue growth of 1% YoY to Rs 221 crore. On adjusted base, recovery was ~76% of pre...

ICICI Securities Limited

TCNS Clothing: Building Enablers to Achieve Accelerated Growth

TCNS Clothing reported decent Q4FY21 results with marginal revenue growth of 1% YoY to Rs 221 crore. On adjusted base, recovery was ~76% of pre...

ICICI Securities Limited

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52-week Range

Market Cap (USDm)

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