TCNS Clothing Co. Limited (NSE:TCNSBRANDS) Annual Report 2022

The latest annual report of TCNS Clothing Co. Limited (TCNSBRANDS) was published on 31 Mar 2022. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - TCNSBRANDS Annual Results

^{Amounts in INR}

Total Revenue

8.96B

Gross Profit

5.86B

EBIT

-261.59M

Net Tangible Assets

6.17B

Net Income

-57.29M

Capital Expenditures

-297.72M

TCNSBRANDS Income Statement 2022 Annual Report

As per the latest Income Statement of TCNSBRANDS, the Net revenue increased by ₹2.60516B (41%) compared to the previous period. The operating income in 2022 increased by ₹843.96M (76%). The net income as per the annual report was -57.29M which increased by ₹506.54M (90%) compared to previous year.

Income Statement Report (2022/2021)

	2022	2021
Total Revenue	8.96B	6.36B
Gross Profit	5.86B	3.37B
Operating Income	-261.59M	-1.11B
Income Before Tax	-72.19M	-769.38M
Net Income	-57.29M	-563.83M

Balance Sheet - TCNSBRANDS 2022 Annual Report

Read further: TCNSBRANDS Balance Sheet Detailed Analysis

The latest balance sheet from annual result of TCNS Clothing Co. Limited showed the company reduced the cash on balance sheet by ₹-39.49M (-27%). The Net tangible assets of TCNSBRANDS on the balance sheet were at 6.17B which is ₹68.74M (1%) more than previous annual report. The total stockholder equity also increased by ₹78.81M (1%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

	2022	2021
Cash	106.99M	146.48M
Total Assets	12.61B	10.74B
Long Term Debt	-	-
Total Liabilities	6.41B	4.62B
Total Shareholder Equity	6.2B	6.12B
Net Tangible Assets	6.17B	6.1B

Cash Flow Statement - TCNSBRANDS 2022 Annual Report

The 2022 annual cash flow statement of TCNS Clothing Co. Limited showed that the net income increased by ₹506.54M (90%) compared to previous reporting period. Also the capital expenditure of TCNSBRANDS decreased by ₹-196.32M (-194%).

As of 2022, the total cash from investing activities was 15.6M and total cash from financing activities was -1.09B.

Cash Flow Statement Report (2022/2021)

	2022	2021
Net Income	-57.29M	-563.83M
Capital Expenditures	-297.72M	-101.4M
Dividends Paid	-	-
Total Cash From From Investing Activities	15.6M	-555.8M
Total Cash From From Financing Activities	-1.09B	-960.51M

TCNS Clothing Co. Limited Annual Report History

Income Statement

Income Statement history of TCNS Clothing Co. Limited (NSE:TCNSBRANDS)

	31 Mar 2022	31 Mar 2021	31 Mar 2020	31 Mar 2019
Total Revenue	8.96B	6.36B	11.49B	11.48B
Cost Of Revenue	3.1B	2.99B	4.26B	4.07B
Gross Profit	5.86B	3.37B	7.22B	7.41B
Research Development	-	-	-	-
Selling General Administrative	4.08B	1.37B	2.21B	2.91B
Non Recurring	-	-	-	-
Other Operating Expenses	1.1B	2.19B	3.12B	2.71B
Total Operating Expenses	9.22B	7.46B	10.63B	9.91B
Operating Income	-261.59M	-1.11B	859.43M	1.57B
Total Other Income Expense Net	189.4M	336.17M	-198.8M	50.37M
Ebit	-261.59M	-1.11B	859.43M	1.57B
Interest Expense	-371.7M	-364.2M	-380.29M	-4.47M
Income Before Tax	-72.19M	-769.38M	660.63M	1.62B
Income Tax Expense	-14.9M	-205.55M	-33.49M	301.88M
Minority Interest	-	-	-	-
Net Income From Continuing Ops	-57.29M	-563.83M	694.12M	1.31B
Discontinued Operations	-	-	-	-
Extraordinary Items	-	-	-	-
Effect Of Accounting Charges	-	-	-	-
Other Items	-	-	-	-
Net Income	-57.29M	-563.83M	694.12M	1.31B
Net Income Applicable To Common Shares	-57.29M	-563.83M	694.12M	1.31B

Balance Sheet Statement

Balance Sheet Statement history of TCNS Clothing Co. Limited (NSE:TCNSBRANDS)

	31 Mar 2022	31 Mar 2021	31 Mar 2020	31 Mar 2019
Cash	106.99M	146.48M	529.44M	215.63M
Short Term Investments	1.46B	-	-	-
Net Receivables	1.74B	1.89B	1.99B	1.91B
Inventory	3.61B	2.78B	3.3B	2.74B
Other Current Assets	396.08M	1.75B	1.27B	1.47B
Total Current Assets	7.31B	6.59B	7.12B	6.39B
Property Plant Equipment	4.02B	3B	3.5B	538.81M
Intangible Assets	31.02M	20.95M	36.33M	56.28M
Other Assets	1.25B	1.13B	1.31B	877.2M
Deferred Long Term Asset Charges	560.63M	549.81M	349.7M	159.72M
Total Assets	12.61B	10.74B	11.98B	7.86B
Accounts Payable	1.72B	911.75M	1.22B	1.15B
Other Current Liab	291.06M	178.76M	272.04M	258.26M
Other Liab	263.63M	182.3M	193.78M	144.14M
Total Current Liabilities	2.75B	1.81B	2.19B	1.53B
Total Liab	6.41B	4.62B	5.38B	1.67B
Common Stock	123.23M	123.05M	122.95M	122.65M
Treasury Stock	6.08B	610.07M	557.66M	488.58M
Other Stockholder Equity	6.08B	610.07M	557.66M	488.58M
Total Stockholder Equity	6.2B	6.12B	6.6B	6.19B
Net Tangible Assets	6.17B	6.1B	6.56B	6.13B
Long Term Debt	-	-	-	-

Cash Flow Statement

Cash Flow Statement history of TCNS Clothing Co. Limited (NSE:TCNSBRANDS)

	31 Mar 2022	31 Mar 2021	31 Mar 2020	31 Mar 2019
Net Income	-57.29M	-563.83M	694.12M	1.31B
Depreciation	943.84M	895.43M	1.01B	202.95M
Change To Netincome	368.43M	571.47M	59.45M	141.1M
Change To Account Receivables	-116.02M	33.93M	6.67M	-250.62M
Change To Liabilities	803.78M	-311.19M	72.97M	5.65M
Change To Inventory	-828.41M	521.37M	-561.07M	-501.42M
Change To Operating Activities	-77.63M	-37.54M	5.99M	-31.67M
Total Cash From Operating Activities	1.04B	1.13B	1.31B	899.49M
Capital Expenditures	-297.72M	-101.4M	-324.43M	-256.83M
Investments	305.22M	-514.36M	197.12M	-1.36B
Other Cashflows From Investing Activities	27.41M	64.48M	92.36M	161.86M
Total Cashflows From Investing Activities	15.6M	-555.8M	-25.27M	-1.43B
Net Borrowings	-1.11B	-942.19M	-1.01B	-520k
Other Cashflows From Financing Activities	-11.37M	-25.22M	-7.22M	-5.14M
Total Cash From Financing Activities	-1.09B	-960.51M	-970.56M	382.96M
Change In Cash	-42.4M	-382.96M	313.81M	-151.3M
Issuance Of Stock	27.79M	6.9M	45.52M	388.62M
Dividends Paid	-	-	-	-